News & Updates

News Update

02

May 2025

May 02, 2025 • 5 min read

Pakistan’s Foreign Reserves Remain at 7-Month Low

The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose marginally on a weekly basis, according to d...

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News Update

01

May 2025

May 01, 2025 • 5 min read

FBR Willing to Give Tax Relief to Salaried Class in FY26 Budget If IMF Approves

The Federal Board of Revenue (FBR) has proposed income tax relief for the salaried class in the upcoming federal budget,...

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News Update

01

May 2025

May 01, 2025 • 5 min read

Govt Raises Rs. 562 Billion Through Auction of Treasury Bills

The cut-off yields on Treasury Bills (T-Bills) went down by up to 17 basis points (bps) in the auction of the paper held...

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News Update

01

May 2025

May 01, 2025 • 5 min read

Gilgit-Baltistan’s Tourism Industry Suffers as India-Pakistan Tensions Rise

Tourism in Gilgit-Baltistan is suffering as tensions rise between India and Pakistan. Many foreign tourists have cancell...

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News Update

01

May 2025

May 01, 2025 • 5 min read

Renewables First Partners with New Energy Nexus to Support Climate Tech in Pakistan

In the face of escalating climate threats, Renewables First and New Energy Nexus have jointly launched Climate Innovatio...

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News Update

01

May 2025

May 01, 2025 • 5 min read

You Can Now Buy Electricity Directly From Supplier – Will it be Cheaper?

Pakistan has formally launched an independent electricity market following the National Electric Power Regulatory Author...

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News Update

01

May 2025

May 01, 2025 • 5 min read

India Can’t Win a War With Nuclear-Armed Pakistan—But Can Anyone?

After watching South Asia’s strategic patterns for decades, it’s clear that India is walking a dangerous line. Despite i...

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News Update

01

May 2025

May 01, 2025 • 5 min read

FBR Misses Tax Collection Target for 10 Months by a Huge Margin

The Federal Board of Revenue (FBR) has suffered a massive shortfall of Rs. 821 billion during the July-April period of 2...

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News Update

01

May 2025

May 01, 2025 • 5 min read

Pakistan Allows 150 Afghan Trucks to Enter India Via Wagah Border

Pakistan allowed 150 Afghan trucks to enter India via the Wagah Border on Thursday. The decision was confirmed by the Mi...

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News Update

01

May 2025

May 01, 2025 • 5 min read

“Invest Wisely with KTrade” — Wasim Akram’s Advice Strikes a Chord with Emerging Investor

Wasim Akram’s latest message is making waves across digital platforms — and this time, it’s not about cricket. The forme...

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News Update

01

May 2025

May 01, 2025 • 5 min read

These Were the Top Most Profitable Banks in Pakistan in Q1 2025

Pakistan’s listed banks’ profitability clocked in at Rs. 173 billion, up by 149 percent year-on-year (YoY) and 12 percen...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Senate Panel Criticizes Solar Project Ads Making Sindh Look Like Switzerland

The Senate Standing Committee on Economic Affairs Division has criticized the Sindh Solar Energy Project for financial i...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

SBP to Announce FY25’s 2nd Last Monetary Policy Next Week

The State Bank of Pakistan (SBP) will announce on Monday its monetary policy decision, the central bank announced in a c...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Pakistan, Czech Republic Explore Cooperation in Public Procurement

A bilateral meeting between officials of the Public Procurement Regulatory Authority (PPRA) Pakistan, and a delegation o...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Pakistan Secures $700 Million in New IT Investment Pledges, Says PM

Pakistan has secured approximately $700 million in new foreign investment commitments for its information technology sec...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Rupee Recovers 2nd Day in a Row to Jump Back Above 281 Against US Dollar

The Pakistani rupee (PKR) closed in green second day in a row against the US Dollar (USD) today after opening trade at 2...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

CCP Fines Poultry Hatcheries Rs. 155 Million for Illegally Fixing Prices

The Competition Commission of Pakistan (CCP) has imposed a collective fine of Rs. 155 million on eight major poultry hat...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Gold Rate in Pakistan Falls by Almost Rs. 3,500 Per Tola

The price of 24 karat gold witnessed a decrease of Rs. 3,400 per tola and was sold at Rs. 345,800 on Wednesday against i...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

PSX Down Over 2,500 Points As News of Imminent Indian Attack Stirs Panic

Equities dropped in red on early Wednesday morning as Pakistan Stock Exchange (PSX) lost over 2,500 points as investors...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Irony: Govt Departments Found Violating Pakistan’s Minimum Wage Law

The National Assembly Standing Committee on Finance, chaired by Naveed Qamar, convened a meeting where the absence of th...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Askari Zabardast Current Account: Sab Kuch Tou Hai Is Mein!

In a rapidly evolving financial landscape, modern banking demands more than just basic functionality — it calls for smar...

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