Economy

Rawalpindi facility could begin producing lithium-ion cells within six to eight months of government policy approval, says EDB official

Individuals, businesses and traders could face increased penalties from November 1, according to FBR sources

New system will track steel production, measure output and verify dispatches, with data sent directly to the tax authority

Petrol rises to PKR 379.25 per liter and diesel to PKR 395.82, leaving both fuels more than 40% above their pre-war levels

SBP governor says around USD 10 billion in obligations is expected to be managed through rollovers and refinancing, with USD 5.5 billion still to be repaid

Services inflation remains elevated at 8.9% as SBP raises its policy rate to 12% and warns that Middle East tensions could prolong price pressures

Petroleum Minister Ali Pervaiz Malik highlights refinery upgradation investment opportunities as US companies show interest in LNG supplies to Pakistan.

Karachi Chamber says the IRIS portal prevents some returning tax residents from updating their opening wealth balances, making it difficult to file accurate returns for 2026

Central bank hikes policy rate by 50 basis points amid Middle East inflation risks, while projecting stronger economic growth and foreign exchange reserves

Textile manufacturer plans five additional industrial plots in Nooriabad alongside a 7.5 MW wind turbine, up to 6 MW of solar power and battery storage

Collaboration will introduce new QR code payments and investor verification services, allowing brokers to streamline payment collection and margin calls

Finance Ministry's FY27 first-quarter scorecard shows stronger exports, remittances and investment, while manufacturing grows 1.85% in July–August

National Tariff Commission finds preliminary evidence that dumped imports harmed domestic manufacturers; duty will remain in place for four months

Business body warns that raising the policy rate above 11.5% would increase production costs, discourage investment and hamper economic growth

Revised rules specify a PKR 500 million ceiling for investments in a single startup, alongside limits for company shares and investment funds

Brokerages point to the October 26 monetary policy meeting, corporate earnings and rising oil prices after the KSE-100 fell 2.4% last week

Diesel also declines by PKR 3.30 as the latest revisions leave petrol at PKR 377.71 and diesel at PKR 393.66 per liter for October 24–26

Association says IRIS automatically carries forward old wealth balances, preventing returning residents from entering updated figures for tax year 2026

Proposed PKR 1,000 increase aims to help farmers cover rising costs, encourage cultivation and strengthen domestic wheat production