Business

Iqbal reiterates quality over quantity at JCC meet

REER index appreciates to 98.6 in July 2025 while rupee extends winning streak

Assigns Caa1 rating, changes outlook on long-term deposits to stable

Reduces penalty from 7.5% to 2% of turnover for LDI operators

PM aide defends sugar millers, saying price hike stems from low cane output

Disruption hindered business operations and banking transactions, triggering widespread frustration on social media

Fitch, Moody’s upbeat economic outlook, circular debt reforms propel KSE-100 index higher by 1,574 points

Weight-loss drug sales may top $150B by early 2030s, driven by rising demand for Zepbound and Wegovy drugs

10 grams of gold dropped by Rs943

Delegation to arrive soon to meet manufacturers, evaluate export potential

Says current system hinders progress, public welfare

Tehran to import Pakistani rice, mangoes, meat and maize; move towards agricultural cooperation, FTA framework

Conference discusses policy impact of research for growth in developing states

PRA plays a central role in providing resources for public development projects, infrastructure, social services

Rates rise by Rs1,500 per tola as global market jumps; silver stays unchanged

Strong earnings, stable rupee drive index up by 1,705 points to above 148k

Focus on climate resilience, agriculture, and sustainable financing

Says dilly-dallying will pose risk to concessionary financing, make project unviable

Low domestic savings, weak corporate debt and equity markets seen as hurdles to growth

Lender pushes for removing finance secretary from board, filling vacant posts

Stronger corporate earnings, rupee stability also fuel investor interest as index rises past 148,000

Major policy overhaul presents rare opening for countries like Pakistan to gain market share

Liberal policies deepen inequality while principles of Riba-free finance, Zakat redistribution remain neglected

It is opportune time to engage with US, China and other countries to explore vast reserves

This is not about beating India; it's about being present as world reshuffles sourcing decks

SBP conducts sterilisation operation by selling govt securities to mop up excess liquidity in banking system

Bangladesh's resurgence threatens to crush Pakistan's dominance in the sector

Only one bidder was rejected for failing to provide mandatory bid security document

Only one bidder was rejected for failing to provide the mandatory bid security document

Letin will set up plant in Punjab; competition among automakers intensifies

Decision deepens uncertainty for employees as PM pushes digital overhaul

Businessmen seek policies that support digital infrastructure, promote reliable payment gateways

Declares 'export emergency,' saying 4th 'Uraan Pakistan' hinges on external trade, identifies eight sectors

KSE-100 index closes up 0.8% at 146,492 as Moody's upgrade lifts sentiment

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Prices will likely see only small dip in near term

Bond designed to attract private capital for vocational education and training

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Asks labour board to order binding arbitration, union seeks parity on wages with Air Transat

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LSM contracts 0.74% in FY25 on cement, steel, machinery but QIM grows 4.14% YoY

Price of 10 grams of gold fell by Rs771

Finance minister says economy is improving; Moody's upgrade signals reform success

Index slips 38 points amid SOE concerns, IMF review uncertainty

SBP holdings rise $11m; Rs12tr injected into banking system

Business leaders warn narrow tax base, high energy costs, and IMF-driven revenue targets threaten industrial survival

Makes decision while reviewing case seeking tariff relief for export-focused sectors

Malik warned that the poorest countries are being left behind in the fight against environmental degradation

Hydrocarbon production slumps 12% in FY25 deepening energy security fears; gas down 8% on surplus LNG, policy shifts

Also eyes cooperation in IT sector, wants to diversify markets