Business

Indirectly finances fiscal deficit amid IMF restrictions; gold rises to Rs351,000/tola on tariff fears

Turkish petroleum awarded stakes in Balochistan, Sindh blocks

Govt mulls higher petroleum levy, faces IMF pushback on PSO debt plan

Uncertainty, tariffs, and misinformation keep trade sector in crisis mode

Food, energy price drops bring down SPI, year-on-year index jumps 1.35%

KSE-100 falls 50 points as IMF tax proposals weigh on investor sentiment

Appellate forum orders fresh hearing, sets aside Rs44b penalty

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Slams Petroleum Division for misuse of money by officials who spent it on foreign trips

Utility Stores Corp fails to pay for products supplied by millers

The Pakistan Economic Survey 2024–25 is set to be released on June 9, says adviser to FM

The price of 10 grams of gold rose by Rs3,000

The Pakistan Stock Exchange (PSX) has also announced it will remain closed in observance of Youm-e-Takbeer

Power minister says Pakistan to launch competitive power market soon

NEPRA holds public hearing, reviews utility's operational and financial matters

OICCI survey shows sharp recovery, driven by economic stability

Exporters aim for supply of 125,000 tonnes, but climate concerns persist

Lose 778 points over budget concerns, proposed tax measures

Demand withdrawal of 15% customs duty proposal for budget

FinMin, Anna Bjerde discuss climate resilience, population management

IPOR urges crackdown as 54% of cigarette brands flout tobacco laws

Lawmakers slam FBR for retaining 1% minimum tax with 29% standard rate

Falls to 282.06/$, weakest since Dec 2023; FX reserves hit $16.65b

The local price per tola dropped by Rs1,900, mirroring a decline in international markets.

Bitcoin surged past $111,000 as regulatory optimism and institutional interest fuel a strong rally amid uncertainty.

The KSE-100 Index dropped by 778.41 points, or 0.65%, at the close of trading.

Walmart plans to cut 1,500 corporate roles to simplify its structure and boost innovation amid rising tariff costs.

Body will foster innovation, ensure compliance with global financial norms

KSE-100 index climbs 960 points on govt's assurance of tax relief

Global prices hit one-week high; rupee closes at 281.97, logs 5 paisa depreciation

Project, modeled on Silicon Valley, will comprise state-of-the-art science parks

Say absence of zero-rating disrupts balance between imported and local raw material

Electricity output surges 22% YoY, 25% MoM but FCA turns positive after 10 months

Pakistan's rise in China's sesame import market has been dramatic.

NEPRA sets public hearing for May 29 as prices of fuel sources increase

Expressing satisfaction over the impressive capacity of local manufacturers like Master Motors

Foreign, private capital inflows fall short despite efforts to attract forex

Analysts credit recent momentum to increased participation by traditional financial institutions, especially JPMorgan.

FBR informs Senate budget to hike fines on tax-evading retailers from Rs0.5m to Rs5m, aiming to register 7m via POS.

Gold per tola increased by Rs6,600, while 10-gram gold saw an increase of Rs5,659.

Trip comes as govt, global lender negotiate tax targets, defence spending, and relief for salaried class ahead of new

JCPenney closes 7 stores May 25 amid restructuring after 2020 bankruptcy, impacting locations nationwide.

The Savings Account rate dropped by 100bps to 9.50% from 10.50%, according to Topline Securities.

Six major projects worth Rs227.34b were referred to ECNEC for final approval

Govt authorises Petroleum, Finance Divisions to raise levy up to Rs90 per litre

PAAPAM urges phased implementation of National Tariff Policy 2025–30 to protect local industry, jobs

Bullion records increase of meagre Rs300; rupee down 15 paisa to 281.92/$

Balochistan’s olive oil shines at global contest

Tech talent going abroad as local firms face tax disparity, policy inconsistency

KSE-100 index falls 719 points as investors adopt cautious stance