PSX Surges Over 3,100 Points in Record-Breaking Rally
The Pakistan Stock Exchange extended its record rally, gaining 3,109 points to 180,149, driven by economic confidence, regional peace hopes, and lower oil prices.
Category : Business
Pakistan Removes 18% Tax on Sanitary Pads
Pakistan's finance minister proposed removing 18% tax on tampons, sanitary pads, and contraceptive medicines in the FY 2026-27 budget, a victory for women's rights advocates.
Pakistan Budget 2026: Relief for Rich, Neglect for Poor
Pakistan's federal budget offers tax relief to businesses and salaried class, but minimum wage workers remain neglected, highlighting stark economic inequality.
Pakistan to Fund 100MW Solar Project for Gilgit-Baltistan
PM Shehbaz Sharif announced federal funding for a 100MW solar project in Gilgit-Baltistan, directing accelerated work and third-party validation for transparency.
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CM Maryam Nawaz Highlights Wind Power Potential on Global Wind Day
Punjab CM Maryam Nawaz Sharif emphasizes wind power as a sustainable energy solution, highlighting Thal region potential and public-private partnerships.
KP Governor Briefed on Gas Supply and Education
Governor Khyber Pakhtunkhwa Faisal Karim Kundi was briefed on SNGPL gas supply, network upgrades, and challenges. He also stressed quality education and youth empowerment.
RCCI Hosts MedHealth & Beauty Expo 2026 in Islamabad
The Rawalpindi Chamber of Commerce and Industry will organize the MedHealth & Beauty Expo 2026 on June 17-18 at Tulip Marquee in Islamabad, showcasing healthcare, pharmaceutical, wellness, and beauty sectors.
KP Govt Prioritizes Agricultural Research and Modern Tech
Advisor to CM KP Mian Umar emphasizes agricultural research, modern tech, and new crop varieties for sustainable development and food security.
6.7 Magnitude Earthquake Hits Indonesia's Sulawesi
A 6.7-magnitude earthquake struck Indonesia's Sulawesi island near Palu. No tsunami warning issued; no immediate reports of casualties or damage.
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SCCI Urges SBP to Cut Policy Rate to Single Digit
Sarhad Chamber of Commerce criticizes SBP's decision to keep policy rate unchanged, urging single-digit rates to revive industries and boost economy.
CTO Launches Traffic Engineering Plan for Defence Mor
Lahore CTO Syed Abdul Raheem Shirazi launches a traffic engineering initiative at Defence Mor, widening lanes and improving flow to reduce congestion and travel time.
Lahore Police Arrest Suspect for Mobile Phone Thefts
Lahore Police arrested Sufyan for stealing mobile phones from metro stations and hospitals. Six phones recovered; investigation ongoing for accomplices.
CM Maryam Nawaz Highlights Wind Power Potential in Punjab
Punjab CM Maryam Nawaz Sharif emphasizes wind power as a sustainable energy solution, highlighting Thal region's potential and government's commitment to renewable energy.
Hot and Dry Weather Forecast for Sindh by PMD
PMD predicts hot and dry weather across Sindh for the next 24 hours, with possible rain and thunderstorms in upper districts.
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FAO, SAU Tandojam expand cooperation on climate-resilient agriculture
FAO and Sindh Agriculture University have agreed to expand cooperation in climate-resilient agriculture, food security and youth capacity building, including a paid internship program for students.
Vehari DC Reviews Multan Road Project Progress, Deadlines Set
Deputy Commissioner Vehari chaired a meeting on the Vehari-Multan Road project, directing timely completion by June 2026 and emphasizing quality and transparency.
MEPCO Ensures Uninterrupted Power Supply for Muharram
MEPCO Muzaffargarh Circle prioritizes inspection and repair of electrical installations for Muharram processions and Imambargahs, ensuring uninterrupted power supply during Ashura.
PSX KSE-100 Index Surges 2.69% to 177,039 Points
The Pakistan Stock Exchange benchmark KSE-100 index gained 4,639 points on Monday, closing at 177,039.83, with market capitalization rising to Rs19.733 trillion.
NTC and PSW Sign Agreement for Automation and Digitization
The National Tariff Commission and Pakistan Single Window signed an agreement to automate and digitize NTC processes, aiming to enhance trade efficiency and align with global best practices.
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Pakistan Power Circular Debt Up Rs240 Billion in 10 Months
Pakistan's power sector circular debt increased by Rs240 billion to Rs1.854 trillion in July-April FY2025-26, but declined by Rs557 billion year-on-year due to government capital injections.
SBP keeps policy rate unchanged at 11.5% amid inflation
The State Bank of Pakistan's Monetary Policy Committee maintained the policy rate at 11.5%, citing elevated inflation from Middle East conflict and moderate economic activity.
IBA Karachi Hosts Bangladesh Academics for Exchange
IBA Karachi welcomed a delegation of senior academics from leading Bangladeshi universities, fostering academic dialogue and exploring collaboration opportunities in higher education.
PSDF, MRC Partner for Safe Migration of Skilled Workers
PSDF and MRC Pakistan sign MoU to provide pre-departure counselling and guidance for skilled workers, ensuring safe and legal international migration under the Parwaaz Card initiative.
Lucky Investments, DIB Pakistan Join for Islamic Finance
Lucky Investments and DIB Pakistan collaborate to distribute Shariah-compliant mutual and pension funds through DIB's nationwide network, enhancing Islamic investment access.
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TOA Welcomes Budget, Seeks Tax Relief for Mobile Users
Telecom Operators' Association welcomes budget 2026-27, appreciates measures for digital economy but urges reduction of 19.5% GST and 15% withholding tax on mobile services to improve affordability.
Karachi BRT Scandal: FIR Against Bureaucrats a Rare Step
A case against two bureaucrats for advance payment of Rs8.5 billion to Yellow Line BRT contractors marks a rare accountability move, but systemic change remains elusive for Karachi's crumbling infrastructure.
Habib University Convocation 2026 Highlights Student Social Impact
At Habib University's Convocation 2026, 100 of 127 final-year projects addressed Pakistan's social realities, and nine graduates launched ventures, showcasing education's role in societal problem-solving.
Sindh CM Orders Strict Action Against Wheat Hoarding
Sindh CM Murad Ali Shah directs food department to take strict measures against wheat hoarding, strengthen monitoring, and purchase indigenous wheat to stabilize prices.
Sukkur Airport Feasibility Meeting Held Under Commissioner
A high-level meeting chaired by Commissioner Abid Saleem Qureshi advanced the feasibility study and master planning for Sukkur's Greenfield International Airport, with over 20 institutions participating to coordinate data sharing.
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Pakistan Budgets Perpetuate Economic Stagnation
Pakistan's annual budget cycle offers little new, with predictable narratives and unsustainable promises. Health and education spending remains at 1.6% of GDP, while elite tax evasion persists.
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