News & Updates

2024-05-15 00:00:00
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Pakistani Rupee Devalues Against All Major Currencies Today

The Pakistani rupee (PKR) was bearish against the US Dollar today after opening trade at 278 in the...
2024-05-15 00:00:00
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Salaam Family Takaful Limited Obtains License to Operate as the First Ever Digital Only Islamic Life Insurance Provider

Living up to its reputation of creating revolutionary solutions and taking unprecedented initiatives...
2024-05-15 00:00:00
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Arif Habib Reveals ‘New Acquirers’ of 69% Stake in Engro Powergen

There has been a change in the acquiring entities of Engro Powergen Qadirpur Limited (PSX: EPQL) who...
2024-05-15 00:00:00
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Gold Price in Pakistan Rebounds After Successive Falls

The price of gold in Pakistan increased on Wednesday after falling on the opening two days of the we...
2024-05-15 00:00:00
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BAT Invests in Pakistan’s Future with New GBS Hub in Lahore, Creating Jobs and Boosting Forex Inflow

BAT, one of the world’s largest multi-category consumer goods companies, has officially launched its...
2024-05-15 00:00:00
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Searle to Divest 100% Control in Subsidiary

The Board of Directors of Searle Company Limited (PSX: SEARL) has in-principal approved the disposal...
2024-05-15 00:00:00
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Is Inflation in Pakistan Linked to Exchange Rate Depreciation? SBP Explains

The State Bank of Pakistan in its State of Pakistan’s Economy Report for H1-FY24 admitted that it do...
2024-05-15 00:00:00
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Faysal Bank Inaugurates New Regional Head Office & Flagship Branch in Multan

Faysal Bank Limited (FBL) Pakistan’s fastest-growing Islamic bank, inaugurated its Multan Regional H...
2024-05-15 00:00:00
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Citi Pharma Announces Shift to Solar Power, Expects Annual Savings of Over Rs. 100 Million

Citi Pharma Ltd (PSX: CPHL) announced on Wednesday that it is transitioning from traditional energy...
2024-05-15 00:00:00
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Oil Industry Demands Govt to Immediately Release Rs. 90 Billion

The Oil Marketing Association of Pakistan (OMAP) has demanded the federal government to release Rs....
2024-05-15 00:00:00
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Investors Will Be Able to Open Multiple Trading Accounts Starting Next Week

The National Clearing Company of Pakistan Limited (NCCPL) has launched the Simultaneous Account Open...
2024-05-15 00:00:00
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MSCI Adds Pakistani Listed Bank to its Index

Investment research firm and stock markets index provider Morgan Stanley Capital International (MSCI...
2024-05-15 00:00:00
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Circular Debt to Rise By Rs. 150 Billion By End-FY24

The federal government has informed the International Monetary Fund (IMF) that it expects circular d...
2024-05-15 00:00:00
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Power Tariff Likely to Increase By Rs. 7 Per Unit in July 2024

The federal government has shared with the International Monetary Fund (IMF) that it will increase t...
2024-05-15 00:00:00
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Govt May Increase Tax on Cash Withdrawal From July 2024

The federal government is likely to increase an advance tax on cash withdrawal by non-filers from ba...
2024-05-15 00:00:00
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Govt to Re-examine Structure of Planning Commission

Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal presided over a high-...
2024-05-15 00:00:00
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Govt Announces Big Cut in Price of Petrol

The federal government on Wednesday slashed prices of petroleum products for the next fortnight. Acc...
2024-05-15 00:00:00
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FBR Proposes Revising Taxes and Duties on Tea Imports

The upcoming federal budget (2024-25) would issue new rates of duties and taxes on the import of bla...
2024-05-15 00:00:00
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Finance Minister Assures Industrialists of Resolving Energy Pricing Issues

Federal Minister for Finance Muhammad Aurangzeb chaired a meeting to address the challenges confront...
2024-05-15 00:00:00
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No Talks with IMF to Increase Electricity Prices: Minister

Federal Minister for Power Sardar Awais Ahmad Khan Leghari Wednesday said that no talks have taken p...

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