Business
Pakistan Consumes Up to 90,000 Kgs of Gold Annually, Says CCP Study
Pakistan’s gold consumption has reached up to 90,000 kilograms annually, with demand valued between $8 billion and $12 billion, according to the Competition Commission of Pakistan (CCP). Despite this massive volume, more than 90 percent of the country’s gold trade…
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SECP Issues Public Scam Alert on MAG Ventures Investment Scheme
The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert warning citizens about an unauthorized investment scheme run under the name “MAG…
Pakistan-Afghanistan Trade Gets Major Lift with New Tax Concessions
Pakistan-Afghanistan trade is set to improve as both countries move forward with the implementation of tariff concessions under the newly signed Early Harvest Program. The…
Pakistan Inks Historic Oil Deal with U.S., Ending Middle East Reliance
In a landmark energy shift, Pakistan has officially entered the American oil market. This move might signal an onset of new global shifts: breaking away…
Islamabad Set to Become Pakistan’s First Fully Cashless City
Islamabad is on track to become the first fully cashless city in Pakistan, following an ambitious new plan by the Capital Development Authority (CDA) to…
New Custom Valuation Set for Solar Inverters Import
In a recent development, the Directorate General of Valuation, Karachi, has introduced brand new Custom values for 14 different types of Solar panel inverters imported…
Govt Slashes Petrol prices, Huge Decrease Confirmed from Aug 1
In its latest fortnightly review of petroleum prices, the Government of Pakistan has announced a substantial decrease in fuel prices from August 01, 2025. According…
BISP Launches Mobile Wallet App to Boost Cashless Economy
In a high-level workshop held in Islamabad, the Benazir Income Support Programme (BISP) launched its Mobile Wallet Payment Model, marking a significant step toward a…
Will Prices of Aliexpress & Temu Drop after FBR Latest Tax Exemption?
Many Pakistani online shoppers are wondering: Will the prices of AliExpress and Temu finally go down after the Federal Board of Revenue (FBR) suspended the…
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…