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…
Tag: economy
Gold Prices Continue to Fall in Pakistan as Global Market Weakness Pushes Rates Lower
Gold prices in Pakistan extended their downward trend on Friday, providing some relief to buyers as domestic bullion rates dropped…
Gold Prices Rise for Third Consecutive Day in Pakistan
Gold prices continued their upward trend in Pakistan on Monday, marking the third consecutive day of gains as international bullion…
Pakistan’s Foreign Direct Investment Drops 94% in June 2026
Pakistan witnessed a sharp decline in foreign investment as net Foreign Direct Investment (FDI) fell to just $14 million in…
Pakistan’s Biggest Copper-Gold Mine Faces Possible Shutdown as Supply Disruptions Deepen
Pakistan’s largest operating copper and gold mine is at risk of suspending operations within the next month if the supply…
Government Reintroduces Phased Release of Rs. 1 Trillion Development Funds for FY2026-27
The federal government has once again decided to limit the release of development funding by linking allocations to the country’s…
Gold Price Falls Below Rs. 420,000 Per Tola in Pakistan After Sharp Decline
Gold prices in Pakistan recorded another significant decline on Wednesday, with the price of the precious metal falling below the…
Government Introduces Fixed Tax Scheme for Small Retailers and Shopkeepers
The federal government has proposed a new fixed tax framework for small retailers and shopkeepers as part of its FY2026-27…
Government Allocates Rs. 365 Billion for N-25, M-6 Motorway and ML-1 Railway Projects
The federal government has announced a significant investment in Pakistan’s transport infrastructure, allocating Rs. 365 billion for road, motorway, and…
New Sindh Dam Still Under 50% Complete Despite Rs. 36 Billion Cost Overrun
The Federal Constitutional Court was informed on Monday that the Gaj Dam project in Sindh remains less than 50 percent…
Pakistan Govt Likely to Delay Budget 2026-27 Presentation Again
Pakistan’s federal government is expected to postpone the presentation of the fiscal year 2026-27 budget, with the new likely date…
Govt Hikes Prices of Kerosene, Light Diesel, and Jet Fuel in Pakistan
The government has quietly increased the prices of kerosene oil, light diesel oil, and jet fuel across Pakistan following the…
New Zealand Announces Plan to Cut 9,000 Public Sector Jobs by 2029
The government of New Zealand has announced a major restructuring plan that will see nearly 9,000 public sector jobs eliminated…
Govt Allocates Rs. 16 Crore for PM House Repairs, Approves Rs. 1 Billion for Food Safety Authority
The federal government has approved Rs. 160 million for the repair and maintenance of the Prime Minister’s Office, according to…
Gold Prices Surge Again in Pakistan Amid Global Market Gains
Gold prices in Pakistan experienced another significant increase on Wednesday, following strong gains in the international market. Investors and buyers…
Banks to Remain Open for Extended Hours on Saturday to Facilitate Tax Payments
In a move aimed at easing the process of government revenue collection, the State Bank of Pakistan (SBP) has announced…
Rupee Extends Winning Streak to 82 Days Against US Dollar
The Pakistani rupee continued its steady performance against the US dollar on Monday, extending its appreciation streak to 82 consecutive…
Government Considers Discontinuation of Rs. 10 Banknote
The federal government is reviewing the future of the Rs. 10 banknote, as the federal cabinet has constituted a high-level…