Government Raises High-Speed Diesel Price by Rs. 1.39 Per Liter
The government has increased the price of high-speed diesel by Rs. 1.39 per liter, effective August 12, despite a slight…
Tag: Business News
Business Leaders Urge Government to Build More Predictable Tax System
Business leaders have called on the federal government to introduce a more predictable and transparent tax system, arguing that greater…
Mari Energies Reports Record Rs. 87.1 Billion Profit for FY2026, Announces Higher Dividend
Mari Energies Limited has posted its highest-ever annual profit, reporting a standalone net profit of Rs. 87.1 billion for the…
Mughal Steel Raises Rs. 2 Billion Through Sukuk Issuance to Support Business Expansion
Mughal Iron & Steel Industries Limited (PSX: MUGHAL) has successfully raised Rs. 2 billion through the issuance of its Sukuk…
Gold Prices Surge by Rs. 10,000 Per Tola in Pakistan Amid Global Market Rally
Gold prices in Pakistan witnessed a significant jump on Wednesday, with the precious metal becoming Rs. 10,000 more expensive per…
Pakistan Invites Japan to Co-Finance ML-1 Railway Project to Strengthen Infrastructure Partnership
Pakistan has formally invited the Japan International Cooperation Agency (JICA) to co-finance the Main Line-1 (ML-1) Railway Project, one of…
FBR Announces Temporary IRIS System Shutdown from August 8 to August 10
The Federal Board of Revenue (FBR) has announced a temporary shutdown of its IRIS platform and allied online services due…
Power Sector Reforms Reduce Pakistan’s Circular Debt by Rs. 779 Billion
Pakistan’s Power Ministry has highlighted significant progress in reducing the country’s circular debt, stating that ongoing energy sector reforms have…
Business Community Criticizes SBP for Keeping Interest Rate at 11.5%
Pakistan’s business community has expressed strong disappointment after the State Bank of Pakistan (SBP) decided to keep the policy interest…
JS Bank Complaint Leads to FIR Against Four Southland Flour Mill Partners Over Alleged Rs. 100 Million Loan Default
A criminal case has been registered against four partners of M/s Southland Flour Mill after JS Bank Limited accused them…
Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase
Gold prices in Pakistan continued their upward trend on Wednesday, rising for the fourth consecutive day amid another increase in…
Soya Supreme Cooking Oil Maker Plans Rs. 2.6 Billion PSX IPO to Expand Operations
Agro Processors & Atmospheric Gases Limited, the company behind Pakistan’s well-known Soya Supreme cooking oil brand, is preparing to enter…
Global Oil Prices Jump 6% After Trump Declares Iran Ceasefire Over
Global oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran reignited concerns over energy…
HBL to chair SCO Interbank Consortium for 2026-27, boosting regional financial cooperation
HBL has been nominated to serve as the Chair of the Council of the Shanghai Cooperation Organization Interbank Consortium (SCO…
Government Plans Faster Petrol Price Relief as New Weekly Pricing Mechanism Under Review
The federal government is preparing to introduce a new pricing mechanism for petroleum products that could allow consumers to benefit…
APTMA Urges FBR to Revise Sales Tax Penalty Proposals in Finance Bill 2026
Pakistan’s textile sector has raised concerns over proposed amendments to sales tax penalties included in the Finance Bill 2026, warning…
Pakistan’s Economy Gains Momentum as Finance Minister Projects Stronger Growth and Lower Inflation
Pakistan’s economy has entered a phase of recovery and stabilization, according to Finance Minister Muhammad Aurangzeb, who expressed confidence that…
