No accountability as PIA faces Rs200 billion loss due to 2020 fake pilot licence scandal: report
Despite recent lifting of ban by the US and UK, the airline continues to face reputational and financial damage from claims of former aviation minister
Pakistan, El Salvador sign partnership on Bitcoin and digital assets
Agreement marks collaboration in digital finance and blockchain technology
Cross-subsidies for gas consumers to be phased out, direct financial support model expected by 2026
Government in talks with IMF to replace cross-subsidies with targeted income-based subsidies under the Benazir Income Support Programme, aiming for reform by 2026
Govt signs new agreement with PSMA on sugar exports, amid IMF concerns
Sugar exports allowed if stock exceeds 7 million metric tonnes, but critics point to price-fixing and IMF objections
KSE-100 gains over 400 points on Wednesday after previous session’s decline
The index rises 0.32%, supported by strong corporate earnings and foreign inflows
UK lifts air safety restrictions on Pakistani carriers after improvements
The UK’s Air Safety Committee removes restrictions on Pakistani carriers, allowing them to apply for permits to operate to the UK
PAC orders inquiry into additional expenses and irregularities in planning division, NLC projects
Public Accounts Committee scrutinizes Rs220 million lapse in planning division budget, Rs3.2bn irregularities in NLC's steel procurement, and cost overruns in Bara Kahu Bypass project
Moody’s questions Pakistan’s missed tax target, trade talks progress with US during rating review: report
Rating agency also probes exchange rate control and fiscal measures as Pakistan seeks upgrade in credit rating
77 luxury vehicles, cash, gold, and 109 properties confiscated in Rs40 billion Kohistan corruption case
Confiscated vehicles include Porsche Taycan, Land Cruiser, Lexus, Fortuner, Hilux Revo, Mark X, BMW, Mercedes, Ford Mustang, and Audi models
Petrol and diesel prices hiked again as global crude rally continues
Petrol up by Rs5.36, diesel by Rs11.37 per litre; new rates take effect July 16 amid pressure from international oil markets
Profit-taking halts PSX rally as KSE-100 index falls over 550 points
Index records historic intra-day high before sliding into red
Banking sector’s advance-to-deposit ratio falls to 38% in June
IDR remains above 100% as banks favour sovereign investments over private lending
Pakistan’s economic team presents compelling evidence of macroeconomic recovery to Moody’s
Improving macroeconomic indicators and reform momentum are expected to be positively recognized by rating agencies, strengthening Pakistan’s case to tap international markets, finance minister expresses optimism
IMF raises concerns over Pakistan’s tax waiver on sugar imports
Fund cites violation of commitments under $7 billion loan program; agreement explicitly prohibits granting tax amnesties or any preferential tax treatment, including exemptions on commodity imports
Customs officials accused of selling 350 smuggled luxury vehicles in multi-billion rupee scam
High-end smuggled vehicles were sold as "auctioned" in collusion with customs officials, triggering an investigation into a massive corruption scheme