Economy

2 mins read

Ministry of Defence Announces Hundreds of Jobs from BS-01 to BS-18 Across Pakistan

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The Ministry of Defence (MoD) has announced a major recruitment drive, offering hundreds of government jobs ranging from BS-01 to BS-18 for Pakistani nationals. The move is expected to create wide employment opportunities across multiple sectors, attracting candidates from diverse educational and professional backgrounds. According to the official advertisement, the vacancies span technical, administrative, security, […]

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1 min read

Gold Prices Surge Again in Pakistan Amid Global Market Gains

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Gold prices in Pakistan experienced another significant increase on Wednesday, following strong gains in the international market. Investors and buyers observed sharp rises in both per tola and per gram rates, continuing a trend of upward movement over the past several days. In the local market, the price of gold per tola climbed by Rs. […]

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Quetta Gladiators Announce Retention Prices for Key Players Ahead of PSL 11 Auction

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Quetta Gladiators have officially disclosed the retention amounts for their protected players ahead of the Pakistan Super League 2026 auction, offering early insight into the franchise’s strategy for PSL 11. The announcement has generated interest among fans and analysts, as teams begin shaping their squads for the upcoming season. The franchise confirmed that four players […]

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1 min read

Pakistani Rupee Extends Gains Against US Dollar for 93rd Consecutive Day

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The Pakistani rupee (PKR) continued its modest upward trend against the US Dollar (USD), closing in green for the 93rd consecutive trading day on Tuesday. Despite the streak, the currency posted losses against most other major international currencies during the session. The PKR closed at 279.75, marking a gain of just one paisa against the […]

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1 min read

Government Plans to Send 800,000 Pakistanis Abroad for Employment

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The Government of Pakistan has announced plans to send 800,000 Pakistani nationals overseas for employment, with a focus on enhancing skills and employability. The initiative aims to strengthen the country’s workforce while boosting remittances from overseas Pakistanis. Minister for Overseas Pakistanis Chaudhry Salik Hussain highlighted the importance of establishing reputable training institutions to prepare workers […]

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1 min read

Lawmakers Hope for SBP Interest Rate to Drop to Single Digits by June 2026

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During a meeting of the Senate Standing Committee on Commerce on Monday, lawmakers expressed optimism that the State Bank of Pakistan (SBP) could lower its policy rate to single digits by June 2026. Members highlighted that persistently high interest rates have significantly restricted business activity and limited access to financing for the private sector. Federal […]

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1 min read

Kazakhstan President Kassym-Jomart Tokayev to Visit Pakistan Tomorrow for High-Level Talks and Business Forum

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President of Kazakhstan, Kassym-Jomart Tokayev, is set to arrive in Islamabad tomorrow on his first official visit to Pakistan, marking a new chapter in bilateral relations between the two countries. The visit underscores both nations’ commitment to strengthening diplomatic, economic, and regional cooperation. According to the Foreign Office, President Tokayev is visiting Pakistan at the […]

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Customs Seizes Gold and Luxury Goods Worth Rs. 58 Million at Karachi Airport

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Pakistan Customs has recovered gold and luxury items worth approximately Rs. 58 million at Jinnah International Airport, Karachi. Officials confirmed that 1,185 grams of gold jewellery, along with a commercial quantity of cosmetics, perfumes, and designer handbags, were seized from a passenger arriving from the United States at the International Arrivals lounge. The Federal Board […]

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Former Solicitor of Ex-Pakistani Cricketer Fined Rs. 1.54 Crore for Dishonesty

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Shahid Ali, a former UK solicitor representing ex-Pakistan cricketer Nasir Jamshed, has been fined £40,000 (approximately Rs. 1.54 crore) and ordered to pay £30,000 (around Rs. 1.15 crore) in legal costs following a ruling by the Solicitors Disciplinary Tribunal (SDT). The decision comes after Ali was found guilty of dishonesty and serious professional misconduct. The […]

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Gold Prices Plunge, Now Approaching Rs. 5 Lakh Per Tola in Pakistan

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Gold prices in Pakistan saw a significant drop on Friday, following a record high just a day earlier, highlighting continued volatility in the bullion market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola fell by Rs. 35,500, settling at Rs. 537,362. Meanwhile, 10 grams of gold declined […]

