Business

PSX takes heavy hit as KSE-100 plummets 6,000 points

PSX takes heavy hit as KSE-100 plummets 6,000 points

KARACHI: The Pakistan Stock Exchange (PSX) began the new business week on a negative note, continuing the losses from the…
Gold drops to $4,010 globally; falls to Rs523,762 per tola in Pakistan

Gold drops to $4,010 globally; falls to Rs523,762 per tola in Pakistan

KARACHI: Gold and silver prices recorded a notable decline in both international and local markets. In the global bullion market,…
Hanif Abbasi announces major rail reforms, regional connectivity plans, and infrastructure upgrades

Hanif Abbasi announces major rail reforms, regional connectivity plans, and infrastructure upgrades

ISLAMABAD: Federal Minister for Railways Muhammad Hanif Abbasi on Saturday announced a wide-ranging reform and development agenda for Pakistan Railways, highlighting infrastructure…
Pakistani freelancers earn over $500 million in 1HFY26

Pakistani freelancers earn over $500 million in 1HFY26

Pakistani freelancers generated over $500 million in foreign exchange earnings during the first half of the current financial year 2025-25, reflecting…
Punjab govt unveils free Iftar, Rs10,000 assistance under Rs40bn Ramazan Package

Punjab govt unveils free Iftar, Rs10,000 assistance under Rs40bn Ramazan Package

Punjab government has allocated Rs40 billion which will be given as financial assistance to 4 million poor families under the…
IMF says Pakistan’s power tariff changes must not hurt middle and lower-income families

IMF says Pakistan’s power tariff changes must not hurt middle and lower-income families

The International Monetary Fund is discussing proposed electricity tariff revisions with Pakistan authorities, the fund said in a statement to…
Government set to revise solar net metering rules following public pressure in Pakistan

Government set to revise solar net metering rules following public pressure in Pakistan

ISLAMABAD: The government is expected to revise regulations on solar net metering following strong public pressure. Authorities have taken steps…
CM Maryam appeals to PM for urgent potato export reforms

CM Maryam appeals to PM for urgent potato export reforms

Punjab Chief Minister Maryam Nawaz has written a letter to Prime Minister Shehbaz Sharif, urging immediate steps to ease difficulties…
SOEs witness 300% surge in FY25 net losses; 25 post Rs832bn in aggregate losses

SOEs witness 300% surge in FY25 net losses; 25 post Rs832bn in aggregate losses

ISLAMABAD: While witnessing a 300% surge in net losses of State Owned Enterprises (SOEs) in FY25, the finance ministry reported…
WTO chief urges China to shift on trade surplus

WTO chief urges China to shift on trade surplus

MUNICH: The head of the World Trade Organisation urged China to change its growth model, arguing that its soaring trade…
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