Pace (Pakistan) Limited has announced that its board of directors has approved a major restructuring plan, including the conversion of… Read More
NIC Karachi Offers Up to Rs. 5 Million Grant for Startups in Cohort 14
The National Incubation Center (NIC) Karachi has launched Cohort 14, offering startups the opportunity to secure up to Rs. 5… Read More
SBP’s Profit Drops by Rs. 751 Billion in FY25
The State Bank of Pakistan’s (SBP) profitability dropped by a massive Rs. 751 billion, or 21 percent, in the financial… Read More
Islamabad is Going Digital as CDA Makes QR Codes Mandatory for All Payments
The Capital Development Authority (CDA) has decided to introduce a compulsory QR code system across Islamabad to promote a cashless… Read More
3 Electricity Distribution Companies Caught Overcharging Citizens by Rs. 1 Billion
A parliamentary panel was informed that three electricity distribution companies (Discos) allegedly overcharged consumers by more than Rs. 1 billion… Read More
Govt to Slightly Reduce Petrol and Diesel Prices
Petroleum prices are expected to come down by as much as Rs. 3 per litre for the next fortnight, sources… Read More
Govt Proposes New Bankruptcy Law Under Industrial Policy
Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar, announced that the government has proposed a… Read More
Toyota Indus Motors Posts Highest-Ever Annual Profit of Rs. 23 Billion in FY25
Indus Motor Company Limited (INDU) reported a highest ever net profit of Rs. 23 billion for the financial year 2024-25… Read More
Govt Postpones NFC Meeting at Sindh’s Request
The federal government on Thursday postponed the inaugural session of the newly constituted 11th National Finance Commission (NFC) after the… Read More
Senate Panel Seeks End to Regulatory Bodies’ Powers on Salary Hikes
The Senate Standing Committee on Finance and Revenue directed the government to move legal amendments aimed at revoking the authority… Read More
Pakistan Approves Plan to Hand Over Islamabad Airport Operations to UAE in Landmark G2G Deal
The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) on Thursday approved a plan to transfer the management of Islamabad International… Read More
No Double Taxation: FBR, SRB Settle Sales Tax Dispute
In a breakthrough, the federal government and the Sindh government on Thursday signed a joint statement to settle a long-standing… Read More
