Women pack fabric sanitary pads in a tailor workshop. — AFP/FileThe federal government has proposed abolishing tax on sanitary towels, related women’s health products and contraceptives in the budget for fiscal year 2026-27.Finance Minister Muhammad Aurangzeb made the…
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Govt likely to present Federal Budget 2026-27 on June 12, says minister
A general view of the National Assembly. — APP/FileFinMin Muhammad Aurangzeb to present budget before NA. Announcement comes after PPP’s assurance to support budget.PPP, PML-N reached broad agreement on most proposals: sources.
ISLAMABAD: The federal budget for the…
Moody’s changes Pakistan banking outlook to stable from positive
Signage is seen outside the Moody’s Corporation headquarters in Manhattan, New York, US, November 12, 2021. — ReutersOperating environment improving, but only gradually.Asset quality and profitability challenges remain.Banks’ performance seen stable over 12-18 months.
Moody’s…
US Fed holds rates steady in split decision, cites Iran tensions fuelling energy inflation
US Federal Reserve Chair Jerome Powell speaks at his final press conference at the Federal Reserve, April 29, 2026. — Reuters
Fed leaves benchmark interest rate in 3.50%-3.75% range.Iran war clouds economic, monetary policy outlook.Senate panel proposes Powell’s…