The State Bank of Pakistan (SBP) has introduced enhanced collateral and eligibility criteria for improved monetary policy lending operations effective… Read More
SBP Reserves Fall Below $12 Billion Level After Significant Weekly Decline
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by over $200 million on a weekly… Read More
Gold Rate in Pakistan Range-Bound But Goes up Slightly
The price of 24 karat per tola gold increased by Rs. 1,400 and was sold at Rs. 274,000 on Thursday… Read More
CCP Authorizes KCA Deutag Acquisition by HP Global Holdings
The Competition Commission of Pakistan (CCP) has authorized the acquisition of 100% shareholding in KCA Deutag International Limited by HP… Read More
Govt Collected Rs. 808 Billion as Petroleum Levy in First 9 Months of 2024
The federal government has collected over Rs. 800 billion through the petroleum levy from January 2024 till September 2024. According… Read More
Khan Academy Pakistan Launched to Revolutionize Education Through AI
In a groundbreaking move to transform education in Pakistan, Khan Academy, a global leader in free online learning, has officially… Read More
Rupee Up 2nd Day in a Row Against US Dollar, Most Currencies
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 279 in the… Read More
PSO, Azerbaijan’s SOCAR Sign Agreement for Supply of Petroleum Products
The Board of Management of Pakistan State Oil Company Limited (PSX: PSO) has approved the execution of the Sale Purchase… Read More
New Tax Law Amendment Bill Approved: FBR to Pre-Audit Sales, Restrict Lavish Purchases Exceeding Declared Income
The Standing Committee on Finance and Revenue on Thursday unanimously approved the Tax Laws Amendment Bill 2024 which now allows… Read More
Top 5% Wealthiest Pakistanis Owe Rs. 1.6 Trillion in Unpaid Taxes: FBR Chairman
Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Thursday revealed that Pakistan’s top 5 percent earners have evaded… Read More
Minister Denies Dispute with LDI Operators Over Pending Rs. 78.6 Billion Dues
The Minister In-charge of the Cabinet Division informed the National Assembly in a written reply that there is no dispute… Read More
SECP Ceases Guarantees Business of Crescent Star Insurance Limited
The Securities and Exchange Commission of Pakistan (SECP) has ceased the guarantee business of Crescent Star Insurance Limited (Crescent Star)… Read More
