BeNewz Report ISLAMABAD: Customers of MCB Bank, one of Pakistan’s largest commercial banks, have been left frustrated after widespread disruptions hit the bank’s digital banking platform, MCB Live, along with related online and mobile banking services. Account holders across the country have reported being unable to log in, transfer funds, pay …
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Aftab Maken ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Tuesday chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet, held at the Finance Division. The ECC considered a summary submitted by the Ministry of National Food Security and Research seeking permission to call …
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Aftab Maken ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday formally launched a special Fixed Tax Scheme for small shopkeepers, assuring the trading community that they would not be harassed under the new mechanism. Addressing a joint press conference along with Minister of State for Finance Bilal …
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Aftab Maken ISLAMABAD: As Pakistan’s tug-of-war over its new auto policy drags on, the real question isn’t how much more protection assemblers should get — it’s how much longer an industry that has lived on subsidies for decades can keep asking consumers and the national exchequer to foot the bill. …
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Aftab Maken ISLAMABAD: Pakistan has cleared the way for one of the largest industrial investment drives in its energy sector in decades, approving amendments to its refining policy that could unlock between $4.5 billion and $6 billion for the modernization of five domestic refineries. What Was Approved The Cabinet Committee …
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BeNewz ISLAMABAD: Pakistan’s energy storage sector stands at a turning point. Government projections show domestic lithium-ion battery demand climbing to 40-51GWh by 2031, putting the market’s potential value at $6.5bn-$9bn — a scale that would make batteries one of the country’s most consequential new industries if local manufacturing can be built …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved a revision in dealers’ margins on Motor Spirit (MS) and High-Speed Diesel (HSD), following a proposal submitted by the Petroleum Division. The meeting was chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at …
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Fuel prices fall for a second straight week even as food costs keep squeezing low-income households; annual inflation now stands at 9.11% Aftab Maken ISLAMABAD: Pakistan’s short-term cost of living inched higher again in the week ended August 13, 2026, driven overwhelmingly by a sharp spike in onion prices, according …
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Aftab Maken ISLAMABAD: Pakistan closed fiscal year 2026 with its strongest set of headline fiscal numbers in over two decades: a fiscal deficit near a 22-year low, a primary surplus at a multi-decade high, and a credit rating upgrade from S&P Global. Government officials have cast the results as proof …
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Aftab Maken ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has imposed a fine of Rs 77,800,000 (Rupees seventy-seven million eight hundred thousand) on China Mobile Pakistan Limited (CMPak), which operates under the brand name Zong, after finding the company in breach of the mandatory 100-metre geo-fencing requirement governing Biometric Verification System (BVS) …
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