SECP, SBP salary powers curtailed

[ ISLAMABAD: A Senate panel on Thursday decided to withdraw the legal powers of the boards of the central bank and equity market regulator to fix salaries of their top executives, after an exorbitant increase in the pay packages of Securities and Exchange Commission of Pakistan (SECP) executives shocked legislators. Ministry of Law and Justice … Read more

Muzammil, Ushna shine as Pakistan Independence Day Tennis concludes

The Pakistan Independence Day National Ranking Tennis Tournament concluded at the PTF Tennis Complex, showcasing the country’s top tennis talent across senior and junior categories. In the men’s singles final, Muzammil Murtaza claimed the title after veteran Aqeel Khan retired following a tight first set, 7-6 (2). In doubles, the experienced duo of Aisam-ul-Haq and … Read more

OGRA orders oil, gas sector to adopt digital payments

[ ISLAMABAD: The Oil and Gas Regulatory Authority has directed all licensed entities under its regulation to adopt digital payment solutions in line with the government’s push for a cashless economy. According to the directive, OMCs, gas utilities, CNG stations, LPG and LNG operators, refineries, and lubricant marketers must introduce and display digital payment options, … Read more

Economy enters FY26 with stronger outlook

[ ISLAMABAD: Pakistan’s economy has entered fiscal year 2025-26 with positive momentum, building on last year’s gains and setting an optimistic tone for the months ahead, supported by a stronger external and fiscal position, the finance ministry said in its August update released Thursday. “Pakistan’s economy started FY2026 with positive developments from the sustained improvements … Read more