SBP, all banks to observe holiday on May 28
KARACHI – The State Bank of Pakistan (SBP), all banks and financial institutions will remain closed on Wednesday, 28 May 2025 on the occasion of Youm-e-Takbeer. “The State Bank of…
Kitchen items’ prices decrease by 0.29pc
ISLAMABAD – The weekly inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.29 percent for the combined consumption groups during the week ended on May 22, Pakistan Bureau…
10th Int’l Solar Energy Meet kicks off at Expo Centre Lahore
Lahore – The 10th International Solar Energy Meet officially opened on Friday at the Expo Centre Lahore, bringing together more than 500 leading national and international solar companies under one…
Nepra approves dollar-based return for KE despite federal opposition
ISLAMABAD – Despite concerns and strong opposition from the federal government and other stakeholders, the National Electric Power Regulatory Authority (NEPRA) has once again approved a dollar-based return on equity…
Gold prices increase Rs3,500 to Rs351,000 per tola
ISLAMABAD – The price of 24 karat per tola gold witnessed an increase of Rs3,500 on Friday and was sold at Rs351,000 against its sale at Rs347,500 on the previous…
PSX witnesses bearish trend, loses 50.37 points
ISLAMABAD – The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Friday, losing 50.37 points, a negative change of 0.04 percent, closing at 119,102.67 points as…
Rupee gains 9 paisa against dollar
ISLAMABAD – The rupee on Friday appreciated by 09 paisa against the US dollar in the interbank trading and closed at Rs281.97 against the previous day’s closing of Rs282.06. However,…
SBP launches nationwide campaign to promote digitalisation of payments in cattle markets
ISLAMABAD – The State Bank of Pakistan (SBP), in collaboration with 22 leading commercial banks, is launching a nationwide campaign to promote the digitalisation of payments in cattle markets. Running…
SECP grants regulatory relaxation to NBMFCs for participation in ACAG
ISLAMABAD – In line with its commitment to advancing financial inclusion, the Securities and Exchange Commission of Pakistan (SECP) has approved regulatory relaxation for Non-Banking Microfinance Companies (NBMFCs), enabling their…
CAT remands sugar mills case to CCP for rehearing
ISLAMABAD – The Competition Appellate Tribunal (CAT), while deciding the appeals filed by the Pakistan Sugar Mills Association (PSMA) and its member mills, has remanded the case to the Competition…
