The Federal Board of Revenue (FBR) collected Rs13.004 trillion in FY26, surpassing the revised annual target of Rs12.983 trillion by more than Rs21 billion. According to...
Nishat Group has acquired a 73.9% controlling stake in Rafhan Maize Products Company Ltd, marking one of Pakistan’s largest corporate takeovers in the food processing sector....
The federal government’s domestic borrowing rose sharply during June 15–19, with Rs122 billion borrowed daily from commercial banks, according to the latest State Bank data. Total...
Pakistan’s long-awaited ML-1 railway project under CPEC is set to enter the construction phase early next year, with groundbreaking planned for the Rohri-Karachi section. An estimated...
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...
