News & Updates

News Update

14

Apr 2025

Apr 14, 2025 • 5 min read

Pakistan Could Lose $1.4 Billion in Exports Due to US Tariffs: PIDE

The Pakistan Institute of Development Economics (PIDE) has issued a stark warning that proposed reciprocal tariffs by th...

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News Update

14

Apr 2025

Apr 14, 2025 • 5 min read

Gold Rate Falls Slightly After Record-Breaking Increase in Last Three Days

After climbing for three straight days, gold prices in Pakistan dropped slightly on Monday. According to the All-Pakista...

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News Update

14

Apr 2025

Apr 14, 2025 • 5 min read

No Budget Talks as IMF Mission Focuses on FBR Reforms

A technical mission from the International Monetary Fund (IMF) is currently visiting Pakistan to hold discussions with t...

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News Update

14

Apr 2025

Apr 14, 2025 • 5 min read

Neelum-Jhelum Shutdown Costs National Exchequer Rs. 42 Billion Annually

The repeated closure of the Neelum-Jhelum Hydropower Project (NJHP) has led to severe financial losses, with an estimate...

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News Update

14

Apr 2025

Apr 14, 2025 • 5 min read

LDI Companies Oppose PTA’s Conditions for Payment of Rs. 78 Billion Dues

The recovery of Rs. 78 billion in outstanding dues from Long Distance International (LDI) telecom companies remains dead...

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News Update

13

Apr 2025

Apr 13, 2025 • 5 min read

Pakistan’s Textile Sector to Benefit A Lot From New US Tariff Policy: Chairman PRGMEA

Pakistan’s overall exports, particularly the textile sector will get benefits from the new USA tariff policy. This was s...

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News Update

13

Apr 2025

Apr 13, 2025 • 5 min read

PIA Sale to Be Completed By December 2025: Privatization Advisor

The Privatization Commission has presented a list of state-owned enterprises (SOEs) earmarked for privatization to a Sen...

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News Update

13

Apr 2025

Apr 13, 2025 • 5 min read

IHC Orders Govt to Refund All Charges to Captive Power Plants After Temporary Law Expires

Islamabad High Court (IHC) has directed the Petroleum Division to refund all amounts of levy to the captive power plants...

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News Update

13

Apr 2025

Apr 13, 2025 • 5 min read

Turkey to Help Explore World’s 4th Largest Oil and Gas Reserves in Pakistan

Pakistan and Turkey have signed an agreement to jointly explore newly identified offshore oil and gas reserves in Pakist...

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News Update

12

Apr 2025

Apr 12, 2025 • 5 min read

Gold Rate Races Past Rs. 340,000 Per Tola Mark After Another Increase

Gold prices continued their upward trend on Saturday, setting a new record in Pakistan. In the local market, the price o...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

Rupee Loses Nearly Rs. 10 Against Euro, Rs. 5 Against British Pound

The Pakistani rupee (PKR) closed in green 2nd day in a row against the US Dollar (USD) today after opening trade at 280...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

OCAC Demands 27% Increase in Petrol Companies’ Margins

The Oil Companies Advisory Council (OCAC) has formally requested the Oil and Gas Regulatory Authority (OGRA) to raise th...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

Minister Says Govt Working to Reduce Taxes on Milk

Federal Minister for National Food Security and Research Rana Tanveer Hussain held a meeting with a delegation of the Da...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

Gold Price in Pakistan Closes in on Rs. 350,000 Per Tola Mark After Stellar Gains in Last Two Days

Gold prices continued their upward trajectory on Friday, reaching an all-time high in Pakistan. According to the All-Pak...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

Honda Pakistan to Launch Hybrid EV Models Soon

Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) has announced plans to introduce Hybrid Electric Vehicle (HEV) models in...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

Govt Approves Rs. 1.74 Trillion Revised Dasu Hydropower Project

The Central Development Working Party (CDWP), under the chairmanship of Minister for Planning, Development and Special I...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

PSX Sheds Over 1,300 Points as Global Trade Tensions Heat Up

Volatility returned to the Pakistan Stock Exchange (PSX) on Friday, in line with the global trend, as the US-China trade...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

No Regulator, No Data: Ministry Reveals Courier Firms Operate Freely in Pakistan

The Ministry of Communications has informed the National Assembly that the Pakistan Post Office Department does not main...

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

Cabinet Set to Approve New CEO for EXIM Bank

The Federal Cabinet will approve names forwarded by the Finance Minister for the position of CEO/President of EXIM Bank....

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

Over a Thousand Suspects Were Arrested Over Online Fraud Complaints in 2024

New details emerging from government documents shed light on the scale of online fraud in Pakistan during the year 2024....

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News Update

11

Apr 2025

Apr 11, 2025 • 5 min read

Finance Minister Promises Relief for Salaried Class in Upcoming Budget

Finance Minister Muhammad Aurangzeb has announced that the government is actively working on providing relief to the sal...

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