Islamabad, February 20, 2026 – The International Monetary Fund (IMF) on Friday welcomed Pakistan’s reform progress, highlighting that policy measures under its Extended Fund Facility (EFF) have helped stabilize the economy and restore market confidence.
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SOEs report Rs122 billion net losses in FY25, up 300% YoY
Islamabad, February 13, 2026 – Pakistan’s State-Owned Enterprises (SOEs) recorded a staggering net loss of Rs122 billion in the fiscal year 2025, marking a 300% increase compared to the previous year, according to the latest annual report released by the Finance Ministry.
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South Africa whitewash India 2-0 in historic Test series at home
Guwahati, November 26, 2025 – In a stunning display of dominance, South Africa completed a 2-0 Test series victory over India on Indian soil, marking their first series win in India in 25 years.
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Pakistan Customs aims to cut dwell time to 12 hours
Karachi, September 19, 2025 – Pakistan Customs has announced a major initiative to reduce the average cargo dwell time to just 12 hours, in line with the vision set by Prime Minister Shehbaz Sharif.
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FBR shares procedure to access IRIS Portal for new return filers
As the 2025 tax return filing season begins, the Federal Board of Revenue (FBR) anticipates a surge in the number of new taxpayers filing their income tax returns. In light of the latest measures introduced through the Finance Act, 2025, the FBR has issued detailed guidelines to help individuals, companies, and associations of persons (AOPs) access the IRIS portal, which is the official platform for online tax return submission.
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FBR crushes benami ownership, seizes Islamabad housing plots
Islamabad, June 14, 2025 – In a landmark move, the Federal Board of Revenue (FBR) has successfully confiscated the first-ever benami immovable property in Islamabad under the Benami Transactions (Prohibition) Act, 2017.
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KIBOR – Karachi Interbank Offered Rates on June 11, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Wednesday, June 11, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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PSX slips 1.17% in a week amid regional tensions
Karachi, May 3, 2025 – The Pakistan Stock Exchange (PSX) faced a challenging week as the benchmark KSE-100 index declined by 1.17% on a weekly basis, mainly due to rising tensions in the region.
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KIBOR – Karachi Interbank Offered Rates on April 30, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Wednesday, April 30, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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SECP Denies Hascol’s Request for AGM Extension
Karachi, April 11, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has officially rejected a request by Hascol Petroleum Limited for a 30-day extension to hold its Annual General Meeting (AGM).
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