Rupee Gains 0.3 Paisa Against Dollar in Interbank
The Pakistani rupee appreciated by 0.3 paisa against the US dollar in interbank trading on Friday, closing at Rs 279.65. Explore the latest currency exchange trends and market analysis.
Category : Business
Pakistan's Inflation Crisis: A Nationwide Struggle
Soaring inflation in Pakistan cripples millions, making essentials unaffordable and pushing families to the brink. From food to fuel, prices rise relentlessly. Urgent action is needed to save the poor.
Short-Term Inflation Jumps 28.4% in Pakistan
Pakistan's weekly inflation surges 28.4%, driven by soaring prices of tomatoes, onions, and gas. SPI data reveals a severe cost-of-living crisis. Read the full analysis.
PTA: SIMs Must Be in User's Name, Owner Fully Liable
PTA warns against using SIMs registered in another's name. The registered subscriber is fully accountable for all misuse, including calls and data. Ensure compliance to avoid legal action.
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Rawalpindi Ginger Festival Promotes Local Farming
A ginger festival in Rawalpindi's Dawari village, part of CM Punjab's Agriculture Transformation Plan, aims to promote cultivation in Potohar. Farmers get subsidies for 100 acres over three years.
Yuan Strengthens to 7.01 per USD, Highest Since September 2024
The Chinese yuan surges, with onshore and offshore rates breaking key levels. The PBOC pledges to maintain stability. Discover what this means for global forex markets.
Discos Halt Net Metering, NEPRA Demands Urgent Report
Power distribution companies have stopped new net metering registrations. NEPRA demands an urgent explanation within 3 days, calling the move a serious violation. Details inside.
China's $250 Billion Latin America Investment Strategy
China invests $250 billion in Latin America, challenging US influence. A strategic move with global implications for trade and diplomacy. Read the full analysis.
Pakistan Railways Pensions Surpass Operational Income
Pakistan Railways' pension payments have shockingly exceeded its core operational revenues, creating a severe financial crisis. Explore the details and implications for the national carrier's future.
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Russia's LNG Ambitions Hit by Sanctions, Output Target Delayed
Russia pushes back its 100 million tonne LNG production target by several years due to Western sanctions. Deputy PM Novak cites challenges for Arctic LNG 2 and global market share. Read the full analysis.
Pakistan, ADB Ink $730M Pacts for Energy & SOE Reform
Pakistan secures $730 million in ADB financing for power infrastructure upgrades and state-owned enterprise transformation, boosting economic stability. Read the full details.
Governor Kundi Awards 150 KP Farmers, Gifts Umrah Tickets
Governor Khyber Pakhtunkhwa Faisal Karim Kundi launched the historic 'Governor Kisan Award,' honoring 150 farmers. He stressed agricultural revival for economic growth. Read more.
FGEHA Recovers 70 Kanals, Demolishes 12 Illegal Structures
FGEHA's major anti-encroachment op in Islamabad's G-15/3 freed 70 kanals of govt land. 12 illegal houses razed. Development work to be expedited for allottees. #Islamabad #FGEHA
PM Shehbaz Approves National Energy Plan Framework
PM Shehbaz Sharif greenlights a comprehensive National Energy Plan, prioritizing low-cost electricity for industries and DISCOs privatization. Key ministries to collaborate for sector reform.
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Trump Criticizes EU Digital Laws, Vows US Action
Former US President Donald Trump vows to retaliate against Europe's stringent new digital regulations targeting tech giants like Google and Meta, calling them unfair to American companies. Read the full story.
Banks Inject Rs1.5 Trillion into Private Sector, Boost LSM
Pakistan's banking sector drives economic revival with record Rs1.5 trillion credit to private businesses in FY26, fueling 8.33% industrial growth. Discover how this shift is creating jobs.
PM Approves Separate Secretariat for National Energy Plan
PM Shahbaz Sharif greenlights a dedicated secretariat for the Comprehensive National Energy Plan to boost federal-provincial coordination. The move aims to ensure affordable power for industries and reliable supply for homes.
Govt Hails PIA Privatization as Economic Milestone
Pakistan's government declares the privatization of PIA a landmark step for economic reforms. Minister Khawaja Asif details the strategic sale and its role in national recovery.
PM Shehbaz Approves National Energy Plan Framework
PM Shehbaz Sharif greenlights a comprehensive National Energy Plan, prioritizing low-cost power for industries and relief for domestic consumers. The plan includes DISCOs privatization and a new secretariat.
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Govt Sells PIA for Rs135 Billion in Privatisation
Pakistan International Airlines has been sold for Rs135 billion in a landmark auction, marking the largest privatisation in the country's history. Discover the details and implications.
Power Sector Dues Hit Rs1.2 Trillion, Includes Chinese IPPs
Pakistan's power sector faces Rs1.2 trillion in payables to IPPs, with Rs500 billion owed to Chinese producers. NEPRA hears CPPA-G's Rs4.66 billion revenue plea for FY2025-26.
Rs197 Million in Smuggled Vehicles, Goods Seized
Pakistan Customs authorities have confiscated 19 non-duty-paid vehicles and a large cache of smuggled goods valued at Rs197 million in a major crackdown. Details inside.
Govt to Use PPP Model for Wheat Procurement
Pakistan's Ministry of National Food Security plans a PPP model for wheat procurement to ease fiscal pressure and maintain strategic reserves. Private firms will bear the commodity cost.
Meezan Bank Helps SIL Achieve Shariah Compliance Certification
Meezan Bank's Shariah Advisory Unit enables Stylers International Ltd to secure SECP's Shariah Compliance Certificate under 2023 regulations, expanding Pakistan's Islamic finance landscape.
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Gold up Rs8,500, Silver Extends Record Rally
Gold price surged by Rs8,500 per tola in Pakistan, while silver continued its record-breaking rally. Get the latest rates and market analysis here.
LHC Suspends New Property Law, Stops FBR Notices
Lahore High Court suspends Section 7E of Income Tax Ordinance, halting FBR's property valuation notices. A major relief for taxpayers amid legal challenges.
Three Bidders Compete for PIA's 75% Stake
Three entities have submitted bids for a controlling 75% stake in Pakistan International Airlines. The privatisation process enters a critical phase as the government aims to finalise the deal.
Pakistan's Major Arms Export Deal with Libya
Pakistan finalizes a landmark multi-billion dollar defense export agreement to supply conventional arms to Libya, marking a significant boost for its military industry and export strategy. Read the full details.
Forex Reserves Hit $21.1 Billion, Highest in 3 Years
Pakistan's foreign exchange reserves surge to $21.1 billion, marking the highest level in three years. Discover the key factors behind this economic milestone and its implications for the nation's financial stability.
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SECP Amends Share Issuance Rules to Protect Minority Investors
SECP Pakistan amends share issuance regulations to safeguard minority shareholders, ensure corporate governance & transparency. New rules enforce 'one share, one vote' principle.
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