TOP STORIES
- Petrol and diesel prices in Pakistan jump sharply in 10 days
- FBR achieves 10.3% tax-to-GDP ratio in FY2026
- PM Shehbaz orders technical audit of DISCO billing systems
- Petroleum pricing committee advances roadmap for deregulation of oil sector
FINANCE
- ECC forms high-level committee to plan wheat import strategy
- Pakistan’s services sector expands share in GDP to 58.42% in FY2025-26
- ECC approves new export finance incentives to boost Pakistan’s export growth
- S&P upgrades Pakistan’s sovereign rating to ‘B’ with stable outlook
- Aurangzeb meets US Treasury Secretary to strengthen economic cooperation
- Pakistan seeks faster DFC support for energy, IT and infrastructure projects
NATIONAL
- PM Shehbaz orders review of World Bank Fiscal Federalism report
- Sindh government declares school and college holiday on August 4
- LESCO saves Rs58 billion through record loss reduction
- Government prioritizes high-speed internet for remote areas
- Pakistan’s weekly inflation falls 0.91% despite higher fuel prices
- Petrol and diesel prices in Pakistan jump sharply in 10 days
TAXATION
- FBR announces transfer and posting of 80 IRS officers
- FBR introduces fixed sales tax on steel manufacturers based on electricity consumption
- First DG of Tax Policy Office Najeeb Ahmad Memon retires after distinguished IRS career
- FBR notifies 5% withholding tax on social media income for tax year 2027
- Income tax rates on goods, services and contracts for TY 2027
- Income tax rates on payments to non-residents for tax year 2027
MONEY & BANKING
- PTCL board approves to acquire majority stake in microfinance company
- SBP foreign exchange reserves fall by $229 million on debt repayments
- SBP clarifies domestic Visa card transactions will not be charged in US dollars
- Banking Mohtasib grants Rs762.76 million relief to customers in H1 2026
- Overseas Pakistanis expected to send $44 billion home in FY2027: SBP
- SBP keeps policy rate unchanged at 11.5% in first FY27 MPC meeting
TRADE AND INDUSTRY
- MG Pakistan signs deal to export 5,800 vehicles to Bangladesh
- Pakistan targets 6% export-led growth, aims for $100bn exports by 2035
- Engro Fertilizers Q2 profit falls 32%, declares Rs1.75 interim dividend
- Pakistani rice exporters secure trade deals with Chinese firms
- CAREC, ADB to Upgrade Pakistan Border Infrastructure for Regional Trade
- Retail trade remains largest services sector contributor in FY2025-26
AUTOMOTIVE
- Jetour Pakistan launches Azadi offer with SUV price cuts and savings up to Rs800,000
- Toyota Pakistan announces full refund for vehicle booking cancellations at any time
- Omoda 7 PHEV debuts in Pakistan with 90km EV range and 1,250km hybrid capability
- KIA Pakistan opens bookings for Sorento PHEV AWD, unveils features, booking price
- KIA Pakistan launches new Sportage L hybrid facelift, announces booking prices
- Atlas Honda reports 25% rise in Q1 profit as sales surge in FY2026-27
IT & TELECOM
- Government prioritizes high-speed internet for remote areas
- Tecno unveils concept smartphone with world’s first 0mm bezels
- Google uses AI to fix over 1,000 Chrome security flaws in record update
- Spotify launches Running Mode with AI-powered playlists for Premium users
- PTCL board approves to acquire majority stake in microfinance company
- Google Earth Gets Gemini AI to Create Images From Real Locations
JUST IN
- Rob Key keeps door open for Ben Stokes return ahead of AshesEngland cricket director says a comeback from retired all-rounder Ben Stokes before next summer’s Ashes cannot be ruled out.
- FIFA defends commercial subsidiary plan amid oppositionWorld football governing body says member associations will decide the future of FIFA Forward Enterprise through a democratic voting process.
- Marc-Andre ter Stegen set for Ajax loan move as Barcelona exit nearsVeteran German goalkeeper leaves Barcelona’s training camp in England to finalize a season-long loan switch to Ajax.
- Jetour Pakistan launches Azadi offer with SUV price cuts and savings up to Rs800,000Customers can enjoy reduced prices on Jetour Dashing and X70 Plus along with a complimentary two-year maintenance package until August 31, 2026.
- Toyota Pakistan announces full refund for vehicle booking cancellations at any timeCustomers can cancel bookings at any stage and receive a full refund without administrative deductions, even if the vehicle is ready for delivery.
- FBR announces transfer and posting of 80 IRS officersLarge-scale reshuffle includes BS-18 to BS-20 IRS officers, with new appointments across FBR Headquarters, RTOs, LTOs, CTOs, and directorates nationwide.