News & Updates

News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

SBP Designates Domestic Systemically Important Banks for 2025

The State Bank of Pakistan (SBP) has announced the designation of D-SIBs for the year 2025 in accordance with Framework...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Cyber Crime Agency Summons Social Media Influencers in Online Gambling Scam

The National Cyber Crime Investigation Agency (NCCIA) has issued summons to YouTubers and several social media influence...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Finance Minister Highlights Pakistan’s Economic Reforms, Investment Opportunities in Meeting with UAE Business Leaders

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held an important meeting today with a group of le...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

The Beginning of a New Era of Energy: Oil and Gas Development Company Limited Launches New Logo

Oil and Gas Development Company Limited, Pakistan’s largest exploration and production company, on Friday launched its n...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

SBP Launches Performance Evaluation System for Equity Investment Abroad

The State Bank of Pakistan (SBP) has introduced the Performance Evaluation System for Investment Abroad (PESIA), an onli...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Rupee Extends Record-Breaking Run Against US Dollar

The Pakistani Rupee (PKR) on Friday appreciated by 03 paisa against the US Dollar (USD) in the interbank trading and clo...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Gold Price in Pakistan About to Break Record High Mark

The price of 24 karat gold increased by Rs. 1,200 per tola and was traded at Rs. 363,800 on Friday against its sale at R...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

SECP Issues Standard Format for Board Resolutions on Corporate Account Opening

The Securities and Exchange Commission of Pakistan (SECP) has notified a standard format of Board resolution for corpora...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Pace Pakistan Approves Rs.1.08 Billion Debt-to-Equity Swap

Pace (Pakistan) Limited has announced that its board of directors has approved a major restructuring plan, including the...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

NIC Karachi Offers Up to Rs. 5 Million Grant for Startups in Cohort 14

The National Incubation Center (NIC) Karachi has launched Cohort 14, offering startups the opportunity to secure up to R...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

SBP’s Profit Drops by Rs. 751 Billion in FY25

The State Bank of Pakistan’s (SBP) profitability dropped by a massive Rs. 751 billion, or 21 percent, in the financial y...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Islamabad is Going Digital as CDA Makes QR Codes Mandatory for All Payments

The Capital Development Authority (CDA) has decided to introduce a compulsory QR code system across Islamabad to promote...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

3 Electricity Distribution Companies Caught Overcharging Citizens by Rs. 1 Billion

A parliamentary panel was informed that three electricity distribution companies (Discos) allegedly overcharged consumer...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Govt to Slightly Reduce Petrol and Diesel Prices

Petroleum prices are expected to come down by as much as Rs. 3 per litre for the next fortnight, sources told ProPakista...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Govt Proposes New Bankruptcy Law Under Industrial Policy

Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar, announced that the governmen...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Toyota Indus Motors Posts Highest-Ever Annual Profit of Rs. 23 Billion in FY25

Indus Motor Company Limited (INDU) reported a highest ever net profit of Rs. 23 billion for the financial year 2024-25 (...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Govt Postpones NFC Meeting at Sindh’s Request

The federal government on Thursday postponed the inaugural session of the newly constituted 11th National Finance Commis...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Senate Panel Seeks End to Regulatory Bodies’ Powers on Salary Hikes

The Senate Standing Committee on Finance and Revenue directed the government to move legal amendments aimed at revoking...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

Pakistan Approves Plan to Hand Over Islamabad Airport Operations to UAE in Landmark G2G Deal

The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) on Thursday approved a plan to transfer th...

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News Update

29

Aug 2025

Aug 29, 2025 • 5 min read

No Double Taxation: FBR, SRB Settle Sales Tax Dispute

In a breakthrough, the federal government and the Sindh government on Thursday signed a joint statement to settle a long...

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News Update

28

Aug 2025

Aug 28, 2025 • 5 min read

PTA Suspends Licenses of 5 LDI Operators

The Pakistan Telecommunication Authority (PTA) has suspended the licenses of five Long Distance International (LDI) oper...

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