Business

The Oil and Gas Regulatory Authority has reduced the prices of petrol and high-speed diesel. According to a notification issued by the Petroleum Division, prices of petrol and high speed diesel have been reduced by 0.50 and 0.19 rupees per litre respectively. The revised petroleum prices were determined under the…

The State Bank of Pakistan has released its financial statements for financial year ended on 30 June, 2026 along with auditors’ report thereon on its website. Simultaneously the aforesaid financial statements and auditors’ report have also been transmitted to the Federal Government and the Majlis-e-Shoora (Parliament) in compliance with the…

Pakistan is upgrading its business and trade laws to align with international standards while pursuing greater transparency and digitalization to facilitate investment and innovation, Securities and Exchange Commission of Pakistan (SECP) Chairman Kabir Ahmed Sidhu said. Speaking in connection with the inauguration of the Pakistan operations of U.S. technology company…

The Board of Directors of easypaisa digital bank has approved the financial statements for the half-year ended 30 June 2026. The Bank reported a robust financial performance, posting a Profit Before Tax (PBT) of PKR 8.26 billion and a Profit After Tax (PAT) of PKR 5.78 billion, representing a 2.27x…

The country’s economic indicators continue to show positive growth trajectory in different sectors of economy. This was informed by Minister for Planning and Development Ahsan Iqbal while presenting the Monthly Development Update in Islamabad. He said the latest statistics show that the strain on Pakistan’s economy caused by the Gulf…

The government has revised the prices of petroleum products for today. According to a notification issued by the Petroleum Division, the price of High Speed Diesel has been increased by 1.64 rupees per litre to set it at 364.70 rupees per litre. Similarly, the price of petrol has also been…

The government revised the prices of petroleum products for today. According to a press release issued by the Petroleum Division, the price of high-speed diesel was reduced by thirty-two rupees and sixty-three paisas per litre to three hundred sixty rupees and six paisa from three hundred ninety five rupees and…

The Khuzdar Barite, Lead and Zinc project has made significant progress with the facilitation of the Special Investment Facilitation Council (SIFC), paving the way for an investment of 200 million dollars. The project, being developed in Khuzdar by Pakistan Petroleum Limited and Bolan Mining Enterprises, is among Pakistan’s major mineral…

A meeting of the Steering Committee on wheat-related matters was held in Islamabad today with Deputy Prime Minister Ishaq Dar in the chair. The meeting reviewed wheat availability and requirements in light of the demands of the provinces. The Committee reiterated its decision to import 1 million tonnes of wheat…

Finance Minister Muhammad Aurangzeb has underscored the importance of sustained coordination with relevant stakeholders to advance digital initiatives and support the continued development of Pakistan’s digital economy. He was talking to Chairperson Pakistan Digital Authority, Dr. Sohail Munir, who called on him in Islamabad today. Matters pertaining to digital transformation,…

Pakistan and Norway have agreed to undertake steps to enhance their relations and cooperation in all areas of mutual interest, including trade, investment, education, defense, climate change, information technology and maritime affairs. An understanding to this effect was reached during a meeting between Deputy Prime Minister Ishaq Dar and Norwegian…

Finance Minister Muhammad Aurangzeb has emphasized continued collaboration between the government and the private sector to identify opportunities and address areas requiring further improvement. He was talking to the newly elected Chairman of the Pakistan Business Council, Ziad Bashir, and Chief Executive Officer of PBC, Javed Kureishi, who called on…

The government has revised the prices of petroleum products for today (Wednesday). According to a press release issued by the Ministry of Energy, the price of petrol has been decreased by 1.70 rupees to set it at 325.92 rupees per liter. The price of High Speed Diesel has been increased…

Minister for Petroleum Ali Pervaiz Malik has emphasized that Pakistan is rapidly moving towards deregulation in the energy sector. He was talking to a delegation from the Swiss global energy trading company Gunvor Group in Islamabad. Ali Pervaiz Malik highlighted vast opportunities for mutual cooperation with Gunvor Group in the…

Finance Minister Senator Muhammad Aurangzeb has directed that the rightsizing process of federal government departments be accelerated, with a focus on improving efficiency, reducing costs and enhancing service delivery. He said this while chairing a meeting of the Sub-Committee on Rightsizing of the Federal Government in Islamabad on Monday. The…

Minister for Petroleum Ali Pervaiz Malik has expressed the government’s commitment to strengthening energy security, attracting investment, and ensuring transparency in the petroleum sector. Speaking at a corner meeting in Lahore today, he said Pakistan’s next major destination after achieving strategic and diplomatic successes was sustainable economic progress. Ali Pervaiz…

Faysal Bank Limited (FBL) delivered a sound and resilient performance during the first half of 2026, reporting Profit Before Tax of PKR 20.5 billion and net profit of PKR 10 billion, with Earnings Per Share of PKR 6.60. The Bank declared a second-quarter cash dividend of PKR 1.5 per share.…

The government has revised the prices of petroleum products for today. According to a press release issued by the Ministry of Energy, the price of petrol has been increased by four rupees and forty-five paisas per litre after which its new price is three hundred thirty three rupees and one…

The government has revised the prices of petroleum products for today. According to a press release issued by the Ministry of Energy, the price of petrol has been decreased by 3.39 rupees to set it at 328.56 rupees per liter. Similarly, the price of High Speed Diesel has been brought…

Iran has expressed interest in expanding trade and economic cooperation with Pakistan through the ports of Karachi and Gwadar. The interest was expressed by Iranian Minister of Industry, Mine and Trade Mohammad Atabak while co-chairing along with Minister for Commerce Jam Kamal Khan the 10th session of Pakistan-Iran Joint Trade…

Adviser to the Finance Minister, Khurram Schehzad, has said Pakistan’s private sector is expanding and borrowing more from the banking sector. Speaking in Radio Pakistan’s News and Current Affairs Channel’s programme “Perspective”, he explained that private businesses are securing credit to expand their operations and commercial activity. He noted that…