Former FBR chairman Shabbar Zaidi has been booked by the Federal Investigation Agency for allegedly approving unauthorized tax refunds worth… Read More
Massive Change Coming for Solar Users, Govt’s New Plan Could Cut Your Savings in Half
The government is considering a major revision to the solar net metering regime by reducing the buyback rate from Rs.… Read More
SBP Foreign Exchange Reserves Rise by $16 Million, Reach $14.47 Billion
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $16 million over the past week,… Read More
Customs Seizes Rs. 1.1 Billion Worth of Smuggled Cigarettes in Major Raids
Pakistan Customs has carried out one of its largest anti-smuggling crackdowns with the seizure of over Rs. 1.1 billion worth… Read More
Cement Sector’s Quarterly Profit Jumps to Rs. 37.5 Billion
Pakistan’s listed cement companies reported a profit of Rs. 37.5 billion in 1QFY26, up 20 percent quarter-on-quarter and 55 percent… Read More
Askari Bank Ltd Posts Record Quarterly Profit of Rs. 7.5 billion
Askari Bank Limited (AKBL) posted a record profit after tax (PAT) of Rs. 7.5 billion for 3QCY25. It translated into… Read More
CDA Issues Notice to Illegal Housing Scheme in Islamabad
The Capital Development Authority (CDA) has issued a show-cause notice to an illegal housing scheme, Nilore Homes, located in Zone… Read More
Pakistan Receives Largest-Ever US Crude Oil Shipment
Pakistan has received the largest-ever US crude oil shipment to dock at a local port. The vessel MT Pegasus, carrying… Read More
Pakistan to Receive $250 Million Climate Funding for Glacier-fed Rivers
Pakistan is set to benefit from $250 million in new climate financing approved by the Green Climate Fund. The funding… Read More
NBP Posts Record Quarterly Profit of Rs. 23.3 Billion
National Bank of Pakistan (NBP) posted record quarterly profit after tax (PAT) of Rs. 23.3 billion for 3QCY25, translating into… Read More
Bank Deposits Rise 12.3% to Rs. 35.2 Trillion in September 2025
Pakistan’s banking sector continued to show steady expansion, with total deposits rising 12.3 percent year-on-year to Rs. 35.2 trillion in… Read More
PSO Profit Surges 136% to Rs. 9.39 Billion in 1QFY26
Pakistan State Oil Company Limited (PSO) posted a profit after tax (PAT) of Rs. 9.39 billion for the first quarter… Read More
