News & Updates

News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Pakistani Company Becomes World’s First Mining Firm to Earn AWS Gold Certification

The Sindh Engro Coal Mining Company (SECMC) has become the first mining company globally to receive the Alliance for Wat...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Traders Illegally Increasing Solar Panel Prices Will Be Punished: Finance Minister

The federal government has warned traders against unjustified increases in solar panel prices. Addressing the National A...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

PSX Rises By Over 6,500 Points As Tensions Briefly Ease in Middle East

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) posted its second-highest single-day gain on a closing...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

SBP to Conduct Auction of Govt Securities Via PRISM Plus Next Month

The State Bank of Pakistan (SBP) has notified that it will carry out auctions of Government securities, buyback auctions...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

National Credit Guarantee Company Ltd Receives AAA Rating from PACRA

The National Credit Guarantee Company Limited (NCGCL) has been assigned an AAA long-term rating by the Pakistan Credit R...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Faysal Bank Honoured for Championing Disability-Inclusive Banking in Pakistan

Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been recognised for its commitment to inclusion...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

NBP Launches Easy Financing of Up to Rs200 Million for SMEs

National Bank of Pakistan (NBP) is continuing its efforts to help Small and Medium Enterprises (SMEs) grow across the co...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Consumer Confidence Grows Sharply Despite Job Concerns

The overall Consumer Confidence Index (CCI) recorded a notable increase of 9.2 percent over the previous quarter and exh...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

PSX Gains Over 4,600 Points After Iran-Israel Ceasefire

The KSE-100 index of the Pakistan Stock Exchange (PSX) gained over 4,600 points on Tuesday, a positive change of roughly...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Govt Abolishes Tax on Long-Held Property Sales

The amended Finance Bill 2025–26 abolishes withholding tax on the sale of immovable property used as a personal residenc...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Pakistan’s Rice Exports Remain Stable Despite India’s ‘Cheap’ Alternative

Pakistan’s rice exports remained stable despite India’s heavily subsidized return to global markets in October 2024, fol...

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News Update

24

Jun 2025

Jun 24, 2025 • 5 min read

Govt Eases Buying Property and Cars for Non-Filers

Finance Minister Muhammad Aurangzeb on Monday announced Rs. 36 billion in new taxes. Originally, the government proposed...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

Gold Price in Pakistan Continues to Decline 7th Day in a Row

The price of 24 karat per tola gold decreased by Rs. 300 and was traded at Rs. 358,165 on Monday as compared to its sale...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

PSQCA Finally Appoints Director General After 3-Year Wait

The Pakistan Standards and Quality Control Authority (PSQCA) has appointed a Director General after a prolonged vacancy...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

Petrol is Getting a Huge Price Increase Soon

High Speed Diesel (HSD) and Motor Spirit (MS) Petrol may rise by Rs. 27/liter and Rs. 21/liter amid regional tensions, a...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

Chicken Prices to Increase After New Tax

The federal government has approved Rs36 billion worth of new tax measures One of the most debated decisions is the impo...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

Govt to Phase Out Electricity Meter Readers And Let Consumers Count Their Units

Prime Minister Shehbaz Sharif has approved a plan to phase out meter readers in all power distribution companies (Discos...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

Govt Eases Transaction Ban for Undeclared Asset Holders Ahead of Budget

The federal government has eased restrictions on high-value purchases by individuals with undeclared assets. The Nationa...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

K-Electric Likely to Reduce Electricity Price By Rs. 4.69 Per Unit

K-Electric has requested the National Electric Power Regulatory Authority (NEPRA) to approve a Rs. 4.69 per unit cut in...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

Rupee Miserably Loses More Value Against US Dollar 9th Day in a Row

The Pakistani rupee (PKR) closed in red 9th day in a row against the US Dollar (USD) but recovered further against the B...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

PM Forms 3 Committees to Promote Cashless Economy

The Prime Minister Muhammad Shehbaz Sharif has directed the formation of three specialized committees to advance Pakista...

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