Business
PSX Recovers Sharply After Early 2,600-Point Plunge
IGI Moves Closer to Akzo Nobel Pakistan Takeover After CCP Nod
The Competition Commission of Pakistan (CCP) has cleared IGI Investments (Private) Limited’s acquisition of a 98.31 percent stake in Akzo Nobel Pakistan Limited, removing a…
Fatima Gobi Ventures Just Became Pakistan’s Premier Venture Capital Firm
Fasset’s achievement of $1 billion valuation marks a watershed moment for Pakistan’s venture capital ecosystem. Fatima Gobi Ventures, which co-led Fasset’s $22 million Series A…
FBR Sets Three-Day Deadline for Low-Risk Sales Tax Registrations
The Federal Board of Revenue (FBR) has introduced a risk-based system to speed up sales tax registration for businesses, with low-risk applicants to be processed…
Gold & Silver Prices Slightly Drop & Stabilize for Today
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…
Govt Approves Rs. 567 Million for Reko Diq Security
The federal government has approved Rs. 567.032 million for security arrangements for the Reko Diq mining project in Balochistan. The approval was granted by the…
Govt to Negotiate Settlement for Redeveloping PIA-Owned Roosevelt Hotel in New York
The federal government has decided to form a committee to negotiate a settlement with the union as it moves forward with plans to redevelop the…
Pakistan Call Centers Record Highest-Ever Export Earnings of $392 Million
Pakistan’s call center sector recorded its highest-ever export earnings of $392 million during the financial year 2025-26, marking a 19 percent increase from $329 million…
Pakistan Allows Foreign Suppliers to Store Fuel in Bonded Warehouses
Pakistan has approved a plan allowing foreign suppliers to import and store petroleum products in customs-bonded facilities on their own accounts, in a move aimed…
Govt Approves Restructuring Plan for Three Major DISCOs Ahead of Sale
The Cabinet Committee on Privatisation (CCoP) has approved the restructuring plan for three major electricity distribution companies as the government moves forward with broader power…
World Bank Downgrades Sindh Barrages Project Ratings Over Slow Progress
The World Bank has downgraded the implementation and development ratings of Pakistan’s Sindh Barrages Improvement Project from “Satisfactory” to “Moderately Satisfactory,” citing slow progress in…
Moody’s Upgrades Pakistan Credit Rating to B3 Amid Reserve Buildup
Moody’s Ratings has upgraded Pakistan’s sovereign credit rating to B3 from Caa1, maintaining a stable outlook and citing improvements in governance along with easing external…
PSX Gains Over 900 Points as KSE-100 Rebounds
The Pakistan Stock Exchange (PSX) rebounded strongly on Monday, with the benchmark KSE-100 Index gaining more than 900 points as investors returned to buying despite…