Senate Committee Exposes Trillions Hidden in Private Bank Accounts
The Senate Standing Committee on finance has revealed that two trillion rupees belonging to state-owned enterprises are currently beyond direct government control and oversight. One…
Gold and Silver Prices in Pakistan Today, 17th 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…
SBP Reserves Drop 6% to $20.52 Billion After Eurobond Repayment
Pakistan’s foreign exchange reserves declined sharply during the past week following a major external debt repayment, according to the State Bank of Pakistan (State Bank…
Pakistan Trade Deficit Widens to $27.9 Billion in FY26 as Exports Fall
Pakistan’s trade deficit has continued to widen during the first nine months of FY26, driven primarily by a sharp decline in exports, according to data…
SECP Proposes “Swing Pricing” to Protect Mutual Fund Investors
The Securities and Exchange Commission of Pakistan (SECP) recently proposed a structural update for the financial sector. The regulatory body introduced a framework called “Swing…
Government Pushes PayPak to Cut $250 Million Annual Visa, Mastercard Outflow
Pakistan’s dependence on global payment networks is coming under fresh scrutiny, as policymakers push for wider adoption of local alternatives and faster growth in digital…
Packages Group Nears Deal to Acquire AkzoNobel Pakistan Operations
After months of negotiations, due diligence, and repeated breakdowns in talks, the Packages Group and AkzoNobel are reportedly close to finalizing a deal for the sale of AkzoNobel’s Pakistan…
Senate Committee Exposes Governance Gaps in Petroleum Sector: Recommends Major Legal Reforms
The Senate Standing Committee on Petroleum today uncovered significant governance failures within Pakistan’s energy and petroleum sector. Senator Manzoor Ahmad Kakar convened a sub-committee meeting…
Air India Bleeds $2.4 Billion: Eyes Fresh Funding from Tata Group & Singapore Airlines
Air India just hit a major financial roadblock. The airline reported a staggering annual loss exceeding $2.4 billion for the last fiscal year (FY26). Consequently,…
Gold and Silver Prices in Pakistan Today, 16th 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…
Pakistan Finance Minister Highlights Remittances as Key to Economic Stability
Finance Minister Muhammad Aurangzeb has emphasized the critical role of overseas Pakistanis in supporting the country’s economic stability, urging continued remittances and investment inflows through…
SECP Issues Guidebook to Promote Shariah-Compliant Halal Lending in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has released a comprehensive guidebook aimed at helping Non-Banking Finance Companies (NBFCs) design and offer Shariah-compliant financing products, expanding…