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Business

IMF 'opposes' fuel subsidies in Pakistan: Report

IMF 'opposes' fuel subsidies in Pakistan: Report

IMF officials have opposed providing fuel or cross-subsidies and instead proposed targeted subsidies for eligible people, similar to the Benazir Income Support Programme.

Goods transporters announce nationwide wheel-jam strike from October 10

Goods transporters announce nationwide wheel-jam strike from October 10

The association further urged the federal and provincial governments to honour commitments made during the previous strike.

FBR to launch crackdown on 1 million non-filers retailers

Pakistan inflation rate nearly doubles in a year

Govt raises profit rates on National Savings schemes

Govt raises profit rates on National Savings schemes

FBR extends income tax return filing deadline to October 15

OGRA raises LPG price by Rs20.68 per kg

Karachi dairy farmers seek Rs60 per litre hike in milk price

Shehbaz urges international financial firms to expand operations in Pakistan

IMF 'opposes' fuel subsidies in Pakistan: Report

3 Oct 2026

IMF 'opposes' fuel subsidies in Pakistan: Report

IMF officials have opposed providing fuel or cross-subsidies and instead proposed targeted subsidies for eligible people, similar to the Benazir Income Support Programme.

Goods transporters announce nationwide wheel-jam strike from October 10

1 Oct 2026

Goods transporters announce nationwide wheel-jam strike from October 10

The association further urged the federal and provincial governments to honour commitments made during the previous strike.

FBR to launch crackdown on 1 million non-filers retailers

1 Oct 2026

FBR to launch crackdown on 1 million non-filers retailers

The scheme failed to attract retailers.

Pakistan inflation rate nearly doubles in a year

1 Oct 2026

Pakistan inflation rate nearly doubles in a year

The US-Iran war has disrupted Gulf energy supplies and shipping through the Strait of Hormuz, a critical route connecting oil-producing countries to global markets.

Govt raises profit rates on National Savings schemes

1 Oct 2026

Govt raises profit rates on National Savings schemes

The revised rates will apply under the latest notification issued by the Ministry of Finance

FBR extends income tax return filing deadline to October 15

30 Sep 2026

FBR extends income tax return filing deadline to October 15

The deadline had previously been set for September 30

OGRA raises LPG price by Rs20.68 per kg

30 Sep 2026

OGRA raises LPG price by Rs20.68 per kg

The new prices have been set for October.

Karachi dairy farmers seek Rs60 per litre hike in milk price

30 Sep 2026

Karachi dairy farmers seek Rs60 per litre hike in milk price

The dairy farmers also cited increases in the cost of animal feed, medicines, electricity, labour and water.

Shehbaz urges international financial firms to expand operations in Pakistan

30 Sep 2026

Shehbaz urges international financial firms to expand operations in Pakistan

The delegation expressed interest in Pakistan’s sovereign debt markets and corporate banking opportunities.

FPCCI seeks one-month extension for income tax return filing deadline

29 Sep 2026

FPCCI seeks one-month extension for income tax return filing deadline

The last date for filing income tax returns is September 30.

Fuel subsidy valid only for registered vehicles, petrol pump owners clarify

28 Sep 2026

Fuel subsidy valid only for registered vehicles, petrol pump owners clarify

Beneficiaries have been advised to visit petrol stations with the registered vehicle and claim the subsidy.

Over 5m people register for PM’s fuel relief scheme across Pakistan

25 Sep 2026

Over 5m people register for PM’s fuel relief scheme across Pakistan

"Most issues related to registration at petrol pumps had been resolved"

Toshakhana rules tightened as federal government introduces new regulations

24 Sep 2026

Toshakhana rules tightened as federal government introduces new regulations

According to the notification, gifts received as a set will not be sold separately, while the auctions will be covered directly by the media.

ADB projects 3.7pc growth for Pakistan in FY2027

23 Sep 2026

ADB projects 3.7pc growth for Pakistan in FY2027

Private investment increased by 8.6 per cent, supported by lower interest rates and improved business confidence.

