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Pakistan Edition (Change)

LPG availability, fair pricing among govt priorities, says petroleum minister

Dawn

Petroleum Minister Ali Pervaiz Malik said on Saturday that addressing public concerns over the availability and unfair pricing of liquefied petroleum gas (LPG) was a government priority. Earlier this week, the government unveiled a new LPG policy, aimed at creating competition and supplies through p...

Posted on 7 November 2026 | 9:19 am

Pakistan seeks Organisation of Islamic Cooperation economic solidarity

Dawn

ISTANBUL: Commerce Minister Jam Kamal called for stronger economic solidarity, better access to trade financing and coordinated efforts to boost intra-OIC trade at the closing session of the 42nd COMCEC Ministerial Session. Speaking on behalf of the member states of the Organisation of Islamic Coop...

Posted on 7 November 2026 | 2:35 am

Nepra raises industrial tariff to Rs25.30 per unit, despite dissent

Dawn

• Two members oppose revision, saying actual marginal cost stands at Rs31.83/unit• Power regulator warns of package suspension and legal action over missed deadlines• Consumers to pay an additional Rs2.37/unit in Nov bills to recover Rs25bn under fuel cost adjustment ISLAMABAD: The National El...

Posted on 7 November 2026 | 2:18 am

Bank Alfalah quits Kabul after 20 years

Dawn

KARACHI: After two decades, Bank Alfalah has fully exited Afghanistan by selling its assets, the bank told its shareholders on Friday. A notice to the Pakistan Stock Exchange said the transaction was completed on Nov 5, following the signing of definitive transaction documents, approval from the St...

Posted on 7 November 2026 | 12:04 am

Exports post sluggish growth in July-October

Dawn

ISLAMABAD: Pakistan's merchandise exports recorded single-digit growth in the first four months of the current fiscal year (FY27), while the trade deficit widened on the back of rising imports, the Pakistan Bureau of Statistics (PBS) reported on Friday. In absolute terms, export proceeds stood at...

Posted on 7 November 2026 | 12:04 am

Petrol price down by Rs6.59 per litre, high-speed diesel by Rs4.25 in fifth straight reduction

Dawn

Official ex-depot prices (PKR/litre) — OGRA & Ministry of Energy notifications

Posted on 6 November 2026 | 7:09 pm

Turkish vessel to arrive in Karachi between Nov 17-20 to begin offshore oil, gas exploration

Dawn

ISLAMABAD: A Turkish seismic vessel will arrive in Karachi between November 17 and 20 to begin offshore oil and gas exploration, the Petroleum Division said on Friday. The announcement followed a meeting between Petroleum Minister Ali Pervaiz Malik and relevant agencies to review preparations and ar...

Posted on 6 November 2026 | 3:06 pm

Short-term inflation surges to 12.31pc due to costly food, LPG

Dawn

ISLAMABAD: Short-term inflation rose to 12.31 per cent year-on-year in the week ending Nov 5, driven largely by liquefied petroleum gas (LPG) and perishable food products, according to official data released by the Pakistan Bureau of Statistics (PBS) on Friday. The index, comprising 51 items whose p...

Posted on 6 November 2026 | 12:55 pm

PM seeks roadmap for '100pc' digital payments system, stresses countrywide internet access

Dawn

Prime Minister Shehbaz Sharif on Friday directed authorities to prepare a "clear roadmap and time-bound targets" for establishing a 100 per cent digital payments system in the country. The directives came during a high-level meeting he chaired in Islamabad regarding the promotion of a cashless e...

Posted on 6 November 2026 | 12:41 pm

Global tech stocks suffer bloodbath as US midterms fuel AI fears

Dawn

Technology shares plunged on Friday after an unnerving rout on Wall Street as fears grew that Democrats would accelerate a backlash against AI after their crushing defeat of President Donald Trump's Republicans in the US midterms. The Tokyo and Seoul stock markets closed out their weeks with losse...

Posted on 6 November 2026 | 12:17 pm

Official rates of beef and mutton increased by Rs50-100 per kg in Karachi

Dawn

KARACHI: The city administration has increased the prices of beef and mutton by Rs50-100 per kg. According to new rates notified by the Karachi commissioner, the new official rates of beef, with and without bones, are fixed at Rs1,050 and Rs1,350, respectively, up by Rs50 per kg compared to the rat...

Posted on 6 November 2026 | 5:26 am

Peshawar High Court declares levy of excise duty on hand-stemmed tobacco illegal

Dawn

PESHAWAR: Peshawar High Court has declared that Federal Excise Duty (FED) couldn't be imposed on green leaf and hand-stemmed tobacco unless it has been processed and converted by a green leaf threshing (GLT) unit. A bench consisting of Justice Syed Arshad Ali and Justice Mohammad Faheem Wali disp...

