Business Recorder

Social activist Sonam Wangchuk’s wife has approached an Indian court seeking permission to transfer him from a government hospital to a private ​facility, alleging he was being held in “illegal detention,” she said on ‌Sunday. Read more: brecorder.com/news/40430758/… #SonamWangchuk

The US said it had completed an eighth straight night of attacks against Iran after earlier announcing that two US ​military personnel were killed in Jordan and another was missing following an Iranian attack. Read more: brecorder.com/news/40430762/… #USandIran

Iran’s Supreme Leader Mojtaba Khamenei said ​in a written statement that repeated US breaches of a ​MoU ​signed by the presidents ⁠of Iran and the ​US had ​shown that President Donald Trump’s signature was “utterly worthless and devoid ​of credibility.” brecorder.com/news/40430750/…

The twin earthquakes that struck Venezuela last month killed over 5,000 people, officials said, while announcing they drew hundreds of millions of dollars from the International Monetary Fund (IMF) for reconstruction. Read more; brecorder.com/news/40430687/… #earthquakes #Venezuela

The World Bank is preparing a USD 150 million financing programme for overhauling Sindh’s urban property tax system to increase revenue collection, strengthen municipal finances and improve service delivery across 45 local councils in the province. brecorder.com/news/40430724/…

Petroleum Division on Friday announced new fuel prices effective from July 18 to July 20, highlighted by a sharp hike in high speed diesel (HSD) and a slight increase in petrol. Read more: brecorder.com/news/40430635/… #PetrolPrice #HSDPrices

Finance Minister Muhammad Aurangzeb on Friday admitted that Pakistan’s corporate debt market remains underdeveloped compared to the economy’s financing needs, urging accelerated reforms to deepen the debt capital market, reduce dependence on bank lending brecorder.com/news/40430633/…

The SC on Friday held that a party’s concession on a legal issue cannot stop a court from reaching the correct interpretation of the law, ruling that courts are not bound by admissions made by parties or their counsel when deciding questions of law. brecorder.com/news/40430640/…

The country’s power generation declined by 2.5 percent in June 2026 compared to the same month last year, primarily due to disruptions in LNG supply from Qatar, which recently extended force majeure amid a war-like situation in the Middle East Read more: brecorder.com/news/40430628/…

The Oil Companies Advisory Council (OCAC) has welcomed the government’s decision to introduce daily pricing of petroleum products Read more: brecorder.com/news/40430726/… #OCAC

The Pakistan-China Pharmaceutical and Healthcare Business-to-Business (B2B) Investment Conference 2026 concluded on Saturday with the signing of 16 agreements involving an estimated USD 850 million in investment in Pakistan’s health sector. Read more: brecorder.com/news/40430735/…

PPP Chairman Bilawal Bhutto Zardari has endorsed the convening of an All Parties Conference (APC) on the security situation in Balochistan, saying that political dialogue remains the only viable solution to the province’s challenges. Read more: brecorder.com/news/40430737/…

The Prime Minister’s Office (PMO) is set to seek an explanation from the Pakistan Airports Authority (PAA) over the controversy surrounding the proposed Automated Border Control (ABC) E-Gate Project, following fresh parliamentary scrutiny. Read more: brecorder.com/news/40430725/…

Goods transporters on Saturday announced to enhance transport charges by 15 percent after hike in petroleum prices. Read more: brecorder.com/news/40430729/… #Goodstransporters #pricehikes

Lahore High Court (LHC) has held that a family court cannot block CNIC of a citizen in execution of a decree against him. Read more: brecorder.com/news/40430736/… #LHC #CNIC

Federal Minister for Petroleum Ali Pervaiz Malik on Saturday held a meeting with key petroleum sector stakeholders on the government’s transition from weekly to daily petroleum pricing Read more: brecorder.com/news/40430723/… #PetrolPrice #FuelPrices

Deputy Prime Minister and Foreign Minister Ishaq Dar and his Kuwaiti counterpart Sheikh Jarrah Jaber Al-Ahmad Al-Sabah on Saturday discussed the evolving regional security situation. Read more: brecorder.com/news/40430675/… #Kuwait #Pakistan #MiddleEast

Kuwait said on Saturday that Iran struck a power and water plant as well as an oil facility, accusing it of targeting civilian infrastructure as the Middle East war escalates. Read more: brecorder.com/news/40430672/… #PowerPlant #Kuwait #MiddleEast

Petroleum Minister Ali Pervaiz Malik on Saturday held consultations with oil industry stakeholders on the proposed transition from weekly fuel price adjustments. Read more: brecorder.com/news/40430668/… #Fuel #Pakistan

Pakistan has extended the closure of its airspace for Indian-registered aircraft and planes operated, owned or leased by Indian airlines and operators, including military flights, until August 24 brecorder.com/news/40430667/… #Pakistan #Airspace #India