News & Updates

News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

Punjab’s Cement Manufacturers Get Temporary Reprieve from Supreme Court

The Supreme Court of Pakistan has granted a two-week stay to cement manufacturers, temporarily suspending the implementa...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

PSX Builds on Yesterday’s Second-Highest Single-Day Increase

The 100-Index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Wednesday, gaining 515.00 more poin...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

Govt Imposes New Condition for FBR in High-Level Tax Fraud Cases

Under the amended Finance Bill 2025–26, the Federal Board of Revenue (FBR) is now required to constitute a three-member...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

IMF May Object to Relaxed Enforcement Measures in Amended Finance Bill

The International Monetary Fund (IMF) is likely to object to the government’s revised Finance Bill 2025 which eases key...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

Has Pakistan Issued New Rs. 1,000 Currency Note?

Videos and pictures are currently going viral on various social media platforms in which a new Rs. 1,000 currency note i...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

Power Generation Up 1% Despite Huge Decline in Fuel Cost

Power generation in May 2025 was up by 1 percent YoY to 12,755 GWh. However, output remained below reference levels. Dur...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

Digital Transactions Covered Almost 90% of Retail Payments in Pakistan in Q3 FY25

Digital payment channels processed 89 percent of all retail transactions by volume, with mobile app-based banking playin...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

Govt to Gradually End Sales Tax Exemption for Ex-FATA-PATA

The federal government has decided to gradually abolish the sales tax exemption in the former FATA and PATA regions, rej...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

More Misery for Rupee As It Remains Below 390 Against British Pound in Open Market

The Pakistani rupee (PKR) rose second day in a row against the US Dollar (USD) but reported losses against the British P...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

SNGPL Organizes All Pakistan Badminton Tournament Featuring Top Teams

Sui Northern Gas Pipelines Limited (SNGPL) has organized its first All Pakistan Badminton Tournament. The tournament fea...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

Govt Set to Ease Penalties for Major Sales Tax Evaders in Amended Finance Bill

The government will announce major changes in the Finance Bill (2025-26) on June 26 to relax punishments for the biggest...

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News Update

25

Jun 2025

Jun 25, 2025 • 5 min read

ELFA e-Bikes Now Run on Atom Power

ELFA Electric has announced a strategic partnership with Atom Power (Pvt) Ltd, introducing locally manufactured, high-pe...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Treet Battery Converts Rs. 2 Billion Loan from Parent Company into Equity

Treet Battery Limited (PSX: TBL) has formally converted a Rs. 2.003 billion loan from its parent company, Treet Corporat...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Banking Sector Backs Federal Budget 2025–26 to Drive Inclusive Growth and Economic Stability

As a key partner in Pakistan’s economic development, the banking sector—under the aegis of the Pakistan Banks Associatio...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Petroleum Dealers Accuse Oil Companies of Artificial Fuel Shortage

The Pakistan Petroleum Dealers Association (PPDA) has accused oil marketing companies (OMCs) of deliberately restricting...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Rupee Crashes to 393 Against British Pound in Open Market

The Pakistani rupee (PKR) reversed its 9-day losing streak against the US Dollar (USD) but reported huge losses against...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Pakistan Wants $3.3 Billion Loan From China

Pakistan is trying to get a $3.3 billion loan from Chinese banks, including a $2 billion syndicated loan and a $1.3 bill...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

International Oil Prices Fall to Lowest Level in 2 Weeks After Iran-Israel Ceasefire

Global oil prices fell sharply on Tuesday after a ceasefire agreement between Iran and Israel was announced in the early...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Banks Hand Over Unclaimed Deposits to SBP – Here’s How You Can Claim Them

The State Bank of Pakistan (SBP) on Monday said all banks and DFIs have surrendered unclaimed deposits up to December 31...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Atlas Honda to Launch Electric Scooter in Pakistan

Atlas Honda Limited (PSX: ATLH) has announced plans to launch an electric scooter in Pakistan, following the government’...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

PTCL, Telco Integrators, and Kacific Join Forces to Deliver Nationwide Connectivity Through Satellite Services

Pakistan Telecommunication Company Limited (PTCL), Telco Integrators Pvt Ltd (TI), and Kacific Broadband Satellites Grou...

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