Oil rises as US and Iran trade strikes
US crude futures rise $2.29 or 2.62% to $89.65 a barrel; Brent futures rise to $93.17 a barrel
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Electricity subsidy not ending for protected consumers: Leghari
Says major financial gains achieved through reforms in the energy sector.
Punjab budget enters final stages with no new taxes planned
Provincial budget outlay estimated at Rs6,000bn
Budget 2026-27: IMF asks Pakistan to raise GST to 19%
Pakistan-IMF budget talks enter final stage
Qatar allows temporary toll tax on ships passing Strait of Hormuz
Qatar’s deputy prime minister says permanent toll charges will burden consumers
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FBR annual tax target reduced for second time
Pakistan-IMF talks show progress
FBR misses monthly tax revenue target again
Shortfall likely to exceed Rs860bn
Dollar gains Rs0.5 in open market after Eid-ul-Azha holidays
Dealers expect conditions to stabilise from Monday
Budget 2026-27: Industrialists seek single-digit interest rate
Faisalabad exporters seek lower energy costs
Iran-US deal prospects, lower global oil prices lift PSX
Recovery continued across May; KSE-100 Index gained 10,969 points
Budget 2026-27 planning: APCC meeting set for Monday
Ahsan Iqbal to chair meeting to finalise development priorities, growth targets
E-commerce policy draft finalised to accelerate access to global market
Policy focuses on digital payments
Public transport fares reduced in Punjab
Lahore transporters agree to 4% fare reduction, Faisalabad passengers get relief of up to Rs200
Govt gave Rs128bn subsidy on petroleum products in March
Ministry says relief includes support for motorcyclists, aid for small farmers, public transport, railway
KP budget to prioritise 218 key projects, focus on mega development
KP plans to allocate 80% of development funds to ongoing projects, limit new schemes
Gold price in Pakistan latest: May 30, 2026
In international market, gold hikes to $4,538 per ounce
Heavy taxes on food, essentials to continue in budget
Govt appears hesitant to reduce duties on sugar, cooking oil, tea, medicines, chicken, eggs etc
Good news: Jet fuel price cut, airfares likely to drop
Govt gives major relief to airlines as new jet fuel price falls to Rs283.52 per litre
Solar panels, electric vehicles may become expensive in Budget 2026-27
IMF seeks higher GST on EVs, solar panels; textile sector seeks tax relief, lower energy tariffs
IMF, World Bank warn Middle East war threatens global economy
Lenders say assistance to poor countries facing economic consequences of war to continue
Govt revises petroleum levy rates
Petrol levy cut by Rs10.83 per litre; diesel levy raised by Rs10.93
Petrol, diesel prices reduced by Rs22 per litre each
PM Shehbaz vows to provide relief to masses
Gold, silver prices in Pakistan fall again
In international market, gold prices decline to $4,525 per ounce
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FBR offices remain open on weekend
Tax offices across Pakistan will remain operational; FBR seeks to improve tax collection
Punjab development budget may reach Rs1,452bn
Draft includes major transport, local govt, police, clean water and heritage restoration projects
FINANCE
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Gold price in Pakistan sees massive drop: June 2, 2026
In international market, gold prices decline to $4,454 per ounce
Federal plan to phase out provincial PSDP projects sparks concerns
Govt wants provinces to take on greater financial responsibility, move faces resistance from Sindh, KP
Health sector allocated Rs22bn in development budget
Drug control and population planning get limited allocations
Budget presentation may shift to June 8 or 12
Delay in National Economic Council meeting may affect budget session schedule
Education sector gets Rs77bn development budget
HEC, Education Ministry receive allocations for ongoing schemes
AUTO
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Honda unveils new logo to mark shift toward electric vehicles
Updated logo reflects Honda’s commitment to change with times
BMW to launch 10 new cars in India, hike local sourcing
German carmaker sells record 18,000 cars in India in 2025, growing 14% from a year ago
Tesla launches low-cost Model 3 variant in Europe
Company grapples with softening demand across Europe, new registrations fall sharply this year
Toyota, Honda turn India into car production hub in pivot away from China
India's low costs, vast labour pool have long been an attraction for manufacturers
BYD's October vehicle sales down 12% from year earlier
Company sells 502,675 vehicles in October 2024
STARTUPS
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Teapots, towels, tea bags: UK in coronation retail boost
Demand to rise as Charles III’s crowning approaches on Saturday
Daraz’s logistics network: Connecting Pakistan’s diverse regions, empowering local entrepreneurs
Alibaba-owned company is clearly market leader in Pakistani e-commerce landscape
From jest to success: Side-splitting saga of doing business in Pakistan
Surviving and thriving; a laughter-filled look at business in Pakistan
POWER
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Load shedding schedule for Eid announced
Electric supply company says consumers will receive uninterrupted electricity during Eid holidays
Eid-ul-Azha gas supply schedule announced
SSGC says gas load shedding reduced by few hours
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Oil slips 6% as US, Iran seen moving closer to deal
Analysts expect return to normal oil flows through Strait will take months
Govt hikes jet fuel, kerosene, diesel prices
New rates take immediate effect across country
Indian retailers raise fuel prices for third time
Petrol in Delhi will cost 0.87 rupees more at 99.51 rupees a litre, diesel will be raised 0.91 rupees
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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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Aamir Khan set to marry Gauri Spratt on July 5
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MG Pakistan launches 0% markup financing offer
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Tourists advised against Azad Kashmir travel from June 5
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Pakistan may need IMF support again, requires $123bn financing
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Pakistan’s trade deficit jumps 17.48% to over $34.75bn
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UAE announces public holiday on 1st Muharram
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