Business
Banks Slash Export Finance Mark-Up by 3% to Boost Exports
Pakistan’s banking sector has reduced the mark-up rate on export financing by 3 percent, bringing the end-user rate under the Export Refinance Facility (ERF) down to 4.50 percent with immediate effect. The move is aimed at lowering borrowing costs for…
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Fuel Sales Rebound as OMC Volumes Jump 10% in January
Pakistan’s oil marketing companies (OMCs) recorded a strong recovery in January 2026, with total fuel sales rising 10% year-on-year and 12% month-on-month, signaling improving transport…
PKR Gains One Paisa Against USD in Interbank Market
The Pakistani rupee (PKR) extended its winning streak against the US dollar (USD) for the 93rd consecutive trading session, closing marginally stronger in the interbank…
Government Faces Supply Pressure as Demand for China-Linked JF-17 Jets Rises
Pakistan may be heading toward a supply crunch as rising global interest in its JF-17 fighter jet begins to outpace production capacity, following the aircraft’s…
Basant Brings Business Back to Lahore, Generates Rs 320 Million in Two Days
The colors of Basant are slowly returning to Lahore, and so is business. Over the past two days, the buying and selling of kites and…
Finance Minister Holds Talks With Citibank on Long-Term Sovereign Financing
The federal government on Tuesday held high-level discussions with a delegation from Citibank to review Pakistan’s external financing options, investor outreach strategy, and overall market…
Trump Announces US-India Trade Deal as New Delhi Agrees to Stop Russian Oil Imports
The United States (US) and India have taken a major step towards a trade agreement after Prime Minister Narendra Modi agreed to stop buying Russian…
Bigger Than Apple? How the New SpaceX-xAI Giant Could Rule the Tech World
Elon Musk has executed one of the largest private tech consolidations in recent history, with SpaceX acquiring his artificial intelligence venture xAI in a deal…
Gold and Silver Prices in Pakistan Today, 3rd February, 2026
Gold and silver prices in Pakistan fluctuate frequently based on international market trends. Local gold markets and Sarafa Markets provide the rates listed here in…
Pakistan Urea Market Slumps as Discounts Fade in January 2026
Pakistan’s urea sales are expected to drop to a 75-month low in January 2026, sharply reversing after record-breaking sales in December 2025, as advance buying,…
FBR Raises Islamabad Property Valuations by Up to 75%, DHA Kept Out of New Rates
The Federal Board of Revenue (FBR) has sharply increased property valuation rates in most areas of Islamabad by 15 to 75 percent, while keeping Defence…
Pakistan Lawmakers Hope SBP Interest Rate Drops to Single Digits by June 2026
Lawmakers expressed optimism on Monday that the State Bank of Pakistan (SBP) could reduce its policy rate to single digits by June 2026, aiming to…
PSX Turns Volatile as KSE-100 Falls Over 1,300 Points
Pakistan Stock Exchange (PSX) turned highly volatile on Monday as the benchmark KSE-100 Index plunged over 1,300 points, erasing early gains despite Pakistan’s ranking as…
