The Sensitive Price Indicator (SPI) registered a year-on-year increase of 7.04% for the week ending March 18, 2026, primarily driven by rising fuel and utility costs, despite observable declines in several food categories, as per data issued by the Pakistan Bureau of Read More...
The Government of Pakistan is reportedly evaluating measures to absorb a substantial increase of up to Rs49 per litre in domestic fuel prices following a sharp escalation in international oil markets driven by geopolitical tensions in the Gulf region, as highlighted by The Express Read More...
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Jazz has formally commenced 5G services following the acquisition of a Next Generation Mobile Services (NGMS) licence from the Pakistan Telecommunication Authority, signalling a significant advancement in Pakistan’s digital infrastructure through enhanced connectivity, accelerated data speeds, Read More...
The Lahore High Court has affirmed the legal validity of property tax imposed by cantonment boards under Presidential Order No 13 of 1979, read in conjunction with the Cantonments Act, 1924, holding that such taxation falls squarely within their lawful jurisdiction.
The ruling was issued Read More...
Electricity consumers across Pakistan may experience an increase in power tariffs as distribution companies (DISCOs) have approached the National Electric Power Regulatory Authority seeking approval for a fuel cost adjustment of Rs1.64 per unit, reflecting fuel expenses incurred during February Read More...
The federal government is reportedly evaluating a proposal to maintain current retail prices of petrol and high-speed diesel (HSD) unchanged until March 31, notwithstanding upward trends in international oil markets, as reported by The News International.
This position was communicated to Read More...
The Federal Board of Revenue has put forward amendments to the Export Facilitation Scheme (EFS) through SRO 520(I)/2026, introducing stricter controls on duty-free imports by directly linking them to the actual utilisation of input goods in export production, as reported by Business Read More...
The State Bank of Pakistan has granted formal approval to Bank Alfalah Limited for amendments to its capital structure, enabling the bank to proceed with a proposed subdivision of its shares.
In a disclosure submitted to the Pakistan Stock Exchange on Thursday, the bank confirmed that the Read More...
Russia’s Ambassador to Pakistan, Albert Khorev, has indicated Moscow’s willingness to supply discounted crude oil to Pakistan in light of disruptions arising from the Iran conflict. However, he clarified that no formal request has yet been submitted by Islamabad. The envoy emphasised that Read More...
The State Bank of Pakistan has introduced revisions to its markup subsidy and risk-sharing framework for affordable housing, enhancing the maximum financing limit to Rs10 million while fixing the end-user markup rate at 5%.
Under the revised scheme, financing facilities of up to Rs10 Read More...
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