News & Updates

News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Gold Price Hits Record High With Rs. 300,000 Per Tola Milestone in Sight

The price of 24 karat per tola gold increased by Rs. 1,600 and was sold at Rs. 290,300 on Thursday against its sale at R...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Finance Ministry Congratulates Itself And Other Factors for 80-Month Low Inflation

The Ministry of Finance on Thursday acknowledged that inflation during the first six months of FY2024-25 (July-December)...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Govt Takes Another Step towards Rightsizing Ministries of Information, Heritage

A meeting of the Cabinet Committee on Rightsizing of the Federal Government was held today at the Finance Division, chai...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Senator Claims Receiving Death Threats from FBR Officers for Opposing Purchase of Over 1,000 Cars 

In a startling development, Senator Faisal Vawda Thursday alleged that he has received death threats from certain Federa...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

PSX Gains Over 1,700 Points After Three Sessions in Red 

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 1,719.04 more poi...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

FBR to Provide Free POS Software Integration Service to Retailers Through PRAL

Pakistan Revenue Automation Limited (PRAL), the IT arm of the FBR, will provide free-of-cost integration services to reg...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Pharmacists Warn Against Counterfeit Medical Diagnostic Kits, Chemicals Plaguing Pakistan

Pakistan Pharmacists Association (PPA) has urged to take immediate action against the illegal import, unlicensed manufac...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

SBP Reserves Tumble Again, Down to $11.3 Billion

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell once again on a weekly basis according to da...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

FBR Issues Worthless Tax Recovery Notices to Salaried-Class

The Federal Board of Revenue (FBR) has unfairly issued show-cause notices to salaried individuals to meet revenue target...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

No Choice But to Stay With IMF to Secure $100 Billion Financing: Minister of State for Finance

Minister of State for Finance Ali Pervaiz Malik on Wednesday said Pakistan has no choice but to honor the International...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Sui Southern Posts Profit of Rs. 6.5 Billion for H1 FY23

Sui Southern Gas Company Limited (SSGC) has announced a consolidated profit after tax of Rs. 6.5 billion in the first ha...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Petrol and Diesel Prices Expected to Increase Again

The government’s claims of reducing inflation seem to be overshadowed by the constant increase in fuel prices, which dir...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

CDA to Auction Commercial Plots and Shops in Blue Area Next Month

The Capital Development Authority (CDA) is preparing for an upcoming auction of commercial plots and shops, particularly...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

NAB Asks UAE to Extradite Property Tycoon Back to Pakistan

The National Accountability Bureau (NAB) has approached the UAE to extradite property tycoon Malik Riaz and his son Ali...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Gold Rate in Pakistan Rises, Settles Just Below Record High 

The price of 24 karat per tola gold increased by Rs. 2,300 and was sold at Rs. 288,700 on Wednesday against its sale at...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Supernet Limited Gets Board Approval to Initiate Merger Talks With Telecard Subsidiary

The Board of Directors of Supernet Limited (PSX: GEMSPNL) on Wednesday authorized the Company to formulate and propose t...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Fauji Fertilizer Company’s Profit Up by 80% to Rs. 85.5 Billion in 2024

Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December 31, 2024 in its B...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Rupee Enters Recovery Mode Against US Dollar After 3-Day Losing Streak

The Pakistani rupee (PKR) closed in green after 3 bearish sessions against the US Dollar (USD) today after opening trade...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Govt Employees Get Free Electricity Worth Rs. 6,000 Every Month: Energy Minister

Energy Minister Awais Leghari Wednesday revealed that power sector employees receive electricity worth Rs. 6,000 for fre...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

SECP Set to Host InsureImpact Conference Pakistan 2025 

The Securities and Exchange Commission of Pakistan (SECP) will host the InsureImpact Conference Pakistan (ICP) 2025 on F...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

FBR Orders All Registered Retailers to Support Cards and QR Codes for Payments

The Federal Board of Revenue (FBR) has directed retailers, operating under the point of sales (POS) system, to integrate...

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