The government has allowed Mari Energies to carry out airborne field detection survey operations in different areas in Khyber-Pakhtunkhwa (K-P), including Waziristan, and Balochistan. Mari Energies has also been allowed temporary import of aircraft to conduct surveys of different sites in the two provinces. Sources said that Mari had been granted a conditional NOC for carrying out an airborn
The salaried class has paid Rs144 billion in income tax in this fiscal year, which is Rs90 billion more than the taxes paid by retail and realty sectors, highlighting a widening disparity under the International Monetary Fund (IMF) programme that has endorsed a 50% cut for real estate and a fixed tax scheme for retailers. Official record of the past two fiscal years and provisional figures of t
In its daily review, the government on Tuesday increased the petrol price by Rs1.19 per litre and reduced the price of High Speed Diesel (HSD) by Rs1.91 per litre for October 7. According to an official notification, the price of petrol has been increased to Rs394.83 per litre from Rs393.64 per litre. On the other hand, the price of HSD reduced to Rs395.85 per litre from Rs397.76 per litre.
Profitability of Pakistan’s listed pharmaceutical sector increased 28 percent year-on-year (YoY) to Rs42.2 billion in FY26, mainly supported by price-led growth and lower finance costs, according to a Research report issued. However, sector earnings declined 2 percent YoY and 26 percent quarter-on-quarter (QoQ) in 4QFY26, primarily due to the loss posted by The Searle Company Limited (SEARL) du
Oil prices climbed on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen’s Houthis on Saudi Arabia against increased supplies of Middle East crude. Brent futures rose $1.05, or 1.04%, to $101.63 a barrel by 0400 GMT. US West Texas Intermediate (WTI) crude futures rose 80 cents, or 0.89%, to $90.24 a barrel. US forecasters