Business
Gold and Silver Prices in Pakistan Today, 29th May, 2026
Govt Orders Banks to Open on Weekend for Tax and Duty Collection May 2026
The government has announced special arrangements for the collection of government duties and taxes on Saturday and Sunday, May 23 and 24, 2026, to facilitate taxpayers making…
KP Excise Department Updates Petrol Subsidy Payment Process for Vehicle Owners
The Excise, Taxation and Narcotics Control Department of Khyber Pakhtunkhwa has issued a fresh update regarding pending petrol subsidy payments for vehicle owners, including motorcyclists and transport…
IMF Pushes Pakistan for Rs. 700 Billion Extra Revenue in FY27 Budget Talks
Pakistan is expected to generate more than Rs. 700 billion in additional revenue as part of fiscal tightening measures discussed with the International Monetary Fund (IMF) for…
PSX Rally Continues as KSE-100 Index Gains 500+ Points in Early Trade
Buying momentum continued at the Pakistan Stock Exchange (PSX) on Friday as the benchmark KSE-100 Index surged over 500 points in early trading, reflecting strong investor…
SIEM Profit Crashes 98% in H1FY26 Despite Higher Sales
Siemens (Pakistan) Engineering Co. Ltd. (PSX: SIEM) reported a sharp 97.8% year-on-year decline in net profit for the half year ended March 31, 2026, as…
Gold and Silver Prices in Pakistan Today, 22nd May, 2026
Recent geopolitical tensions in the Middle East have resulted in above-average price volatility for gold and silver. Typically, the prices of gold and silver in…
FBR Suspends K‑Electric’s Sales Tax Registration, Sparking Consumer Alarm
The Federal Board of Revenue (FBR) suspended K-Electric’s sales tax registration on 20 May 2026, according to the taxpayer status portal maintained on the official…
SBP Reserves Climb to $17.081 Billion After IMF and Panda Bond Inflows
Foreign exchange reserves held by the State Bank (SBP) rose by $1.214 billion in a week, reaching $17.081 billion as of 15 May 2026. The…
Sitara Petroleum Officially Listed at PSX After Record IPO Success
Sitara Petroleum Service Limited has officially completed its Initial Public Offering (IPO) and listed on the Pakistan Stock Exchange (PSX), becoming the 10th IPO of 2026 and one of the largest…
Pakistan Circular Debt Jumps by Rs. 228 Billion After Temporary FY25 Decline
Pakistan’s power sector circular debt has surged once again after showing signs of improvement in FY25, highlighting continued structural challenges in the energy sector. According…
FBR Imposes Rs2.7bn Penalty on Gerry’s Dnata Over Customs Fraud
The Federal Board of Revenue (FBR) has imposed a Rs2.7 billion penalty on terminal operator Gerry’s Dnata for involvement in the illegal removal of imported…
Global Oil Prices Fall 6% After Trump Signals Progress in US–Iran Talks
Global crude oil prices plunged on Wednesday after remarks by US President Donald Trump suggested that negotiations with Iran are approaching a final stage, raising…
