Business
Gold & Silver Prices Fall As Market Closes for the Weekend
Stalled US-Iran negotiations currently ignite massive volatility in precious metals. President Trump recently demanded historical conflict compensation from Tehran. This demand effectively freezes ongoing peace…
PSX Gains 446 Points as KSE-100 Nears 177,800
The Pakistan Stock Exchange (PSX) remained in positive territory during the first trading session on Friday, with the benchmark KSE-100 Index gaining 446.44 points, or 0.25%,…
Pakistan Banks’ Profit Falls 4% QoQ to Rs168 Billion in 2Q2026
Pakistan’s listed banks recorded Rs168 billion in profit during the second quarter of 2026, remaining flat year-on-year but declining 4% compared with the previous quarter, according…
IMF Mission to Visit Pakistan for $7 Billion EFF Review
The International Monetary Fund (IMF) is expected to send its review mission to Pakistan in September 2026 for the fourth review of the country’s $7 billion Extended Fund…
Govt Assures Exporters of Protection From Tax Officials
The federal government has assured exporters that newly established Export Facilitation Committees will help resolve tax disputes and protect businesses from unnecessary harassment by tax officials. Minister…
Govt Prequalifies 10 Bidders for FESCO Privatization
The Privatization Commission (PC) Board has prequalified 10 parties to participate in the next stage of the Faisalabad Electric Supply Company (FESCO) privatization process. The decision was made during…
New SECP Framework Cuts Red Tape for Stock Market Investors
The Securities and Exchange Commission of Pakistan (SECP) has rolled out a unified digital onboarding framework aimed at cutting the time and paperwork required to…
Gold & Silver Prices Drop Today in Pakistan
Stalled US-Iran negotiations currently ignite massive volatility in precious metals. President Trump recently demanded historical conflict compensation from Tehran. This demand effectively freezes ongoing peace…
Hub Power FY26 Profit Hits Rs. 48.6 Billion on Stronger BYD Contribution
Hub Power Company Limited (PSX: HUBC) reported a profit after tax (PAT) of Rs. 48.6 billion for fiscal year 2026, up 8% from Rs. 46…
Serious Questions Raised Over Rs. 556.8 Million Solar Deal at Pak Datacom
Serious financial, administrative and corporate governance concerns have been raised over a Rs. 556.8 million solar panel transaction involving Pak Datacom Limited, with a request…
SBP Foreign Exchange Reserves Rise by $17 Million
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $17 million during the week ended August 20, 2026, according to…
Peshawar Court Stops 3% Tax Collection From Steel Industry
The Peshawar High Court (PHC) has stopped authorities from recovering a disputed 3% additional tax from a steel industry petitioner, providing temporary relief while the…