Islamabad, December 16, 2025 — President Asif Ali Zardari on Tuesday administered the oath of office to Zafar ul Haq Hijazi as the Federal Tax Ombudsman (FTO) at a ceremony held at Aiwan-e-Sadr, marking a new chapter in Pakistan’s taxpayer grievance redressal system.
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ICMAP urges administrative measures over monetary policy to curb inflation
Karachi, December 16, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has called on the government to focus on administrative and structural measures to control inflation, arguing that monetary policy alone is insufficient to address rising prices in key sectors of the economy.
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Competition tribunal dismisses appeals, allows penalty recovery in two cases
Islamabad, December 16, 2025 — The Competition Appellate Tribunal (CAT) has rejected appeals in two separate cases, clearing the way for the Competition Commission of Pakistan (CCP) to proceed with recovery of penalties imposed for violations of the Competition Act, 2010.
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Parliamentary panel slams PTA over poor internet quality, seeks urgent reforms
Islamabad, December 16, 2025 — Parliamentarians have strongly criticized the Pakistan Telecommunication Authority (PTA) over the deteriorating quality of internet services across the country, expressing dissatisfaction over the regulator’s performance and lack of visible improvement.
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Business community demands urgent resolution to transporters’ strike
Karachi, December 16, 2025 — Pakistan’s business and industrial community has called on the government for an immediate and decisive solution to the ongoing transporters’ strike, warning that prolonged disruption is inflicting massive losses on trade, industry and the national economy.
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Samsung Galaxy Z TriFold Restock Confirmed After Rapid Sellout
Samsung’s newly launched Galaxy Z TriFold has quickly become one of the most in-demand smartphones in South Korea.
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Xiaomi Developing Slim Smartphone With Massive Battery
Xiaomi is reportedly preparing to take smartphone battery capacity to a whole new level.
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Profit-taking erodes PSX gains; KSE-100 Index falls 294 points
Karachi, December 16, 2025 — The Pakistan Stock Exchange (PSX) saw profit-taking on Tuesday, which offset early gains and led to a decline of 294 points in the benchmark KSE-100 index. The index closed at 170,447 points, down from Monday’s finish of 170,741 points.
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Pakistan and Russia in talks over potential oil sector agreement: Aurangzeb
Islamabad, December 16, 2025 — Pakistan and Russia are engaged in discussions for a potential oil-sector agreement, Finance Minister Muhammad Aurangzeb confirmed in an interview with RIA News Agency on Tuesday.
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Toyota to Expand EV Lineup with Electric C-HR by 2027
Toyota has confirmed plans to strengthen its electric vehicle (EV) strategy in Australia with the introduction of the all-new, all-electric Toyota C-HR, scheduled to arrive in mid-2027.
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