News & Updates

News Update

10

Mar 2025

Mar 10, 2025 • 5 min read

Rupee Falls as Dollar Crosses 280 for First Time in Months

The Pakistani Rupee (PKR) depreciated by 10 paisa against the US Dollar (USD) in the interbank trading on Monday and clo...

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News Update

10

Mar 2025

Mar 10, 2025 • 5 min read

DigitalOcean Opens New Headquarters in Pakistan at COLABS

DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, announces its new head...

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News Update

10

Mar 2025

Mar 10, 2025 • 5 min read

Govt Forms Committee to Investigate Port Qasim Land Deal

The Prime Minister has constituted a three-member inquiry committee to investigate the Port Qasim land deal worth Rs. 60...

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News Update

08

Mar 2025

Mar 08, 2025 • 5 min read

Faysal Bank, Akhuwat Foundation & TCF Partner for Interest-Free Solar Financing

Faysal Bank Limited (FBL), one of Pakistan’s largest Islamic banks, has strengthened its commitment to sustainability an...

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News Update

08

Mar 2025

Mar 08, 2025 • 5 min read

KP to Give Interest-Free Loans to Youth for Starting a Business

The Technical Education and Vocational Training Authority (TEVTA) and the Bank of Khyber (BoK) have signed a memorandum...

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News Update

08

Mar 2025

Mar 08, 2025 • 5 min read

Lahore High Court Summons FBR’s Director General For Not Paying Court Fee for Tax References

The Lahore High Court (LHC) has shown extreme displeasure that the Federal Board of Revenue (FBR) is exempted from payin...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

BankIslami Takes a Leap Toward Gender Inclusivity with Its First All-Women-Managed Branch

BankIslami has launched its first fully women-managed branch in Karachi to promote gender inclusivity in the workplace....

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Gold Price in Pakistan Recovers Yesterday’s Losses, Posts Big Increase

Gold Price in Pakistan Recovers Yesterday’s Losses, Posts Big Increase The price of 24 karat per tola gold increased by...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Pakistani Rupee Falters Against Dollar, Loses Against Euro Widen Further

The Pakistani rupee (PKR) closed the week in red against the US dollar (USD) on Friday. At close of the day, the PKR set...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Sugar Price Increase Not Due to Exports: PSMA Punjab

The Pakistan Sugar Mills Association (PSMA) – Punjab Zone has refuted claims that the recent increase in sugar prices is...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Bulls Maintain Hold as PSX Ends Week With Gain of 685 Points

The 100-Index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Friday, gaining 685.52 points, a po...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Ignite Fund Stalled for Over 14 Months

Ignite National Technology Fund under the Ministry of IT and Telecom remains stalled due to the prolonged absence of a p...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Millat Tractors Expands Global Reach with Record Exports

Millat Tractors Limited, the pioneer of Pakistan’s farm mechanization, continues to expand its global footprint by stren...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Govt Reduces Electricity Prices Across Pakistan

The National Electric Power Regulatory Authority (NEPRA) has announced a reduction in electricity prices for consumers a...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

FBR Directs PRAL to Enable Input Tax Adjustment for 21 Companies

The Federal Board of Revenue (FBR) has directed Pakistan Revenue Automation Limited (PRAL) to remove the check to allow...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

FBR Introduces Major Changes to Export Finance Scheme

The Federal Board of Revenue (FBR) has introduced major changes in the Export Finance Scheme (EFS) to check misuse of th...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Pakistan’s Chief Crypto Advisor Says Recognizing Crypto as Strategic Asset Top Priority

The newly appointed Chief Advisor to the Finance Minister for the Pakistan Crypto Council, Bilal Bin Saqib, Friday said...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Short-Term Inflation in Pakistan Turns Negative After 7 Years

The Sensitive Price Index (SPI) based inflation for the week ended March 6, 2025, decreased by 0.87 percent on a year-on...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

IMF Expresses Concern Over Delay in Revised Gas Tariff Notification for Captive Power Plants

The International Monetary Fund (IMF) has raised concerns over the government’s failure to notify revised gas tariffs fo...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Bazaar Technologies Authorized to Acquire Wemsol: CCP

The Competition Commission of Pakistan (CCP) has granted approval to Bazaar Technologies (Private) Limited for the acqui...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

IMF Declines Pakistan’s Request to Remove GST on Electricity Bills

During the ongoing economic review talks between Pakistan and the International Monetary Fund (IMF), the global lender h...

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