Assessment warns that rising oil, freight and fertiliser costs, along with risks to remittances, could deepen poverty and increase economic vulnerability.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Torres’ extra-time thunderbolt crowns Spain World Champions, ends Messi’s dream farewell
Substitute Ferran Torres scores a dramatic extra-time winner as Spain defeat Argentina 1-0 to claim their second FIFA World Cup title and shatter Lionel Messi’s hopes of a fairytale farewell.
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Government targets Rs627 billion in savings bank deposits for FY2026-27
National Savings deposits are projected to rise to Rs1.49 trillion, driven by higher inflows into savings accounts and Islamic savings products.
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Pakistan cuts corporate tax rate for banks to 42% in FY27
Reduced tax rate takes effect from January 1, 2026, while tax rates for small companies and other corporate entities remain unchanged.
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Pakistan allocates Rs1.17 trillion for pensions in FY2026-27
Military and civil pension allocations increase by nearly 12%, while funding for the Federal Pension Fund more than doubles.
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Government massively increases petrol and diesel prices for July 18, 2026
Petrol rises by Rs5 per litre while diesel jumps Rs30 as government shifts to daily fuel price reviews amid Middle East tensions.
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Pakistan to review petrol prices daily amid Middle East tensions
OGRA to determine fuel prices daily using international market trends as government pushes for greater transparency and deregulation.
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Pakistan posts $139 million current account deficit in FY26 as imports outpace exports
Record remittances cushion external account, but widening trade gap pushes balance back into deficit
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FBR scrutinises foreign income in Pakistan’s real estate investments
Tax authority launches examination of REIT management companies to verify foreign investment and strengthen compliance under exchange of information laws.
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PM Shehbaz orders crackdown on petroleum hoarding amid renewed Iran-US tensions
Government says fuel stocks remain sufficient as rising oil prices prompt contingency planning
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