Might 23, 2025 (MLN): The federal funds shall be offered on June 10, whereas the Financial Survey shall be launched on June 9. Earlier, it was scheduled to be introduced on June 3. An allocation of Rs921 billion has been set for the Public Sector Improvement Program (PSDP), reflecting a 16% discount from the revised Rs1.1…

Could 23, 2025 (MLN): President Donald Trump stated in a social media submit Friday morning that Apple should pay a tariff of 25% or extra for iPhones made exterior the USA. "I’ve way back knowledgeable Tim Cook dinner of Apple that I anticipate their iPhone's that might be offered in the USA of America might be…

Could 23, 2025 (MLN): ACCA (the Affiliation of Chartered Licensed Accountants) Pakistan has formally launched its complete Funds Proposal for the fiscal yr 2025–26, presenting a well-rounded, reform-oriented roadmap to strengthen Pakistan’s taxation system and promote sustainable financial development. This proposal displays over a decade of engagement with Pakistan’s fiscal reform course of and is knowledgeable…

Might 23, 2025 (MLN): Pakistan’s short-term inflation decreased by 0.29% in comparison with the earlier week, whereas it rose by 1.35% in comparison with the identical interval final 12 months, the Pakistan Bureau of Statistics (PBS) reported on Friday. In the course of the week, out of 51 objects, costs of 13 (25.49%) objects elevated, 14…

Might 23, 2025 (MLN): The State Financial institution of Pakistan (SBP) carried out a reverse repo and Shariah Compliant Modarabah primarily based Open Market Operation (OMO) as we speak, wherein it cumulatively injected a complete of Rs12.8 trillion into the market of which Rs12.4tr have been injected by way of reverse repo OMO.   Abstract of OMO Consequence (Standard)  …

Could 22, 2025 (MLN): The international change reserves held by the State Financial institution of Pakistan (SBP) surged by $1.04 billion or 10.03% WoW to $11.45bn in the course of the week ended on Could 16, 2025, information launched by the Central Financial institution confirmed on Thursday. The sharp rise in reserves got here after Pakistan…

Might 22, 2025 (MLN): Gold value in Pakistan decreased on Thursday, with pure gold being offered at Rs347,500 per tola, down Rs1,900. Equally, pure gold per 10-gram was offered at Rs297,925 after a decline of Rs1,629, in response to charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The worth of 22-karat gold…

Could 22, 2025 (MLN): The federal government is ready to lift Rs70.886 billion by the outright buy of Authorities of Pakistan Ijara Sukuk (GIS VRR-19) on a deferred cost foundation, also called Bai Muajjal. The association is being facilitated by the State Financial institution of Pakistan (SBP) by its Home Markets & Financial Administration Division, in accordance…

Might 22, 2025 (MLN): Witnessing a dramatic twist on Thursday, the benchmark KSE-100 Index surged to a historic all-time excessive of 120,668.42 factors throughout intraday buying and selling, marking a achieve of 736.97 factors at 10:19 AM. Nevertheless, the bullish momentum pale rapidly. By market shut, the index had reversed course, shedding 778.41 factors to settle at…

Could 22, 2025 (MLN): Pakistan and Azerbaijan reaffirmed their dedication to strengthening bilateral relations, notably within the vitality sector. This got here throughout a gathering between Federal Minister for Petroleum Ali Pervaiz Malik and the Ambassador of Azerbaijan to Pakistan, H.E. Khazar Farhadov, held on the Ministry of Petroleum. The dialogue centered on enhancing collaboration in…