Finance
ADB Approves $330 Million Loan to Strengthen Pakistan’s Power Grid
The Asian Development Bank has approved $330 million in financing for Pakistan’s Second Power Transmission Strengthening Project, a key government initiative aimed at expanding the national grid and enabling low-cost renewable and hydropower delivery to major load centers. The project…
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Pak Suzuki Rating Upgraded with Stable Outlook
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The Pakistan Credit Rating Agency (PACRA) has upgraded the Pak Suzuki rating, elevating its long-term rating from AA- to AA and its short-term rating from…
ADB Flags Pakistan Pension Scheme as Major Threat to Public Finances
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The Asian Development Bank (ADB) has warned that Pakistan’s pension scheme for government employees is creating serious financial pressure. Without a proper funding system, the…
Pakistan Investment Bonds Auction Surpasses Rs300bn Target
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The latest Pakistan Investment Bonds Auction raised Rs639 billion on Friday, significantly exceeding the Rs300 billion target, as banks aggressively invested in long-term government papers…
Senate Exposes Alleged NHA Road Project Corruption
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A Senate panel has exposed alarming procurement irregularities, collusive bidding, and conflicts of interest in the ongoing multi-billion rupee NHA road project corruption scandal involving…
OGDC Crosses Rs1 Trillion Market Cap After Historic Pak-US Oil Deal
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The Oil & Gas Development Company (PSX: OGDC) has officially surpassed a Rs1 trillion market capitalization following a breakthrough oil exploration agreement between Pakistan and…
Meta Q2 2025 Earnings Beat Expectations with AI-Driven Ad Growth
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Meta Q2 2025 earnings surpassed Wall Street expectations on Wednesday, driven by artificial intelligence improving the company’s advertising system. The US-based tech conglomerate posted a…
Microsoft Market Cap Hits $4 Trillion After Strong Q4 Earnings
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Microsoft market cap hit $4 trillion in after-hours trading on Wednesday following better-than-expected earnings in the April to June quarter, driven by rapid expansion in…
SBP Selects Design for New Currency Notes
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The State Bank of Pakistan (SBP) has finalized the design for Pakistan’s new currency notes, as announced by SBP Governor Jameel Ahmad during a press…
SBP Keeps Monetary Policy Rate Steady at 11%
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The State Bank of Pakistan (SBP) has opted to maintain the monetary policy rate at 11 percent, citing a mix of easing inflation, emerging risks…
Rs53 Billion Refund for Electricity Consumers on the Cards
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The government is preparing to issue electricity refunds for consumers amounting to Rs53.4 billion across the country, including for K-Electric customers. The adjustment is part…
Pakistan-Kyrgyzstan Trade Aims for $100 Million Revival
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Pakistan and Kyrgyzstan on Monday reaffirmed their commitment to boosting bilateral trade to $100 million during the fifth session of their Inter-Governmental Commission on Trade-Economic…
FBR Customs Values on Duplex and Packaging Board Revised
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The Directorate General of Customs Valuation Karachi has revised the FBR customs values on duplex and packaging board imports. The changes apply to One Side…