Goods transporters suspend supplies from Karachi to Islamabad amid container seizures

23 Sep 2026

Goods transporters suspend supplies from Karachi to Islamabad amid container seizures

The disruption in freight movement could affect the supply chain between Karachi and Islamabad, particularly the transportation of food and other essential commodities.

Five Boeing aircraft to be leased by PIA for UK, European operations

23 Sep 2026

Five Boeing aircraft to be leased by PIA for UK, European operations

The board approved leasing two Boeing 777 aircraft from European carrier Norse Atlantic for a period of six months.

Closed Pakistan Steel Mills incurs Rs79bn loss to national exchequer in 3 years

22 Sep 2026

Closed Pakistan Steel Mills incurs Rs79bn loss to national exchequer in 3 years

Ministry of Industries’ statistics showed that PSM recorded a loss of Rs24 billion in fiscal year 2025-26.

Cigarettes worth Rs250m go missing from FBR warehouse in KP

22 Sep 2026

Cigarettes worth Rs250m go missing from FBR warehouse in KP

FIR registered by Federal Investigation Agency

Lithium Battery prices for solar systems fall by up to Rs100,000

21 Sep 2026

Lithium Battery prices for solar systems fall by up to Rs100,000

Price cuts have been reported for batteries used in on-grid, hybrid and off-grid solar systems

Petrol may reach Rs1,000/litre amid fuel shortage, warns minister

20 Sep 2026

Petrol may reach Rs1,000/litre amid fuel shortage, warns minister

The warning came amid a sharp rise in fuel prices and heightened volatility in international oil markets, driven by renewed hostilities in the Middle East and disruptions surrounding the Strait of Hormuz.

Govt invites bids for first electricity wheeling auction

20 Sep 2026

Govt invites bids for first electricity wheeling auction

800 megawatts of electricity would be auctioned over the next five years

Protests, sit-ins to cause Rs120bn daily loss to economy, says finance minister

20 Sep 2026

Protests, sit-ins to cause Rs120bn daily loss to economy, says finance minister

“Unfortunately, everyone is being affected by the situation in the Middle East”

Islamabad can emerge as regional hub for investment, technology and trade: ICCI

20 Sep 2026

Islamabad can emerge as regional hub for investment, technology and trade: ICCI

Mehmood called for a long-term Islamabad Economic Master Plan to establish a clear economic direction for the capital.

Minister announces three changes to PM’s fuel relief scheme

19 Sep 2026

Minister announces three changes to PM’s fuel relief scheme

More than 1.75 million people had registered for the scheme by 3pm

SBP rejects reports of Rs10 banknote discontinuation

17 Sep 2026

SBP rejects reports of Rs10 banknote discontinuation

"A proposal for introduction of a new banknote series is currently under consideration by the federal cabinet'

Govt increases petrol price by Rs6.88, diesel by Rs5.62 per litre

16 Sep 2026

Govt increases petrol price by Rs6.88, diesel by Rs5.62 per litre

The revised prices were determined on the basis of international oil prices

Petroleum dealers oppose PM’s fuel subsidy scheme over payment concerns

16 Sep 2026

Petroleum dealers oppose PM’s fuel subsidy scheme over payment concerns

The government is yet to clarify who would reimburse dealers for the subsidised fuel, says PPDA chairman

PM’s Fuel Relief Scheme to begin nationwide from Wednesday night

15 Sep 2026

PM’s Fuel Relief Scheme to begin nationwide from Wednesday night

Deputy PM Dar directed officials to make the registration procedure simple and easily accessible

Govt approves another Rs3bn for more bulletproof vehicles

15 Sep 2026

Govt approves another Rs3bn for more bulletproof vehicles

Pakistan to host SCO summit in 2027

SBP keeps policy rate unchanged at 11.5pc as inflation and oil prices climb

14 Sep 2026

SBP keeps policy rate unchanged at 11.5pc as inflation and oil prices climb

The decision was taken by the central bank’s Monetary Policy Committee (MPC) at its meeting

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