Business

FIA Cannot Arrest Loan Defaulters Without Banking Court Ruling
PIA Appoints Aviation Veteran Adrian Hamilton-Manns as New CEO
Pakistan International Airlines (PIA) has officially appointed Adrian Hamilton-Manns as its new Chief Executive Officer (CEO). Consequently, the national carrier welcomes an aviation executive with…
NCCIA Arrests Suspect in Rs2.39 Million Fake Bank Receipt Fraud
The National Cyber Crime Investigation Agency (NCCIA) in Rawalpindi has arrested a suspect and registered a case against two accused in a financial fraud involving…
Pakistan Plans to Convert Eurobond Debt Into Digital Tokens
Pakistan is considering converting its existing Eurobond debt into digital tokens as part of its efforts to explore blockchain technology and modernize the financial sector.…
ABHI Microfinance Bank Plans to Raise Rs 2 to Rs 3 Billion Through IPO
ABHI Microfinance Bank plans to raise between Rs 2 billion and Rs 3 billion through an initial public offering (IPO) of 132 million ordinary shares…
Pensioner Challenges FBR Inactive Status Over Alleged IRIS Tax Error
A senior citizen taxpayer who earns income from a Behbood/pensioner certificate has asked the Federal Tax Ombudsman (FTO) to act against the Federal Board of…
Gold & Silver Prices Slightly Rise As Market Opens Today
Stalled US-Iran negotiations are currently driving significant volatility in precious metals. President Trump recently demanded historical conflict compensation from Tehran. This demand effectively freezes ongoing…
SECP Blocks Inactive Companies From Opening New Bank Accounts
The Securities and Exchange Commission of Pakistan (SECP) on Saturday declared 39,704 companies “Inactive by Registrar” for failing to file annual returns and/or financial statements…
Govt Collects Rs. 4,400 Billion Through Petroleum Levy in Four Years
The federal government has collected approximately Rs. 4,400 billion through the petroleum levy over the past four fiscal years, exceeding its cumulative collection target by…
Govt Revises Petrol Pricing Mechanism to Provide Relief to Consumers
The federal government has approved a revised pricing mechanism for Motor Spirit (MS) petrol amid the Iran-US war, directing oil refineries to pass on the…
Oil Prices Surge Over 2% After Tanker Attack in Strait of Hormuz
Global oil prices climbed more than 2% on Friday, reaching their highest levels since late April, as an attack on a tanker in the Strait…
SBP Proposes Open Banking Rules to Expand Fintech Access to Banking Data
The State Bank of Pakistan (SBP) has released draft Open Banking Regulations for public consultation, proposing a framework that would allow authorized fintech companies and…
OGRA Increases RLNG Prices by Up to 15.3% in October
The Oil and Gas Regulatory Authority (OGRA) has increased regasified liquefied natural gas (RLNG) prices by up to 15.3% for October, raising gas supply costs…



























