The federal government successfully mobilised ₨651.8 billion through the latest auction of Pakistan Investment Bonds, substantially exceeding its initial target of ₨350 billion, according to auction results issued by the State Bank of Pakistan.
Aggregate investor participation remained Read More...
The National Assembly of Pakistan has approved the Financial Institutions (Recovery of Finances) Amendment Bill, 2026 and the Pakistan Airports Authority (Amendment) Bill, 2026, introducing legislative reforms aimed at strengthening loan recovery mechanisms and restructuring the governance Read More...
The Securities and Exchange Commission of Pakistan has granted Pakistan’s first Shariah-compliant digital general takaful operator licence to First Digital Takaful Company Limited, alongside the country’s first Digital Investment Advisory Services licence issued to Wealthbridge Management Read More...
Business and transport sector representatives in Balochistan on Thursday called for a comprehensive high-level inquiry into the large-scale fire that destroyed the Lakpass Customs post warehouse near Quetta earlier this week, alleging that the incident may have been intentionally orchestrated to Read More...
The federal government on Friday announced a reduction of ₨5 per litre in the prices of both petrol and High-Speed Diesel (HSD), providing partial financial relief to consumers, transport operators, agricultural stakeholders, and industrial sectors facing sustained pressure from elevated fuel Read More...
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The Drug Regulatory Authority of Pakistan has issued an official notification determining maximum retail prices for 35 advanced life-saving pharmaceutical products, including medicines used in the treatment of cancer, cardiovascular diseases, and typhoid.
According to industry Read More...
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State Bank of Pakistan Governor Jameel Ahmad announced that the design process for Pakistan’s new currency notes has been completed and the proposed banknote designs have formally been forwarded to the federal cabinet for approval.
The disclosure was made during a meeting with Read More...
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Pakistan has informed the International Monetary Fund that the federal budget for fiscal year 2026-27 will incorporate fiscal provisions to increase quarterly payments under the Benazir Kafaalat Programme from ₨14,500 to ₨18,000 per beneficiary, with the revised disbursement structure Read More...
Faysal Bank Limited has approved the reappointment of Yousaf Hussain as President and Chief Executive Officer for an additional three-year tenure, according to a corporate disclosure submitted to the Pakistan Stock Exchange on Friday.
The bank stated that its Board of Directors authorised Read More...
During proceedings of the Senate Standing Committee on Finance held on Thursday, the federal government refrained from providing a definitive position regarding the possible withdrawal of the Super Tax in the forthcoming fiscal year 2026-27 budget.
Members of the committee questioned Bilal Read More...
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