SECP Issues NBFC Permits to Expand Digital Lending and FDI

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) issued an Investment Finance Services licence to Foremost Financial Services Pvt Ltd to operate as a Non-Banking…

Pakistan Enters FY2026 With Lower Inflation, Narrower Deficit

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Pakistan entered the new fiscal year with signs of macroeconomic stability, as inflation slowed, the fiscal deficit narrowed, external inflows strengthened, and the stock market…

ADB Agrees on ML-1 Project Financing for Pakistan Railways Upgrade

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Asian Development Bank (ADB) has formally agreed on ML-1 project financing, unlocking progress on the long-delayed railway upgrade from Karachi to Peshawar. The Economic…

Govt Unveils Simplified Tax Form for Salaried Class

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Finance Minister Muhammad Aurangzeb has announced a simplified tax form for salaried class, cutting the number of required fields from 800 to just 40 in…

Sindh Assembly Salaries Increased by 200pc

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Sindh Assembly salaries have been increased by 200 percent after a sub-committee unanimously approved a bill presented earlier this month. The Sindh Assembly passed…

Nvidia Earnings Swing Could Reach 260 Billion Market Move

Nvidia Earnings Swing Could Reach $260 Billion Market Move

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Options markets are pricing in a major Nvidia earnings swing after the chipmaker reports second-quarter results. Traders expect about a 6% move in the share…

FBR Issues New Tax Rules for Online Marketplaces & Couriers

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has introduced fresh compliance requirements for online marketplaces, couriers, and payment intermediaries, aimed at improving tax transparency in Pakistan’s…

Pakistan Textile Council Raises Concerns Over Export Facilitation Scheme Amendments

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Pakistan Textile Council (PTC) has expressed concern over the recent changes to the Export Facilitation Scheme (EFS), highlighting operational hurdles faced by textile and…

Goldman Sees Oil Falling Below $55 in 2026 and Pakistan Stands to Benefit

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Oil price outlook from Goldman Sachs predicts Brent crude will fall into the low $55 range in 2026. The bank projects a global surplus of…

Bank Al Habib Profitability Sees Decline in First Half of 2025

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Bank Al Habib has posted a decline in profitability for the half-year ended June 30, 2025, as per its latest financial results. The bank reported…

Meezan Bank Profitability Drops 10% in H1 2025 Report

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Meezan Bank profitability declined in the first half of 2025, as the bank posted a Profit After Tax (PAT) of Rs46.2bn, marking a 10% drop…

ECC Clears Rs11bn PTV Bailout, Petroleum Levy Recovery

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved an Rs11 billion financial bailout for Pakistan Television (PTV) and endorsed a recovery framework…

SBP Dollar Purchases Push Reserves to $14.5 Billion

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has revealed that its dollar purchases from the open market since June 2024 totaled $7.8 billion, raising foreign exchange…

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