Karachi, August 1, 2025 – The Pakistan Stock Exchange (PSX) witnessed a historic day on Friday as the KSE-100 index surged past the 141,000-point mark for the first time ever.
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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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Trump significantly reduces U.S. tariff on Pakistan to 19%
WASHINGTON – In a significant development for bilateral trade, U.S. President Donald Trump has announced that Pakistan will face a reduced tariff rate of 19% on its exports to the United States, down from the previously proposed 29%.
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Pakistan sharply cuts petrol price by Rs7.54 per liter
Islamabad, July 31, 2025 – In a significant move, the Government of Pakistan has announced a sharp cut in the price of petrol by Rs7.54 per liter, providing some relief to the general public.
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Pakistan, U.S. finalize landmark trade agreement
Washington, D.C., July 31, 2025 – Pakistan and the United States have finalized a comprehensive trade agreement aimed at deepening bilateral relations, expanding market access, and stimulating foreign investment across key sectors.
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Habib Bank pays Rs41 billion in income tax during 1HCY25
Karachi, July 31, 2025 – Habib Bank Limited (HBL) has reported a significant contribution of Rs41 billion in income tax payments during the first half of the calendar year 2025 (January–June), underscoring the bank’s expanding profitability and its vital role in Pakistan’s financial sector.
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Pakistan, US join hands to explore massive oil reserves: Trump
Washington, July 30, 2025 — In a surprising announcement, U.S. President Donald Trump revealed that Pakistan and the United States have entered into a joint agreement to explore and develop the South Asian country’s substantial oil reserves.
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Federal Cabinet Approves Green Building Code of Pakistan
Islamabad, July 30, 2025 – In a significant move toward environmental sustainability and climate resilience, the Federal Cabinet has officially approved the Green Building Code of Pakistan, alongside the Rainwater Harvesting Provisions for the national Building Code.
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SBP maintains 11% policy rate amid inflation concerns
Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11%, citing mounting inflation risks and a shifting macroeconomic landscape.
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FBR gets 41% more funds for FY 2025-26 expenses
Islamabad, July 29, 2025 – The federal government has significantly increased the budgetary allocation for the Federal Board of Revenue (FBR) for the fiscal year 2025-26, earmarking Rs83.10 billion for its expenditures. This reflects a 41% jump compared to Rs58.80 billion allocated in the previous fiscal year.
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FBR notifies option to pay duties after assessment for early GDs
Islamabad, July 29, 2025 – The Federal Board of Revenue (FBR) has issued a new statutory regulatory order, SRO 1360(I)/2025, introducing a key procedural change for importers.
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