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Pakistan’s Power Sector Circular Debt Hits PKR 1.6 Trillion in July 2025
Pakistan’s power sector circular debt stood at PKR 1.6 trillion in July 2025, compared to PKR 2.3 trillion in July 2024. The latest figures highlight…
FBR Goes After 100,000 Influencers Showing Off Wealth Online
The Federal Board of Revenue (FBR) has launched a crackdown on 100,000 influencers and wealthy individuals who are flaunting their wealth on social media platforms.…
Govt Moves Ahead with Reforms to Cut Power Costs
The federal government has taken a major step forward in its power sector reforms by introducing measures designed to cut power costs for consumers. As…
Pakistan’s IT Exports Jump 13% YoY in August 2025, Hit $337 Million
Pakistan’s information technology (IT) export remittances rose 13 percent year-on-year in August 2025, reaching $337 million. The figure compares with $298 million in the same…
Standard Chartered Reports 23% Earnings Decline in H1 2025
Standard Chartered (Pakistan) has reported a 23% drop in profit after tax for the first half of calendar year 2025, as lower domestic interest rates…
NETSOL Sells 241,828 Treasury Shares Under ESOS
NETSOL Technologies Ltd. has announced the sale of 241,828 treasury shares to its employees under the Employees Stock Option Scheme (ESOS) at a price of…
JazzCash Highlights Pakistan’s Drive Toward a Cashless Economy at Money20/20 Middle East
JazzCash highlighted Pakistan’s growing shift toward a cashless economy at the prestigious Money20/20 Middle East forum, where Chief Product Officer Aamir Aftab joined global leaders…
Cars, Cigarettes to Get Costlier as Govt Plans Mini-Budget for Flood Relief
The government is preparing a mini-budget that may burden consumers with higher prices on imported cars, cigarettes, and electronics, aimed at raising revenue for flood…
Amazon Confirms Prime Big Deal Days 2025, Set for October 7–8
Amazon has confirmed that its fall Prime Big Deal Days 2025 will run from October 7 to October 8. The two-day shopping event will be…
Poland to Boost Investment in Pakistan’s Oil, Gas Sector
Poland has shown strong interest in expanding its footprint in Pakistan’s oil and gas sector, where it already holds stakes worth over $100 million. The…
AGP Retracts Rs 375 Trillion Audit Report, Cites Typos
In a surprising U-turn, the Auditor General of Pakistan (AGP) has withdrawn its earlier bombshell report that claimed irregularities of Rs. 375 trillion in federal…
Millat Tractors Profit Falls 40% in FY25 Results
Millat Tractors Limited (PSX: MTL) has announced its financial results for the year ending June 30, 2025, posting a sharp 40.55% drop in profit after…
