Business
PSX Plunges Over 1,700 Points Amid Heavy Selling Pressure
The Pakistan Stock Exchange (PSX) witnessed a sharp downturn on Wednesday as the benchmark KSE-100 Index dropped by 1,704 points, closing at 159,578 points amid…
Pakistan Invites Saudi Arabia to Invest in Major Motorway Projects
Pakistan has extended a formal invitation to Saudi Arabia to invest in three major motorway projects, strengthening economic and infrastructure cooperation between the two nations.…
IMF Offers Pakistan Technical Assistance for New NFC Award
The International Monetary Fund (IMF) has reportedly offered technical assistance to Pakistan in drafting a new National Finance Commission (NFC) Award, proposing updates to the…
FBR Extends Deadline for Manual Tax Returns Filing
The Federal Board of Revenue has extended the deadline for filing manual tax returns until November 30, offering temporary relief to taxpayers who still rely…
Qatar’s Al-Thani Group Signals Exit From Port Qasim Power Project
Qatar’s Al-Thani Group has indicated plans to withdraw its 49 percent share from the Port Qasim coal power project, becoming the latest foreign investor to…
Punjab Govt Ends Pension for Future Employees
The Punjab government has introduced a major policy shift that eliminates pension benefits for future provincial employees under a new ordinance aimed at restructuring its…
Rupee Strengthens Slightly Against US Dollar: Global Markets Slide
The Pakistani rupee strengthened slightly against the US dollar during early trading hours on Wednesday, November 5. The local currency appreciated by 0.05% in the…
OICCI Survey 2025: Foreign Investors Show Renewed Confidence in Pakistan’s Economy
Foreign investors are showing growing optimism in Pakistan’s economic revival. According to the OICCI Perception and Investment Survey 2025, 73% of existing foreign investors now…
DISCOs Push for Fixed Charges on Solar Net Metering Users
Power distribution companies (DISCOs) have asked the National Electric Power Regulatory Authority (NEPRA) to approve fixed charges for solar net metering users as more consumers…
Federal Government Rental Ceiling Raised by 85pc for Employees
The Ministry of Housing and Works has announced an 85 percent increase in the federal government rental ceiling, a move that took effect from November…
Gold and Silver Prices in Pakistan Today, 5th November, 2025
Gold and Silver prices in Pakistan fluctuate frequently based on international market trends. The rates listed here are provided by local gold markets and Sarafa…
Govt Cancels Expensive IPP Contracts, Saves Rs. 3.6 Trillion
In a major development aimed at reducing the financial burden on Pakistan’s power sector, the government has cancelled and renegotiated costly Independent Power Producer (IPP)…
