Business

LAHORE / ISLAMABAD — Bolstering the state’s multi-modal logistics layout, Railways Minister Muhammad Hanif Abbasi confirmed that Pakistan Railways has achieved a phenomenal 20% year-on-year revenue surge, banking Rs115 billion for the fiscal cycle. Defying major regional disruptions, freight commercial operations aggressively generated Rs41 billion—marking a solid 14% growth—while standard passenger networks remained the single […]

KARACHI / ISLAMABAD — Signifying robust retail investor trust in tech-driven equities, the Initial Public Offering (IPO) of Select Technologies Limited has closed with a massive 1.73x oversubscription rate. According to formal regulatory data submitted to the Pakistan Stock Exchange (PSX) by book-runner Arif Habib Limited, the public subscription window pulled in 12,186 individual applications

LAHORE / ISLAMABAD — Bolstering the state’s multi-modal logistics layout, Railways Minister Muhammad Hanif Abbasi confirmed that Pakistan Railways has achieved a phenomenal 20% year-on-year revenue surge, banking Rs115 billion for the fiscal cycle. Defying major regional disruptions, freight commercial operations aggressively generated Rs41 billion—marking a solid 14% growth—while standard passenger networks remained the single

KARACHI / ISLAMABAD — Signifying robust retail investor trust in tech-driven equities, the Initial Public Offering (IPO) of Select Technologies Limited has closed with a massive 1.73x oversubscription rate. According to formal regulatory data submitted to the Pakistan Stock Exchange (PSX) by book-runner Arif Habib Limited, the public subscription window pulled in 12,186 individual applications

KARACHI / ISLAMABAD — Driven by aggressive capital market structural simplifications, the Securities and Exchange Commission of Pakistan (SECP) has successfully broken the country’s long-standing, singular dependency on commercial banking credit for corporate expansion. Official data finalized for the first half of 2026 reveals that nine major corporate entities successfully raised over Rs20 billion ($71

ISLAMABAD — The federal government has officially issued the official gazette notification activating the Finance Act 2026-27, bringing sweeping customs duty and regulatory rollbacks into immediate effect today. In line with the National Tariff Policy 2025-30, the FBR has issued SRO 1064(I)2026, aggressively capping the maximum regulatory duty (RD) rate—which previously stood at 50%—down to

ISLAMABAD — In a major move to protect the public from global energy volatility, the Ministry of Finance has officially notified the establishment of the Petroleum Prices Stabilization Fund. Following a formal directive from the federal cabinet, all proceeds channeled into this strategic safety net will be parked under the “Special Deposit Fund” within the