Business
Salaried individuals in Pakistan paid Rs85 billion in income tax during the first two months of fiscal year 2025-26, showing a 21% jump from Rs70 billion collected in the same period last year. Read more: Gold Prices Break New Records in Pakistan, Global Markets According to provisional figures from
Business
Gold prices soared to another record high in Pakistan on Friday, reflecting a global upswing that has seen the precious metal break new barriers. Data from the All Pakistan Sarafa Gems and Jewellers Association showed that the price of 24-karat gold per tola jumped by Rs1,200, touching Rs377,
Business
Several major foreign currencies posted slight gains against the Pakistani Rupee in the open market on September 5, 2025, with notable upticks in the British Pound, Euro, and Gulf currencies. The British Pound (GBP) was bought at Rs 381.30 and sold at Rs 383.30, reflecting continued strength amid
Business
The Pakistan Stock Exchange (PSX) extended its record-breaking run on Friday as investors continued to fuel a sharp upward rally. The KSE-100 Index soared to 153,587 points at the opening, marking another milestone for the country’s financial markets. The rally gained pace with an opening surge
Business
The State Bank of Pakistan has reported an increase in its foreign exchange reserves, which rose by 28 million dollars over the past week. As of August 29, 2025, the central bank’s reserves stand at 14.30 billion dollars, showing a steady upward trend. Read more: Gujrat Flooded After
Business
Pakistan has taken a major step toward launching 5G services, as the Frequency Allocation Board has freed over 600 MHz of spectrum for the upcoming next generation mobile services auction. This progress comes after extensive coordination with the defense sector, re-farming of existing services, and efforts to clear unauthorized
Business
Flour prices in Peshawar have surged by Rs20 per kilogram, reaching Rs120 in the retail market, following fresh supply constraints and market manipulation. According to market sources, the price of flour has climbed from Rs100 to Rs120 per kilogram in recent days, marking a steep rise for households already struggling
Business
The International Monetary Fund (IMF) has raised concerns over Pakistan’s public financial management, pointing out nine major shortcomings that continue to undermine fiscal discipline. According to the IMF’s Corruption and Diagnostic Assessment Report, Pakistan’s budgetary system suffers from weak monitoring, poor project planning, and governance gaps. It
Business
Systems Limited and Mashreq have announced the renewal and expansion of their strategic technology partnership, reinforcing a shared commitment to accelerating digital transformation across Pakistan’s banking sector. This milestone marks two years of collaboration and reflects the high-impact outcomes achieved through the engagement of Systems Limited’s dedicated
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American entrepreneur Arthur Zilberman launched Interactive Vision Solutions, a New York City-based company that provides professional audio-visual services to businesses. This step reflects Zilberman's continued interest in technology services, with a focus on adapting to the evolving needs of modern workplaces. Arthur was born in Minsk,
Business
The Pakistan Stock Exchange (PSX) extended its record-breaking streak on Thursday, as the KSE-100 Index gained over 700 points during early trading hours. At 10am, the benchmark index stood at 152,974.07, up 772.20 points or 0.51%, after hitting an intra-day peak of 153,
Business
Habib Bank Limited (HBL) has launched a new car financing scheme, offering the industry’s lowest fixed markup rate of 9.99%. The offer applies to all new and locally manufactured vehicles, giving customers an affordable way to purchase their dream cars. Read more: Sindh Expands Maternal Support Scheme, Increases