Govt Rejects Power Subsidies, Aims for Tariff Rationalization
The government has firmly rejected proposals for power subsidies, opting instead for tariff rationalization to address the energy sector's financial challenges and reduce circular debt.
Category : Business
Malik Riaz's Front Man Gets 10-Year Prison Sentence
A close associate of real estate tycoon Malik Riaz has been sentenced to 10 years in prison for corruption and money laundering, marking a significant legal development in Pakistan's anti-graft efforts.
False Promise of Energy Independence: Critical Analysis
An in-depth look at why the goal of energy independence is often misleading, exploring economic, geopolitical, and environmental challenges.
Japan Urges US to Exempt Its Goods from 15% Tariff Hike
Japan's trade minister requested assurances from the US that Japanese goods would not face a potential 15% tariff, following a meeting in Washington amid new global trade uncertainties.
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Drone Finds 204 Large Properties Out of Tax Net
A drone survey in Pakistan has identified 204 large commercial and residential properties not registered in the tax system, highlighting significant revenue loss and enforcement gaps.
Pakistan Railways Hikes Fares After Fuel Price Rise
Pakistan Railways has increased passenger and freight fares by 5% to 7.5% due to rising fuel costs, effective immediately. The move aims to offset operational expenses amid economic challenges.
Etihad Town Phase Launches Overseas Block on Raiwind Road
Etihad Town has launched its Overseas Block in a new phase, offering 5 to 10 marla residential and commercial plots on Main Raiwind Road, catering to international investors and local buyers.
Public Transport Fares Surge After Fuel Price Hike
A significant increase in fuel prices has led to a sharp rise in public transport fares across Pakistan, putting immense financial pressure on daily commuters and sparking widespread concern.
SECP Registers 3,444 New Companies in February
The Securities and Exchange Commission of Pakistan (SECP) registered 3,444 new companies in February 2026, a 4% increase from January, with IT and services sectors leading growth.
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Gold Price Falls Rs 3,400 per Tola in Pakistan
Gold prices in Pakistan have decreased by Rs 3,400 per tola, influenced by global market fluctuations and local economic factors. This decline impacts investors and the jewelry sector.
SCCI President Visits MIDC and IST Sialkot for Industry Ties
Syed Ahtesham Mazhar, President of Sialkot Chamber of Commerce and Industry, led a delegation to Metal Industries Development Centre and Institute of Surgical Technology, pledging support for enhanced industry-institution collaboration.
First Green Property Certificate Issued in Pakistan
Pakistan has issued its first-ever green property certificate, a digital document aimed at enhancing transparency in land records and reducing fraud. This initiative marks a significant step in modernizing the country's real estate sector.
SBP Injects Rs1.91 Trillion via OMO to Boost Liquidity
The State Bank of Pakistan has injected Rs1.91 trillion into the banking system through open market operations to enhance liquidity and stabilize short-term interest rates amid economic conditions.
Pakistan Vows to Promote Critical Minerals at UN for Sustainability
Pakistan has committed to fostering the development of critical minerals essential for sustainable development at a United Nations forum, highlighting its strategic role in global green initiatives.
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Gold Rises on Middle East Conflict Safe-Haven Demand
Gold prices have increased significantly as escalating conflicts in the Middle East spur investors to seek safe-haven assets, reflecting heightened global economic uncertainty.
Govt's Preemptive Energy Strategy Amid Global Fuel Supply Risks
Pakistan's government is taking proactive measures to mitigate potential shocks from global fossil fuel supply disruptions, emphasizing energy conservation and diversification.
Pakistan's First Underground Metro Prepares in Lahore
The Punjab Transport Department accelerates feasibility and design work for the Blue Line metro in Lahore, a 27-km underground route set to serve over 250,000 passengers daily within three years.
Sindh to Blacklist Builders, Block Future Project Approvals
Sindh Minister Nasir Hussain Shah announces strict measures against builders failing to complete projects, including blacklisting and barring from future approvals, to protect homebuyers.
Pakistan Considers Fortnightly Oil Price Revisions
Pakistan's government is evaluating a shift from weekly to fortnightly oil price revisions to reduce market volatility and provide more stability for consumers and businesses.
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Chinese Company Plans $5-10B Investment in Pakistan
A leading Chinese company expresses strong interest in investing $5-10 billion across multiple sectors in Pakistan, signaling a major boost for economic growth and bilateral ties.
Akhuwat, Macter Launch Qarz-e-Hassan Project in Orangi
A Memorandum of Understanding has been signed between Akhuwat Foundation and Macter International to launch a Qarz-e-Hassan project in Orangi Town, Karachi, aimed at providing interest-free loans to support low-income families and small businesses.
Pakistan Forex Reserves Hit $21.43B, Gold Prices Fall
Pakistan's foreign exchange reserves increased to $21.434 billion with SBP holdings at $16.3 billion. Gold prices dropped domestically and internationally amid Middle East tensions and US economic data.
Hormuz Closure Halts Qatar LNG Exports, Global Energy Worries
The closure of the Strait of Hormuz has halted Qatar's LNG exports, causing significant disruptions to global energy markets and raising concerns over supply security.
Gold Price Falls Rs 2,800 per Tola in Pakistan
Gold prices in Pakistan have experienced a significant decline, dropping by Rs 2,800 per tola and Rs 537 per 10 grams, reflecting global market trends and local economic factors.
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Gold Prices Plunge in Pakistan, Global Markets
Gold prices in Pakistan have experienced a significant decline, with the per tola price dropping by Rs2,800 to Rs537,162, following a downward trend in international markets.
Parkview City Buyers Can Now Get UBL Home Financing
Parkview City Islamabad has partnered with United Bank Limited to offer home financing options for buyers, enhancing affordability and investment opportunities in the real estate sector.
Iran Internet Blackout Hits 1% Connectivity on Fifth Day
Iran's internet connectivity has dropped to just 1% as a nationwide blackout enters its fifth day, severely disrupting communications and raising international concerns.
PSX Stages Dramatic Rebound, Surges 543.33 Points
The Pakistan Stock Exchange (PSX) experienced a dramatic rebound, surging by 543.33 points to close at 79,000. This recovery follows recent declines, driven by positive economic indicators and investor confidence.
Middle East War Intensifies Aviation Crisis, 20,000+ Flights Cancelled
The Middle East conflict has severely disrupted regional aviation, with over 20,000 flights cancelled across eight countries. Pakistan's flights to the region remain affected, with 145 cancellations reported.
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UN Approves Safety for Pakistan's New Chashma Nuclear Reactor
The International Atomic Energy Agency has granted safety approval for Pakistan's new Chashma-5 nuclear reactor, marking a significant step in the country's energy and nuclear security efforts.
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