Business
Pakistan to Privatise Three Power Firms and One Bank
Privatization Commission will invite expressions of interest next month for stakes in three electricity distribution companies and one state-owned bank. The four entities earmarked for…
Audit Exposes Rs 80m Zakat Fraud in Khyber Pakhtunkhwa
The 2024–25 audit report found irregularities in the use of more than Rs. 80 million drawn from the Zakat fund in Khyber Pakhtunkhwa across multiple…
Fauji Fertilizer Posts Strong Growth in Q1 2026
Fauji Fertilizer Company Limited reported a profit of Rs17.48 billion for the first quarter of 2026, reflecting a 31.62% increase compared to Rs13.28 billion in…
NBP Posts 26% Profit Drop in Q1CY26 as Core Income Weakens
National Bank of Pakistan (NBP) has reported a 26% year-on-year decline in consolidated profit after tax for the first quarter ended March 31, 2026, as weaker core banking…
JSBL Reports 62.68% Profit Drop in Q1CY26 Amid Rising Costs
JS Bank Limited (JSBL) has reported a sharp decline in profitability for the first quarter of calendar year 2026, with profit after tax falling by…
IMF Allows Pakistan to Cut Captive Gas Levy by Up to 60% for Industries
Pakistan has secured conditional approval from the International Monetary Fund (IMF) to revise the formula for calculating the captive gas levy, potentially reducing gas costs…
Energy Prices May Jump 24% in 2026 as Middle East Conflict Sparks Supply Shock
Global energy prices could surge 24 percent in 2026, reaching their highest level since the 2022 energy crisis, as escalating tensions in the Middle East…
Gold and Silver Prices in Pakistan Today, 29th April, 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…
KP Announces Interest-Free Loans for Media Startups to Support Young Journalists
The Khyber Pakhtunkhwa (KP) government has announced a new initiative to provide interest-free loans for media startups, aimed at supporting young journalists in launching independent media…
Pakistan Loses $1.61 Billion Annually to Checkout Inefficiencies in eCommerce
Pakistan’s fast-growing e-commerce industry is losing an estimated $1.61 billion annually due to inefficiencies at the checkout stage, highlighting a major structural challenge in the country’s digital…
SECP Unveils Comprehensive ETF Reform Roadmap to Boost ETF Market in Pakistan
To support the development of the Exchange Traded Fund (ETF) market in Pakistan through improved liquidity, enhanced investor access, and broader market outreach, the Securities…
Pakistan Tobacco Earnings Rise Strongly Despite Higher Taxes in Q1 2026
Pakistan Tobacco Company Limited delivered a strong start to 2026, posting sharp profit growth despite rising taxes and higher operating costs. The company benefited from…