Serene Air risks sanctions for 4 grounded aircraft

Four of Serene Air's seven aircraft are currently out of service, causing considerable disruptions to flight schedules and passenger inconvenience

Medical colleges’ tax exemptions cause up to Rs9bn revenue loss, FTO reports

Individual cases of undue tax benefits range between Rs 700 million to Rs 900 million per institution

PIA launches hiring process for new CEO

PIA has placed an advertisement, seeking applications from suitable candidates

Israel signs deal to acquire 25 F-15 fighter jets from Boeing Co

The Israeli defence ministry said on Thursday it had signed an agreement to acquire 25 next generation F-15 fighter jets from Boeing...

TikTok to dissolve Canadian operations amid security concerns

Canada previously banned TikTok on government devices, citing privacy and security risks

Federal govt allocates Rs50bn for Sindh’s emergency housing project  

Funds to support post-flood housing as part of an Rs296 billion national initiative  

Utility Stores Corporation reduces sugar price by Rs13/Kg 

New Rs140 per Kg rate effective immediately following sugar mill rebates

MSCI adds 8 Pakistani firms to Frontier Market Small Cap Index

TRG Pakistan exits Frontier Market Index in latest MSCI review

Cybercriminals exploit retired officer’s account, causing Rs528bn sales tax loss

FTO reveals massive fraud; insider assistance alleged within FBR and PRAL

Gold price in Pakistan for today, November 07, 2024

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

Power companies seek NEPRA’s approval to recoup Rs8.7bn for Q1 FY 2024-25

Consumers to face additional charges for first quarter adjustments as regulator schedules a public hearing on Discos’ petition for November 20
oil tanker

OGRA orders strict safety and branding compliance for petroleum tankers

Oil companies directed to adhere to standards or face penalties

Foreign exchange rates in Pakistan for today, November 07, 2024

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

IMF’s urgent mission scheduled to visit Islamabad from November 11 to 15

Mission to assess fiscal performance and discuss potential corrective measures, including the introduction of a mini budget

Govt raises Rs331.7 billion via Sukuk auction on PSX, exceeding target

Cut-off yields on government Ijarah Sukuk bonds drop significantly as high demand overshadows Rs300bn target