The price of 24 karat gold witnessed an increase of Rs. 6,600 per tola on Wednesday and was sold at… Read More
Oil Marketing Association Raises Serious Objections Over OCAC’s Role in Petroleum Sector Affairs
The Oil Marketing Association of Pakistan (OMAP) has raised grave concerns over what it terms the “illegitimate and exclusionary conduct”… Read More
CCP Fines British Lyceum Rs. 5 Million for Misleading Ad Claims on Salaries, Affiliations
The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs. 5 million on British Lyceum (Pvt.) Limited for… Read More
Govt Slashes Profit Rates on National Savings Schemes
The Directorate of National Savings has announced a downward revision in profit rates across multiple National Savings Schemes (NSS), with… Read More
Crescent Star Insurance Interested in Buying Rs. 400 Million Property in Karachi
Crescent Star Insurance Limited (PSX: CSIL) Wednesday announced that it is conducting due diligence and in negotiation for the potential… Read More
Rupee Remains in Red Against British Pound, Euro, US Dollar
The Pakistani rupee (PKR) closed in red against the US Dollar (USD), British Pound, and most of the other top… Read More
IMF Pushes Pakistan to Fast-Track Sale of Govt-Owned Entities Like PIA, DISCOs in FY26
Budget consultations between Pakistan and the International Monetary Fund (IMF) for the fiscal year 2025-26 have entered the final phase.… Read More
FBR to Fine Retailers Rs. 5 Million For Evading Taxes Next Fiscal Year
A meeting of the Senate Standing Committee on Finance, chaired by Senator Saleem Mandviwalla, addressed pressing issues regarding sales tax… Read More
Bunny’s Limited to Set Up New Bread Plant in Islamabad
Bunny’s Limited (PSX: BNL) announced on Wednesday that its Board of Directors has approved the installation of a new bread… Read More
Govt to Launch Digital Assets Authority to Regulate Pakistan’s $25 Billion Crypto Market
In a landmark move to embrace the future of finance, the Ministry of Finance has announced the initiation of a… Read More
Govt to Expand Luxury Goods List And Impose 25% Sales Tax On Them in FY26 Budget
The federal government is preparing to expand the list of luxury goods and levy a higher tax on them in… Read More
Power Generation in Pakistan At Highest Level in 4 Years
Power generation in April 2025 surged by 22 percent YoY (highest in 48 months) to 10,513 GWh. The rise in… Read More
