Business
SBP caps minimum deposit profit rate on individual accounts of Rs10m
July 7, 2026
SBP caps minimum deposit profit rate on individual accounts of Rs10m
The State Bank of Pakistan (SBP) has said the minimum profit rate requirement on bank deposits will apply only to…
ECB presses banks on AI defence plans
July 7, 2026
ECB presses banks on AI defence plans
The European Central Bank on Tuesday pressed major European banks to come up with action plans to deal with cybersecurity…
Finance Ministry unveils fund release strategy for FY2026-27
July 7, 2026
Finance Ministry unveils fund release strategy for FY2026-27
ISLAMABAD: The Ministry of Finance has issued its budget fund release strategy for the 2026-27 fiscal year, outlining the mechanism…
Pakistan Stock Exchange closes 1,199 points lower after early rally fades
July 7, 2026
Pakistan Stock Exchange closes 1,199 points lower after early rally fades
KARACHI: The Pakistan Stock Exchange (PSX) reversed early gains on Tuesday as selling pressure erased an initial rally, pushing the…
Pakistan Railways posts first-ever profit with Rs115 billion revenue, says Hanif Abbasi
July 6, 2026
Pakistan Railways posts first-ever profit with Rs115 billion revenue, says Hanif Abbasi
ISLAMABAD: Federal Minister for Railways Hanif Abbasi has claimed that Pakistan Railways has become profitable for the first time in…
Arif Habib outlines expansion plan for PIA after privatization
July 6, 2026
Arif Habib outlines expansion plan for PIA after privatization
Chairman Arif Habib Group Arif Habib said Pakistan International Airlines (PIA) is expected to become a profitable company in its…
Punjab allots 121,000 acres to landless families under ‘Apna Khet Apna Rozgar’ Scheme
July 6, 2026
Punjab allots 121,000 acres to landless families under ‘Apna Khet Apna Rozgar’ Scheme
Punjab Chief Minister Maryam Nawaz on Monday launched computerized balloting for the ‘Apna Khet Apna Rozgar’ scheme, under which 30,000…
Finance minister launches Invest Pak Portal to boost investment
July 6, 2026
Finance minister launches Invest Pak Portal to boost investment
Finance Minister Muhammad Aurangzeb on Monday launched the InvestPak Portal, calling it a major step towards promoting investment and strengthening…
World Bank urges Pakistan to reform NFC Award and cut federal spending
July 6, 2026
World Bank urges Pakistan to reform NFC Award and cut federal spending
The World Bank has called for comprehensive fiscal reforms in Pakistan, stressing the need to overhaul the country’s financial resource…
Finance ministry links development spending to fiscal capacity
July 6, 2026
Finance ministry links development spending to fiscal capacity
The Ministry of Finance has announced that the release of development funds during the current fiscal year will be strictly…