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SHC dismisses petition against SRB after assurance of no coercive action
KARACHI: The Sindh High Court (SHC) has dismissed a petition that had been moved by English Biscuit Manufacturing Company Pvt...
Retail payments surge to Rs154 trillion
LAHORE: The State Bank of Pakistan (SBP) has released its Payment Systems Quarterly Review for Q2 FY25, revealing a significant...
Short-term inflation falls 0.15pc weekly, 1.26% annually: PBS
ISLAMABAD: Pakistan’s short-term inflation declined by 0.15% compared to the previous week and dropped 1.26% year-on-year, according to the Pakistan...
FBR updates customs values for lead acid batteries imports
KARACHI: The Federal Board of Revenue (FBR) has revised the customs values for the import of lead acid batteries used...
Pakistan to host first Digital FDI event on April 29-30
KARACHI: Pakistan will host its first-ever Digital Foreign Direct Investment (FDI) event on April 29 and 30 to attract international...
Pakistan, Russia reaffirm commitment to strengthening economic ties
ISLAMABAD: On the sidelines of Boao Forum for Asia (BFA) Conference, Pakistan and Russia reaffirmed commitment to strengthening economic and...
FBR transfers 6 senior PCS officers to STRAW with immediate effect
ISLAMABAD: The Federal Board of Revenue (FBR) has officially transferred several senior officers of Pakistan Customs Service (PCS) to the...
Govt to announce lower electricity tariffs soon: FinMin Aurangzeb
ISLAMABAD: Pakistan’s Finance Minister, Muhammad Aurangzeb, has announced that the government plans to lower electricity tariffs soon. Aurangzeb revealed that...
Gas supply to urea plants extended for three months
MULTAN: The government on Wednesday decided to extend the gas supply to urea manufacturing plants for three months, up to...
Traders play vital role in economic growth: Chairman CDA
ISLAMABAD: Chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad Muhammad Ali Randhawa while chairing a ceremony arranged...
PSX, CSE, DSE sign MoU to establish Exchange Forum
ISLAMABAD: In a landmark move to strengthen regional capital market cooperation, the Pakistan Stock Exchange (PSX) has entered into a...
Cabinet committee greenlights plan to expedite privatisation of loss-making PIA
ISLAMABAD: The Cabinet Committee on Privatisation (CCOP) approved an plan to expedite privatisation of Pakistan International Airlines Corporation (PIACL), including...
DG Valuation revises customs values for iron & steel kitchenware
KARACI: The Directorate General of Customs Valuation in Karachi issued Valuation Ruling No. 1988/2025, superseding the previous ruling from 2018....
FBR imposes major penalty on Customs PMBQ Superintendent Raja Jahanzaib Wahid
ISLAMABAD: The Federal Board of Revenue (FBR) has taken strict disciplinary action against Raja Jahanzeb Wahid, a Superintendent (BS-16) at...
IMF allows Pakistan to reduce electricity tariff
ISLAMABAD: The International Monetary Fund (IMF) has allowed the Pakistan government to reduce the electricity tariff by Rs1 per unit....
Pakistan likely to issue Panda Bonds this year, hints FinMin Aurangzeb
BEIJING: Federal Minister for Finance Senator Muhammad Aurangzeb hinted at the potential issuance of Panda Bonds in Chinese yuan by...
Danish $2b investment in port sector moving forward: Junaid Anwaar Chaudhry
KARACHI: Federal Minister for Maritime Affairs Muhammad Junaid Anwaar Chaudhry revealed that Denmark’s $2 billion investment in Pakistan’s port sector...
Pakistan’s foreign exchange reserves drop by $465m: SBP
KARACHI: Pakistan’s net foreign exchange reserves have dropped by $465 million within a week, as per the latest data released...
Gwadar Free Zone set to launch exports with first shipment of Potassium Sulphate
GWADAR: Exports from the Gwadar Free Zone (GFZ) are set to begin, marking a significant step towards making the port...
FBR warns of severe punishments for unauthorized access to taxpayer data
LAHORE: The Federal Board of Revenue (FBR) has announced severe punishments, including imprisonment, for tax officers or officials found guilty...
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