Business
FY24: AGP uncovers over Rs1,100bn irregularities across federal institutions
July 8, 2025
FY24: AGP uncovers over Rs1,100bn irregularities across federal institutions
ISLAMABAD: The Auditor General of Pakistan (AGP), in its audit report for the Financial Year 2023–24, has flagged serious financial…
Cabinet approves formation of virtual assets regulatory body
July 8, 2025
Cabinet approves formation of virtual assets regulatory body
ISLAMABAD: The federal cabinet has officially approved the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA), marking a major…
Cabinet okays import of 500,000 tons of sugar to stabilise prices
July 8, 2025
Cabinet okays import of 500,000 tons of sugar to stabilise prices
The federal cabinet has approved the import of 500,000 tons of sugar to address supply-demand imbalances and stabilise prices in…
Pakistan pays off debt worth Rs500b owed to SBP
July 8, 2025
Pakistan pays off debt worth Rs500b owed to SBP
ISLAMABAD: Pakistan has achieved a significant fiscal milestone by successfully retiring 500 billion rupees in debt owed to the State…
Japan, S Korea hit with 25% tariffs as Trump ramps up trade war in letters to leaders
July 8, 2025
Japan, S Korea hit with 25% tariffs as Trump ramps up trade war in letters to leaders
US President Donald Trump began telling trade partners – from powerhouse suppliers like Japan and South Korea to minor players…
Prize Bond winners to face new tax rates starting July 2025
July 8, 2025
Prize Bond winners to face new tax rates starting July 2025
ISLAMABAD: The federal government has officially increased the Prize Bond tax rates along with withholding tax on profits earned through…
PSX surpasses historic 134,000 mark as bullish momentum returns
July 8, 2025
PSX surpasses historic 134,000 mark as bullish momentum returns
KARACHI: Bullish momentum returned to the Pakistan Stock Exchange (PSX) on Tuesday, driving the benchmark KSE-100 Index to a historic…
Rupee sheds value against dollar despite quiet morning start
July 8, 2025
Rupee sheds value against dollar despite quiet morning start
The Pakistani rupee opened Tuesday’s trading session stable against the US dollar in the inter-bank market but slipped later in…
FBR introduces Pakistan’s first AI-based custom clearance, risk management system
July 7, 2025
FBR introduces Pakistan’s first AI-based custom clearance, risk management system
ISLAMABAD: The Federal Board of Revenue (FBR), under the direction of Prime Minister Shehbaz Sharif, has introduced Pakistan’s first-ever Artificial…
$6 billion oil refinery projects poised for revival in Pakistan’s energy sector
July 7, 2025
$6 billion oil refinery projects poised for revival in Pakistan’s energy sector
Pakistan is paving the way for the revival of oil refinery projects worth $6 billion as the government moves to…