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OGRA directs oil companies to maintain 20-day reserves amid Iran-Israel conflict
Refuting oil shortage reports, OGRA spokesperson says country has sufficient petroleum reserves to meet current demand
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FTO prevents taxmen from sealing retail shops
Directs FBR to fix Point-of-Sale system glitches, train field officers
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Fuel and food items lift SPI by 0.27%
Short-term inflation extends upward trend but annual reading eases 2.06%
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SBP injects Rs14tr to bridge gaps
Indirect fiscal financing via OMO amid IMF borrowing limits; rupee down 6 paisas to 283.70/$
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Steel sector warns of collapse
Fears becoming first casualty of $1b import surge, 2 million job losses
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'Budget deepening inequality'
Experts say FY26 plan ignores public welfare, pushes for more loans
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PSX closes flat over Israel-Iran tensions
Profit-taking erases early advances; index holds 120,000 level
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LCCI for addressing Gulf visa challenges
Warns that visa issuance delays in UAE, Dubai, Saudi Arabia are harming trade
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IT potential showcased at US investment conference
Envoy highlights prospects of collaboration, driven by Pakistan's talented youth
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Govt seeks input for NEV policy implementation
PM aide says policy can reduce 4.5m tonnes of CO2 emissions, save $1b in oil imports
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MPs break ground with budget review
Lawmakers, experts criticise 'unimaginative' budget, IMF loans
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Stocks fall as Mideast conflict sparks selling
Index sheds 463 points after optimism about circular debt resolution faded
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Foreign exchange reserves top $17b
SBP's holdings rise $46m; rupee on downward trajectory despite FX buffer
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Govt pursues Russian investment in mining
Minister highlights reforms at SPIEF, invites investors to explore Pakistan's mineral potential
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Cotton woes hurt textile exports
Rising imports, US trade deal tensions hit sector despite monthly growth
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Salaried class slams 719% rise in tax burden
They urged the government to raise the tax-free salary slab to Rs100,000 per month
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Ministry asked to get IMF nod for oil tax
SIFC voices concern over delay in scrapping tax break for petroleum products
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Govt launches National Electric Vehicle Policy
PM aide calls it transformative step that will lift industry, protect environment
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EVs 30% target by 2030 ambitious but daunting, say automakers
Cite example of India that could not achieve desired results despite hefty financial packages
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Govt to import sugar after exports
Decision to import 750,000MT sparks criticism as prices soar to Rs190/kg
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FBR to block bank accounts, cut utilities for unregistered businesses
Only 30-35000 of 0.3m industrial units in Pakistan are registered, says Langrial in NA Standing Committee meeting
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Swiss National Bank slashes interest rate to 0% as inflation turns negative
This marked the sixth consecutive rate cut since March 2024
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Indonesia eager to cooperate in fisheries
Delegation visits SAU in bid to improve rural livelihoods via tech exchange
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PSX sinks 1,505 points on geopolitical unease
C/A deficit for May also contributes to across-the-board sell-off
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Financial inclusion surges, gaps persist
Survey shows financial inclusion rises to 35%, but 85% still rely on informal credit
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Bank lending to farmers stays far behind target
Financial institutions provide 54.3% of agri-credit target in FY25
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Agri-budget fails to match damage
Stakeholders lament disconnect between losses and government response
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Profit, dividend repatriation surges 117% MoM
Hits $264m in May; 11MFY25 outflows rise 16% to $2.1b
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Draft tariff policy for 2025-30 unveiled
The policy outlines ambitious reform goals, including the phasing out of additional customs duties over four years
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Careem to suspend services effective July 18
Start-up pressures, policy uncertainty and investor concerns fuel exit; core operations to remain through tech arm
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Tribunal reduces penalty on steel mill
The CCP had imposed a penalty of Rs25 million for PSM's anti-competitive and discriminatory conduct
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'52% duty cut to boost exports'
Ministry projects revenue to grow 7-9%, but parliament questions WB model
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Pakistan secures $1b ADB-backed loan in return to Middle East markets
The $1 billion loan spans five years and is structured in multiple tranches
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Senate panel proposes tax exemption for annual income up to Rs1.2m
Committee also recommends increasing the limit of non-filers to purchase properties, vehicles
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Current account slips back into $103m deficit
Remittances offset trade gap, but gains remain fragile amid FDI drop, oil risks
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Egypt, govt eye tech partnership
Both sides discussed possibility of holding joint workshops in cybersecurity and maritime cable systems
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GST hike feared to hit auto sales
Suzuki MD says 18% tax will impact jobs, push up vehicle prices
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Real Effective Exchange Rate improves to 97.81 in May
Represents 1.5% drop from previous month's figure of 99.30, according to AKD Securities
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Aurangzeb pledges tax, energy and SOE reforms
Stresses need to stop fiscal bleeding as pension bill crosses Rs1tr
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PM asked to save value-added sector
Exporters demand restoration of Final Tax Regime, Export Facilitation Scheme
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PSX ends bearish over profit-taking pressure
Policy rate status quo, weak rupee fuel downtrend; index falls 254 points
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HCSTSI slams FBR arrest powers in budget
Hyderabad traders call new tax law clause 'draconian' and 'economic terrorism'
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Juice industry seeks tax reduction
This indicates that the juice industry has hit the Laffer Curve
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Spending on water projects to fall short of target
Govt utilised Rs79.4b by end of May vs FY25 allocation of Rs142.6b
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Solar panel, hybrid car tax rejected
Finance body rejects 18% tax on solar imports; hybrid vehicle tax hike withdrawn
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Gold prices drop locally and internationally for second straight day
Price of 10 grams of gold decreased by Rs 857 in the local market
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FinMin chairs oil price monitoring huddle
Expresses satisfaction over stock levels, rules out immediate supply disruption