Business

Increase in import bill widened trade deficit in April 2026, says Aurangzeb

Increase in import bill widened trade deficit in April 2026, says Aurangzeb

Finance Minister Muhammad Aurangzeb said on Thursday that an increase in the country’s trade deficit was recorded in April 2026…
Govt shuts 66 more accounts under IMF plan; Rs300bn to be moved to treasury

Govt shuts 66 more accounts under IMF plan; Rs300bn to be moved to treasury

The federal government has closed the bank accounts of 66 more state-run institutions as part of the implementation of IMF…
PSX soars past 173,000 as bull run gathers pace

PSX soars past 173,000 as bull run gathers pace

KARACHI: The Pakistan Stock Exchange continued its upward surge on Thursday, with the benchmark KSE-100 Index jumping more than 1,480…
Govt restricts private OMCs from importing high-speed diesel

Govt restricts private OMCs from importing high-speed diesel

ISLAMABAD: The federal government has restricted private oil marketing companies (OMCs) from importing high-speed diesel (HSD), permitting only Pakistan State…
Govt plans BISP-linked electricity subsidy model from January 2027

Govt plans BISP-linked electricity subsidy model from January 2027

ISLAMABAD: The government has finalised a plan to replace the existing electricity subsidy regime with a targeted support system under…
US President Trump’s renewed trade war with China

US President Trump’s renewed trade war with China

BEIJING: US President Donald Trump is set to meet Chinese President Xi Jinping in May on his first visit to…
Gold prices surge sharply in global, local markets

Gold prices surge sharply in global, local markets

KARACHI: Gold prices witnessed a sharp increase in both international and local markets. In the international bullion market, the price…
PIA announces major discount on Saudi Arabia flights

PIA announces major discount on Saudi Arabia flights

LAHORE: Pakistan’s national flag carrier Pakistan International Airlines has announced a significant discount on flights to Saudi Arabia, offering travellers…
Economic stability key to tackling climate crisis, says Mosaddiq Malik

Economic stability key to tackling climate crisis, says Mosaddiq Malik

ISLAMABAD: Federal Minister for Climate Change and Environmental Coordination, Mosaddiq Malik, has stressed that Pakistan cannot effectively combat climate change…
Punjab becomes first province to introduce general insurance company

Punjab becomes first province to introduce general insurance company

The Government of Punjab has announced the launch of a general insurance company – Punjab Life Insurance Company – becoming…
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