Business
Sapphire Fibres Abandons Plan to Buy 75.69% Stake in Rafhan Maize Products
Sapphire Fibres Limited has officially called off its planned acquisition of Rafhan Maize Products Company Limited, citing failed negotiations with the seller. The company notified…
How a JazzCash Loan Case Exposes Cracks in Pakistan’s Digital Finance Machine
Pakistan’s digital finance story is usually told in glossy terms. Financial inclusion. Cashless convenience. Millions brought into the formal economy with a tap on a…
Raast QR Codes Now Mandatory: Pakistan Targets 100% Digital Payments
The days of “cash only” retail are numbered. The Finance Division has drafted a major legal amendment to the “Payment Systems and Electronic Fund Transfers…
Gold and Silver Prices in Pakistan Today, 31st December, 2025
Gold and Silver prices in Pakistan fluctuate frequently based on international market trends. The rates listed here are provided by local gold markets and Sarafa…
Karachi Tax Official Sacked Over 134 Illegal Notices
The Federal Board of Revenue (FBR) has removed a Karachi-based tax official from service after an inquiry found he illegally accessed the FBR’s electronic system,…
Petrol, Diesel Prices Likely to Drop by Rs. 10 from Jan 1
Motor Spirit (MS petrol) and High-Speed Diesel (HSD) prices in Pakistan are expected to see a major cut from January 1, 2026, as falling international…
USD to PKR Exchange Rate on December 30: NBP Issues Updated Bulletin
The Pakistani rupee continued its remarkable run against the US dollar, closing stronger for the 69th consecutive session on Tuesday. The local currency settled at…
Arif Habib Group Plans Fleet Expansion, Revamp PIA Operations
Pakistan International Airlines (PIA) is set for a major transformation following its privatization, with plans to renovate aircraft, improve punctuality, and expand the fleet to…
SBP Buys $9.7 Billion from Forex Market to Stabilize Dollar
The State Bank of Pakistan (SBP) purchased a net $9.7 billion from the domestic foreign exchange market between June 2024 and September 2025, reflecting its…
SBP Brings Climate Risks Into Bank Stress Testing
The State Bank of Pakistan (SBP) has issued new Guidelines on Climate Stress Testing, formally bringing climate-related risks into the country’s financial stress testing framework.…
Pakistan Secures Major ADB Funding for Coastal and Farm Resilience
Pakistan and the Asian Development Bank (ADB) on Tuesday signed two major climate resilience projects worth $304.5 million, aimed at protecting coastal communities in Sindh…
FBR Targets Pakistan’s Leading Actress in Multi-Year Income Tax Evasion Case
Pakistan’s tax authority, FBR, has opened a high-profile case against a leading television and film actress, alleging large-scale income tax evasion spanning several years. The…