Posted on 6 November 2026 | 5:19 am

Pakistan's foreign exchange reserves climb to record high of more than $26bn amid Gulf war

Dawn

https://www.dawn.com/news/2042455

Posted on 6 November 2026 | 3:57 am

Sales tax invoices mandatory on advance payments

Dawn

ISLAMABAD: The Federal Board of Revenue (FBR) has made sales tax invoices mandatory for registered taxpayers on advance payments received against future supplies. The new procedures notified through SRO2063 of 2026 also require taxpayers to declare output tax in the return for the tax period in whi...

Posted on 6 November 2026 | 3:51 am

Pakistan's first Marble City being set up in Karachi: Sharjeel

Dawn

https://www.dawn.com/news/2042456

Posted on 6 November 2026 | 3:39 am

Chances that we will witness a significant turnaround in Pakistan's economic fortunes are remote

Dawn

https://www.dawn.com/news/2042539/a-bleak-economic-future

Posted on 6 November 2026 | 3:05 am

Pakistan's external debt nearly doubles in a decade to $135bn: World Bank

Dawn

https://www.dawn.com/news/2042485

Posted on 6 November 2026 | 2:23 am

Pakistan aims to develop one million AI professionals by 2030: Ahsan Iqbal

Dawn

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Thursday said Pakistan aimed to develop one million artificial intelligence (AI) professionals by 2030, as part of its broader strategy to strengthen the country's digital economy and expand technological ...

Posted on 6 November 2026 | 1:59 am

Govt 'wastes' Rs3.5tr yearly on energy imports

Dawn

ISLAMABAD: Pakistan is wasting Rs3.5 trillion annually — more than three times the federal development budget — on unnecessary, rising energy-sector imports due to mismanagement, delays in adopting building codes, and failure to implement an indigenisation plan for energy materials and equipment...

Posted on 6 November 2026 | 1:59 am

Petrol price slashed by Rs9.41 per litre, high-speed diesel by Rs5.56

Dawn

Official ex-depot prices (PKR/litre) — OGRA & Ministry of Energy notifications

Posted on 5 November 2026 | 5:53 pm

Stocks slide on Wall Street as investors worry about data centre backlash following US midterms

Dawn

Tech stocks tumbled on Wall Street on Thursday on concerns over the future of AI data centre projects following the US midterm elections, wiping out gains from a post-election rally the day before. A recovery in oil prices also dampened sentiment in equities trading. The tech-heavy Nasdaq Composite ...

Posted on 5 November 2026 | 5:29 pm

Bank of England lifts rate for first time since 2023 to fight inflation

Dawn

The Bank of England (BoE) raised its benchmark interest rate to four per cent on Thursday, the first increase in more than three years, as soaring energy costs push up global inflation. The central bank tightened borrowing costs by a quarter point, catching up with the US Federal Reserve and the Eur...

Posted on 5 November 2026 | 1:06 pm

PM directs cancellation of petrol pump licences over failure to facilitate fuel subsidy beneficiaries

Dawn

Prime Minister Shehbaz Sharif on Thursday directed the authorities concerned to cancel the licences of petrol pumps that fail to facilitate registered beneficiaries under the Prime Minister's Fuel Relief Programme. Chairing a meeting to review progress on the programme, the prime minister expresse...

Posted on 5 November 2026 | 11:27 am

ECC approves Rs275bn for water projects, Rs84bn for armed forces

Dawn

https://www.dawn.com/news/2042201

Posted on 5 November 2026 | 7:17 am

Punjab sets wheat cultivation target of 16.5 million acres for the upcoming season

Dawn

https://www.dawn.com/news/2042196

Posted on 5 November 2026 | 4:07 am

Pakistan's exports to Europe fall in first quarter of FY27 despite GSP+

Dawn

https://www.dawn.com/news/2042198

Posted on 5 November 2026 | 4:03 am

FBR Chairman Langrial hints at scrapping super tax

Dawn

KARACHI: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial said the government intends to abolish the super tax. "The super tax rate has already been reduced by two percentage points, and work has now begun on its gradual elimination," he said while addressing the members of the ...

Posted on 5 November 2026 | 3:58 am

PM unveils transparent mechanism for allocating LPG quotas

Dawn

https://www.dawn.com/news/2042211

Posted on 5 November 2026 | 2:38 am

Pakistan secures $3bn rollover from Saudi Arabia as prospects of $10bn US facility wane

Dawn

https://www.dawn.com/news/2042213

Posted on 5 November 2026 | 2:10 am

FIA can probe 'wilful default' after court order

Dawn

LAHORE: The Lahore High Court (LHC) has ruled that the Federal Investigation Agency (FIA) cannot prosecute a bank customer for 'wilful default' until a banking court first determines the allegation in civil proceedings. A division bench comprising Justice Jawad Hassan and Justice Abid Hussain C...

Posted on 5 November 2026 | 2:01 am

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