Download IPFS In a recent verdict, the Supreme Court of Pakistan provided much-needed clarity on how child maintenance should be calculated following the dissolution of a marriage. The decision outlines that the child’s “reasonable requirements” and the father’s financial means are both key factors in determining the support amount. The[Read More…]

Download IPFS Honda Atlas Cars Pakistan Limited (HCAR) has posted a staggering 310% increase in its profit after tax (PAT) for the first quarter of Model Year 2026 (1QMY26), reaching Rs 828 million compared to Rs 202.6 million during the same period last year. Earnings per share (EPS) rose to Rs 5.80. The[Read More…]

Download IPFS Pakistan’s total liquid foreign reserves fell to US$19.92 billion as of July 18, 2025, with the State Bank of Pakistan (SBP) reporting a US$69 million decrease due to external debt payments. While the reserves remain sizable, continued borrowing raises long-term economic concerns. ISLAMABAD – Pakistan’s total liquid foreign[Read More…]

Download IPFS In a step to bolster its pension reform agenda, the Government of Khyber Pakhtunkhwa (KP) signed a new agreement with Pak-Qatar Family Takaful Limited under the Contributory Provident Fund (CPF) scheme. The agreement, finalized under the supervision of the Advisor to the Chief Minister on Finance and Inter-Provincial[Read More…]

Download IPFS The Federal Board of Revenue (FBR) has achieved a historic milestone, collecting over Rs. 1 trillion in taxes for June 2025, contributing to a robust fiscal year 2024-25. Driven by reforms and digitalization, the FBR’s success reflects growing economic discipline, though challenges like high debt servicing persist. This[Read More…]

Download IPFS Pakistan’s foreign exchange reserves dipped by $69 million in the week ending July 18, 2025, as the State Bank of Pakistan (SBP) managed scheduled external debt repayments. Despite the decline, total reserves remain at $19.92 billion, bolstered by commercial banks’ holdings. This article examines the reasons behind the[Read More…]

Download IPFS Standard & Poor’s (S&P) Global Ratings has upgraded Pakistan’s sovereign credit rating to B- from CCC+, signaling confidence in the nation’s economic reforms and bolstered reserves. Announced on July 24, 2025, the stable outlook reflects optimism about fiscal stability, though challenges like high debt costs persist. This article[Read More…]

Download IPFS In a country where agriculture remains a lifeline for millions, bridging the gap between rural farmers and financial services is both a necessity and a challenge. On Wednesday, the State Bank of Pakistan, Banking Services Corporation (SBP BSC), held a recognition ceremony to honor banks that have shown[Read More…]

Download IPFS After years of stalled progress, K-Electric (KE), the private utility company managing Karachi’s electricity distribution, has finally begun releasing long-overdue electricity duty payments to the Sindh government. The amount, totaling over Rs32 billion, had been collected from consumers through their monthly electricity bills but remained unpaid for several[Read More…]

Download IPFS Pakistan secured a staggering $26.7 billion in foreign loans during the 2024 to 2025 fiscal year, marking the highest-ever borrowing in the nation’s history. The record amount reflects Pakistan’s growing reliance on external financing to meet budgetary needs and manage its economic challenges. According to data compiled by[Read More…]