Sindh Budget 2026-27: Rs3.562tr budget unveiled with no new taxes
CM Shah announces relief for employees, workers, education, agriculture, solar energy, development projects
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Money
New, simple electricity bill format launched
Redesigned bill will help consumers easily understand usage, payment details, billing status
Punjab development budget cut by Rs488bn as key schemes dropped
School education, health, housing and local government development budgets face sharp cuts
Fresh talks underway as govt seeks PPP backing for budget approval
PPP reservations reviewed during recent huddle
Sindh cabinet approves over Rs3.562tr budget for 2026-27
CM Shah says new budget covers every class, with special steps for poverty reduction, workers’ wages
Punjab may hike vehicle token tax, GST on card payments
Finance Bill includes relief for electric vehicles, increase in motor vehicle transfer fees
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IMF opposes Rs115bn construction package in budget
Fund rejects govt proposed tax relief for property sector, puts major revival plan under pressure
Sindh budget: Health sector in focus as projects remain undone
Despite billions allocated in recent years, concerns persist over delayed projects, medicine shortages
Pakistan IT exports jump 20%, hit record $4.19bn
Earnings increase by 20% during first 11 months of current fiscal year
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SBP reports $459m current account surplus in May
State Bank says improved external balance was supported by record remittances
Petrol price in Pakistan may drop by over Rs100
Global crude prices drop sharply amid expectations Strait of Hormuz will reopen
SpaceX locks in $60bn Cursor deal to close gap with rivals
Acquisition to give xAI stronger hold in AI coding
Sindh budget details revealed, development faces major cuts
Govt proposes higher spending for education, health, law and order, non-development expenses
Punjab proposes Rs5.9tr budget with major focus on education, industry, jobs
Budget sets aside major funds for education, health, clean water, transport, industrial growth, digital trade
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Petrol prices in Pakistan likely to decline
International crude oil prices drop by more than 7%, US crude trades at around $80 per barrel
Khyber Pakhtunkhwa prepares two budgets for 2026-27
Govt drafts emergency 3-month budget, full-year budget; development spending likely to be deferred
Global economy stable despite Middle East tensions: IMF chief
Georgieva says high oil prices continue to threaten inflation, food costs and growth
Senate panel bashes FBR performance, approves new taxes in budget
Senators question FBR’s repeated policy experiments; approve tax on social media income, insurance profits
SBP keeps interest rate unchanged at 11.5%
State Bank cites inflation concerns, Middle East tensions, economic indicators
Punjab's over Rs5.13tr budget to focus on health, education, welfare
Major allocations for salaries, pensions, healthcare, education, social protection, development
Gold price in Pakistan sees massive jump: June 15, 2026
In international market, gold hikes to $4,327 per ounce
Gold extends gains after US, Iran reach peace deal
Yellow metal prices have fallen about 20% since start of US-Israeli war against Iran in late February
Oil slips $4 as US, Iran reach peace deal
World has lost millions of barrels of oil and gas supply since war closed Strait of Hormuz
Senate Finance Committee approves higher sales tax on 3,000 items
Committee clears major tax measures
Govt's income consumed by payments on interest for loans: Abbasi
'Local investors unwilling to invest in current environment'
FINANCE
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Bank holiday on July 1: SBP
Public transactions to remain suspended at banks, DFIs and microfinance banks
Gold price in Pakistan continues to drop: June 29, 2026
In international market, gold price declines to $4,065 per ounce
Oil rises as US-Iran strikes hit Hormuz shipping
gold eases as inflation and interest rate concerns weigh on demand
Flour, rice prices surge in Pakistan
Consumers say they've yet to benefit from lower petrol, diesel prices
Gold, silver prices drop in Pakistan: June 27, 2026
In international market, gold price declines to $4,088 per ounce
AUTO
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Tesla recalls most Cybertrucks due to trim detaching from vehicle
EV maker issues its eighth recall for the Cybertruck, addressing safety concerns
Pakistan slashes EV import duties to 1% in major green policy shift
New electric vehicle policy aims to boost sustainable transportation and reduce fuel import bill
Honda-Nissan $60 billion merger falls apart over disagreements
The failed merger leaves Nissan struggling to secure stability as Honda moves forward independently.
Omodo & Jaecoo has the cooperation with NexGen auto
Chery Group and NexGen Auto Forge Strategic Partnership to Bring Omoda and Jaecoo New Energy Vehicles to Pakistan.
Kia unveils 5th gen Sportage in Pakistan – Price and features!
The all-new Kia Sportage with a refreshed design, upgraded features, and a powerful hybrid option.
STARTUPS
MorePOWER
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Power Division seeks Rs91bn for 48 projects in budget
Major allocations proposed for hydropower transmission, national grid expansion, power distribution
Domestic cylinder gets expensive; LPG price hiked
LPG price pushes 11.8kg domestic cylinder rate to Rs3,643.41
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
Electricity subsidy not ending for protected consumers: Leghari
Says major financial gains achieved through reforms in the energy sector.
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
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