Business
UAE Raises Petrol Prices, Cuts Diesel Rates for June 2026
The UAE Fuel Price Committee has announced revised fuel prices for June 2026, increasing petrol rates across all categories while reducing diesel prices. According to…
Punjab Approves New Tax on Large Solar Systems and Generators
The Punjab government has reportedly approved the Electricity Duty Rules 2026, introducing a new taxation framework for large private power generation systems, including commercial and…
Tribunal Upholds CCP Decision Against Strepsils Over Misleading Marketing
The Competition Appellate Tribunal (CAT) has upheld a decision of the Competition Commission of Pakistan against Reckitt Benckiser Pakistan Limited, affirming findings that the company…
Govt May Introduce New Tax on PSX Share Trading in Budget 2026-27
The federal government is reportedly evaluating a proposal to introduce a new transaction tax on the buying and selling of shares at the Pakistan Stock…
SHC Orders SBP to Reinstate Employee Over Heart Condition
The Sindh High Court (SHC) has suspended the dismissal of Iman Gulzar, a State Bank of Pakistan (SBP) employee fired due to a rare congenital…
MoITT Proposes Rs. 71.84 Billion IT & Telecom Budget for 2026-27
The Ministry of Information Technology and Telecommunication (MoITT) wants a massive budget hike. Officials have officially proposed a Rs. 71.84 billion allocation for 20 development…
Pakistan Inflation Climbs to 11.7% in May 2026
Pakistan’s inflation rate increased to 11.7% year-on-year in May 2026, up from 10.9% in April, according to the latest data released by the Pakistan Bureau…
The Development Divergence: How Provinces Outspend Islamabad 3-to-1
The landscape of public infrastructure financing in Pakistan has undergone a massive structural shift over the last decade. Localized development has increasingly centralized at the…
Why Pakistan’s Digital Ambitions are Treated Like “Sand” in the FY27 Budget
The federal development strategy remains heavily biased toward physical brick-and-mortar infrastructure. The Ministry of Planning utilizes a “Rockfill Strategy” to classify its 786 active development…
How Pakistan’s Rs. 10.8 Trillion PSDP Backlog is Squeezing Economic Growth
Pakistan is quietly breeding a massive financial disaster within its development portfolio. The federal Public Sector Development Programme (PSDP) has mutated into a secondary circular…
Uber Acquires Controlling Stake in Careem, Signaling Renewed Strategic Alignment in the Region
Uber is increasing its investment in Careem through a new controlling stake deal. The move combines fresh capital and the purchase of part of e&’s…
Rs 200 Prize Bond Draw Date Announced
The National Savings Centre has announced the date for the Rs 200 Prize Bond Draw #106. The draw will take place in Karachi on June…