Economy

1 min read

Pakistan Customs Seizes Smuggled Goods Worth Rs. 170 Million in KP Operations

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Pakistan Customs Enforcement in Khyber Pakhtunkhwa has successfully confiscated smuggled goods and vehicles valued at Rs. 170 million during three separate anti-smuggling operations, officials reported on Wednesday. The operations were conducted by Anti-Smuggling Detachments (ASDs) in Nowshera, Dera Ismail Khan, and Hazara, targeting illegal trade, smuggling, and narcotics trafficking. Authorities emphasized that these efforts aim […]

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2 mins read

Pakistan Secures Record $4.5 Billion in Foreign Loans in First Half of FY26

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Pakistan has recorded a significant rise in external borrowing during the first six months of the current fiscal year, receiving a total of Rs. 1,272 billion in foreign loans and grants. In dollar terms, this amounts to $4.5 billion, marking an increase of $904 million compared to $3.6 billion received during the same period last […]

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2 mins read

Lawmakers Permitted to Keep Asset Declarations Confidential for One Year Under New Bill

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In a significant legislative development, the National Assembly has approved a bill allowing members of parliament to keep their asset details confidential for up to one year on the basis of security concerns. The move amends the Elections Act 2017 and introduces a legal mechanism for lawmakers to seek temporary protection of sensitive financial information. […]

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1 min read

PM Shehbaz Sharif Departs for Switzerland to Attend World Economic Forum 2026

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Prime Minister Shehbaz Sharif left Pakistan on Tuesday for Switzerland, leading a high-level delegation to participate in the World Economic Forum (WEF) 2026. The visit is aimed at strengthening Pakistan’s diplomatic ties and exploring new avenues for economic cooperation. The Prime Minister is accompanied by key officials, including the Deputy Prime Minister and Foreign Minister, […]

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2 mins read

Principled Agreement Reached to Launch Peoples Train Service in Balochistan

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A principled agreement has been reached between the federal government and the Balochistan government to launch the much-anticipated Peoples Train Service in the province, marking a significant step toward improving regional connectivity and public transport infrastructure. The agreement was finalized during a joint meeting of Pakistan Railways and the Government of Balochistan, held under the […]

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1 min read

Pakistan Air Force Joins Spears of Victory 2026 Multinational Combat Drill in Saudi Arabia

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A Pakistan Air Force (PAF) contingent has arrived in Saudi Arabia to participate in the multinational aerial combat exercise Spears of Victory-2026. According to the Inter-Services Public Relations (ISPR), the contingent includes F-16 Block-52 fighter jets along with a full complement of air and ground crew. The team reached King Abdul-Aziz Air Base to take […]

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1 min read

TAL JV Discovers Gas at Bilitang-1 Well in Kohat

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The TAL Joint Venture has made a significant gas discovery at its exploratory well Bilitang-1 in Kohat, Khyber Pakhtunkhwa. The find, reported in the Lockhart Formation, was announced through a notification to the Pakistan Stock Exchange (PSX). Pakistan Petroleum Limited (PPL) confirmed that the discovery occurred in the partner-operated TAL Block, led by MOL Pakistan […]

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2 mins read

Rupee Extends Winning Streak to 82 Days Against US Dollar

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The Pakistani rupee continued its steady performance against the US dollar on Monday, extending its appreciation streak to 82 consecutive trading days in the interbank market. By the close of trading, the rupee settled at PKR 279.92 per dollar, marking a gain of three paisas compared to the previous session. The consistent upward trend reflects […]

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Government Considers Discontinuation of Rs. 10 Banknote

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The federal government is reviewing the future of the Rs. 10 banknote, as the federal cabinet has constituted a high-level committee to examine whether the currency note should be discontinued or retained. The move has sparked public interest, given the widespread daily use of the Rs. 10 note across Pakistan. According to sources familiar with […]

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1 min read

Industry Faces Crisis as High Power Costs and Taxes Threaten Pakistan’s Manufacturing Sector

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Pakistan’s manufacturing sector is teetering on the edge, with persistently high energy costs, expensive credit, and heavy taxation raising alarms among business leaders. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to declare an industrial emergency to prevent further decline. FPCCI President Atif Ikram Sheikh highlighted the challenges, noting […]

