Pakistan’s bank deposits surge to record Rs37.4 trillion in Dec 2025

ISLAMABAD: Pakistan’s growing wealth gap is on full display, from Lamborghinis and Ferraris cruising city streets to high-profile social media...

Petrol likely to get cheaper, diesel prices expected to increase from Feb 1

ISLAMABAD: Petroleum products prices in Pakistan are expected to rise starting February 1 with petrol prices likely to drop. Preliminary...

FBR to keep tax offices open on January 31 to facilitate revenue collection

ISLAMABAD: The Federal Board of Revenue (FBR) has announced that all of its field formations will remain open on Saturday,...

Govt assures textile industry of govt’s continued engagement to address key issues

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) drew attention of the federal government on the issues related to energy costs,...

Pakistan, Australia eye deeper mining cooperation

ISLAMABAD: Pakistan and Australia have discussed expanding bilateral cooperation in the mining and gemstones sectors, amid growing international interest in...

Imports of agricultural chemicals grew by 9.04pc in six months

KARACHI: The imports of agriculture and other chemicals group into the country during first half of the current financial year...

Pakistan’s exports to US increase by 5.26pc in 1HFY2026

KARACHI: Pakistan’s export of goods and services to the United States (US) witnessed an increase of 5.26 percent during the...

Gwadar being developed as key export hub for Africa: Junaid

ISLAMABAD: Minister for Maritime Affairs Junaid Anwar Chaudhry has said Gwadar is being developed as a future key export hub...

Russian ambassador visits SCCI to boost Pakistan–Russia trade ties

SIALKOT: A high-level diplomatic engagement at the Sialkot Chamber of Commerce and Industry (SCCI) was held in collaboration with Regional...

Dr. Kabir Ahmed Sidhu assumes charge as Chairman SECP

ISLAMABAD: Dr. Kabir Ahmed Sidhu formally assumed charge as Chairman of the Securities and Exchange Commission of Pakistan (SECP) here...

PNSC adds oil tanker to fleet as MT Karachi arrives with first cargo at port

KARACHI: The Pakistan National Shipping Corporation (PNSC) has expanded its fleet with the addition of a new oil tanker, MT...

Pakistan taps US crude in $430m private-sector oil deal, cuts reliance on Hormuz route

LAHORE: Pakistan has diversified its crude oil sourcing after Cnergyico Pk executed a private-sector commercial transaction to import six million...

SBP cuts banks’ cash reserve requirement to 5pc from 6pc boost private sector lending

KARACHI: The State Bank of Pakistan announced a reduction in the cash reserve requirement (CRR) for banks, a move aimed...

FBR to implement AI-based chick counting system to monitor poultry sector

ISLAMABAD: The Federal Board of Revenue (FBR) has announced plans to implement an advanced Artificial Intelligence (AI) system to monitor...

ECC approves key economic, sectoral measures on food security, energy, health, education

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the disposal of 500,000 metric tons of PASSCO...

German Envoy calls on Finance Minister, discussed economic cooperation

ISLAMABAD: Pakistan and Germany on Wednesday reaffirmed their strong and longstanding partnership, underscoring their shared commitment to maintaining close coordination...

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IMF seeks recovery of super tax arrears in a month: Sources

ISLAMABAD: The IMF (International Monetary Fund) stressed on the Pakistan government that all pending recoveries be completed within a month...

Pakistan, Turkiye move to boost rice trade amid deepening economic ties

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a detailed meeting with the Turkish Ambassador to Pakistan, Dr. Irfan...

WHT collection from retailers soars 37pc in 1HFY26