Government approves commercial import of used vehicles under IMF agreement
Pakistan has fulfilled yet another tough condition of the International Monetary Fund (IMF) by allowing the commercial import of vehicles older than five years, effective…
Business
Govt announces Rs4.07 per litre hike in petrol price
The federal government has announced a Rs4.07 per litre increase in petrol price for the next two weeks, till October 15. According to a notification…
ADB warns Pakistan floods may drive inflation but growth outlook stays positive
The Asian Development Bank (ADB) has cautioned that recent Pakistan floods could trigger inflationary pressures and slow economic growth, despite signs of recovery. In its…
Pakistan Stock Exchange 100-index surges past 165,000
The Pakistan Stock Exchange (PSX) extended its record-breaking rally on Tuesday, crossing the 165,000-point mark amid improving market sentiment, supported by the Asian Development Bank’s…
Pakistan’s GDP growth pegged at 3% by ADB for this financial year
The Asian Development Bank (ADB) has released its Asian Development Outlook report for the current fiscal year 2025-26. In the report, the ADB maintained Pakistan’s…
No extension in tax year 2025 filing deadline: FBR
The Federal Board of Revenue (FBR) on Monday rejected reports of an extension in the deadline for filing income tax returns for Tax Year 2025,…
Electricity prices set to rise next month
Electricity prices are expected to rise across the country next month. The National Electric Power Regulatory Authority (NEPRA) is scheduled to hold a hearing today…
Fuel cost set to rise in the coming days
Already struggling under the weight of rising living costs, Pakistanis should brace for yet another financial blow as petroleum product prices are likely to increase…
Power Division’s Integrated System Plan 2025-35 rejected by APTMA
All Pakistan Textile Mills Association (APTMA) has rejected the Integrated System Plan 2025-35 prepared by the Power Division. In a letter addressed to the National…
Gold prices drop in Pakistan following global market downturn
Gold prices in Pakistan fell on Friday, mirroring a decline in the international market, with the yellow metal losing Rs1,000 per tola in the local…