News & Updates

2024-08-05 00:00:00
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Indus Motor to Temporarily Halt Production for Second Time in a Month

Indus Motor Company Limited (PSX: INDU) Monday announced a three day plant shutdown due to supply ch...
2024-08-05 00:00:00
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Pakistan to Get $8.7 Billion Loan From World Bank Over Next 5 Years

The World Bank has committed to providing a loan of $8.7 billion to Pakistan over the next five year...
2024-08-05 00:00:00
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Former Caretaker Minister Joins Federal Cabinet As SAPM Power

Former caretaker federal minister for Power Muhammad Ali has officially joined the federal cabinet a...
2024-08-05 00:00:00
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Telcos Fined Rs. 69 Million By PTA in Past 3.5 Years Due to Poor Service

The Pakistan Telecommunication Authority (PTA) conducted 643 quality-of-service surveys over three a...
2024-08-05 00:00:00
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Popular US Consultant Offers to Streamline Pakistan’s Regulatory System

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with the Managing...
2024-08-05 00:00:00
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FIA Issues Another Notice to FBR Member Operations in Tax Refund Scandal

Federal Investigation Agency (FIA) has issued another notice to Mir Badshah Khan Wazir Member Operat...
2024-08-05 00:00:00
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IESCO Issues Safety Advisory for Monsoon Rains

Due to recent monsoon rains, the Islamabad Electric Supply Company (IESCO) has advised consumers to...
2024-08-05 00:00:00
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Pakistan Manufactured Over 17 Million Mobile Phones in First Half of 2024

The local manufacturing/ assembling plants manufactured/ assembled 17.34 million mobile handsets dur...
2024-08-05 00:00:00
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CCP Approves Lucky Core Industries’ Acquisition of Pfizer Pakistan Assets

Lucky Core Industries will acquire certain assets of M/s. Pfizer Pakistan Limited after approval of...
2024-08-05 00:00:00
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Bitcoin, Global Markets Collapse As World Fears Iran-Israel War

Investors are bracing for significant losses worldwide as Bitcoin and Ethereum crash amid global mar...
2024-08-05 00:00:00
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PM Forms 8-Member Task Force to Implement Key Reforms in Power Sector

The Prime Minister has constituted an eight-member Task Force under the chairmanship of Federal Mini...
2024-08-05 00:00:00
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FBR’s Digitization Task Force to be Co-Chaired by Senior Army Officer

The Prime Minister has constituted a 10-member Task Force on digitalization under the chair of State...
2024-08-04 00:00:00
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Irregularities Worth Rs. 750 Million Uncovered at Islamabad Club

The Auditor General of Pakistan has uncovered massive financial irregularities amounting to Rs. 750...
2024-08-04 00:00:00
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Govt’s Expensive Import of Urea to Cost Nearly Rs. 6 Billion in Subsidies

The Economic Coordination Committee’s latest decision to import expensive 100,000 metric tons of ure...
2024-08-04 00:00:00
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Govt Wants to Raise General Sales Tax on Tractors to 14%

The federal government is planning to increase the sales tax on tractors from 10 to 14 percent. In t...
2024-08-04 00:00:00
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Senior IRS, Customs Officers Start Lobbying for Chairman FBR Position

After the early retirement request of Chairman Federal Board of Revenue Amjad Zubair Tiwana, the Inl...
2024-08-04 00:00:00
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Karachi to Get New Industrial Zone in Next 3 Years

Director General Karachi Development Authority (KDA) Syed Shujaat Hussain said that a new industrial...
2024-08-04 00:00:00
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Govt Presented With Plan to Cut Electricity Rates By Rs. 5 Per Unit

The federal government has been presented with a massive relief plan whereby a lump sum payment of R...
2024-08-04 00:00:00
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Cement Sales Down 11th Month in a Row

The cement despatches declined for the 11th straight month, decreasing by 6.81 percent in July 2024....
2024-08-02 00:00:00
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FTO Recommends Adjustment of Tax Deducted Under Income Tax Ordinance

Federal Tax Ombudsman (FTO) has recommended Federal Board of Revenue (FBR), Accountant General of Pa...

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