Business

Lack of pricing policy stalls shale gas; industry eyes new minister for exploration incentives

Bullion slides Rs1,800 despite global surge; rupee weakens Rs0.19 to 281.71/$

TEVTA chairman emphasises need for skill development aligned with industry needs

New Delhi attempted to block the approval during IMF’s Executive Board meeting.

The rate for 10 grams of 24-karat gold also dropped by Rs1,543.

Discovered well yields 30.01 MMSCFD of gas at a 64/64” choke, with a wellhead pressure of 1,482.5 psi.

Investor attention is now on the IMF meeting later today, where Pakistan hopes to secure a $1.3 billion disbursement.

Aims to raise over 300 billion yuan ($41.46b) to spur innovation amid US tech curbs

Index crashes 6,482.21 points as Pakistan stresses right to act in self-defence

Trump outlines first US-UK trade deal

Karachi's business community seeks interest rate cuts ahead of budget 2025-26, demand low power tariff

Highlights macroeconomic gains, reform agenda at Pakistan Access Day

Quantum, AI, surgical robotics lead China's innovation showcase

The Minister's visit also underscored the importance of national food security.

Central bank FX rise to $10.3b; private banks hold $5.2b; gold falls Rs4,200

On the supply front, the OPEC+ will increase its oil output, pressuring prices.

Govt misses PSDP targets, may spend Rs449b against set amount of Rs1.1tr

The KSE-100 had closed at 110,009.02 points in the previous session.

Index plunges over 6,500 points before staging partial recovery

In meeting with Ali Rathore, minister says will assess provincial crop needs first

Rs20-30b issuance seeks to fund environmentally sustainable projects through PSX

Pledges round-the-clock supply; Petroleum Minister explores clean energy partnerships

Digitisation, licensing overhaul, and fee restructuring at core of reform push

Bullion rose only Rs800 to Rs356,900/tola; rupee loses 10 paisa to 281.47/$

The CMIIs were further advised to reinforce their physical security arrangements at all facilities.

Eurobond, Sukuk prices rise, yields drop amid IMF support, stronger macro indicators

The trade talks between the world's two largest economies come after weeks of escalating tensions

Deal stays on track, but Rs394b revenue gap strains budget

Gold rose by $8 per ounce in the international market, a trend reflected in local market as well.

Economists urge investment bank, trade corridors to deepen Pak-Kazakh ties

WeightWatchers files for bankruptcy, citing competition from drugs like Ozempic; vows to relaunch with holistic focus.

Share prices of Chinese jet maker CAC spike after reports of PAF downing Indian Rafale jets; Dassault stock falls.

Mulling limits on SEZs' tax-free status from FY2025-26

Raises concern over undefined trade rules with Iran, Russia, Afghanistan

KSE-100 index loses 533.73points amid Moody's economic warning

Officials say hopes of drop in bank's interest rates purely due to IMF qualification may be unrealistic

Industry leaders urge unified response to tackle repressive tax measure, save industries

Refinery upgrade plans stall as investors await Brownfield policy, tax clarity

Urges tariff restructuring, simplified tax regime to boost industrial growth

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At annual meet, US, China come with daggers drawn, India showcases digital progress, Pakistan’s requests remain same.

The price of silver also increased, with one tola of silver rising by Rs57 to Rs3,482.

Govt cuts provinces' share by 40%; Balochistan gets Rs55b for solar tube-wells

MG streamlines for HS PHEV buyers with wall-mounted 7kw charger

Policy uncertainty, rupee volatility, India trade tensions weigh on investor sentiment

Minister proposes business forum, greater Japanese investment in key export sectors

Business leaders urge reversal, demand single-digit interest rate

In the international market, gold surged by $76 during the day, closing at $3,316 per ounce

SBP surprises with 100bps rate cut on easing inflation; economic headwinds persist