Author: Faisal Shahnawaz

  • Pakistan and Australia discuss cricket tour and illegal immigration cooperation

    Pakistan and Australia discuss cricket tour and illegal immigration cooperation

    Islamabad, November 28, 2025 – Pakistan and Australia held high-level discussions on Friday focusing on curbing illegal immigration and the upcoming visit of the Australian cricket team to Pakistan.

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  • 2026 Hilux Range on Sale from December 9: Price Revealed

    2026 Hilux Range on Sale from December 9: Price Revealed

    Toyota is gearing up to introduce the latest-generation HiLux lineup across Australian dealerships from December 9, with the new model offering a refreshed design, improved comfort, upgraded technology, and enhanced mechanical capability.

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  • 2026 Toyota Corolla Unveiled With More Space and Sleeker Styling

    2026 Toyota Corolla Unveiled With More Space and Sleeker Styling

    The 2026 Toyota Corolla has been officially revealed in China, showcasing a refreshed design, a more spacious interior, and notable upgrades that further strengthen its position as one of the world’s best-selling compact sedans.

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  • Price of Alektra Metro Starts from Rs 1 Million: Features Breakdown

    Price of Alektra Metro Starts from Rs 1 Million: Features Breakdown

    Pakistan’s budget EV segment has received a major boost with the official launch of the Alektra Metro Electric Vehicle lineup.

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  • Food price hike expected to push Pakistan’s November 2025 inflation to 7%

    Food price hike expected to push Pakistan’s November 2025 inflation to 7%

    Karachi, November 27, 2025: Pakistan’s Consumer Price Index (CPI)-based inflation is projected to rise to around 7% in November 2025, driven primarily by increasing food prices, analysts said on Thursday.

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  • Sri Lanka beat Pakistan to secure spot in T20I tri-series final

    Sri Lanka beat Pakistan to secure spot in T20I tri-series final

    Rawalpindi, November 27, 2025: Sri Lanka defeated Pakistan by six runs in a thrilling T20I tri-series clash on Thursday, securing their place in the final. The exciting encounter saw Sri Lanka post a competitive 184/5 in their 20 overs, with Pakistan falling short at 178/7 while chasing.

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  • Pakistan’s forex reserves drop by $133 million: SBP update

    Pakistan’s forex reserves drop by $133 million: SBP update

    Karachi, November 27, 2025 – Pakistan’s total foreign exchange reserves declined by $133 million over the past week, the State Bank of Pakistan (SBP) reported on Thursday.

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  • SBP Releases Daily KIBOR Rates for November 27, 2025

    SBP Releases Daily KIBOR Rates for November 27, 2025

    Karachi, November 27, 2025 – The State Bank of Pakistan (SBP) on Thursday released the latest Karachi Interbank Offered Rates (KIBOR) to facilitate banks, financial institutions, and corporate borrowers. The daily KIBOR announcement provides a benchmark for lending rates used across Pakistan’s interbank market.

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  • SBP directs banks to extend hours for tax collection on November 29

    SBP directs banks to extend hours for tax collection on November 29

    Karachi, November 27, 2025 – The State Bank of Pakistan (SBP) has issued directives instructing commercial banks to observe extended working hours on Saturday, November 29, 2025, to facilitate taxpayers making over-the-counter (OTC) payments of government duties and taxes.

    In an official circular, the SBP announced that all Saturday-opening branches of commercial banks — including National Bank of Pakistan (NBP) branches handling customs-related collections — will remain operational from 9:00 A.M. to 5:00 P.M. on the specified date. The move aims to ease taxpayer burden ahead of monthly and quarterly deadlines.

    The central bank further stated that NBP branches manually collecting government receipts and payments must ensure same-day settlement with their respective SBP-BSC field offices or head office immediately after completing the same-day clearing process.

    To support timely processing, the National Institutional Facilitation Technologies (NIFT) will conduct a Special Clearing at 5:30 P.M. on November 29 for all government-related instruments submitted at bank counters. NIFT will provide the clearing fate of these instruments by 11:30 P.M. on the same day, ensuring smooth reconciliation and settlement of government receipts.

    The SBP’s directive follows a recent instruction from the Federal Board of Revenue (FBR), which earlier directed Inland Revenue field offices to observe a normal working day on November 29 to support maximum tax collection before the month-end.

    The SBP emphasized that the extended arrangements aim to ensure seamless tax payment processing and enhance convenience for taxpayers across the country.

  • SBP Issues Updated Currency Exchange Rates for November 27, 2025

    SBP Issues Updated Currency Exchange Rates for November 27, 2025

    Karachi, November 27, 2025 – The State Bank of Pakistan (SBP) has released the latest currency exchange rates for Thursday, providing updated guidance for banking customers and businesses engaged in international transactions.

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