Lahore High Court approves NCPL-NCL share swap scheme, dividend expected from Dec

NML transfers NCL shares to Shahzad Saleem in exchange for increased stake in NCPL

Over 62% of sales tax revenue collected from 15 sectors, reports FBR

Power sector leads the list, contributing 22.5% of the total domestic sales tax due to increased power tariffs

Pakistan faces $100 billion loss from climate change in two decades

Experts warn of growing climate and mercury pollution challenges at SDPI conference

Declining credit profile drives foreign banks out of Pakistan

Local banks grow more competitive and focus on innovation and supporting various sectors like healthcare, exports, and education

Hostage situation: FBR team held by wedding hall staff

After several hours, negotiations led to the release of all FBR officials

PSMA seeks approval for additional sugar exports, citing a surplus of over 1.08 million tons

The government advised the industry to fulfill its current 790,000-ton export quota before considering further approvals

Urea prices may spike by Rs100 due to IMF conditions

The federal government will announce adjusted tariff rates semi-annually to meet Sui companies' revenue needs., IMF report

Gold price in Pakistan for today, November 08, 2024

Gold prices in Pakistan fluctuate frequently based on international market trends. The rates listed are provided by local gold markets and Sarafa...

Foreign exchange rates in Pakistan for today, November 08, 2024

The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange rates bulletin on Friday.

Govt mulls up to Rs8 cut in electricity prices for winter

Three-month relief package aims to boost consumption; final nod awaits IMF approval 

FBR receives record 5.2 million tax returns for 2024, up 76% from last year

With extended deadlines, FBR reports a significant rise in tax returns and payments, but notes an increase in nil-filers

Pakistan’s remittances surge by 24% to $3 billion in October 

Total remittances recorded $11.8 billion, up by 35%, in the first four months of FY2024-25 

Qatar defers five LNG cargoes to 2026 amid Pakistan’s reduced demand

Government reschedules LNG deliveries as lower gas consumption eases pressure

Reko Diq Mining Company to use PIBT’s port facility for cargo handling

Collaboration will allow Reko Diq to use PIBT’s terminal infrastructure, subject to final agreements and regulatory approvals

Sapphire Electric raises concerns over coercive push to end power contracts

IPPs seek a level playing field amid ongoing talks on capacity payments  Â