Pakistan’s GDP growth is projected to remain at 3% in fiscal year 2025–26 before rising to 3.4% in fiscal year 2026–27, driven by a recovery in agricultural production and reconstruction efforts following a series of floods in 2025, the World Bank said. However, Pakistan’s current account deficit is expected to widen in fiscal year 2026-27,…
Mr. S. M. Tanveer, leader of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed serious concern over Pakistan’s growing dependence on remittances and debt-driven consumption instead of exports as the foundation for economic growth and development. In a statement, Mr. Tanveer highlighted the structural challenges facing Pakistan’s export sector, noting an…
Although the third T20I match between Pakistan and Sri Lanka in Dambulla proved to be a disappointment for the national team, captain Salman Ali Agha’s brilliant and aggressive batting won the hearts of cricket fans and also broke the record of former West Indies batsman Kieron Pollard. Salman Ali Agha played an incredible innings of…
Pakistan is taking decisive steps to transform its vast but underutilized mineral resources into a driver of strategic economic growth, as the country prepares to host the Second Pakistan Minerals Investment Forum (PMIF26) on April 8–9 in Islamabad. With an estimated trillions of dollars in untapped reserves—including copper, gold, lithium, cobalt, rare earth elements, and…
A gas cylinder explosion early Sunday after a wedding reception at a home in Pakistan’s capital killed at least eight people, including the bride and groom, police and officials said. The blast occurred as guests who had gathered to celebrate the couple were sleeping at the house, causing part of the house to collapse, according…
Iran-US standoff, Venezuela situation, instability across Middle East and South Asia undermines market confidence KARACHI: A sharp wave of selling swept through the Pakistan Stock Exchange (PSX) on Monday, triggering a steep corrective move as escalating geopolitical tensions drove investors into risk-off mode. Heightened concerns over the Iran-US standoff, developments in Venezuela, and widening instability…
Pakistan Telecommunication Authority has warned users against fake calls and UAN numbers. A video message released by PTA states that scammers are impersonating PTA, FIA, and banks to steal your personal and financial information. No government agency will ever ask you for OTP, PIN, identity card or biometrics over a call or message. Mobile users…