Cabinet told diesel stocks provide 25 days cover as Ogra dashboard faces reporting shortfall ISLAMABAD: The Cabinet Committee to Monitor Petrol Prices met on Monday under the chairmanship of the Federal Minister for Finance and RevenueMuhammad Aurangzeb to review the petroleum supply situation and market conditions following the recent price adjustment, according to a statement…
KARACHI: The Pakistan Stock Exchange (PSX) experienced a turbulent start to the week on Monday, as the benchmark KSE-100 index came under pressure amid geopolitical tensions and uncertainty in global markets, keeping investors cautious. In the morning, trading kicked off in a tense environment and by 11:34 am, the index lost 2,371 points (1.58%). A…
Pakistan faces rising fuel costs due to imports; govt balances price hikes with targeted subsidies and relief measures KARACHI: Fuel price increases in Pakistan almost always trigger a strong public reaction. That response is understandable, given the direct impact on household budgets. But these recurring adjustments, and the policy responses that follow, are best understood…
The International Monetary Fund (IMF) has imposed a new condition to ensure integrity and transparency in the appointment of the chairman of the National Accountability Bureau (NAB), making it binding to appoint the head by a commission that must have representation of opposition parties. Government sources told The Express Tribune that Pakistan has assured the…
Meat policy finalised as 300,000 traceable livestock available for export, SAPM told ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan held a meeting with Punjab Provincial Minister for Agriculture and Livestock Syed Ashiq Hussain Shah to discuss development of the agriculture and livestock sectors and enhance coordination between…
800,000 women open digital wallets as IT ministry pushes inclusion under four-year KOICA ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT), which chairs the national steering committee for the Digitalisation for Women Economic Empowerment (D4WEE) project, convened a high-level meeting at the UN Women Country Office in Islamabad to review progress on the four-year…
KARACHI: Pakistan’s broad money supply (M2) recorded a strong 21.3% year-on-year (YoY) growth as of March 27, 2026, reflecting a significant expansion in liquidity driven by rising deposits and increased currency circulation in the economy. The latest data shows that total bank deposits grew by 18.7% YoY to Rs30.6 trillion, indicating sustained inflows into the…
Pakistan has stepped up efforts to address the energy security challenge. Photo: file ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb on Monday held a virtual meeting with representatives of the electric fan industry, led by members of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Pakistan Electric Fan Manufacturers Association, to discuss…
White paper frames national control of AI as key to security, governance and economic development BEIJING: The Pakistani Embassy in China joined the launch of a sovereign artificial intelligence (AI) white paper at the Zhongguancun Forum in Beijing on Friday, alongside partners from China, Brazil, Malaysia, Singapore, Vietnam, Thailand and Kazakhstan. The document defines sovereign…
LAHORE: Pakistan International Airlines (PIA) on Monday announced that it had abolished all fare discounts and reduced its international flight operations in response to continuously rising aviation fuel prices amid austerity measures. In a statement issued by the spokesperson, the flights to Beijing and Kuala Lumpur would be suspended from April 11 and April 14,…