Islamabad, July 16, 2025 – The federal government has officially introduced a Voluntary Separation Scheme (VSS) for the employees of Utility Stores Corporation (USC) ahead of the entity’s scheduled shutdown on July 31, 2025.
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Federal cabinet approves 15% increase in EOBI pension
Islamabad, July 16, 2025 – The federal cabinet on Wednesday approved a 15% increase in monthly pensions distributed by the Employees’ Old-Age Benefits Institution (EOBI), a move that will directly benefit hundreds of thousands of retired workers across Pakistan.
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KSE-100 index rises by 440 points amid active trading
Karachi, July 16, 2025 – The KSE-100 index, the benchmark of the Pakistan Stock Exchange (PSX), posted a strong performance on Wednesday by gaining 440 points, reflecting investor confidence and selective buying across key sectors.
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Honda Atlas Dismisses Immediate Launch of Dual Hybrid Vehicles
Honda Atlas Cars (Pakistan) Limited (HCAR) has clarified that it currently has no fixed plans to introduce dual hybrid technology vehicles (DHTBs) in the Pakistani market.
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Honda Atlas Sees Minimal Threat from Used Car Imports
Honda Atlas Cars (Pakistan) Limited (HCAR) conducted an analyst briefing session on July 16, 2025, to share its financial performance for MY25 and discuss key business developments and future plans. A major topic of interest was the impact of rising used car imports on the company’s operations.
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CDNS announces winners of Rs750 prize bond draw
Islamabad, July 16, 2025 – The Central Directorate of National Savings (CDNS) has officially announced the results of the Rs750 prize bond draw, held on July 15, 2025, in Rawalpindi.
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KTBA flags IRIS login woes, seeks urgent fixes
Karachi, July 16, 2025 – The Karachi Tax Bar Association (KTBA) has drawn urgent attention to persistent operational difficulties being faced by taxpayers and consultants in accessing the Federal Board of Revenue’s (FBR) IRIS portal, particularly related to login authentication.
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Pakistani rupee falls close to 285 against US dollar
Karachi, July 16, 2025 – The Pakistani rupee witnessed a sharp decline on Wednesday, slipping to PKR 285 against the US dollar in the interbank market.
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Sri Lanka hold advantage in final T20I against Bangladesh
Colombo, July 16, 2025 – The stage is set for a thrilling decider as Sri Lanka and Bangladesh face off in the final and third T20I of the series at the R. Premadasa Stadium in Colombo.
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Joe Root reclaims No.1 Test batter spot in ICC rankings
England’s star batter Joe Root has once again risen to the pinnacle of Test cricket, reclaiming the No.1 spot in the ICC Men’s Test Batting Rankings following his match-winning performance against India at Lord’s.
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