Business

Is Pakistan’s Islamic Banking really Islamic or just profitable?

Is Pakistan’s Islamic Banking really Islamic or just profitable?

Islamic banking in Pakistan has grown from nothing to a major financial phenomenon in less than four decades. There were…
SBP launches cyber resilience strategy to protect banks’ data

SBP launches cyber resilience strategy to protect banks’ data

As part of its Vision 2028 agenda, the State Bank of Pakistan (SBP) today announced the launch of “Cyber Shield…
Nepra releases new solar regulation 2026 draft amid outcry

Nepra releases new solar regulation 2026 draft amid outcry

The National Electric Power Regulatory Authority (Nepra) has issued a draft of the solar regulation 2026, inviting public feedback within…
Sindh introduces CNIC-based vehicle number plate ownership system

Sindh introduces CNIC-based vehicle number plate ownership system

KARACHI: Sindh has introduced a new vehicle registration system under which car owners will be recognised as number plate holders…
Rs1,500, Rs100 prize bond draws winners announced

Rs1,500, Rs100 prize bond draws winners announced

LAHORE: The National Savings Centre (NSC), Lahore, on Monday announced the winners of the Rs1,500 prize bond draw. The first…
Pakistani firm achieves major oil output boost through new extraction technology

Pakistani firm achieves major oil output boost through new extraction technology

KARACHI: Pakistan’s energy sector has recorded a significant development as a local company achieved a major increase in oil production…
Punjab government announces price relief on oil, ghee for Ramadan

Punjab government announces price relief on oil, ghee for Ramadan

LAHORE: The Punjab government has announced significant price relief on cooking oil and ghee during Ramadan. Following the directives of…
Transporters association announces hike in freight charges

Transporters association announces hike in freight charges

KARACHI: Pakistan Goods Transport Alliance has announced three percent increase in freight charges following an increase in petroleum prices. Talking…
PSX takes heavy hit as KSE-100 plummets 6,000 points

PSX takes heavy hit as KSE-100 plummets 6,000 points

KARACHI: The Pakistan Stock Exchange (PSX) began the new business week on a negative note, continuing the losses from the…
Gold drops to $4,010 globally; falls to Rs523,762 per tola in Pakistan

Gold drops to $4,010 globally; falls to Rs523,762 per tola in Pakistan

KARACHI: Gold and silver prices recorded a notable decline in both international and local markets. In the global bullion market,…
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