FBR’s tax shortfall widens to Rs428 billion in five months of FY2025-26

Jul–Nov collection reaches Rs4.715 trillion against Rs5.14 trillion target, income and sales tax remain major gaps as November miss hits Rs157 billion

PSX extends rally as KSE-100 closes at 166,677.69 after strong buying across key sectors

There was no stopping the bulls at the Pakistan Stock Exchange (PSX) on Friday, as the benchmark KSE-100 Index closed at 166,677.69,...

Fuel prices expected to decline from December 1

Petrol price likely to reach Rs 261, while diesel likely to reach Rs 280

CCP issues show-cause notices to ten Punjab sugar mills over alleged collusion

Mills accused of jointly delaying crushing to Nov 28 and fixing cane price at Rs400 per 40kg

US EXIM approves $1.25bn as Reko Diq secures half of $3.5bn debt financing

Full financial close expected in early December as lenders raise project CAPEX to $7.7bn

NAB uncovers massive land fraud in Islamabad, Rawalpindi as housing schemes oversell 91,000 plots: report

Probe reveals private and cooperative housing schemes sold land far beyond approved limits, marketed 80,000 kanals without approval, and issued 20,000 memberships despite no land availability

Pakistan hires Turkish adviser for sell-off of two power distributors

Privatisation Commission signs Financial Advisory Services Agreement with Raiffeisen Investment to prepare the sell-off plan of Hyderabad Electric Supply Company and Sukkur Electric Power Company

SIFC urges removal of super tax, lower corporate levies to revive investment in manufacturing sector

Lt Gen Sarfraz warns effective tax rate near 50% is deterring manufacturing and pushing capital abroad

Pakistan’s forex reserves rise to $19.6 Billion

SBP holdings climb $9 million; commercial banks hold $5.04 billion

KSE-100 extends rally with 2,185-point surge as strong buying lifts PSX

Index closes at 165,373 amid renewed investor confidence and solid trading volumes

CPEC IPPs face fresh strain as dues rise to Rs450 billion, Qatar’s Al-Thani Group moves to exit Port Qasim plant

Al-Thani Group formally indicates its intention to divest its 49% stake in the 1,320 MW Port Qasim coal-fired power project as receivables rise to Rs80.8 billion ($288 million) despite CEO’s letters to ministries

Fashion giants accused of benefiting from unpaid, silenced garment workers across South Asia, says Amnesty International 

Two Amnesty International reports detail anti-union repression in Bangladesh, India, Pakistan and Sri Lanka, exposing widespread unpaid labour by mostly female garment workers

Serene Air licence restored by PCAA, domestic flights to resume

Regulator lifts suspension after fleet shortage; international operations to follow within three months

KSE-100 rebounds with 1,496-point surge as institutional buying lifts sentiment

Index recovers after earlier declines; global markets rise on expectations of US rate cuts

ADB approves $48 million financing to advance water projects in Balochistan

Additional funding supports dam development, irrigation upgrades and watershed management across key river basins