Pakistan Strengthens Digital Future with Google and Mastercard Talks at Global Summit
Federal Minister for Finance and Revenue Muhammad Aurangzeb held important meetings with global companies during the World Bank–IMF Spring Meetings 2026. He met with Mastercard and Google to discuss digital growth, financial inclusion, and the use of artificial intelligence in Pakistan. In his meeting with Mastercard, both sides talked about improving digital payment systems in […]
Salaried Class Bears Heavy Tax Burden as Real Estate Lags Behind
Pakistan’s salaried class paid Rs. 420 billion in income tax during the first nine months of FY2025–26, which is more than double the Rs. 197 billion collected from the real estate sector. The data was shared by the Federal Board of Revenue. Tax payments from salaried individuals increased by Rs. 29 billion, or 7.5%, compared […]
PSX Crashes Nearly 4% as Iran–US Tensions and Oil Price Surge Shake Global Markets
Pakistan’s stock market fell sharply on Monday as rising global tensions and higher oil prices triggered heavy selling across major sectors. The benchmark KSE-100 Index dropped nearly 4%, closing at 160,591.33, down by 6,600.04 points from the previous session. The market came under pressure after talks between the United States and Iran ended on Sunday […]
Pakistan Puts $36 Billion Power Debt Plan on Hold Amid Funding Challenges
Pakistan has decided to pause its $36 billion plan to refinance circular debt in the power sector after facing difficulties in securing funds from international lenders and Saudi Arabia. According to officials, the proposal was shared with institutions like the World Bank and the Asian Development Bank, but both showed limited capacity to provide financing […]
Tomatoes Hit Rs 200 per Kg in Lahore as Vegetable Prices Soar Across Pakistan
Vegetable prices have shot up sharply in Lahore and other major cities, putting extra pressure on families already struggling with high inflation. In Lahore markets, the price of tomatoes has climbed to Rs 200 per kilogram. This is much higher than the official rates fixed by the authorities. In some other cities of Pakistan, tomato […]
Pakistan’s Pharma Sector Hits Record Profits in 2025 with 78% Growth
Pakistan’s listed pharmaceutical sector recorded its highest-ever profitability in 2025, with net earnings rising 78% year-on-year to Rs. 42.2 billion, according to a report by Topline Securities. The strong performance was driven by higher sales, lower input costs, and reduced finance charges. On a quarterly basis, profits increased by 53% to Rs. 14.2 billion in […]
Russia Lifts Ban on Pakistani Potatoes, Boosting Exports and Farmers
Russia has lifted its ban on importing potatoes from Pakistan, allowing shipments from Punjab to resume after restrictions were imposed in 2025. The decision comes as a positive development for Pakistan’s agriculture sector and export market. The ban was removed after Pakistan provided technical reports confirming that its potato crops are free from pests and […]
Pakistan’s Central Government Debt Rises by Rs. 2 Trillion in Eight Months of FY2026
Pakistan’s central government debt increased by nearly Rs. 2 trillion during the first eight months of FY2026, mainly due to higher domestic borrowing, according to data released by the State Bank of Pakistan. Total debt, including both domestic and external liabilities, reached Rs. 79.882 trillion by the end of February 2026. This marks an increase […]