Dawn
ISLAMABAD: As part of governance reforms required under the International Monetary Fund (IMF) programme, the government has tightened rules governing the appointment, induction and performance evaluation of boards of directors of state-owned enterprises (SOEs), whose combined liabilities exceed Rs9 ...
Posted on 21 August 2026 | 2:48 am
Dawn
WASHINGTON: The US gross national debt has surged past $40 trillion for the first time, government data showed on Wednesday, outstripping earlier forecasts at a pace fuelled in part by President Donald Trump's invalidated tariffs. The uptick in borrowing is a blow to Trump, who promised to cut pub...
Posted on 21 August 2026 | 2:46 am
Dawn
ISLAMABAD: In a first, the International Finance Corporation (IFC), the World Bank's commercial arm, and Bank Alfalah on Thursday signed a $100 million financing under the Diversified Payment Rights (DPR) Programme. The financing agreement was signed at the Ministry of Finance by Momina Aijazuddi...
Posted on 21 August 2026 | 2:37 am
Dawn
Prime Minister Shehbaz Sharif discusses trade with a Syrian delegation.—APP ISLAMABAD: Syrian Foreign Minister Asaad Hassan al-Shaibani on Thursday proposed establishing a Pakistan-Syria Joint Business Council to facilitate direct interaction between the business communities of the two countr...
Posted on 21 August 2026 | 2:28 am
Dawn
KARACHI: Volatility persisted in the stock market on Thursday as the Pakistan Stock Exchange (PSX) extended its southward move for the third straight session. Political uncertainty and mounting tensions in the Middle East triggered late nervous selling, forcing the benchmark KSE-100 index to close i...
Posted on 21 August 2026 | 2:07 am
Dawn
KARACHI: After introducing amendments to the prudential regulations, the State Bank of Pakistan (SBP) has extended the maximum tenor for housing finance up to 30 years from 20 years. "The maximum tenor for housing finance shall be 30 years," said the amended regulations by the State Bank. The ...
Posted on 21 August 2026 | 2:07 am
Dawn
The government on Thursday raised the price of petrol by Rs0.27 per litre and that of high-speed diesel (HSD) by Rs1.64. Following the revision, petrol will retail at Rs337.78 per litre while HSD will cost Rs364.70 per litre. The government continues to levy Rs114 per litre in taxes and duties on pe...
Posted on 20 August 2026 | 6:07 pm
Dawn
https://www.dawn.com/news/2024014
Posted on 20 August 2026 | 2:59 am
Dawn
The government on Wednesday cut the price of high-speed diesel (HSD) by Rs32.63 per litre following "successful" talks with oil refineries, and raised that of petrol by Rs2.97 per litre. Following the revision, petrol will retail at Rs337.51 per litre while HSD will cost Rs363.06 per litre. The ...
Posted on 20 August 2026 | 2:37 am
Dawn
KARACHI: The government raised Rs518 billion through auction and non-competitive bids for treasury bills on Wednesday, with the highest cut-off yield reaching approximately 12 per cent. The State Bank of Pakistan (SBP) reported that investors, mainly commercial banks, submitted bids totalling Rs2.19...
Posted on 20 August 2026 | 2:34 am
Dawn
https://www.dawn.com/news/2024052
Posted on 20 August 2026 | 2:31 am
Dawn
ISLAMABAD: Taking a cautious approach given domestic sensitivities, the Economic Coordination Committee (ECC) of the Cabinet on Wednesday stopped short of formally allowing sugar export and instead decided to call international export tenders for 108,000 tonnes. "A formal decision for sugar export...
Posted on 20 August 2026 | 2:27 am
Dawn
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday continued its downward trend despite a bullish opening, as growing concerns on the economic and political fronts kept investors jittery, triggering late selling and forcing the benchmark KSE-100 index to close on a negative note for the secon...
Posted on 20 August 2026 | 2:04 am
Dawn
KARACHI: The Karachi Port Trust (KPT) has awarded a contract to National Dredging and Marine Services (NDMS) to commence dredging operations at Karachi Port to increase the depth of the Approach Channel, Tippu Sultan Channel and South Wharf. This will enable the arrival and berthing of deep-draft v...
Posted on 20 August 2026 | 2:04 am
Dawn
The government on Wednesday announced a "significant decrease" in the price of diesel after holding talks with petroleum refineries. Petroleum Minister Ali Pervez Malik, speaking to the media, said diesel prices would be reduced by more than "Rs30 to Rs32" following the discussions with refi...
Posted on 19 August 2026 | 6:25 pm
Dawn
US President Donald Trump paused the planned rollout of punishing new tariffs on Canadian goods late Tuesday, as both sides indicated they were close to a broader trade agreement after weeks of talks. Trump announced the three-day reprieve from 50-per cent duties on select goods mere hours before a...
