OGDCL announces significant Oil and Gas discovery at Faakir-1 Well in Khairpur, Sindh

Oil & Gas Development Company Limited (OGDCL) on Thursday announced a significant oil and gas discovery from its exploratory efforts at the Faakir-1 well, located within the Bitrisim Exploration License…

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DWP Technologies enables JS Bank with strategic ACI Deployment

DWP Technologies and JS Bank officially entered into a transformative partnership through the signing of a three-year Cisco Infrastructure Services contract, marking a significant milestone in digital infrastructure development. This strategic alliance…

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Faysal Bank champions women’s inclusion with the Khud Mukhtar Internship programme

Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, successfully kicked off the Karachi cohort of its ‘Faysal Khud Mukhtar’ Internship Programme in collaboration with Circle Women Association, showcasing…

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The Federal Budget for the new fiscal year is not beneficial for the industrial sector, UBG

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United Business Group (UBG) President Zubair Tufail, Core Committee Members Malik Khuda Bakhsh, Syed Mazhar Ali Nisar, Khalid Tawab, and Hanif Gohar have termed the federal budget 2025–26 as disappointing,…

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Tax burden remains unjust; the agriculture sector is exempt, the export industry is ignored, President KATI

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The President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has termed the Federal Budget 2025-26 disappointing, stating that it neither meets the requirements of the industrial…

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Mobilink Bank’s inheritance campaign shortlisted at Cannes Lions 2025

Pakistan's leading digital microfinance Bank, Mobilink Bank's inheritance campaign, has been shortlisted for the prestigious Cannes Lions International Festival of Creativity 2025 in the 'Glass: The Lion for Change' category.…

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Junaid Anwar Chaudhry highlights climate-resilient infrastructure in new maritime strategy

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry emphasised the importance of climate-resilient infrastructure in a new maritime strategy, aiming to modernise ports, reduce environmental impact, and promote economic…

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OICCI is disappointed with the government’s limited progress on corporate tax rates in the budget

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The Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed disappointment over the government’s limited progress in addressing inequitable corporate tax rates in the recent budget. While the marginal…

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Read more about the article Pakistan Budget FY26 – Initial impressions: Positive for the market
Islamabad : Prime Minister Muhammad Shehbaz Sharif congratulates Federal Minister for Finance and Revenue Muhammad Aurangzeb after his budget speech, on 10 June, 2025.

Pakistan Budget FY26 – Initial impressions: Positive for the market

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Budget outlay: The Government has announced its second budget today, with revenues and expenditures of Rs19.3 Trillion and Rs25.8 Trillion, respectively, translating into a federal deficit of 5% of GDP, or…

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Electricity underutilization and circular debt demand urgent power sector reforms

To address the challenge of electricity underutilization, privatization can be a viable option, provided certain prerequisites are met. The process should follow a phased, step-by-step approach. For other issues in…

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Pakistan Economic Survey FY25: Modest GDP growth, external account improved, inflation down

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Topline Pakistan Research has commented on the Pakistan Economic Survey FY25, released today by the Federal Government. The Ministry of Finance (MoF) has released the Economic Survey of Pakistan for FY25.…

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Junaid Anwar Chaudhry stresses the importance of blue carbon ecosystems in safeguarding oceans

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry reaffirmed Pakistan’s strong commitment to protecting marine ecosystems on World Oceans Day, underscoring the vital role oceans play in sustaining life…

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