Oil Prices Surge to Four-Month Highs Amid Geopolitical Tensions

Crude oil prices soared to a four-month high of $86 per barrel due to OPEC+ production cuts, amid growing global demand.

State Bank of Pakistan Maintains Key Policy Rate Amid Economic Uncertainty

SBP maintains its key policy rate at 22 percent for the sixth consecutive meeting, citing ongoing inflationary pressures.

IMF begins selection process for next managing director

Successful candidate will have distinguished record in economic policymaking, says institution

Modernizing Taxation: Finance Minister Aims for Fiscal Reform

Pakistan's Finance Minister aims to modernize taxation, focusing on broadening the tax base, digitization, and negotiating with the IMF.

Pakistan’s Land Route Fruit Export Breakthrough to Russia

Pakistan achieves a milestone in regional trade by transporting fruit to Russia via land route, marking a significant feat.

India Secures $100 Billion Investment in Landmark Trade Agreement with European Nations

India secures a landmark trade agreement with the European Free Trade Association (EFTA).

Bitcoin Hits Record High at $71,500 Amid Growing Investor Interest

Bitcoin surges to a new all-time high of $71,500 fueled by investor interest following the US SEC's approval of spot Bitcoin ETFs.

Government Imposes 25% Sales Tax on Cars Over Rs4 Million

FBR imposes a 25% sales tax on domestically manufactured cars exceeding Rs4 million, impacting the auto industry and consumer affordability.

IMF Ready to Support Pakistan’s Economic Program

IMF stands ready to engage with Pakistan's new government in formulating a new economic program.

Moody’s Upgrades Pakistan’s Banking Sector Outlook

Moody's upgrades Pakistan's banking sector outlook to 'stable', citing improved macroeconomic conditions and fiscal pressures.

Daraz Group Implements Layoffs Amidst Restructuring Efforts”

Daraz Group, owned by Alibaba, implements layoffs across its operations in response to market challenges and aims to enhance sustainability.

OGDCL’s Strong H1 Fiscal Results and Dividend Declaration

OGDCL announces robust financial performance for H1 fiscal year 2023-24, with significant profit, revenue, and dividend declaration.