Who is the ‘mysterious’ Lahore tycoon with 30 luxury cars and Rs2.74 billion in assets flagged for tax evasion?
This little know CEO owns luxury cars including a Lamborghini Aventador-Yellow and Aventador-Black and a Rolls Royce Phantom-Silver; other assets include gold and luxury watches
National Highway Authority chairman removed after Carec project irregularities report submitted to PM
Removal follows inquiry into alleged irregularities in Rs170 billion Carec Tranche-III project, with senior NHA officials already suspended
IMF may provide technical assistance on NFC Award resource distribution formula: report
Ministry of Finance prepares preliminary report; proposes changes to provincial and federal share amid rising debt burden
Pakistan expects Rs500 billion savings in debt servicing due to stable rates, says finance ministry
Finance ministry projects major fiscal relief in FY26 as Parliament urged to tighten borrowing oversight; experts call for independent debt-reporting authority
Malik Riaz-backed digital news platform Nukta lays off 37 employees amid financial crunch
Information Minister Ata Tarar announces jobs for all 37 employees at MOIB
PIA reports first profit in two decades as government pushes ahead with privatization plan
National flag carrier posts Rs23.4 billion profit in 2022 and Rs6.8 billion in first half of 2023 amid operational reforms, but mounting liabilities keep privatization on track
PSX drops over 1% as profit-taking weighs on market
KSE-100 Index declines by 1,703.57 points amid mixed investor sentiment and profit-taking
Pakistan to publish long-delayed Governance and Corruption Report before IMF executive board meeting
Decision is part of Pakistan’s efforts to meet key benchmarks under the $7 billion IMF bailout, with a focus on improving transparency and governance across the public sector
Pakistan’s merchandise trade deficit hits $12.6 billion as goods’ import surges to $23 billion in Jul-Oct
Imports in the first four months of FY26 more than double exports, which total $10.5 billion, creating a trade gap equivalent to half of the IMF loan
Qatar’s Al-Thani Group to divest its stake in Port Qasim power project amid payment delays: report
Decision follows unresolved dues and rising foreign exchange constraints; Port Qasim plant warns of possible suspension as Pakistan’s FDI challenges deepen
Pakistan’s energy shift accelerates as fossil fuel reliance declines, renewables gain ground: report
Energy supplies fall for second straight year; Renewables First report says non-fossil sources up 50% since FY21 amid gas debt surge and weak industrial demand
FBR makes POS integration mandatory for wholesalers and retailers with high withholding tax
New rule targets businesses with deductible withholding tax above Rs100,000 for wholesalers and Rs500,000 for retailers to boost GST compliance
Commerce ministry backs creation of Minerals Division for coordinated oversight
Proposal aims to regulate gemstone sector, strengthen coordination through CCI, and boost exports
Punjab govt shifts to lump sum pay packages, ends pension eligibility for new hires
New ordinance repeals 2018 law, ending regularisation of contract employees and eliminating pensions to reduce financial burden on the provincial treasury
SIFC to finalize strategic economic engagement with Saudi Arabia, seeks input from ministries
Special Investment Facilitation Council send over 50 questions to various ministries for answers, focusing on sectors for investment and policy interventions