Business

Safe-haven edges up Rs1,000 to Rs354,100 on US-China pullback; rupee slips 14 paisa to 282.11/$

Clears digital services tax worth Rs10b, middle income groups may get relief

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Petroleum minister announces revival of Cabinet Committee on Energy, deepens ties with Azerbaijan's SOCAR

Industry supplies 42.8m tons in July-May FY25 against 41.7m tons last year

APTMA, PCGA, cotton body warn of industrial collapse; PHMA defends EFS

KSE-100 index surges 1,573 points and settles well above 120k

CCP slaps Rs375m in penalties over cartel behaviour; FMPAC to challenge order in court

Lends support to joint projects, tech transfer and capacity building

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The price of 24-karat gold increased by Rs1,000 per tola, bringing it to Rs354,100, mirroring international trends

Sets economic growth target at 4.2% for next year as Iqbal warns of compromises to growth.

Record-breaking bullish sentiment comes ahead of Pakistan's budget this month

Spike ends 18-month downtrend as CPI becomes double of govt's forecast; food, fuel prices put strain on households

Consumers will have to pay billions of rupees under new KE multiyear tariff

Outlines efforts to integrate rail, road corridors with ECO network

Index falls 813 points as inflation, geopolitical pressure dampen sentiment

Local price soars by Rs5,900/tola amid escalation between Russia and Ukraine, rupee gains 5 paisa to 281.97/$

The CEO insists that pending requests for new connections, the over-billing issue will be addressed swiftly

Regulator will also take action if OMCs could not lift the required products from refineries

US West Texas Intermediate crude was up $1.63, or 2.68%, at $62.42.

SBP governor, SECP chairman and IT ministry officials discuss crypto regulation in high-level meeting

Sanofi moves to buy Blueprint Medicines for $9.5 billion, expanding its rare disease and immunology drug pipeline

Energy ministry says high K-Electric tariff may cost Rs59b over 2 years, urges NEPRA to review national grid pricing

Silver prices remain steady at Rs3,356 per tola and Rs2,962 per 10 grams, with no change reported

Average inflation rate for July 2024 to May 2025 stood at 4.61%, compared with the corresponding period in 2023–24

Optic fibres should follow suit, backed by facilitating regulatory framework

The milestone reflects Pakistan's vision for export-driven economic growth

To fix budget, govt must remove non-filer category, enforce real compliance

Tax reform should scrap incentive to hide income, generate revenue efficiently

Game-changing ideas and transformative actions, not routine fixes, are what Pakistan needs now

While economy has averted crisis, growth forecasts remain subdued

Finance minister says govt committed to maintaining macroeconomic stability, deepening structural reforms

Says new tribunal members should not hear tax cases due to past affiliations

Energy Ministry says cost of power generation increasing

Decides to establish 'EV Fund' to support growth of electric transportation

Increase of 411,000 bpd for July as Saudi Arabia, Russia seek to win back market share

KSE-100 rebounds 0.49% WoW as local buyers absorb foreign selling

CAP calls for fixed GST on digital sales, revival of prize scheme

The meetings were attended by different stakeholders, including representatives from FPCCI.

Advocates for enhanced promotion, skill development in South Punjab, Balochistan

Rupee devaluation increases cost of imports, resulting in higher fuel and food prices

Siyal noted that Sindh was among the regions most vulnerable to climate change globally

Chaudhry says MCCI to unify maritime sectors, push sustainable growth as climate threats rise in Global South

He planned to increase tariffs on imported steel and aluminium to 50% from 25%

Rising debt repayments, IMF targets pressure foreign exchange markets

Inflation seen at 7.5% as tight fiscal, monetary policies continue

However, mixed price trends push yearly SPI up 0.41%

It comes despite levying record new taxes, taking advances, blocking refunds

KSE-100 rallies 720 points, driven by blue-chip buying in oil, banking and fertiliser sectors