OGDC Crosses Rs1 Trillion Market Cap After Historic Pak-US Oil Deal
The Oil & Gas Development Company (PSX: OGDC) has officially surpassed a Rs1 trillion market capitalization following a breakthrough oil exploration agreement between Pakistan and…
Ministry of Commerce Accused of Rs9.47B Financial Irregularities
The Ministry of Commerce has come under scrutiny for financial mismanagement totaling Rs9.47 billion during the 2023–24 fiscal year. The Auditor General of Pakistan highlighted…
Federal Board of Revenue Takes Step to Settle GB Tax Dispute
The Federal Board of Revenue (FBR) has formed a seven-member committee to address tax concerns in Gilgit-Baltistan (GB). This move follows a ten-day protest by…
Meta Q2 2025 Earnings Beat Expectations with AI-Driven Ad Growth
Meta Q2 2025 earnings surpassed Wall Street expectations on Wednesday, driven by artificial intelligence improving the company’s advertising system. The US-based tech conglomerate posted a…
Microsoft Market Cap Hits $4 Trillion After Strong Q4 Earnings
Microsoft market cap hit $4 trillion in after-hours trading on Wednesday following better-than-expected earnings in the April to June quarter, driven by rapid expansion in…
Pakistan Insulin Import from Russia Gains Momentum with Joint Ventures
Pakistan is moving ahead with its plan to boost insulin import from Russia through collaborative ventures between pharmaceutical companies from both countries. A high-level meeting…
SBP Selects Design for New Currency Notes
The State Bank of Pakistan (SBP) has finalized the design for Pakistan’s new currency notes, as announced by SBP Governor Jameel Ahmad during a press…
Trump Seals Trade Deal with Pakistan, Slaps Heavy Tariffs on India
WASHINGTON: U.S. President Donald Trump announced today (July 31st) the completion of a bilateral trade agreement with Pakistan, looking forward to a strategic energy partnership…
FBR Exempts Foreign‑Supplied Digital Goods from 5% “Digital Presence” Tax
In a move that surprised many, the Federal Board of Revenue (FBR) has suspended the 5% Digital Presence Proceeds Tax on foreign-supplied digital goods and…
SBP Keeps Monetary Policy Rate Steady at 11%
The State Bank of Pakistan (SBP) has opted to maintain the monetary policy rate at 11 percent, citing a mix of easing inflation, emerging risks…
Rs53 Billion Refund for Electricity Consumers on the Cards
The government is preparing to issue electricity refunds for consumers amounting to Rs53.4 billion across the country, including for K-Electric customers. The adjustment is part…
FBR Enforces 18% Sales Tax on Cotton Imports
The Federal Board of Revenue (FBR) has imposed an 18 percent sales tax on cotton imports after previously withdrawing sales tax exemption on imported cotton…

