News & Updates

News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Gold Rate Falls Slightly But Still Close to All-Time High

The price of 24 karat gold decreased by Rs. 700 per tola and was traded at Rs. 362,300 on Monday compared to its sale at...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Chinese Firm Interested in Setting up Dubai’s Dragon Mart-Style Mall in Pakistan

A high-level Chinese business delegation, led by Yao Yu, CEO of DongKai International Investment and representing a cons...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Here are New Prices for DFSK Cars After Increase in Budget Taxes

The 2025-2026 federal budget proposal in Pakistan introduces a 2% tax increase on vehicles with engine capacities betwee...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Budget 2025-26: Chery’s Tiggo 4 Pro and 8 Pro to Get More Expensive July Onwards

The 2025-2026 federal budget proposal in Pakistan introduces a 2 percent tax increase on vehicles with engine capacities...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Govt Likely to Offer Rs. 50,000 Subsidy on Electric Motorcycles

A high-level meeting was chaired by Special Assistant to the Prime Minister for Industries and Production Haroon Akhtar...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

NADRA, Other Govt Entities Caught Sitting on Billions in Secret Bank Accounts

The Senate Standing Committee on Finance was stunned to learn on Monday that the National Database and Registration Auth...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Faysal Bank Wins “Best Digital Marketing Campaign of the Year” at Pakistan Digital Awards 2025

Faysal Bank Limited (FBL), one of the leading Islamic banks in the country, won the “Best Digital Marketing Campaign of...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Lahore High Court Orders Punjab Cement Industry to Pay 6% Royalty on Their Sales

The Lahore High Court’s larger bench has ruled against Punjab-based cement manufacturers, directing them to pay a 6 perc...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

SBP Keeps Key Interest Rate Unchanged to End FY25

The State Bank of Pakistan (SBP) announced on Monday that it has kept the interest rate unchanged at 11 percent. The ann...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

PSX Stable Despite Middle East Tensions

The 100-Index of the Pakistan Stock Exchange (PSX) gained 82 points on Monday, a positive change of 0.07 percent, closin...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Cabinet Approves New Honorarium Policy for Civil Servants

The federal cabinet Monday approved a new honorarium policy for civil servants, granting discretionary powers to the fin...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

National Savings Announces Rs. 200 Prize Bond Results for June 2025

The National Savings Centre in Karachi has announced the top winners of the Rs. 200 prize bond draw for June 2025. The f...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Here are New Prices for MG Cars After Increase in Taxes

MG (Morris Garages) continues to expand its presence in Pakistan’s automotive market, offering a diverse lineup of SUVs,...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Senate Panel Rejects FBR’s Secret Plan to Arrest Businessmen Without Trial

The Senate Standing Committee on Finance and Revenue has rejected a controversial proposal by the Federal Board of Reven...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Govt Announces Massive Increase in Petrol, Diesel Prices

The federal government has announced a huge increase in the prices of petroleum products for the last fortnight of fisca...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

PM Shehbaz Unveils Maritime Vision, Calls Blue Economy Game-Changer

Prime Minister Muhammad Shehbaz Sharif on Monday declared the blue economy as Pakistan’s “new economic frontier,” callin...

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News Update

16

Jun 2025

Jun 16, 2025 • 5 min read

Govt Forms High-Level Committee to Shield Oil Market from Iran-Israel War

In response to the evolving geopolitical situation following Israel’s recent attack on Iran and the resulting volatility...

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News Update

15

Jun 2025

Jun 15, 2025 • 5 min read

Govt Seizes First-Ever Benami Plots in Islamabad After Shocking FBR Discovery

The Commissionerate of Anti-Benami Initiative (ABI), Islamabad, has confiscated its first-ever immovable properties, Plo...

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News Update

15

Jun 2025

Jun 15, 2025 • 5 min read

Here’s How Much Revenue Govt Expects to Generate From Tax on Solar Panels

The government is aiming to collect Rs. 20 billion in taxes during the 2025-26 fiscal year by applying an 18% General Sa...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Rupee Nears Rs. 286 Against US Dollar in Open Market

The Rupee on Friday depreciated by 29 paisa against the US Dollar in the interbank trading and closed at Rs. 282.96 agai...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh to Add 1,000 Electric Buses to Public Transport Network

As part of its 2025–26 budget, the Sindh government has unveiled a phased initiative to roll out 1,000 electric buses ac...

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