Finance
SBP Reserves Rise to Nearly $16 Billion After Fresh Dollar Inflows
Govt Sets New Date for Utility Stores Closure
The government has revised the timeline for utility stores closure, now setting July 31, 2025, as the new date to cease operations of the Utility…
UBL Workday Now Includes Sunday to Serve Customers Daily
United Bank Limited (UBL) has officially extended the UBL workday to include Sundays, enabling customers to access banking services all seven days of the week.…
PSEB Audit Report Uncovers Major Financial Irregularities
A recent PSEB audit report has uncovered major financial irregularities within the Pakistan Software Export Board, citing issues such as misuse of funds, unsecured advance…
PM Directs Launch of Digital Invoicing System in Urdu
Prime Minister Shehbaz Sharif on Monday stressed that Pakistan’s digital invoicing system must be introduced in Urdu to make it more inclusive and user-friendly for…
ZTBL Refutes Media Reports on Alleged Rs. 11 Billion Loan Losses
Zarai Taraqiati Bank Limited (ZTBL) has strongly refuted recent media reports alleging the loss of loan files worth over Rs. 11 billion. In a statement…
SBP to Roll Out Pilot for Pak’s Own Digital Currency
ISLAMABAD / SINGAPORE: The State Bank of Pakistan (SBP) is preparing to launch a pilot project for a central bank digital currency (CBDC). SBP Governor…
Money Link Exchange Ceases Operations in Pakistan
Money Link Exchange has ceased its operations in Pakistan after its license was revoked by the central bank, following the company’s own request. The State…
Govt Confirms 7% Pension Increase From This Date
The Finance Division has formally announced a 7% pension increase, effective from July 1, 2025, for all civil pensioners of the Federal Government, including armed…
SECP Imposes Rs425M Penalties for Compliance in FY2024-25
The Securities and Exchange Commission of Pakistan (SECP) has reaffirmed its commitment to promoting a proactive compliance culture by concluding 1,761 adjudication proceedings during the…
How to Apply for SBP Cyber Risk Officer & SBOTS 28th Batch ( Application Details Inside)
The State Bank of Pakistan (SBP) is inviting applications for its two flagship recruitment programs: the SBP Cyber Risk Officer scheme and the State Bank…
Pakistan Railways Plans New Fare Hike Due to Rising Diesel Costs
As rising fuel prices continue to strain its budget, Pakistan Railways is considering another round of fare hikes to offset significant financial losses, officials confirmed…
Pakistan Inflation Rate Drops Sharply in FY2025
ISLAMABAD: The Pakistan inflation rate for FY2025 dropped significantly to 4.49%, compared to a staggering 23.21% in fiscal year 2023-24, according to fresh data released…
