Pakistan's GDP growth for 2025-26 revised down to 3.65%
The National Accounts Committee trimmed growth on weaker manufacturing and trade, but the economy still grew to $450 billion and per-capita income reached $1,896.
Pakistan2 min readBusiness news
Markets, fuel prices, taxes, companies and the economy, explained for everyday readers.
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Pakistan2 min read
Somali piracy is back — and the Red Sea crisis helped bring it home
Hijackings have surged since April as navies focus on the Houthis. Three ships were freed this month, but five crew members died in one rescue.
Punjab's livestock exports jump 43% as farmers expect to earn Rs11 billion
About 400,000 animals were prepared for export in a year. The province plans new slaughterhouses, meat-processing plants and its first FMD vaccine unit.
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Anthropic pledges 5% of its shares to a new 'public benefit' fund
The Claude maker says the fund could grow as the company's value rises and could be used to help people whose jobs are disrupted by AI. It cannot fund lobbying.
United States2 min read
Marco Rubio skips New Delhi for Mumbai, sparking a diplomatic row in India
Opposition leaders say India's foreign minister is being 'summoned' to meet the US secretary of state, as tariff talks stall and Russian oil purchases strain ties.
Container ship sinks near Hormuz as attacks on shipping hit their fastest pace of the war
A Singapore-flagged vessel went down after being struck by a projectile, while daily transits through the strait remain a tiny fraction of pre-war traffic and Brent crude holds above $100.
Petrol price in Pakistan: daily revisions keep fuel near Rs390 a litre in October
Prices have swung almost every day this month. Petrol is still about Rs140 a litre higher than in January, as the Hormuz crisis keeps global oil above $100.
Pakistan2 min read
FBR tax return deadline 2026: record filings, new penalties and what late filers need to know
The September 30 deadline was first pushed to October 15, and a further extension was reported on October 15. Filings are up sharply, and the 'late filer' category is gone.
Pakistan2 min read
Kuwait launches a central salary payment system for all private-sector employers
The Central Bank of Kuwait's new platform will track salary transfers in real time — good news for expatriate workers, including hundreds of thousands from South Asia.
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Pakistan's foreign exchange reserves rise to $26.86 billion
Total liquid reserves edged up by $65.9 million in the week to October 9, enough to cover about three months of imports.
Pakistan2 min read
Germany cuts fuel tax and bans alcohol at train stations: the October changes you need to know
Drivers are paying about 17 cents less per litre, Deutsche Bahn's alcohol ban now covers all 5,400 stations, and the clocks go back on October 25.
Germany2 min read
Qualcomm wins its court fight with Arm — and is awarded just $2
A Delaware jury found Arm breached its licence and interfered with Qualcomm's talks with Meta, but sided with Arm on five other claims. The bigger battle over royalties is still to come.
Swiss health insurance premiums to rise 5% on average in 2027
Insurers are sending new rates to policyholders this month. Here is what else changes for people living in Switzerland in October.
Switzerland2 min read
Gold price in Pakistan today: 24-karat at Rs439,036 per tola
Gold is Rs7,036 per tola higher than on October 14, according to the All Pakistan Sarafa Gems and Jewellers Association. Silver also edged up.
Pakistan2 min read