Business News
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Budget FY26: NEC nods to record Rs4.2tr uplift outlay for next fiscal
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[ad_1] Prime Minister Muhammad Shehbaz Sharif chairs a meeting of the National Economic Council in Islamabad on Wednesday. —APP ISLAMABAD: The National Economic Council (NEC) on Wednesday gave nod to a Rs4.2 trillion ($15.1 billion) development programme for fiscal year…
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SNGPL to lay dedicated pipelines for industries | The Express Tribune
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[ad_1] LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) Chief Executive Officer Aamir Tufail has said that the gas-related issues faced by industrialists are being resolved on a priority basis. In this regard, pending requests for new industrial gas connections and…
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Govt raises petrol price by Re1 per litre for next fifteen days
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[ad_1] Employees at a fuel station attend to their customers in Islamabad, Pakistan. — AFP/File The federal government announced on Saturday a Re1 per litre increase in petrol prices for the upcoming fortnight as global oil markets continue to ease….
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Coffee sector for duty cuts | The Express Tribune
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[ad_1] Listen to article LAHORE: Stakeholders in Pakistan’s growing coffee sector are urging the government to eliminate the 28% combined Regulatory Duty (RD) and Additional Customs Duty (ACD) on bulk instant coffee imports, arguing the current levy is stifling industry growth and…
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WB warns high tariffs crippling Pakistan’s exports, competitiveness
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[ad_1] The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, US, April 13, 2023. — Reuters The World Bank has raised concerns that Pakistan’s continued tariff-heavy…
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Govt moves to turn idle power into digital gold | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: In a ground-breaking move to transform Pakistan into a global leader in digital innovation, the government allocated 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power Bitcoin mining and artificial intelligence…
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No agreement yet on FY26 budget as IMF wraps up Pakistan visit
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[ad_1] A woman walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, US, May 10, 2018. — Reuters The International Monetary Fund (IMF) announced that discussions on Pakistan’s fiscal year 2026 (FY26) budget will continue in…
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Further hike in defence budget likely to deal with India threat | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Pakistan may further increase the proposed defence budget for the next fiscal year to deal with the Indian aggression and spend more on indigenous research and development, in a move that may also require the provincial governments…
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NBP unveils tech upgrade for better service, data security
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[ad_1] This undated image shows the facade of a National Bank of Pakistan branch. — NBP/Facebook National Bank of Pakistan (NBP) has revamped its core banking system to deliver faster, smarter, and more secure digital services, with enhanced security and…
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Govt set to unveil new industrial policy | The Express Tribune
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[ad_1] FAISALABAD: Following the success of the “Banyan Al-Marsous” operation, a new industrial policy aimed at placing Pakistan among the world’s top 20 economies will be announced very soon. It was stated by Haroon Akhtar Khan, Special Assistant to the…
