Business

LPG Industry Threatens Nationwide Protest and Business Shutdown Over Raids

LAHORE: Representatives of the liquefied petroleum gas industry have threatened nationwide protests and a possible shutdown of businesses if the government fails to address…

FBR Blocks Rs6 Billion in Tax Refunds Over Digital Non-Compliance

ISLAMABAD: The Federal Board of Revenue has blocked more than Rs6 billion in refunds claimed by industrial units that failed to comply with mandatory…

Jet Fuel Price Rises by Rs13.23 Per Litre, Airfares May Face New Pressure

ISLAMABAD: The government has increased the price of jet fuel used by commercial passenger aircraft by Rs13.23 per litre, raising concerns that airlines may…

Virtual Assets Authority Seeks Sharia Review of Crypto and Digital Assets From Ulema

Islamabad, July 12: Pakistan Virtual Assets Regulatory Authority Chairman Bilal Bin Saqib has called on ulema to conduct a comprehensive Sharia review of cryptocurrencies,…

Agricultural Machinery Imports Jump 25% as Farm Modernisation Accelerates

ISLAMABAD, July 11 — Agricultural machinery imports rose by nearly 25% during FY2025-26 as farmers increased investment in modern equipment, supported by higher credit…

Gold Prices Rise Again in Pakistan as Global Market Extends Gains

Gold prices increased in both international and domestic markets on Saturday, reversing the previous day’s decline. The rise in global bullion prices pushed local…

Pakistan Becomes World’s Third-Largest Solar Panel Importer

Pakistan became the world’s third-largest importer of solar panels in 2024 after importing 17 gigawatts (GW) of solar power systems, according to the Pakistan…

Gold Prices Drop to Rs432,436 per Tola in Pakistan on July 10, 2026

KARACHI: Gold prices fell in both global and domestic markets, while silver rates saw a moderate rise, according to market reports. In the international…

Government Approves Hike in Petrol and Diesel Prices

ISLAMABAD: The government has decided to pass the burden of rising crude oil prices onto consumers, resulting in an increase in the prices of…

NIPPON HEV Launches Hydrogen Mobility and Advanced Battery Solutions in Pakistan

LAHORE, July 10, 2026: NIPPON HEV has launched its hydrogen-powered vehicles, motorcycles, and advanced battery solutions in Pakistan, introducing a new clean mobility ecosystem…

PTCL Flash Fiber Crosses 900,000 Subscribers as Fiber Broadband Demand Grows

ISLAMABAD, July 10, 2026: Pakistan Telecommunication Company Limited (PTCL) has announced that its fiber-to-the-home (FTTH) service, PTCL Flash Fiber, has surpassed 900,000 subscribers, marking…

ADB Appointed Financial Adviser for Outsourcing Operations of Islamabad International Airport

ISLAMABAD, July 10, 2026: The Privatisation Commission Board has approved the appointment of the Asian Development Bank (ADB) as financial adviser for the outsourcing…

ICCI Calls for Regulatory Reforms to Improve Business Climate and Attract Investment

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has called for comprehensive regulatory reforms to improve the ease of doing business, reduce compliance…

Pakistan’s IT Exports Reach $4.5 Billion As Digital Economy Expands Into New Markets

ISLAMABAD, July 10, 2026: Pakistan’s digital economy has entered a new phase of growth, with the country’s IT exports reaching approximately $4.5 billion in…

Youth Drive Pakistan Stock Market Growth as Investor Base Surges 48%

Over 190,000 new investors join capital market in one year, with young people accounting for largest share Islamabad: Pakistan’s stock market has witnessed a…

Bank Alfalah Raises PKR 20 Billion in Pakistan’s Largest Banking TFC Issuance

Karachi: Bank Alfalah has raised PKR 20 billion through a AAA-rated Tier 2 Term Finance Certificate (TFC), marking the largest such issuance in Pakistan’s…