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Business

Asian landlord challenges London council over ‘unlawful’ licensing rules

8 Jul 2025

Asian landlord challenges London council over ‘unlawful’ licensing rules

The properties in question, in Waltham Forest area, was let to a tenants mainly in the middle of 2023.

Pakistan to import 500,000MT of sugar amid rising prices

8 Jul 2025

Pakistan to import 500,000MT of sugar amid rising prices

The decision was approved by the federal cabinet, the ministry said in an official statement

Gold price increases by Rs1,500 per tola in Pakistan

8 Jul 2025

Gold price increases by Rs1,500 per tola in Pakistan

This rise comes a day after gold prices had declined by Rs2,500 per tola on Monday, settling at Rs353,000

Trump announces 25% tariffs on imports from Japan and South Korea

7 Jul 2025

Trump announces 25% tariffs on imports from Japan and South Korea

Says these tariffs are to correct imbalances”

Gold prices see major drop in Pakistan

7 Jul 2025

Gold prices see major drop in Pakistan

The price of gold dropped by Rs2,500 per tola, bringing it down to Rs353,000 in the local market

FBR launches Pakistan’s first AI-based customs clearance system

7 Jul 2025

FBR launches Pakistan’s first AI-based customs clearance system

Launched on the directive of Prime Minister Shehbaz Sharif, the system is designed to promote transparency and streamline import-export procedures

Govt debt climbs to record Rs76 trillion

5 Jul 2025

Govt debt climbs to record Rs76 trillion

On a month-to-month basis, the figure rose by 1.5% compared to Rs74.94 trillion recorded in April.

Gold per tola price up by Rs800 in Pakistan

3 Jul 2025

Gold per tola price up by Rs800 in Pakistan

Meanwhile, silver price per tola increased by Rs55 to reach Rs3,871.

FBR notifies reduction of duties on more then 100 items

2 Jul 2025

FBR notifies reduction of duties on more then 100 items

According to the notification, the regulatory duty on nuts has been reduced by 4 per cent, and the duty on frozen fish has been halved to 17.5 per cent.

Gold prices down by Rs600 to Rs.356,200 per tola in Pakistan

2 Jul 2025

Gold prices down by Rs600 to Rs.356,200 per tola in Pakistan

The price of gold in the international market decreased by $6 to $3,342 from $3,348.

Shares at PSX hit all-time high as KSE-100 crosses 130,000-point benchmark

2 Jul 2025

Shares at PSX hit all-time high as KSE-100 crosses 130,000-point benchmark

Pakistan’s inflation rate eased to 3.23% year-on-year in June 2025.

Gold price up by Rs6,600/tola in Pakistan

1 Jul 2025

Gold price up by Rs6,600/tola in Pakistan

The price for 10 grams of gold also surged to Rs305,898.

PSX crosses 128,000 mark as bullish momentum continues into FY2025-26

1 Jul 2025

PSX crosses 128,000 mark as bullish momentum continues into FY2025-26

The PSX had already ended the final session of FY2024-25 on a high.

FBR offices open until midnight as fiscal year ends today

30 Jun 2025

FBR offices open until midnight as fiscal year ends today

In addition to internal measures, the FBR has also instructed all banks to transfer collected taxes on the same day to avoid backlogs.

Gold price rises Rs800 per tola in Pakistan

30 Jun 2025

Gold price rises Rs800 per tola in Pakistan

On the global front, gold also saw an uptick, with the international price reaching $3,282 per ounce

OGRA announces gas price hike for domestic, commercial users

29 Jun 2025

OGRA announces gas price hike for domestic, commercial users

This move comes as another blow to inflation-hit households across Pakistan.

Pakistan launches crypto diplomacy with strategic Bitcoin reserve

29 Jun 2025

Pakistan launches crypto diplomacy with strategic Bitcoin reserve

The move reflects Pakistan’s commitment to adopting decentralized financial systems as part of its broader economic strategy.

Govt to abolish Rs35 PTV fee in electricity bills

29 Jun 2025

Govt to abolish Rs35 PTV fee in electricity bills

Prime Minister Shehbaz Sharif is expected to formally announce the decision soon

SBP announces bank holiday on July 1

27 Jun 2025

SBP announces bank holiday on July 1

SBP has notified the public holiday.

Gold price gains Rs1,335 per tola in Pakistan

26 Jun 2025

Gold price gains Rs1,335 per tola in Pakistan

The price of gold per tola settled at Rs356,000

Pakistan govt to temporarily suspend bank accounts of tax evaders from July 1

26 Jun 2025

Pakistan govt to temporarily suspend bank accounts of tax evaders from July 1

This provision, introduced through Section 14AC of the Sales Tax Act, reflects a more balanced enforcement strategy aimed at encouraging voluntary compliance rather than immediately imposing harsh penalties.

China rolls over Pakistan's $1.8 billion loan

25 Jun 2025

China rolls over Pakistan's $1.8 billion loan

The loan is rescheduled to ease IMF pressure.

Gold price falls Rs3,800 per tola in Pakistan

24 Jun 2025

Gold price falls Rs3,800 per tola in Pakistan

The price of 10-gram gold also fell, down by Rs3,258 to Rs303,810

Shares gain more than 6,500 points after Iran-Israel ceasefire

24 Jun 2025

Shares gain more than 6,500 points after Iran-Israel ceasefire

However, global shares and the dollar declined despite the truce.

Three tankers divert away from Strait of Hormuz amid rising tensions

23 Jun 2025

Three tankers divert away from Strait of Hormuz amid rising tensions

The diversions come amid rising concerns that Iran might retaliate in the strategic waterway following recent US airstrikes on its nuclear infrastructure

Fund manager Pinebridge implicated in $150 million fraud

22 Jun 2025

Fund manager Pinebridge implicated in $150 million fraud

Legal experts described the decision as a landmark in Pakistan’s corporate law

Afghanistan sees 500% surge in air traffic amid Iran-Israel conflict

21 Jun 2025

Afghanistan sees 500% surge in air traffic amid Iran-Israel conflict

The uptick in traffic is proving financially advantageous for the Taliban government, which is reportedly collecting $700 per flight in overflight fees through intermediaries

Govt launches EV policy 2025–30, sets 30% electric vehicle sales target

19 Jun 2025

Govt launches EV policy 2025–30, sets 30% electric vehicle sales target

The proposed shift is estimated to conserve 2.07 billion litres of fuel annually, translating into foreign exchange savings of nearly $1 billion

Cyberattack cripples state-owned bank in Iran

17 Jun 2025

Cyberattack cripples state-owned bank in Iran

A hacking group linked to Israel has claimed responsibility for the attack

Gold price in Pakistan continues downward trend

17 Jun 2025

Gold price in Pakistan continues downward trend

In contrast, silver prices rose, with the per tola rate increasing by Rs69 to reach Rs3,856

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