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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PKR to AED: Rupee to UAE Dirham on March 5, 2025
On March 5, 2025, the buying rate of one UAE Dirham (AED) in Pakistani Rupees (PKR) in the open market was Rs 76.05, while the selling rate was Rs 76.60.
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India Budget 2025: New Personal Tax Regime, Revised Tax Slabs
India has introduced significant changes to the personal tax regime in its Budget 2025, aimed at providing relief to the middle class. The revised tax structure is designed to reduce the financial burden on individuals, thereby encouraging greater disposable income, boosting household spending, and enhancing savings.
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Madison Keys Stuns Iga Swiatek to Reach Australian Open Final
In a thrilling display of resilience and power, Madison Keys pulled off a stunning comeback to defeat No. 2 seed Iga Swiatek 5-7, 6-1, 7-6 (10-8) in the Australian Open semifinals on Thursday night. The 29-year-old American Keys saved a match point in the process, earning her spot in the final and marking her first Grand Slam final appearance since finishing as the U.S. Open runner-up in 2017.
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CCP Concludes Phase-II Review of PTCL’s Telenor Acquisition
The Competition Commission of Pakistan (CCP) has finalized all formalities for the Phase-II review of Pakistan Telecommunication Company Limited’s (PTCL) acquisition of 100% shareholding in Telenor Pakistan Pvt Ltd and Orion Towers Pvt Ltd.
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CII Chairman Denies Statement on VPNs
Islamabad, November 20, 2024 – Council of Islamic Ideology (CII) Chairman Dr. Raghib Hussain Naeemi has categorically denied declaring virtual private networks (VPNs) “un-Islamic,” explaining that a “typo” in the council’s statement caused the confusion amid the government’s deadline to block all unregistered encrypted networks this month.
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