Iran-US war boosts Pakistan’s non-tax revenue; Rs1.23tr levy collected
Govt collects over Rs1.23tr in levy as rising fuel costs drive higher revenue from consumers
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Pakistan records $1.7b current account surplus in March
Country maintains surplus despite Eurobond repayments and ongoing geopolitical tensions
Gold price in Pakistan rises for third day, stays above Rs500,000
In international market, gold hikes to $4,825 per ounce
Digital fuel management: Petrol purchase limits set nationwide
Govt introduces app-based monitoring to curb smuggling, hoarding while ensuring full transparency in fuel sales
Oil prices steady as US-Iran talks uncertainty persists
US-Israeli war results in largest-ever disruption of global oil, gas supplies
IMF praises Pakistan’s reforms for economic stability
Minister engages IMF, ADB, Fitch, global investors while outlining Pakistan’s strategy for stability
Pakistan receives $2bn from Saudi Arabia, SBP confirms
Pakistan faces $3.5bn UAE payment and recent Eurobond repayments
Gold gains as US-Iran peace deal hopes rise
US dollar hovers near its lowest level in six weeks
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Major oil, gas discovery reported in Kohat
Discovery expected to boost output, strengthen energy security, and cut reliance on imported fuel
Rs750 prize bond draw April 15 result announced - Check here
Total of 1,696 third prizes have also been announced in this draw
Bulk power consumers allowed to buy power from multiple suppliers
Nepra introduces major reforms in power sector
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PM orders strict action over billions lost in over-invoicing scandal
'Practice persisted from 2017 to 2022 amid institutional negligence'
Gold price in Pakistan crosses Rs500,000
In international market, gold hikes to $4,811 per ounce
Gas prices in Pakistan likely to skyrocket
Hormuz blockade stops 22 LNG cargoes; concerns raised over revenue shortfall, possible outages
Pakistan lifts virtual currency ban, banks to open accounts
New regulations allow banks to work with licensed crypto firms
Govt cuts development budget by Rs173bn amid Middle East tensions
Authorities state reduction in development spending is necessary to meet IMF requirements
Saudi Arabia announces $3bn aid for Pakistan
Minister says funding comes on top of Riyadh extending rollover arrangement for another $5bn deposit
Privatisation board approves first phase of DISCOs sell-off
Initial phase will include privatisation of FESCO
IMF outlook warns Middle East war to slow global growth
Pakistan faces inflation rise; global growth seen easing to 3.4%
PSX stages strong rebound, surge over 4,700 points on ceasefire talks optimism
Market surged by more than 4,700 points during intraday trading
Pakistan faces new power crisis: Check loadshedding schedule
Govt imposes outages during peak hours to avoid costly fuel
Pakistan likely to get $3bn financial aid from Saudi Arabia
Finance Ministry says UAE loan will be repaid on time; talks with other allies continue for assistance
Alibaba enters Pakistan after SECP license to Cocotech
Pakistan’s financial and e-commerce landscape sees a major development
Gold price in Pakistan sees another big hike
In international market, gold hikes to $4,776 per ounce
Solar panel prices continuously rising in Pakistan
Experts warn IMF-linked policies, taxes may slow adoption of solar energy
FINANCE
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Pakistan govt spending crosses Rs15,665bn, exceeding revenue
Budget deficit reaches Rs856bn in first nine months
Electricity consumers paid over Rs1,906bn taxes in 3 years
LESCO records highest tax collection
Pakistan population may reach 400m by 2050
New report says rapid growth may put severe pressure on health, education, jobs, water, food
Pakistan receives $1.3bn IMF tranche
State Bank receive $1.1bn under EFF program, $200m in climate financing
Pakistan-IMF budget talks begin as mission arrives
Both sides to discuss tax revenue, reforms, energy-sector progress, privatization
AUTO
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Big savings on Suzuki motorcycles: New discount offer announced
Prices of Suzuki motorcycles have increased
Kia Motors announces new price for Stonic
Company implemented a price lock for orders with partial payments for delivery in Dec 2024
Most MPs have smuggled vehicles: Faisal Vawda
Senate committee opposes new tax on hybrid and electric vehicles
Green Pakistan Initiative: Hashoo Group & Dewan Motors boost EV infrastructure
Collaborative effort sets stage for sustainable mobility across nation
Proxy firm advises shareholders to reject Elon Musk's $56 billion pay package
Package has no salary or cash bonus, sets rewards based on Tesla's market value
STARTUPS
MorePOWER
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IMF, World Bank, IEA join hands to tackle global energy crisis
Middle East war drives surge in oil, gas and food prices, raising inflation fears
Petrol price likely to surge by over Rs100 per litre
Fuel consumption in Pakistan surges despite govt's austerity campaign, sales increase by 13%
Govt revises solar billing, ends net metering relief
New policy declares surplus units as zero, ends benefits on additional solar generation
Pakistan gets oil supply assurances from friendly nations
Saudi Arabia, Oman and Kuwait step in to ensure uninterrupted petroleum supply
Oil prices drop over 3% amid Middle East uncertainty
Prices rise earlier, turn lower as uncertainty over conflict prompts investors to lock in gains
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Earthquake tremors felt in Lahore, several Punjab districts
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Local holiday announced on June 8
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Gold price in Pakistan rises again after dip
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Zahir Jaffer's death sentence upheld in Noor Mukadam murder case
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MG Pakistan launches 0% markup financing offer
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Pakistan may need IMF support again, requires $123bn financing
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Tourists advised against Azad Kashmir travel from June 5
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Gold, silver prices in Pakistan drop
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Two killed in aerial firing at PML-N rally in Diamer’s Tangir
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Iran claims targeting US destroyer in Gulf of Oman
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