Business

FBR faces Rs73 billion shortfall in April 2026

FBR faces Rs73 billion shortfall in April 2026

The Federal Board of Revenue (FBR) faced a revenue shortfall of Rs73 billion during the month of April 2026, it…
Pakistani ship carrying 80 million liters of diesel crosses Strait of Hormuz

Pakistani ship carrying 80 million liters of diesel crosses Strait of Hormuz

KARACHI: A Pakistani oil tanker carrying 80 million litres of diesel has successfully crossed the Strait of Hormuz and entered…
Arif Habib consortium moves to take full control of PIA

Arif Habib consortium moves to take full control of PIA

The privatisation process of Pakistan International Airlines (PIA) has entered a new phase as a consortium led by Arif Habib…
Ministry of Finance releases monthly economic outlook report

Ministry of Finance releases monthly economic outlook report

The Ministry of Finance has released the monthly economic outlook report. According to report, the inflation rate in March was…
Bilal Bin Saqib discusses prospects with stakeholders of digital assets industry

Bilal Bin Saqib discusses prospects with stakeholders of digital assets industry

Chairman Pakistan Virtual Assets Regulatory Authority and Minister of State Bilal Bin Saqib holds key meeting with stakeholders of the…
IMF adjusts captive gas levy formula under energy reform plan

IMF adjusts captive gas levy formula under energy reform plan

ISLAMABAD: In a significant policy change as part of Pakistan’s energy reform agenda, the International Monetary Fund (IMF) has modified…
New gas connections suspended amid worsening gas crisis

New gas connections suspended amid worsening gas crisis

LAHORE: The gas crisis across the country has intensified as disruption in Regasified Liquefied Natural Gas (RLNG) supply has led…
Sindh utilises only 35% of development budget in first nine months of fiscal year

Sindh utilises only 35% of development budget in first nine months of fiscal year

The government of Sindh has spent just 35% of its allocated development budget during the first nine months of the…
Global oil prices extend rally as Middle East supply fears deepen

Global oil prices extend rally as Middle East supply fears deepen

International oil markets continued their upward momentum on Thursday, driven by mounting concerns that crude supplies from the Middle East…
Gas-powered generation brings stability to national grid, says Power Division

Gas-powered generation brings stability to national grid, says Power Division

In a statement, the spokesman for the Power Division said on Thursday that no load management was done during peak…
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