LAHORE-UNS: In light of the ongoing Iran-Israel conflict, the federal government has instructed oil marketing companies to maintain a minimum of 20 days’ fuel reserves and ordered the immediate import of 140 million litres of petrol. The Oil and Gas Regulatory Authority (Ogra) has issued an official directive to oil […]
Business
By Dr. Muhammad Imran In the scenic region of Azad Jammu and Kashmir (AJK), where fruit orchards and natural landscapes thrive, a hidden crisis is affecting both biodiversity and the livelihoods of those who live in the countryside: the alarming loss of honeybee, especially the native species Apis cerana. For […]
ISLAMABAD (APP) –Deputy Prime Minister and Foreign Minister, Senator Muhammad Ishaq Dar on Wednesday said that the digital sales tax on services would remain within the jurisdiction of provinces, while the proposed 18% GST tax on solar panels had been reviewed and revised down to 10% following consultations. Speaking in […]
By: Ahsan Ansari Prime Minister Muhammad Shehbaz Sharif undertook a one-day official visit to the United Arab Emirates (UAE) on June 12, 2025. This was his second visit to the UAE in the same year; he had previously visited in February. The visit reflected the close and brotherly relations between […]
ISLAMABAD-UNS: A day after presenting the budget for fiscal year 2025-26 in the National Assembly, Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday held a post-budget presser despite the boycott of journalists. Journalists on Wednesday boycotted the post-budget press conference and walked out of the presser in protest […]
(By Ahsan Ansari Pakistan’s federal budget for the fiscal year 2025–26 announced on June 10, 2025, by Finance Minister Muhammad Aurangzeb. The Federal Cabinet approved a total expenditure outlay of Rs 17.57 trillion (about US $62 billion), marking a 7 percent reduction from the previous fiscal year. This reduction in spending was a deliberate move […]
by Muhammad Mohsin Iqbal Since the earliest flickers of my conscious memory, I have seen the several federal budgets of Pakistan presented with much fanfare and anticipation each June. It was a season not unlike a grand festival, awaited with equal parts anxiety and hope—especially by the business community and […]
UNS: A significant milestone has been reached in the advancement of the Central African Pipeline System (CAPS) Project. The Economic Community of Central African States (CEMAC), the African Petroleum Producers’ Organization (APPO), and the Central Africa Business and Energy Forum (CABEF) have reached a tripartite understanding that will form the […]
ISLAMABAD-APP: National Economic Council (NEC) had approved Annual Development Plan for 2025–2026,on Wednesday,in Islamabad.The National Economic Council meeting was chaired by the Prime Minister Shehbaz Sharif.It approved a national development budget of Rs. 4,224 billion for 2025–2026, with Rs. 1,000 billion allocated for the federal and Rs. 2,869 billion for […]
By Ahsan Ansari Pakistan is set to present its federal budget for the fiscal year 2025-26 on June 10, 2025, marking a significant shift in its economic strategy. The upcoming budget, shaped during negotiations with the IMF and amid heightened regional tensions, focuses on structural reforms and careful resource allocation. […]
