ISLAMABAD: The Food and Agriculture Organisation (FAO) of the United Nations will convene a National Agricultural Investment Summit in Islamabad on February 3 to showcase concrete investment opportunities in Pakistan’s agriculture sector, particu
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
Pakistan’s 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
European Council president Antonio Costa arrived in India on Sunday, as the EU and New Delhi seek to seal a free trade pact, capping nearly two decades of negotiations between the economic behemoths. Costa and European Commission president
KARACHI: The new calendar year began with record foreign investment in domestic bonds, as inflows into treasury bills during the first 16 days of January crossed $114 million. Latest data released by the State Bank of Pakistan showed the co
ISLAMABAD: The maritime sector posted a record Rs100 billion profit in 2025, mainly due to reforms in port efficiency, cost reduction and the clearing of long-delayed policies. In its annual performance report, the Ministry of Maritime
KARACHI: A jump of $65 per ounce to $4,988 has pushed domestic 10-gram and one-tola gold (24kt) rates to new all-time highs of Rs446,812 and Rs524,162, respectively, reflecting an increase of Rs5,573 and Rs6,600 from Friday’s rates. Rates i
KARACHI: Moro Power Company (MPC) has secured approval from federal authorities to use the National Transmission and Dispatch Company’s (NTDC) infrastructure for its 100-megawatt hybrid wind and solar project, marking Sindh’s first business-to-bus
ISLAMABAD: Pakistan’s trade deficit with nine neighbouring countries widened by 44.42 per cent to $7.683 billion in the first half of FY26 compared to $5.320bn during the same period last year. The soaring deficit was mainly due to a dec
ISLAMABAD: Minister of State for Finance Bilal Azhar Kiani has said that QR codes have been made mandatory for retail outlets in Islamabad and across the provinces. “The government is promoting a cashless economy, and executive orders hav
GUJRAT: The Gujrat Chamber of Commerce and Industry (GtCCI) has called for the opening of an Anatolia visa application office in Gujrat and the launch of Turkish Airlines flights from Sialkot International Airport, aiming to benefit the local busi
KARACHI: The Pakistan Stock Exchange (PSX) extended its rally for a third consecutive week of the current month, closing at a fresh all-time high amid strong investor optimism over an expected cut in the policy rate, despite weaker external accoun
India and Europe hope to strike the “mother of all deals” when European Union (EU) chiefs meet Prime Minister Narendra Modi in New Delhi next week, as the two economic behemoths seek to forge closer ties. Facing challenges from China and th
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), increased 4.18 per cent year-on-year in the week ending Jan 22, owing to an increase in the retail price of wheat flour and pulses in the domestic market. The SP