Pakistan's First Underground Metro Prepares in Lahore
The Punjab Transport Department accelerates feasibility and design work for the Blue Line metro in Lahore, a 27-km underground route set to serve over 250,000 passengers daily within three years.
Category : Business
Sindh to Blacklist Builders, Block Future Project Approvals
Sindh Minister Nasir Hussain Shah announces strict measures against builders failing to complete projects, including blacklisting and barring from future approvals, to protect homebuyers.
Pakistan Considers Fortnightly Oil Price Revisions
Pakistan's government is evaluating a shift from weekly to fortnightly oil price revisions to reduce market volatility and provide more stability for consumers and businesses.
Chinese Company Plans $5-10B Investment in Pakistan
A leading Chinese company expresses strong interest in investing $5-10 billion across multiple sectors in Pakistan, signaling a major boost for economic growth and bilateral ties.
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Akhuwat, Macter Launch Qarz-e-Hassan Project in Orangi
A Memorandum of Understanding has been signed between Akhuwat Foundation and Macter International to launch a Qarz-e-Hassan project in Orangi Town, Karachi, aimed at providing interest-free loans to support low-income families and small businesses.
Pakistan Forex Reserves Hit $21.43B, Gold Prices Fall
Pakistan's foreign exchange reserves increased to $21.434 billion with SBP holdings at $16.3 billion. Gold prices dropped domestically and internationally amid Middle East tensions and US economic data.
Hormuz Closure Halts Qatar LNG Exports, Global Energy Worries
The closure of the Strait of Hormuz has halted Qatar's LNG exports, causing significant disruptions to global energy markets and raising concerns over supply security.
Gold Price Falls Rs 2,800 per Tola in Pakistan
Gold prices in Pakistan have experienced a significant decline, dropping by Rs 2,800 per tola and Rs 537 per 10 grams, reflecting global market trends and local economic factors.
Gold Prices Plunge in Pakistan, Global Markets
Gold prices in Pakistan have experienced a significant decline, with the per tola price dropping by Rs2,800 to Rs537,162, following a downward trend in international markets.
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Parkview City Buyers Can Now Get UBL Home Financing
Parkview City Islamabad has partnered with United Bank Limited to offer home financing options for buyers, enhancing affordability and investment opportunities in the real estate sector.
Iran Internet Blackout Hits 1% Connectivity on Fifth Day
Iran's internet connectivity has dropped to just 1% as a nationwide blackout enters its fifth day, severely disrupting communications and raising international concerns.
PSX Stages Dramatic Rebound, Surges 543.33 Points
The Pakistan Stock Exchange (PSX) experienced a dramatic rebound, surging by 543.33 points to close at 79,000. This recovery follows recent declines, driven by positive economic indicators and investor confidence.
Middle East War Intensifies Aviation Crisis, 20,000+ Flights Cancelled
The Middle East conflict has severely disrupted regional aviation, with over 20,000 flights cancelled across eight countries. Pakistan's flights to the region remain affected, with 145 cancellations reported.
UN Approves Safety for Pakistan's New Chashma Nuclear Reactor
The International Atomic Energy Agency has granted safety approval for Pakistan's new Chashma-5 nuclear reactor, marking a significant step in the country's energy and nuclear security efforts.
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Govt Reviews Fuel Prices Daily Amid Gulf Tensions
The Pakistani government is conducting daily reviews of fuel prices and availability in response to escalating tensions in the Gulf region, with Finance Minister Aurangzeb leading the effort to ensure market stability.
Rupee Gains 3 Paisa Against US Dollar in Trading
The Pakistani rupee appreciated by 3 paisa against the US dollar in the interbank market, closing at 277.94. This minor gain reflects ongoing currency stability amid economic adjustments.
IAEA Approves Safeguards for Pakistan's Chashma Nuclear Plant Unit 5
The International Atomic Energy Agency board unanimously approved safeguards for Chashma Nuclear Power Plant Unit 5, a 1,200 MW project supporting Pakistan's energy security and climate goals.
FCC Rejects Re-Litigation Attempt, Upholds Decisions
The Federal Communications Commission (FCC) has firmly closed the door on re-litigation, emphasizing the finality of its decisions. This move aims to prevent redundant legal challenges and streamline regulatory processes.
NEPRA Approves Rs1.62 Per Unit Electricity Tariff Hike
NEPRA has approved a Rs1.62 per unit electricity tariff increase for fuel adjustment charges, affecting most consumers except lifeline and protected categories. The hike will appear in March bills.
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SBP Governor: No UAE Loan Repayment Demand
State Bank of Pakistan Governor Jameel Ahmad informed a National Assembly panel that there is no demand from the UAE for repayment of a $2 billion loan, addressing concerns amid economic discussions.
Pakistan Has 28-Day Fuel Cover, Saudi Arabia Offers Alternative Supply
Finance Minister Muhammad Aurangzeb confirms Pakistan has 28 days of petroleum reserves and 15 days of LPG cover. Saudi Arabia assures support for alternative oil supply via Yanbu Port amid Strait of Hormuz closure due to Middle East tensions.
Gold Drops Rs10,000 Per Tola, Silver Rises in Pakistan
Gold prices in Pakistan fell sharply, with 24-karat per tola down Rs10,000 to Rs539,962, while silver increased by Rs100 per tola. International gold dropped $100, silver rose $1.0.
China Trains 885 Pakistani Agri-Experts as Master Trainers
China has successfully trained 885 Pakistani agricultural experts as master trainers to enhance modern farming techniques and boost crop yields in Pakistan.
Gas Prices Surge 100% After Hormuz Attacks, Qatar LNG Stop
European gas prices skyrocketed more than 100% after US-Israeli strikes on Iran disrupted Strait of Hormuz shipping and QatarEnergy halted LNG production, fueling supply shortage fears.
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NEPRA Approves 35 Paisa Per Unit Electricity Price Hike
The National Electric Power Regulatory Authority has approved a 35 paisa per unit increase in electricity prices, impacting consumers nationwide. This adjustment is part of the quarterly tariff mechanism.
Pakistan Service Exports Jump 18.78% in 7 Months, Deficit Widens
Pakistan's service exports rose 18.78% to $5.659 billion in July-January 2025-26, while imports grew 17.46%, widening the trade deficit by 14% to $2.074 billion, per PBS data.
Gold and Silver Prices Drop Sharply in Pakistan and Globally
Gold prices in Pakistan fell significantly on Tuesday, with 24 karat per tola decreasing by Rs13,900 to Rs549,962. Silver also saw a decline, dropping by Rs1,146 per tola to Rs8,904.
Banana Waste Transformed into Eco-Friendly Textile Fibre in Pakistan
Smeda, FAO, and partners launch a 2026-2031 project converting banana waste into sustainable textile fibre, engaging 40,000 women and boosting Pakistan's bio-economy.
Govt to Borrow Rs6.5 Trillion in New Fiscal Year
The federal government is set to borrow a massive Rs6.5 trillion in the upcoming fiscal year to meet its financing needs, according to official documents.
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Gulf Markets Volatile Amid Iran-Israel Tensions, Investor Worry
Stock markets across the Gulf region are showing significant volatility and wavering performance as escalating geopolitical tensions between Iran and Israel fuel deep uncertainty among investors, impacting regional economic stability.
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