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Category: Business

IMF’s Verdict Could Decide Tax Relief as Pakistan Finalizes Budget 2026-27

June 8, 2026

Pakistan’s Budget 2026-27 hangs on critical IMF negotiations as the government seeks approval for tax relief measures targeting salaried individuals, exporters, businesses, and investors while balancing ambitious revenue goals. ISLAMABAD: Pakistan’s federal government is awaiting a final response from the International Monetary Fund (IMF) on a series of proposed tax relief measures before unveiling the […]

Oil Markets Rattled: Middle East Escalation Sends Crude Prices Soaring Overnight

June 8, 2026

Brent crude surged above $96 per barrel after renewed Middle East tensions raised concerns over global oil supplies, reigniting fears of prolonged disruptions across key energy routes. WEB DESK: Global oil markets opened the week with sharp gains as escalating tensions in the Middle East fueled fresh concerns about energy supply disruptions. Investors rushed to […]

$1.5 Trillion Vanishes Overnight as Asian Markets Suffer Historic Collapse

June 8, 2026

Asian equities tumbled sharply after a Wall Street technology sell-off, persistent inflation concerns, and escalating Middle East tensions sparked a global wave of investor panic. Global financial markets were thrown into turmoil on Monday as Asian stocks suffered one of their steepest declines of the year, erasing an estimated $1.5 trillion in market value in […]

Fuel Shock Strategy: Pakistan Raises Petrol Levy While Cutting Diesel Burden in Surprise Move

June 7, 2026

A strategic adjustment in petroleum levies has reshaped fuel pricing dynamics in Pakistan, softening diesel costs while limiting petrol relief despite falling global oil prices. ISLAMABAD: Pakistan’s latest fortnightly fuel review has revealed a sharp policy balancing act, where the government increased the petroleum levy on petrol while reducing it on high-speed diesel to manage […]

OGRA Hikes Kerosene Price by Rs8.70 Amid Ongoing Fuel Market Volatility

June 6, 2026

Pakistan’s fuel pricing update brings a mixed shift as kerosene rises sharply while petrol sees a modest reduction amid global market volatility. Consumers across Pakistan received mixed signals on fuel prices after the latest government and regulatory adjustments triggered both relief and fresh financial pressure. The Oil and Gas Regulatory Authority increased the price of […]

Pakistan Announces Surprise Petrol Price Cut, Relief for Millions Starts This Week

June 6, 2026

Federal government reduces petrol price by Rs.4 per litre while keeping high-speed diesel rates unchanged for the upcoming week. ISLAMABAD: In a move expected to provide relief to motorists across Pakistan, the federal government has officially reduced the price of petrol (Motor Spirit) by Rs4 per litre for the next pricing period starting June 6, […]

KP Tobacco Farmers Demand Urgent Government Action to Prevent Economic Fallout

June 6, 2026

Tobacco Action Committee KP says unresolved export duties, quota issues, and unsold stock threaten farmers, businesses, and foreign exchange earnings. ISLAMABAD: Tobacco Action Committee Khyber Pakhtunkhwa Chairman Irshad Khan has urged the federal government and the Federal Board of Revenue (FBR) to immediately address what he described as serious challenges facing Pakistan’s tobacco sector, warning […]

PSX Rally Ends Abruptly as Investors Rush to Lock Profits Before Key Economic Signals

June 5, 2026

Profit-taking in major sectors and cautious investor sentiment ahead of economic developments pushed the KSE-100 Index lower, ending the Pakistan Stock Exchange’s winning streak. Pakistan’s stock market ended the week on a weaker note as the Pakistan Stock Exchange (PSX) snapped its recent winning streak on Friday, with investors rushing to secure gains accumulated during […]

Budget Bombshell? Pakistan Eyes End to Long-Standing Tax Exemptions Under IMF Pressure

June 4, 2026

Government considers ending key GST exemptions across multiple sectors as part of efforts to broaden the tax base and increase revenue collection. ISLAMABAD: Pakistan’s federal government is preparing a significant restructuring of the country’s tax framework in the upcoming Budget 2026-27, with indications that several long-standing General Sales Tax (GST) exemptions may be withdrawn to […]

Budget Day Shift Sparks High-Stakes Talks as PPP Pushes Key Demands Before June 10

June 4, 2026

ISLAMABAD: With the Federal Budget 2026-27 expected to be presented on June 10, the federal government and the Pakistan Peoples Party (PPP) have held extensive consultations aimed at finalizing development priorities, public welfare initiatives and economic growth measures for the upcoming fiscal year. The high-level meeting brought together Deputy Prime Minister and Foreign Minister Ishaq […]

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Category: Business

IMF’s Verdict Could Decide Tax Relief as Pakistan Finalizes Budget 2026-27

Oil Markets Rattled: Middle East Escalation Sends Crude Prices Soaring Overnight

$1.5 Trillion Vanishes Overnight as Asian Markets Suffer Historic Collapse

Fuel Shock Strategy: Pakistan Raises Petrol Levy While Cutting Diesel Burden in Surprise Move

OGRA Hikes Kerosene Price by Rs8.70 Amid Ongoing Fuel Market Volatility

Pakistan Announces Surprise Petrol Price Cut, Relief for Millions Starts This Week

KP Tobacco Farmers Demand Urgent Government Action to Prevent Economic Fallout

PSX Rally Ends Abruptly as Investors Rush to Lock Profits Before Key Economic Signals

Budget Bombshell? Pakistan Eyes End to Long-Standing Tax Exemptions Under IMF Pressure

Budget Day Shift Sparks High-Stakes Talks as PPP Pushes Key Demands Before June 10

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