Government to Brief IMF on New Tariff Policy Framework
The visiting International Monetary Fund (IMF) delegation is set to receive a detailed briefing today on the broader economic impact of Pakistan’s newly announced tariff…
Business
Petroleum price hike challenged in Lahore High Court
The recent increase in the prices of petroleum products (POL) was challenged in the Lahore High Court (LHC) on Saturday. In yet another miscellaneous petition,…
Pakistan Stock Market Hits Historic Peak at 169,000 Points
The Pakistan Stock Exchange (PSX) on Friday stormed ahead with its robust bull-run, trampling the 169,000-mark barrier for the first time in its history as…
Pakistan can manage flood relief on its own, says Finance Ministry
Finance Minister Muhammad Aurangzeb has ruled out the need for United Nations (UN) assistance for flood relief, stating that Pakistan has sufficient resources within its…
Pakistan’s trade deficit rises 33% in Q1 of FY25
Pakistan’s trade deficit surged 32.92 percent during the first quarter of the current fiscal year (July–September), reaching $9.36 billion, according to data released by the…
Pakistan Stock Exchange Hits All-Time High as Shares Rally
The Pakistan Stock Exchange (PSX) extended its record-breaking rally on Wednesday, surpassing the 166,000-mark as economic and geopolitical developments continued to boost investor confidence. By…
Billions of rupees short as FBR misses tax target
The Federal Board of Revenue (FBR) has failed to achieve the tax collection target during the first quarter of the current fiscal year 2025-26, on…
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…
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…