The State Bank of Pakistan has confirmed a major development regarding the country’s currency system, announcing that the designs of new banknotes have been finalized. Governor State Bank Jameel Ahmad shared that the proposed designs have already been approved by the State Bank Board and forwarded to the Ministry of Finance for further action. The […]
Sindh Wheat Scandal Deepens as Thousands of Sacks Vanish from Jamshoro Warehouse
A serious governance and accountability crisis has emerged in Sindh after officials confirmed that tens of thousands of wheat bags have gone missing from a government warehouse in Jamshoro district. The discovery has triggered an anti-corruption investigation and raised fresh concerns about mismanagement and alleged bribery within the provincial food supply system. Authorities revealed that […]
FPCCI Launches Pakistan’s First Indigenous Transparency and Accountability Index
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has launched Pakistan’s first indigenous Transparency and Accountability Index, marking a significant step toward measuring public trust in state institutions through a locally developed framework. The initiative aims to provide an objective, data-driven benchmark to assess transparency standards across the country. The Index of Transparency […]
Govt Announces Rs. 4.04 Per Unit Power Relief for Industries
The federal government has announced significant electricity cost relief for industrial consumers, reducing power tariffs by around Rs. 4.04 per unit after Prime Minister Shehbaz Sharif approved the complete removal of cross-subsidy charges from industrial power bills. Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari said the decision follows the prime minister’s directive […]
Gold Prices Surge by Rs118,000 per Tola in Just 29 Days, Setting Historic Record
Gold prices in Pakistan have witnessed an unprecedented surge, rising by Rs118,000 per tola within a span of just 29 days. The sharp increase has sent shockwaves through local bullion markets, marking one of the fastest price escalations in the country’s history. According to market data, the price of gold per tola has climbed from […]
Mining Emerges as a New Pillar of Pak–China Economic Cooperation
Mining and minerals are rapidly taking center stage in Pakistan–China economic relations, signaling a shift toward deeper industrial collaboration beyond traditional infrastructure and energy projects. This evolving partnership was clearly reflected at the Pak–China Mineral Cooperation Forum held at the Jinnah Convention Centre in Islamabad, which drew strong participation from both countries. The forum brought […]
Ali Farid Khwaja Appointed SECP Commissioner to Drive Market Reform
The Government of Pakistan has appointed Ali Farid Khwaja as a Commissioner of the Securities and Exchange Commission of Pakistan (SECP), signaling a new era of digital-first regulation and global market integration. The official notification was issued on January 27, 2026, confirming a three-year term with immediate effect. Khwaja’s appointment is executed under Sections 5 […]
From the World’s No.1 NEV Brand, BYD Sealion 7 and Atto 2 Debut in Pakistan
Mega Motor Company (MMC), in collaboration with BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, has officially introduced the BYD Sealion 7 and BYD Atto 2 in Pakistan. The launch marks another significant step in the country’s shift toward clean, sustainable, and future-ready mobility solutions. The unveiling took place at a dealership event in […]
Gul Plaza Fire: Officials Say Only Bones Now Being Recovered as Structure Deteriorates
The tragic Gul Plaza fire in Karachi has entered its final and most critical phase, with officials confirming that no intact human bodies are being recovered from the debris anymore. As rescue and search operations continue, authorities have warned that the structure of the building is rapidly worsening, posing serious risks to rescue teams. Fire […]
Pakistani Rupee Extends Winning Streak Against US Dollar for 84th Consecutive Session
The Pakistani rupee continued its steady performance in the interbank market, closing stronger against the US dollar for the 84th consecutive trading day. The local currency maintained its upward momentum on Wednesday, reflecting relative stability in the foreign exchange market amid cautious optimism among traders and market participants. According to market data, the Pakistani rupee […]