News & Updates

News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Finance Minister Terms US Tariffs “Manageable Situation” for Pakistan

Federal Minister for Finance and Revenue Muhammad Aurangzeb Wednesday expressed confidence that the situation evolving a...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Sindh Approves Fertilizer and Seed Subsidies for Small Farmers

The Sindh government has approved subsidies on fertilizer and seeds for wheat and rice crops, besides a mechanization pl...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

PM Shehbaz Assures Full Backing to IT Industry

Pakistan Software Houses Association (P@SHA) Chairman Sajjad Mustafa Syed led a high-powered delegation from Pakistan’s...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Govt Announces Small Cut in Petrol Price

The federal government has announced a slight cut in the prices of petroleum products. Under the revision, the prices of...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

First Pakistani Female-Founded Health Tech Startup Secures $6 Million in Series A Funding

MedIQ, a pioneering healthcare technology startup, has raised $6 million in a Series A funding round led by Rasmal Ventu...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Introducing Pakistan’s First In-App Bank Calling Feature

Askari Bank has launched a secure in-app calling feature through the Askari Mobile App — ensuring every call you receive...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

OGDC Posts Rs. 129.6 Billion Profit for 9MFY25

Oil & Gas Development Company Limited (OGDCL) announced a profit after tax of Rs. 129.6 billion for the nine-month perio...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

OGRA Slashes LPG Prices for May Amid Global Market Dip

The Oil and Gas Regulatory Authority (OGRA) has reduced the price of Liquefied Petroleum Gas (LPG) for May 2025, followi...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

PSX Plunges 3,500 Points Over Fears of “Indian Strike”

Panic gripped the Pakistan Stock Exchange (PSX) on Wednesday as the benchmark KSE-100 Index lost over 3,500 points over...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

Wafi Energy Pakistan Posts Profit of Rs. 873 Million in Q1

The Board of Directors of Wafi Energy Pakistan Limited (WEPL) announced the first quarter results for the company. For t...

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News Update

30

Apr 2025

Apr 30, 2025 • 5 min read

TRON Founder Justin Sun Accepts Invitation to Visit Pakistan

In a significant step toward strengthening global Web3 ties, Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC),...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

World Bank Approves $108 Million for Road and Tourism Projects in KP

The World Bank has approved $108 million in additional financing for two development projects in Khyber Pakhtunkhwa—$78...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

$6.4 Billion Financial Closure for Reko Diq Project Set for Next Month

The $6.4 billion financial closure of the Reko Diq copper and gold mining project is expected to take place next month,...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

K-Electric’s “Farq Parta Hai” Campaign Wins Grand Prix at Effie Pakistan 2025

K-Electric (KE) has been awarded top honors at the Effie Awards Pakistan 2025, securing the prestigious Grand Prix for C...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

Banks to Remain Closed on Thursday

The State Bank of Pakistan (SBP), all banks and financial institutions will remain closed on Thursday (May 01) in connec...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

Pakistan’s Next Tranche and Climate Financing Officially on IMF Board’s Meeting Agenda

The International Monetary Fund (IMF) has formally notified that the Executive Board would consider “Pakistan – First Re...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

OICCI Recommends Gradual Corporate Tax Cut to 25% in FY26 Budget

The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its recommendations for the Federal Budget...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

Pakistan to Host First-Ever Digital Foreign Direct Investment Conference Today

Pakistan is set to host the inaugural Digital Foreign Direct Investment (DFDI) Conference, beginning today, with partici...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

Rupee Improves But Stays Below 281 Against US Dollar

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 282 in the interbank...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

PSX Gains Over 800 Points as Investors Return to Buying

Buying returned to the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark KSE-100 Index gained over 800 points. A...

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News Update

29

Apr 2025

Apr 29, 2025 • 5 min read

Govt to Restrict Non-Filer Transactions in Finance Bill 2025

The federal government is expected to include Section 114C of the Tax Laws (Amendment) Bill, 2024, in the Finance Bill 2...

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