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Category: Business

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in the upcoming Budget 2026-27, with indications that several long-standing General Sales Tax (GST) exemptions may be withdrawn to […]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 […]

Why Has Pakistan’s Budget Suddenly Been Delayed? Key IMF Talks Hold the Answer

June 4, 2026

ISLAMABAD: Pakistan’s federal budget for the fiscal year 2026-27 is now expected to be presented on June 10 at 5:00 PM, following a revision to the government’s original schedule. The move comes as authorities continue critical negotiations with the International Monetary Fund (IMF) and seek broader consensus among coalition partners on key fiscal measures. According […]

Oil Shock Sends Global Markets Reeling as US-Iran Standoff Sparks Fresh Fears

June 4, 2026

Global financial markets came under renewed pressure after escalating tensions between the United States and Iran sparked concerns about regional stability and the security of energy supplies. The latest developments pushed oil prices sharply higher and triggered volatility across major stock exchanges, highlighting the far-reaching economic consequences of geopolitical conflicts in the Middle East. According […]

Rs.1.7 Trillion at Stake? Centre’s NFC Proposal Sparks Fierce Provincial Resistance

June 4, 2026

Disagreements over NFC allocations, taxation powers and development funding intensify as Pakistan prepares its federal budget. ISLAMABAD: A fresh dispute over resource distribution has emerged between Pakistan’s federal government and the provinces after the Centre reportedly sought adjustments to the National Finance Commission (NFC) Award that could reduce provincial revenues by nearly Rs1.7 trillion. The […]

Shock Trade Move: US Slaps 12.5% Tariff on India While Pakistan and 40+ Nations Face Lower Duties

June 3, 2026

WASHINGTON: In a significant development that could reshape global trade dynamics, the United States has proposed new tariffs on imports from 60 economies, with India among the countries facing the highest additional duty of 12.5%. The move comes as Washington intensifies efforts to combat products linked to forced labor in international supply chains. According to […]

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Category: Business

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

Why Has Pakistan’s Budget Suddenly Been Delayed? Key IMF Talks Hold the Answer

Oil Shock Sends Global Markets Reeling as US-Iran Standoff Sparks Fresh Fears

Shock Trade Move: US Slaps 12.5% Tariff on India While Pakistan and 40+ Nations Face Lower Duties

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