News

Aurangzeb calls for competitiveness

Finance Minister Muhammad Aurangzeb emphasised that Pakistan must align competitiveness with sustainability and innovation with inclusion to secure its economic future, as he addressed the opening day of the 9th edition of The Future Summit (TFS) – a well-known thought leadership platform. Speaking at the event, co-hosted by Nutshell Group and the National Bank of Pakistan (NBP) in strategic pa

Stocks retreat at PSX as investors lock in gains, KSE-100 sheds nearly 1,200 points

After initial buying momentum, the Pakistan Stock Exchange (PSX) witnessed a downward trend on Thursday, with the benchmark KSE-100 Index losing nearly 1,200 points during intra-day trading. The market opened on a positive note but soon came under selling pressure, leading to a broad-based pullback as trading progressed. At 10:50am, the benchmark index was hovering at 158,406.27, a decrease

Meezan Bank holds seminar on Islamic Banking

Vice President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) and Convener of the Banking Affairs Committee, Shan Sehgal, attended the Islamic Banking Awareness Seminar organised by Meezan Bank in Hyderabad. The event was attended by a large number of businesspersons, social figures, and representatives from the banking sector. During the seminar, Mufti Muhammad Naveed, Shariah An

FBR extends facilitation to manual income tax filers

The Federal Board of Revenue (FBR) has established dedicated cells in each tax office to provide all necessary legal and technical assistance to taxpayers who were formerly filing manual returns. On Wednesday, the FBR has announced special measures to assist manual income tax filers as part of its ongoing efforts to fully digitize tax operations across Pakistan. With the objective of ensurin

Gas companies: APTMA demands transparency in tariff structures

The All Pakistan Textile Mills Association (APTMA) has called for transparency in the tariff structures of gas companies and demanded a comprehensive framework for full disclosure, verification, and reconciliation of Unaccounted-for-Gas (UFG) and RLNG cost actualisation data. In its intervention request submitted to the Oil and Gas Regulatory Authority (OGRA) ahead of Sui Northern Gas Pipelines