Pakistan Media Network

Latest & Trendy News All Around Pakistan

Day: May 22, 2024

Market

Gold Price in Pakistan Drops Slightly But Remains Near Rs. 250,000 Per Tola

The price of gold in Pakistan declined marginally on Wednesday to close at Rs. 248,200 per tola.

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) dropped by Rs. 300 per tola to Rs. 248,200, while the price of…

Market

Car Industry Begs Govt to Change Used Car Policy to Improve Their Sales

The auto vendors have asked the government to revisit import of used cars policies during the upcoming budget as the import of used cars has caused over Rs. 50 billion in losses to the country’s economy during the first eight months of the current fi…

Market

FBR Restricts Entry of Visitors At Main Office Amid Budget Preparations

The Federal Board of Revenue (FBR) has restricted the entry of visitors at its main headquarters to ensure confidentiality and security of the budget preparation process.

According to a circular issued by the tax machinery, only the FBR Chairman, Ta…

Market

Crescent Star Insurance Shares Update on Settlement with Dost Steels

Crescent Star Insurance Limited (PSX: CSIL) Wednesday announced that it has started receiving money from advance given to Dost Steels Ltd (DSL), in continuation of the arrangements made.

‘Further to information shared by Crescent Star Insurance Limi…

Market

Telcos Have so Far Blocked SIMs of 9,000 Non-Filers

Telecom operators have so far blocked mobile SIMs of 9,000 non-filers under directives of the Federal Board of Revenue (FBR).

A spokesperson of the FBR said on Wednesday that telecom operators have sped up the process of blocking SIMs. The spokesper…

Market

Govt Order to Block Non-Filer SIMs Still in Effect: Islamabad High Court

The Islamabad High Court on Wednesday held a hearing on the case of the federal government’s decision to block mobile phone SIMs of non-filers.

The session focused on an application to dismiss the stay order on taking action against telecom companie…

Market

SNGPL Urges Petroleum Division to Help Settle Rs. 84 Billion Payment to PSO

Sui Northern Gas Pipelines Limited (SNGPL) has urgently asked the Petroleum Division to help settle outstanding dues of Rs. 84 billion owed to Pakistan State Oil (PSO) by May 31, 2024.

This payment is crucial for clearing RLNG supplies and equalizin…