Investment Minister Qaiser Sheikh criticizes the 30-year lease extension for Engro VoPak Terminal, citing violation of public procurement rules and potential harm to petrochemical industries.
Oil prices slumped to a three-month low after Trump announced a US-Iran MoU to end the war and reopen the Strait of Hormuz. Brent fell 4.71% to $83.22.
A new study by Lahore School of Economics reveals that Pakistan's domestic policy uncertainty, especially from the Finance Act 2024, costs hundreds of millions in export losses monthly, dwarfing the impact of the US-China trade war.
Chinese investors, led by CFFEX, reaffirm long-term commitment to Pakistan's capital markets after SECP resolves key regulatory matters, paving way for increased investment and deeper cooperation.
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Service Long March Tyres Limited listed at PSX, marking the 11th IPO of the fiscal year, the highest in nearly two decades. Finance Minister Aurangzeb highlights investor confidence.
Pakistan Stock Exchange surged 2.69% on Monday, gaining 4,640 points, driven by government budget reforms and reports of a US-Iran peace agreement, with broad-based buying across key sectors.
Gold prices in Pakistan jumped Rs10,800 per tola to Rs455,136, tracking international gains. Spot gold rose 3.3% to $4,356.79 amid US-Iran ceasefire and Fed comments.
The Punjab government is set to announce a 7% increase in salaries and pensions for its employees and retirees in the fiscal year 2026-27 budget, aligning with federal adjustments.
Deputy PM Ishaq Dar chaired an inter-ministerial meeting to review progress on Pakistan's bilateral economic cooperation with key partner countries, emphasizing trade and investment ties.
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Electric bikes and scooters gain popularity in Lahore as fuel prices rise, offering cost savings. However, high battery costs, load-shedding, and limited charging infrastructure hinder widespread adoption.
Balochistan's Women's Parliamentary Caucus accelerates legislation to prevent acid attacks, ensure justice and rehabilitation for victims, following a critical attack on Dr Mahnoor in Quetta.
The government refused to share the Rs360 billion tax relief cost with the NA standing committee, citing IMF discussions, despite the chairman confirming the figure.
The Pakistan Meteorological Department predicts widespread dust storms, windstorms, and rain-thunderstorms across the country from June 16 to 20, with isolated heavy rainfall and hailstorms.
Finance Minister Muhammad Aurangzeb reiterates commitment to abolishing super tax gradually while maintaining fiscal discipline. Senate committee discusses raising exemption threshold.
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The State Bank of Pakistan announced its monetary policy, keeping the policy rate unchanged at 22%. The decision follows a review of economic indicators and comes after the US-Iran peace agreement.
Gold prices in Pakistan rose by Rs10,800 per tola to Rs455,136, driven by the Iran-US agreement boosting investor interest in precious metals globally.
PMEX and IFC sign a cooperation agreement to strengthen Pakistan's agricultural commodities futures market, enhance transparency, and support the Electronic Warehouse Receipt regime.
Gold prices in Pakistan rose sharply, with per tola up Rs10,800 to Rs455,136, following a $108/oz increase in international markets. Silver also gained. Analysts cite budget measures and inflation.
The Iranian rial stayed steady in Pakistan's informal market after the US-Iran peace framework announcement, with limited trading activity and prices between PKR 8,000-10,000 per bundle.
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The State Bank of Pakistan's Monetary Policy Committee decided to maintain the policy rate at 11.5% in its June 15, 2026 meeting, citing economic uncertainty.
PMD predicts strong winds, thunderstorms, and light rain in parts of Sindh and Balochistan, while most of Pakistan continues to experience hot and dry weather with temperatures above 40°C.
Punjab Finance Minister Mujtaba Shuja ur Rehman to present FY2026-27 budget today with no new taxes, salary and pension increases, and focus on social sector.
Global markets rallied after the US-Iran peace deal eased geopolitical tensions, lowered oil prices, and shifted interest rate expectations. Asian indices led gains, gold rose, and the dollar weakened.
The PSX benchmark KSE-100 index surged 2.53% on Monday, driven by optimism over the government's reform-oriented budget and a preliminary US-Iran peace agreement that eased geopolitical tensions.
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An accountability expert reveals a 15,000-20,000 MW gap between official and stated capacity, exposing billions in consumer exploitation and a broken energy system.
Lahore faces hot, hazy weather on Monday with temperatures reaching 39°C. Humidity makes it feel hotter. Experts warn of continued heatwave, advise precautions.
Pakistan removes 18% sales tax on sanitary pads and contraceptives in Budget 2026-27. Activists celebrate but warn that policy must address affordability, distribution, and infrastructure for true menstrual justice.
Pakistan's latest budget offers targeted relief but fails to address the crushing debt burden, with interest payments consuming most revenues. Analysts call for a bold strategy to break the cycle.
Two pilots embraced shahadat after a PAF trainer aircraft crashed during a routine training mission near Mardan. A board of inquiry has been constituted to determine the cause.
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Governor Khyber Pakhtunkhwa Faisal Karim Kundi praised PRCS for free medical camps in remote Mansehra, pledging expanded services and agreements for thalassaemia and dialysis patients.
