News & Updates

News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Here Are the Latest Official Portfolios of All Cabinet Members

The Government of Pakistan has issued an official notification detailing the allocation and reorganization of portfolios...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Govt Proposes Drastic Cut in Solar Net Metering Rate

The government has presented a plan to the International Monetary Fund (IMF) delegation to revise electricity tariffs fo...

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News Update

07

Mar 2025

Mar 07, 2025 • 5 min read

Govt Secures Rs. 1.25 Trillion Loan to Address Circular Debt Crisis

The federal government has finalized an agreement with commercial banks to borrow Rs. 1.25 trillion at an interest rate...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Pakistan’s Industrial Electricity Prices Nearly Double Those in China, India, US: Report

Pakistan’s industrial sector is paying nearly double the electricity rates compared to China, India, and the United Stat...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

SBP Makes Collateral Pledging Mandatory for Islamic Banks Under Mudarabah-Based Facilities

The State Bank of Pakistan (SBP) made it mandatory for Islamic banking Institutions (IBIs) to pledge collateral for avai...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

SBP Reserves Post Increase of $27 Million in One Week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $27 million on a weekly basis according t...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Govt Seeks Budget Proposals from IT, Telecom, and Mobile Industries

The Ministry of Information Technology and Telecommunication (MoITT) has requested budget proposals from key stakeholder...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Pakistani Rupee Stops Decline Against US Dollar, Weakens Further Against Euro

The Pakistani rupee (PKR) halted its two-day losing streak on Thursday as it appreciated slightly against the US dollar...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Barkat Frisian Agro Set to Debut on PSX Tomorrow

Barkat Frisian Agro Limited (BFAGRO) is set to debut on the Pakistan Stock Exchange (PSX) starting tomorrow, March 7. Th...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Mobilink Bank Wins Prestigious GLOMO Award for ‘The Invisible Heirs’ Campaign

Mobilink Bank has solidified its standing as a trailblazer in women’s financial inclusion and economic empowerment by wi...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Companies Now Require SECP Approval for Appointment, Renewal, and Termination of CEOs

The appointment, renewal, and termination of services of the chief executive officer of a professional clearing member s...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Prime Minister Shehbaz Approves National Youth Employment Plan

Prime Minister Shehbaz Sharif has officially approved the National Youth Employment Plan, designed to provide market-dri...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

International Oil Prices Drop to 3.5-Year Low

Global oil benchmark Brent crude futures fell below $68 a barrel on Thursday for the first time in nearly three and a ha...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Telecom Sector Revenue Surges by Rs. 138 Billion in A Year

According to the IT Ministry report, telecom sector revenues saw a substantial increase, rising by Rs. 138 billion from...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

IMF Talks: FBR Rules Out Mini Budget to Cover Rs. 601 Billion Tax Shortfall

The Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) that there will be no mini-budget...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Bulls Return as PSX Gains Almost 1,500 Points

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 1,459.42 points,...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

International Steels Limited: Building Saudi Arabia’s Tomorrow, Today

International Steels Limited (ISL) is making significant strides in Saudi Arabia’s booming construction industry. With s...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Shopkeepers Refuse to Sell Chicken on Official Rate

Chicken shop owners announced on Thursday that they will not sell meat at government rates and will keep their shops clo...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Govt Changes Pension Calculation Method

The federal government has introduced some big pension reforms by changing the calculation method and restricting multip...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Govt Officers Directed to Declare Assets by September 2025 Under IMF Demand

Government officials in Pakistan have been instructed to declare their assets by September 2025, aligning with the requi...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Baluchistan Glass Issues Shares Worth Rs. 3.7 Billion to Holding Company

Baluchistan Glass Limited (PSX: BGL) has completed the issuance of 376.9 million ordinary shares to its holding company...

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