Sugar mills earn Rs300 billion in windfall gains amid price fluctuations, PAC told
PAC reviews report showing 67 sugar mills exported over 746,469 tons of sugar worth $400.02 million (Rs111.97 billion) between July 2024 and June 2025, demands accountability and transparency.
PAC exposes misuse of funds, unpaid PTV staff, and deepening sugar crisis
Lawmakers slam export–import policy flip-flops as audit reveals Rs1.8bn diverted from flood campaign; sugar hoarding, political profiteering alleged
IMF forecasts 3.6% GDP growth for Pakistan, below government’s 4.2% target
Latest global outlook also revises Pakistan’s FY25 growth upward to 2.7%, as multilateral lenders issue cautious forecasts through FY26
Crackdown drives dollar trade underground as rupee strengthens temporarily
Despite tighter enforcement and central bank pressure, black market currency trade shifts to encrypted chats, home deliveries, and crypto platforms
PSX down as KSE-100 ends Tuesday with 1,400-point loss
Key sectors, including commercial banks and cement, lead the decline
Electricity prices likely to drop by Rs1.75/unit across Pakistan
Consumers to get Rs 53 billion relief as a power tariff cut of Rs1.75/unit proposed
SBP conducts $7.2 billion in foreign exchange interventions to boost reserves from June to April 2025
Central bank's interventions increased reserves by $885 million, with the remaining amount primarily allocated to manage debt repayments
Fuel prices in Pakistan set to drop from August 1: reportÂ
Petrol to decline by Rs6.82, diesel by Rs1.68; declining ex-refinery prices allow the government to re-impose a Rs2.50/ltr petroleum levy on both
Pakistan’s central bank seen cutting interest rate by 50 bps as inflation cools: poll
All 14 analysts expect SBP to cut rates on Wednesday; Most forecast a 50 bp cut; median view also 50 bp
Banks and exchange companies under pressure to lower dollar rates amid market concerns
SBP and Ministry of Finance hold meeting to stabilize exchange rate, but bankers warn of risks from artificial suppression
Security officials discuss concerns over gold price speculation, rising rates, and suspected smuggling: report
Gold traders asked to form a 15-member national committee to ensure transparent communication of daily gold rate movements
Federal govt orders strict oversight of sugar mill stocks to ensure uninterrupted supply
Officials will be deputed to each sugar mill to monitor stock levels and ensure uninterrupted supply in accordance with agreed terms with PSMA
Pakistan, US reaffirm commitment to deeper economic cooperation amid reform push
Finance Minister Aurangzeb, Chargé d’Affaires Horst discuss trade momentum, investment potential, and upcoming global bond ventures
Bullish momentum drives KSE-100 Index near 140,000 mark amid policy rate cut expectations
Key sectors including automobile, commercial banks, and oil & gas exploration lead the charge, with market sentiment buoyed by anticipated MPC easing
CCL Holding submits public offer to acquire 26.26% of Mitchell’s Fruit Farms
Offer follows previous stake purchases, aiming for over 73% total ownership in the company