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Pakistan’s benchmark KSE-100 index remained under pressure during early intraday trading today, slipping sharply. At 11:05am PST, the index was trading at 186,658.35 points, down 1,722.03 points, or 0.91 per cent, from its
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India’s gold demand is likely to fall in 2026 following a drop of 11 per cent last year, as a surge in prices dampens jewellery sales and offsets an uptick in investment buying, the World Gold Council (WGC) said on Thursday. Demand for gold
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ISLAMABAD: Amid the alleged waste of public funds on managing imported wheat stocks since 2021-22, the Economic Coordination Committee (ECC) of the Cabinet on Wednesday decided to offload 800,000 tonnes of wheat — less than half of the total stock
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ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday challenged the Power Division’s circular debt report, calling it technical adjustments, accounting reclassifications, and changing goal posts without a ma
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ISLAMABAD: Amid the government’s narrative of returning to macroeconomic stability, the country’s textile exporters upped the ante against uncompetitive energy costs, high tax rates and challenging financial costs and demanded broad-based fiscal s
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KARACHI: Gold prices skyrocketed on Wednesday, with the 10-gram and one-tola rates surging by single-day record rally of Rs18,090 and Rs21,100, respectively, to Rs472,961 and Rs551,662. The All Pakistan Sarafa Gems and Jewellers Associatio
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ISLAMABAD: With rice exports under pressure, the commerce ministry has stepped up diplomatic outreach to expand market access by engaging Islamabad-based ambassadors of major rice-consuming countries, hoping to arrest and reverse the downward tren
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KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has expressed concern over the government’s move to aggressively recover super tax following the recent decision of the Federal Constitutional Court (FCC) upholding its legality.
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ISLAMABAD: Pakistan and Sri Lanka on Wednesday established a Joint Working Group on IT and Digital Economy to collaborate in emerging technologies and digital transformation. During the 13th Session of the Joint Economic Commission (JEC) h
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• Islamabad seeks Chinese investment to move mining beyond extraction • Chinese firms invited to Minerals Investment Forum 2026 ISLAMABAD: Amid a global race for critical minerals and rare earths, Pakistan on Wednesday reaffirmed China
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ISLAMABAD: Disposing of a batch of appeals, petitions and transfer cases, the Federal Constitutional Court (FCC) has upheld the vires of the super tax, holding that Sections 4B and 4C of the Income Tax Ordinance (ITO) 2001 are neither discriminato
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Pakistan’s benchmark KSE-100 index closed Wednesday’s session marginally higher, at 188,380.38 points, up 177.53 points or 0.09 per cent from the previous close of 188,202.85. The index hit an intraday high of 189,183.88 points and a low of
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Planning Minister Ahsan Iqbal on Wednesday stressed that the development of the country’s mineral sector “cannot happen without strategic partners”, particularly China. Pakistan’s mineral wealth is estimated at $8 trillion, spread across 60
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Pakistan’s benchmark KSE-100 index traded higher in the first half of Wednesday’s trading session The index was trading at 188,931.93 points, up 729.08 points, or 0.39 per cent, from its previous close of 188,202.85 at 1:05pm PST. It touche
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Gold broke through $5,200 for the first time on Wednesday, as the dollar plunged to a near four-year low amid persisting geopolitical concerns, ahead of a US Federal Reserve monetary policy decision. Spot gold jumped 1.4 per cent to $5,262.