PTA Cracks Down on CPID and Patched Phones, Warns of Legal Action Against Sellers and Users
The Pakistan Telecommunication Authority (PTA) has issued a public notice cautioning citizens against the use and sale of unregistered mobile
6-Month KIBOR Drops to 11.44% After SBP Rate Cut
The 6-month Karachi Inter-Bank Offered Rate (KIBOR) fell sharply to 11.44 percent on May 6, 2025, following a significant policy
Flight Times and Costs to India Surge as Major Airline Avoid Pakistani Airspace
Several major international airlines, including Air France and Germany’s Lufthansa, have suspended flights through Pakistani airspace en route to India,
Govt Plans to Tax High Pensions in Upcoming Budget at IMF’s Request
The federal government is preparing to introduce a new income tax on higher pensions in the upcoming financial year’s budget,
Salaried Class May Benefit as Govt Plans to Raise Exemption Threshold
The federal government is considering providing income tax relief to lower and middle-income earners in the upcoming budget. According to
Tribunal Slashes Penalties for Karachi Dairy Leaders in Price Fixing Case
The Competition Appellate Tribunal (CAT) has directed representatives of all three dairy farmer associations of Karachi to submit written undertakings
State Bank of Pakistan Cuts Interest Rate by 100 Basis Points to 11%
The State Bank of Pakistan (SBP) announced on Monday a reduction in the benchmark interest rate by 100 basis points,
Moody’s Warns India-Pakistan Tensions Threaten Pakistan’s Economic Recovery
Moody’s Ratings has cautioned that ongoing tensions between Pakistan and India could jeopardize Pakistan’s fragile economic recovery, disrupt fiscal consolidation
Live Chicken Shortage Renders Price Controls Useless Despite Rate Reduction
A new pricing mechanism intended to regulate poultry prices has proven largely ineffective, with significant price disparities persisting throughout the
Millions in Revenue Blocked as 10,000+ Confiscated Phones Await PTA Approval
The planned auction of more than 10,000 confiscated mobile phones has hit a roadblock due to delays in the whitelisting
