Pakistan has decided that all new financial transactions, including loans, will be conducted under a Shariah-compliant system from January 1, 2028. Existing conventional agreements will remain...
The Japanese yen has fallen to its weakest level since 1986, reaching 162.27 per US dollar, raising speculation that Tokyo could intervene in currency markets. The...
A total of 170,597 new UINs were registered during the first 11 months of FY2026, reflecting growing investor participation in Pakistan’s capital market. The Pakistan Stock...
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...
Buying interest returned to the Pakistan Stock Exchange as the benchmark KSE-100 Index surged 1,441.74 points (0.81%) to 179,856.53 during early Tuesday trading. Strong gains were...
Pakistan’s auto industry has been warned that the federal budget could weaken local manufacturing by reducing import duties on completely built vehicles and auto parts. Industry...
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...
