Business News | PSX | News Updates from Pakistan Economy

Gold prices surge in Pakistan tracking global rally

Gold prices in Pakistan rebounded sharply on Tuesday after a three-day hiatus, with the price of 24-karat gold climbing by Rs2,830 per tola to reach Rs455,063 in the local market.

June 9, 2026
Published in Business

Govt announces 'fixed tax scheme' for small traders

The federal government on Friday introduced a fixed tax scheme for small shop owners as part of its ongoing efforts to expand tax collection and document the economy.

June 5, 2026
Published in Business

Aurangzeb lauds World Bank Group’s continued partnership with Pakistan

Finance Minister Muhammad Aurangzeb has reaffirmed Pakistan’s commitment to advancing reforms that strengthen human capital, improve social outcomes, expand employment opportunities and support inclusive and sustainable economic growth.

June 3, 2026
Published in Business

OGRA raises LPG price for June

The Oil and Gas Regulatory Authority (OGRA) has jacked up the price of liquefied petroleum gas (LPG) for June, raising the cost of a standard domestic cylinder by Rs58.51 amid inflationary pressures affecting household energy…

June 1, 2026
Published in Business

Govt not withdrawing electricity subsidies for protected consumers: Leghari

The Energy Minister Awais Leghari said on Sunday that the federal government is not ending electricity subsidies for protected consumers, dismissing rumours and assuring that eligible households will continue to receive financial support through a…

May 31, 2026
Published in Business

IMF asks Pakistan to raise GST to 19% in Budget 2026-27

Ahead of the 2026-27 federal budget, the International Monetary Fund (IMF) has asked Pakistan to increase the standard General Sales Tax (GST) rate by one percentage point, from 18% to 19%.

May 31, 2026
Published in Business

FinMin discusses budget preparations, macroeconomic outlook with IMF mission

Finance Minister Muhammad Aurangzeb on Wednesday briefed the visiting International Monetary Fund (IMF) mission on the country’s macroeconomic outlook, fiscal strategy, reform priorities, and the government’s ongoing efforts to ensure sustainable economic stability and long-term…

May 13, 2026
Published in Business

Pakistan takes major step with floating solar power project at Keenjhar Lake, Sindh

Pakistan is taking a significant step towards promoting renewable energy and energy self-sufficiency with 243 million dollars floating solar power project on Keenjhar Lake in Sindh.

May 10, 2026
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Govt hikes petrol by Rs14.92, diesel price jumps to nearly Rs415

The federal government has increased petrol and diesel prices by nearly Rs15 per litre each for the next week.

May 9, 2026
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Govt hikes petrol price by Rs6.51, diesel by Rs19.39 per litre

The federal government on Thursday raised the price of petrol by Rs6.51 per litre and that of high-speed diesel (HSD) by Rs19.39 per litre, according to a notification issued by the Petroleum Division.

May 1, 2026
Published in Business

Gold prices jump in Pakistan as global rates climb

Gold prices in Pakistan increased on Thursday, in line with gains in the international market. In the local market, the gold price per tola reached Rs483,962 after a gain of Rs4,400 during the day.

April 30, 2026
Published in Business

Selling pressure persists as PSX for 4th consecutive day

The Pakistan Stock Exchange (PSX) remained in the grip of selling pressure for the fourth consecutive day on Thursday, as investors stayed cautious of the economic outlook as the stalemate in the Middle East conflict…

April 30, 2026
Published in Business

UAE exit weakens OPEC+ influence over oil market, alliance holds firm

OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on May 1, but the rest of the producer alliance is likely to…

April 29, 2026
Published in Business

Oil prices extended their gains as efforts to end the ‌US-Iran war appear stalled

Oil prices climbs as no end to Iran war shows no signs of ending

Oil prices extended their gains on Tuesday as efforts to end the ‌US-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing…

April 28, 2026
Published in Business