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Category: Economy

Government Increases Petrol Levy by Nearly Rs. 25 Per Litre Despite Fresh Fuel Price Reduction
BusinessEconomyNews
bywebdeskJune 6, 2026June 6, 2026

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, even as consumers received…

SECP Eases IPO Rules to Enable More Established Businesses to List on PSX
BusinessEconomyMarketingNews
bywebdeskJune 4, 2026June 4, 2026

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 easier for established businesses…

Pakistan’s Rs. 283 Billion National AI Program Receives Just Rs. 1 Billion in Proposed FY2026-27 Budget
BusinessDigitalEconomyNewsTechnologyTips & Tricks
bywebdeskJune 2, 2026June 2, 2026

Pakistan’s Rs. 283 Billion National AI Program Receives Just Rs. 1 Billion in Proposed FY2026-27 Budget

Pakistan’s ambitions to build a comprehensive artificial intelligence ecosystem have taken a significant step forward with the inclusion of a…

Pakistan Government Reschedules FY2026-27 Budget Presentation to June 10
BusinessEconomyEventsLifestyleNews
bywebdeskJune 2, 2026June 2, 2026

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, with the announcement now…

Petrol Dealers Struggle as Delayed Payments and Smuggled Fuel Intensify Industry Challenges
BusinessEconomyMarketingNews
bywebdeskJune 2, 2026June 2, 2026

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 with delayed payments, rising…

Punjab Approves New Tax Framework for Large Generators and Solar Power Systems
BusinessDigitalEconomyLifestyleMarketingNewsTechnologyTips & Tricks
bywebdeskJune 1, 2026June 1, 2026

Punjab Approves New Tax Framework for Large Generators and Solar Power Systems

The Punjab government has reportedly approved a new taxation framework targeting large-scale private power generation systems, including high-capacity generators and…

Pakistan’s Donkey Population Surpasses 6.2 Million as Livestock Sector Records Strong Growth
EconomyMarketingNewsTips & Tricks
bywebdeskJune 1, 2026June 1, 2026

Pakistan’s Donkey Population Surpasses 6.2 Million as Livestock Sector Records Strong Growth

Pakistan’s livestock sector continues to show steady expansion, with new official figures revealing notable growth across major animal categories, including…

Pakistan Slashes Jet Fuel Prices, Offering Major Relief to Airlines
BusinessEconomyNewsTravel
bywebdeskMay 30, 2026May 30, 2026

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 to airlines and aviation…

Punjab Enforces Labor Code 2026 to Expand Worker Protections and Modernize Employment Laws
BusinessEconomyJobsNews
bywebdeskMay 30, 2026May 30, 2026

Punjab Enforces Labor Code 2026 to Expand Worker Protections and Modernize Employment Laws

The Government of Punjab has officially implemented the Punjab Labor Code 2026, marking a significant step toward strengthening labor rights…

Pakistan and China Reaffirm Strategic Partnership During PM Shehbaz Sharif’s China Visit
BusinessEconomyNewsPolitics
bywebdeskMay 26, 2026May 26, 2026

Pakistan and China Reaffirm Strategic Partnership During PM Shehbaz Sharif’s China Visit

Shehbaz Sharif has concluded his four-day official visit to China, with both countries reaffirming their commitment to strengthening strategic cooperation…

Govt Likely to Increase Fuel Tax to Rs. 180 Per Litre in Upcoming Budget
BusinessEconomyLifestyleNewsTips & Tricks
bywebdeskMay 26, 2026May 26, 2026

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 as part of efforts…

Pakistan Would Need Nearly 14,000 Years to Clear Circular Debt at Rs. 10 Lac Per Day
BusinessEconomyNewsTips & Tricks
bywebdeskMay 26, 2026May 26, 2026

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 concerns about the country’s…

Govt Hikes Prices of Kerosene, Light Diesel, and Jet Fuel in Pakistan
BusinessEconomyNewsTravel
bywebdeskMay 23, 2026May 23, 2026

Govt Hikes Prices of Kerosene, Light Diesel, and Jet Fuel in Pakistan

The government has quietly increased the prices of kerosene oil, light diesel oil, and jet fuel across Pakistan following the…

Main Accused in Rs. 1.4 Billion Palm Vista Housing Scam Arrested in UAE
BusinessEconomyLifestyle
bywebdeskMay 23, 2026May 23, 2026

Main Accused in Rs. 1.4 Billion Palm Vista Housing Scam Arrested in UAE

In a major breakthrough for Pakistani authorities, the prime suspect in the Rs. 1.4 billion Palm Vista Housing scam has…

Pakistan’s Leading Glass Manufacturer Expands with New 10-Acre Production Facility in Sheikhupura
BusinessEconomyFashionTips & Tricks
bywebdeskMay 22, 2026May 22, 2026

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 land for a new…

Hascol Approves Major Debt Restructuring Plan to Support Business Revival
BusinessEconomyNews
bywebdeskMay 21, 2026May 21, 2026

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 recovery and long-term business…

Mobilink Bank Teams Up with Legal Aid Society Pakistan to Help Women Claim Inheritance Rights
BusinessDigitalEconomy
byUzma SaharMay 20, 2026May 20, 2026

Mobilink Bank Teams Up with Legal Aid Society Pakistan to Help Women Claim Inheritance Rights

In a major step toward women’s empowerment, Mobilink Bank has partnered with Legal Aid Society Pakistan to support women in…

Govt May Increase Electricity Prices in Pakistan Ahead of Budget
BusinessEconomyEventsLifestyle
bywebdeskMay 20, 2026May 20, 2026

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 power tariffs as authorities…

Zahid Hasan Ansari Appointed Chairman of Pakistan-Canada Business Council
BusinessEconomyNews
byAnas AhmedMay 20, 2026May 20, 2026

Zahid Hasan Ansari Appointed Chairman of Pakistan-Canada Business Council

In a significant development for international business relations, Zahid Hasan Ansari has been appointed as Chairman of the Pakistan-Canada Business…

New Zealand Announces Plan to Cut 9,000 Public Sector Jobs by 2029
BusinessEconomyJobsNews
bywebdeskMay 19, 2026May 19, 2026

New Zealand Announces Plan to Cut 9,000 Public Sector Jobs by 2029

The government of New Zealand has announced a major restructuring plan that will see nearly 9,000 public sector jobs eliminated…

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