Petrol, diesel rates likely unchanged or slightly lower
The price of petrol is likely to go down by Rs0.60 per litre and high-speed diesel (HSD) by Rs0.28 per litre, industrial and official sources…
Business
Finance secretary says ban on cryptocurrency still in place, stresses need for regulation
Finance Secretary Imdadullah Bosal on Thursday said that the ban on cryptocurrency was still in place across Pakistan, stressing the need for its regulation. The…
In Historic Move, Pakistan Joins Global Crypto Race with State Bitcoin Reserve
In a landmark announcement at Bitcoin Vegas 2025, Pakistan’s Minister for Crypto and Blockchain Bilal Bin Saqib unveiled the country’s first government-led Strategic Bitcoin Reserve,…
Pakistan extends PIA bidding deadline to June 19
Pakistan has granted prospective investors more time to prepare their bids for the privatisation of Pakistan International Airlines Corporation Limited (PIACL), extending the deadline for…
Asian markets slip, dollar wavers after Trump’s tariff U-turn
Asian shares eased on Tuesday, though US futures rose after President Donald Trump delayed his threatened 50% duties on European Union shipments, while the dollar…
Budget discussions with Pakistan to proceed
The International Monetary Fund (IMF) has announced that discussions on Pakistan’s fiscal year 2026 (FY26) budget will continue over the coming days, following the conclusion…
IMF clarifies Pakistan loan details after Indian journalist’s query
International Monetary Fund (IMF) Director of Communications, Julie Kozack, firmly responded to an Indian journalist’s provocative question regarding funding for Pakistan during the press briefing….
IMF pushes Pakistan for swift action on State-Owned enterprise privatization
The International Monetary Fund (IMF) pressed Pakistan to expedite the privatization of state-owned enterprises as part of ongoing budget negotiations for the 2025-26 fiscal year….
IMF urges end to federal funding for provincial projects
The International Monetary Fund (IMF) has urged Pakistan to gradually phase out federal funding for provincial development projects under the Public Sector Development Programme (PSDP)….
Power base tariffs likely to drop by Rs2 per unit amid fuel price decline
As demand recovers and energy cost projections decline, Pakistan’s electricity watchdog may reduce basic power tariffs by more than Rs2 per unit in the upcoming…