Beyond The Time News

Supreme Court of Pakistan Approves 100% Utility Allowance Hike for Employees from 2026

Islamabad: The Supreme Court of Pakistan has approved a 100% increase in monthly utility allowance for its employees, a major revision in staff benefits that will take effect from July 1, 2026, according to official details reported on Thursday. The decision was approved under Chief Justice of Pakistan Justice Yahya Afridi. The move applies across…

Petrol Prices in Pakistan May Drop Sharply as Global Oil Prices Fall After US–Iran Peace Deal

Islamabad: Petrol prices in Pakistan are likely to see a notable reduction in the upcoming fuel price review as global crude oil rates decline sharply following improved geopolitical conditions, according to market sources and official discussions. The expected relief comes after easing tensions linked to a reported US–Iran peace framework, which has helped push international…

Pakistan’s Tech Exports Reach Record $4.2 Billion as Current Account Returns to Surplus

Islamabad: Pakistan’s information technology sector continued its impressive growth trajectory during fiscal year 2025-26, with technology exports climbing to a record $4.2 billion in the first 11 months of the year. At the same time, the country’s external account position strengthened significantly, posting a current account surplus of $459 million in May 2026. According to…

Pakistan Unveils Simpler Electricity Bills to Improve Transparency and Customer Experience

Islamabad: Millions of electricity consumers across Pakistan will soon receive bills in a new format as the government moves to make billing information easier to understand and more accessible. The redesigned bills have been introduced by electricity distribution companies (Discos) under the Ministry of Energy’s ongoing reform programme. According to Beyond Time News, the new…

Oil Prices Ease as Investors Assess US-Iran Peace Deal Amid Ongoing Strait of Hormuz Uncertainty

Singapore: Global oil prices edged lower on Wednesday as markets continued to evaluate the implications of a developing US-Iran peace agreement, while uncertainty surrounding the complete reopening of shipping routes through the Strait of Hormuz prevented sharper declines. According to Beyond Time News, traders remained cautious despite hopes that diplomatic progress between Washington and Tehran…

Pakistan Stock Exchange (PSX) Surges 3,353 Points as Investor Confidence Strengthens on Economic Optimism

Karachi: The Pakistan Stock Exchange (PSX) continued its strong upward momentum on Tuesday, with the benchmark KSE-100 Index posting another sharp gain driven by heavy buying across key sectors and improving investor sentiment over the country’s economic outlook. According to Beyond Time News, the market extended its record-setting rally as investors responded positively to macroeconomic…

SBP Keeps Policy Rate at 11.5% as Inflation Accelerates to 11.7% in May Amid Economic and Geopolitical Pressures

Karachi: The State Bank of Pakistan (SBP) has decided to maintain its benchmark policy rate at 11.5%, as rising inflation, global uncertainty, and persistent cost pressures continue to shape the country’s economic outlook. According to Beyond Time News, the decision was announced following a meeting of the Monetary Policy Committee (MPC), which reviewed inflation trends,…

ECC to Reconsider Engro Vopak Terminal Lease Extension Amid Procurement Concerns

Islamabad: Pakistan’s Economic Coordination Committee (Economic Coordination Committee (ECC)) is set to revisit its earlier approval of a 30-year lease extension for Engro Vopak Terminal Limited, following serious objections over procurement compliance and transparency. The decision involving Engro Vopak Terminal Limited has been referred back by the federal cabinet for further review. The move comes…

Port Qasim Records Active Shipping Movement as Multiple Cargo Vessels Dock and Depart

Karachi: Port Qasim continued to witness steady maritime activity on Monday as several cargo vessels carrying containers, coal, palm oil, and liquefied petroleum gas (LPG) berthed, sailed, or remained scheduled for arrival, reflecting ongoing trade flow through one of Pakistan’s busiest ports. According to Beyond Time News, the port handled multiple vessel movements over the…

Pakistan Stock Exchange Surge: KSE-100 Jumps Nearly 2.7% as US-Iran Deal and Falling Oil Prices Boost Investor Confidence

Karachi: Investor confidence returned strongly to the Pakistan Stock Exchange (PSX) on Monday as easing geopolitical tensions, declining global oil prices, and optimism surrounding Pakistan’s growth-focused federal budget fueled one of the market’s strongest rallies in recent months. According to Beyond Time News, the benchmark KSE-100 Index closed at 177,039.82 points, gaining 4,639.92 points or…