A container ship operates in the Arabian Sea off Mumbai, India, May 6, 2026.— Reuters/File US proposes new 12.5% import tariff on India.US, India reach initial agreement in February. First trade pact tranche expected to conclude by July.India would also seek an…
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Nepra clears three-month tariff hike to recover Rs8.67bn
IESCO staffers repair electricity wires on a pole to restore power in an affected area in Islamabad, on January 21, 2026. — APPIncrease will not impact lifeline customers.Hike applies to K-Electric users as well.Companies wanted to recover Rs10.83bn.
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FBR abolishes role of local agents in assessing duties, taxes on vehicles’ import
A representational image showing a large number of vehicles parked at a site. — AFP/FileAgents’ role eliminated via Customs General Order No 2 of 2026.Prices certified by manufacturers to be used to assess duties, taxes.Move aimed at overcoming under-invoicing; will facilitate…
Barrick slows Reko Diq rollout as Iran war jolts region
An representational image of an open-pit mine. —Reuters/FileBarrick delays Reko Diq project by 12 months.Security concerns rise in Balochistan province.First production now expected by 2029.
Barrick Mining is delaying its massive copper and gold project in Pakistan due to the Middle…