Tehran/Islamabad, August 18, 2025 – Pakistan is set to become a major and reliable source of rice supplies for Iran after a landmark ministerial meeting between the two neighboring nations.
(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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KSE-100 Index soars past 148K on circular debt hope
Karachi, August 18, 2025 – The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) on Monday crossed 148,000 points to reach all-time high level owing to optimism ahead circular debt reforms.
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Monsoon fury leaves 657 dead across Pakistan: NDMA
Islamabad, August 17, 2025 – The relentless fury of the monsoon has unleashed one of the deadliest disasters in recent memory, claiming at least 657 lives across Pakistan since June 26.
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PM briefed on digital IDs for cashless payments
Islamabad, August 17, 2025 – Prime Minister Muhammad Shehbaz Sharif was briefed on Sunday that in the near future, all payments across Pakistan will be routed through digital identities, marking a major step toward the country’s transition to a modern cashless economy.
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SBP Tells Banks: Terminate Clients on GD Suspicion
Karachi, August 17, 2025 – The State Bank of Pakistan (SBP) has instructed banks to adopt stricter compliance procedures under the Anti-Money Laundering (AML) Act 2010, including the option of terminating customer relationships in cases of repeated suspicious activity.
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Flash floods devastate northern Pakistan, over 340 dead
Islamabad, August 16, 2025 – Northern Pakistan is reeling from the devastation of powerful flash floods triggered by the seventh spell of the monsoon season.
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SBP mandates H.S. Codes in all trade-linked transactions
Karachi, August 16, 2025 – The State Bank of Pakistan (SBP) has introduced stricter regulatory measures for the issuance of financial instruments (FIs) in connection with trade transactions, making it mandatory to include Harmonized System (H.S.) Codes and Unit of Measurement (UoM) details.
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Pakistan, Japan discuss auto industry growth plans
Tokyo, August 15, 2025 – Senior officials from Islamabad and Tokyo have engaged in high-level talks aimed at strengthening Pakistan’s Auto Industry Development Policy, focusing on a strategic shift from punitive to incentive-driven measures to attract investment and promote sustainable growth.
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FBR gears up for mega tax audit drive in textile sector
Karachi, August 15, 2025 – If you’re part of Pakistan’s textile industry, it’s time to pay close attention. The Federal Board of Revenue (FBR) is preparing to roll out a massive audit exercise targeting the textile sector and its various sub-sectors nationwide.
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SBP targets overpriced trade transactions in major move
Karachi, August 14, 2025 – The State Bank of Pakistan (SBP) has instructed all commercial banks to strengthen oversight on prices declared in trade transactions, introducing detailed due diligence measures aimed at combating Trade-Based Money Laundering (TBML) and Terrorist Financing.
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