US labor market on solid footing; rising mortgages pressuring housing sector
Attention has turned to US labor market on solid footing; rising mortgages pressuring housing sector, a development that is being followed closely by readers…
Category: Business
Companies, markets and the economy.
SBP Reserves Make History
Pakistan's foreign exchange reserves witnessed another massive rise during the week concluded September 11, 2026.
AI Hailed as Future of Banking in Pakistan
While additionally supporting other Sustainable Development Goals, the Future Banking Forum Karachi 2026, held at a local hotel, has emphasised that artificial intelligence is…
Pakistan to Set Minimum Age for Social Media, Ban Obscene Vlogs
In practice, the federal administration has decided to further strengthen the legal framework governing social media platforms in Pakistan against the backdrop of reservations…
SBP Finally Clarifies Viral Rs. 10 Note Claims
Notably, the State Bank of Pakistan (SBP) has clarified that reports circulating on social media regarding the discontinuation of the Rs.
Finance Minister Hopeful for More Money from China and US
While the administration expects a response within two months on its request for a $10 billion exchange stabilization facility from the United States, Finance…
Power Ministry Finally Asks Electricity Consumers If They’re Happy
In practice, the federal administration has directed all power distribution businesses (DISCOs) to launch a consumer perception survey without further delay to measure customer…
Govt Exempts Armed Forces, FBR From Fuel Restrictions
While administrative and non-operational military vehicles will remain subject to the cut, the federal administration has exempted operational vehicles of the Armed Forces from…
Govt Caps Weddings at One Dish
Meanwhile, the federal administration has ordered that only one dish be served at all marriage-related functions and events as part of new austerity measures.
New Market Timings: Shops Close at 9 PM, Restaurants At 11 PM
For context, the federal administration has retained the existing closing hours for markets, shopping malls, restaurants, and marriage halls under its latest austerity and…