The foreign exchange market in Pakistan began the day with updated currency rates, reflecting minor fluctuations in response to ongoing global financial developments.
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Supreme Court rejects FBR input tax adjustment case
Islamabad, July 26, 2025 – The Federal Board of Revenue (FBR) has suffered a legal setback as the Supreme Court of Pakistan dismissed its petition in a high-profile input tax adjustment case, reinforcing the importance of substantiated tax enforcement actions.
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Root’s heroic puts England ahead against India in Manchester Test
Manchester, July 25, 2025 – Joe Root produced a masterclass in batting to steer England into a dominant position against India on Day 3 of the fourth Test at Old Trafford, Manchester. His spectacular 150-run knock not only laid the foundation for a commanding 186-run lead but also placed him second on the list of all-time Test run scorers—just behind India’s cricket legend, Sachin Tendulkar.
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FBR jolts fertilizer sector by revoking tax exemption certificate
Karachi, July 25, 2025 – In a move that has sent shockwaves across Pakistan’s fertilizer industry, the Federal Board of Revenue (FBR) has abruptly revoked a crucial tax exemption certificate previously granted to Engro Fertilizer Limited, one of the sector’s top players.
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BYD Shark 6 PHEV Launched in Pakistan at Rs 20 Million
Pakistan’s automotive market has just welcomed a bold new entrant—BYD Shark 6 PHEV, a plug-in hybrid electric pickup truck, now officially launched at a price of Rs. 19.95 million.
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Mitsubishi Motors Ends Engine Production in China Joint Venture
Mitsubishi Motors Corporation has officially ceased operations at its Chinese joint venture, Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. (SAME), ending a collaboration that spanned over two decades.
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PTA Completes Broadband Quality Surveys in 22 Cities
The Pakistan Telecommunication Authority (PTA) has successfully completed Quality of Service (QoS) surveys for fixed-line broadband services across 22 major cities of Pakistan, including Azad Jammu & Kashmir (AJK) and Gilgit-Baltistan (GB).
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SBP Releases KIBOR Rates for July 25, 2025
Karachi, July 25, 2025 – The State Bank of Pakistan (SBP) on Friday released the updated Karachi Interbank Offered Rates (KIBOR) for July 25, 2025.
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Samsung Galaxy Fold7, Flip7, Watch8 Now On Sale
Samsung has officially launched its newest range of foldables and smartwatches, and all five devices are now on sale in 49 global markets.
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Samsung Galaxy A07 Spotted with Official Specs Online
Samsung is gearing up to launch the Galaxy A07, the anticipated successor to last year’s Galaxy A06.
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