PSX closes nearly 500 points down in volatile session amid regional jitters, Fed signals
Benchmark index oscillates between gains and losses as geopolitical and monetary cues weigh on investor sentiment
Senate panel rejects Rs2.5/litre carbon levy on petroleum products
Proposal aimed at boosting non-tax revenue and funding green energy initiatives faces political setback
FBR takes action against eight sugar mills implicated in tax evasionÂ
List of mills provided to opposition leader Omar Ayub during Standing Committee on Finance meeting, but FBR chairman did not disclose penalties imposed on non-compliant mills
In meeting with Pakistan’s COAS, Trump shows interest in long-term trade partnershipÂ
Both sides discuss bilateral cooperation in multiple domains including trade, economic development, mines and minerals, AI, energy, cryptocurrency
Foreign investors repatriate $2.1 billion in 11MFY25, marking 16% YoY growth
Repatriation of profits and dividends from foreign investments stood at $264 million in May, down 71% YoY and up 117% MoM
Cost of Sukkur-Hyderabad Motorway (M-6) revised up by 138%, now set at Rs395 billion
Project forwarded to ECNEC for final approval; government allocates Rs15 billion for the first year of construction, falling short of the estimated Rs78 billion required.
Pakistan secures $1 billion syndicated financing with ADB-backed guarantee
Ministry of Finance signs deal with Middle Eastern banks to boost fiscal resilience, marking Pakistan’s return to international commercial markets after 2.5 years
Pakistan’s exports rise by 5.15% to $29.56 billion in 11 months of FY2024-25
May exports recorded $2.672 billion, imports reached $5.273 billion; total imports rise by 7.5% to $53.55 billion in 11 months
KSE-100 drops over 1,500 points as market extends bearish run
Index posts steepest decline in weeks amid broad-based selling across key sectors
Govt unveils national tariff policy 2025–30 with focus on industrial competitiveness
Draft policy proposes elimination of duties on raw materials and simplification of customs structure to promote export-led growth
Careem to suspend ride-hailing services in Pakistan
Mudassir Sheikha cites challenging macroeconomic reality, intensifying competition, and global capital allocation as factors that made it hard to justify the investment levels required to deliver a safe and dependable service in the country
Govt withdraws proposed 18% hike in sales tax on hybrid cars
Proposal for higher tax on small cars up to 850cc remains intact, impacting middle-income buyers
Sindh Special Court convicts first-ever insider trading case in Pakistan
Zakir Hussain Somji, former AVP of a private bank, fined Rs8.6 million for illegal stock trades using insider information
National Assembly, Senate committees reject proposal for 18% sales tax on imported solar panels
Committee members from all political parties opposed the 18% GST on solar panels, with the FBR estimating Rs20 billion in revenue from the tax
$3 billion project financing for Reko Diq advances with IFC, IDA loan approval
Company remains on track to sign project finance documents and expects the loan to be available for initial drawdown in the second half of 2025