Volatile trading session at PSX as KSE-100 drops 0.55%
World Bank revises GDP growth forecast for Pakistan amid flood impact
GDP growth of FY25 revised upward to 3.04%
Economy outperforms expectations as previously estimated figure of 2.68% gets exceeded
CCP fines Aisha Steel Mills Rs648 million and International Steels Rs914 million for price-fixing
Companies found guilty of cartelization in flat steel sector; penalties equal 1% of 2021–22 turnover, operations spanned over three years
Pakistan’s power sector losses projected at Rs535 billion, IMF pushes for Rs200 billion limit: report
Losses from inefficiencies and under-recovery of electricity bills expected 35% higher than last year; budgetary payments and subsidies to bridge gap
Provinces given 24 hours to report on pending IMF targets and justify any delay
Sindh and Punjab lag on Rs740bn and Rs370bn cash surplus targets; GDP growth may be revised to 3.5% and inflation could exceed 8% due to floods
Gold builds on historic rally, soars past $4,000/ounce for first time
Rally fueled by interest rate cut expectations, political uncertainty, central bank purchases, ETF inflows, and a weaker dollar
Pakistan, IMF agree to scrap two car import schemes, tighten Transfer of Residence rules
Commercial import of five-year-old cars allowed under stricter conditions as review talks advance; industry leader also urges govt to safeguard local assemblers
Saudi business delegation arrives in Pakistan to explore investment opportunities
Prince Mansour-led team meets SIFC and sector officials to discuss energy, IT, agriculture, and industrial projects
Pakistan, IMF review anti-corruption reforms as GCD report remains unresolved
Task force proposes reforms in FBR, NAB, FIA, provincial ACEs, and civil service asset disclosure
Profit-taking drags KSE-100 down 1,578 points amid flood-related GDP concerns
Benchmark index swings between intraday high and low before closing lower
Rupee strengthens slightly as Dollar index gains, Yen hits two-month low
Pakistani currency opens at 281.03 in inter-bank trade; euro holds weak amid political uncertainty in Europe
Bitcoin extends rally with new record after topping $125,000
World’s largest cryptocurrency pushes as high as $125,835.92 on Monday, marking second straight day of gains
Punjab cabinet clears flood relief, tax cuts and new schemes in 171-point agenda
Maryam Nawaz slashes solar tariffs, launches ration card pilot and boosts civil defence pay as Punjab unveils post-flood recovery measures
KSE-100 loses over 1200 points as market stages late recovery
Index fell nearly 3,000 points during early trade as automobile, cement, banking, and energy sectors led decline
Central government debt rises 10% YoY to Rs77.46 trillion in August
Domestic debt accounts for majority of total obligations, long-term borrowing drives increase