Business Desk

Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

Pakistan's Senate adopts 123 budget recommendations, seeks tax relief for salaried class
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Pakistan's Senate adopts 123 budget recommendations, seeks tax relief for salaried class

Pakistan's Senate adopts 123 budget recommendations for FY2026-27, seeking a higher tax exemption threshold, 15% salary hikes and electricity relief for consumers

Finance minister says Pakistan's economy stabilized, credits Iran-US peace role as budget debate concludes
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Finance minister says Pakistan's economy stabilized, credits Iran-US peace role as budget debate concludes

Aurangzeb says Pakistan's economy has stabilized with record remittances and a 4% growth target, crediting Pakistan's role in Iran-US peace talks

Pakistan Senate seeks exporter tax relief and faster refunds in Finance Bill 2026-27 recommendations
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Pakistan Senate seeks exporter tax relief and faster refunds in Finance Bill 2026-27 recommendations

The upper house urges the NA to restore the 1% Final Tax Regime for exporters, clear outstanding refunds, and cut energy costs in Finance Bill 2026-27.

Pakistan cuts petrol price by Rs74 per liter as global oil rates fall
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Pakistan cuts petrol price by Rs74 per liter as global oil rates fall

PM Shehbaz cuts petrol price by Rs74, diesel by Rs67 for next fortnight, passing on relief from falling global oil rates

Foreign investors repatriate $2.15 billion in profits from Pakistan in 11 months of FY26
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Foreign investors repatriate $2.15 billion in profits from Pakistan in 11 months of FY26

SBP data shows profit outflows rose 2.3% year-on-year, with financial and power sectors leading repatriations as overseas transfers ease

CDWP clears 12 development projects worth PKR 435.7 billion under URAAN Pakistan
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CDWP clears 12 development projects worth PKR 435.7 billion under URAAN Pakistan

Six projects worth PKR 16.9 billion approved, while six major schemes totaling PKR 418.8 billion referred to ECNEC for final approval