More than 104,000 women entrepreneurs in Pakistan have received Rs. 29 billion in financing under the Prime Minister’s Youth Business and Agriculture Loan Scheme, highlighting growing efforts to improve women’s access to formal financial services and business funding. According to a written reply submitted by Finance Minister Senator Muhammad Aurangzeb to the National Assembly, a…
Nishat Mills Limited (PSX: NML) has approved a proposed move to exit the dairy business by selling its entire 49.10 percent stake in Nishat Sutas Dairy Limited to its Turkish joint venture partner, Sutas Sut Urunleri A.S. The decision comes as pressure across Pakistan’s dairy industry continues to affect business conditions and weigh on the…
Gold prices in Pakistan continued their strong upward momentum on Thursday, with the precious metal recording another significant increase following a sharp rise in international bullion markets. The latest jump pushed domestic gold rates to new highs, reflecting growing global demand for safe-haven assets and increased volatility in international financial markets. According to the All-Pakistan…
The Federal Board of Revenue (FBR) has officially announced that the filing of Income Tax Returns for Tax Year 2026 will commence on Monday, July 27, 2026, urging taxpayers across Pakistan to submit their returns accurately and within the prescribed timeline. In its latest statement, the tax authority emphasized the importance of honest and transparent…
Gold prices declined in Pakistan on Monday, pushing the rate below the Rs. 430,000 mark per tola as international bullion markets also opened the week on a weaker note. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of one tola of gold dropped by Rs. 3,800, bringing the new rate to…
The Government of Pakistan and the Pakistan Stock Exchange (PSX) have described FY2026 as a landmark year for the country’s debt market, highlighting record Sukuk issuance, stronger capital market financing, and improved debt management indicators during a joint investor briefing. The figures were presented at an investor session organized by the Pakistan Stock Exchange (PSX)…
The Competition Commission of Pakistan (CCP) has approved Treet Corporation Limited’s proposal to increase its shareholding in Loads Limited through a rights issue, concluding that the transaction will not negatively impact competition in Pakistan’s automotive components market. According to the CCP, Treet Corporation sought approval under the Competition Act, 2010 to subscribe to additional ordinary…
Gold prices in Pakistan extended their downward trend on Monday, marking the second consecutive decline as both local and international bullion markets opened the week on a weaker note. The latest drop has pushed the price of gold closer to the Rs. 4.35 lakh mark per tola, offering some relief to buyers after recent price…
Pakistan witnessed a record-breaking year for corporate growth during the fiscal year 2025-26, with thousands of new businesses entering the formal economy. According to the Securities and Exchange Commission of Pakistan (SECP), 43,559 new companies were registered during the year, reflecting a 24 percent increase compared to the previous fiscal year. The latest figures bring…
SG Power Limited has officially transformed its business strategy by changing its principal line of business from power generation to the healthcare and pharmaceutical industry. The transition marks a significant milestone for the company as it seeks to capitalize on emerging opportunities in Pakistan’s growing healthcare market. The company announced the development through a notice…