The State Bank of Pakistan (SBP) has unveiled its advance calendar for Monetary Policy Committee (MPC) meetings for fiscal year 2026-27, with the first monetary policy decision scheduled to be announced on July 27, 2026. Alongside the meeting schedule, the central bank has introduced several initiatives designed to strengthen transparency, improve communication, and provide greater […]
Solar Panel Prices Drop in Lahore Following Fuel Price Reduction
Consumers looking to invest in renewable energy may find solar systems more affordable as solar panel prices have started to decline in Lahore following the recent reduction in petroleum prices. According to market sources, the prices of various solar panel categories have decreased by Rs. 4,000 to Rs. 9,000, providing some relief to households and […]
SECP to Introduce Fintech and Modern Market Skills Courses for Pakistan’s Youth
The Securities and Exchange Commission of Pakistan (SECP) is set to launch a series of new educational programs focused on financial technology and modern market skills as part of a broader effort to strengthen Pakistan’s financial sector workforce. SECP Chairman Dr. Kabir Ahmed Sidhu announced the initiative while outlining plans to modernize financial sector training […]
Government Abolishes FED on Business Class International Air Tickets
In a significant move for international travelers and the aviation industry, the federal government has decided to remove the Federal Excise Duty (FED) on business class international airline tickets. The decision is expected to lower travel expenses for passengers while providing support to Pakistan’s aviation sector. Officials stated that the withdrawal of FED is part […]
CCP Recovers Rs. 3 Crore Penalty From Strepsils Maker Over Misleading Advertising Claims
The Competition Commission of Pakistan (CCP) has successfully recovered a penalty of Rs. 30 million from Reckitt Benckiser Pakistan Limited following a ruling by the Competition Appellate Tribunal (CAT) in a misleading advertising case involving the Strepsils brand. The recovery comes after the Tribunal upheld the CCP’s earlier decision, which found the company responsible for […]
WAPDA Security Force Bill 2026 Introduced in National Assembly
The federal government has introduced the WAPDA Security Force Bill 2026 in the National Assembly, aiming to establish a dedicated security force for the protection and regulation of installations managed by the Pakistan Water and Power Development Authority (WAPDA). The proposed legislation, formally titled “The WAPDA Security Force Bill, 2026,” was presented on Wednesday as […]
ECC Approves New Gemstone Policy to Unlock Pakistan’s Untapped Mineral Wealth
The Economic Coordination Committee (ECC) of the Cabinet has approved a new national gemstone development policy aimed at unlocking billions of dollars worth of untapped mineral resources across Pakistan. The newly approved framework, titled the “National Policy to Realize Pakistan’s Gemstone Potential 2026–2030,” is designed to modernize the country’s gemstone sector, improve exports, and encourage […]
FIA Officers Face Backlash After Alleged Assault During Karachi Jewelry Shop Raid
Officials of the Federal Investigation Agency are facing criticism after CCTV footage from a raid in Karachi’s Saddar Sarafa Bazaar allegedly showed traders and shopkeepers being assaulted during an operation. The incident quickly gained attention on social media after the video surfaced online, sparking outrage among the business community and the public. Several trader groups […]
Punjab Government Extends Relaxation in Business Closure Timings Until June 2026
The Government of Punjab has announced a relaxation in early closure timings for businesses across the province, allowing commercial activities to continue without the previously imposed restrictions until June 1, 2026. According to an official notification issued by the Services and General Administration Department (S&GAD), the exemption applies to shops, markets, shopping malls, hotels, restaurants, […]
Kuwait to Support Pakistan in Developing Strategic Oil Storage Facilities
Pakistan and Kuwait have agreed to enhance cooperation in the energy sector, with a key focus on developing strategic petroleum storage facilities aimed at strengthening Pakistan’s energy security and fuel management capacity. The understanding was reached during a meeting held in Islamabad between Petroleum Minister Ali Pervaiz Malik and Kuwait’s Ambassador to Pakistan Nassar Abdulrahman […]