KSE-100 Surges Past 165,000 as Gold Hits Historic High Karachi — The Pakistan Stock Exchange (PSX) extended its bullish rally on Tuesday, with the benchmark KSE-100 index climbing 1,296.48 points, or 0.79%, to 165,144.16 at 10:14 AM. The market had closed a day earlier at 163,847.68 points. Market watchers say the rally is being […]
ADB Warns Flood Risks Threaten Pakistan’s Economic Growth Islamabad — The Asian Development Bank (ADB) has cautioned that recurring natural disasters, particularly floods, continue to threaten Pakistan’s economic stability despite signs of recovery. In its latest Asian Development Outlook report, the ADB projected Pakistan’s GDP growth to hover around 3% in FY2026, with inflation expected […]
PKR Shows Mixed Trends Against Major Currencies Amid Global Market Fluctuations Karachi: The Pakistani Rupee (PKR) experienced minor shifts against major international currencies in the latest interbank market update, reflecting global economic movements and steady remittance inflows supporting local currency stability. According to data derived from the weighted average of closing interbank rates for the […]
Gold Hits Historic High of Rs400,000 per Tola in Pakistan Karachi: Gold prices in Pakistan surged to record levels on Monday, with domestic rates crossing the Rs400,000 mark per tola for the first time in history, according to the All Pakistan Sarafa Gems and Jewellers Association. The price of 24-karat gold jumped by Rs5,900 per […]
PIA Offers Discounted Tickets to Canada Amid Temporary Flight Suspension Pakistan International Airlines (PIA) has announced a special discount for passengers traveling to Canada. Travelers can book discounted tickets until October 10, with travel dates valid from September 30 to December 19. The move comes after PIA temporarily suspended its flights to Canada from September […]
NEPRA to Hear CPPA Petition on Electricity Tariff Hike, Impacting K-Electric Consumers ISLAMABAD/KARACHI – The Central Power Purchasing Agency (CPPA) has submitted a petition to the National Electric Power Regulatory Authority (NEPRA), which is scheduled for a public hearing today. The proposed monthly adjustment would also affect K-Electric consumers. According to CPPA data, Pakistan generated […]
Toyota Workers Approve Layoffs After Storm Damage Halts Production in Brazil São Paulo – Toyota workers in Brazil have approved a temporary layoff plan after a powerful storm severely damaged the company’s engine factory in Porto Feliz earlier this month. The facility, which supplies engines for several models, was hit by heavy rain and winds […]
FBR to Intensify Tax Audits, Remove Market Value Column from Returns Islamabad – The Federal Board of Revenue (FBR) is set to tighten audits of income tax returns filed by the business community, officials confirmed. According to FBR sources, taxpayers who underreport their income, hide wealth, or submit false or misleading details will face strict […]
Qatari Riyal Sees Mild Softening Against Pakistani Rupee Amid Stable Markets Islamabad – The Qatari Riyal (QAR) has shown a slight softening against the Pakistani Rupee (PKR) in recent weeks, reflecting a shift from earlier highs, although Qatar’s energy-driven economy remains stable in calm market conditions. Over the past two months, the QAR has experienced […]
Pakistan Unveils People-Centric Phase II of CPEC, Aiming for $3 Trillion Tech Economy by 2047 Islamabad – Speaking after the 14th Joint Cooperation Committee (JCC) meeting on the China-Pakistan Economic Corridor (CPEC), Minister for Planning Ahsan Iqbal outlined ambitious plans for Phase II of the project, emphasizing its focus on people, education, and innovation. Iqbal […]
