ISLAMABAD: Petroleum prices are set for a massive plunge — petrol could crash Rs3.70–4.15/litre to ~Rs261.30–261.75, HSD down Rs4.28–6.50/litre to ~Rs271.94–280.16, kerosene Rs0.70, and LDO a whopping Rs6.35/litre. Ex-refinery prices are also tanking: diesel -Rs6.10, petrol -Rs3.75. Read More...
ISLAMABAD: Finance Minister Muhammad Aurangzeb told the Senate on Thursday that SBP has never ordered any bank to freeze MPs’ accounts — zero such directive exists. Answering Senator Jan Muhammad, he confirmed the only relevant circular is from July 2019 on politically exposed persons and Read More...
KARACHI: Pakistan’s mobile phone production slammed the brakes in October, crashing to 2.33 million units — down 23% MoM and 34% YoY — as bloated inventories forced factories to slash output to protect cash flow, PTA data revealed. Jan–Oct 2025 total hit 25.11 million (-4% YoY), with Read More...
KARACHI: SBP Governor Jameel Ahmad has issued a blistering wake-up call — ditch the endless boom-bust trap and charge toward export-led, globally competitive growth, or Pakistan stays stuck in the same old cycle. Speaking at the Pakistan Business Council Dialogue, he declared the current Read More...
ISLAMABAD: Pakistan devours 60–90 tonnes of gold yearly — a staggering $8–12 billion — yet over 90% vanishes into the black market, the Competition Commission of Pakistan (CCP) exposed in its bombshell Gold Market Assessment released Wednesday. The CCP warned that zero documentation Read More...
ISLAMABAD: OGRA has handed gas consumers a potential lifeline, slashing SNGPL’s prescribed price by 3% to Rs1,804.08/MMBTU and SSGCL’s by a massive Read More...
ISLAMABAD: OGDCL has pocketed the fifth Rs7.725 billion tranche from Power Holding (PHL) under the government’s circular debt cleanup, the E&P giant informed the Pakistan Stock Exchange (PSX) today. The company confirmed the Rs92 billion interest will be cleared in 12 equal monthly hits Read More...
ISLAMABAD: The Federal Board of Revenue (FBR) has dropped a new draft Insurance Guarantee Format for (SRO 957(I)/2021 update) for exporters under the Export Facilitation Scheme. The updated framework offers irrevocable & unconditional guarantee templates for manufacturers-cum-exporters, Read More...
ISLAMABAD: The federal government has unleashed a digital revolution for overseas Pakistani pensioners, rolling out remote biometric verification, seamless data integration, and zero-hassle payments, APP reports. Finance Ministry, CGA, and AGPR are crushing decades-old delays, verification Read More...
ISLAMABAD: Pakistan is charging toward a 2026 5G launch, but the PTA is sounding the alarm — slash telecom taxes now or 5G will be DOA for millions, Dawn News reports. PM has ordered spectrum auction by February 2026 to unleash e-SIMs, NFC banking, nano-banking, and wireless charging Read More...
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