News & Updates

News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Senate Panel Briefed On Which Govt Departments Will Be Closed or Privatized

The Senate Standing Committee on Industries and Production on Friday was informed that 16 institutions have been identif...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Audit Exposes Irregularities Worth Rs. 600 Million in Establishment Division

The Auditor General of Pakistan (AGP) raised audit observations amounting to Rs. 599.93 million in the Establishment Div...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Federal Minister Orders End to Corruption in National Highway Authority

Adopting a zero-tolerance policy in the National Highway Authority (NHA), Federal Minister for Communications, Abdul Ale...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Pakistan Faces Tight Fiscal Situation: IMF

Pakistan faces a tight fiscal situation, says the International Monetary Fund (IMF). The Fund in its latest Technical As...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Pakistan Petroleum Discovers Hydrocarbon Reserves at Sujawal

Pakistan Petroleum Limited (PSX: PPL) Friday announced that a gas/condensate discovery has been made from exploration we...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Govt Keeps Petrol, Diesel Prices Unchanged

The federal government has decided to keep the prices of petroleum products unchanged for the next fortnight. The price...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Rupee Appreciates 3rd Day in a Row Against US Dollar to End Big Week

The Pakistani rupee (PKR) posted gains 3rd day in a row against the US Dollar (USD) today after opening trade at 278 in...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Govt Rejects Blue World City’s PIA Bid, Opts for G2G Mechanism

The Cabinet Committee on Privatization under the chairmanship of Deputy Prime Minister Ishaq Dar on Friday approved the...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Pakistan’s Petroleum Imports Grow Marginally in 4MFY25 

Petroleum group imports witnessed 1.68 percent growth during the first four months (July-October) of the current fiscal...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

CDWP Approves Three Energy Sector Projects Worth Almost Rs. 59 Billion

The Central Development Working Party (CDWP) has approved three major development projects in the energy sector at a tot...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Construction of Pakistan’s Largest IT Park Delayed Yet Again

The establishment of Pakistan’s largest IT park in Islamabad has faced another delay as the Capital Development Authorit...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Pakistan, IMF Talks to Conclude Today

The final round of policy talks between Pakistan and the International Monetary Fund (IMF) are taking place today, after...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Q1 Fiscal Operations: Punjab’s Rs. 160 Billion Deficit Turns to Rs. 40 Billion Surplus 

The Ministry of Finance has revised the fiscal operations figures of the first quarter (Q1) of current fiscal year (FY25...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

OICCI Pitches Plan to Bridge Pakistan’s $152 Billion Climate Adaptation Gap At COP29

The Overseas Investors Chamber of Commerce and Industry (OICCI) underscored the essential role of public-private collabo...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

No Shortage of DAP, Urea for Upcoming Rabi Season

Federal Minister Rana Tanveer Hussain chaired a meeting of the Fertilizer Review Committee to assess the stock position...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Weekly Inflation Down to 4%, Lowest Level Since 2018

The Sensitive Price Index (SPI) based inflation for the week ended November 14, 2024, increased by 4.16 on a year-on-yea...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Bank Alfalah Gets In-Principle Approval to Exit Bangladesh

Both the State Bank of Pakistan and the Bangladesh Bank have granted in-principle approval to Bank Alfalah Limited (PSX:...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Gold Rate in Pakistan Increases Slightly After Huge Decline Earlier in the Week

After two huge falls earlier in the week, the price gold in Pakistan rose slightly on Friday.   According to data issued...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

Punjab Assembly Passes Bill to Tax Agriculture Income

The Punjab Assembly on Thursday passed the Punjab Agricultural Income Tax (Amendment) Bill 2024. The legislation introdu...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

PSX Announces Top 25 Companies Awards Recipients for 2023

Pakistan Stock Exchange (PSX) has announced the list of Top 25 Companies Awards recipients for the year 2023. The PSX To...

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News Update

15

Nov 2024

Nov 15, 2024 • 5 min read

HBL Chairman Highlights Bank’s Mission to Empower Pakistan Through Technology and Inclusivity

In a recent media meet-up, the Chairman of HBL Bank, Mr. Sultan Ali Allana, highlighted how HBL Bank is making waves in...

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