Saving or Losing? 10,000 PKR in 2020 Is Now Just 4,386 PKR
Pakistan’s savings culture faces significant challenges, mainly due to inflation, low interest rates, and limited financial literacy. Despite the growing popularity of digital currencies like…
Indus Motor Financial Results 2025 Show 76% Surge in Profitability
Indus Motor Company Limited (PSX: INDU) has posted an impressive rise of over 75% in profitability for the nine-month period ending March 31, 2025. According…
Pakistan Set to Achieve $4 Billion in IT Exports for FY25: P@SHA
KARACHI: Muhammad Umair Nizam, Senior Vice Chairman of the Pakistan Software Houses Association (P@SHA), has announced that information technology has become Pakistan’s fastest-growing export industry.…
IMF Concerned for Pakistan’s Trade Outlook Amid India Tensions
The International Monetary Fund (IMF) has voiced concern over Pakistan’s trade outlook, warning that ongoing global tariff wars and rising tensions with India could impact…
114 Million Unbanked and Just 18% Digitally Active: What’s Holding Pakistan Back?
Pakistan continues to face significant challenges in achieving financial inclusion and expanding digital payment adoption, as highlighted in a recent World Bank report. The report…
NBP’s Q1 Profit Soars to Rs. 21B, But Core Woes Continue
KARACHI: The National Bank of Pakistan (NBP) has posted a 125% year-on-year increase in its profit for CY25, reaching PKR 21.88 billion in Q1. While…
SBP Pak Reserves Fall by $367 Million Due to Debt Repayments
KARACHI: The SBP Pak reserves took another hit this week, declining by $367 million to settle at $10.205 billion, the central bank reported on Thursday.…
Pakistan Asks China To Roll Over Debt
Pakistan’s Finance Minister Muhammad Aurangzeb requested China to roll over guaranteed debt and increase the $4.3 billion currency swap agreement to boost Pakistan’s foreign exchange…
PSX Plummets 2500 Pts As Indo-Pak War Clouds Darken
The Pakistan Stock Exchange (PSX) faced a major decline today, with the index falling by more than 2,500 points. The stock exchange saw investors hesitant,…
Senate Finance Committee Reviews Solar Panel Policy, Gives a Deadline to SBP & FBR
Islamabad: The Senate Standing Committee on Finance and Revenue, presided over by Senator Saleem Mandviwalla, convened today at the Parliament House to deliberate on key…
Dollar Likely to Surge Against Pakistani Rupee Amid Economic Adjustments: Fitch
The US dollar is likely to surge against the Pakistani rupee, after Fitch Ratings predicted a controlled depreciation of the local currency by the State…
Staggering 42.4% of Pakistanis Now Live in Poverty, Says World Bank
ISLAMABAD: In 2025, Pakistan’s poverty rate is estimated to be 42.4 percent, with a population growth of nearly 2 percent annually. This translates to approximately 1.9…
