Islamabad, March 28, 2026 – The Pakistan Meteorological Department (PMD) has issued fresh weather forecasts, predicting rain and thunderstorms across multiple cities on Saturday. Citizens are advised to remain alert, as heavy showers, hailstorms, and strong winds may affect daily life in some regions.
(more…)Author: Mrs. Anjum Shahnawaz
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Petrol costs Rs544 but sold at Rs322 as government absorbs price hike: PM Shehbaz
Islamabad, March 27, 2026 – Prime Minister Shehbaz Sharif announced that the government is heavily subsidizing fuel prices, revealing that petrol’s actual cost has surged to Rs544 per litre, but is being sold at Rs322 to shield citizens from inflationary pressures.
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Govt eyes tech-based subsidy system for petroleum relief
Islamabad, March 27, 2026 – The federal government is moving to introduce a targeted subsidy on petroleum products through a technology-driven mechanism, as it navigates limited fiscal space and rising energy challenges.
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AHL projects March 2026 inflation at 7.6% amid rising fuel costs
Karachi, March 27, 2026 – Analysts at Arif Habib Limited have projected that headline inflation for March 2026 will clock in at 7.6% Year on Year (YoY), up sharply from 0.7% YoY recorded in March 2025. The increase is largely attributed to a low base effect, as last year’s March figure was comparatively subdued.
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Weekly inflation hits 8.24% YoY amid rising fuel prices: PBS
Islamabad, March 27, 2026 – The Pakistan Bureau of Statistics reported that inflation surged to 8.24% Year on Year (YoY) for the week ending March 26, 2026, driven largely by rising fuel prices and increases in essential food items.
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SBP warns Middle East conflict may hit Pakistan economy
Islamabad, March 27, 2026 – The ongoing conflict in the Middle East is expected to put significant pressure on Pakistan’s trade balance and inflation, according to the State Bank of Pakistan. The warning came in the minutes of the Monetary Policy Committee (MPC) meeting, reflecting the central bank’s concerns over rising energy costs and their impact on the economy.
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IMF sends key MEFP draft to Pakistan ahead of Budget 2026-27
Islamabad, March 27, 2026 – The International Monetary Fund has shared a draft of the Memorandum of Economic and Financial Policies (MEFP) with Pakistan, marking a crucial step in finalizing the 2026–27 budget and ongoing talks under the third review of the Extended Fund Facility and second review under the Resilience and Sustainability Facility.
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Jewelers raise tax challenges in key FBR meeting in Islamabad
Islamabad – Pakistan’s jewelry sector has raised serious concerns over taxation policies during a high-level meeting with the Federal Board of Revenue, highlighting issues that are negatively impacting business operations and growth.
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Pakistan announces major hydrocarbon find in KP exploration well
Karachi, March 27, 2026 – Pakistan has announced a significant hydrocarbon discovery in Khyber Pakhtunkhwa, marking a positive development for the country’s energy sector and future resource security.
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ECC approves Rs100 billion transfer to Prime Minister’s Austerity Fund 2026
Islamabad, March 27, 2026 – The Economic Coordination Committee of the Cabinet on Thursday approved a substantial allocation of Rs100 billion for transfer to the Prime Minister’s Austerity Fund 2026. The decision was made during a high-level meeting chaired by Senator Muhammad Aurangzeb at the Finance Division.
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