HomeBusiness News
spot_img

Business News

Short-term inflation climbs to 11.97pc as weekly prices stay in double digits

Pakistan’s short-term inflation rose to 11.97 per cent year-on-year in the latest weekly reading, data from the Pakistan Bureau of Statistics showed on Friday,...

Vitol warns oil could hit $200 a barrel as Hormuz tanker crisis deepens

The chief executive of Vitol, the world’s largest independent oil trader, has warned that crude could surge to $200 a barrel if the fragile...

Petroleum levy is non-tax revenue, government tells NA committee

The federal government has told parliament that the petroleum levy in Pakistan is treated as non-tax revenue, separate from customs duty and other taxes,...

Hyderabad Chakki Owners Reject Rs12,500 Wheat Issue Price, Warn Flour Will Cost More

The Hyderabad Atta Chakki Owners Social Welfare Association has rejected the Sindh government’s decision to raise the wheat issue price Sindh’s Food Department charges...

Sindh to Hold Investment Conference in Shanghai on October 15

The Sindh investment conference Shanghai plan, unveiled on Thursday by Senior Minister Sharjeel Inam Memon, will court Chinese investors for both business-to-business and government-to-government...

SHC Suspends Nepra Orders in K-Electric Tariff Review Case

The Sindh High Court has put the brakes on the regulatory process around K-Electric's long-term tariff. On Thursday, the court suspended, on an interim...

Ahsan Iqbal Orders Tighter Price Monitoring as Inflation Data Shows Mixed Picture

Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has ordered provincial and district administrations to tighten their grip on prices, making Ahsan...

Karachi–Europe Direct Shipping Restored as MSC Brings Back Weekly Service

Direct shipping between Karachi and Europe is back on schedule. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced on Thursday that restored...

PIA weighs Airbus and Rolls-Royce lease options in fleet renewal push

Options for leasing aircraft from Airbus and engines from Rolls-Royce came up in a meeting on PIA fleet modernisation between Federal Aviation Minister Jam...

Poultry Sector Needs Export Strategy, Says Industries Adviser at IPEX 2026

Pakistan's poultry industry needs a formal poultry export strategy to move beyond the domestic market, Adviser to the Prime Minister for Industries and Production...

SBP Reserves Edge Up to $26.8 Billion, Rupee Holds at 277.01

SBP reserves inched higher last week, with the State Bank’s holdings rising $15 million to $21.454 billion in the week ended October 2, 2026....

ECC Releases Only Rs2 Billion of Rs18.5 Billion Sought for Local Polls

The ECC approves Rs18.5 billion for local government elections but has released only Rs2 billion for immediate use, despite the Election Commission of Pakistan...

13 Women-Led Startups Secure Growth with Mobilink Bank’s WIN Incubator 2025

Working through the Women Inspirational Network (WIN) Incubator Program established by Mobilink Bank, thirteen female entrepreneurs obtained their graduation certificates by developing essential business...

Zindigi Launches QR Sound Box to Revolutionize Merchant Payments in Pakistan

JS Bank’s digital side, Zindigi, has just rolled out a game-changing innovation, the QR Sound Box, which could transform how small businesses accept payments across...