News & Updates

2024-07-08 00:00:00
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Financial Sector Showed Steady Performance in 2023, Posts 27% Growth in Asset Base: SBP

The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability...
2024-07-08 00:00:00
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RDA Denies Approving ‘New Airport Town’ Housing Scheme

The Rawalpindi Development Authority (RDA) has rejected the layout plan submission for the “New Airp...
2024-07-08 00:00:00
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Pakistani Banks Post Best Q2 Stock Returns in Asia-Pacific

Pakistani banks dominated a ranking of Asia-Pacific lenders with the highest total returns in the se...
2024-07-08 00:00:00
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CDA Issues Final Notice for Market Encroachments in Islamabad

In an effort to clear the city of encroachments and restore its beauty, the Capital Development Auth...
2024-07-08 00:00:00
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Cement Prices Rise Again in Pakistan

The retail price of cement has been increased by up to Rs. 207 per bag in Pakistan, latest data by t...
2024-07-08 00:00:00
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Trading Halted After PSX Building Catches Fire

Update: Trading has resumed at PSX after almost 2 hours. “This is in continuation to PSX Notice No.P...
2024-07-08 00:00:00
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Lahore Court Summons Top FBR Officials in Defamation Case

Additional District and Sessions Judge, Lahore (ADSJ) has summoned Chief Commissioner Inland Revenue...
2024-07-08 00:00:00
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PM Announces Tube Well Solarization Project for Balochistan

Prime Minister Shehbaz Sharif Monday announced that 28,000 agricultural tube wells in Balochistan wo...
2024-07-07 00:00:00
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Special Court to Take Up Mega Tax Fraud Case Against Leading Tractor Manufacturer

Special Judge Customs & Excise Taxation Karachi will take up the matter of alleged tax fraud on fake...
2024-07-07 00:00:00
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Pakistana Can Earn Billions of Dollars With Modernized Sea Port Systems: PM Shehbaz

Pakistan can earn billions of dollars in foreign exchange by modernized port systems and improved ac...
2024-07-07 00:00:00
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Ex-SBP Deputy Governor Reveals 5 Biggest Problems With Pakistan’s Economy

Pakistan’s economic model is no longer sustainable, unable to grow beyond 4 percent without incurrin...
2024-07-07 00:00:00
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Interloop is Now Largest Textile Exporter of Pakistan

Interloop Limited (PSX: ILP) has become one of the largest exporters of Pakistan after recording $53...
2024-07-07 00:00:00
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SBP Policy Rate May Gradually Decrease This Year: Aurangzeb

Finance Muhammad Aurangzeb on Saturday said the central bank’s policy rate may gradually start falli...
2024-07-07 00:00:00
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Govt Succumbs to Pressure, Withdraws Advance Tax on Petroleum Dealers

Petroleum dealers have successfully convinced the federal government to reverse the 0.5 percent adva...
2024-07-07 00:00:00
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Banks Are Now Charging New Tax on Netflix Subscription Fees in Pakistan

After forcing banks to deduct 13 percent of provincial sales tax on advertisement services last year...
2024-07-07 00:00:00
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PM Directs Immediate Action Against DISCOs Officials Adding Extra Units to Bills

Prime Minister Shahbaz Sharif has ordered the Power Division to immediately suspend and take action...
2024-07-07 00:00:00
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Saudi Arabia’s WAFI Energy Officially Acquires Shell Pakistan Limited

Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42 percent s...
2024-07-06 00:00:00
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Prime Minister Pushes Cost Saving Agenda, Plans to Abolish Up to 5 Ministries

Prime Minister Shehbaz Sharif is pressing his cost-saving plan amid severe economic challenges, sour...
2024-07-06 00:00:00
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Inquiry into LESCO’s Alleged Over-Billing Launched by FIA

The Federal Investigation Agency (FIA) Anti-Corruption Circle Lahore has initiated an inquiry into a...
2024-07-05 00:00:00
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LHC Upholds CCP’s Power to Conduct Inquiry Against Poultry Feed Manufacturers

Lahore High Court vide Order dated 29-05-2024 has vacated a stay order that it had earlier granted t...

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