World Business NewsBitcoin falls below $100,000 after U.S. airstrikes in Iran
The cryptocurrency briefly falls to $98,200, erasing about $40 billion in market value, before rebounding to around $101,000
Jun 23, 2025
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World Business News
AutomobileXiaomi set to reveal YU7 SUV prices during june 26 debut
YU7 is Xiaomi’s first SUV and its second electric vehicle model
Jun 23, 2025
World Business NewsFedEx founder Fred Smith, pioneer of overnight delivery, dies at 80
Smith remained executive chairman after stepping down as CEO in 2022
Jun 23, 2025
World Business NewsBritain to launch 10-year industrial strategy next week
Business Minister Jonathan Reynolds announces 275 million pounds for training workers in sectors such as engineering and defence
Jun 23, 2025
HeadlinesFIA suspends 11 officers over corruption collusion with LESCO officials
Action taken after inquiry reports expose corruption in Lahore zone
Jun 23, 2025
HeadlinesAudit report uncovers over Rs200 billion in financial irregularities in KP government accounts
AGP reveals Rs147 billion in non-transparent contract awards, along with fraud, misappropriation, and overpayments across multiple sectors
Jun 23, 2025
HeadlinesPlanning Commission moves to uphold CDWP's authority, bars junior officials from presenting projects
Deputy chairman mandates secretary-level participation by ministries to maintain seriousness of high-stakes meetings
Jun 23, 2025
HeadlinesAudit uncovers over Rs1 trillion financial irregularities in Punjab govt’s accounts: report
AGP reports 12 cases of unauthorized retention of Rs988 billion in non-interest-bearing accounts by autonomous bodies, 14 fraud cases totaling Rs3.1 billion, 50 unauthorized payments worth Rs25.4 billion, 21 mismanagement cases amounting to Rs10.6 billion and 45 mis-procurement cases worth Rs43 billion
Jun 23, 2025
HeadlinesGovt relaxes restrictions on major purchases by individuals with insufficient declared assets
New criteria allow higher purchase limits for cars, property, and bank accounts, as government eases economic transaction bans ahead of budget approval
Jun 23, 2025
HeadlinesPM approves phasing out of meter readers, introduces new app for electricity billing
Meter readers to be replaced with "Apna Meter Apni Reading" app, which will soon be launched to improve the billing process and address overbilling complaints
Jun 23, 2025
HeadlinesFBR unveils Rs36 billion in new taxes to offset revenue loss from solar panel tax cut, salary hike
New tax measures include 10% FED on day-old chicks, 29% tax on dividends from mutual funds, and 20% withholding tax on govt securities profits for institutional investors
Jun 23, 2025
HeadlinesFinancial sector to benefit from AI-based threat modelling
NIBAF and Risk Associates signed a MoU to improve cybersecurity and compliance in Pakistan’s financial services sector
Jun 23, 2025