News & Updates

News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Extra Costs: North Punjab Millers Refuse To Supply Flour At Govt Rates

Flour mills from Punjab and Islamabad have refused to supply wheat flour to the market produced from government-procured...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

FIA Arrests Customs Officer Allegedly Involved in Dollar Smuggling

The Federal Investigation Agency (FIA) has apprehended two individuals including a Customs officer for their alleged inv...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Pakistan Banks’ Association Conducts Trade-Based Money Laundering Training

Delivering upon its commitment to further strengthen the financial sector against local and global trade risks, Pakistan...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Agriauto Industries Ltd Again Extends Partial Shutdown in December

Agriauto Industries Limited (PSX: AGIL) has announced a partial shutdown amid reduced production volumes of its major cu...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Another Day, Another High: KSE-100 Crosses 61,000 Mark With 1,160 Points Gain

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Friday, surging past the previous record of 60,531 a...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Xiaomi Unveils Redmi 13C: A Powerhouse for Gen Z’s Creativity

Xiaomi today announced the all-new Redmi 13C, offering outstanding entertainment and photographic experiences to satisfy...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Kinnow Exporters Concerned As Afghanistan Hikes Customs Duty by 43%

The Afghan government has increased the customs duty on kinnow imports starting from November 27, causing a ripple effec...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Weekly Inflation Stays Above 40% for Third Straight Week

Annual short-term inflation remained above 40 percent for the third straight week, driven by the increase in gas prices,...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

SIFC-Led IT Delegation All Set to Visit Qatar

A top IT companies’ delegation led by the Special Investment Facilitation Council (SIFC) will visit Qatar from the 2nd t...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Caretaker Cabinet Members Fail to Submit Asset Details to ECP

Several cabinet members of the caretaker federal government have failed to submit details of their assets, official sour...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Govt Likely to Privatize 24 State Owned Entities Including Electricity, Gas Companies

The caretaker federal government will likely privatize 24 state-owned entities in the second phase of its privatization...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Cotton Market Under Pressure Amid Textile Crisis and Upcoming Holiday Season

Cotton Spot Prices have declined by Rs. 500 in a week from Rs. 17,500 to Rs. 17,000 per maund amid a slow demand and amp...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Gold Price in Pakistan Drops Slightly But Set to Post Another Weekly Increase

The price of gold in Pakistan went down slightly on Friday to settle at Rs. 220,500 per tola. According to the data rele...

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News Update

01

Dec 2023

Dec 01, 2023 • 5 min read

Inflation in Pakistan Spikes to 29.2% in November

Inflation, measured by the Consumer Price Index (CPI), surged by 29.2 percent year-on-year in November 2023 as compared...

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News Update

30

Nov 2023

Nov 30, 2023 • 5 min read

Standard Chartered Announces Winners of WomenInTech Cohort 5

Standard Chartered Bank (SCBPL), in partnership with INNOVentures Global (Private) Limited, announced the winners of #SC...

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News Update

30

Nov 2023

Nov 30, 2023 • 5 min read

Pakistan’s GDP to Collapse, World Bank Makes a Shocking Prediction

Pakistan’s GDP is expected to decrease by a minimum of 18 to 20 percent by 2050 due to severe climate-related occurrence...

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News Update

30

Nov 2023

Nov 30, 2023 • 5 min read

OGRA Increases LPG Price by Rs. 4 Per Kg for December

The Oil and Gas Regulatory Authority (OGRA) has jacked up the price of indigenous liquefied petroleum gas (LPG) by Rs. 3...

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News Update

30

Nov 2023

Nov 30, 2023 • 5 min read

Planning Minister Reviews Progress on Integrated Energy Planning Project

The caretaker Minister for Planning Muhammad Sami Saeed Thursday chaired a meeting to review progress on the Integrated...

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News Update

30

Nov 2023

Nov 30, 2023 • 5 min read

Pakistan Can Save $4.5 Billion by Farming Just One Plant

Pakistan can become self-sufficient in edible oil within a decade if the immense potential of olive farming and millions...

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News Update

30

Nov 2023

Nov 30, 2023 • 5 min read

Chinese Firm Strategically Invests in Pakistan’s Renewable Energy Sector

China-based M/s. CNNP Rich Energy Co. Ltd. strategically invests in Pakistan’s renewable energy sector through its wholl...

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News Update

30

Nov 2023

Nov 30, 2023 • 5 min read

FBR Exceeds 5-Month Tax Collection Target of Rs. 3,480 Billion

The Federal Board of Revenue (FBR) has exceeded both the five-month tax collection target of Rs. 3,480 billion as well a...

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