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FBR seals two sugar mills over tax law violation

ISLAMABAD: The Federal Board of Revenue (FBR) has sealed two sugar mills in central Punjab for serious breaches of statutory provisions, in line...

latest 10

Dawn Business

Mubarak Zeb Khan

Telecom industry demands rational spectrum auction policy

• Companies say it must reflect sector’s ‘economic realities’, urge federal cabinet to prioritise long-term benefits over short-term...

latest 10

Dawn Business

Kalbe Ali

SBP rolls out ‘shock covering’ measures for banks

KARACHI: The State Bank of Pakistan (SBP) has introduced a set of shocks covering climate-related risk measures to protect the financial...

latest 10

Dawn Business

Shahid Iqbal

Govt prioritises critical power projects

ISLAMABAD: Planning and Development Minister Ahsan Iqbal on Monday directed relevant ministries to finalise a prioritised list of the most critical...

latest 10

Dawn Business

Amin Ahmed

PSX hits new peak on UAE investment hopes

KARACHI: The Pakistan Stock Exchange (PSX) on Monday extended its record-setting rally for a second consecutive session, propelling the benchmark...

latest 10

Dawn Business

Muhammad Kashif

Gold scales new peak amid nil imports

KARACHI: Amid record breaking domestic rates, Pakistan’s gold imports specifically for jewellery export purposes have remained nil from...

yesterday 10

Dawn Business

Aamir Shafaat Khan

ML-1 Karachi-Rohri work to start in July

ISLAMABAD: Ground work for the Karachi-Rohri section under the Main Line-1 (ML-1) project is expected to begin in July next year, a high-level...

yesterday 10

Dawn Business

Amin Ahmed

17-day closure of Karachi Cotton Exchange creates crisis as brokers incurring ‘losses running into billions of rupees’

KARACHI: Nearly 17 days have passed since the Karachi Cotton Exchange (KCE) was shut, raising serious concerns under a government that claims to...

yesterday 10

Dawn Business

The Newspapers Staff Reporter

Trade deficit with Middle East swells to $5.9bn

ISLAMABAD: Pakistan’s trade deficit with the Middle East swelled by 7.88 per cent during the first five months of 2025-26, driven by a surge in...

yesterday 20

Dawn Business

Mubarak Zeb Khan

The rupee in 2026

Who remembers 1998, when Pakistan’s currency market broke down? The trigger was nuclear testing and the sudden pullback of external financing. The...

yesterday 20

Dawn Business

Faisal Mamsa

Rupee gains 1.8pc in July-December against US dollar

• Experts say exchange rate still ‘managed’, warn pressures may return in 2026• Insist PKR’s path shaped by politics, financing, oil and not just...

yesterday 10

Dawn Business

Shahid Iqbal

Meaningful relief for compliant income tax payers remains unlikely

Meaningful relief for compliant income tax payers, salaried individuals and the corporate sector — who together contribute roughly half of...

yesterday 10

Dawn Business

Afshan Subohi

IMF sees Public Sector Deve­lopment Programme shrinking as defence outlay to rise

ISLAMABAD: Amid impr­oving fiscal space, the Inter­national Monetary Fund (IMF) has projected a declining Public Sector Deve­lopment Programme...

sunday 80

Dawn Business

Khaleeq Kiani

FBR cracks down on healthcare tax evasion

ISLAMABAD: The Federal Board of Revenue (FBR) has intensified its enforcement drive across the country against tax evasion in the private...

sunday 30

Dawn Business

Mubarak Zeb Khan

Government borrowing reverses course

KARACHI: The government’s borrowing from banks in the first half of FY26 has marked a sharp reversal from last year’s pattern, with Rs672 billion...

sunday 40

Dawn Business

Shahid Iqbal

Russia delays LNG output target due to sanctions

MOSCOW: Russia has pushed back by “several years” a plan to reach an annual liquefied natural gas output target of 100 million tonnes, Deputy Prime...

sunday 20

Dawn Business

Reuters

Edible oil, meat fuel short-term inflation

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 2.83 per cent year-on-year in the week ending Dec 25 owing to an...

sunday 6

Dawn Business

Mubarak Zeb Khan

Advances to deposits ratio falls to 35pc while investments to deposits ratio goes up to 100pc: report

• Report finds lending to private sector lowest in Pakistan• Undocumented economy is 40pc of GDP KARACHI: The advances to deposits ratio (ADR)...

sunday 30

Dawn Business

Shahid Iqbal

Silver crosses $76 mark for first time

BENGALURU: Silver breached the $76 mark for the first time on Friday, while gold and platinum hit record highs, buoyed by expectations of US...

sunday 10

Dawn Business

Reuters

Stakeholders back PIA sale, call for divestment of other SOEs

• OICCI expects foreign interest once new management stabilises operations• Privatisation debate ignores what passengers actually need, says ex-PBC...

sunday 3

Dawn Business

Aamir Shafaat Khan

Stocks hit record closing above 172,000 level

KARACHI: The Pakistan Stock Exchange (PSX) surged to a record high on Friday, with the benchmark KSE 100 index breaking the 172,000-point barrier...

sunday 20

Dawn Business

Muhammad Kashif

Trade rules often favour wealthy states, MNCs: WB

ISLAMABAD: Global standards have increasingly been used as tools in trade disputes since the turn of the century, reshaping trade flows and often...

sunday 4

Dawn Business

Amin Ahmed

Pakistan, ADB sign two key initiatives worth $730m in power, state-owned enterprises sector

Pakistan and the Asian Development Bank (ADB) signed two major initiatives — a power transmission strengthening project and an accelerating state-...

27.12.2025 8

Dawn Business

News Desk

NA panel flags sugar stock irregularities

ISLAMABAD: A parliamentary committee has unearthed alarming irregularities in sugar stock reporting, citing misreporting of quantities, creation of...

26.12.2025 10

Dawn Business

Mubarak Zeb Khan

Millers slam Sindh govt’s ‘dual standards’ in wheat supply

KARACHI: Flour millers have criticised the Sindh government’s dual standard of providing a limited wheat quota to millers under the Wheat Food...

26.12.2025 10

Dawn Business

The Newspapers Staff Reporter

Govt raises Rs900bn, cuts T-bill yields

KARACHI: Cut-off yields on treasury bills were slashed by up to 79 basis points at the auction held on Wednesday, with the government raising over...

26.12.2025 10

Dawn Business

Shahid Iqbal

Tax exemptions for GB traders approved

• Annual relief capped at Rs4bn on 2,403 items; waivers limited exclusively to local traders, firm• Strict penalties mandated if exempted goods are...

26.12.2025 5

Dawn Business

Jamil Nagri

IHC slams Federal Board of Revenue for ‘institutional manipulation’

ISLAMABAD: The Islamabad High Court (IHC) has issued a landmark ruling condemning what it termed “institutionalised manipulation” within the...

26.12.2025 2

Dawn Business

Malik Asad

Body of accounting and management professionals lays out IMF-backed blueprint to tackle corruption, revive economy

ISLAMABAD: The Institute of Cost and Management Accoun­tants (ICMA) on Wednesday recommended a set of measures as follow-up actions on Governance...

26.12.2025 10

Dawn Business

Khaleeq Kiani