News & Updates

News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Govt Urged to Reduce Electricity Rates or Risk Lower Exports

Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Atif Ikram Shaikh along with Patron Chief UBGS...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

FPCCI Shares Charter of Economy with Finance Minister

A meeting was held today between Federal Minister for Finance Senator Muhammad Aurangzeb and a delegation from the Feder...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Rupee Falls Against US Dollar, Euro and British Pound

The Pakistani Rupee (PKR) depreciated by 10 paisa against the US Dollar in the interbank trading on Tuesday and closed a...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Goods-Related Businesses Are Posing as IT Companies to Avoid Taxes: Senator

In a recent meeting of the Senate Standing Committee on Information Technology, Senator Anusha Rahman raised concerns ab...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Foreign Direct Investment Drops 45% in February 2025

Foreign direct investment (FDI) in Pakistan fell sharply by 45% year-on-year to $95 million in February, according to a...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Senate Committee Discusses CEO Appointment for Ignite

A meeting of the Senate Standing Committee on Information Technology, chaired by Senator Palwasha Khan, was held to disc...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Gold Price in Pakistan Surges to Historic High as International Prices Climb

Gold prices in Pakistan surged to a new all-time high on Tuesday, following an upward trend in international markets. Th...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Auto Financing Rises in February Amid Falling Interest Rates

Auto financing in Pakistan has increased to Rs. 249 billion at the end of February, up from Rs. 241.6 billion in January...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Senate Panel Raises Concern About Misuse of IT Tax Exemptions

The Senate Standing Committee on Information Technology, chaired by Senator Palwasha Khan, convened Tuesday to discuss t...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Will SBP Issue Fresh Bank-Notes for Eid this Year?

The State Bank of Pakistan (SBP) on Tuesday firmly denied claims that it is not issuing fresh banknotes. In an official...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

IMF Shares MEFP Draft with Pakistan, Staff Level Agreement Under $7 Billion EFF Still Pending

The International Monetary Fund (IMF) has shared a draft of the Memorandum of Economic and Financial Policies (MEFP) wit...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

IPPs Submit Electricity Price Reduction Request to NEPRA

A joint tariff revision request has been submitted to the National Electric Power Regulatory Authority (NEPRA) by seven...

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News Update

18

Mar 2025

Mar 18, 2025 • 5 min read

Ministry of Finance Clarifies Reports on Salaries and Pensions of Govt Employees

The Ministry of Finance issued a formal clarification on Monday regarding media reports that claimed Finance Minister Mu...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Pak Elektron Limited Begins Exports to US Market

Pak Elektron Limited (PEL), a leading Pakistani electrical equipment manufacturer, has successfully launched its export...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Pakistan’s Large-Scale Manufacturing Sector Shrinks in January 2025

The Overall Large-Scale Manufacturing (LSM) sector has shown a growth of -1.78 percent during the first seven months (Ju...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Govt Announces Bad News About Salaries and Pensions in Upcoming Budget

Federal Minister for Finance and Revenue, Muhammad Aurangzeb has delivered disappointing news for government employees,...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Mari Energies Discovers More Gas and Condensate in KP

Mari Energies Limited has reported a second gas and condensate discovery at its Spinwam-1 exploration well in the Waziri...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Rupee Opens Week With Slight Gains Against US Dollar

The Pakistani Rupee (PKR) on Monday appreciated by 05 paisa against the US Dollar (USD) in the interbank trading and clo...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Bullish Momentum Takes PSX Past 116,000 Points

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 663.42 points, a positive...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Gold Price in Pakistan Climbs to Record High

The price of 24 karat per tola gold increased by Rs. 1,100 and was traded at Rs. 314,800 on Monday as compared to its sa...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Rs. 3 Billion Financial Irregularities Exposed in Famous Housing Society in Islamabad

The Senate Committee on Problems of Less Developed Areas has discovered serious financial irregularities in the Federal...

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