Islamabad, June 23, 2025 – In a dramatic policy reversal that has sent shockwaves through economic and political circles, Pakistan has been forced to approve the import of 500,000 metric tons of sugar after allowing a massive outflow of the commodity earlier this fiscal year.
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Pakistan assures ample petroleum reserves amid regional tensions
Islamabad, June 23, 2025 – Amid rising regional tensions following the Iran-Israel conflict, the Government of Pakistan has assured the public that the country possesses ample reserves of petroleum products and there is no threat of shortage.
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FBR opens tax payment window on last Sunday to boost collection
Islamabad, June 23, 2025 – In a final push to maximize tax collection for the fiscal year 2024-25, the Federal Board of Revenue (FBR) has announced that all field offices will remain open on Sunday, June 29, 2025. This special measure is aimed at ensuring that every possible rupee is counted towards the FBR’s year-end collection goal.
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England need 350 runs on final day to win historic India Test
England are set for a titanic challenge on the fifth and final day of the opening Test match against India, part of the much-anticipated Anderson-Tendulkar Trophy 2025. With a daunting target of 371 runs to chase, England ended Day 4 at 21 without loss, laying the groundwork for what could be a historic comeback or a resilient Indian triumph.
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SL vs. BAN: Decisive Second Test Looms Amid Key Absences
Cricket fans are bracing for a dramatic finish to the Sri Lanka vs. Bangladesh Test series as the teams gear up for the all-important second Test.
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Bangladesh Recall Stars for Crucial Sri Lanka ODI Series
Bangladesh is set to reignite its ODI ambitions with a strengthened squad for the upcoming three-match series against Sri Lanka, starting in early July.
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Pakistan’s Zaman and Iqbal Eye Asian Doubles Squash Glory
Pakistan’s dynamic squash duo, Noor Zaman and Nasir Iqbal, have kicked off their campaign at the 2nd Asian Doubles Squash Championship 2025 with a powerful start, securing back-to-back wins and firmly establishing themselves as title contenders.
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PQA cuts port charges by 50% for exporters
Karachi, June 23, 2025 – In a move aimed at enhancing Pakistan’s trade competitiveness, the Port Qasim Authority (PQA) has announced a 50% reduction in port charges for exporters.
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KIBOR – Karachi Interbank Offered Rates on June 23, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Monday, June 23, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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PSX falls sharply as Iran-Israel conflict shakes investor confidence
Karachi, June 23, 2025 – The Pakistan Stock Exchange (PSX) endured a severe blow on Monday, plummeting by 3,856 points as rising geopolitical tensions from the escalating conflict between Iran and Israel sent shockwaves across global financial markets.
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