Business

KSE-100 surges around 2,850 points in epic rally, nears 168,500

Total stands at $19.79b; gold falls Rs2,500/tola after Fed caution

Government allocates Rs3.5 billion subsidy to boost merchant adoption

Emphasise need for sector-specific safeguards, fiscal transparency

.

OMCs sell 1.4m tons in Sept 2025, higher by 8% YoY and 5% MoM

Millers say they can achieve even better growth if levies are cut

A total of 776 million shares were traded, reflecting bullish sentiment and heightened investor participation

Per tola gold rate falls by Rs2,500

Beats finance ministry’s maximum forecast of 4.5% issued just one day ago as non-perishable food prices drive increase

Universal and Warner could each strike deals with AI companies within weeks

Japan emerges as key beneficiary; geopolitics, tariffs and energy constraints reshape returns

Index adds 147 points on institutional buying ahead of new earnings season

Will form joint venture to give boost to oil, gas exploration

The debt-to-GDP ratio had improved from 77% in FY20 to 70% in FY25

Minister says collective model will cut costs, ensure fair profits for farmers and reduce reliance on imports

Proposal seen as extension of security alliance leading to economic dividends

A total of 269,161 applications were received, out of which 40,000 qualified in the e-balloting

Precious metal at new peak as dollar weakens, US shutdown looms; SBP raises Rs2.13tr

The well was drilled using OGDC's in-house expertise

PTCL to acquire 100% stake in Telenor, Orion Towers; CCP sets strict terms

Precious metal up by $35 per ounce in international market, taking it to Rs410,278 per tola in local market

Holds Pakistan's growth forecast at 3%, urges consistent policy implementation

Aleem Khan stresses Islamabad-Tehran-Istanbul road link critical; discusses CPEC corridor

Index soars 1,646 points as banking sector, IMF review fuel rally

Income tax returns filing remains slow as slightly over 4m filers submit papers

Watchdog's probe faces political pressure but sets safeguards to prevent dominance

Developed with Citibank and Deutsche Bank as sustainability coordinators

Ministry of Industries will expedite approval of draft Motor Vehicle Industry Development Act, 2025

Historic textile giant scales back as rising costs, tax changes and regional competition force closure

SBP to raise funds via PIB and MTB auctions; gold hits new peak at Rs406,778

Govt tells IMF floods will not hurt stability, though exports may dip by $1b

Decision was taken in response to requests from various business, tax bar associations, and general public

The revised prices come into effect immediately from October 1

The benchmark index surged by 1,645.90 points to close at 165,493.58

Move signals growing acceptance of these digital tokens among major businesses

FinMin says govt will streamline process for profit repatriation

Index gains nearly 1,600 points as investors resort to robust buying

LCCI urges PM, FinMin to consider flood disruptions, technical glitches and risk of penalties for taxpayers

Food processing, tourism, skills training and IT among key PBIT initiatives aiming for $50b in exports

OGDC's five new discoveries reflect Pakistan's vast hydrocarbon potential

Bristow, who became CEO in 2019 when Barrick acquired Randgold

New plan cuts 7,000MW projects; stresses transparency, affordability and reliance on local resources

Metso to supply modern equipment, train local workforce, expand presence in copper mining

Internationally, safe-haven asset crosses $3,800/oz on geopolitical tensions; silver also at record high

At public hearing, NEPRA asked to approve tariff hike of 19 paisa per unit

Authority says no general extension will be granted, only 15-day individual relief allowed under specific conditions

KSE-100 index gains nearly 1,600 points amid buying spree throughout the session

Rate for 10 grams rises by Rs5,058

Adjustments will be made after prime minister's approval