News & Legal Updates

News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

44.7% Pakistanis Living Below Poverty Line: World Bank

The World Bank has updated its international poverty lines as part of a routine global revision to reflect evolving pric...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Agriculture Stumbles But Industry, Services Sectors Rebound in FY25

Pakistan’s GDP grew by 2.7 percent in FY2024-25, falling short of the 3.6 percent target, largely due to a 13.5 percent...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Govt Eyes Shift from Net Metering to Net Billing as Solar Power Surges Beyond Control

The government is planning to transition from net metering to a net billing system as the capacity of net-metered solar...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Proposal to Increase Salaries by 50% and Pensions by 100% Submitted to President

Proposals for a 50% increase in government salaries and a 100% increase in pensions have been submitted to President Asi...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

PM Office to Get Rs. 343 Million Makeover After Budget

The federal government has proposed spending over Rs. 343 million to renovate and upgrade the Prime Minister’s Office an...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

SBP Releases Draft Prudential Regulations for SME Financing for Public Consultation

State Bank of Pakistan (SBP) has made a comprehensive review of the Prudential Regulations (PRs) for SME Financing to pr...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

CCP Grants Exemptions to Boost Innovation and Access in Pharma Sector

In line with its mandate to promote fair competition and protect consumer welfare, the Competition Commission of Pakista...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

PSX Down Marginally Ahead of Next Year’s Budget

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) fell by just over 150 points on Thursday, the last trad...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

NEPRA Allows Partial Write-Off Claims of Rs. 50 Billion To K-Electric

The National Electric Power Regulatory Authority (NEPRA) has issued its decision on K-Electric’s (KE) write-off petition...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

EFERT Shuts Down Plant for 4 Days

Engro Fertilizers Limited (PSX: EFERT) has temporarily shut down its EnVen plant due to unscheduled maintenance, the com...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

SNGPL Holds Corporate Briefing Session for Shareholders and Analysts

Sui Northern Gas Pipelines Limited (SNGPL) conducted its Corporate Briefing Session (CBS) after closure of their financi...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Gold Surges as Price Skyrockets by Over Rs. 11,000 Per Tola This Week

The price of 24 karat gold increased by Rs. 4,300 per tola and was traded at Rs. 358,400 on Thursday as compared to its...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

PTA Raids Mobile Repair Shop Tampering IMEIs And Selling Cloned Phones in Gilgit

The Pakistan Telecommunication Authority (PTA) Zonal Office Gilgit, in close collaboration with the National Cyber Crime...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Horwin Launches in Pakistan: A Bold Leap Toward Electric Urban Mobility

Horwin has officially launched in Pakistan, bringing with it a bold vision for the future of electric mobility. Spearhea...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

The Case for Fairness in Pakistan’s Taxation

By Aman Ghanchi At a time when inflation eats into real income and purchasing power remains under pressure, it is worth...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Govt Plans Tax Relief for Overseas Pakistanis in Property Sector

The federal government is preparing to provide major relief to the real estate and construction sector in the upcoming b...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Khyber Pakhtunkhwa Set to Increase Royalty on Cement

Khyber Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur Thursday held an important meeting today with a delegation comp...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Black Market Premium Returns: Importers Paying Up to Rs. 3 Extra per Dollar

Most Pakistani importers are unable to access foreign currency, and only 20–30 percent of them are being allowed to make...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

Govt Set to Fast-track Legalization of Cryptocurrency in Pakistan

A follow-up meeting of the Pakistan Crypto Council (PCC) was held at the Finance Division today to review progress on th...

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News Update

05

Jun 2025

Jun 05, 2025 • 5 min read

PM Shehbaz to Visit Saudi Arabia on Thursday

Prime Minister Shehbaz Sharif will undertake an official visit to the Kingdom of Saudi Arabia on June 5–6 June, coincidi...

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