Exclusive

Publication

Byline

FCC bins FBR appeals, declares income tax ordinance clause unconstitutionalPublished on: May 8, 2026 3:26 AM

Pakistan, May 8 -- The Federal Constitutional Court has declared the controversial Section 7E of the Income Tax Ordinance, 2001, unconstitutional and void in its entirety, while also declaring all act... Read More


Rupee gains one paisa against dollarPublished on: May 8, 2026 3:24 AM

Pakistan, May 8 -- The Rupee on Thursday appreciated by 1 paisa against the US Dollar in interbank trading and closed at Rs 278.71 compared to the previous day's closing of Rs 278.72. According to the... Read More


Gold prices surge by Rs 7,800 per tolaPublished on: May 8, 2026 3:24 AM

Pakistan, May 8 -- The prices of gold witnessed a significant increase in the local market on Thursday, with 24 karat gold per tola rising by Rs 7,800 to settle at Rs 496,762 compared to Rs 488,962 on... Read More


Pakistan's total liquid foreign reserves rise to $21.29 billionPublished on: May 8, 2026 3:23 AM

Pakistan, May 8 -- The total liquid foreign reserves of Pakistan increased to US$ 21,293.5 million as of April 30, 2026 while the reserves held by the State Bank inched up to $ 15,850.7 million. "Dur... Read More


Abbasi meets Iran envoy, discusses bilateral relationsPublished on: May 8, 2026 3:23 AM

Pakistan, May 8 -- Federal Minister for Railways Muhammad Hanif Abbasi Thursday met with Ambassador of Islamic Republic of Iran to Pakistan, Dr. Reza Amiri Moghadam and discussed bilateral relations, ... Read More


Pakistan, Saudi Arabia agree to strengthen cooperation in energy sectorPublished on: May 8, 2026 3:23 AM

Pakistan, May 8 -- Federal Minister for Petroleum Ali Pervaiz Malik and Ambassador of the Kingdom of Saudi Arabia (SA) to Pakistan Nawaf bin Said Al-Malki on Thursday discussed matters of mutual inter... Read More


Govt stops private OMCs from importing high-speed dieselPublished on: May 8, 2026 3:23 AM

Pakistan, May 8 -- The federal government has restricted private oil marketing companies (OMCs) from importing high-speed diesel (HSD), permitting only Pakistan State Oil (PSO) to handle its procureme... Read More


SECP sets record with 4,082 companies registered in AprilPublished on: May 8, 2026 3:22 AM

Pakistan, May 8 -- The Securities and Exchange Commission of Pakistan (SECP) on Thursday announced a landmark achievement in corporate registration, having incorporated an unprecedented 4,082 companie... Read More


BoP chief visited FPCCI and held an interactive session with Business CommunityPublished on: May 8, 2026 3:00 PM

Pakistan, May 8 -- Mr. Zafar Masud, President & CEO, The Bank of Punjab (BoP) and Chairman Pakistan Banks Association visited FPCCI and held an interactive session with the Business Community at FPCCI... Read More


Bridging the Home-ownership Gap in Pakistan?Published on: May 8, 2026 2:59 AM

Pakistan, May 8 -- Home-ownership is considered a benchmark of stable living. Families living in their own houses lead a rather uniform life compared to those who don't own their own homes. The financ... Read More