TechApple receives 6 million rouble fine from Russian court for LGBT content violations
The court issues the fine in two civil cases, each resulting in a 3 million rouble penalty
Jun 11, 2025
Monitoring Report
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HeadlinesSazgar reports higher four-wheeler production and sales in May 2025
Between July 2024 and May 2025, Sazgar's total four-wheeler production stands at 10,104 units, while sales reach 10,495 units
Jun 11, 2025
HeadlinesAir Karachi secures Regular Public Transport license, set to begin operations soon
Backed by business leaders from Karachi, airline to begin domestic flights with three aircraft, plans to expand fleet to seven and launch Middle East routes after one-year
Jun 11, 2025
HeadlinesMinimum wage kept unchanged at Rs37,000 in FY26 budget
No raise despite PPP’s demand for Rs50,000 minimum wage
Jun 11, 2025
HeadlinesGovt sets record petroleum levy target at Rs1.47 trillion for FY2025-26
Petroleum levy target raised by 26%, depriving provinces of revenue despite global oil price reductions
Jun 11, 2025
HeadlinesFBR officials to gain expanded authority similar to SHO powers
Taxmen will now have the authority to inspect chartered accountancy and audit firms preparing income tax returns, close unregistered bank accounts, and access the offices of tax advisers and firms where discrepancies in returns are suspected
Jun 11, 2025
HeadlinesIHC clears over Rs 600bn in tax disputes, lifts stay orders in major revenue push
Special division benches dispose of 173 cases in two months, following directives from Acting Chief Justice Sardar Sarfraz Dogar
Jun 11, 2025
HeadlinesPSX maintains bullish momentum as KSE-100 index climbs 383 points to close above 122,000
Trading volume dips but investor confidence remains strong; Sapphire Fibres leads gainers while PIA Holding sees sharpest decline
Jun 10, 2025
World Business NewsDollar holds steady as U.S.-China trade talks continue
Dollar edges up to 144.68 yen, sterling falls by 0.4% to $1.3499, euro inches up to $1.1432, while Australian dollar rises by 0.1% to $0.6527
Jun 10, 2025
World Business NewsOil prices rise as U.S.-China trade talks continue
Brent crude is up 23 cents to $67.27 a barrel, and U.S. West Texas Intermediate crude increases 17 cents to $65.46
Jun 10, 2025
World Business NewsTrade talks with China going well on second day, says U.S. Commerce Secretary
The current round focuses on resolving issues related to rare earth exports and U.S. export controls on high-tech goods
Jun 10, 2025
TechMexico to rule on Google’s alleged ad monopoly by June 17
The case could result in a fine of up to 8% of Google’s annual revenue in Mexico, according to public records
Jun 10, 2025