News & Updates

News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

Gold Price in Pakistan Falls by Over Rs. 3,000 Per Tola in Two Days

The price of gold in Pakistan posted its second straight decline on Friday to settle at Rs. 284,700 per tola. According...

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

PSX Posts Fifth Highest 1-Day Gain in History, up Nearly 1,900 Points

The 100-Index of the Pakistan Stock Exchange (PSX) gained 1,893.08 points to close at 90,859.85 points on Friday.  Accor...

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

Govt Increases LPG Prices for November

The Oil and Gas Regulatory Authority (OGRA) has increased the price of indigenous liquefied petroleum gas (LPG) by Rs. 2...

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

Agriculture Committee Fixes Crop Production Target for Rabi Season FY25

Federal Committee on Agriculture (FCA) has fixed crop production targets for Rabi 2024-25. FCA’s meeting for Rabi Season...

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

Internationally Acclaimed Burger Chain is Finally Coming to Pakistan

Middle Eastern burger chain Salt has announced plans to expand into Pakistan with its Wagyu beef burgers, the company re...

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

Govt Decides Not to Extend Return Filing Date As Deadline Passes

The Federal Board of Revenue (FBR) has decided not to extend the income tax return filing deadline beyond October 31 for...

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

Weekly Inflation Stays Near 15%

The Sensitive Price Index (SPI) based inflation for the week ended October 31, 2024, increased by 0.10 percent says Paki...

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

National Tariff Policy: Consultative Process Launched to Boost Exports

Federal Parliamentary Secretary for Commerce Dr. Zulfiqar Bhatti announced that swift measures are being taken to boost...

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

FBR Tax Revenue Shortfall Increases to Rs. 192 Billion in 4 Months

The Federal Board of Revenue (FBR) has collected Rs. 878 billion during October 2024 against the assigned target of Rs....

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News Update

01

Nov 2024

Nov 01, 2024 • 5 min read

ECC Approves Rs. 2.9 Billion Funding for e-Passport Systems

Federal Minister for Finance Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Ca...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

K-Electric Consumers Likely to Get Tiny Relief in Upcoming Electricity Bills

K-Electric has requested the National Electric Power Regulatory Authority (NEPRA) to pass a reduction of 16 paisas per u...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

Govt Posts Highest Ever Petroleum Levy Collection for First Quarter of Any Fiscal Year

The federal government has managed to collect the highest-ever petroleum development levy (PDL) in the first quarter of...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

Profit-Taking Continues as PSX Loses Over 1,300 Points

The 100-Index of the Pakistan Stock Exchange (PSX) continued its bearish trend on Thursday, losing 1,319.80 points to cl...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

FBR to Disburse Rs. 32 Billion Sales Tax Refunds to Exporters 

The Federal Board of Revenue (FBR) on Thursday said that the board will disburse Rs.32 billion pending sale tax refunds...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

SBP Launches Business Idea Competition to Promote Women Entrepreneurship

In order to promote women entrepreneurship, the State Bank of Pakistan (SBP) has launched a competition encouraging aspi...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

Climate Change Could Cut Pakistan’s GDP by 21% by 2070: ADB

Climate change could cut Pakistan’s gross domestic product (GDP) by 21.1 percent by 2070 under a high-end emissions scen...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

SECP Issues Position Paper to Enable Startup Friendly Ecosystem

Recognizing the importance of a strong Startup friendly eco system in Pakistan, the Securities and Exchange Commission o...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

Govt Hikes Prices of Petrol and Diesel Despite Falling Global Prices

The federal government has announced a slight increase in the prices of petroleum products.  The price of petrol has bee...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

Govt Has Abolished 6,770 Posts At Ministries So Far

The federal government has abolished 4,816 positions from Grade 1 to Grade 22 across various ministries, divisions, and...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

Wafi Energy Becomes Majority Shareholder of Shell Pakistan Limited

Wafi Energy Holding Limited (Wafi Energy) becomes the majority shareholder of Shell Pakistan Limited (SPL) after The She...

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News Update

31

Oct 2024

Oct 31, 2024 • 5 min read

FBR Launches Advance Stock Register System to Stop Tax Evasion

The Federal Board of Revenue (FBR) has launched an advanced Stock Register system via the Information Center 2.0 platfor...

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