Business
Luxury Petrol Cars and Premium EVs Likely to Cost More as Government Proposes New Taxes
Buying luxury vehicles in Pakistan may soon become more expensive as the federal government has unveiled…
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Tag: Pakistan economy
Business
SECP Reforms Help PSX Maintain Position Among Top Global Markets in FY2026
Pakistan’s capital markets recorded impressive progress during FY2025-26, with regulatory measures introduced by the Securities and…
Business
Pakistan’s Unemployment Rate Rises to 7.1% as Nearly 6 Million People Remain Without Jobs
Pakistan’s unemployment rate has climbed to 7.1 percent, with approximately 5.9 million people currently without jobs,…
Business
Every Rs. 100 Hike in Fertilizer Prices Adds Rs. 20 Billion Burden on Pakistan’s Farmers
Pakistan’s agriculture sector continues to face mounting financial challenges as fertilizer costs remain one of the…
Business
Pakistan Railways Expands Privatization Plan, Puts 15 Passenger Trains Up for Auction
Pakistan Railways has taken another step toward expanding private sector participation in the country’s rail network…
Business
Government Increases Petrol Levy by Nearly Rs. 25 Per Litre Despite Fresh Fuel Price Reduction
The federal government has significantly increased the petroleum levy on petrol by Rs. 24.74 per litre,…
Business
SECP Eases IPO Rules to Enable More Established Businesses to List on PSX
The Securities and Exchange Commission of Pakistan (SECP) has introduced significant reforms aimed at making it…
Business
Pakistan Government Reschedules FY2026-27 Budget Presentation to June 10
The federal government has officially revised the timeline for the presentation of Pakistan’s FY2026-27 federal budget,…
Business
Petrol Dealers Struggle as Delayed Payments and Smuggled Fuel Intensify Industry Challenges
Pakistan’s petroleum retail sector is facing growing uncertainty as oil marketing companies and fuel dealers grapple…
Business
Pakistan Slashes Jet Fuel Prices, Offering Major Relief to Airlines
The Government of Pakistan has announced a significant reduction in jet fuel prices, providing much-needed relief…
Business
Govt Likely to Increase Fuel Tax to Rs. 180 Per Litre in Upcoming Budget
The federal government is likely to increase taxes on petroleum products in the upcoming fiscal year…
Business
Pakistan Would Need Nearly 14,000 Years to Clear Circular Debt at Rs. 10 Lac Per Day
Pakistan’s growing circular debt crisis in the power and gas sectors has once again raised serious…
Business
Pakistan’s Leading Glass Manufacturer Expands with New 10-Acre Production Facility in Sheikhupura
Tariq Glass Industries Limited has announced another major step in its industrial expansion strategy by securing…
Business
Hascol Approves Major Debt Restructuring Plan to Support Business Revival
Hascol Petroleum Limited has approved a major debt restructuring plan aimed at supporting the company’s financial…
Business
Govt May Increase Electricity Prices in Pakistan Ahead of Budget
Electricity consumers across Pakistan, including those served by K-Electric, may soon face a potential increase in…
Economy
Govt Claims Timely Action Prevented Major Electricity Price Hike During US-Iran Conflict
Pakistan’s Ministry of Energy (Power Division) has claimed that strategic planning and timely interventions helped protect…
Economy
Pakistan Assures IMF of Continued Electricity and Gas Price Hikes Under Energy Reforms
The Pakistan government has assured the International Monetary Fund (IMF) that electricity and gas prices will…
Business
Textile Sector Urges Government for Tax, Energy and Financial Relief in Budget 2026-27
Pakistan’s textile and apparel industry has presented a detailed set of recommendations for the Federal Budget…
Business
Government Defends Fuel Price Hike as Petroleum Levy Reaches Rs117 Per Litre
Pakistan’s rising fuel prices once again came under scrutiny after officials from the Petroleum Division attributed…
Business
Pakistan to Launch Local Insulin Production with $80 Million Russian Investment
Pakistan is set to take a major step toward strengthening its healthcare and pharmaceutical sector as…