Pakistan’s stock market faced a dramatic downturn as intense selling pressure gripped the trading floor.…
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Pakistan Ports Handle Over 179,000 Tons of Cargo Amid Strait of Hormuz Tensions
Maritime trade activity in Pakistan remained steady as major ports collectively handled 179,335 metric tons of cargo in a single day, despite heightened regional uncertainty linked to tensions around the Strait of Hormuz. The performance highlights the resilience of Pakistan’s shipping and logistics sector at a time when global supply chains continue to face geopolitical […]
SBP Relaxes Forex Rules to Accelerate Energy Imports Amid Rising Demand
The State Bank of Pakistan (SBP) has introduced new measures to ease foreign exchange regulations, aiming to streamline the import of essential energy resources. The move comes as Pakistan navigates global market volatility and increasing domestic energy requirements. In a recent circular issued to authorized dealers, the central bank allowed commercial banks to issue financial […]
KP Government Holds Assembly Session at Cricket Stadium in Unprecedented Move
In a rare and symbolic move, the Khyber Pakhtunkhwa Government convened a provincial assembly session at the Imran Khan Cricket Stadium in Peshawar. The session began at 3 PM, marking a historic departure from traditional legislative venues. Officials described the decision as unprecedented in the province’s parliamentary history. Holding the session in a public and […]
Pakistan Navy Successfully Tests Taimoor Air-Launched Cruise Missile, Showcasing Enhanced Strike Capability
The Pakistan Navy has successfully conducted a live firing of the Taimoor Air-Launched Cruise Missile, marking a significant advancement in the country’s indigenous defense capabilities. The test demonstrated precision strike performance and reinforced the Navy’s operational readiness in maritime security. According to official details, the air-launched cruise missile executed its mission with high accuracy, effectively […]
Pakistan Cement Sector Unlocks $700 Million Investment for Seven New Plants
Pakistan’s cement industry is set for a major expansion as the Special Investment Facilitation Council (SIFC) clears regulatory hurdles to enable the establishment of seven new plants. The projects, collectively valued at around $700 million, mark a significant step toward boosting industrial capacity and attracting fresh investment. The initiative comes after the Special Investment Facilitation […]
Govt Disburses Rs. 38 Billion to Stabilize Petrol Prices Under PDC Mechanism
The Oil and Gas Regulatory Authority has processed the disbursement of approximately Rs. 38 billion to oil marketing companies as part of the government’s efforts to maintain stable petrol prices across Pakistan. The payments have been made under the Price Differential Claims (PDC) mechanism, a system designed to compensate companies for selling petroleum products below […]
Government Ends Free Electricity Units for Power Sector Employees in Landmark Reform
In a significant policy shift, Pakistan’s Power Minister Awais Leghari has announced the abolition of free electricity units previously granted to power sector employees. The decision, described as a major reform, follows approval from the Lahore High Court and marks a turning point in the country’s energy governance. The minister shared the development on social […]
Power Minister Announces Gradual Relief in Loadshedding Amid Ongoing 4,000MW Shortfall
Federal Minister for Power Awais Ahmad Khan Leghari has announced that electricity loadshedding will begin to ease from tonight, offering partial relief to consumers across the country. The statement comes despite Pakistan continuing to face a significant power shortfall of nearly 4,000 megawatts. The minister expressed regret over the inconvenience caused by prolonged power outages […]
OGDC Achieves Record-Breaking Oil and Gas Output from Baragzai X-01 Well
Oil and Gas Development Company Limited has marked a historic milestone by commencing production from the Baragzai X-01 (Slant) well in the Nashpa Block, located in the Kohat district of Khyber Pakhtunkhwa. The development is being described as the highest-ever oil and gas production from a single well in Pakistan. The inauguration ceremony took place […]
Finance Minister Pushes Cashless Economy Vision in Key Mastercard Meeting
Muhammad Aurangzeb advanced Pakistan’s push toward a cashless economy during a high-level meeting with Tucker Foote, Chief Government Affairs Officer at Mastercard. The discussion took place in Washington, D.C. on the sidelines of the World Bank IMF Spring Meetings 2026. The meeting centered on accelerating digital payments and expanding financial inclusion across Pakistan. Both sides […]