Islamabad: Pakistan has achieved a significant fiscal milestone by successfully retiring 500 billion rupees in debt owed to the State Bank of Pakistan, four years ahead of its scheduled maturity in 2029. According to Radio Pakistan, Advisor to Finan...
Read More »FBR Introduces AI-Based Customs Clearance & Risk Management System
Islamabad: On the directives of Prime Minister Shehbaz Sharif, the Federal Board of Revenue (FBR) has, for the first time in Pakistan's history, introduced an Artificial Intelligence-based Customs Clearance and Risk Management System. According to R...
Read More »Rain-Wind and Thundershowers Forecasted Across Multiple Regions in Country
Islamabad: Rain-wind and thundershowers are anticipated in several regions, including Khyber Pakhtunkhwa, Kashmir, Punjab, North-Eastern/South Balochistan, Islamabad, and South-Eastern Sindh. Meanwhile, other parts of the country are expected to exper...
Read More »PSX Surpasses Psychological Barrier of 133,000 Points
Islamabad: The Pakistan Stock Exchange (PSX) achieved another significant milestone today by surpassing the psychological barrier of 133,000 points in the stock market's hundred index during trading. According to Radio Pakistan, the hundred index, w...
Read More »DPM Reviews Domestic Situation of Essential Commodities in Islamabad
Islamabad: A meeting to review the domestic situation of essential commodities and food items was held in Islamabad on Monday with Deputy Prime Minister Ishaq Dar in the chair. Discussions focused on supply and demand dynamics, pricing trends, and mea...
Read More »Pakistan’s Energy Shake-Up: Government Reduces Tariffs and Tackles Debt
ISLAMABAD: Pakistan's government has announced a reduction in the national base tariff for electricity, setting it at PkR34.0 per kWh for the fiscal year 2026. This adjustment represents a 4% decrease from the previous year's rate of PkR35.5 per kWh. ...
Read More »Microsoft’s Exit from Pakistan: A Cautionary Tale for the Digital Economy
Islamabad: Prominent economic commentator and former President of the Islamabad Chamber of Commerce, Shahid Rasheed Butt, has expressed grave concerns over Microsoft's recent decision to close its direct operations in Pakistan. The move, he argues, se...
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