PMEX Makes Naymat Collateral Management Its Subsidiary
Pakistan Mercantile Exchange Limited (PMEX) has acquired a majority ownership stake in Naymat Collateral Management Company Limited (NCMCL), bringing the
Electricity Will Be So Cheap People Will Store It in Batteries for Night Use: Power Minister
Federal Minister for Energy Awais Leghari has announced plans to significantly reduce electricity costs, saying future tariffs could become low
No Foreign Trips, Less Fuel: Govt Extends Strict Austerity Drive Till Next Month
The federal government has extended its ongoing austerity and fuel conservation measures until June 13, 2026, according to an official
Pakistani Bank Ordered to Refund Rs. 15 Lakh to Hack Victim
A private bank’s appeal has been rejected by the Federal Constitutional Court, which ordered it to return funds to a
Pakistani Rupee Continues Stability Run vs USD, Shows Mixed Performance in Currency Market
The Pakistani rupee continued its steady performance against the US dollar, closing in the green for the 157th consecutive trading
Govt Eyes Exit From Imported Fuel to Avoid Future US-Iran Style Energy Shocks
The US-Iran war has increased the need to reduce dependence on foreign supplies, Federal Petroleum Minister Ali Pervaiz Malik said
Govt Rejects Responsibility for Record Petrol Prices
Officials have told a Senate committee that the recent surge in petrol prices is not a direct result of government
Gold Prices Fall for Third Straight Day in Pakistan as Global Market Weakens
Gold prices in Pakistan continued their downward trend on Monday, marking the third consecutive day of losses, driven by a
Indian Equities Lose ₹8.9 Trillion in Selloff After 10 May Marka-e-haq Anniversary
Indian equity markets closed sharply lower on Monday, wiping out nearly ₹8.9 trillion in investor wealth as benchmark indices came
Next Budget May Introduce AI-Driven Tax System to Strengthen Compliance
The federal government is moving toward introducing a technology-based tax administration system, including artificial intelligence-driven monitoring mechanisms, as part of
