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News
PM approves auto policy 2026-31 linking incentives to exports, localisation
1+ hour, 5+ min ago (494+ words) Published September 10, 2026 Prime Minister Shehbaz Sharif green-lighted Automotive Industry Development Policy (AIDP) 2026-31, linking incentives to exports, localisation and domestic value addition under the new framework, The News reported on Thursday. The policy, developed by an inter-ministerial steering committee, will operate…...
PM Shehbaz seeks business community's input on boosting exports
1+ day, 19+ hour ago (395+ words) Published September 08, 2026 ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday stressed that Pakistan's economic growth must be export-led, saying growth without an export orientation would be meaningless. Addressing a meeting with leading industrialists, businessmen and entrepreneurs, which he attended along with…...
Bill Gates calls for ‘human reserved' jobs, AI tax to slow automation: full story inside
2+ week, 21+ hour ago (302+ words) Published August 26, 2026 The billionaire and co-founder of Microsoft has expressed concerns over the rapid growth of AI taking human jobs while urging governments to impose restrictions. The philanthropist stressed that certain areas of the labour market should be marked as…...
Moody's improves Pakistan's sovereign credit rating to B3 from Caa1
2+ week, 2+ day ago (304+ words) Published August 24, 2026 Moody’s Ratings on Monday upgraded Pakistan’s sovereign credit rating to B3 from Caa1, citing the country’s stronger external position, better fiscal metrics and lower domestic financing costs. The global ratings agency maintained Pakistan’s outlook at “stable”, Bloomberg reported. “Lower domestic…...
Gold price forecast 2026: Will Gold reach $5,000?
2+ week, 4+ day ago (295+ words) Published August 23, 2026 Gold hit $4,680 this week, marking its highest in three months, fuelled by a weak dollar and record central bank buying. This raised concerns that the precious metal can reach $5,000 as investor investment shifts. Gold gained 2.4 per cent to…...
SBP keeps policy rate unchanged at 11.5%
1+ mon, 2+ week ago (241+ words) Published July 27, 2026 The State Bank of Pakistan (SBP) kept its policy rate unchanged at 11.5% on Monday as policymakers weighed elevated inflation, uncertain oil prices and the economic impact of the ongoing Middle East conflict. The decision was in line with…...
ADB says Pakistan's economy grew at 3.7% in FY26
2+ mon, 1+ day ago (337+ words) Published July 09, 2026 ISLAMABAD: The Asian Development Bank (ADB) said Thursday that Pakistan's economy grew at 3.7% in fiscal year 2025-26, supported by strong performance in the industrial and services sectors along with modest gains in agriculture. According to the Asian Development Outlook…...
The real test of Budget 2026-27 is job creation
2+ mon, 4+ week ago (590+ words) Published June 11, 2026 On June 12, Pakistan's Federal Budget 2026-27 will be presented in the National Assembly. Markets will watch the revenue targets. Businesses will scan the tax measures. Economists will debate the deficit projections. But the single question that will determine whether…...
PM Shehbaz says economy stabilised, vows export-led growth push
3+ mon, 1+ week ago (317+ words) Published June 01, 2026 Prime Minister Shehbaz Sharif said on Monday that the country's economy has stabilised through continuous and strenuous hard work, while further efforts were afoot for accelerated economic growth. The prime minister expressed these views during a consultative meeting…...