Islamabad, November 21, 2023 – Pakistan has taken a decisive step in controlling the rise of surrogate advertisements related to cryptocurrency exchanges and betting platforms by imposing a ban on their promotion.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Massive Gas Tariff Hike Sparks Industry Threats of ‘No Export Days’ Protest
Karachi, November 21, 2023 – The industrial sector has issued a stern warning, threatening to observe ‘No Export Days’ in vehement protest against the government’s substantial hike in gas tariffs.
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Rupee Makes 4th Straight Gain Against Dollar, Ends at PKR 285.79
Karachi, November 21, 2023 – The Pakistani Rupee (PKR) continued its recovery against the US dollar for the fourth consecutive day, closing at PKR 285.79 in the interbank foreign exchange market on Tuesday.
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FBR Announces Rates of Sales Tax Default Surcharge for Tax Year 2024
Karachi, November 21, 2023 – The Federal Board of Revenue (FBR) has notified the rates of default surcharge under the Sales Tax Act, 1990, for the tax year 2024.
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Pakistan Records 18% Growth in Foreign Investment in First Four Months of FY 2023-24
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Pakistan Customs Reveals Startling 330% Surge in Almond Imports under Afghan Transit Trade
Karachi, November 20, 2023 – Pakistan Customs has disclosed a staggering 330% increase in almond imports under the Afghan Transit Trade, while simultaneously reporting a significant 62% decline in direct imports into Pakistan.
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Current Account Deficit Contracts Significantly by 66% in 4MFY24
Karachi, November 20, 2023 – The Current Account Deficit (CAD) has experienced a remarkable contraction of 66 percent during the first four months (July – October) of the fiscal year 2023-24, according to data released by the State Bank of Pakistan (SBP).
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Pakistan Petroleum Limited Announces Major Gas Discovery in Sindh Province
Karachi, November 20, 2023 – Pakistan Petroleum Limited (PPL) revealed on Monday a significant breakthrough in the energy sector with the discovery of gas and condensate in District Sujawal of the Sindh Province.
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Pakistani Rupee Expected to Rise Against US Dollar Next Week Amid Positive Economic Signs
Karachi, November 19, 2023: The Pakistani Rupee (PKR) is anticipated to extend its upward trajectory against the US dollar in the upcoming week starting November 20, 2023.
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Pakistan Pays Half a Billion Dollars for Mobile Phone Imports in 4MFY24
Karachi, November 18, 2023 – Pakistan has incurred a substantial expenditure of approximately half a billion dollars on the imports of mobile phones during the first four months (July – October) of the fiscal year 2023-24, as revealed by official statistics.
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