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Pakistan ranks third globally in crypto

Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/ File Photo ISLAMABAD: Pakistan has emerged as the world’s third-largest cryptocurrency market, with around 40 million Pakistanis holding crypto accounts. Pakistan Virtual Assets Regulatory Authority (Pvara) Chairman Bilal Bin Saqib on Monday told the Senate Standing Committee on Cabinet Secretariat … Read more

Punjab passes anti-terror law amid protest

LAHORE: The provincial assembly of Punjab on Monday passed the Punjab Anti-Terrorism (Amendment) Bill, 2026 amid a protest and walk-out by opposition lawmakers. During the session, Punjab Assembly Speaker Malik Muhammad Ahmad Khan and Opposition Leader Moin Riaz Qureshi held a heated debate over the new legislation’s legal and constitutional implications. Addressing the house, the … Read more

PSX slips 721 points over mounting ME tensions

Index comes under pressure on soaring oil prices; refineries emerge as key outperformers KARACHI/JOHI: Pakistan Stock Exchange (PSX) lost around 720 points on Monday as investor selling kept the benchmark KSE-100 index under pressure in the face of escalating geopolitical tensions, rising international oil prices and cautious sentiment. Stock offloading was observed in key sectors, … Read more

FBR achieves Rs1.71tr tax target

FBR received Rs719 billion worth of sales tax, exceeding the target by Rs85 billion. PHOTO:FILE ISLAMABAD: Amid slowing growth in tax collection, the Federal Board of Revenue (FBR) met its first two months’ target of Rs1.71 trillion on the back of higher sales tax receipts that exceeded the threshold, underscoring the challenges being faced in … Read more