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National Savings Announces Rs. 750 Prize Bond Draw Results for January 2026

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The National Savings Centre in Peshawar has officially announced the results of the Rs. 750 prize bond draw for January 2026, bringing anticipation and excitement to thousands of bondholders across Pakistan. Prize bond draws continue to remain a popular savings-linked scheme, offering citizens a chance to win substantial cash prizes while keeping their investments secure. […]

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Ziarat Pir Hassan Shah Island to Be Developed as Eco-Tourism Hub Near Karachi

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The federal government has announced plans to transform Ziarat Pir Hassan Shah Island, located off the Karachi coast, into a modern eco-tourism hub aimed at boosting sustainable development and coastal economic activity. The announcement was made by Junaid Anwar Chaudhry, Federal Minister for Maritime Affairs, who outlined an ambitious vision for the island’s future. According […]

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Pakistan Signs MoU With World Liberty Financial to Strengthen Digital Payments and Fintech Ecosystem

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Pakistan has taken another step toward strengthening its digital financial landscape by signing a Memorandum of Understanding with SC Financial Technologies LLC, an affiliated entity of World Liberty Financial. The agreement is aimed at expanding cooperation in digital financial services and accelerating the country’s shift toward modern, technology-driven payment systems. The MoU was signed between […]

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3 mins read

Pakistan’s Automotive Industry Accelerates With 46% Sales Growth in First Half of Fiscal Year

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Pakistan’s automotive industry has staged a strong comeback in the first half of the current fiscal year, recording a robust 46 percent increase in vehicle sales compared to the same period last year. The surge reflects improving market sentiment and renewed consumer interest, according to fresh data released by the Pakistan Automotive Manufacturers Association. Between […]

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3 mins read

ML-I Project Launch Date Announced as Pakistan Railways Plans Major Upgrade from Karachi Port

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Pakistan Railways has announced a significant development in its long-awaited railway modernization drive, confirming that work on the Main Line-I (ML-I) project will begin from Karachi Port in July 2026. The announcement marks a key milestone in efforts to overhaul the country’s rail infrastructure and strengthen cargo and passenger connectivity across Pakistan. The confirmation came […]

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PNSC Expands Fleet With Addition of Aframax Tanker MT Karachi

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The Pakistan National Shipping Corporation has strengthened its maritime capabilities with the induction of a new Aframax tanker into its managed fleet. The development was disclosed through a formal stock filing submitted to the Pakistan Stock Exchange, reflecting the corporation’s continued focus on expanding capacity in the oil transportation segment. According to the filing, the […]

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1 min read

Pakistan’s Judiciary to Get Big Data Analytics System Under NITB Initiative

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The National Information Technology Board (NITB) is preparing to introduce a big data–driven analytics dashboard for Pakistan’s courts, aiming to modernize judicial processes and enhance decision-making, officials confirmed during a recent review meeting. The session, chaired by Prime Minister Muhammad Shehbaz Sharif, focused on accelerating digital governance reforms and leveraging technology to improve public service […]

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Finance Minister Signals Pakistan’s Move Toward a Regulated Crypto Framework

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Pakistan is steadily moving closer to adopting a regulated digital asset ecosystem, signaling a major policy shift in how the country views cryptocurrencies and virtual assets. The federal government aims to bring growing crypto-related activity into a structured, transparent, and secure financial framework that aligns with global best practices. The initiative reflects rising interest among […]

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DPM Ishaq Dar Reviews Preparations for 9th OIC Ministerial Conference on Women

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Deputy Prime Minister and Finance Minister Senator Mohammad Ishaq Dar chaired a high-level committee meeting on Wednesday to review preparations for the 9th OIC Ministerial Conference on Women, scheduled to be hosted by Pakistan in 2026. During the meeting, the deputy PM directed finalisation of arrangements, logistics, and thematic sessions, stressing the importance of smooth […]

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NDC Calls on Government to Ease Political Tensions and Stabilise Economy

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The National Dialogue Committee (NDC) has urged Pakistan’s top leadership to initiate direct political dialogue with opposition parties to reduce tensions and stabilise the country’s democratic and economic environment. The call came during a national conference held in Islamabad on Wednesday, attended by major political leaders, journalists, lawyers, and other stakeholders. The NDC, recently formed […]

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