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NA panel seeks PM’s intervention to resolve potato crop crisis

<p>ISLAMABAD: The National Assembly’s standing committee on national food security and research sought the intervention of Prime Minister Shehbaz Sharif for resolution of potato crop<a href="https://www.dawn.com/news/1965543"> crisis </a>and requesti

Business

Petrol tax hike on cards to offset diesel price rise

<p>ISLAMABAD: The government may have to increase the tax on petrol again if it were to minimise the estimated Rs10 per litre hike in diesel prices later this week to keep inflation in check. </p> <p>Informed sources said benchmark crude prices had

Business

Meltdown on PSX: index plunges over 6,000 points

<p>KARACHI: Equity prices fell like ninepins on Thursday as the Pak­istan Stock Exchange (PSX) came under intense selling pressure, driven by escalating geopolitical tensions and a negative corporate earnings surprise that unnerved investors.</p> <p>

Business

Power bills to bite harder in February; govt working on incentive tariff package

<p><a href="https://www.dawn.com/news/1969804">https://www.dawn.com/news/1969804</a></p>

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National Assembly panel seeks detailed report on PIA accord, employee safeguards

<p><a href="https://www.dawn.com/news/1969843/deal-signed-to-officially-put-pia-under-new-management#:%5C~:text=NA%20body%20seeks%20details">https://www.dawn.com/news/1969843/deal-signed-to-officially-put-pia-under-new-management#:\~:text=NA%20body%2

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AGP audit observations cannot be used against taxpayers: Supreme Court

<p>ISLAMABAD: The Supreme Court on Thursday ruled that audit observations by the Auditor General of Pakistan against government entities of the federal or provincial governments cannot be used by tax authorities to initiate audit proceedings against

Business

KSE-100 sheds over 6,000 points

<p>Pakistan’s benchmark KSE-100 index remained under pressure on Thursday, closing in the red at 182,338.12 points, a sharp slip of 6042.26 points, or 3.21 per cent, from its <a href="https://www.dawn.com/news/1969669"><u>previous close</u></a> of 18

Business

Oil prices gain 1.5pc on increasing concerns of Iran attack

<p>Oil prices rose 1.5 per cent on Thursday, extending gains for a third day, on increasing concerns the US may carry out a military attack on key Middle Eastern producer Iran that could disrupt supply from the region.</p> <p>Brent crude futures rose

Business

KSE-100 falls over 6,000 points during intraday trading

<p>Pakistan’s benchmark KSE-100 index remained under pressure during intraday trading today, slipping sharply.</p> <p>At 2:25pm PST, the index was trading at 182,248.85 points, down 6131.53 points, or 3.25 per cent, from its <a href="https://www.dawn

Business

KSE-100 falls over 1,500 points during early trading

<p>Pakistan’s benchmark KSE-100 index remained under pressure during early intraday trading today, slipping sharply.</p> <p>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 <a href="https://

Business

India’s gold demand to fall in 2026 as jewellery slump offsets investment rise

<p>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.</p> <p>Demand for gold

Business

ECC okays offloading 0.8m tonnes of wheat

<p>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

Business

FPCCI disputes power circular debt report

<p>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

Business

Textile exporters demand relief package

<p>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

Business

Gold price soars to Rs551,662 per tola

<p>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.</p> <p>The All Pakistan Sarafa Gems and Jewellers Associatio

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