A major property fraud case has surfaced in Rawalpindi after a local investor claimed he was deceived into paying Rs. 20 million for a plot allegedly backed by forged Capital Development Authority (CDA) documents. Police have registered a case against two individuals following allegations that a fake real estate transaction caused substantial financial losses to […]
SBP Schedules First FY27 Monetary Policy Announcement for July 27, Expands Transparency Measures
The State Bank of Pakistan (SBP) has unveiled its advance calendar for Monetary Policy Committee (MPC) meetings for fiscal year 2026-27, with the first monetary policy decision scheduled to be announced on July 27, 2026. Alongside the meeting schedule, the central bank has introduced several initiatives designed to strengthen transparency, improve communication, and provide greater […]
Islamabad’s F-14 and F-15 Sectors Set for Green Transformation Under New Housing Development Plan
The Federal Government Employees Housing Authority (FGEHA) has launched an ambitious development initiative aimed at transforming Islamabad’s Sectors F-14 and F-15 into modern, eco-friendly residential communities. The project is part of a broader effort to promote sustainable urban development while enhancing the quality of life for future residents. The initiative is being implemented under the […]
Solar Panel Prices Drop in Lahore Following Fuel Price Reduction
Consumers looking to invest in renewable energy may find solar systems more affordable as solar panel prices have started to decline in Lahore following the recent reduction in petroleum prices. According to market sources, the prices of various solar panel categories have decreased by Rs. 4,000 to Rs. 9,000, providing some relief to households and […]
SECP to Introduce Fintech and Modern Market Skills Courses for Pakistan’s Youth
The Securities and Exchange Commission of Pakistan (SECP) is set to launch a series of new educational programs focused on financial technology and modern market skills as part of a broader effort to strengthen Pakistan’s financial sector workforce. SECP Chairman Dr. Kabir Ahmed Sidhu announced the initiative while outlining plans to modernize financial sector training […]
Government Abolishes FED on Business Class International Air Tickets
In a significant move for international travelers and the aviation industry, the federal government has decided to remove the Federal Excise Duty (FED) on business class international airline tickets. The decision is expected to lower travel expenses for passengers while providing support to Pakistan’s aviation sector. Officials stated that the withdrawal of FED is part […]
CCP Recovers Rs. 3 Crore Penalty From Strepsils Maker Over Misleading Advertising Claims
The Competition Commission of Pakistan (CCP) has successfully recovered a penalty of Rs. 30 million from Reckitt Benckiser Pakistan Limited following a ruling by the Competition Appellate Tribunal (CAT) in a misleading advertising case involving the Strepsils brand. The recovery comes after the Tribunal upheld the CCP’s earlier decision, which found the company responsible for […]
Pakistan Railways Launches Second Upgraded Awam Express Rake
Pakistan Railways has introduced the second upgraded rake of the Awam Express, further enhancing travel facilities for passengers traveling between Peshawar and Karachi. The initiative is part of ongoing efforts to modernize railway services and improve the overall passenger experience on one of the country’s busiest routes. The upgraded Awam Express was formally flagged off […]
FTO Directs CDA to Release Long-Pending Merit List Within 30 Days
The Federal Tax Ombudsman (FTO) has directed the Capital Development Authority (CDA) to release the long-awaited merit list for several recruitment positions within 30 days, providing relief to candidates who had been waiting months for the completion of the hiring process. The directive follows complaints lodged by six applicants, including Amir Ullah and others, who […]
Pakistan Greenlights Nationwide Digital Medicine Verification System to Combat Fake Drugs
Pakistan is set to transform its pharmaceutical sector with the introduction of a nationwide digital verification system for medicines. The federal cabinet has approved a comprehensive track and trace mechanism that will help authorities monitor medicines from production to the point of sale, reducing the risk of counterfeit and substandard drugs entering the market. The […]