Bank Al Habib (PSX: BAHL) has reported a consolidated profit-after-tax (PAT) of Rs. 32.46 billion for 2025, marking a 23 percent year-on-year decline. The drop in earnings has been attributed to a reduction in the policy rate and increased operating expenses during the year. The banking sector has been adjusting to a changing interest rate […]
Govt to Unveil Ramazan Relief Package Today
The federal government is set to announce its Ramazan Relief Package today, aimed at providing financial relief to citizens ahead of the holy month. A special ceremony will be held at the Prime Minister’s House, where Prime Minister Shehbaz Sharif will formally unveil the package. Senior government officials are expected to attend the event. While […]
Traffic Plan Announced for New Underpass Construction in Islamabad
Islamabad Police have announced a comprehensive traffic management plan in response to ongoing construction work at the Margalla Enclave underpass on Park Road. The advisory has been issued to inform motorists about temporary route changes and to minimize inconvenience during the development phase of this key infrastructure project. According to officials, the construction activity may […]
Public Pays Full Fare Despite Punjab Government’s Basant Free Ride Promise
The Punjab government’s announcement of free ride-hailing services during the three days of Basant failed to materialize, leaving citizens frustrated as they were charged full fares despite official assurances of relief. Authorities had earlier stated that tens of thousands of complimentary rickshaw rides would be offered daily as part of a special public facilitation initiative […]
Soneri Bank Evaluates Acquisition Opportunities to Expand Business Portfolio
Soneri Bank Limited has announced plans to explore a potential acquisition as part of its broader strategy to diversify business operations and strengthen long-term growth prospects. The development was formally disclosed through a notice submitted to the Pakistan Stock Exchange. According to the filing, the bank’s board of directors has granted authorization to the President […]
State Bank of Pakistan Approves Designs of New Currency Notes, Awaits Federal Clearance
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 […]
Supreme Court Bans Use of ‘Bakhidmat Janab SHO’ in Police Complaints
The Supreme Court of Pakistan has issued a landmark ruling prohibiting the use of the phrase “Bakhidmat Janab SHO” in police complaints and official applications. The apex court stressed that police officers are public servants, not masters, and should be addressed in a manner that reflects dignity and equality. In its decision, the court directed […]
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 […]
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 […]