Gold Prices Hit Another Record High in Pakistan
The price of 24-karat gold per tola surged by Rs. 4,100 on Tuesday, reaching a new all-time high of Rs. 388,100, compared to Rs. 384,000 the previous day, according to…
Pakistan’s 2025 Monsoon Floods Inflict Rs. 409 Billion in Economic Losses
The devastating monsoon floods of 2025 have caused extensive economic damage across Pakistan, with initial estimates placing total losses at Rs. 409 billion ($1.4 billion), equivalent to 0.33% of the…
US Companies Show Interest in Pakistan’s Energy Sector Amid Political Buzz
The top US diplomat in Pakistan has stated that American companies are showing “strong and growing interest” in Pakistan’s oil, gas, and minerals sector, following surprising remarks by former US…
Pakistan Restricts Used Car Imports, Imposes 40% Tariff to Protect Local Auto Industry
The government of Pakistan has announced a ban on the import of accidental and low-quality used cars and will impose a 40% tariff on commercial imports of used vehicles starting…
Punjab Borrows Rs. 405 Billion in Just 38 Days Under CM Maryam’s Leadership
In the first 38 days of the current fiscal year (July 1 to August 8, 2025), Punjab has emerged as the largest borrower among all provinces, securing a massive Rs….
Pakistani Rupee Gains Slightly Against US Dollar; Mixed Trends in Other Currencies
On Friday, the Pakistani Rupee (PKR) appreciated slightly by 02 paisa against the US Dollar (USD) in interbank trading, closing at Rs. 281.90, compared to the previous day’s rate of…
HEC Causes Rs. 130 Million Loss Through Overpriced Laptop Purchase
The Auditor General of Pakistan (AGP) has uncovered significant financial irregularities in the federal government’s expenditures for the fiscal year 2024-25. A notable revelation includes the Higher Education Commission (HEC)…
FBR Introduces Strict Measures Against Non-Compliant Sales Taxpayers
The Federal Board of Revenue (FBR) has implemented tough new measures targeting sales taxpayers who refuse access to their business premises for monitoring by tax officers. Under the updated Sales…
Pakistan Meets IMF Loan Maturity Condition to Ease Fiscal Pressure
Pakistan has achieved a key milestone in meeting the International Monetary Fund’s (IMF) requirement to extend the average maturity timeline for both domestic and external loans. This move aims to…
Government’s Rs. 250/USD Target Faces Setback as Dollar Stays Above Rs. 280
The government’s efforts to stabilize the US dollar at Rs. 250 appear to be failing, as the greenback continues to trade above Rs. 280 in both interbank and open markets….
