The federal government is expected to announce the highest-ever increase in the value of Diyat (blood money) for the fiscal year 2026-27, with the proposed amount set at Rs. 19.3 million. If approved by the federal cabinet, the revised compensation will mark the largest increase in Pakistan’s history, reflecting the sharp rise in silver prices […]
Senate Panel Suspends Timber Transport Licenses in Gilgit-Baltistan Pending Forest Verification
A Senate subcommittee has ordered the immediate suspension of timber transit licenses in Gilgit-Baltistan until authorities complete a comprehensive physical verification of forest lessees and logging activities. The move is aimed at strengthening oversight, improving transparency, and ensuring sustainable forest management across the region. The directive was issued during a meeting of the Senate Sub-Committee […]
Flour Prices Reduced by Rs. 8 Per Kg After Talks Between Karachi Administration and Mill Owners
Consumers in Karachi are set to receive some relief as flour mill owners have agreed to reduce the ex-mill price of flour by Rs. 8 per kilogram following successful discussions with the city administration. The decision lowers the ex-mill price from Rs. 133 per kilogram to Rs. 125 per kilogram. The price cut is expected […]
Online taxi driver arrested in Lahore for using fake government number plate
A man operating as an online taxi driver has been arrested in Lahore after police allegedly found him using a fake government number plate on his private vehicle. The action was carried out by local police in the Gulberg area as part of ongoing efforts to curb the misuse of official registration plates. According to […]
SECP Introduces ESG Mutual Funds Framework to Boost Sustainable Investment in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has taken a significant step toward promoting responsible investing by introducing the country’s first Environmental, Social, and Governance (ESG) Mutual Funds Framework. The new initiative allows asset management companies to launch ESG-focused mutual funds, giving investors an opportunity to support businesses that prioritize sustainability and ethical corporate […]
Rawalpindi Citizen Alleges Rs. 20 Million Property Fraud Through Fake CDA Documents
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 […]