|
Khaleeq KianiDawn Business |
ISLAMABAD: The Asian Development Bank (ADB) on Wednesday upgraded Pakistan’s economic growth forecast for the current fiscal year due to a less...

ISLAMABAD: With a damning additional note on the cost of institutional inefficiencies, theft and mismanagement, the National Electric Power Regulatory...

• Vehicle import rules tightened; only transfer of residence, gift schemes retained, personal baggage scheme discontinued• Chloroform imports...

• Vehicle import rules tightened; only transfer of residence, gift schemes retained, personal baggage scheme discontinued• Chloroform imports...

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed Rs25 million each on Central Power Purchasing Agency (CPPA) and...

• Upstream water control, infrastructure issues seen as threat to Indus system• Rising demand, untreated waste pose challenge to urban water...

• Move aims to manage renewable intermittency, reduce frequency fluctuations, minister says• Clean energy share rises to 46pc, surpassing 2025...

• Civil administration costs jump 13pc to Rs161.2bn in July-Sept• Pension bill soars 125pc over five years; subsidy payments rise six times to...

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Friday signed three contracts for financing totalling $61.8 million (approximately Rs17...

• Pakistani users trade over $250bn in crypto annually, Binance reveals• Around 17.5m Pakistanis registered on platform, holding $5bn in virtual...

• Invites legal opinion on whether provinces are bound by federal expenditure priorities• Seven working groups to be formed; second meeting to be...

Finance Minister Muhammad Aurangzeb on Thursday told the inaugural meeting of the 11th National Finance Commission (NFC) that the Centre was there to...

ISLAMABAD: The inaugural meeting of the 11th National Finance Commission (NFC) is being held here on Thursday (today) to formally begin negotiations...

ISLAMABAD: The country’s oil industry on Tuesday rejected the unilateral imposition of a 6-12 month regulatory deadline for complete digital...

ISLAMABAD: Pakistan and Turkiye on Tuesday signed five memorandum of understanding (MoUs) and deeds of assignment (DoAs) for oil and gas exploration...


ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Monday notified a 3.7 per cent increase in the price of Liquefied Petroleum Gas (LPG),...

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Sunday warns against an urge for ‘gold rush’ to economic growth and asserted that both the...

• Expenditures swell 11.9pc against revenue growth of 11.4pc in July-October• Public debt records first quarterly decline of Rs1.371tr in five...

ISLAMABAD: The government on Thursday said that it operated furnace oil-based power plants at Rs33 per unit fuel cost in October in ‘good faith’...

ISLAMABAD: Foreign loan inflows to Pakistan increased by more than 33 per cent to $2.293 billion in the first four months of 2025-26, mainly on the...

ISLAMABAD: The government has awarded 23 new offshore exploration blocks to three public sector oil and gas producers led by Mari Energies on a...

• Okays Rs960bn sovereign guarantee for Rs1.225tr loans from local banks • Says remittance incentives to be phased out with caution • Gas...

ISLAMABAD: Backed by record interest income of the State Bank of Pakistan (SBP), a 30 per cent surge in petroleum levy collection and strong...

• ‘Kickstart’ meeting to be held later this month • FBR chief puts total income tax gap at Rs1.7tr; claims collection from retailers has...

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has been compelled to hold a public hearing to revise the past 10-year prices of Regasified...

ISLAMABAD: The World Bank on Wednesday said Pakistan’s slow and uneven structural transformation has hindered diversification, job creation, and...

ISLAMABAD: Claiming a rare Rs1.5 trillion federal fiscal surplus — instead of usual deficits — in the first quarter of the current fiscal year,...

ISLAMABAD: Showing improved business confidence, a vast majority of more than 200 leading foreign investors operating in Pakistan have termed Pakistan...

• UK-based firm projects 3pc fall in national gas demand during 2025-40 • Urges reforms as circular debt rises due to price distortions, market...

ISLAMABAD: The International Monetary Fund (IMF) has forecast a gradual improvement in Pakistan’s fiscal indicators over the next five years,...

• Fund projects growth at 3.6pc, higher than World Bank’s 2.6pc forecast • Global growth forecast to slow to 3.2pc in 2025, 3.1pc in 2026...

ISLAMABAD: The government has constituted a two-member committee to probe into contradictory statements regarding outstanding dues against Cnergyico...

ISLAMABAD: The authorities are hopeful for the finalisation of a staff-level agreement (SLA) with the International Monetary Fund (IMF) during...

• Forms committee to investigate ‘self-awarded’ pay hikes • Panel will also examine salary delays at state-run media ISLAMABAD: Amid rising...

• World Bank cuts forecast by 0.5pc, predicts inflation may shoot to 7.2pc; exports to decline 1.5pc • WB official says removing barriers to...

• Employees to pay 10pc, govt 12pc • Pension liabilities rise to Rs1.055tr in 2024-25, driven by armed forces pensions ISLAMABAD: With some...

• Flood challenges, missed revenue targets dominate policy-level talks with IMF • FBR, Punjab and Sindh govts under critical scrutiny for missing...

ISLAMABAD: Pakistan’s total public debt rose by 13 per cent to Rs80.6 trillion by the end of FY25, driven mainly by a fiscal deficit of Rs7.1tr and...

• Seeks rationalised plan for costs linked to reopening Roosevelt Hotel • Barter trade rules with Afghanistan, Iran, Russia overhauled to ease B2B...

ISLAMABAD: The Asian Development Bank (ADB) has maintained Pakistan’s growth forecast for the current year at three per cent, while revising its...

• Increase in Consumer Price Index seen at 3.5-4.5pc in September • Finance ministry says economic activity remains ‘broadly stable’ •...

ISLAMABAD: After several months, a fuel cost adjustment will add Rs2 per unit to the burden of power consumers across the country, including Karachi,...

Finance Minister Muhammad Aurangzeb chairs a meeting with the visiting IMF review mission at the Finance Division.—APP ISLAMABAD: An...

ISLAMABAD: Pakistan’s largest export body, the All Pakistan Textile Mills Association (Aptma), has questioned government targets to expand...

ISLAMABAD: As a visiting mission of the International Monetary Fund (IMF) reviews Pakistan’s fiscal and monetary performance and outlook, the...

ISLAMABAD: Despite securing Rs1.225 trillion in new financing from commercial banks to reduce circular debt, the power sector will remain vulnerable...

ISLAMABAD: Foreign assistance inflows to Pakistan almost doubled to $1.377 billion in the first two months (July-August) of the current fiscal year,...

• Govt faces tough task as it seeks flood-related relaxations • Fund questions use of emergency funds, delays in governance reforms • $1bn...

ISLAMABAD: The government on Wednesday signed loan facilities worth approximately Rs1.225 trillion with 18 banks to settle the outstanding dues of...

ISLAMABAD: Amid a high-stakes tussle, Sui Northern Gas Pipelines Limited (SNGPL) has deferred the allocation of pipeline capacity to a third party for...
