Disgraced Vietnamese tycoon Truong My Lan faces immense difficulty repaying $27 billion to fraud victims, as auctions of her luxury cars, handbags, and yachts yield minimal funds.
The government is considering one of the biggest reductions in petroleum prices in recent years, with petrol and diesel rates expected to fall by more than Rs55 per litre amid declining international oil prices.
The Asian Development Bank approved a $700 million loan to support insurance reforms in Pakistan, aiming to expand coverage, reduce protection gaps, and strengthen financial resilience against disasters.
CDA cancels NOC for 15 WASA tube wells along Islamabad Expressway, citing risk to groundwater levels. WASA opposes, says all legal formalities were completed.
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The government released a list of 52 business categories, including small eateries and tea stalls, for a fixed tax of Rs25,000 and 1% turnover tax under the 2026-27 budget. Traders have rejected the move.
A free two-week summer program in Islamabad public schools engages students with STEM, arts, and sports, building confidence and skills. Parents praise the initiative for making quality learning accessible.
Central Region Motorway Police makes fire extinguishers compulsory for all vehicles on motorways and highways to enhance road safety, with a campaign until June 24.
150 students from various educational institutions completed a two-week internship with Lahore police, aimed at improving community-police relations.
Pakistan's forex reserves increased by $70 million to $22.742 billion. Rupee inched up 0.01% to 278.27. Gold fell Rs2,300 per tola to Rs452,963 amid hawkish Fed signals.
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Federal Minister Rana Tanveer Hussain met German Ambassador Ina Lepel to enhance bilateral cooperation in agriculture, livestock, food security, and technology transfer.
Foreign investors repatriated over $2 billion in profits from Pakistan in July-April FY26, up 8.66% year-on-year, led by UK and Chinese investors, reflecting improved forex availability and corporate earnings.
Federal Minister Junaid Chaudhry freezes proposed 5% KPT tariff hike for FY 2026-27, saving businesses over Rs500 million to boost trade and exports.
Pakistan and Iran have agreed to fast-track the Rimdan-Gabd Special Economic Zone and boost bilateral trade to $10 billion, following a US-Iran peace deal that may remove sanctions.
Local industry urges policymakers to design a targeted, performance-based industrial policy instead of relying solely on a 15% tariff cap based on untested trade models.
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The benchmark KSE-100 index surged 887.19 points to close at 181,398.22, driven by falling global oil prices and optimism over a US-Iran peace agreement mediated by PM Shehbaz Sharif.
Experts warn uncertain monsoon patterns pose risks to Pakistan's agriculture and economy, urging proactive climate risk management and investment in resilience.
The Sindh government's PSPD for 2026-27 plans billions for Hyderabad roads, water, drainage. SLGD proposes Rs9 billion for 105 schemes, including ring road and underpass.
Karachi's public transport strike enters second day after negotiations with Sindh government fail. Thousands of commuters stranded as 8,000 buses remain off roads.
Karachi police file case against suspects who abducted crypto trader Jan Sher Khan, alias JS Rao, and forced him to transfer $500,000 from his digital wallets at gunpoint.
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The US Federal Reserve kept its benchmark rate unchanged at 3.5%-3.75%, citing elevated inflation and global uncertainty. New Chair Warsh reaffirmed commitment to 2% inflation target.
New financial records show Universal spent $659 million on Jurassic World Dominion, surpassing Star Wars: The Force Awakens' $639 million record.
Petroleum Minister Ali Pervaiz Malik announces PM Shehbaz Sharif's directive to immediately transfer benefits of declining international oil prices to consumers following the US-Iran peace agreement.
The Asian Development Bank has approved a $700 million policy-based loan to support reforms in Pakistan's insurance sector, aiming to create a modern market-oriented system.
Al-Ghazi Tractors Limited joins Pakistan Agricultural Coalition as a patron, aiming to boost agricultural modernization, mechanization, and food security through private-sector collaboration.
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Pakistan's youth unemployment stands at 9.5%, with women facing higher rates. PSDF has trained over 300,000 youth, but access remains a barrier. Parwaaz-e-Hunaar bridges this gap by bringing training directly to students.
Post-Hajj operations in Madinah are in full swing for pilgrim repatriation, with teams from the Pakistan Hajj Mission, Ministry of Religious Affairs, and Saudi khuddams working round-the-clock.
The Pakistan Stock Exchange extended its winning streak as the KSE-100 Index closed at a record high, driven by falling oil prices and easing geopolitical tensions.
Eight Mile Style secures a legal victory as a judge allows its $109m copyright lawsuit against Meta over 243 songs to proceed into the discovery phase.
One Homes announces Kobi Karp and London's Jolie for its Lahore West development, blending Miami-inspired design with Lahore's heritage for overseas Pakistanis.
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The Pakistan Stock Exchange extended its rally, surpassing 181,000 points intraday, closing at 181,398 with strong investor participation and vibrant trading activity.
