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KARACHI: After initial volatility, the Pakistan Stock Exchange (PSX) on Monday extended weekend recovery momentum and managed to settle above the 185,000-point milestone as banking scrips attracted value-hunters, though cement and fertiliser secto
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Consumer price inflation rose 5.8 per cent year-on-year in January, official data showed on Monday, underscoring the central bank’s warning that price pressures could temporarily breach its target band as economic activity picks up. The rea
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Pakistan’s benchmark index, KSE-100, rebounded late afternoon on Monday after a dip in early intraday trading to close in the green, up 0.48 per cent from its last close. The index closed at 185,057.83 points, an increase of 883.35 points f
Business
Pakistan’s benchmark index, KSE-100, rebounded late afternoon on Monday after a dip in early intraday trading. The index had been down 0.18 per cent from its previous close of 184,174.48 points at 11:20am, to 183,840.03 points. However, by
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Pakistan’s benchmark index, KSE-100, shed 334.45 points during early intraday trading on Monday. The index was down 0.18 per cent from its previous close of 184,174.48 points at 11:20am, to 183,840.03 points. This drop comes on the h
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Reports of the dollar’s imminent demise may be exaggerated. However, the sharp gold price surges in recent years highlight that a consequential change in the international financial system is underwa
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ISLAMABAD: After its inaugural meeting almost two months ago amid much fanfare, the NatiÂonal Finance Commission (NFC) has seemingly gone into hibernation as its second session, originally scheduled
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While the old global order will take time to remould, echoes of fresh ideas grounded in the latest research by academic social scientists are reverberating across the international political, economic and social landscape, with the potential to sh
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KARACHI: The Pakistan Stock Exchange (PSX) wrapped up the first month of calendar year 2026 on a firm footing, scaling fresh all-time highs. However, a sharp sell-off in the final week dragged the benchmark lower as investors booked profits amid m
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United States President Donald Trump on Saturday said India will buy Venezuelan oil, as opposed to purchasing oil from Iran. “We’ve already made that deal, the concept of the deal,” Trump told reporters while on Air Force One, en route to F
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ISLAMABAD: The International Bank for Reconstruction and Development (IBRD) has approved a $378.9 million loan for a major power transmission project in Pakistan. The initiative, aimed at improving the country’s transmission infrastructure
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ISLAMABAD: While maintaining the price of petrol for the next fortnight, the government has increased the price of high-speed diesel (HSD) by Rs11.30 per litre. The announcement by the Petroleum Division said the new prices had been set on
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ISLAMABAD: The Federal Board of Revenue (FBR) recorded a significant 16 per cent increase in tax collection for January, amounting to Rs1.031 trillion, compared to Rs873 billion in the same month last year. This growth has revived expectat