News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Banks Receive Over 20,000 Applications for Hajj Scheme

The Ministry of Religious Affairs has received 20,170 applications under the government’s regular Hajj scheme as of Mond...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

OCAC Urges Govt to Increase OMC Margins By Rs. 4.78 Per Litre

The Oil Companies Advisory Council (OCAC) has pressed the Petroleum Division to increase the margins of oil marketing co...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

PSX Suffers Worst Single-Day Drop in History, Plunges by Over 3,500 Points

Pakistan stocks witnessed a black Tuesday with the KSE-100 index posting the biggest ever single-day decline (in terms o...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Cybercrime Poses Biggest Threat to Pakistani Banks: Survey

A PwC Pakistan survey has determined that 90 percent of bankers think cybercrime is the biggest challenge facing the ban...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Pakistan Fails to Attract More Loans in 4 Months Due to IMF Delay

Foreign assistance inflows into Pakistan sharply declined by over 55 percent to $2.7 billion during July-October FY25 co...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

SNGPL Assures Continuous Gas Supply During Winter Peak Hours

Every effort is being undertaken to resolve the issues faced by consumers on a priority basis. Read More: {PERMALINK}

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Islamic Banks to Pay 75% of Gross Yield as Profit on Savings: SBP

The State Bank of Pakistan (SBP) has decided that Islamic Banking Institutions (IBIs) shall pay profit on their PKR savi...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

OGRA Urges LEAs to Ensure Smooth Transportation of Petroleum Products

In coordination with the Petroleum Division, the Oil and Gas Regulatory Authority (OGRA) has urged law enforcement agenc...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Reducing Air Pollution: Why Sustainable Policies Are the Need of the Hour

Air pollution has become one of Pakistan’s most pressing environmental and public health challenges, particularly in urb...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Ghandhara Tyre to Temporarily Suspend Plant Operations

Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) has decided to temporarily suspend plant operations from Wednesday,...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Matco Foods to Raise Capital for Investing in Corn Starch Division

The Board of Directors of Matco Foods Limited (PSX: MFL)), in its meeting held on November 25, has accorded its approval...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

SBP Removes Minimum Profit Rate Requirement From These Deposits

The State Bank of Pakistan (SBP) has exempted certain types of deposits from the Minimum Profit Rate requirement specifi...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Pumps in Punjab, Islamabad Likely to Run Out of Fuel [Updated]

Pump stations in Punjab, Islamabad and Rawalpindi are likely to run out of fuel and cause a shortage in the region. The...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Pakistan, China Ink 13 MoUs to Foster Joint Ventures in Animal Fodder, Fruits, Vegetables Processing Sectors

Pakistani and Chinese companies on Tuesday signed 13 memorandums of understanding (MoUs) valued at $250 million on foste...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Pakistan At Risk of Losing Billions in Road User Revenue Due to EV Adoption: ADB

Over 80 percent of road user revenues in Pakistan are from fuel-based revenues, involving an amount of $5.680 billion th...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

IHC Upholds SECP Orders Against Siddiq Moti

The Islamabad High Court (IHC) has delivered a landmark verdict, upholding the Securities and Exchange Commission of Pak...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Toyota Indus Motors Temporarily Suspends Production Citing Supply Chain Disruptions

Indus Motor Company Limited (PSX: INDU) Tuesday announced a temporary suspension of operations at its production facilit...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

Finance Minister in Favor of Revising AGP Act

Federal Minister for Finance Muhammad Aurangzeb acknowledged the need to revise the Auditor General of Pakistan (AGP) Ac...

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News Update

26

Nov 2024

Nov 26, 2024 • 5 min read

The Chronicles of Our IT Sector and Freelancers – Roadblocks, Potential

Written by: Nayyar Qureshi The chronicles of a giant, called the IT sector of Pakistan, despite all challenges, hold an...

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News Update

25

Nov 2024

Nov 25, 2024 • 5 min read

FTO Orders FBR to Probe Officials For False Statements in Bank Attachment Case

Federal Tax Ombudsman (FTO) has ordered an investigation against Federal Board of Revenue’s (FBR) officers for false/mis...

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News Update

25

Nov 2024

Nov 25, 2024 • 5 min read

SECP Aims for Greater Transparency, Investor Confidence Through Effective Supervision and Enforcement

Securities and Exchange Commission of Pakistan (SECP) through its centralized Supervision function, continues to maintai...

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News & Updates

Banks Receive Over 20,000 Applications for Hajj Scheme

OCAC Urges Govt to Increase OMC Margins By Rs. 4.78 Per Litre

PSX Suffers Worst Single-Day Drop in History, Plunges by Over 3,500 Points

Cybercrime Poses Biggest Threat to Pakistani Banks: Survey

Pakistan Fails to Attract More Loans in 4 Months Due to IMF Delay

SNGPL Assures Continuous Gas Supply During Winter Peak Hours

Islamic Banks to Pay 75% of Gross Yield as Profit on Savings: SBP

OGRA Urges LEAs to Ensure Smooth Transportation of Petroleum Products

Reducing Air Pollution: Why Sustainable Policies Are the Need of the Hour

Ghandhara Tyre to Temporarily Suspend Plant Operations

Matco Foods to Raise Capital for Investing in Corn Starch Division

SBP Removes Minimum Profit Rate Requirement From These Deposits

Pumps in Punjab, Islamabad Likely to Run Out of Fuel [Updated]

Pakistan, China Ink 13 MoUs to Foster Joint Ventures in Animal Fodder, Fruits, Vegetables Processing Sectors

Pakistan At Risk of Losing Billions in Road User Revenue Due to EV Adoption: ADB

IHC Upholds SECP Orders Against Siddiq Moti

Toyota Indus Motors Temporarily Suspends Production Citing Supply Chain Disruptions

Finance Minister in Favor of Revising AGP Act

The Chronicles of Our IT Sector and Freelancers – Roadblocks, Potential

FTO Orders FBR to Probe Officials For False Statements in Bank Attachment Case

SECP Aims for Greater Transparency, Investor Confidence Through Effective Supervision and Enforcement

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