Dawn
KARACHI: Exchange companies revealed on Saturday that they sold as much as $6 billion to banks during the just-concluded FY26. Pakistan received a record $41.6bn in remittances in 2025-26, strengthening the economy by becoming a major source of foreign exchange. "The inflows through the exchange c...
Posted on 12 July 2026 | 4:41 am
Dawn
Tobacco bundles are ready for sale at a company's selling points. —Photo by the writer SWABI: Officials at tobacco companies have questioned the impact of multiple levies on the sector and raised concerns about the utilisation of funds meant for development in tobacco-growing districts. The...
Posted on 12 July 2026 | 4:38 am
Dawn
GILGIT: Gilgit-Baltistan Governor Syed Mehdi Shah has convened a session of the Gilgit-Baltistan Assembly on Monday at 4pm at the Assembly Building in Jutial, where GB Chief Minister Amjad Hussain Advocate is expected to present the first quarter budget for the fiscal year 2026-27. The budget presen...
Posted on 12 July 2026 | 4:12 am
Dawn
• Toyota, Honda raise rates by over Rs1.3m; others suspend invoicing, deliveries• Auto Policy 2026-31 yet to be notified despite expiry of previous regime KARACHI: With the government yet to announce the Auto Policy 2026-31 following the expiry of the 2021-26 policy on June 30 this year, local a...
Posted on 12 July 2026 | 2:26 am
Dawn
ISLAMABAD: The federal government on Saturday ruled out any wheat shortage in the country, saying seasonal production targets had been achieved and output was estimated to be 1.36 million metric tonnes higher than last year's harvest. The announcement was made during the ninth meeting of the Whea...
Posted on 12 July 2026 | 1:55 am
Dawn
Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib on Saturday said he held a "constructive discussion" with religious scholar Mufti Taqi Usmani on the Shariah status of digital assets. Their meeting comes after it surfaced that Mufti Usmani and six others had declared...
Posted on 11 July 2026 | 3:15 pm
Dawn
Pakistan and the United States made "significant progress" in a fresh round of negotiations on a proposed reciprocal trade agreement, Foreign Office (FO) spokesperson Tahir Andrabi quoted the commerce secretary as saying on Saturday. The two-day talks, held on Thursday and Friday in Washington D...
Posted on 11 July 2026 | 8:00 am
Dawn
Government officials inspect a flour mill in Gulberg Town to monitor wheat stock and detect any hoarding activity. —PPI • Retail price of flour No 2.5 set at Rs125 per kg, fine flour to sell for Rs135 per kg • Sindh govt's warnings against wheat hoarding fail to bring down prices �...
Posted on 11 July 2026 | 3:59 am
Dawn
WASHINGTON: Four US senators said on Friday they had reached agreement with President Donald Trump to advance bipartisan legislation targeting countries buying Russian energy — potentially clearing the way for stronger pressure on Moscow over its war in Ukraine. Republicans Lindsey Graham and Roge...
Posted on 11 July 2026 | 3:18 am
Dawn
https://www.dawn.com/news/2014508/neelum-jhelum-set-to-resume-generation-by-march-2028
Posted on 11 July 2026 | 2:48 am
Dawn
• Reviews roadmap to expand affordable credit for key economic sectors• Premier to chair monthly review meetings to monitor implementation• Reaffirms support for UN in meetings with secretary general-candidates ISLAMABAD: Prime Minister Shehbaz Sharif on Friday presided over a high-level meeti...
Posted on 11 July 2026 | 2:27 am
Dawn
KARACHI: The Pakistan Stock Exchange (PSX) on Friday resisted further decline as value-hunting helped the market reverse a three-session losing streak amid growing geopolitical concerns in the Middle East and the fallout on the global economy from an oil supply disruption fuelling inflationary pre...
Posted on 11 July 2026 | 2:20 am
Dawn
The government on Friday raised the price of petrol by Rs13.18 per litre and that of high-speed diesel (HSD) by Rs13.80. Following the increase, the price of petrol stands at Rs310.71 per litre and that of HSD at Rs323.30. The Petroleum Division's press release notifying the increase said the new ...
Posted on 11 July 2026 | 1:48 am
Dawn
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), increased by 11.94 per cent year-on-year for the week ending July 9, mainly due to higher retail prices of perishable food items and wheat flour, according to official data released on Friday. A slight slowdown in short-t...
Posted on 11 July 2026 | 1:05 am
Dawn
ISLAMABAD: The Privatisation Commission Board on Friday approved the signing of a transaction advisory services agreement (TASA) with the Asian Development Bank (ADB) for the outsourcing of operations of Islamabad International Airport. In February, the board formed a negotiation committee to engage...
