News & Updates

News Update

01

Aug 2025

Aug 01, 2025 • 5 min read

Pakistan to Import US Crude Oil for the First Time

Cnergyico (PSX: CNERGY) will import Pakistan’s first-ever crude oil cargo from the United States in October 2025 under a...

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News Update

01

Aug 2025

Aug 01, 2025 • 5 min read

FBR Successfully Meets Rs. 748 Billion Tax Target for July 2025

The Federal Board of Revenue (FBR) has achieved its monthly tax collection target of Rs 748 billion for July 2025, marki...

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News Update

01

Aug 2025

Aug 01, 2025 • 5 min read

Govt Puts Names of Sugar Hoarders on Exit Control List

Federal Minister for National Food Security Rana Tanveer Hussain on Thursday defended the government’s decision to impor...

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News Update

01

Aug 2025

Aug 01, 2025 • 5 min read

Pakistan and Australia Move Closer to Investment Deal

Pakistan and Australia have made significant progress on a proposed Bilateral Investment Treaty (BIT) aimed at promoting...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Govt Gives Relief in Petrol Price After Nearly Rs. 20 Per Liter Increase

The federal government has announced the new prices of petroleum products in the country for the next fortnight. Accordi...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Is Trump’s Claim About Pakistan Having ‘Massive’ Oil Reserves True?

There has been much debate about Pakistan’s oil reserves following yesterday’s announcement by U.S. President Donald Tru...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Pakistan’s Overall Foreign Reserves Fall by $311 Million in One Week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $153 million on a weekly basis according...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Date Announced for Start of M-6 Sukkur-Hyderabad Project

The Standing Committee on Communications, in its 12th meeting held on Thursday, reviewed a range of crucial infrastructu...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Islamabad Set to Become Pakistan’s First Fully Cashless City

Capital Development Authority (CDA) is gearing up to make Islamabad a fully cashless city — starting with how you pay fo...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Govt Takes Control of Sugar Mills Stock as Crisis Worsens

The federal government has taken strict action against sugar mills, seizing all sugar stocks under its control, in respo...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Utility Stores in Pakistan Have Permanently Shut Down Today

All Utility Stores in Pakistan have now been officially closed across the country. “All the sales and purchases at utili...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Rupee Rises Against Dollar for Record Seventh Day Following Black Market Crackdown

The Pakistani Rupee (PKR) appreciated by 08 paisa against the US Dollar (USD) in the interbank trading on Thursday and c...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Pakistan Launches Mobile Wallets for BISP Beneficiaries

In a major stride toward a cashless economy and strengthened social protection, the Benazir Income Support Programme (BI...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Gold Rate in Pakistan is Down by Nearly Rs. 12,000 Per Tola in One Week

The price of 24 karat gold witnessed a decrease of Rs. 2,000 per tola on Thursday and was sold at Rs. 353,000 against it...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

The Significance of a Battery Energy Storage System for Industries

Pakistan’s commercial and industrial sector (C&I) finds itself at a pivotal moment. The sector is signalling a shift tow...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Customs Announces New Valuation List for 14 Types of Solar Inverters Imported from China

The Directorate General of Customs Valuation, Karachi, has established new customs values for the import of 14 different...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

Pakistan’s AI Policy Targets $2.7 Billion Market and 12% GDP Surge

The key points of Pakistan’s National Artificial Intelligence (AI) Policy 2025 have been revealed following its approval...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

PSX Gains Nearly 1,000 Points as Pakistan Clinches Trade Deal with U.S.

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index continued with bullish trend on Thursday, gaining 978 more p...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

K-Electric CEO Found Guilty of Harassing Employee, Ordered to Vacate Post And Pay Rs. 2.5 Million Fine

The Provincial Mohtasib (Ombudsman) Sindh has ordered the immediate removal of K-Electric Chief Executive Officer Moonis...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

HBL’s H1’25 Profit Before Tax Rises to Rs 75.3 Billion, up 30% YoY, with an Enhanced Focus on Client Centricity

HBL today declared a record consolidated profit before tax of Rs 75.3 billion for the half year ended June 30, 2025, 30%...

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News Update

31

Jul 2025

Jul 31, 2025 • 5 min read

PTA Refuses Installment Plan to Collect Pending Dues From LDI Companies

A meeting of the Sub-Committee of the National Assembly Standing Committee on Information Technology was held under the...

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