Business
LAHORE: A record increase in sugarcane prices and incentives offered by sugar mill owners to growers has heightened fears of a further decline in cotton cultivation next year, even as environmental p
Business
ISLAMABAD: At a time when rice exports are steadily declining, the Ministry of Commerce has allocated around Rs15 billion for a rebate scheme on local taxes and levies for rice exporters, raising concerns about a potential rise in domestic prices.
Business
KARACHI: Mega Motor Company (MMC), in partnership with the worldās leading new energy vehicle (NEV) manufacturer BYD, has recently unveiled two electric sport utility vehicles (SUVs), the BYD Sealion 7 and the BYD Atto 2, at a dealership event in
Business
KARACHI: The Pakistan Stock Exchange (PSX) started the week on a sluggish note, marked by extreme volatility on Monday, as investors took profits following a record-breaking rally in the weekend session. In early trade, the benchmark KSE-10
Business
E-commerce giant Daraz on Monday announced an initiative to help sellers affected by the Gul Plaza inferno, saying it would launch a dedicated section on its website to sell their products and goods. The
Business
Pakistanās benchmark index, the KSe-100, closed in red at 188,587.66, down 579.16 points (-0.31 per cent) from the previous close. The total volume was 449.8 million shares at a value of Rs43.56 billion. The market fell to its lowest
Business
The State Bank of Pakistan (SBP) maintained its key policy rate at 10.5 per cent on Monday during its Monetary Policy Committee (MPC) meeting. Brokerage house Topline Securities noted that this ācame as a surpriseā as a majority of their pa
Business
Gold surged to a record high above $5,100 an ounce on Monday, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical uncertainties. Spot gold was up 2.2 per cent at $5,089.78 per ounce by 6:56am GMT
Business
Foreign Minister Ishaq Dar and his Burmese counterpart Than Swe held āvery productive and comprehensiveā discussions in Islamabad on Monday, as both Pakistan and Myanmar seek to revitalise ties. FM Than Swe
Business
The State Bank of Pakistanās (SBP) Monetary Policy Committee (MPC) is set to meet today to decide on the key policy rate. During the last MPC meeting, the central bank revised its benchmark ra
Business
Pakistanās benchmark index, KSE-100, was up 1,354.59 points, or 0.72 per cent, at 190,521.41 as of 12pm today, building on the previous close of 189,166.82. Mid-session trading saw the index fluctuate within a defined range, hitting a high
Business
Pakistan and Myanmar seek to enhance bilateral cooperation as Foreign Minister Ishaq Dar and his Burmese counterpart Than Swe meet in Islamabad on Monday. FM Than Swe
Business
ISLAMABAD: The Food and AgrĀiculture Organisation (FAO) of the United Nations will convene a National Agricultural Investment Summit in Islamabad on February 3 to showcase concrete investment opportunities in Pakistanās agriculture sector, particu
Business
Fire accidents in Karachi are not new, yet we treat each incident as an isolated tragedy rather than a symptom of systemic infrastructure failure. The Gul Plaza fire, which led to a structural collapse, tragic loss of life, and huge financial loss
Business
Pakistanās capital market is poised to enter a faster and more efficient phase as the Pakistan Stock Exchange (PSX) transitions from a T+2 to a T+1 settlement cycle, effective February 9, 2026. This shift, led by the Securities & Excha