News & Updates

News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

Lahore Based CodeNinja Raises $1.6 Million Funding

Lahore-based software development company CodeNinja has raised $1.6 million from sAi Venture Capital and its strategic p...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

NEPRA Hikes Electricity Tariff by Rs. 3.07 Per Unit for December Bills

The National Electric Power Regulatory Authority (NEPRA) on Tuesday notified a Rs. 3.07 per unit increase in the price o...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

SNGPL Seeks 137% Increase in Price of Gas

The Sui Northern Gas Pipelines Limited (SNGPL) has filed a petition before the Oil and Gas Regulatory Authority (OGRA) s...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

Rupee Rises 6th Day in a Row Against US Dollar

The Pakistani rupee appreciated 6th day in a row against the US Dollar today after opening trade at 284 in the interbank...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

Govt Expects Inflation to Decrease Slightly in December

The Finance Division expects inflation, which spiked to 29.2 percent in November, to ease out to 25.5-26.5 percent in De...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

IBA to Introduce Competition Law Module in Directors Training Program

In the meeting held between the delegates of Competition Commission of Pakistan (CCP) and the Institute of Business Admi...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

SIFC-Led IT Delegation Holds Various G2G Meetings With Qatari Officials

Pakistani IT delegation headed by IT Minister Dr Umar Saif held various G2G and meetings with Qatari officials. The dele...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

Price of Gold in Pakistan Falls by Over Rs. 4,000 Per Tola

The price of gold in Pakistan registered a huge decrease on Tuesday and fell below the Rs. 220,000 per tola mark. Accord...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

Pakistani Banks Ignore Climate Change and Human Rights When Lending Money

Pakistani banks have poor policy commitments towards climate change, human rights, gender equality, and labor rights, an...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

Finance Ministry Releases Rs. 17.4 Billion to ECP For General Elections

The Finance division has released Rs. 17 billion to the Election Commission of Pakistan for the conduct of general elect...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

KSE-100 Index Expected to Hit 81,000 Level by December 2024

Arif Habib Limited (AHL), a leading brokerage and investment banking firm, expects the Pakistan Stock Exchange’s benchma...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

746,000 Notices Served to Non-Filers: FBR Tells IMF It Will Cut Defaulters’ Electricity Connections

The Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) that it has issued notices to 746,...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

Sindh is Allotting 52,000 Acres of Agri-Land for Corporate Farming

The caretaker Sindh government has given its approval for the allocation of more than 52,000 acres of state land towards...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

Planning Minister Emphasizes Resolving Issues of Power Sector on War Footing

The caretaker Minister for Planning Muhammad Sami Saeed on Tuesday chaired a meeting to review the progress of the Power...

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News Update

05

Dec 2023

Dec 05, 2023 • 5 min read

OGRA Planning to Build 40,000-Ton LPG Refrigerant Terminals in Karachi

Chairman Oil & Gas Regulatory Authority (OGRA) Masroor Khan said that the regulator is exploring plans to develop liquef...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

FBR to Enter Data-Sharing Deal With Trade Partners to Fight Under-Invoicing

The Federal Board of Revenue (FBR) has decided to enter into agreements on Electronic Data Interchange with the United A...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Cement Sales Decrease by 2.1% in November 2023

Cement sales in Pakistani declined by 2.1 percent in November 2023 on a year-on-year basis, according to the data releas...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

ADB Rates Punjab Irrigation Dept’s Transformation As ‘Less Than Relevant’

The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical assistance for ‘Paki...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

ABHI and Unilever Pakistan Partner to Empower Employees with Earned Wage Access

In a significant move towards empowering employees financially, ABHI, an embedded finance platform, has partnered with U...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

FBR Extends Income Tax Return Filing Date for Its Non-Filer Officers to Dec 6

The Federal Board of Revenue (FBR) has extended the income tax return filing date for its non-filer officers to December...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Gold Price in Pakistan Remains Stable After Gaining Over Rs. 7,000 Per Tola in One Week

The price of gold in Pakistan remained stable on Monday after gaining Rs. 7,100 per tola during the last week. According...

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