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Reuters
Feb 26, 2025

Dassault Systèmes partners with Apple to put industrial 3D software on Vision Pro

France-based Dassault Systèmes has hundreds of thousands of customers who use its software to design cars, airplanes and factories, according to the company.

Business

Web Desk Karachi
Feb 26, 2025

Aurangzeb proposes creation of National Crypto Council for digital currency adoption

The council will play a crucial role in overseeing policy development, addressing regulatory challenges, and ensuring that Pakistan’s digital asset ecosystem develops securely, compliantly, and sustainably.

Business

Web Desk
Feb 26, 2025

PSX dips after early gains but remains above 114,000

The Pakistan Stock Exchange (PSX) opened on a positive note on Wednesday, as the benchmark KSE-100 index was trading up by 130.77 points at 114,658.85.

Business

Web Desk Karachi
Feb 26, 2025

SBP aims for 75pc banking coverage by 2028, urges banks to expand credit to SMEs

Currently, approximately 74 percent of bank lending in Pakistan is allocated to well-established sectors, whereas a mere 5 percent is directed towards small and medium enterprises (SMEs).

Business

Web Desk
Feb 26, 2025

Bitcoin struggles to recover, hits low of $88,159

Bitcoin entered Wednesday’s trade in the red as the price of the world’s largest cryptocurrency dropped to $88,159.55 around 00:55 UTC.

Business

Web Desk Karachi
Feb 26, 2025

IMF mission set to arrive on March 3 for $7 billion EFF programme review

The initial phase of their visit will focus on technical discussions, which will subsequently be followed by policy-level negotiations in the second phase.

Business

Web Desk Karachi
Feb 26, 2025

FBR withdraws export facilitation scheme for iron and steel scrap to combat tax evasion

According to tax experts, by excluding iron and steel scrap from the EFS, importers of compressors and motors will now be required to pay all applicable taxes during the import process, including customs duties, sales tax, and income tax.

Business

Web Desk Karachi
Feb 26, 2025

K-Electric’s sales tax practices challenged as FTO mandates change across eleven DISCOs

This directive came following a complaint from a consumer of K-Electric who alleged that the company was improperly charging sales tax on the total value of electricity provided, without accounting for net metering.

Business

Web Desk Karachi
Feb 26, 2025

Pakistan and Iran strengthen economic ties with new trade agreement

The MoU was formalised during a high-level meeting between representatives from the Federation of Pakistan Chambers of Commerce and Industry and the Mashhad Chamber of Commerce and Industry of Iran.

Business

Web Desk
Feb 26, 2025

Sir Syed Express train suspended as plans to outsource seven trains continue

Sir Syed Express train has been suspended as Ras Logistics refuses to operate with declining revenues. Meanwhile Punjab continues plans to outsource more trains.

Dassault Systèmes partners with Apple to put industrial 3D software on Vision Pro

Aurangzeb proposes creation of National Crypto Council for digital currency adoption

PSX dips after early gains but remains above 114,000

SBP aims for 75pc banking coverage by 2028, urges banks to expand credit to SMEs

Bitcoin struggles to recover, hits low of $88,159

IMF mission set to arrive on March 3 for $7 billion EFF programme review

FBR withdraws export facilitation scheme for iron and steel scrap to combat tax evasion

K-Electric’s sales tax practices challenged as FTO mandates change across eleven DISCOs

Pakistan and Iran strengthen economic ties with new trade agreement

Sir Syed Express train suspended as plans to outsource seven trains continue

Pakistan continues military operation against Afghan Taliban positions: security sources

England knock New Zealand out with four-wicket win; Pakistan still alive in semi-final race

ECC approves loan for low-cost housing scheme

Afghan Taliban supporting terrorism: Attaullah Tarar

New Zealand set England a 160-run target in Super Eights clash

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