Electricity Subsidies May Be Restricted to Deserving Consumers Under New IMF-Linked Plan
The government is preparing to overhaul its electricity subsidy framework by limiting financial support strictly to low-income households, subject to…
Category: Economy
Pakistan Attracts $176 Million in Largest Bond Inflows in 19 Months
Pakistan has recorded its strongest monthly net foreign inflows into sovereign bonds in nearly two years, signaling renewed investor interest…
SOE Losses Cross Rs. 830 Billion in FY25 Despite Continued Government Support
Pakistan’s state-owned enterprises (SOEs) recorded combined losses of Rs. 832.8 billion in fiscal year 2024-25, according to a fresh report…
Reko Diq Project’s Future Uncertain Amid Security Concerns
The future of the Reko Diq copper-gold project in Balochistan is under scrutiny as Barrick Gold Corporation reassesses its budget…
FBR Mandates E-Commerce Platforms to Withhold Sales Tax at Source
Pakistan’s Federal Board of Revenue (FBR) has introduced a significant reform aimed at strengthening tax compliance in the rapidly expanding…
Pakistan Announces Fitrana and Fidyah Amounts for Ramadan 2026
The Council of Islamic Ideology (CII) has announced the official rates for Fitrana (Sadaqatul-Fitr) and Fidyah for Ramadan 2026, providing…
Court Orders Immediate Closure of Illegal Food Street in Karachi
The Constitutional Bench of the Sindh High Court has directed the immediate closure and dismantling of an illegal food street…
Kuwait Announces New Residency Rules and Fees for Expatriates
Kuwait has officially introduced significant updates to its residency regulations, marking an important shift in the country’s immigration framework. The…
Ministry of Defence Announces Hundreds of Jobs from BS-01 to BS-18 Across Pakistan
The Ministry of Defence (MoD) has announced a major recruitment drive, offering hundreds of government jobs ranging from BS-01 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…
Pakistani Rupee Extends Gains Against US Dollar for 93rd Consecutive Day
The Pakistani rupee (PKR) continued its modest upward trend against the US Dollar (USD), closing in green for the 93rd…
Government Plans to Send 800,000 Pakistanis Abroad for Employment
The Government of Pakistan has announced plans to send 800,000 Pakistani nationals overseas for employment, with a focus on enhancing…
Lawmakers Hope for SBP Interest Rate to Drop to Single Digits by June 2026
During a meeting of the Senate Standing Committee on Commerce on Monday, lawmakers expressed optimism that the State Bank of…
Kazakhstan President Kassym-Jomart Tokayev to Visit Pakistan Tomorrow for High-Level Talks and Business Forum
President of Kazakhstan, Kassym-Jomart Tokayev, is set to arrive in Islamabad tomorrow on his first official visit to Pakistan, marking…
Former Solicitor of Ex-Pakistani Cricketer Fined Rs. 1.54 Crore for Dishonesty
Shahid Ali, a former UK solicitor representing ex-Pakistan cricketer Nasir Jamshed, has been fined £40,000 (approximately Rs. 1.54 crore) and…
Gold Prices Plunge, Now Approaching Rs. 5 Lakh Per Tola in Pakistan
Gold prices in Pakistan saw a significant drop on Friday, following a record high just a day earlier, highlighting continued…