Posted on 10 July 2026 | 2:28 pm
Dawn
The World Bank's (WB) Board of Executive Directors has approved $375.9 million in financing for Pakistan's Grid Stability Enhancement Project to strengthen the country's national power transmission network. According to a press release issued by the WB, the project is being implemented under t...
Posted on 10 July 2026 | 6:54 am
Dawn
• Tarar briefs European delegation on legal, institutional reforms• Says govt committed to safeguarding human rights while ensuring strict implementation of counterterrorism steps ISLAMABAD: Federal Minister for Law and Human Rights Azam Nazeer Tarar on Thursday reaffirmed Pakistan's commitmen...
Posted on 10 July 2026 | 2:23 am
Dawn
ISLAMABAD: Pakistan's tariff rationalisation drive has reshaped the country's import composition with nearly two-fifths of the total import bill entering duty-free during the outgoing fiscal year (FY26), official data showed on Thursday. The figures suggest a marked shift in the composition of i...
Posted on 10 July 2026 | 2:20 am
Dawn
KARACHI: Stocks declined for the third straight day on Thursday, with the KSE-100 index experiencing significant volatility amid ongoing tensions in the Middle East, which heightened economic uncertainty. Nevertheless, late buying trimmed earlier losses, allowing the index to close above the 180...
Posted on 10 July 2026 | 2:11 am
Dawn
ISLAMABAD: The Cabinet Committee on state-owned enterprises on Thursday rejected a request from two circular debt-hit state-owned gas utilities — Sui Southern and Sui Northern — for exemption from international accounting and financial reporting standards to avoid being declared insolvent. Howev...
Posted on 9 July 2026 | 3:42 pm
Dawn
Pakistan received a record $41.6 billion in workers' remittances in the last fiscal year (FY26), up by around 8.6 per cent compared to FY25, according to data released by the State Bank of Pakistan (SBP) on Thursday. Adviser to the Finance Minister K...
Posted on 9 July 2026 | 2:06 pm
Dawn
ISLAMABAD: The Asian Development Bank (ADB) on Thursday cut its forecast for Pakistan's economic growth to 3.7 per cent, citing higher energy costs and anticipated pressure on foreign remittances from Pakistanis abroad. In its Asian Development Outlook (ADO) July 2026, the Manila-based lender, how...
Posted on 9 July 2026 | 1:12 pm
Dawn
Deputy Prime Minister and Foreign Minister Ishaq Dar said on Thursday that Pakistan and Croatia could utilise their geographic locations to unlock the "enormous potential" of their growth. His remarks came after he met with Croatia's Minister of Foreign and European Affairs Gordan Grlić Radma...
Posted on 9 July 2026 | 10:08 am
Dawn
• PM notes 100MW project will help reduce loadshedding• GB govt says continuous flooding since June has damaged hydel infrastructure in region ISLAMABAD/ GILGIT: The federal government will install rooftop solar systems with battery storage on 499 government buildings in Gilgit-Baltistan by Dece...
Posted on 9 July 2026 | 3:07 am
Dawn
https://www.dawn.com/news/2013989
Posted on 9 July 2026 | 3:02 am
Dawn
KARACHI: Geopolitical tensions, persistent inflationary pressures, rapid technological changes, climate-related risks and rising debt burdens were redefining the landscape in which financial institutions operate, State Bank Governor Jameel Ahmad said on Wednesday. Addressing the Pakistan Banking Sum...
Posted on 9 July 2026 | 2:58 am
Dawn
https://www.dawn.com/news/2013991
Posted on 9 July 2026 | 2:48 am
Dawn
ISLAMABAD: While keeping Pakistan's growth forecast unchanged at 3.5 per cent for 2026-27, the International Monetary Fund (IMF) on Wednesday said that the renewed Middle East conflict could negatively affect the global economy. "Global growth is projected to be 3.0pc in 2026 and 3.4pc in 2027, ...
Posted on 9 July 2026 | 2:27 am
Dawn
• NA panel seeks cheaper financing for Lyari freight corridor• Voices concern over K-IV delays, funding shortfall ISLAMABAD: The Economic Affairs Division (EAD) on Wednesday warned a parliamentary panel that any renewed US-Iran escalation could adversely affect Pakistan's economy through highe...
Posted on 9 July 2026 | 2:15 am
Dawn
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday notified around 34 paise per unit higher fuel costs for May, putting an additional burden of about Rs4.2 billion on consumers in the July billing. The net average fuel costs in July would, however, be around 4 paise pe...
Posted on 9 July 2026 | 2:08 am