According to the State Bank of Pakistan (SBP), the American dollar appreciated by 11 paise against the local currency to PKR 278.40 from PKR 278.29 a day earlier.
Pakistan's outgoing caretaker government on Thursday increased the petrol price by Pakistan Rupees (PKR) 2.73 per litre to PKR 275.62 per litre for the next 15 days.
The statement said that under the new ordinance, the punishment under Section 147 of PPC was up to two years imprisonment or fine or both, but it had been increased to three years with a fine up to pakistan rupee (PKR) 200,000.
Shockingly, since its implementation in July 2022, the illicit sector's share has grown from 37% in the financial year 2021-22 to 63% by the end of 2023-24. This increase is expected to cause a revenue loss of Pakistan rupee (PKR) 310 billion to the government in FY24.
The All Pakistan Business Forum (APBF) President has said that the inflation measured by the Sensitive Price Indicator (SPI) continued to witness a rise.
Pakistan's top anti-corruption organisation, - National Accountability Bureau (NAB) recovered Pakistan rupees (PKR) 2.3 trillion besides accruing over USD 10 billion in savings to the national exchequer.
It reported that the district and sessions court in Mardan granted him bail in the May 9 case against a surety bond of Pakistan rupees (PKR) 90000 but rearrested by Swabi police under MPO.
As part of an anti-power theft campaign, the Faisalabad Electric Supply Company (FESCO) imposed a fine of Pakistan rupees (PKR) 516.8 million (approximately 1.8 million USD) on electricity thieves caught during 86 days of crackdown in the region, ARY News reported on Monday.