World Business NewsIndian shares retreat after sharp rally as Middle East tensions cloud sentiment
Indian shares retreat after sharp rally as Middle East tensions cloud sentiment
Apr 9, 2026
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World Business News
HeadlinesJazzCash CEO joins Money20/20 Awards jury as Pakistan fintech gains visibility
Murtaza Ali named only Pakistani on banking panel following JazzCash’s 2025 recognition
Apr 9, 2026
HeadlinesPakistan’s total FX reserves near $22bn as SBP holdings rise slightly
State Bank of Pakistan’s reserves up $19 million to $16.40 billion; commercial banks contribute $5.49 billion to overall stock
Apr 9, 2026
HeadlinesRoute to Makkah facility to debut in Lahore as Pakistan finalises Hajj arrangements for 180,000 pilgrims
Authorities complete coordination on passenger processing and infrastructure ahead of April 18 flight operations under expanded Hajj programme
Apr 9, 2026
HeadlinesSSGC to appeal court ruling holding utility liable for fatal Orangi Town gas explosion
Company disputes negligence finding, maintains no gas connection existed at site; lawsuits under Fatal Accidents Act sought Rs50 million in damages
Apr 9, 2026
HeadlinesRussia lifts ban on Punjab potatoes as Pakistan seeks markets for 12m-ton surplus
Imports resume from April 8, 2026, with three exporters cleared initially; officials expect move to steady prices and boost farm incomes
Apr 9, 2026
HeadlinesPakistan business leaders welcome US-Iran ceasefire, see energy, trade opportunities
FPCCI calls for Iran trade revival, gas pipeline progress and lower energy costs to support industry
Apr 9, 2026
HeadlinesTransparency International urges recovery of $800 million PTCL dues from Etisalat, claims liability has grown to $6 billion
TIP flags long-pending payment since 2005, alleges regulatory lapses, calls for PTA action to recover outstanding amount
Apr 9, 2026
HeadlinesGulf conflict hits basmati trade, global rice output may drop up to 13 million tons
Pakistan and India basmati exports seen falling from 6.85 million tons to 6.4–6.5 million tons; fertiliser and energy disruptions threaten kharif sowing across Asia
Apr 9, 2026
HeadlinesCDWP stalls $40 million World Bank project over high costs, spending on non-essential items
CDWP withholds clearance of Public Resource Mobilisation project and constitutes a review committee to examine the cost structure and procurement plan
Apr 9, 2026
HeadlinesPakistan moves to secure $1 billion ADB climate loan with $500 million immediate disbursement
Loan supports disaster financing framework, targets Rs200 billion mobilisation; contingent funds to cover nine million households
Apr 9, 2026
HeadlinesPower tariffs may rise over Rs2 per unit as furnace oil use increases in March
FCA driven by reduced RLNG supply, hydropower decline; furnace oil prices double to Rs0.4 million per ton
Apr 9, 2026