Wednesday, January 14, 2026

Pakistan in talks with multiple countries for JF-17 Thunder jet sales, confirms minister for defence production 

Raza Hayat Hiraj confirms China's involvement in deals, highlights affordable price point of JF-17 Thunder jets, and asserts careful selection of buyers

World Bank projects 3% GDP growth for Pakistan in FY2025-26

Bank warns current account deficit to widen as import demand rises; policy reforms and easing financial conditions may boost private sector growth

Petroleum prices likely to fall by up to Rs4.59 per litre from January 16

Petrol price is expected to decline by Rs4.59, diesel by Rs2.70, kerosene oil by Rs1.82 and light diesel oil by Rs2.08 per litre

Consumers hit by hours-long loadshedding as electricity shortfall surges to 4,000 MW

LESCO faces 1,100 MW shortfall as Matiari-Lahore HVDC line is affected; Lahore residents endure up to eight hours of power cuts; many urban centers experience 3-6 hours of loadshedding, while rural areas face up to 12 hours

Pakistan considers shelving gas pipeline project with Iran, but offers revival if US sanctions waiver is secured: report

Amid ongoing sanctions and domestic demand concerns, Pakistan proposes out-of-court settlement, with an offer to revive the IP pipeline if US sanctions are lifted

Trump says nations doing business with Iran face 25% tariff on US trade

U.S. importers pay tariffs on goods from sanctioned countries like Iran, which exports oil primarily to China, along with other key trading partners including Turkey, Iraq, the UAE, and India

PM forms committee to boost exports to $60 billion, addressing key bottlenecks

Committee, led by Ishaq Dar, to propose strategies for overcoming export challenges, including a focus on timely tax refund payments and diplomatic efforts

Nepra approves uniform power tariff for CY2026 amid industry opposition to cross-subsidy burden

Industrial sector protests Rs131 billion cross-subsidy, urging tariff adjustments to boost competitiveness and exports

Pakistan and Indonesia closing in on jets and drones defence deal, sources say

Talks in advanced stages involve over 40 JF-17 jets, with Indonesia also showing interest in Pakistan's Shahpar drones

PM’s task force urges reforms, tariff rationalisation, energy cost adjustments to boost exports-led growth, avert another IMF program

Task force highlights infrastructure challenges, including inadequate testing and compliance mechanisms, high freight costs, and logistics bottlenecks, which are hindering Pakistan's export growth

Selling pressure weighs heavily on PSX as benchmark KSE-100 closes in red

Market closes at 182,384.14 points, down 1.1% or 2,025.53 points

Pakistan’s economy set to grow 3.5% in 2026, despite external risks and challenges, says UN report

Economic recovery on track with robust IMF reforms; Q1 FY26 growth at 3.71% signals improved outlook, but risks remain

PSX to maintain positive momentum due to further monetary easing: report

AKD Research forecasts that investor sentiment is expected to rise with anticipated foreign investment flows, supported by improved US and Saudi relations

Federal govt transfers Secretary Petroleum over rising circular debt, delays in reforms

Momin Agha removed amid concerns over ballooning gas sector circular debt and stalled oil sector digitalisation; Mirza Nasir-ud-Din Mashhood Ahmad to look after role until new appointee

Turkey seeks to join Saudi-Pakistan defence pact: report

Advanced talks indicate a likely deal, potentially forming a new military bloc in the Middle East