Trending Topics
Pakistan Foreign Reserves See Slight Weekly Increase to $10.214 Billion
Pakistan foreign reserves recorded a slight uptick on a weekly basis, according to the latest data released by the State Bank of Pakistan (SBP). As…
Dubai Islamic Bank New CEO Muhammad Ali Gulfaraz Takes Charge
Dubai Islamic Bank Pakistan Limited has appointed Muhammad Ali Gulfaraz as its new Chief Executive Officer, effective May 2, 2025, strengthening its leadership with his…
Bank Alfalah sells entire Stake in Alfalah Securities
KARACHI: Bank Alfalah Limited (PSX: BAFL) has finalized the complete sale of its subsidiary, Alfalah Securities (Private) Limited, effectively ending its equity involvement in the…
Octopus Digital Faces Sharp Profit Drop in Q1 2025
Octopus Digital Limited (PSX: OCTOPUS) has reported a significant decline in its financial performance for the first quarter ending March 31, 2025. According to the…
FBR Seals Famous Clothing Brand in Karachi for Major Tax Evasion
KARACHI: The Federal Board of Revenue (FBR) has sealed the offices and outlets of a well-known clothing brand, Sowears, in Karachi due to tax evasion…
No Major Sales Tax Relief Expected for Businesses in Budget 2025/26
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial confirmed on Wednesday that the upcoming federal budget (2025-26) will be tough, offering tax relief…
FBR Suggests Tax Relief for Salaried Class in Upcoming Budget
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood confirmed on Wednesday that the upcoming federal budget for 2025-26 will be challenging, offering no sales…
FBR Tax Shortfall Surges to Rs833 Billion Despite Record Tax Measures
ISLAMABAD: The FBR tax shortfall has soared to a staggering Rs833 billion during the first 10 months of the fiscal year, despite the government’s record-high…
BREAKING!! Electricity Bills in Pakistan Likely to Rise This Summer
Electricity bills in Pakistan are expected to rise during the summer months, as lower hydropower production forces greater reliance on expensive fuels. Officials from the…
SBP Prepares for Crucial Monetary Policy Meeting Next Week (Rate cuts?)
The SBP monetary policy meeting has been scheduled for Monday, May 5, 2025, with growing anticipation of a potential interest rate cut, according to local…
Poultry Firms Fined Rs150m for WhatsApp Price Fixing
The Competition Commission of Pakistan (CCP) has imposed a hefty Rs150 million fine on eight leading poultry hatcheries for colluding to inflate chick prices a…
PSX Bloodbath continues as Indian Attack’s Fear grows
The Pakistan Stock Exchange (PSX) witnessed a severe drop on Wednesday morning, with the KSE-100 index losing over 2,500 points as fears of an impending…
