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Tag: Financial Recovery

Pakistan Stock Market
Latest
  • WEB DESK
  • February 13, 2024
Stock market rebounds: KSE-100 closes 2.7% stronger after recent setback

Pakistan Stock Exchange (PSX) staged a robust recovery, concluding the session on a positive note following a two-day downturn.

NAB housing scam in Lahore
Latest
  • WEB DESK
  • February 4, 2024
Lahore housing scam victims to receive compensation as NAB recovers Rs2.26 billion

National Accountability Bureau (NAB) Lahore’s DG has announced the successful recovery of Rs2.26 billion in connection with a housing scam.

Energy sector debt
  • WEB DESK
  • January 25, 2024
PM Kakar calls for strong strategy to tackle energy sector’s debt

PM Kakar underscored the imperative need for an effective, long-lasting, and viable strategy to eliminate revolving debt within energy sector.

power theft drive in Pakistan
Latest
  • WEB DESK
  • November 21, 2023
Rs55 billion recovered, thousands arrested in anti-electricity theft drive

The Power Division, on Tuesday, disclosed the outcome of an ongoing crackdown against electricity theft nationwide.

8 state owned companies Rs2201 billion
Latest
  • WEB DESK
  • September 9, 2023
PIA’s path to recovery: Govt injects ‘critical funds’ to settle debts

Pakistan International Airlines (PIA), grappling with its financial burdens, announced on Saturday that it has found relief as the government injected critical funds into the national carrier. In a statement shared on the social media platform X (formerly known as Twitter), PIA disclosed that the government of Pakistan has stepped in to provide vital financial support, leading to an alleviation of the airline’s fiscal challenges. Additionally, PIA affirmed that its restructuring efforts are progressing as planned.

Latest

Jay Clayton to take charge as US intelligence chief on Monday
  • Reuters
  • August 1, 2026
Jay Clayton to take charge as US intelligence chief on Monday
FIFA chief under pressure as football bodies lose confidence after scrapped $4.2bn deal
  • Reuters
  • August 1, 2026
FIFA chief under pressure as football bodies lose confidence after scrapped $4.2bn deal
PIA flight delayed in Dubai after passenger damages aircraft window
  • WEB DESK
  • August 1, 2026
PIA flight delayed in Dubai after passenger damages aircraft window
SSP Ali Raza replaces Jawad Tariq as DIG Operations Islamabad
  • WEB DESK
  • August 1, 2026
SSP Ali Raza replaces Jawad Tariq as DIG Operations Islamabad
Noted climber Nirmal Purja among 10 dead in avalanche in Pakistan
  • Reuters
  • August 1, 2026
Noted climber Nirmal Purja among 10 dead in Broad Peak avalanche
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