Karachi, April 25, 2025 – Habib Bank Limited (HBL) has announced its financial results for the first quarter of calendar year 2025, reporting impressive earnings that surpassed market and industry expectations.
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Gold prices drop by Rs3,300 per Tola amid market volatility
Karachi, April 25, 2025 – The gold prices in Pakistan witnessed a sharp decline on Friday, falling by Rs3,300 per Tola amid ongoing volatility in both local and international bullion markets.
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Heatwave grips Pakistan, PMD predicts temperature surge
Islamabad, April 25, 2025 – The Pakistan Meteorological Department (PMD) has issued a strong heatwave warning, forecasting a significant rise in temperature across the country due to the development of a high-pressure system in the upper atmosphere. The heatwave is expected to begin on April 26 and persist through April 30, affecting both southern and northern regions of Pakistan.
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Weekly SPI inflation falls 1.92% on electricity charges drop
Islamabad, April 25, 2025 – The Sensitive Price Indicator (SPI) inflation dropped by 1.92% during the week ending April 24, 2025, according to the latest report released by the Pakistan Bureau of Statistics (PBS). The decrease in inflation was primarily driven by a substantial 19.17% fall in electricity charges for the first quarter (Q1), offering some relief to consumers amid persistent economic pressures.
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Apple iPhone 16 Series gets official import prices in Pakistan
Karachi, April 25, 2025 – The Government of Pakistan has formally announced the official import prices for the latest Apple iPhone 16 variants.
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Daily Shipping Operations at Port Qasim – April 25, 2025
Karachi, April 25, 2025 – The Port Qasim Authority (PQA) has released its latest daily report on shipping operations, highlighting vessel movements and cargo activity at Port Qasim over the past 24 hours.
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Pakistan sets new customs valuation for used computers, laptops
Karachi, April 25, 2025 – Pakistan has set new customs valuation for old and used computers and laptops to determine duty and taxes.
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FBR issues fresh customs valuation for Apple iPhones
Karachi, April 25, 2025 – The Federal Board of Revenue (FBR) has issued fresh customs valuation for Apple iPhones for determination of duty and taxes.
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KCCI seeks tax credit revival to stimulate industrial investment
Karachi, April 25, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly urged the Federal Board of Revenue (FBR) to reinstate the previously available tax credit under Section 65B of the Income Tax Ordinance, 2001, in a bid to encourage industrial investment and economic growth.
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FBR sees 28% drop in tax revenue from cash withdrawals
Karachi, April 25, 2025 – The Federal Board of Revenue (FBR) has reported a notable 28% decrease in tax collection from cash withdrawals during the month of March 2025, highlighting a major shift in the behavior of banking customers.
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