Pakistan’s stock market faced a dramatic downturn as intense selling pressure gripped the trading floor.…
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Insurance Relief Likely for Salaried Class in Budget 2026–27, Signals Finance Minister
In a potential relief for taxpayers, Muhammad Aurangzeb has indicated that insurance-related tax benefits for the salaried class may be reintroduced in the upcoming fiscal plan. The development comes as the government intensifies consultations ahead of the Budget 2026–27. The discussion emerged during a meeting between the Finance Ministry and the Insurance Association of Pakistan, […]
Jubilee Life, Kashf Foundation Launch ‘Khushal Mustaqbil Takaful’ to Empower Women Financially
In a major step toward financial inclusion, Jubilee Life Insurance, Kashf Foundation, and United Nations Development Programme have jointly introduced “Khushal Mustaqbil Takaful (KMT),” a micro-savings and protection solution tailored to strengthen the financial resilience of women in underserved communities. The partnership was formalized at the Kashf Foundation head office in Lahore, marking a significant […]
Loadshedding Ends as LNG Supply Restores Power Stability Across Pakistan
Pakistan’s energy situation has shown signs of relief as Power Minister Awais Leghari confirmed the end of recent electricity loadshedding following the arrival of a new liquefied natural gas (LNG) shipment. In a televised statement, the minister explained that the prolonged outages experienced over the past month were the result of a temporary gas shortage. […]
FFC Joins Arif Habib Consortium to Acquire 100% Stake in PIA
Fauji Fertilizer Company Limited has officially joined a consortium led by Arif Habib Corporation Limited to acquire full ownership of Pakistan International Airlines. The move marks a significant development in Pakistan’s ongoing efforts to restructure and privatize its national carrier. The consortium has established a special purpose vehicle named PIA Equity Limited, which will serve […]
PSO Profit Surges 150% to Rs. 38.1 Billion in 9MFY26
Pakistan State Oil (PSO) has reported a massive jump in profitability for the nine months ending March 31, 2026, showcasing strong financial resilience despite a volatile energy market. The company posted a net profit of Rs. 38.1 billion, marking an impressive 149 percent increase compared to Rs. 15.3 billion in the same period last year. […]
Rupee Strengthens Against Pound and Euro, Extends Long Winning Run Against Dollar
The Pakistani Rupee continued its upward trajectory in the currency market, closing stronger against major global currencies while extending its remarkable streak against the US Dollar. On Tuesday, the rupee appreciated for the 149th consecutive session against the dollar, signaling sustained stability in the local foreign exchange market. According to market data, the rupee settled […]
Government College University Opens 3,000 Seats for Intermediate Admissions
Government College University has announced the availability of 3,000 seats for intermediate admissions, offering fresh opportunities for students across multiple academic streams. The intake includes an additional 300 seats at its Kala Shah Kaku campus, expanding access for aspiring candidates. The Kala Shah Kaku (KSK) campus will accommodate students in key disciplines such as pre-medical, […]
Karachi Kings Knock Out Quetta Gladiators to Stay Alive in PSL 11
Karachi Kings kept their playoff hopes alive in the Pakistan Super League Season 11 with a commanding nine-wicket victory over Quetta Gladiators at Gaddafi Stadium. Chasing a competitive target of 196, Karachi delivered one of their most dominant batting performances of the tournament. The team reached the target in the 19th over, losing just one […]
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 […]