News & Updates

News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

Deputy Commissioner Accused of Embezzling Rs. 5.7 Million in M-6 Motorway Project

The Senate Standing Committee on Communications under Senator Pervez Rashid on Wednesday reviewed the Ministry of Commun...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

IMF Team to Visit Pakistan in May to Finalize FY26 Budget

An IMF mission will visit Islamabad in early May to finalize the 2025-26 budget framework, including taxation measures a...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

Gold Rate in Pakistan Climbs to Record High

The price of 24 karat per tola gold witnessed increased by Rs. 3,200 and was traded at Rs. 321,000 on Thursday against i...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

CCP Approves Olympia Synthetics Merger into Olympia Industries 

The Competition Commission of Pakistan (CCP) has granted approval for the merger of Olympia Synthetics Limited (OSL) wit...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

PPA Commends DRAP’s Efforts to Ensure Uninterrupted Supply of Medical Devices

The Pakistan Pharmacists Association (PPA) acknowledges the crucial role that medical devices and allied technologies pl...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

KSE-100 Companies Post Earnings of Rs. 1.62 Trillion in 2024

KSE-100 index companies posted earnings of Rs. 1.62 trillion in 2024, down 1 percent YoY from Rs. 1.64 trillion in 2023....

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

FBR Seals Three Luxury Watch Shops in Karachi For Over Rs. 180 Million Tax Fraud

The Federal Board of Revenue (FBR) has sealed three luxury watch outlets in Karachi for tax evasion and non-compliance w...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

Pakistan’s Foreign Reserves Fall by Over $500 Million in One Week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by over $500 million on a weekly basis accor...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

United Insurance Company to Divest 60 Million Shares in Apna Microfinance Bank

The Board of Directors of The United Insurance Company of Pakistan Limited (PSX: UNIC) has approved the divestment of 59...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

IMF Approves Electricity Tariff Reduction of Rs. 1 Per Unit

The International Monetary Fund (IMF) has approved a reduction of Rs. 1 per unit in electricity tariffs for all consumer...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

Govt Targets 75 More IPP Deals to Save Rs. 3.5 Trillion in Future Payments

After finalizing agreements with 29 Independent Power Producers (IPPs) to save Rs. 3.498 trillion, the government is wor...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

K-Electric Sees Strong Industrial Response to Winter Package

K-Electric (KE) has recorded a positive response to the Prime Minister’s Winter Demand Initiative that offered lower ele...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

Rupee Posts Gains Against US Dollar for Second Straight Day

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

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

SECP Seeks Feedback on Draft Certification Regulations for Financial Services Professionals

The Securities and Exchange Commission of Pakistan (SECP) has issued the Draft Securities and Exchange Commission of Pak...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

Govt Raises Rs. 640 Billion Via T-Bills

The cut-off yields on Treasury Bills (T-Bills) went up by up to 34 basis points (bps) in the auction of the paper held o...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

PM Shehbaz Calls for An End to Depending on IMF Loans for Survival

Prime Minister Shehbaz Sharif has stressed the need for Pakistan to break free from relying on the International Monetar...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

PSX Ends Flat Before Long Holiday, Up 4% in March

The 100-Index of the Pakistan Stock Exchange (PSX) on Thursday gained 34.43 points, a nominal positive change of 0.03 pe...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

High-Level Committee Formed to Make Pakistan a ‘Hard State’

A high-level committee comprising federal and provincial officials has been activated to implement measures aimed at mak...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

Prime Suspect in Mustafa Amir Murder Case Stole Rs. 17 Billion Through Phishing Scams

The main suspect in the Mustafa Amir murder case, Armaghan Qureshi, ran an illegal call center and stole Rs. 17 billion...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

FBR Revises Customs Values on Import of Lead Acid Batteries

Directorate General of Customs Valuation Karachi has revised customs values on the import of lead acid batteries used in...

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News Update

27

Mar 2025

Mar 27, 2025 • 5 min read

An IMF Loan is Considered A Major Economic Milestone Only in Pakistan [Opinion]

Pakistan is the only country in the world where securing a public-financed bailout from the International Monetary Fund...

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