Pakistan Records Fiscal Deficit of 2.4% of GDP in 9MFY25; Primary Surplus at 2.8%
Pakistan’s fiscal deficit narrowed to 2.4% of GDP during the first nine months of fiscal year 2025 (9MFY25), compared to
Flight Operations Resume at Major Pakistani Airports After Temporary Suspension Amid India-Pakistan Tensions
Flight operations at key airports in Lahore, Islamabad, and Karachi have begun to resume following an eight-hour suspension triggered by
National Security Council Allows Pakistan Army to Take Action Against India
Pakistan’s National Security Committee (NSC) on Wednesday granted the country’s armed forces full authority to respond to recent Indian military
PSX Crashes by Over 6,500 Points in Early Trading Following Indian Attack
The Pakistan Stock Exchange (PSX) experienced a dramatic downturn on Wednesday morning, with the benchmark KSE-100 index plummeting by nearly
Cheap, Hazardous Diesel Sold at Official Rates Across Fuel Pumps
The Oil Marketing Association of Pakistan (OMAP) has raised alarm over what it terms the “supply of substandard High-Speed Diesel
PTA Cracks Down on CPID and Patched Phones, Warns of Legal Action Against Sellers and Users
The Pakistan Telecommunication Authority (PTA) has issued a public notice cautioning citizens against the use and sale of unregistered mobile
6-Month KIBOR Drops to 11.44% After SBP Rate Cut
The 6-month Karachi Inter-Bank Offered Rate (KIBOR) fell sharply to 11.44 percent on May 6, 2025, following a significant policy
Flight Times and Costs to India Surge as Major Airline Avoid Pakistani Airspace
Several major international airlines, including Air France and Germany’s Lufthansa, have suspended flights through Pakistani airspace en route to India,
Govt Plans to Tax High Pensions in Upcoming Budget at IMF’s Request
The federal government is preparing to introduce a new income tax on higher pensions in the upcoming financial year’s budget,
Salaried Class May Benefit as Govt Plans to Raise Exemption Threshold
The federal government is considering providing income tax relief to lower and middle-income earners in the upcoming budget. According to
