Sunday , March 8 2026

Tag Archives: Karachi

NEPRA fines K-Electric Rs25Mn over blackout

Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs25 million on K-Electric Limited (KE) for operational lapses linked to the January 2023 nationwide power breakdown, which left the country without electricity for nearly 20 hours. The regulatory order, follows an extensive inquiry into …

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BingX hosts inaugural Pakistan Meetup in Karachi

Benewz Report BingX, a leading cryptocurrency exchange and Web3 AI company, concluded its first-ever BingX OnTour Meetup in Pakistan, held in Karachi on September 20, 2025. This milestone reinforced BingX’s commitment to building stronger connections with traders, enthusiasts, and influencers in one of the fastest-growing crypto communities. The BingX OnTour …

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FBR officers arrested in smuggled vehicles scam

Aftab Maken FIA arrests FBR officials after probe finds fraudulent regularization of smuggled vehicles through Customs’ digital system, said an official announcement of the FBR on Wednesday. The Federal Board of Revenue (FBR) has moved against its own officers after an investigation revealed their involvement in a racket that fraudulently …

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InDrive driver arrested after Karachi abduction bid

BeNewz Report A fashion student in Karachi escaped an alleged abduction attempt by an InDrive driver after leaping from a moving car, leading to the suspect’s arrest. A late-night ride-hailing trip in Karachi turned into a harrowing ordeal on Tuesday when a young fashion student narrowly avoided abduction and harassment …

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PSX crosses 149,000 points: Rupee gains against dollar

BeNewz Report Pakistan Stock Exchange opened the week on a positive note with the benchmark index crossing 149,000 points, while the rupee strengthened against the dollar. The Pakistan Stock Exchange (PSX) maintained its bullish trend on Monday, with the benchmark KSE-100 index climbing 231 points at the start of trading. …

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FBR seals Sowears over massive tax evasion

The Federal Board of Revenue (FBR), under the jurisdiction of Regional Tax Office-II, carried out a major operation and uncovered alleged tax evasion exceeding Rs 100 million by a well-known fashion brand. As part of the operation, four of the brand’s outlets were sealed. In an official statement, the FBR …

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No Question of Tax Exemption: Finance Minister

Federal Finance Minister Muhammad Aurangzeb has stated that Pakistan’s economic stability is evident to the world. He emphasized that the rising volume of imports remains a major challenge. However, he expressed hope that, God willing, this would be the last program with the International Monetary Fund (IMF) — a goal …

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