The Federal Investigation Agency (FIA) has registered a case against several senior officials of an oil marketing company over the alleged evasion of customs duties, taxes,...
Pakistan’s exporters urged the government to remove the cross-subsidy and announce a roadmap for clearing Rs327 billion in outstanding refunds to boost exports. The demands were...
The Azad Jammu and Kashmir Legislative Assembly has approved a Rs286 billion budget for the 2026-27 fiscal year. The budget allocates Rs250 billion for recurring expenditures...
A new Petroleum Price Stabilisation Fund has been notified by the government to help manage fuel price volatility. Under the Finance Ministry’s notification, all proceeds collected...
The government will begin scrutinizing bank accounts with deposits or withdrawals exceeding Rs100 million over a six-month period from July 1, 2026. Under the Finance Act...
The government has transferred management control of Pakistan International Airlines (PIA) to an investor consortium led by Arif Habib Corporation after completing the first financial closing...
British American Tobacco (BAT) has announced that nearly one-fifth of its global workforce will be reduced as part of a major cost-cutting programme. Around 5,500 jobs...
The Pakistani rupee was marginally strengthened against the US dollar in the inter-bank market on Monday, appreciating 0.01% to close at Rs278.17, gaining Re0.03. Meanwhile, the...
Prime Minister Shehbaz Sharif has directed the formulation of a comprehensive National Agriculture Policy in consultation with the provinces. An apex forum will be established to...
Pakistan Railways’ 996-kilometre Main Line-3 (ML-3) project, valued at Rs280 billion, will be financed through a $390 million (over Rs112 billion) bridge loan from Reko Diq...
