Might 21, 2025 (MLN): The Directorate of Nationwide Financial savings has revised revenue charges throughout numerous Nationwide Financial savings Schemes (NSS), slashing revenue charges by as much as 100 foundation factors with impact from Might 21, 2025. Probably the most vital lower got here within the Saving Account (SA), the place returns had been slashed by 100 foundation…
Could 21, 2025 (MLN): The change charges for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) confirmed minor actions in opposition to the Pakistani rupee (PKR) in right now’s session, sustaining a largely steady development. Trade firms quoted SAR at 75.40 for purchasing and 75.80 for promoting. AED adopted swimsuit, with a…
Darius Baruo Might 21, 2025 13:12 Enterprise capital agency a16z crypto broadcasts its funding in Catena Labs, a startup geared toward revolutionizing monetary infrastructure for AI brokers. Catena Labs: A New Period in AI-Pushed Monetary Techniques Enterprise capital powerhouse a16z crypto has introduced a major funding in…
Could 21, 2025 (MLN): The Securities and Trade Fee of Pakistan (SECP) has formally ceased the assure enterprise of The United Insurance coverage Firm of Pakistan Restricted, efficient instantly, by means of a Route issued on Could 20, 2025, beneath part 60 of the Insurance coverage Ordinance, 2000. Previous to this motion, SECP issued a show-cause…
Could 21, 2025 (MLN): To overview the Pakistan Institute of Commerce and Growth's (PITAD) pivotal function in shaping the nation’s commerce panorama, Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister of Pakistan on Commerce, visited the institute. Through the go to, he obtained a complete briefing overlaying PITAD’s mandate, core features, operational scope, efficiency metrics,…
Could 21, 2025 (MLN): Pakistan is now on the trail of financial improvement, mentioned Finance Minister Muhammad Aurangzeb throughout a gathering the place proposals for the following fiscal yr's federal price range and aid measures for the folks had been mentioned. The assembly was held between the Finance Minister, Minister for Petroleum Ali Pervez Malik, Minister for…
Could 20, 2025 (MLN): The change charges for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) confirmed minor actions towards the Pakistani rupee (PKR) in right this moment’s session, sustaining a largely secure development. Alternate firms quoted SAR at 75.38 for getting and 75.80 for promoting. AED adopted swimsuit, with a shopping…
Might 20, 2025 (MLN): The federal government has unveiled main tariff reforms, together with capping customs responsibility at 15% and phasing out further customs and regulatory duties over the subsequent 4 to 5 years, Prime Minister Shehbaz Sharif stated. The declaration got here throughout a Nationwide Tariff Coverage assembly chaired by the prime minister, who described…
Could 20, 2025 (MLN): Gold value in Pakistan elevated on Tuesday, with pure gold being bought at Rs342,800 per tola, up Rs300. Equally, pure gold per 10-gram was bought at Rs293,895 after a acquire of Rs257, in response to charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The value of 22-karat gold…
Could 20, 2025 (MLN): The federal authorities is about to launch the primary part of its tariff discount initiative within the fiscal yr 2025–26 funds, as outlined within the Nationwide Tariff Coverage 2025–30. Based on a round issued by the Engineering Improvement Board (EDB) on Could 17, 2025, this coverage goals to regularly cut back import…