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Reforms okayed to ease business operations

ISLAMABAD: The Cabinet Committee on Regulatory Reforms approved a comprehensive set of reforms aimed at reducing regulatory bottlenecks and establishing a faster, clearer and more predictable regulatory framework for businesses across the countr

Business

Policy consistency for pharma sector assured

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday assured the Pharma Bureau, the representative body of multinational pharmaceutical companies, of the government’s commitment to policy consistency and effective governance. The del

Business

US floats price floor plan for critical minerals

• Proposes a preferential trading arrangement to cut reliance on China • Pakistan weighs options to maintain ties with both Washington and Beijing WASHINGTON: The United States on Wednesday outlined plans to establish

Business

Parliamentary panel flags decline in exports

ISLAMABAD: A parliamentary committee on Wednesday expressed concern over the continued decline in commodity exports, while the commerce ministry maintained its stance, outlining proposed policy measures to promote exports. The National Asse

Business

Bulls sustain rally as KSE-100 rises over 900 points

Pakistan’s benchmark index, KSE-100, closed in the green at 187,832.08 points on Wednesday. The index rose 931.35points (0.5 per cent) from its previous close of 186,900.73. Topline Securities noted that “overall market participation was ro

Business

Oil extends climb on fears of escalating Middle East tensions

Oil prices extended gains on Wednesday after the US shot down an Iranian drone and armed Iranian boats approached a US-flagged vessel in the Strait of Hormuz, rekindling fears of an escalation in tensions between Washington and Tehran. Bren

Business

Bulls sustain rally, with KSE-100 up over 1,000 points during early trading on Wednesday

Pakistan’s benchmark index, KSE-100, was trading higher at 10:45am on Wednesday, up 1,105.24 points from its previous close. The index had risen 0.59 per cent to 188,005.97 points from Tuesday’s close of 186,900.73 points. Trading vo

Business

Gold extends rally, jumps over 2pc as US-Iran tensions flare

Gold prices extended gains on Wednesday on safe-haven appeal, as renewed geopolitical tensions between the US and Iran added to the yellow metal’s recent upswing that saw it mark its best day since 2008 in the previous session. Spot gold ga