The Prime Minister Muhammad Shehbaz Sharif has directed the formation of three specialized committees to advance Pakistan’s transition towards a… Read More
Govt Issues Alert Against Hackers Breaking Into Cloud Systems Without a Password
The National Computer Emergency Team has issued an advisory warning about a critical authentication bypass vulnerability affecting Cisco Identity Services… Read More
Pace Pakistan Limited to Sell Key Assets in Major Restructuring Plan
Pace (Pakistan) Limited has announced a sweeping restructuring plan that includes asset disinvestments, major equity issuances, and the acquisition of… Read More
Petrol is Getting a Huge Price Increase Soon
High Speed Diesel (HSD) and Motor Spirit (MS) Petrol may rise by Rs. 27/liter and Rs. 21/liter amid regional tensions,… Read More
Govt Eases Transaction Ban for Undeclared Asset Holders Ahead of Budget
The federal government has eased restrictions on high-value purchases by individuals with undeclared assets. The National Assembly Standing Committee on… Read More
K-Electric Likely to Reduce Electricity Price By Rs. 4.69 Per Unit
K-Electric has requested the National Electric Power Regulatory Authority (NEPRA) to approve a Rs. 4.69 per unit cut in electricity… Read More
Govt to Phase Out Electricity Meter Readers And Let Consumers Count Their Units
Prime Minister Shehbaz Sharif has approved a plan to phase out meter readers in all power distribution companies (Discos), except… Read More
PSX Opens Over 2,000 Points Down After US Attack on Iran
The KSE-100 index of the Pakistan Stock Exchange (PSX) opened over 2,000 points down on Monday, a negative change of… Read More
Pakistan’s Inflation Likely to Hit 9-Year Low
Pakistan’s average inflation is expected to fall sharply to 4.51 percent in fiscal year 2024-25, down from 23.41 percent in… Read More
E-Commerce Industry Urges Govt to Rework Harsh Tax Measures in Budget
The Chainstore Association of Pakistan (CAP) and the Pakistan E-Commerce Association (PEA), together with a broad coalition of e-commerce stakeholders—including… Read More
Only 3% of 5 Million Retailers Accept Digital Payments Via POS Machines: SBP
Despite major developments in Pakistan’s digital payments infrastructure, only 151,000 retailers out of over 5 million Micro, Small, and Medium… Read More
Iran Set to Shut Down Strait of Hormuz, Red Sea
Iran is set to completely close off the strategically critical maritime chokepoint famously known as the Strait of Hormuz after… Read More
