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

Pakistan launches National Tariff Policy 2025-30 to rationalize tariffs and boost export growth

Policy aims for 10-14% export growth while reducing trade deficit with gradual tariff cuts

Government fixes ex-mill sugar price at Rs165/kg following deal with industry

Provinces ordered to ensure implementation as Pakistan eyes sugar imports to stabilise market

Consumers to face global oil price shock as fuel prices set for fresh hike from July 16

Petrol may go up by Rs6.60 and diesel by Rs5.27 per litre amid currency depreciation and global price trends

Biannual SOE review paints grim fiscal picture as PIA, NHA, and power sector bleed billions

PIA’s post-restructuring losses and NHA’s massive deficit highlight chronic inefficiencies and urgent need for reform

Pakistan Railways to launch new digitally equipped business train between Karachi and Lahore

PM Shehbaz to inaugurate premium service on July 19 as part of rail modernisation push