News & Updates

News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Petroleum Sales Up 20% in September 2024

The country’s petroleum sales arrived at 1.27 million tons during September 2024, showcasing a jump of 20 percent YoY. T...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

PTA to Open Financial Bids for 5G Consultancy Tomorrow

The Pakistan Telecommunication Authority (PTA) will open financial bids for the 5G consultancy on October 3. Sources tol...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Gold Rate in Pakistan Posts Slight Increase After Multiple Falls

After declining on the first two days of the current week, the price of gold in Pakistan rose by Rs. 600 per tola on Wed...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Last Date for Encashment of Prize Bonds Extended 

The Finance Division has extended the last date for encashment, replacement and conversion of Rs. 40,000, Rs. 25,000, Rs...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Pakistan Has Assembled 20.5 Million Mobile Phones in 2024 So Far 

The local manufacturing/ assembling plants manufactured/ assembled 20.44 million mobile handsets during the first eight...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

PM Authorizes Right-Sizing Committee to Shut Down CPEC Authority

Prime Minister Shehbaz Sharif has authorized the right-sizing committee to shut down the China-Pakistan Economic Corrido...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Govt to Fire All Contingent Paid Staff of Different Ministries

The federal government has decided to fire all contingent paid staff working in different ministries under the ongoing r...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Finance Minister Shares More Bad News For Non-Filers

Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said that non-tax filers will have to face restri...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

SBP Governor Hints At Further Reduction in Interest Rate Due to Declining Inflation

The State Bank of Pakistan (SBP) Governor Jameel Ahmed has indicated a further cut in the monetary policy rate due to th...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Pakistan Signs First Ever Barter Trade Deal With Russia

Two agriculture-focused companies from Pakistan and one from Russia on Tuesday inked a barter trade deal at the inaugura...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Minister of State for Finance Promises Relief in Electricity Prices for Textile Industry

Minister of State for Finance Ali Pervaiz Malik assured All Pakistan Textile Mills Association of giving some relief in...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Concerns Raised as Hearing on PTCL-Telenor Merger Continues

The Competition Commission of Pakistan (CCP) is actively progressing with the Phase II Merger Review of PTCL’s proposed...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

FBR Re-designates Members’ Positions Under Transformation Plan

The Federal Board of Revenue has re-designated members’ positions under the transformation plan. Sources told ProPakista...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Govt Committed to Transform Pakistan into Cashless Economy: Minister

Ambassador of Ethiopia to Pakistan Jemal Beker Abdula called on Minister of State for IT and Telecommunication Shaza Fat...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Crescent Cotton Accepts Rs. 550 Million Offer for its Spinning Unit

Crescent Cotton Mills Limited (PSX: CCM) have accepted a buyer’s offer of Rs. 550 million for its spinning unit located...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

FPCCI Chief Demands Emergency Policy Rate Cut Citing Lower Inflation 

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Atif Ikram Sheikh has demanded that the key pol...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Number of Unique Bank Accounts in Pakistan Jump Four-Fold Since 2018 

State Bank of Pakistan (SBP) Governor Jameel Ahmad Wednesday highlighted that number of unique bank accounts in Pakistan...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

25 Years Strong: Innovative Pvt Ltd and Diebold Nixdorf Celebrate Silver Jubilee

Innovative Pvt Ltd (IPL) and Diebold Nixdorf (DN) marked a significant milestone in their long-standing partnership, cel...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Mari Petroleum Obtains Court Approval to Hold on to More Bonus Shares to Recover Taxes

Mari Petroleum Company Ltd (PSX: MARI) has secured legal backing from the Islamabad High Court (IHC) to recover full wit...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

PSX Gains 162 Points in Volatile Session

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 162.41 more points...

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News Update

02

Oct 2024

Oct 02, 2024 • 5 min read

Dettol Owner Pays Rs. 15 Million Fine Over False Claims in Ads

In compliance with the Competition Commission of Pakistan’s (CCP) order for unsubstantiated claims in advertisements vio...

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