Islamabad, Mar 17 2025: Pakistan’s Large-Scale Manufacturing (LSM) sector recorded a contraction of 1.78 percent during the first seven months (July–January) of the fiscal year 2024-25 (FY25) compared to the same period last year, according to the latest data released by the Pakistan Bureau of Statistics (PBS). The LSMI output for January 2025 showed a slight decline of 1.22 percent compared to January 2024 but marked a 2.09 percent increase compared to December 2024. Indicating some recovery in industrial production on a month-to-month basis. The provisional quantum indices for Large-Scale Manufacturing (LSM) Industries (LSMI) for January 2025 have been compiled…
Author: Iqra Khan
Islamabad, Mar 17 2025: The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend on Monday, with the benchmark 100-Index climbing 663.42 points, reflecting a 0.57 percent increase. The Pakistan Stock Exchange (PSX) surges the index closed at 116,199.59 points, up from the previous session’s closing of 115,536.17 points, signaling renewed investor confidence. According to a report from brokerage firm Topline Securities, this upward momentum was largely driven by the government’s steps toward resolving Pakistan’s mounting power sector circular debt. Although the proposed Rs. 1.25 trillion debt restructuring plan is still pending final approval, its potential implementation has fueled optimism…
Islamabad, Mar 17 2025: Facebook has silently rolled out a significant change to its content, Facebook Tightens monetization policy, leaving many Pakistani digital creators in distress as their revenue streams get abruptly cut off. The revised guidelines have led to mass demonetization, impacting even those who have consistently followed the platform’s rules and community standards. Mass Demonetization Shocks Pakistani Creators Over the past 48 hours, numerous Pakistani content creators and page owners have reported sudden losses of access to Facebook’s monetization features. READ MORE:
Islamabad, Mar 17 2025: As of March 17 2025, gold rates in Pakistan have reached unprecedented heights, reflecting both global market trends and domestic economic factors. Current Gold Rates in Pakistan Today The price of 24-carat gold per tola (approximately 11.66 grams) surged by Rs 4,700, settling at Rs 314,000 March 17 2025 . Similarly, 10 grams of 24-carat gold experienced an increase of Rs 4,030, bringing the price to Rs 269,204. READ MORE:
Islamabad, Mar 17 2025: The federal government is preparing to unveil the budget 2026 before June fiscal year, marking a significant departure from the usual June timeline. This early presentation is closely linked to ongoing negotiations with the International Monetary Fund (IMF) as Pakistan works toward finalizing the first review of its $7 billion Extended Fund Facility (EFF) program. Sources indicate that key institutions, including the Ministry of Finance and the Federal Board of Revenue FBR), have already begun drafting fiscal policies and revenue targets. The move is aimed at ensuring that IMF-recommended measures are incorporated into the budget 2026…
Islamabad, Mar 17 2025: The Senate Committee on Problems of Less Developed Areas has uncovered significant financial mismanagement in Prominent Islamabad Housing Society. The Federal Government Employees Housing Authority’s (FGEHA) Park Road project, exposing that Rs. 3 billion was disbursed despite no tangible work being carried out. During the inquiry, it was revealed that a contractor secured project funds using a fraudulent bank guarantee. Shockingly, the Finance Director approved payments without verifying the document’s legitimacy. Further allegations surfaced that the same official later attempted to intimidate the contractor by threatening to blacklist the guarantee. READ MORE:
Islamabad, Mar 17 2025: In a significant development for Pakistan’s oil and energy sector, Wafi Energy Pakistan Limited (formerly Shell Pakistan Limited) has joined forces with Nutshell Communications, a leading strategic advocacy and communications firm in the country. The formal agreement was signed by Waqar Siddiqui, Country Chair of Wafi Energy Pakistan Limited, and Muhammad Azfar Ahsan, Founder & Chairman of Nutshell Group, during a high-profile ceremony attended by top executives from both organizations. Among the distinguished attendees were Zubair Shaikh, CEO & GM Mobility, Wafi Energy Pakistan; Habib Haider, Director Corporate Relations, Wafi Energy Pakistan; Rabia S. Ahmad. Director…
Islamabad, Mar 17 2025: Pakistan is facing an alarming water crisis as the Mangla Dam has reached its dead level, bringing hydroelectric power generation to a complete halt. According to reports, other major water reservoirs, including Tarbela Dam and Chashma Barrage, are also approaching their minimum operational levels, intensifying concerns over water availability and energy production in the coming months. A spokesperson from the Water and Power Development Authority (WAPDA) confirmed that the Mangla Dam has officially hit its lowest operational threshold, forcing authorities to cease power generation. READ MORE:
Islamabad, Mar 17 2025: Pakistan is making significant strides in the technology sector, with PM Muhammad Shehbaz Sharif reaffirming the government’s commitment to fostering IT growth and increasing exports to $25 billion with US Tech Firm Afiniti Delegation . During a meeting with a delegation led by Jerome Kapelus, CEO of the American multinational IT company Afiniti Information System, the PM highlighted Pakistan’s potential to compete in the global market, emphasizing that all necessary facilities were being provided to IT companies to support their expansion. The delegation praised the expertise of Pakistani IT professionals, with Kapelus noting that over 1,000…
Islamabad, Mar 16 2025: As of March 16, 2025, the gold Price in Pakistan Today continues its upward trajectory, reflecting both global trends and domestic economic factors. Current Gold Price in Pakistan Today On March 15, 2025, the price of 24-carat gold reached Rs 315,100 per tola, with one gram priced at Rs 27,024, and ten grams at Rs 270,240 Measurement Unit 24K Gold Price (PKR) Per Tola 315,100 Per Gram 27,024 10 Grams 270,240 Historical Gold Price Trends Over the past year, gold prices in Pakistan have experienced significant fluctuations. In February 2025, prices ranged from Rs 784,579 to…
