News & Updates

News Update

02

Apr 2025

Apr 02, 2025 • 5 min read

Retailers Pocket Huge Profits During Ramazan Despite Rs. 45 Million Fine

The Karachi Commissioner’s price-checking teams have imposed fines amounting to Rs. 45 million on 4,345 retailers until...

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News Update

02

Apr 2025

Apr 02, 2025 • 5 min read

KSE-100 Index Posts 2nd Best Performance During Ramazan in 11 Years

The KSE-100 Index posted a 5.2 percent return during Ramazan 2025, marking its second-best performance for the holy mont...

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News Update

01

Apr 2025

Apr 01, 2025 • 5 min read

Investors Urge Govt to Avoid ‘Anti-Business’ Actions

The local business community has warned that economic stability cannot be achieved if the government continues what they...

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News Update

01

Apr 2025

Apr 01, 2025 • 5 min read

International Gold Rate Hits New Record High As it Nears Historic $3,200 Level

Gold prices climbed to a new record high on Tuesday as investors turned to the precious metal ahead of US President Dona...

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News Update

01

Apr 2025

Apr 01, 2025 • 5 min read

OGRA Increases LPG Prices for April 2025

The Oil and Gas Regulatory Authority (OGRA) has increased the price of indigenous liquefied petroleum gas (LPG) by Rs. 0...

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News Update

01

Apr 2025

Apr 01, 2025 • 5 min read

Trump’s Trade War: Rupee At Risk As Pakistan Unprepared for New US Trade Tariffs

With US stock markets reeling from US President Donald Trump’s latest tariff announcements, countries like Pakistan coul...

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News Update

31

Mar 2025

Mar 31, 2025 • 5 min read

American Economist Not Confident in Pakistan’s Latest IMF Lifeline

American economist and Johns Hopkins University professor Steve Hanke has expressed skepticism over Pakistan’s latest ag...

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News Update

31

Mar 2025

Mar 31, 2025 • 5 min read

Azerbaijan Offers $1 Billion Loan for Sukkur-Hyderabad Motorway

Azerbaijan is willing to give a $1 billion loan to Pakistan for funding the $1.2 billion Sukkur-Hyderabad motorway (M-6)...

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News Update

31

Mar 2025

Mar 31, 2025 • 5 min read

Pharmaceutical Sector Earnings Up 3.1x in 2024 Due to Deregulation of Medicine Prices

Pakistan’s listed pharmaceutical sector’s earnings were up 3.1x to Rs. 24.8 billion in the calendar year 2024. This jump...

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News Update

31

Mar 2025

Mar 31, 2025 • 5 min read

International Gold Surges Past $3,100 For the First Time in History

Gold prices soared to a new record high of $3,106.50 per ounce on Monday, crossing the $3,100 mark for the first time in...

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News Update

31

Mar 2025

Mar 31, 2025 • 5 min read

Bitcoin Drops Below $82,000 Due to Trump’s Trade War

Bitcoin’s price slid below $82,000 on Monday as cryptocurrency markets mirrored big drops mostly in US markets, with inv...

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News Update

31

Mar 2025

Mar 31, 2025 • 5 min read

Agriculture Shows Big Decline in Pakistan

Pakistan’s agriculture sector growth rate has come down to 1.1 percent in 2QFY25 from 6.1 percent in 2QFY24. According t...

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News Update

30

Mar 2025

Mar 30, 2025 • 5 min read

Digital Transactions Covered 88% of Retail Payments in Pakistan

Digital payment channels processed 88 percent of all retail transactions by volume, with mobile app-based banking playin...

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News Update

30

Mar 2025

Mar 30, 2025 • 5 min read

World Bank Approves $300 Million Loan for Smog Mitigation Project in Punjab

The World Bank has approved a $300 million (Rs. 84 billion) loan to Punjab to reduce air pollution by introducing electr...

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News Update

30

Mar 2025

Mar 30, 2025 • 5 min read

Gold Sets Another Record as Price Crosses Rs. 325,000 Per Tola

Gold continued its record-breaking surge in both local and international markets on Saturday. In Pakistan, the price of...

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News Update

30

Mar 2025

Mar 30, 2025 • 5 min read

FBR Sets Up Special Office to Combat Smuggling and Under-Invoicing

The Federal Board of Revenue (FBR) has established the Office of the Director General (Special Initiatives — Customs) to...

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News Update

30

Mar 2025

Mar 30, 2025 • 5 min read

FBR Misses Tax Collection Target for March 2025 by Rs. 107 Billion

The Federal Board of Revenue (FBR) has fallen short of its tax revenue collection target for March 2025 by Rs. 107 billi...

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News Update

29

Mar 2025

Mar 29, 2025 • 5 min read

After Petrol and Diesel, Govt Increases Petroleum Levy on High Octane

The government has raised the petroleum development levy on High Octane Blending Component (HOBC) by Rs 20, bringing it...

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News Update

28

Mar 2025

Mar 28, 2025 • 5 min read

Pakistan Repays $1 Billion Loan to Chinese Bank

Pakistan has repaid a $1 billion Chinese commercial loan, which lowered the country’s foreign exchange reserves to a six...

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News Update

28

Mar 2025

Mar 28, 2025 • 5 min read

Gold’s Record Run Continues As it Surges to Fresh All-Time High

Gold continued its record-breaking surge in both local and international markets on Friday. In Pakistan, the price of go...

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News Update

28

Mar 2025

Mar 28, 2025 • 5 min read

Rupee Posts Gains Against US Dollar for Third Consecutive Day

The Pakistani Rupee (PKR) on Friday gained 05 paisa against the US Dollar (USD) in the interbank trading and closed at R...

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