Pakistan’s trade deficit widened significantly during the first quarter of fiscal year 2026-27, with the gap between imports and exports increasing by 15 percent compared with the same period last year. According to data compiled by Topline Securities, the trade deficit reached $10.8 billion during 1QFY27, compared with $9.37 billion recorded in the corresponding quarter…
Pakistan’s total public debt increased by 7.7 percent year-on-year, reaching Rs. 86.72 trillion by the end of June 2026, according to the Annual Debt Review Report for fiscal year 2025–26 released by the Ministry of Finance. The latest figures highlight a continued increase in the country’s overall debt stock despite an improvement in the public…
Gold prices in Pakistan recorded a sharp decline on Monday, with the price of 24-karat gold falling below the Rs. 4.4 lakh mark per tola following a decrease in international gold rates. According to the latest rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold dropped by Rs. 12,800…
Global crude oil prices can fall sharply in a short period, but Pakistani consumers may have to wait before those international price declines are reflected at local petrol stations. Brent crude recently dropped below $100 per barrel, raising expectations of lower fuel prices. However, changes in the international oil market do not immediately translate into…
Gold prices in Pakistan continued their downward movement on Monday, extending a decline that has wiped around Rs. 6,000 from the price of a tola over two days. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold decreased by Rs. 2,400 during the latest trading session. Following the…
More than 104,000 women entrepreneurs in Pakistan have received Rs. 29 billion in financing under the Prime Minister’s Youth Business and Agriculture Loan Scheme, highlighting growing efforts to improve women’s access to formal financial services and business funding. According to a written reply submitted by Finance Minister Senator Muhammad Aurangzeb to the National Assembly, a…
Nishat Mills Limited (PSX: NML) has approved a proposed move to exit the dairy business by selling its entire 49.10 percent stake in Nishat Sutas Dairy Limited to its Turkish joint venture partner, Sutas Sut Urunleri A.S. The decision comes as pressure across Pakistan’s dairy industry continues to affect business conditions and weigh on the…
Gold prices in Pakistan continued their strong upward momentum on Thursday, with the precious metal recording another significant increase following a sharp rise in international bullion markets. The latest jump pushed domestic gold rates to new highs, reflecting growing global demand for safe-haven assets and increased volatility in international financial markets. According to the All-Pakistan…
The Federal Board of Revenue (FBR) has officially announced that the filing of Income Tax Returns for Tax Year 2026 will commence on Monday, July 27, 2026, urging taxpayers across Pakistan to submit their returns accurately and within the prescribed timeline. In its latest statement, the tax authority emphasized the importance of honest and transparent…
Gold prices declined in Pakistan on Monday, pushing the rate below the Rs. 430,000 mark per tola as international bullion markets also opened the week on a weaker note. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of one tola of gold dropped by Rs. 3,800, bringing the new rate to…