The Pakistani rupee is under increasing pressure as demand for dollars rises, while exchange companies are struggling with a severe shortage of cash dollars. Currency experts have warned that administrative measures aimed at supporting the rupee may backfire, especially in the face of unforeseen events such as the recent flood devastation across the country. Despite the growing demand for do
The Asian Development Bank (ADB) is poised to finance a climate-resilient and low-carbon agriculture mechanisation project in Punjab, designed to enhance access to modern farming equipment for small farmers while reducing the sector’s environmental footprint. The proposed Punjab Climate Resilient and Low Carbon Agriculture Mechanisation Project will involve the import of advanced agricultura
President Asif Ali Zardari gave his assent on Saturday to the Pakistan Land Port Authority Bill, 2025, turning it into law and paving the way for the establishment of a new statutory body tasked with managing border crossings and facilitating cross-border movement. The newly created Pakistan Land Port Authority will act as a central platform for coordinating between multiple border management a
The Pakistan Stock Exchange (PSX) extended its losing streak for a fourth consecutive session on Thursday, as investor sentiment remained subdued amid concerns over flooding in key agricultural regions and macroeconomic uncertainty. The KSE-100 index settled at 147,343.51, down 150.52 points or 0.10 per cent, after recording an intraday high of 148,042 and a low of 147,210, reflecting a volati
The Centre on Thursday postponed the inaugural session of the newly constituted National Finance Commission (NFC) on the request of the Sindh government “due to the impending flood situation”. A notification issued to all official and private members, as well as provincial and federal finance secretaries, said the date and time of the rescheduled meeting would be communicated later. The 11th