News & Updates

News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

SBP Set to Launch PRISM Plus Across Pakistan Soon

The State Bank of Pakistan (SBP) is launching the Real-Time Gross Settlement (RTGS) and Central Securities Depository (C...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh to Hire Subject Specialist Teachers

The Sindh government has allocated Rs. 200 million in the 2025-26 budget to hire Subject Specialist Interns for higher s...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh to Hire 4,400 Staff Members in Schools

The Sindh government has announced plans to hire 4,400 new staff members for schools across the province in the upcoming...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

HBL’s ‘Agahi Program’ Drives Agricultural Progress in Pakpattan

HBL held the ‘Agahi Program’ for farmers in Pakpattan, Punjab. The event took place at the Dera of HBL Zarai. State Bank...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Dollar Likely to Go Past Rs. 300 By June Next Year

The rupee could slide to as low as Rs. 302 against the dollar by June next year, according to a report by a brokerage fi...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

SECP Invites Public Comments on Proposed Amendments to VPS Rules

The Securities and Exchange Commission of Pakistan (SECP) has issued a Consultation Paper proposing amendments to the Vo...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh Allocates Rs. 523.73 Billion to Education

The Sindh government has proposed a record allocation of Rs. 523.73 billion for the education sector in its 2025-26 budg...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Govt Eyes $2 Billion Commercial Loan to Boost Reserves to $14 Billion This Month

The government is in the process of getting a $2 billion loan to increase foreign exchange reserves from the current $11...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

BankIslami Won the Best Campaign Award at the Pakistan Digital Award 2025

BankIslami, one of Pakistan’s fastest-growing financial institutions, has won the Jury Award for Best Campaign at the Pa...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Pharma Firm to Pay Rs. 2 Million Fine for Falsely Marketing Life-Saving Product for Kidney Patients

The Competition Appellate Tribunal (CAT) has upheld a significant decision by the Competition Commission of Pakistan (CC...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

K-Electric Concludes EPIC 2025 with Aim to Power Pakistan’s Energy Future

Committed to promoting localisation and innovation in the energy sector, K-Electric (KE) on Wednesday concluded the Gran...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh Cabinet Approves Rs. 3,452 Billion Budget For FY 2025-26

Sindh Cabinet on Friday approved Rs. 3451.87 billion budget for the fiscal year 2025-26. The Cabinet gave assent in a pr...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh Education Budget Increased by 12%

The Sindh government has raised its education budget by 12 percent from Rs. 458 billion to Rs. 523 billion for the fisca...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

DWP Technologies Enables JS Bank with Strategic ACI Deployment

DWP Technologies and JS Bank officially entered into a transformative partnership through the signing of a three-year Ci...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Car Sales Jump 32% in 11 Months

Car sales in Pakistan rose by 32.1 percent to 94,388 units during the first 11 months of FY2024-25 compared to the same...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh Increases Salaries by 10% and Pensions by 7%

The government of Sindh has proposed a 10 percent adhoc relief allowance for the employees (from BPS-01 to BPS-22) in or...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

International Oil Prices Up Nearly 10% After Israel Attacks Iran

International oil prices rose over $75 a barrel after Israel launched strikes on Iran’s main nuclear facilities and ball...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Gold Set to Break All Records After Gaining Almost Rs. 10,000 Per Tola

The price of 24 karat gold increased by Rs. 4,600 per tola and was traded at Rs. 361,500 on Friday compared to its sale...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

PSX Goes Down 2,000 Points After Israeli Strikes on Iran

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 1,949.56 points, a negative...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

NA Panel Wants Tax Free Cash Withdrawal Limit to be Set at Rs. 75,000

The Standing Committee on Finance and Revenue Friday opposed the gradual withdrawal of the extension to the exemption fo...

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News Update

13

Jun 2025

Jun 13, 2025 • 5 min read

Sindh Increases Monthly Stipends for People With Disabilities

The Sindh government has announced an increase in monthly stipends for people with disabilities, raising the amount from...

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