Posted on 19 August 2026 | 4:38 am
Dawn
The government on Tuesday raised the price of petrol by Rs3.34 per litre and that of high-speed diesel (HSD) by Rs5.27. Following the revision, petrol will retail at Rs334.54 per litre while HSD will cost Rs395.69 per litre. The government continues to levy Rs114 per litre in taxes and duties on pet...
Posted on 19 August 2026 | 3:12 am
Dawn
ISLAMABAD: The cost of regasified liquefied natural gas (RLNG)-based power generation surged by record 242 per cent to Rs47.4 per unit in July, from less than Rs14 in April, after the government purchased five expensive cargoes from the spot market in the month due to the suspension of supplies from...
Posted on 19 August 2026 | 3:11 am
Dawn
• Orders monthly reviews to monitor implementation of National Youth Employment Policy• Directs Ministry of Religious Affairs to make comprehensive arrangements for pilgrims for Haj 2027 ISLAMABAD: Prime Minister Shehbaz on Tuesday approved a series of amendments to the National Electricity ...
Posted on 19 August 2026 | 2:50 am
Dawn
WASHINGTON: Fresh US tariffs are due to take effect on a range of Canadian goods after midnight Tuesday, as Ottawa seeks a deal to avert President Donald Trump's planned 50 per cent duties. Trump signed orders for the new wave of tariffs last month, with the White House alleging "discriminatory ...
Posted on 19 August 2026 | 2:48 am
Dawn
KARACHI: The resurgence in oil prices stemming from the stalemate on the Middle East conflict and an uncertain political situation left investors jittery, as the economic outlook remained clouded. As a result, the Pakistan Stock Exchange (PSX) on Tuesday witnessed aggressive selling pressure, forcin...
Posted on 19 August 2026 | 2:40 am
Dawn
KARACHI: Robust demand continued to push auto loans, which swelled for the 20th consecutive month to Rs386.3 billion in July from Rs382bn in June, according to data released by the State Bank of Pakistan (SBP). Mashood Ali Khan, an auto sector expert, told Dawn that rising auto financing signals imp...
Posted on 19 August 2026 | 2:38 am
Dawn
KARACHI: Pakistan recorded a current account deficit (CAD) of $328 million in the first month of FY27, reflecting year-on-year and month-on-month improvements. The country recorded a CAD of $814m in June, the last month of FY26 and $529m in July 2025. However, data issued by the State Bank of Paki...
Posted on 19 August 2026 | 2:30 am
Dawn
LAHORE: Despite adverse weather and a nationwide strike by goods and oil transporters that threatened to cripple supply chains, the country has recorded an unexpected 25 per cent surge in total phutti (seed-cotton) arrivals so far this season. According to the latest fortnightly report released by ...
Posted on 18 August 2026 | 11:40 pm
Dawn
Oil prices rose on Tuesday as a deal to end the Middle East war seemed further out of sight, with Iran saying it will adopt a more offensive stance and the US ruling out extending a ceasefire agreement, heightening worries about energy supply. Iran will shift to a "fully offensive" military post...
Posted on 18 August 2026 | 6:58 am
Dawn
https://www.dawn.com/news/2023577
Posted on 18 August 2026 | 2:44 am
Dawn
HOUSTON: Oil prices rose by more than $2 on Monday on global supply worries stoked by investor pessimism about diplomatic efforts to resolve the Iran war, with US President Donald Trump demanding Iran's surrender and threatening to bomb Oman. Brent crude futures were up $2.50, or 2.82 per cent, at...
Posted on 18 August 2026 | 2:34 am
Dawn
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed the digitalisation of the entire government record to facilitate citizens in accessing government services. Presiding over a meeting on reforms in the National Information Technology Board (NITB), progress on the Islamabad Technology Park...
Posted on 18 August 2026 | 2:27 am
Dawn
KARACHI: The Pakistan Stock Exchange (PSX) rallied on Monday amid renewed buying interest at attractive levels, despite no progress on a US-Iran deal over the Strait of Hormuz, amid fresh harsh comments from Donald Trump. However, the index managed to close in the green despite some mid-session sell...
Posted on 18 August 2026 | 1:59 am
Dawn
ISLAMABAD: The Ministry of Industries has directed the Pakistan Standards and Quality Control Authority (PSQCA) to begin developing standards for lithium-ion vehicle batteries. The ministry was already working with stakeholders to finalise Pakistan's Next Generation Energy Storage Policy (2026-2...
Posted on 18 August 2026 | 1:59 am