Pakistan’s Inflation Likely to Hit 9-Year Low
22 June 2025 - 12:00 am
Pakistan’s average inflation is expected to fall sharply to 4.51 percent in fiscal year 2024-25, down from 23.41 percent in FY24. This would mark the...
Read More
News & Updates
Govt Orders Oil Firms to Maintain 20-Day Fuel Reserve As US Enters War Against Iran
22 June 2025 - 12:00 am
In light of escalating regional tensions, the Oil & Gas Regulatory Authority (OGRA) has issued an emergency directive to all Oil Marketing Companies (...
Read More
E-Commerce Industry Urges Govt to Rework Harsh Tax Measures in Budget
22 June 2025 - 12:00 am
The Chainstore Association of Pakistan (CAP) and the Pakistan E-Commerce Association (PEA), together with a broad coalition of e-commerce stakeholders...
Read More
Iran Set to Shut Down Strait of Hormuz, Red Sea
22 June 2025 - 12:00 am
Iran is set to completely close off the strategically critical maritime chokepoint famously known as the Strait of Hormuz after the United States ille...
Read More
Iran, Europe Could Ban Pakistani Mango Exports Over Alleged Certification Fraud
22 June 2025 - 12:00 am
Pakistan’s mango exports are facing renewed scrutiny following serious allegations of non-compliance with international phytosanitary protocols, raisi...
Read More
Only 3% of 5 Million Retailers Accept Digital Payments Via POS Machines: SBP
22 June 2025 - 12:00 am
Despite major developments in Pakistan’s digital payments infrastructure, only 151,000 retailers out of over 5 million Micro, Small, and Medium Enterp...
Read More
Here is How Much Pakistanis Are Spending on Online Apps
21 June 2025 - 12:00 am
Newly released figures by the Federal Board of Revenue (FBR) at the National Assembly Standing Committee show that Pakistanis spent over Rs. 317 billi...
Read More
Adamjee Insurance to Offload 6.5% Stake in Subsidiary
21 June 2025 - 12:00 am
Adamjee Insurance Company Limited (PSX: AICL) has announced plans to offload 16.25 million shares, equivalent to 6.5 percent of its stake, in its subs...
Read More
Govt to Re-Import 750,000 Tons of Sugar After Exporting Same Volume
20 June 2025 - 12:00 am
The federal government has decided to import 750,000 metric tons of sugar after exporting 765,734 tons earlier in FY2024-25. Deputy Prime Minister Ish...
Read More
PM Orders Crackdown Against Hoarders, Speculators Who Manipulate Sugar Rates
20 June 2025 - 12:00 am
The government has decided to launch a major crackdown against sugar hoarders and speculators involved in artificially inflating prices, according to...
Read More
Lucky Cement Confirms ‘Unidentified Object’ Hit its Plant in Iraq
20 June 2025 - 12:00 am
Lucky Cement Limited (PSX: LUCK) Friday confirmed that its cement plant in Iraq was hit by an unidentified flying object. In a notice issued to the Pa...
Read More
Rupee Hits 391 Against British Pound in Open Market
20 June 2025 - 12:00 am
The Pakistani rupee (PKR) closed in red 8th day in a row against the US Dollar (USD) and declined further against the British Pound (GBP) on Friday. O...
Read More
Gas Bills Set to Rise As Govt Hires Audit Firm to Help Determine New Rates
20 June 2025 - 12:00 am
The Petroleum Division is working with audit firm KPMG to decide which domestic consumers should face a hike in gas sale prices from July 1, 2025. KPM...
Read More
PM Orders Expansion of PNSC Fleet to Save $4 Billion in Maritime Trade Costs
20 June 2025 - 12:00 am
Prime Minister Shehbaz Sharif on Friday directed the relevant authorities to prepare a business plan for Pakistan National Shipping Corporation (PNSC)...
Read More
Lt. General Sajjad Ghani (Retd) Resigns as WAPDA Chairman
20 June 2025 - 12:00 am
Water and Power Development Authority (WAPDA) Chairman Lt. General Sajjad Ghani (retd) tendered resignation from his position on Friday, citing person...
Read More
FBR Pushes to Cancel Banks’ Special Tax Privileges in Budget
20 June 2025 - 12:00 am
The Federal Board of Revenue (FBR) has recommended abolishing the Seventh Schedule of the Income Tax Ordinance 2001 to shift banks to the normal corpo...
Read More
IMF Allows Import of 5 Year Old Used Vehicles
20 June 2025 - 12:00 am
The International Monetary Fund (IMF) has approved the federal government’s proposal to allow the commercial import of five-year-old vehicles starting...
Read More
Gold Rate in Pakistan Falls for 5th Time in 5 Days
20 June 2025 - 12:00 am
The price of 24 karat gold decreased by Rs. 1,595 per tola and was traded at Rs. 357,000 on Friday as compared to its sale at Rs. 358,595 on the last...
Read More
New Balochistan Assembly Building to be Constructed at Cost of Rs. 9.5 Billion
20 June 2025 - 12:00 am
The Central Development Working Party (CDWP), in a meeting chaired by the Planning Minister Ahsan Iqbal, approved 5 different development projects. Ou...
Read More
Govt Eyes Rs. 30 Billion Extra Taxes Before Approving New Budget
20 June 2025 - 12:00 am
The federal government is considering either imposing additional taxes of Rs. 30 billion or making equivalent spending cuts to ensure the budget for F...
Read More