News Archive - Page 203

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PSX surges 2,000 points as investor confidence returns

PSX surges 2,000 points as investor confidence returns

The Pakistan Stock Exchange continued its rebound, with the KSE-100 jumping more than 2,000 points. Investors responded positively to easing oil prices, stable interest rates and expectations of policy support.

Business
Pakistan, IMF move toward lower FBR tax goal for FY26

Pakistan, IMF move toward lower FBR tax goal for FY26

Pakistan and the IMF are nearing agreement on a lower tax collection target for the FBR as revenue pressures persist. The move is part of broader efforts to recalibrate fiscal projections under the IMF programme.

Business
Pakistan bags $507m in landmark 5G spectrum auction

Pakistan bags $507m in landmark 5G spectrum auction

Pakistan raised $507 million in its much-anticipated 5G spectrum auction, paving the way for next-generation mobile services. Authorities say the initial rollout will begin in Islamabad and provincial capitals.

Technology
Iran war and Pakistan ban squeeze Indian airlines harder

Iran war and Pakistan ban squeeze Indian airlines harder

Indian airlines are facing renewed disruption as the Iran war compounds the impact of Pakistan's airspace ban. Carriers are cancelling flights, taking longer routes and dealing with rising fuel and operational costs.

General
Pakistan car sales drop 26% month-on-month in February

Pakistan car sales drop 26% month-on-month in February

Pakistan’s car sales fell sharply from January levels in February 2026, though they remained well above last year’s numbers. The market continued to benefit from improving economic conditions despite the month-on-month slowdown.

Business
FDE orders two-week closure of schools and colleges

FDE orders two-week closure of schools and colleges

The FDE has announced a two-week closure of educational institutions under its control from March 16 to 31 as part of fuel-saving and austerity measures. Exam activities will continue, while BS classes will move online immediately.

General
Airfares rise in Pakistan after jet fuel price surge

Airfares rise in Pakistan after jet fuel price surge

Airlines in Pakistan have increased fares on domestic and international routes after a steep rise in jet fuel prices. The fare hike reflects growing pressure on operating costs across the aviation sector.

Business