BUSINESS
SECP shuts down over 100 online loan apps
The Securities and Exchange Commission of Pakistan (SECP) has shut down 120 personal loan apps that were defrauding the public....
Decision reserved on hiking power tariff for KE consumers
The National Electric Power Regulatory Authority (NEPRA) has reserved its decision on the federal government’s request regarding the Rs1.52 per...
Russian oil ‘commercially feasible’, PRL
Pakistan Refinery Limited (PRL) on Sunday contradicted the report that Russian crude oil import was suspended because of processing issues...
Russia introduces Islamic banking
The Russian parliament has approved a bill to introduce Islamic banking in four mostly Muslim-populated regions of the country. The...
IMF to conduct initial economic review of $3b SBA for Pakistan in Nov
A delegation from the International Monetary Fund (IMF) is scheduled to visit Pakistan in November. This visit marks the inaugural...
Utility stores passes subsidy removal burden to poor
The Utility Stores Corporation (USC) has increased the prices of sugar, ghee, and flour for consumers including beneficiaries of the...
Agriculture financing hits record Rs1.78 trillion in FY23, SBP
The financial institutions disbursed Rs1,776 billion under agriculture financing during fiscal year 2023 and achieved 97.6% of the agriculture credit...
Govt assures IMF Rs721bn to be collected from power consumers this year
The government plans to collect an additional Rs721 billion from electricity consumers during the current financial year. The International Monetary...
Pakistan earns $935.172 million from travel services revenue in 11 months
During the first eleven months of the fiscal year 2022-23, the country’s revenue from various travel services provided abroad amounted...
Gold rates continues two-day gaining streak
Gold rates in Pakistan continued their two-day gaining streak on Saturday after the international market also managed to appreciate on...
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