News & Updates

News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Here are New Prices for Suzuki Cars After Increase in Taxes

The 2025-26 federal budget has introduced significant changes to the pricing structure of Suzuki vehicles in Pakistan. W...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh Increases Health Budget by 8%

The Sindh government has increased its health budget by 8 percent for fthe iscal year 2025–26. A salary increase between...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

JS Bank & Zindigi Recognized for Excellence at Pakistan Digital Awards

JS Bank, one of the fastest-growing banks in Pakistan, along with its digital financial platform Zindigi, made a strong...

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News Update

12

Jun 2025

Jun 12, 2025 • 5 min read

Gold Rate Gains Nearly Rs. 5,000 Per Tola in Two Days Following Budget

The price of 24 karat gold increased by Rs. 4,000 per tola and was traded at Rs. 356,900 on Thursday compared to its sal...

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News Update

12

Jun 2025

Jun 12, 2025 • 5 min read

Brokerage Firms Expects No Change in Policy Rate in Upcoming MPC Meeting

The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on June 16, 2025, with brokerage house Top...

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News Update

12

Jun 2025

Jun 12, 2025 • 5 min read

Rupee Falls to Almost 285 Against the Dollar in Open Market

The Rupee depreciated by 21 paisa against the US Dollar in the interbank trading on Thursday and closed at Rs. 282.67 ag...

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News Update

12

Jun 2025

Jun 12, 2025 • 5 min read

Allied Bank Mobile Tap and Pay on UPI-PayPak Cards Launch Ceremony

Allied Bank Limited (ABL), UnionPay International (UPI), and Paysys Labs have joined hands to enhance digital payment se...

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News Update

12

Jun 2025

Jun 12, 2025 • 5 min read

PM Takes Notice of Over 500% Increase in Salaries of NA Speaker, Senate Chairman

Prime Minister Shehbaz Sharif has taken note of the recent salary and perk increases granted to the National Assembly Sp...

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News Update

12

Jun 2025

Jun 12, 2025 • 5 min read

Boeing Shares Crash 8% After Air India Tragedy

Shares of Boeing (BA.N) plummeted by 8% during premarket U.S. trading on Thursday following a tragic incident involving...

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News Update

12

Jun 2025

Jun 12, 2025 • 5 min read

Pakistan’s Overall Foreign Reserves Hit Highest Level Since April 2022

The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $167 million on a weekly basis, according...

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News Update

12

Jun 2025

Jun 12, 2025 • 5 min read

OGDCL Discovers Significant Gas Reserves in Sindh

Oil & Gas Development Company Limited (PSX: OGDC) Thursday announced a gas/condensate discovery from the exploratory wel...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

Crude Oil Shortage Forces Attock Refinery to Cut Output

Attock Refinery Limited (PSX: ATRL) has reduced its throughput due to a persistent decline in crude oil receipts, which...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

Bulls Run Rampant Following Budget as PSX Closes at All-Time High

The proposed budget for the next fiscal year has been received well by investors at the Pakistan Stock Exchange (PSX), p...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

SECP Registers Record-Breaking 3,609 New Companies in Just One Month

The Securities and Exchange Commission of Pakistan (SECP) has registered a historic high of 3,609 companies in May 2025,...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

Gold Rate in Pakistan Rises Slightly Following Budget

The price of 24 karat gold increased by Rs. 600 per tola and was traded at Rs. 352,900 on Wednesday compared to its sale...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

FBR to Hire Retired Army Soldiers for Tax Enforcement

The Federal Board of Revenue (FBR) can now hire retired junior commissioned officers and soldiers of the armed forces ag...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

Invisible No More: Mobilink Bank’s Inheritance Campaign Shortlisted at Cannes Lions 2025

Pakistan’s leading digital microfinance Bank, Mobilink Bank’s inheritance campaign, has been shortlisted for the prestig...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

Journalists Walk Out of Post-Budget Briefing Over No FBR Media Session [Updated]

Update: Journalists ended their boycott of the federal government’s post-budget press conference on Tuesday after Federa...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

Banks Warn of Major Issues in New E-Commerce Tax in Budget

The Pakistan Banks Association (PBA) has raised serious concerns about the workability of the government’s newly propose...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

Govt Ends Utility Stores Subsidy, Overall Subsidies Cut by Rs. 190 Billion

The federal government has completely withdrawn subsidies for Utility Stores and the Ramazan Relief Package in the budge...

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News Update

11

Jun 2025

Jun 11, 2025 • 5 min read

Civil Society Raises Alarm on Anti-Public Health Budget

In light of the federal budget announcement for 2025-26, which failed to increase taxes on harmful ultra-processed produ...

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