News & Updates

News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

FBR Losses Nothing Compared to Shortfall At Karachi Port Trust: Defence Minister

Defence Minister Khawaja Asif has alleged that the financial losses caused by corruption and mismanagement at the Karach...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Bitcoin Rises Above $94,000 As US-China Tensions Ease– Rally to Continue?

Bitcoin climbed above $94,000 on Wednesday, reaching a new monthly high as investors responded to easing tensions betwee...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Gold Price Registers Massive Decrease After Hitting Record High

Gold prices retreated on Wednesday in both domestic and international markets, following record highs set a day earlier....

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Transparency International Warns CM Punjab Over Unregistered Drugs

Transparency International (TI) Pakistan has urgently brought to the attention of the Punjab Chief Minister Maryam Nawaz...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Pakistan’s Poverty Rate to Remain High at 42.4%: World Bank

Pakistan’s poverty rate is expected to remain unchanged at 42.4 percent in fiscal year 2025, meaning that 1.9 million mo...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Sindh High Court Stops FBR From Taking Action Against Listed Company

Sindh High Court (SHC) has barred the Federal Board of Revenue (FBR) from taking any coercive action against a company o...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Govt Filed Over 200,000 FIRs During Crackdown on Electricity Theft in 2024

The Power Division has disclosed the scale of its nationwide crackdown on electricity theft during 2024, revealing that...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Brokerage House Expects Status Quo in Key Interest Rate

The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on May 05, with brokerage house Topline Se...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

OICCI Warns of Huge Losses As 3,500 Cargo Vehicles Stranded in Sindh Highway Blockade

The six-day blockade of the National Highway in Sindh has brought local trade and industrial activity to a grinding halt...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Govt Revises Profit Rates on National Savings Schemes

The government has revised profit rates for National Savings Schemes (NSS) across various investment categories, effecti...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Bank of Punjab Registers Historic Growth in Operating Profit of 353% in Q1 2025

In a meeting held on April 22, 2025, the Board of Directors of The Bank of Punjab (BOP) reviewed and approved the unaudi...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

PSX Falls Over 1,200 Points Over Fears of Regional Geopolitical Tensions

The Pakistan Stock Exchange’s (PSX) benchmark 100-Index closed on a bearish note on Wednesday, dropping by 1,204 points...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

FBR to Withdraw Excise Duty on Property Purchase for Everyone

The Federal Board of Revenue (FBR) has submitted a summary to the federal cabinet recommending the complete abolition of...

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News Update

23

Apr 2025

Apr 23, 2025 • 5 min read

Pakistani Rupee Likely to Fall to 285 Against Dollar by End of June, Says Fitch

The State Bank of Pakistan (SBP) is likely to let the rupee gradually weaken to help manage pressure on the country’s cu...

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News Update

22

Apr 2025

Apr 22, 2025 • 5 min read

CCP Approves Merger of Junaid Jamshed and U&I Garments

The Competition Commission of Pakistan (CCP) has approved the proposed merger of Junaid Jamshed (Private) Limited (JJPL)...

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News Update

22

Apr 2025

Apr 22, 2025 • 5 min read

Gold Continues Record-Breaking Rally, Crosses Rs. 360,000 Per Tola

The price of 24 karat gold witnessed an increase of Rs. 5,900 per tola on Tuesday and was sold at an all-time high of Rs...

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News Update

22

Apr 2025

Apr 22, 2025 • 5 min read

Finance Minister Explores Collaboration in Crypto, Privatization With Deloitte, World Bank

Finance Minister Senator Muhammad Aurangzeb began his visit to Washington, DC, today by conducting a series of high-leve...

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News Update

22

Apr 2025

Apr 22, 2025 • 5 min read

Rupee Reverses Losses Against All Popular Currencies in Huge Turnaround

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 280 in the interbank...

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News Update

22

Apr 2025

Apr 22, 2025 • 5 min read

Malaysia, Pakistan Begin Talks on Blockchain, Digital Assets, Islamic Finance

In a pivotal step toward strengthening regional cooperation in the digital economy, the Foreign Minister of Malaysia Moh...

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News Update

22

Apr 2025

Apr 22, 2025 • 5 min read

Engro Fertilizers’ Profit Down by 63% in Q1 2025

Engro Fertilizers Limited (PSX: EFERT) today unveiled its financial results for the first quarter of calendar year 2025...

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News Update

22

Apr 2025

Apr 22, 2025 • 5 min read

Most Pakistanis Think the Sindh-Cholistan Canal Project is Just Political [Opinion]

After surveying a lot of X and Instagram, it is fair to say that the ongoing dispute over the proposed canal project to...

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