Pakistan’s Gas Sector Debt Hits Rs. 3.28 Trillion, Lawmakers Warn of Potential Collapse
Pakistan’s gas sector circular debt has surged to an alarming Rs. 3.283 trillion, prompting urgent warnings from lawmakers about the…
Category: Economy
Umrah Ticket Prices Surge as Ramadan Begins
Airfares for Umrah travel have witnessed a sharp increase with the start of Ramadan, as domestic and international airlines raised…
Industries Save Rs. 12.1 Billion Under Government’s Discounted Electricity Package
Pakistan’s industrial sector secured financial relief of Rs. 12.125 billion during December 2025 and January 2026 under a government-backed discounted…
OGDC Announces New Gas and Condensate Discovery at Dars West-3 in Sindh
Oil and Gas Development Company Limited (PSX: OGDC) has announced the successful discovery of additional gas and condensate at a…
88% of Unlisted Licensed Companies Now Publicly Disclose Financial Results: SECP
The Securities and Exchange Commission of Pakistan (SECP) has announced that 88 percent of unlisted licensed companies are now publicly…
Pakistani Rupee Sees Marginal Recovery Against US Dollar Amid Mixed Currency Performance
The Pakistani rupee (PKR) continued its modest gains against the US Dollar (USD) on Monday, closing in green for the…
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…
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…