The Senate Standing Committee on Economic Affairs has instructed the National Highway Authority and other relevant departments to immediately suspend the tendering process for the N-45 Chakdara–Chitral Road project (Kalkatak–Chitral section) pending submission and review of complete project Read More...
The State Bank of Pakistan has revised its benchmark monetary policy framework by increasing the policy rate by 100 basis points to 11.50%, alongside corresponding adjustments to corridor rates under its interest rate corridor mechanism.
Under the updated structure, the overnight reverse Read More...
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The Pakistan Stock Exchange has formally announced that it will remain closed on Friday, May 1, 2026, in observance of Labour Day.
As per a notification issued on April 28, the exchange has advised all market participants, stakeholders, and employees that trading activities will be Read More...
Soneri Bank Limited has formally disclosed its intention to establish an asset management company (AMC) as a wholly owned subsidiary, signalling its strategic entry into Pakistan’s expanding investment management sector.
In a notification submitted to the Pakistan Stock Exchange, the Read More...
Fauji Cement Company Limited and Kot Addu Power Company Limited have formally notified the Pakistan Stock Exchange regarding the successful completion of their acquisition of Attock Cement Pakistan Limited on April 24, 2026. Post-transaction, the acquiring entities collectively hold Read More...
The Federal Government has approved the fixation of prices for 35 essential and life-saving pharmaceutical products, with an additional 45 medicines currently under consideration for approval. This regulatory intervention is intended to address persistent supply shortages that have adversely Read More...
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The National Electric Power Regulatory Authority (NEPRA) has approved the Distribution Investment Plan (DIP) for the period 2025–30 submitted by Gujranwala Electric Power Company (GEPCO), incorporating provisions for annual and mid-term reopeners to facilitate need-based capital deployment and Read More...
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The State Bank of Pakistan (SBP), through its Monetary Policy Committee (MPC), has increased the benchmark policy rate by 100 basis points to 11.50%, marking the first upward revision in nearly three years. The decision reflects mounting inflationary risks arising from heightened geopolitical Read More...
The Pakistan Bureau of Statistics (PBS) has reported a marginal decline of 0.33% in the Sensitive Price Indicator (SPI)-based weekly inflation for the combined consumption group for the week ending April 23, 2026. The SPI index decreased to 352.04 points, compared to 353.21 points recorded in Read More...
The Federal Government has implemented an upward revision in petroleum product prices, increasing rates by up to PKR 27 per litre for both petrol and high-speed diesel. Notably, the adjustment has been primarily driven by enhanced domestic taxation measures rather than movements in international Read More...
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