Business
Weekly inflation drops, food prices continue to rise
June 5, 2026
Weekly inflation drops, food prices continue to rise
Pakistan’s weekly inflation rate recorded a slight decline during the latest monitoring period, offering some relief to consumers. However, the…
Budget 2026: Proposed GST hike may raise stationery prices by 8%
June 5, 2026
Budget 2026: Proposed GST hike may raise stationery prices by 8%
Consumers may face higher prices for a wide range of stationery products under the federal budget for fiscal year 2026-27,…
NEPRA cuts power tariff by Rs1.98, raises FCA by Rs1.19
June 5, 2026
NEPRA cuts power tariff by Rs1.98, raises FCA by Rs1.19
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has announced separate adjustments to electricity tariffs, introducing both an increase and…
Over Rs5.7 trillion tax, customs cases pending in Pakistani courts
June 5, 2026
Over Rs5.7 trillion tax, customs cases pending in Pakistani courts
ISLAMABAD: Approximately 50,732 tax and customs-related cases worth around Rs5.7 trillion are currently pending in various courts and tribunals across…
Positive momentum continues as PSX rises over 550 points
June 5, 2026
Positive momentum continues as PSX rises over 550 points
KARACHI: The Pakistan Stock Exchange (PSX) extended gains on Friday as buying rally continued in different sectors. At 10:50 am,…
Govt sets Rs290 per dollar benchmark for FY27 budget
June 5, 2026
Govt sets Rs290 per dollar benchmark for FY27 budget
ISLAMABAD: The Ministry of Finance has decided to prepare the federal budget for fiscal year 2026-27 using an exchange rate…
Oil little changed on uncertainty over US-Iran peace deal
June 5, 2026
Oil little changed on uncertainty over US-Iran peace deal
SINGAPORE: Oil prices were little changed on Friday following sharp declines in the previous session, with prospects dimming for a…
Rs. 46 billion in IPP revenues remains undisclosed, Senators warn
June 4, 2026
Rs. 46 billion in IPP revenues remains undisclosed, Senators warn
The Senate Standing Committee on Economic Affairs exposed serious concerns regarding payments, settlements, and debt obligations to Independent Power Producers…
India sees Venezuelan oil ‘opportunity’ as Rodriguez meets Modi
June 4, 2026
India sees Venezuelan oil ‘opportunity’ as Rodriguez meets Modi
India’s Prime Minister Narendra Modi hosted Venezuela’s interim President Delcy Rodriguez on Thursday for talks to bolster trade between the…
Barrick Gold says Reko Diq project remains on track
June 4, 2026
Barrick Gold says Reko Diq project remains on track
While quashing rumors of backing out of a multibillion-dollar gold and copper project in Balochistan, Canadian firm Barrick Gold has…