Business Desk

Business Desk

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

ECC approves refinery upgrade agreements, PKR 75 billion fuel relief scheme
Markets

ECC approves refinery upgrade agreements, PKR 75 billion fuel relief scheme

The committee also approves sugar exports, PNSC restructuring, oil marketing company claims and bulletproof vehicles for the 2027 SCO summit

IRTH Group named principal sponsor of Gulf United for 2026/27 season
Latest

IRTH Group named principal sponsor of Gulf United for 2026/27 season

Dubai-based property developer to become club’s official front-of-shirt partner across first team and academy

Pakistan cuts sales tax to 18% on qualifying locally made hybrids up to 2,000cc
Business

Pakistan cuts sales tax to 18% on qualifying locally made hybrids up to 2,000cc

Hybrid sales tax in Pakistan has been reset through a Table-II exemption, easing the burden on qualifying local models after earlier concessions expired

SBP policy rate: Most expect 11.5% hold as hike risk rises
Top Stories

SBP policy rate: Most expect 11.5% hold as hike risk rises

Topline’s poll shows 84% expect no change, while Arif Habib assigns a 60%-65% chance of a 50bp hike as August inflation reaches 11.1%

ICMA urges caution on rate cuts as inflation rises ahead of SBP meeting
Research

ICMA urges caution on rate cuts as inflation rises ahead of SBP meeting

The institute says petroleum shocks can feed inflation for three to nine months and wants future rate cuts tied to easing core inflation and a stable rupee

Petrol price in Pakistan jumps nearly PKR 30 to PKR 375.82
Markets

Petrol price in Pakistan jumps nearly PKR 30 to PKR 375.82

Petrol price in Pakistan rose PKR 29.95 in a week as international benchmarks climbed, while levies stayed unchanged and the rupee was broadly steady