Business
Business
K-Electric Launches Microsite for Real-Time Power Status Monitoring
K-Electric (KE) launched a dedicated microsite enabling customers in Karachi to monitor their area’s power status and loss profile in…
Pakistan’s NHA Imposes 50% Extra Toll Tax on Non-M-Tag Vehicles
On June 1, 2025, the National Highways Authority (NHA) announced a 50% additional toll tax on non-M-Tag and low-balance vehicles…
Pakistan Secures IMF Income Tax Relief for Salaried Class
Pakistan has reached an agreement in its budget negotiations with the International Monetary Fund (IMF), achieving income tax relief for…
Sanofi Acquires Blueprint Medicines for $9.5B
On June 2, 2025, French pharmaceutical giant Sanofi announced its acquisition of U.S.-based Blueprint Medicines for up to $9.5 billion,…
Pakistan’s Budget to Introduce Differential Tax Rates in War on Cash
Sources revealed that Pakistan’s federal government plans to escalate its “war on cash” in the 2025-26 budget, introducing differential tax…
Pakistan Raises Petrol Price by Rs 1 to Rs 253.63 Per Litre, Diesel Unchanged
On May 31, 2025, the government of Pakistan announced an increase of Rs 1 per litre in petrol prices, raising…
SBP Clarifies Crypto Stance, Announces Strategic Bitcoin Reserve
The State Bank of Pakistan (SBP) clarified that its 2018 advisory did not deem cryptocurrencies illegal but advised regulated entities…
Couche-Tard Bids to Acquire 7-Eleven, Eyes Global Convenience Store Dominance
In a historic move, Canadian company Couche-Tard, owner of Circle K, has launched an unsolicited bid to acquire Seven &…
Pakistan Stock Exchange Soars 600+ Points as Bulls Drive KSE-100 Higher
On Thursday, May 29, 2025, the Pakistan Stock Exchange (PSX) experienced a significant bullish surge. The KSE-100 index rose by…