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Month: July 2026

FBR misses IMF target by Rs975b

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[ The FBR collected Rs6.6 trillion in income tax, missing the goal by Rs323 billion. Receipts were 13.5% higher than last year, inclusive of super tax. photo:file ISLAMABAD: Pakistan has missed the International Monetary Fund (IMF) condition on federal tax collection by a margin of Rs975 billion, as the Federal Board of Revenue (FBR) only … Read more

Tauseeq Haider, Farah Saadia debunk wedding rumours

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tribune

Actors deny AI-generated wedding images, urge creators to stop spreading fake news for money Actors Tauseeq Haider and Farah Saadia shut down rumours that they secretly got married in a humorous Instagram video while also highlighting the consequences of AI-generated misinformation. The two actors shared a collaborative post on Instagram to clarify that they have … Read more

Dar reviews security, logistics for OIC Women’s Conference in Pakistan

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Committee also discusses measures to ensure ‘seamless conduct and successful hosting of Conference’ Deputy Prime Minister and Foreign Minister Ishaq Dar on Wednesday chaired the sixth meeting of the High-Level Committee to review final preparations for the 9th Organisation of Islamic Cooperation (OIC) Ministerial Conference on Women, which Pakistan will host on July 12-13, the … Read more

Broad money supply rises 9.5% to Rs44.3tr

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[ Currency in circulation hits Rs12.05tr; gold down Rs4,100/tola amid 13-year quarterly low globally KARACHI: Pakistan’s broad money supply (M2) recorded a 9.5% increase in the current fiscal year as of June 19, 2026, according to data released by the State Bank of Pakistan (SBP) and analysed by AKD Securities. The money supply reached Rs44.3 … Read more

Trump reports over $1.4 billion in income from crypto ventures

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[ US President Donald Trump. Photo: REUTERS US President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, showing how Trump now derives most of his income from ​digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday. The filings, … Read more

FCC faults SHC for judicial overreach

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ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that the Sindh High Court (SHC) committed “judicial overreach” by exercising suo motu jurisdiction against police officials and interfering in policy guidelines without justification. Such powers, the FCC stated, are not available to high courts under Article 199 of the Constitution. In a two-page judgment, a two-member … Read more

GDP growth hits 3.7%, highest in four years

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[ Fiscal deficit narrows, primary surplus 3.5% of GDP; remittances hit record $4.25b ISLAMABAD: Pakistan’s economy ended fiscal year 2025-26 on a stronger footing, with real GDP growth accelerating to 3.7% – the highest in four years – and the economy expanding to $452.1 billion amid improving macroeconomic stability and a sustained recovery in economic … Read more