Finance
Pakistani Rupee Gains Slightly Against US Dollar in Intra-Day Trading
The Pakistani rupee posted a modest gain against the US dollar in intra-day trading on Wednesday, offering a brief moment of relief in what has been a turbulent currency environment. According to market data, the slight appreciation came as demand…
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DISCOs Push for Fixed Charges on Solar Net Metering Users
Power distribution companies (DISCOs) have asked the National Electric Power Regulatory Authority (NEPRA) to approve fixed charges for solar net metering users as more consumers…
Federal Government Rental Ceiling Raised by 85pc for Employees
The Ministry of Housing and Works has announced an 85 percent increase in the federal government rental ceiling, a move that took effect from November…
AGP Flags Major Irregularities in NBP Stake Sale to Bestway Group
The Auditor General of Pakistan (AGP) has accused the National Bank of Pakistan (NBP) of major procedural and financial discrepancies in the NBP stake sale,…
Pakistan and Canada Finalize Canola Export Plan
Canada and Pakistan have announced their decision to support the export of Canadian canola to the Pakistani market, according to a joint statement issued late…
UBL Faces Criticism Over Withholding Salary Funds on Credit Days
United Bank Limited (UBL) is facing growing public criticism after multiple reports surfaced alleging that the bank has been withholding customer salary funds on credit…
World Bank Calls for Key Trade and Exchange Rate Reforms in Pakistan
The World Bank has urged Pakistan to strengthen its limited trade agreements, let the exchange rate move freely and push long delayed structural reforms to…
Pakistan Aims for 5.7% Growth Under New 3-Year Economic and Export Plan
The federal government has outlined an aggressive three-year roadmap to accelerate Pakistan’s economic recovery, targeting stronger growth, higher exports, and record remittances. Under the new…
Global Commodity Prices Forecast to Reach Six-Year Low in 2026
According to the latest World Bank outlook, global commodity prices are set to decline to their lowest point in six years by 2026, marking the…
Gold and Silver Prices in Pakistan Today, 2nd November, 2025
The price of gold and silver continued their downward trend in the Pakistani market on Sunday, November 2, 2025, with 24-karat gold per tola falling…
Finance Division Under Fire for Missing Details on Rs3.3bn IMF Funds
The Finance Division came under scrutiny for failing to provide details of Rs3.3 billionn IMF budgetary funds, a lapse that immediately alarmed the Senate Standing…
Power Division Slashes Smart Meters Prices to Speed Up National Deployment
The Ministry of Energy (Power Division) is moving ahead with a major effort to improve customer service and operational efficiency by reducing the cost of…
Govt’s New Solar Net Metering Policy Could Eat Into Your Electricity Savings
The government is considering a major revision to the solar net metering policy that could directly impact rooftop solar users’ savings. The proposed change would…
Fitch-Rated Sukuk Market Jumps to $231 Billion in 3Q2025
Fitch-rated sukuk continued their upward trend in 2025, reaching $231 billion by the end of the third quarter, with the rating agency calling July to…