Karachi, July 9, 2025 – Pakistan has achieved a major milestone by receiving an all-time high of $38.3 billion in remittances during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
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KSE-100 index falls 826 points as profit-taking hits market
Karachi, July 9, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a sharp decline on Wednesday, shedding 826 points as bearish sentiment gripped the market following a record-breaking rally since the beginning of the current fiscal year.
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Rupee slides for fourth straight session against dollar
Karachi, July 9, 2025 – The Pakistani rupee extended its losing streak for the fourth consecutive session on Wednesday, continuing to slide against the US dollar in the interbank foreign exchange market.
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SBP releases foreign currency rates for July 9, 2025
On July 9, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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FBR grants big tax relief on Import of 0.5MMT sugar
Islamabad, July 9, 2025 – The Federal Board of Revenue (FBR) has granted sweeping tax exemptions and concessions on the import of 0.5 million metric tons (MMT) of white crystalline sugar, aimed at stabilizing domestic supply and curbing rising prices.
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JAC T9 Recalled Over Curtain Airbag Malfunction Risk
JAC Motors Australia has issued an urgent safety recall for its 2023–2024 T9 dual-cab 4×4 ute models due to a critical fault in the curtain airbag system.
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Kia Sportage Recall: Fire Risk Prompts Urgent Owner Action
Kia has issued a critical safety recall for 605 units of the 2025 Kia Sportage manufactured in 2024. The recall is due to a serious fire risk linked to a defective high-pressure fuel pipe.
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Changan Alsvin Offers Huge Savings, Levy Absorption Till July 31
Changan Pakistan has announced a limited-time promotional offer on its popular compact sedan, the Changan Alsvin, valid until 31st July 2025.
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Changan Oshan X7 Offers Rs 450,000 Savings as Levy Absorption
Changan Pakistan has announced an exciting limited-time promotional offer on its best-selling SUV, the Oshan X7, allowing customers to save up to Rs 450,000.
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Wimbledon Day 10: Sinner, Shelton Shine in Quarter-Final Battles
Day 10 at Wimbledon brought thrilling quarter-final matchups and standout performances across both the men’s and women’s draws. One of the major stories heading into the day was the continued sportsmanship shown by World No. 1 Jannik Sinner.
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