News & Updates

News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

Govt to Challenge IHC Order Against 15% Additional Tax on Banks At Supreme Court

The federal government will now try to overturn a stay order granted by the Islamabad High Court (IHC) against a 15 perc...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

Govt to Offer Subsidies, Easy Installments Under New EV Policy

The federal government has prepared the first draft of the New Energy Vehicle (NEV) Policy 2025-2030 aimed at accelerati...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

Rupee Drops to 278 Against US Dollar After 3rd Consecutive Decline

The Pakistani rupee (PKR) posted losses third day in a row against the US Dollar (USD) today after opening trade at 278...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

Minister Directs to Identify Sites, Prepare Concept Paper for Model SEZs 

Minister for Planning Ahsan Iqbal on Wednesday directed the officials concerned to identify suitable sites for the estab...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

PM Orders FBR to Take Action Against Sugar Mills for Hoarding and Evading Taxes

Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to take strict action against sugar Mills...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

SNGPL Posts Rs. 10.7 Billion Profit for 9 Months of FY24

Sui Northern Gas Pipelines Limited (SNGPL) has announced its financial results for the nine months ended March 31, 2024...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

Govt Receives Nearly 3 Times More Applications for Hajj 2025 Due to Installment Plan

The Ministry of Religious Affairs’ decision to allow installment-based payment for Hajj charges has led to a record surg...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

Hallmark Changes Name to Supernet Technologies Limited

Hallmark Company Limited (PSX: HCL) has changed its name to Supernet Technologies Limited. In accordance with the approv...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

Planning Minister Proposes GSP-Plus, 5Es Framework Alignment for Export-Led Growth 

Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Wednesday proposed a multi-pronged s...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

SHC Approves Merger of Amer Cotton Mills With RCML

Reliance Cotton Spinning Mills Limited (PSX: RCML) Wednesday said that the Sindh High Court has approved the Scheme of A...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

OGDCL Partners with Schlumberger to Unlock Sindh’s Tight Gas Resources

OGDCL is making significant strides in the development of the country’s unconventional hydrocarbon resources in line wit...

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News Update

20

Nov 2024

Nov 20, 2024 • 5 min read

PSX Loses 310 Points in Volatile Session

The 100-Index of the Pakistan Stock Exchange (PSX) lost 310.21 points on Wednesday to close at 95,546.45 points as compa...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

SECP Significantly Increases Fees for Company Registration

The Securities and Exchange Commission of Pakistan (SECP) has massively raised fee for submission of documents by differ...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

ECC Approves Three-Month Electricity Relief Package for Winter

Finnane Minister Senator Muhammad Aurangzeb, chaired a meeting of the Economic Coordination Committee (ECC) of the Cabin...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

Rupee Depreciates Against All Currencies As Market Reels From External Pressure

The Pakistani rupee (PKR) posted losses second day in a row against the US Dollar (USD) today after opening trade at 278...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

IT Companies May Face Unrecoverable Losses Due to VPN Blockage: P@SHA

Chairman Pakistan Software Houses Association (P@SHA), Sajjad Mustafa Syed has warned that the internet slowdown and blo...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

Govt Announces a Small Relief For Hajj Pilgrims

The Ministry of Religious Affairs has managed to offer relief to Hajj aspirants by reducing the cost of air travel for t...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

Stock Brokers Seek Tax Rationalization, Tax Sahulat Account

A delegation of the Pakistan Stock Brokers Association (PSBA) Tuesday held a meeting with Senator Saleem Mandviwalla, Ch...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

PM Satisfied with Implementation of MoUs on $2.8 Billion Saudi Investment 

Prime Minister Shehbaz Sharif on Tuesday, emphasizing the significance of cooperation between Pakistan and Saudi Arabia...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

Pakistan’s Inflation Rate for November Likely to Fall Below 5%

Pakistan’s Consumer Price Index (CPI) for November 2024 is expected to clocked in at 4.5-5.0 percent YoY (+0.4 percent M...

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News Update

19

Nov 2024

Nov 19, 2024 • 5 min read

BankIslami Launches New Mobile App, Setting New Standards in Secure and Accessible Banking

BankIslami, one of Pakistan’s top Islamic banks, has introduced its redesigned mobile app, aiming to elevate the mobile...

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