Govt reduces petrol price by Rs1.60 per litre, raises high-speed diesel rate by Rs1.64
Official ex-depot prices (PKR/litre) — OGRA & Ministry of Energy notifications
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22Oct2026
22Oct2026
Direct flights between Pakistan and Maldives on the horizon as PM stresses connectivity
Prime Minister Shehbaz Sharif on Thursday announced that he had issued instructions for direct flights between Pakistan and the Maldives. The premier was addressing the Pakistan-Maldives Business Forum, attended by visiting Maldivian President Dr Mohamed Muizzu, who arrived in Islamabad on Tuesday for a three-day trip at the invitation of PM Shehbaz. The visit marks […]
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22Oct2026
IMF says Middle East, North Africa and Pakistan GDP to contract 1.3pc in 2026
The International Monetary Fund (IMF) on Thursday forecast a sharp drop in economic output in Pakistan, the Middle East and North Africa this year due to the US-Israeli-led war against Iran, followed by a rebound to 6.6 per cent growth in 2027, while warning that further energy production disruptions could worsen the outlook. The IMF […]
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22Oct2026
Faster reforms could triple Pakistan’s incomes by 2050, says World Bank
ISLAMABAD: Pakistan’s incomes could triple by 2050 if the country ensures faster implementation of structural reforms, according to the World Bank Group’s latest Pakistan Development Update, titled Attaining Escape Velocity. The report says that following progress on macroeconomic stabilisation, Pakistan has an opportunity to achieve faster and sustained economic growth and create more jobs. Sound […]
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22Oct2026
Stocks stage mild recovery on selective buying
KARACHI: The Pakistan Stock Exchange (PSX) posted marginal gains on Wednesday before falling below the 165,000 mark as cautious trading continued amid persistent economic and political uncertainty. Topline Securities Ltd said the KSE-100 index staged a recovery, gaining 779.35 points, or 0.47 per cent, to close at 165,930.99 after two consecutive sessions of losses. The […]
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22Oct2026
NHA eyes public-private partnership model for roads
ISLAMABAD: The National Highway Authority (NHA), Privatisation Commission and Public-Private Partnership Authority (P3A) discussed on Wednesday the potential of developing four major road projects under the PPP model. The consultative meeting was co-chaired by Federal Minister for Communications Abdul Aleem Khan and Adviser to the Prime Minister on Privatisation Muhammad Ali. During the session, participants […]
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22Oct2026
World Bank to support Pakistani start-ups
ISLAMABAD: The World Bank will help Pakistan mobilise private investment and broaden access to risk capital for innovative, high-growth firms. The “Pakistan Entrepreneurship and Private Investment Catalyst Project”, expected to be approved by the World Bank Executive Board in early 2027, will help the government establish and capitalise a $50 million Fund of Funds (FoF) […]
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22Oct2026
Afghan trade halt hits pharma exports
KARACHI: After contracting by 30.26 per cent in FY26, the country’s pharmaceutical exports continued to decline, falling 25.53pc in value in the first quarter of 2026-27. The industry largely attributes the drop to disrupted trade with Afghanistan, once one of the country’s main medicine markets. Pakistan Bureau of Statistics data showed that pharmaceutical exports fell […]
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22Oct2026
Cotton sector faces complete paralysis
LAHORE: The country’s cotton and ginning sector faces complete operational paralysis as factory owners threaten nationwide shutdowns and strikes after the Federal Board of Revenue (FBR) conducted unannounced raids and record seizures in Sindh. The aggressive tax enforcement actions, carried out without prior notice in key cotton-producing hubs, including Sanghar, Tando Adam, and Shahdadpur, have […]
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22Oct2026
Draft auto policy revs up hopes for cheaper vehicles
• PHEVs may see price reductions of over 20pc under proposed tax changes • Petrol, hybrid vehicles may become around 8-10pc cheaper • Parts makers warn rising CBU imports, lower tariffs to hurt local industry KARACHI: The draft Auto Policy 2026-31 could trigger one of the biggest shake-ups in the country’s automobile market, with prices […]
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