News & Updates

News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

SECP Appellate Bench Dismisses Appeal by United Insurance and SPI Insurance

The Appellate Bench of the Securities and Exchange Commission of Pakistan has dismissed two appeals filed by United Insu...

Read Full Article

News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

SECP Withdraws License Cancellation Order for Four Brokerage Firms

The Securities and Exchange Commission of Pakistan (SECP) has withdrawn its earlier license cancellation order for four...

Read Full Article

News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

PTBA Seeks Larger Bench to Resolve Tax Confusion on Foreign Property Income

The Pakistan Tax Bar Association (PTBA) has urged authorities to form a larger bench under Rule 3(2) of the Appellate Tr...

Read Full Article

News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

Gold Rate in Pakistan Increases for Third Time in Three Days  

The price of 24 karat per tola gold increased by Rs. 2,200 and was traded at Rs. 276,900 on Friday against its sale at R...

Read Full Article

News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

KSE-100 Index Gains 467 Points to Close Above 117,500 Points  

After opening on a negative note on Friday, the benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) closed 467...

Read Full Article

News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

Short-Term Inflation in Pakistan Comes in at Just Under 4%

The Sensitive Price Index (SPI) based inflation for the week ended January 2, 2024, increased by 3.97 percent on a year-...

Read Full Article

News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

Rupee Ends 4-Day Losing Streak Against US Dollar to End Tough Week

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) reversing its 4-day losing streak today after open...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Mashreq Becomes First Bank to Launch Pilot Operations as Digital Retail Bank in Pakistan

Mashreq Pakistan, part of leading financial institution in the MENA region, Mashreq, becomes the first to receive restri...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Gas Prices for Captive Power Plants Likely to Spike Over Rs. 4,000 per MMBtu

The federal government is preparing to increase gas prices for captive power plants by up to Rs. 1,100 per MMBtu, bringi...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

CCP and PPRA Enhance Data Sharing for Fair Public Procurement

The Competition Commission of Pakistan (CCP) and the Public Procurement Regulatory Authority (PPRA) have signed an adden...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Finance Minister Commends Progress Made Under REMIT Program

Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired the 3rd meeting of the Revenue Mobilisation, Investm...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

PBC Warns of 5 Key Risks That Could Reverse Economic Progress Made in 2024

The Pakistan Business Council (PBC) has acknowledged the economic stabilization achieved under the 2024 federal governme...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Petroleum Sales Rise 3% in December 2024

Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.28 million tons in December 2024. This represents a 3 perc...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Court Grants Bail to Man Involved in Rs. 3 Billion Fraud Case Against Rs. 100 Surety Bond

Islamabad High Court (IHC) while granting bail to an individual accused of tax fraud, cautioned Chairman FBR that any ac...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Islamabad Airport Outsourcing Receives Lukewarm Response as Turkish Group Bids Below Minimum Fee 

The Pakistan Airports Authority (PAA) held a ceremony on Thursday at its headquarters to open the financial bids for out...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Rupee Starts 2025 in Red Against US Dollar After 4th Consecutive Decline

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) 4th day in a row today after opening trade at 279 in...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Govt Imposes Another Condition on Pensions to Meet IMF’s Demands

The federal government has banned double pensions for its employees to meet conditions set by the International Monetary...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

SECP Cancels Licenses of 4 Brokerage Companies

The Securities and Exchange Commission of Pakistan (SECP) has canceled the licenses of four securities brokerages on cha...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

Govt Launches 7th Digital Agricultural Census

The Pakistan Bureau of Statistics (PBS) has launched field operations for the country’s 7th Digital Agricultural Census....

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

KSE-100 Index Largely Flat But Closes at All-Time High

The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a volatile trading session but closed at a ne...

Read Full Article

News Update

02

Jan 2025

Jan 02, 2025 • 5 min read

COAS Assures Support to Govt’s Economic Stability Measures

The Special Investment Facilitation Council (SIFC) convened 11th Apex Committee Meeting Thursday to review various initi...

Read Full Article