3 h. ago Tax revenue from electricity bills drops by Rs110 billion amid falling consumption

The Federal Board of Revenue (FBR) collected Rs490 billion in taxes through electricity bills in FY2024–25, marking a sharp decline of Rs110 billion compared to Rs600 billion collected in the previous fiscal year. This drop reflects changing energy consumption trends and slower economic activity. According to official sources, the decrease in tax revenue is largely […]

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4 h. ago Exchange companies contribute $5 billion in remittances during FY2024

Foreign currency exchange companies in Pakistan contributed nearly $5 billion in remittances during the fiscal year 2024–25, marking a growing role in stabilizing the currency market. In June alone, they sold around $450 million to banks, according to the Exchange Companies Association of Pakistan (ECAP). ECAP Secretary General Zafar Paracha praised the State Bank of […]

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5 h. ago Sania Mirza welcomes adorable new pet into her family, shares cute moments with Son Izhaan

Former Indian tennis star Sania Mirza has introduced a new member to her family, and fans are loving it. She shared heartwarming photos on social media featuring her son Izhaan and their newest companion — an adorable kitten. Since her divorce from Pakistani cricketer Shoaib Malik in January 2024, Sania has been living peacefully in […]

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8 h. ago Ashura observed nationwide with deep respect and tight security

Ashura, the 10th of Muharram, is being observed across Pakistan with deep religious devotion to commemorate the martyrdom of Hazrat Imam Hussain (RA) and his companions in Karbala. Mourning processions, majalis, and rituals are taking place in cities and towns nationwide, as people pay tribute to the unmatched sacrifices made for truth and justice. In […]

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24 h. ago Chinese, Ghanaian FMs exchange congratulations on 65th anniversary of ties

BEIJING: Chinese Foreign Minister Wang Yi on Saturday exchanged congratulations with his Ghanaian counterpart, Samuel Okudzeto Ablakwa, on the 65th anniversary of diplomatic ties between the two countries. Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, noted that Ghana was one of the first sub-Saharan African countries […]

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25 h. ago Legal threat turns ugly: Yasir Hussain and Nadia Khan clash online

A heated online exchange took place between actor Yasir Hussain and host Nadia Khan. It started when Nadia warned unnamed actors and YouTubers to stop making personal remarks. She shared a video on Instagram, threatening legal action under civil, criminal, and PECA laws. Her message was serious and direct, though she did not name anyone. […]

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26 h. ago Pakistan, Poland eye deeper partnership after key talks in Warsaw

Pakistan and Poland have agreed to strengthen their bilateral relationship through high-level visits, parliamentary exchanges, and continued diplomatic dialogue. This understanding was reached during the 9th Round of Bilateral Political Consultations (BPC) held on July 4, 2025, in Warsaw. The meeting aimed to enhance cooperation across multiple sectors, marking a positive step in long-standing diplomatic […]

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52 h. ago  US sanctions firms in Pakistan, India over Iranian oil trade links

The United States has imposed sanctions on six companies and multiple vessels for helping Iran sell and transport oil and petrochemical products. The blacklisted firms include those based in Pakistan, India, the UAE, and Panama. Washington says this step is part of its broader effort to apply economic pressure on Tehran and block its oil […]

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53 h. ago Pakistan opens mining sector to US, China & Russia with equal bidding rights

In a major policy shift aimed at attracting global investment, Pakistan has invited companies from the United States, China, and Russia to bid for multibillion-dollar mining contracts, including the high-profile Reko Diq gold and copper project. The government is promoting an “open-handed policy” that ensures equal opportunity for all foreign investors, regardless of geopolitical alignments. […]

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53 h. ago Textile giant Bilal fibres shifts gears toward EVs, health tech & IT

As operations remain suspended, Pakistan-based textile firm Bilal Fibres Limited is making a bold pivot toward IT, health tech, and electric vehicle (EV) sectors. The company shared the development in a formal notice to the Pakistan Stock Exchange (PSX) on Friday. In the statement, Bilal Fibres confirmed that during the quarter ending June 30, 2025, […]

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54 h. ago Pakistan set to reduce timelines for credit of bonus, right shares

ISLAMABAD – The Securities and Exchange Commission of Pakistan (SECP) has sought public input on the proposed amendments to the

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55 h. ago UN expert accuses global firms of profiting from violence against Palestinians

A UN rights expert, Francesca Albanese, has accused several global companies of benefiting from Israel’s occupation and alleged genocide of Palestinians. In a report presented on Thursday, she claimed these firms have helped fuel human rights violations through their operations in occupied Palestinian territories. Albanese, the UN Special Rapporteur for the Palestinian territories, said these […]

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57 h. ago PSX hits record high as investor confidence grows amid rising reserves

The Pakistan Stock Exchange (PSX) maintained its bullish trend on Friday, with the KSE-100 index crossing the 131,000 mark for the first time in history. During intraday trading, the index surged by 593.89 points, reaching 131,280.54 — a gain of 0.45 percent. This rise reflects growing investor confidence, fueled by strong foreign exchange reserves and […]

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3 d. ago UK parliament bans Palestine action as terror group amid rising tensions

British lawmakers have voted to officially ban the pro-Palestinian group Palestine Action, labeling it a terrorist organisation. The decision follows a series of disruptive protests, including one last month where activists damaged two aircraft at a Royal Air Force base in southern England. Palestine Action, known for its direct-action tactics, has long targeted UK companies […]

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4 d. ago Karachi breaks tax records with Rs3.256 trillion haul in FY25

Karachi has broken all previous records in tax collection during fiscal year 2024-25, emerging as the country’s top revenue contributor. Despite a tough economy, the city posted a 29% rise in federal tax collections and a 29.5% increase in provincial sales tax on services, collected by the Sindh Revenue Board (SRB). This surge reaffirms Karachi’s […]

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4 d. ago Trump hints at trade deal with India, warns of higher tariffs for Japan

WASHINGTON – President Donald Trump has expressed hope for a potential trade agreement with India, saying the South Asian country appears ready to lower trade barriers for American companies. Speaking aboard Air Force One, Trump said if India allows more U.S. business access, both sides could finalize a deal with reduced tariffs. He noted that […]

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4 d. ago Trump threatens to cut Tesla, SpaceX subsidies amid growing feud with musk

US President Donald Trump has escalated his feud with Elon Musk by threatening to end billions of dollars in federal subsidies for Musk’s companies Tesla and SpaceX. The conflict reignited after Musk criticized Trump’s recent tax-cut and spending bill, which aims to remove electric vehicle subsidies benefiting Tesla. Trump told reporters that Musk is upset […]

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4 d. ago PSX hits historic high as investor confidence grows amid economic stability

The Pakistan Stock Exchange (PSX) continued its upward momentum on Wednesday, crossing the 129,000-point mark for the first time in history. During intraday trading, the KSE-100 benchmark index surged by 1,251.46 points, reaching a record-breaking 129,450.46 points. This bullish rally was driven by investor optimism fueled by fresh equity allocations in the federal budget and […]

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4 d. ago Pakistan stocks climb above 129,000 in historic first amid economic stability

KARACHI – The Pakistan Stock Exchange (PSX) has surged to another unprecedented level after witnessing remarkable gains on Wednesday as

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4 d. ago Balochistan’s double burden: The inhospitable land and the unkind climate

Environmental concerns are capturing the attention of everyone including the developed and underdeveloped states and are one of the major concerns of the 21st century. Pakistan’s contribution to the total Greenhouse Gas (GHG) emissions is one of the lowest in the world and the contribution of the province of Balochistan is almost none. However, Pakistan, particularly […]

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