News & Updates

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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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

IMF Likely to Lower Pakistan’s Tax Collection Target for the Current Fiscal Year

The International Monetary Fund (IMF) is likely to revise down Pakistan’s revenue collection target to Rs. 12,480 billio...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Textile Industry Highlights Energy, Taxation Issues in Meeting with Finance Minister

Federal Minister for Finance Senator Muhammad Aurangzeb has reiterated the government’s unwavering commitment to resolvi...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Gold Rate Plunges After Gaining Rs. 5,500 Per Tola in Last Two Days

The price of 24 karat per tola gold decreased by Rs. 3,000 and was sold at Rs. 304,000 on Thursday, compared to Rs 307,0...

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News Update

06

Mar 2025

Mar 06, 2025 • 5 min read

Pakistan’s Central Govt Debt Crosses Rs. 72 Trillion in January 2025

The total public debt stock of the federal government increased by 11.2 percent on a year-on-year (YoY) basis in January...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

IMF Conditions Compromised Pakistan’s Dignity to Avert Default: PM

Prime Minister Shehbaz Sharif said on Tuesday that Pakistan crossed many red lines in its plight to meet conditions set...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

International Coal Prices Drop to 4-year Low

International coal prices have dropped to a four-year low, according to Bloomberg data. International coal prices (Richa...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

Ishaq Dar Tips Pakistan to be Part of G20 by 2030

Deputy Prime Minister and Senior Federal Minister for Foreign Affairs Ishaq Dar has expressed satisfaction over the pace...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

FBR Forms Four-Member Committee to Launch International Center for Tax Excellence

The Federal Board of Revenue (FBR) has constituted a four-member committee to oversee and fully operationalize the Inter...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

Hubco Power Subsidiary Revises Its IPP Contract With Govt

The Hub Power Company Limited (PSX: HUBC) on Wednesday announced that its wholly owned subsidiary, Narowal Energy Limite...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

Pakistan Likely to Unlock $1 Billion IMF Tranche

Pakistan will likely clear the first review of its $7 billion loan program with the International Monetary Fund (IMF) an...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

NBP to Shut Down More Branches in Kyrgyzstan, Azerbaijan, Kazakhstan

The National Bank of Pakistan (NBP) has announced to shut down its operations in the capitals of three Central Asian Sta...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

IMF Urges Pakistan to Successfully Complete Rightsizing to Cut Expenses

The International Monetary Fund (IMF) has urged Pakistan to implement right-sizing measures as soon as possible to cut g...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

FPCCI Demands 5% Single-Stroke Cut in Policy Rate

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Atif Ikram Sheikh Wednesday said that the busin...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

IMF to Negotiate Electricity and Gas Tariffs Today As Review Talks Heat Up

The International Monetary Fund (IMF) review mission under Nathan Porter’s leadership will have discussions with the Min...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

Pakistani Rupee Falls Against US Dollar Yet Again, Loses Big Against Euro

The Pakistani rupee (PKR) continued its losing streak as it depreciated against the US dollar (USD) once again on Wednes...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

FBR Revises Custom Values for Mobile Phone LCD Screens from China and Hong Kong

Directorate General of Customs Valuation Karachi has revised customs values on the import of Mobile Phone (LCD Screens)...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

Gold Rate in Pakistan Increases Again After Yesterday’s Massive Gain

The price of 24 karat per tola gold increased by Rs.700 and was sold at Rs. 307,000 on Wednesday against its sale at Rs....

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

Public Accounts Committee Unhappy With Foreign Loan Repayment Strategy

The Public Accounts Committee (PAC) is unhappy with Pakistan’s foreign loan repayment system, summoned the Finance Minis...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

PSX Loses Almost 500 Points as Investor Sentiment Remains Muted

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a range-bound session on Wednesday with the benchmark index...

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News Update

05

Mar 2025

Mar 05, 2025 • 5 min read

Payoneer, Meezan Bank Launch International Payment System for Small Businesses

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs...

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