News & Updates

News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Petroleum Sales Increase by 5% in March 2025

Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.2 million tons in March 2025, up 5 percent year-on-year an...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

PM Expects Maritime, Energy Reforms to Boost Trade

Prime Minister Muhammad Shehbaz Sharif on Monday said that the reforms in maritime and energy sectors would boost trade,...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

ECC Approves Rs. 54.5 Billion to Provide Quality Higher Education to Underprivileged Students

The Economic Coordination Committee (ECC) of the Cabinet met today under the chairmanship of Federal Minister for Financ...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Rupee Nears 281 Against US Dollar After Small Decline

The Pakistani rupee (PKR) closed in red to start the week against the US Dollar (USD) today after opening trade at 281 i...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

FTO Directs FBR to Release 170 Tolas Gold Seized 27 Years Ago

After a passage of 27 years period, the Federal Board of Revenue (FBR) has not released confiscated 170 tolas gold despi...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Binance Founder Changpeng Zhao Joins Pakistan Crypto Council as Strategic Advisor

Changpeng Zhao (CZ), the visionary founder of Binance and one of the most influential figures in Web3, has officially be...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Pending Court Cases Are Delaying 5G Auction in Pakistan: PTA Chairman

The National Assembly Standing Committee on Information Technology was told on Monday that Pakistan’s long-delayed 5G sp...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Govt Faces Backlash for Using Outdated Advertisement for DG PSQCA Appointment

A cloud of controversy continues to surround the appointment process for the Director General (DG) of the Pakistan Stand...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Nearly Half of All Telecom and ATM Services in Pakistan Will Shut Down Over this Govt Decision: PTA Chairman

Chairman of the Pakistan Telecommunication Authority (PTA) Major General (Retired) Hafeez Ur Rehman on Monday warned the...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Trump Warns Against ‘Stupid’ Panic as Markets Plummet

US President Donald Trump cautioned against “stupid” panic on Monday as a global stock market rout deepened after Beijin...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Govt Plans to Curb Import Bill by Maintaining High Petrol Prices

In a bid to control the rising import bill in case of any global oil price volatility in the future, the federal governm...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Bitcoin Crashes to 3-Week Low

Bitcoin fell over 6 percent to $77,700 on Sunday, hitting a three-week low as markets reacted sharply to new US tariffs...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Pakistan to Prepare Strategy to Counter Trump Tariffs

In response to the United States’ decision to impose a 29 percent tariff on Pakistani goods, Federal Minister for Commer...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

PSX Crashes By Nearly 8,500 Points [Updated]

The Pakistan Stock Exchange (PSX) witnessed a bloodbath on Monday as the benchmark KSE-100 index plummeted by nearly 8,5...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Engro Energy Denies Any Breach of Contract With Consortium for Sale of Power Subsidiary

Engro Energy Limited (EEL) has categorically denied allegations of a material breach leveled by Liberty Power Holdings a...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Two-day Pakistan Minerals Investment Forum 2025 to Kick Off Tomorrow

A two-day Pakistan Minerals Investment Forum 2025, aimed at promoting investment in the country’s mineral sector, is sch...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

FIA Initiates Investigation Based on Complaint from Banking Officials

The Federal Investigation Agency (FIA) has launched an inquiry to examine the financial records of five individuals, inc...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

PSX Recovers from Intraday Low of 8,700 Points But Suffers Second Worst Single-Day Drop

The Pakistan Stock Exchange (PSX) mirrored the global sell-off on Monday as the benchmark KSE-100 index nosedived to an...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

Govt to Extract Gas From Mysterious Pocket in Karachi

Pakistan Petroleum Limited (PPL) will put out the mysterious fire that erupted last month during drilling operations in...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

International Oil Prices Drop to Almost 3.5-Year Low

International oil prices dropped below $60 a barrel as concerns intensified that US President Donald Trump’s new trade t...

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News Update

07

Apr 2025

Apr 07, 2025 • 5 min read

SECP Issues Concept Paper to Reinvigorate Institution of Waqf

The SECP has issued a concept paper exploring the revival and modernization of Waqf to align with contemporary socio-eco...

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