The Pakistani Rupee (PKR) has kicked off 2022 by reversing last week’s gains against the US Dollar (USD) in the interbank market today. It depreciated by 23 paisas against the greenback after hitting an intra-day high of Rs. 176.1 against the latter du…
The federal government has decided to establish an institute, called the National Institute of Intelligence and Security Studies (NISS), at Quaid-e-Azam University (QAU).Sources told ProPakistani that the federal cabinet on Tuesday approved the proposa…
Habib Bank Limited (HBL), Pakistan’s largest and most profitable bank, has once again left its customers in a lurch with either interrupted or no service at branches, ATMs, online, and related mobile banking channels.The system of HBL has yet again col…
The IT, technological, and financial service providers will now be allowed to set up or sponsor a digital bank, as the State Bank of Pakistan (SBP) has launched its new licensing and regulatory framework. SBP will accept applications till March 31 and …
The Ministry of Information Technology and Telecommunications has devised strategic plans and guidelines for the launch of 5G in the country, proposing that various institutions should start working in this direction in their respective areas.The Minis…
The Federal Board of Revenue (FBR) on Tuesday revised and increased the rates of sales tax on petroleum products.According to the FBR SRO 1(I)/2022, THE sales tax on petrol has been increased from 1.63 percent to 4.77 percent from January 1, 2022. And,…
