News & Updates

2024-07-22 00:00:00
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PM Shehbaz Elevates SIFC to Division Status

Prime Minister Shahbaz Sharif has approved the elevation of the Special Investment Facilitation Coun...
2024-07-22 00:00:00
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More Misery Likely As CPPA Seeks Electricity Tariff Hike of Rs. 2.11 Per Unit

The Central Power Purchasing Agency (CPPA) has requested a power tariff increase of Rs. 2.11 per uni...
2024-07-22 00:00:00
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KP to Convert 100 Schools and 3,050 Mosques to Solar Energy

The Khyber Pakhtunkhwa government has launched solar energy projects to address electricity issues i...
2024-07-22 00:00:00
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SBP to Announce FY25’s First Monetary Policy Next Week

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet next week on Monda...
2024-07-22 00:00:00
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LHC Suspends FBR’s Controversial Anti-Taxpayer Law in Finance Act 2024

Lahore High Court (LHC) has suspended the applicability of controversial sales tax SRO 350(I)/2024,...
2024-07-22 00:00:00
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Pakistan’s Mobile Imports Cross $1.8 Billion in FY24

The country imported mobile phones worth $1.898 billion during the fiscal year 2023-24, registering...
2024-07-22 00:00:00
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Cabinet to Soon Approve Massive Electricity Subsidy for Protected Consumers

The federal government is finalizing a new plan to implement a targeted electricity subsidy for low-...
2024-07-21 00:00:00
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Govt Reduces Capital Gains Tax on Non-Filers by Half

The National Clearing Company of Pakistan Limited (NCCPL) on Friday announced the market-wise applic...
2024-07-21 00:00:00
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PM Shehbaz Receives Plan for Transfer of Chinese Industries to Pakistan

Prime Minister Shehbaz Sharif on Saturday received a comprehensive roadmap for the transfer of Chine...
2024-07-21 00:00:00
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Govt is Paying Rs. 150 Billion of Taxpayer Money Every Month to IPPs for Almost No Electricity

Consumers paid Rs. 150 billion per month in capacity charges during January-March 2024 to Independen...
2024-07-21 00:00:00
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Competition Tribunal Upholds CCP Penalty on Reliance Paints For Price Fixing Tactics

The Competition Appellate Tribunal has upheld the decision of the Competition Commission of Pakistan...
2024-07-20 00:00:00
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Govt to Return Rs. 60 Billion to Universal Service Fund Borrowed in 2013

The government will return the longstanding funds of over Rs. 60 billion to the Universal Service Fu...
2024-07-20 00:00:00
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SPI-Based Inflation Increased 0.76% This Week

The Sensitive Price Index (SPI) -based inflation for the week ended July 18, 2024, increased by 0.76...
2024-07-20 00:00:00
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Pakistan’s IT Exports Earned an All-Time High of $3.2 Billion in 2023-24

Pakistan’s Information technology (IT) and IT-enabled services (ITeS) export remittances comprising...
2024-07-19 00:00:00
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CCP Decision Upheld to Impose Rs. 15 Million Fine on DHA Lahore and ISP

In a significant ruling, the Competition Appellate Tribunal has dismissed the appeals filed by Defen...
2024-07-19 00:00:00
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PTCL Revenue Grows by 12% in Q2 2024

Pakistan Telecommunication Company Limited has announced its financial results for the quarter ended...
2024-07-19 00:00:00
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Pakistan’s Current Account Posts Lowest Deficit in 13 Years

Pakistan’s Current Account Deficit (CAD) shrank by 79 percent in the fiscal year 2023-24 to $681 mil...
2024-07-19 00:00:00
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Pakistan Govt Announces a ‘So-Called’ Boycott of Israel-Linked Companies

The federal government has decided to boycott all products of companies that are linked in any way w...
2024-07-19 00:00:00
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SECP Notifies Adoption of Fresh AAOIFI Shariah, Governance and Ethics Standards 

In its endeavor to replicate the best international practices in Islamic financial services, the Sec...
2024-07-19 00:00:00
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DG Khan Cement to Establish Subsidiary in US

The Board of Directors of DG Khan Cement Company Limited (PSX: DGKC) has accorded its approval to ma...

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