ADB Raises Pakistan’s Growth Forecast to 3%, Slashes Inflation Projection
On Wednesday, the Asian Development Bank (ADB) revised Pakistan’s economic growth forecast upward to 3% for the fiscal year 2024-25.
Read More
Author: Mahi Bukhari
Gold Prices Soar in Local and International Markets
Gold prices have seen a sharp increase today, marking a significant rise in the local markets. The price of one
Read More
Pakistan and Russia Explore Major Energy Deals
Pakistan and Russia have entered a significant phase of collaboration with the signing of a protocol to initiate large-scale energy
Read More
Banking Sector ADR Rises to 47.8%: Concerns and Implications
As of November 29, 2024, Pakistan’s banking sector witnessed a remarkable improvement in its Advance-to-Deposit Ratio (ADR), reaching 47.8%. This
Read More
K-Electric Solar Projects Receive Record Low Bids
Introduction In a significant move towards expanding its renewable energy portfolio, K-Electric (KE), a major power utility in Pakistan, has
Read MorePIA Sale: Key Steps and IMF’s Consent for Successful Privatization
Introduction The privatization of Pakistan International Airlines (PIA), the national carrier, has faced numerous challenges in recent years. However, significant
Read More
ADB Supports Pakistan’s Power Distribution Modernization
The Asian Development Bank (ADB) has approved a loan of $200 million to support Pakistan’s efforts to modernize its power
Read More
PSX Declines Due to Profit-Taking and Geopolitical Fears
Introduction The Pakistan Stock Exchange (PSX) experienced significant volatility on Tuesday, with the KSE-100 index recording a sharp decline of
Read More
Surge in Passenger Car Sales by 49.7%
The automotive industry in Pakistan has witnessed a remarkable growth in passenger car sales, with an increase of 49.7% in
Read More
K-Electric Seeks Approval from NEPRA for Rs 68 Billion Write-Offs
Introduction: K-Electric’s proposal for Rs 68 billion in write-off claims has sparked extensive debate during a recent hearing convened by
Read More