Spark and Elevate programme will commercialise research, support technology firms and create skilled jobs as government seeks an indigenous innovation ecosystem.
World Business NewsDollar index fell 0.1% to 100.69 as risk-sensitive currencies strengthened, while markets priced an 85.6% chance of no Federal Reserve rate change on July 29.
HeadlinesMay output slips 0.98% YoY but rises 1.21% MoM; automobiles, sugar, petroleum and garments drive growth while pharmaceuticals, iron & steel and fertilisers decline
Bond number 976106 wins first prize of Rs1.5 million, while three holders receive Rs500,000 each, and 1,696 third-prize winners get Rs9,300 apiece
Agreement covers about 30% of company’s lender exposure and is aimed at aligning repayments with projected cash flows
HeadlinesGovernment cites gas sector's structural financial crisis as SNGPL's receivables reach Rs1.095 trillion and circular debt plan awaits IMF feedback
World Business NewsCompany plans to double computing capacity to 14 gigawatts in 2027 and spend up to $145 billion on AI infrastructure this year
HeadlinesAKD Research says record volumes, policy continuity, rating upgrades and Pakistan’s return to international debt markets drove the rally; Topline sees index reaching 203,000 while AKD projects 263,800 by Dec 2026
Report flags Rs22 million in unpaid armoured vehicle NOC fees, Rs27 million from private security firms, Rs56 million arms licence receipts, and Rs1.2 billion ANF helicopter overhaul
Proposed acquisition involves 15.83 million shares through agreement and 14.66 million shares through public offer; transaction subject to SECP approvals and fit and proper clearance
HeadlinesReduced rate to apply only to active taxpayers; 5% withholding tax proposed on revenues received from social media platforms
HeadlinesIn a meeting with the finance minister, BYD and Mega Motors delegation highlights the company’s plans to develop charging infrastructure in collaboration with local partners and to train Pakistani engineers and technicians to support the sector’s future growth