Economy

Rupee Creates History Dropping to A New Low Against the US Dollar Again

The Pakistani Rupee (PKR) slid to a new record low against the US Dollar today. The rupee depreciated by 49 paisas against the dollar and closed at 173.96.The local currency hit its prior record low against the US Dollar (USD) yesterday when it closed …

Economy

FATF Announces Its Decision on Pakistan’s Grey List Status

In its recently held hybrid Plenary meeting, the Financial Action Task Force (FATF) has decided to keep Pakistan on the grey list. Pakistan will remain on the grey list till it addresses both items on the original action plan.The Financial Action Task …

Economy

Askari Bank’s Profits Dip by 16% in First 9 Months of 2021

Askari Bank Limited has given shocking financial results as its profit dipped by 16% during the nine months of the calendar year 2021.According to the financial results, the profit of Askari Bank declined to Rs. 6.7 billion during January to September …

Judicial

SC grants bail to PPP leader Syed Khurshid Ahmad Shah

The Supreme Court on Thursday granted bail to PPP leader Syed Khurshid Ahmad Shah in a case assets beyond means.A two-member bench, comprising Justice Umar Ata Bandial and Justice Syed Mansoor Ali Shah, heard Khurshid Shah’s bail application.The Suprem…

Politics

No-confidence motion against Balochistan CM conspiracy of PDM: Shahwani

Spokesman of Balochistan Government, Liaquat Shahwani has said that the no-confidence motion against the Chief Minister is the conspiracy of PDM.Addressing a news conference in Quetta on Thursday, he said that the decision on the no-confidence motion w…