Business Recorder

India orders migrant detention centres sparking expulsion fears

NEW DELHI: India’s ruling Hindu-nationalist party has ordered detention centres for undocumented Bangladeshis and Rohingyas in West Bengal state, sparking fear among minorities that it could lead to arbitrary expulsions. The directive comes just d…

#India #Migrants #HumanRights

Business Recorder

KP CM discusses investment prospects with Aga Khan V

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Muhammad Sohail Afridi visited Lower Chitral on Sunday, where he joined Khyber Pakhtunkhwa Governor Faisal Karim Kundi and other political and government dignitaries in welcoming Prince Rahim Aga Khan on…

#KP #AgaKhan #Investment

Business Recorder

Quetta train bombing martyrs over 30 people

ISLAMABAD: More than 30 people died in a suicide bombing of a train in Quetta on Sunday, officials said on Monday, in the latest attack claimed by separatist Balochistan militants. Two provincial officials, speaking on condition of anonymity as th…

#Quetta #QuettaBlast #Terrorism

Business Recorder

EPBD launches ‘first-ever’ shadow policy documents

ISLAMABAD: The Economic Policy & Business Development (EPBD) a leading economic think tank on Monday unveiled sweeping structural reform proposals aimed at steering Pakistan out of its recurring boom-and-bust economic cycle, slashing the tax burde…

#EPBD #Policy

Business Recorder

India hikes fuel prices again

NEW DELHI: India’s state-run fuel companies raised petrol and diesel prices for the fourth time in 10 days on Monday, as the Middle East war strains supplies to the world’s fastest-growing major economy. Automobile fuel prices have increased by fi…

#India #FuelPrices #Economy

Business Recorder

Values of imported toys & toy parts/accessories revised

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has revised customs values of toys and toy parts/accessories imported from Europe, Canada, Japan, the United States, and China. A new valuation ruling (2085 of 2026) revealed that t…

#Imports #Customs #Economy

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UK HC assured of policy continuation and fiscal discipline

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting Monday with Jane Marriott CMG OBE, British High Commissioner to Pakistan, who called on the Minister at the Finance Division. The meeting focused on Paki…

#UK #Diplomacy #FiscalDiscipline

Business Recorder

18 killed, 7 injured in Swat Expressway accident

PESHAWAR: Eighteen people were killed and seven others injured in a tragic traffic accident on Swat Expressway in the limits of Tehsil Rustam, Mardan district on Monday. According to Motorway Police, the accident occurred near the Saeedabad Khoro …

#Swat #Expressway #RoadAccident

Business Recorder

SBP directs banks to facilitate tax payments on May 29-30

KARACHI: The State Bank of Pakistan (SBP) on Monday directed banks to observe extended working hours on May 29-30, 2026 to facilitate taxpayers in payment of duty and taxes. To facilitate taxpayers in making over-the-counter (OTC) payment of gover…

#SBP #TaxPayments #Economy

Business Recorder

Sindh PA witnesses noisy protest over water shortages

KARACHI: The Sindh Assembly’s Monday session was thrown into disorder as the MQM’s legislators staged a noisy protest over water shortages in Karachi ahead of Eidul Azha, turning the house into what the opposition leader himself described as a “fi…

#SindhAssembly #WaterShortage #WaterSector