Economy

Pakistan reduces petrol, diesel prices by PKR 6
Business

Pakistan reduces petrol, diesel prices by PKR 6

The new prices will take effect from October 16

Pakistan raises PKR 742B debt through T-bills auction
Business

Pakistan raises PKR 742B debt through T-bills auction

A day ago, the government raised PKR 507bn through the auction of fixed Pakistan Investment Bonds

Pakistan again extends deadline for filing tax returns
Top Stories

Pakistan again extends deadline for filing tax returns

Tax professionals have been seeking extension due to glitches with digital filing platform

IMF, Pakistan reach staff-level agreement for loan program reviews
Top Stories

IMF, Pakistan reach staff-level agreement for loan program reviews

The deal, part of ongoing Extended Fund Facility and Resilience and Sustainability Facility programs, is likely to unlock $1.2 billion in fresh funding

Turkey gets operational stake in Pakistan's oil field
Business

Turkey gets operational stake in Pakistan's oil field

Turkish state-owned firm to invest in the Eastern Offshore Indus C Block

Fuel prices in Pakistan may be reduced by up to PKR 6 per liter for upcoming fortnight
Top Stories

Fuel prices in Pakistan may be reduced by up to PKR 6 per liter for upcoming fortnight

Sources say the initial calculations have been prepared in light of declining global oil prices

Banking sector in Pakistan gains momentum on digital surge, remittance strength
Top Stories

Banking sector in Pakistan gains momentum on digital surge, remittance strength

With 89% of retail transactions now digital and remittances nearing $39 billion, banks are poised to sustain growth despite narrowing margins

Pakistan reaffirms reform commitments, seeks investment at IMF, World Bank meetings
Top Stories

Pakistan reaffirms reform commitments, seeks investment at IMF, World Bank meetings

Finance Minister Muhammad Aurangzeb holds high-level talks in Washington to advance economic reforms, climate finance, and private sector investment

Pakistani banks projected to sustain growth through 2026: AKD Securities
Top Stories

Pakistani banks projected to sustain growth through 2026: AKD Securities

Brokerage sees robust asset base expansion, stronger non-interest income, and solid asset quality supporting profitability amid easing rates and economic recovery

Pakistan to expand shipping fleet with two new oil vessels
Top Stories

Pakistan to expand shipping fleet with two new oil vessels

PNSC signs agreement to purchase Aframax-class oil tankers

Pakistan tax bodies seek another extension to filing deadline
Business

Pakistan tax bodies seek another extension to filing deadline

The last date for submitting income tax returns is September 15

Pakistan receives $10.9 billion via Roshan Digital Account since its launch
Top Stories

Pakistan receives $10.9 billion via Roshan Digital Account since its launch

Nearly two-thirds of inflows have been utilized domestically, providing crucial support to Pakistan’s foreign reserves amid economic uncertainty

Pakistan-Afghanistan trade down 6% in FY26's first quarter
Top Stories

Pakistan-Afghanistan trade down 6% in FY26's first quarter

Total bilateral trade between July and September stood at $475 million, down from $502 million during the same period last year

Pakistan gets whopping PKR556B as tax from salaried class
Business

Pakistan gets whopping PKR556B as tax from salaried class

Data shows public, private employees shouldering disproportionate withholding tax burden

Pakistan to cut GDP, forex targets to secure IMF loan deal
Top Stories

Pakistan to cut GDP, forex targets to secure IMF loan deal

Sources says Finance Ministry, Fund are holding virtual talks on staff-level agreement

China warns of investment fallout after Pakistan revokes donkey farm licenses
Top Stories

China warns of investment fallout after Pakistan revokes donkey farm licenses

Chinese investors have reportedly invested millions of dollars in donkey breeding and export projects across various regions of Pakistan

Pakistan seeks deeper investment ties with Saudi Arabia
Top Stories

Pakistan seeks deeper investment ties with Saudi Arabia

Finance Minister says country is undergoing critical reforms after achieving macroeconomic stability

Pakistan car sales up 67% on back of lower interest rates
Top Stories

Pakistan car sales up 67% on back of lower interest rates

Analysts say purchases likely to increase further with the arrival of new models

Real size of Pakistan's economy close to $1 trillion: finance minister
Top Stories

Real size of Pakistan's economy close to $1 trillion: finance minister

Finance minister highlights macroeconomic stability, structural reforms, and growing Saudi partnership

The agreement paves way for Saudi participation in the future strategic direction of K-Electric
Top Stories

Saudi investor signs deal for stake in Pakistan’s power company

MoU signed for the transaction of a majority stake in K-Electric