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
Business
Govt steps up efforts to revive rice exports
<p>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
Business
Aggressive super tax recovery opposed
<p>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.</p>
<p
Business
Pakistan, Sri Lanka launch digital partnership
<p>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.</p>
<p>During the 13th Session of the Joint Economic Commission (JEC) h
Business
Pakistan, China launch e-mining platform, sign several MoUs
<p>• Islamabad seeks Chinese investment to move mining beyond extraction<br />• Chinese firms invited to Minerals Investment Forum 2026</p>
<p>ISLAMABAD: Amid a global race for critical minerals and rare earths, Pakistan on Wednesday reaffirmed China
Business
Super tax provisions not violative of fundamental rights, FCC holds
<p>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
World
Border agents involved in fatal shooting of Alex Pretti placed on leave
As Trump and the Minneapolis Mayor spar over social media on immigration law enforcement, the US continues to be roiled by the killing of nurse Alex Pretti.
World
Plane crashes in Colombia, killing all 15 on board
State ariline Satena says its aircraft carrying 13 passengers and two crew "suffered a fatal accident".
World
At least five killed after Storm Kristin hits Portugal
The storm toppled trees, damaged homes and left more than 800,000 people without power.
World
Colombia launches search for missing plane carrying 15 people
Contact with the aircraft was lost just minutes before it was due to land in northern Colombia, state airline Satena says.
World
At least five killed after Storm Kristin sweeps across Portugal
The storm toppled trees, damaged homes and left more than 800,000 people without power.