Business

Senate Panel Flags Alleged Misuse of FATA/PATA Tax Exemption Scheme
SBP Urges Banks and Fintechs to Rapidly Expand Digital Credit
The State Bank of Pakistan (SBP) has called on banks and fintech companies to accelerate the expansion of digital credit while building a trusted, accountable…
Local Banks Attract Rs. 13 Billion in Deposits Per Day in July
Pakistan’s banking sector recorded a 13.9% year-on-year (YoY) increase in deposits to Rs. 39.05 trillion in July 2026, according to data compiled by the State…
Maple Leaf Cement Approves Merger With Pioneer Cement
Maple Leaf Cement Factory Limited (PSX: MLCF) has approved a proposed scheme to merge Pioneer Cement Limited (PSX: PIOC) into the company, subject to shareholder…
BISP Sets Free SIM Deadline, Warns of Payment Suspension
The Benazir Income Support Programme (BISP) has announced that all eligible women must collect their free mobile SIM cards by September 10, 2026, cautioning that…
PSX Plunges Over 1,600 Points as US-Iran Strikes Raise Supply Concerns
The Pakistan Stock Exchange (PSX) came under heavy selling pressure on Wednesday as renewed US-Iran strikes intensified concerns about potential supply disruptions and reduced hopes…
Pakistan OMC Sales Fall 16% in August 2026
Pakistan’s oil marketing companies (OMCs) recorded petroleum product sales of 1.3 million tons in August 2026, marking a 3% year-on-year (YoY) decline and a sharper…
FBR Sets Rs. 1 Million Fine for Tax System Violation
The Federal Board of Revenue (FBR) has introduced a Rs. 1 million penalty for the first violation involving the failure to install or use the…
SBP Dollar Purchases Fall to 16-Month Low at $154 Million
The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May, with purchases falling to $154 million,…
SECP Intensifies Insider Trading Probe into Unity Foods
The Securities and Exchange Commission of Pakistan (SECP) has accelerated its investigation into alleged insider trading involving the shares of Unity Foods Limited (UNITY). Consequently,…
Islamabad-Tashkent Ties Deepen With New Trade, Flight Targets
Pakistan and Uzbekistan plan to raise bilateral trade to $2 billion within five years, while direct flights between the two countries are set to increase…
Gold and Silver Prices See A Massive Drop Today
Stalled US-Iran negotiations currently ignite massive volatility in precious metals. President Trump recently demanded historical conflict compensation from Tehran. This demand effectively freezes ongoing peace…
SBP Invites Public to Share Views on Jobs and Inflation
The State Bank of Pakistan (SBP) has invited members of the public to participate in its Employment Conditions and Inflation Expectations Survey for September 2026,…

























