Business
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
Business
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
Business
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.
Business
https://www.dawn.com/news/1969467
Business
ISLAMABAD: S&P Global Market Intelligence has projected a strengthening of Pakistan’s macroeconomic outlook in the current and next fiscal years, endorsing the State Bank of Pakistan’s (SBP) projections. Real GDP to expand 3.5 per cent
Business
ISLAMABAD: Despite higher allocations under the International Monetary Fund (IMF) compulsions, the government on Tuesday reported an actual 7.5 per cent decline in social protection spending but projected moderate inflation and economic momentum
Business
https://www.dawn.com/news/1969496
Business
ISLAMABAD: Pakistan and Australia on Tuesday discussed the possibility of an Intergovernmental Agreement (IGA) for structured, long-term cooperation in Pakistan’s mining and mineral sector. The IGA between the two sides was proposed by Petr
Business
KARACHI: Haleon Pakistan Ltd (HPL) on Tuesday announced it would invest £3.58 million in expanding and modernising its Panadol Liquid packaging line. In a stock filing, the company said this strategic investment is aimed at enhancing prod
Business
KARACHI: InDrive has claimed that it now holds around 60 per cent of Pakistan’s ride-hailing market, a position its founder and CEO Arsen Tomsky says stems from entering markets where both drivers and passengers feel squeezed by dominant platforms
Business
KARACHI: Amid rising demand for vehicles, two assemblers gave a robust performance. For example, Sazgar Engineering Works Ltd (SEWL) earned a profit of Rs8.4 billion in the IHFY26 compared to Rs6.6bn in the same period last year. Net sale
Business
ISLAMABAD: Accepting the authority of Parliament to legislate on imposing taxes, the Federal Constitution Court (FCC) on Tuesday — in a landmark ruling with far-reaching constitutional and fiscal implications — upheld the vires of the super tax.</
Business
Pakistan’s benchmark stock exchange, KSE-100, remained under pressure, closing in the red at 188,202.85 points, a 0.2 per cent fall from the previous close of 188,587.66 points. The index touched an intraday high of 189,521.32 points in ear
Business
Muhammad Ali Farid Khwaja has been appointed as the commissioner of the Securities and Exchange Commission of Pakistan (SECP) by the government for a period of three years, according to a notification issued by the Finance Division today. K
Business
Gold rose on Tuesday, after breaking through the $5,100 mark for the first time in the previous session, as geopolitical uncertainty underpinned safe-haven demand, while silver also hovered near all-time highs. Spot gold climbed 0.9 per cen