Pakistan’s left-arm pacer, Wahab Riaz, has been appointed as captain of Deccan Gladiators for the upcoming Abu Dhabi T10 League. Wahab, who has captained Pakistan Super League (PSL) franchise, Peshawar Zalmi for the past few years, has been appointed c…
PSL Franchises Unhappy With PCB Once Again
According to reports, Pakistan Super League (PSL) franchises are unhappy with the Pakistan Cricket Board (PCB) once again. With just under a month to go for the draft of the seventh edition of the PSL, the franchises have expressed their concerns to th…
Topline Securities’ Poll Predicts 75-100 BPS Increase in New Monetary Policy
A poll by Topline Securities suggests that an increase of 75 bps or higher will be noted in the November 2021 Monetary Policy Statement (MPS).A total of 73 key financial market participants responded to the poll. For the coming MPS, 25 percent of the p…
Rupee Posts One of Its Highest Single-Day Gains Against the US Dollar and Euro
The Pakistani Rupee (PKR) posted big gains against the US Dollar (USD) and appreciated Rs. 1.12 paisas against the greenback in the inter-bank market today- one of its highest single-day gains in 2021. It hit an intra-day high of Rs. 173.75 against the…
Govt to Introduce Whistleblower Law Against Hoarders
Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, has stated that the government will soon introduce and enforce a whistleblower law against those hoarding different commodities as it is committed to curbing hoarding.The Advisor pres…
LSE Becomes First Pakistani Institute to be Selected for WTO Chairs Program
The World Trade Organization (WTO) has selected the Lahore School of Economics (LSE) under its WTO Chairs program.Advisor to Prime Minister for Commerce and Investment, Abdul Razzak Dawood, announced this in a tweet on Monday. He also congratulated the…
ADB Delegation Meets FBR Team to Review FBR Reforms
Asian Development Bank (ADB) officials Wednesday visited the Federal Board of Revenue (FBR) HQs to review the progress made on “FBR Reform Engagement with ADB” and issues and challenges being faced for effective implementation.During the meeting, the p…
Pakistan Fulfils Another Condition Set by IMF
The Joint sitting of the Parliament on Wednesday passed the crucial SBP Banking Services Corporation (Amendment) Bill, 2021 paving way paving way for International Monetary Fund (IMF) loan.The bill aims to reduce the Finance Ministry’s oversight of the…