Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman addresses the assembly session to present provincial budget for financial year 2026-27 on June 16, 2026. — Screengrab via Geo NewsOpposition stages protest during PA session, rejects budget.Govt unveils Rs1,995 billion three-year…
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Oil heads for weekly gain as Middle East supply risks persist
A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — ReutersStrait of Hormuz shipping remains near standstill after fighting.Tanker traffic disrupted as shipowners assess security risks.Hormuz handled about 20% of global oil, gas…
Kuwait to explore building petroleum strategic storage in Pakistan
Petroleum Minister Ali Pervaiz Malik speaks to Kuwait’s Ambassador to Pakistan Nassar Abdulrahman Jasser Almutairi, Islamabad, May 12, 2026. — APPAmbassador Almutairi hails Pakistan’s efforts for Mideast peace.Islamabad has proven itself through responsible stance:…
FBR dismisses PCA claim of Rs100bn revenue loss from FCA system
An undated image of the Federal Board of Revenue building in Islamabad. — APP/FileInquiry launched into report’s preparation and media leak.PCA’s claims of mis-invoicing and TBML ruled out by FBR.Shortfall exaggerated, Rs58m found versus Rs53bn claimed.
ISLAMABAD: The…