Business
Business
CBI Probes Anil Ambani for Alleged $344M Fraud
On August 23, 2025, India’s Central Bureau of Investigation (CBI) launched a criminal case against industrialist Anil Ambani and Reliance…
TikTok UK Jobs at Risk in Global Trust and Safety Restructure
On August 22, 2025, TikTok announced a global restructuring of its trust and safety operations, putting hundreds of UK jobs…
Pakistan Forex Reserves Rise to $19.6B, Gold Prices Climb
On August 21, 2025, Pakistan’s foreign exchange reserves saw a modest increase, reaching $19.571 billion, with the State Bank of…
Bitcoin Hits PKR 32.36M in Pakistan, Signals Financial Shift
On August 21, 2025, Bitcoin (BTC) reached an exchange rate of PKR 32,359,697.09 in Pakistan’s open market, slightly down from…
Pakistan to Issue $1 Billion Panda Bonds
On August 21, 2025, Pakistan announced plans to issue $1 billion in Panda Bonds in the Chinese market. This move…
AGP Report Exposes Rs4,800B Irregularities in Pakistan Power Sector
The Auditor General of Pakistan (AGP) released its 2024-25 audit report, exposing financial and operational irregularities totaling Rs4,800 billion in…
FBR Launches Simplified Electronic Income Tax Return for 2025
The Federal Board of Revenue (FBR) has introduced a simplified electronic income tax return form for the fiscal year 2025,…
Chinese IPPs Reject LPS Waiver in Pakistan’s Circular Debt Plan
Chinese Independent Power Producers (IPPs) under the China-Pakistan Economic Corridor (CPEC) declined to waive Late Payment Surcharges (LPS) as part…
PSX KSE-100 Index Surges Past 149,000 Points in Record Rally
On Tuesday, August 19, 2025, the Pakistan Stock Exchange (PSX) continued its record-breaking rally, with the KSE-100 index crossing the…