Business Recorder

‘Next budget may create more difficulties for traders’

KARACHI: Former Vice President of FPCCI, Tariq Haleem has said that the upcoming federal budget, being formulated under the stringent conditions of the IMF, may create further difficulties for the business community, industries, and the general pu…

Business Recorder

Federal budget FY2026–27: Govt to slash power sector subsidies by around 20pc

ISLAMABAD: The government is set to slash power sector subsidies by around 20 percent to Rs 830 billion in the federal budget for 2026–27, compared to an allocation of Rs 1.036 trillion in 2025–26 and 7 percent from revised allocation of Rs 893 bi…

Business Recorder

Sindh senior minister steps up criticism of MQM-P

KARACHI: Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit, Sharjeel Inam Memon, has said that the MQM-P is unnecessarily politicising various issues and problems in an attempt to revive its dead politics. H…

#Sindh #MQM

Business Recorder

Mango export target cut by 30pc on ME tensions

KARACHI: Pakistan’s mango export season has started from June 1, under mounting pressure from geopolitical tensions in the Middle East, soaring freight costs, climate-related challenges and declining fruit yields, prompting exporters to cut this y…

Business Recorder

Punjab launches restoration of road infrastructure programme

LAHORE: On the directions of Chief Minister Maryam Nawaz Sharif, a historic and exemplary programme has been launched for the restoration of road infrastructure throughout Punjab. The CM has directed the authorities to ensure strict adherence to t…

#Punjab

Business Recorder

Punjab govt fully determined to revive film industry: Azma

LAHORE: Punjab Information and Culture Minister Azma Bokhari has said that the Punjab government is taking practical steps to revive and develop Pakistan’s film industry in line with the vision of Chief Minister Maryam Nawaz. She stated that the e…

Business Recorder

Steel melters for abolishing WHT on local scrap purchases

LAHORE: The Pakistan Steel Melters Association (PSMA) has urged the government to abolish withholding tax on local scrap purchase and rationalise power tariff in the upcoming federal budget. Addressing at a news conference on Monday, Chairman PSMA…

Business Recorder

LCCI urges export-focused budget, abolition of PIDC

LAHORE: Prime Minister Shehbaz Sharif held a consultative meeting with presidents of chambers of commerce and industry at the Prime Minister House to seek recommendations from the business community on the upcoming federal budget and the overall e…

#Lahore

Business Recorder

PM, Naqvi discuss law, order situation

LAHORE: Interior Minister Mohsin Naqvi called on the Prime Minister Muhammad Shehbaz Sharif in Lahore and discussed the country’s overall law and order situation. Mohsin Naqvi briefed the Prime Minister about security arrangements made for Eid-ul-…

#MohsinNaqvi

Business Recorder

Upbringing, character- building of kids: CM pays tribute to parents’ sacrifices

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has paid tribute to the unparalleled sacrifices made by parents in the upbringing and character building of their children. In her special message on the occasion of the Global Day of Parents,’’ th…