News & Legal Updates

News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Mari Energies Starts Selling Withheld Bonus Shares of Non-Compliant Shareholders

Mari Energies Limited (PSX: MARI) has announced the implementation of directives issued by the Islamabad High Court (IHC...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

P@SHA and ADB Ink Deal to Advance Digital Transformation in Pakistan

In a landmark move set to catalyse Pakistan’s digital transformation, the Pakistan Software Houses Association for IT &...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

How Rising US Interest Rates Could Cause Currency Volatility in Emerging Markets

The US dollar has been serving as the global trade currency for decades. Historically, inflation-driven rapid interest r...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

NEC Set to Meet on June 5 to Approve Development Outlay, Growth Target

The National Economic Council (NEC) meeting is set to be held on June 5 (Thursday) to approve budgetary targets and revi...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

NRSP Removes Sarmayacar From UN-backed $40 Million Climate Fund

By Muazam Ali Tahir The National Rural Support Program (NRSP) has prematurely terminated its prospective partnership wit...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Petroleum Sales Rise by 10% in May Due to High Diesel Demand

Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.53 million tons in May 2025, up 10 percent YoY and 5 perce...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Lahore Metro to Get Solar-Powered With Electric Buses

The Punjab government has approved a comprehensive renovation plan for the Lahore Metro Bus system, with an estimated co...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

CCP Imposes Rs. 375 Billion on Fertilizer Companies

The Competition Commission of Pakistan has taken decisive action against anti-competitive conduct in the fertilizer sect...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Pakistan Crypto Council Forms Technical Committee to Draft Crypto Laws and Regulations

A high-level meeting of the Pakistan Crypto Council (PCC) was held at the Finance Division, chaired by the Federal Minis...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

ECC Empowers Finance Minister to Grant Honorariums to Govt Employees

The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a new policy for the grant of honourarium to...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

ADB Board Ignores Indian Objections and Approves $800 Million Package for Pakistan

The Asian Development Bank (ADB) has outright ignored Indian objections and approved a $800 million financing package fo...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

NA Body Calls for Stronger Oversight to Prevent Disruptions in Rice Exports

The Standing Committee on Commerce Tuesday called for enhanced administrative oversight by the Department of Plant Prote...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Cordoba Logistics Injects Rs. 49.9 Million in Newly Formed Private Subsidiary

Cordoba Logistics & Ventures Limited (PSX: CLVL) has announced the incorporation of a wholly owned subsidiary, Cordoba P...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

PSX Surges Nearly 1,600 Points to Close at All-Time High

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) gained nearly 1,600 points on Tuesday to close at an al...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Peshawar University Demands Rs. 50 Billion in Next Budget

The Joint Action Committee (JAC) of the University of Peshawar has raised serious concerns over the continuous disregard...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Punjab Announces Online Auction of Special Number Plates

The Punjab Information Technology Board (PITB), in partnership with the excise and taxation department, has launched the...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Rupee Falls Under 282 Against US Dollar, Stays Near 382 Against British Pound

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) on Tuesday but in green against British Pound (GBP)....

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Economy to Grow by 4.2% Next Fiscal Year: Planning Minister

The Annual Plan Coordination Committee (APCC) met in Islamabad under the chairmanship of Federal Minister for Planning,...

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News Update

02

Jun 2025

Jun 02, 2025 • 5 min read

Govt Approves Rs. 1 Trillion PSDP Budget for 2025-26

The federal government has set the development budget for the next fiscal year (2025–26) at Rs. 1,000 billion, according...

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News Update

02

Jun 2025

Jun 02, 2025 • 5 min read

PTA Wraps Up LDI License Hearings; Verdict Expected Within Weeks

A meeting of the Senate Standing Committee on IT and Telecom, chaired by Senator Palwasha Khan, convened to discuss a ra...

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