Business
Pakistani Rupee Gains Slightly Against US Dollar in Intra-Day Trading
The Pakistani rupee posted a modest gain against the US dollar in intra-day trading on Wednesday, offering a brief moment of relief in what has been a turbulent currency environment. According to market data, the slight appreciation came as demand…
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Bank of Balochistan Approved to Boost Provincial Economy
In a major step towards economic independence, the provincial government has approved the establishment of the Bank of Balochistan, addressing a long-standing demand of the…
SECP Mandates Digital Payments for All Entities by Oct 2025
Pakistan has taken another major step toward a cashless economy. The Securities and Exchange Commission of Pakistan (SECP) has directed all regulated entities to mandatorily…
SBP Opens Fintech Sandbox for Innovative Solutions
The State Bank of Pakistan (SBP) has opened applications for the first cohort of its Regulatory Sandbox (RSB), aiming to drive innovation in Pakistan’s financial…
Pakistan Sees 59% Jump in July Foreign Inflows
Pakistan began the new fiscal year with a strong rise in foreign inflows, recording $695 million in July, marking a 59 percent increase compared to…
Pakistan IT Exports Hit Record $354 Million in July
Pakistan IT exports climbed to an all-time high of $354 million in July, showing a 24 percent year-on-year rise and a 5 percent month-on-month increase,…
Haball Secures PSO/PSP Approval to Transform B2B Payments
Pakistan’s leading fintech company Haball, the country’s largest non-banking corporate aggregator, has secured in-principle approval (IPA) from the State Bank of Pakistan (SBP) for a…
BISP Digital Wallet Launched to Benefit 10 Million Families in Pakistan
The BISP Digital Wallet launch by Prime Minister Shehbaz Sharif marks a historic moment for Pakistan. 10 million beneficiaries will now receive support directly into…
Islamabad Car Token Tax to Rise Following Cabinet Decision
The Federal Cabinet has approved revisions to token tax rates for vehicles in Islamabad after a gap of six years. The decision is expected to…
Punjab Borrows Rs405bn In One Month, Raising Concerns Over Fiscal Stress
Punjab loan surge has put new pressure on provincial finances as the province recorded heavy borrowing in the opening weeks of the fiscal year. The…
FBR Ends QR Code Requirement for IRIS Login
The Federal Board of Revenue (FBR) has officially suspended the requirement for taxpayers to log in to the IRIS login system using a QR code.…
CDA Hikes Water and Sewerage Charges in Islamabad
The Capital Development Authority (CDA) has decided to raise water and sewerage charges in Islamabad. The CDA board has approved the hike in water and…
Al-Ghazi Tractors Swings to Rs75m Loss in H1 2025
Al-Ghazi Tractors Limited (PSX: AGTL) has reported a net loss of Rs75.15 million for the half year ending June 30, 2025, a sharp downturn from…
E Commerce Tax Debate Escalates As Senate Panel Demands Clarity
The Senate Standing Committee on Information Technology and Telecommunication has raised urgent questions about recent tax notices that target small online sellers. The panel said…