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Banks to Remain Open for Extended Hours on Saturday to Facilitate Tax Payments

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In a move aimed at easing the process of government revenue collection, the State Bank of Pakistan (SBP) has announced extended working hours for commercial banks on Saturday, January 31, 2026. The decision has been taken to facilitate taxpayers who wish to make over-the-counter (OTC) payments of government duties and taxes before the deadline. According […]

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Inquiry Report Exposes Safety Lapses Behind Gul Plaza Fire Tragedy

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An official inquiry report into the devastating Gul Plaza fire has revealed a series of safety failures and emergency response shortcomings that significantly worsened the tragedy. The 21-page report provides a detailed account of how negligence, poor preparedness, and inadequate firefighting resources contributed to the scale of the incident. According to the findings, the fire […]

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ZTBL President/CEO Visits NADRA Headquarters to Strengthen Digital Banking Collaboration

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President and CEO of Zarai Taraqiati Bank Limited (ZTBL), Mr. Tahir Yaqoob Bhatti, visited the National Database and Registration Authority (NADRA) headquarters in Islamabad on January 27, 2026. During the meeting, he met with NADRA Chairman Lt. Gen. Muhammad Munir Afsar, Hilal-i-Imtiaz (Military), to discuss collaborative initiatives aimed at enhancing digital banking services and financial […]

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KP Government Splits Swat Into Two Districts to Improve Governance

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The Khyber Pakhtunkhwa government has formally bifurcated the historic and world-famous Swat district into two separate administrative units, Swat and Bar Swat, with immediate effect. The decision has been notified officially and marks a significant administrative change in one of Pakistan’s most prominent tourist regions. The move was approved during a provincial cabinet meeting held […]

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Pakistan Railways Set to Export Coaches and Wagons to Five Countries

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Pakistan Railways is preparing to enter the international market by exporting railway coaches and freight wagons to five countries, marking a major step toward reviving the national rail sector and boosting foreign exchange earnings. Federal Minister for Railways Hanif Abbasi announced the development on Wednesday while speaking to Geo News, confirming that Pakistan Railways will […]

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1 min read

Pakistan Post to Complete Digital Transformation by January 2027

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Pakistan Post is gearing up for a full digital transformation with the completion of its modernization initiative scheduled for January 2027. This move is part of a broader effort to bring the country’s postal services in line with international standards and enhance operational efficiency. The Ministry of Communications has launched the Automation of Post Office […]

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Pakistan’s Forex Reserves Expected to Reach Record High by December 2026

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pakistan’s foreign exchange reserves are projected to reach an all-time high by the end of December 2026, marking a significant milestone for the country’s financial stability and macroeconomic outlook. According to estimates shared by Topline Securities, reserves held by the State Bank of Pakistan (SBP) are expected to exceed $20.2 billion, reflecting improved external account […]

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International Oil Prices Rebound After France Seizes Russian Tanker

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Global oil prices rose sharply on Friday following the seizure of a Russian oil tanker by French authorities in the Mediterranean Sea, intensifying supply concerns in the international energy market. The captured vessel, reportedly transporting crude from Russia, prompted immediate market reactions, with traders factoring in potential disruptions to global oil flows. Analysts say the […]

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aik by BankIslami Launches Pakistan’s First Shariah-Compliant Raast QR Payment Gateway

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aik by BankIslami has taken a major step in advancing Pakistan’s digital payments ecosystem with the launch of aikPay, the country’s first Shariah-compliant Raast-enabled QR Payment Gateway. Built on the State Bank of Pakistan’s Raast infrastructure, aikPay enables real-time online payments through dynamic QR codes, offering a fast, secure, and fully digital checkout experience. The […]

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Pakistan–Saudi Investment Ties Strengthen at WEF Davos Meeting

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Pakistan and Saudi Arabia have taken significant steps to strengthen their economic partnership as Finance Minister Muhammad Aurangzeb met with Saudi Minister of Investment Khalid Al-Falih on the sidelines of the 26th Annual World Economic Forum in Davos. The high-level discussion focused on expanding bilateral investment ties and exploring new opportunities for cooperation. Both ministers […]

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