PSX plunges nearly 6% amid Indo-Pak tensions; trading sees mid-session halt
KSE-100 sheds 6,482 points as drone strikes, military escalation spark investor panic despite easing inflation and IMF optimism
SBP asks banks to monitor dollar outflows amid rising tensions with India
Currency market reports no panic buying, but concerns grow over potential disruptions to remittance flow
Federal, provincial govt’s exceed IMF fiscal targets, but FBR misses key revenue goals
Government meets key fiscal targets, with provinces generating surplus of Rs 1.028 trillion, while FBR falls short by Rs 715 billion
Pakistan launches Green Sukuk to accelerate country’s transition to resilient economy
Inaugural issuance of Rs20 billion to Rs30 billion will be conducted through an auction at PSX
India targets dam near Neelum-Jhelum Hydropower Project in unprovoked attack, says DG ISPR
Targeting water reservoirs is not only illegal under international laws but also poses a humanitarian risk, states Lt General Ahmed Sharif Chaudhry
KSE-100 drops 3500 points in a volatile session following escalation of war between Pakistan-India
Market plunged over 6,500 points in early minutes due to cross-border violence, with selling pressure across major sectors and key stocks in the red
Asian airlines reroute, cancel flights due to Pakistan-India fighting
52 commercial flights cancelled, more than two dozen diverted to avoid Pakistan airspace
S&P forecasts further interest rate cuts by SBP, cites improved inflation dynamics
S&P Global predicts another 100bps rate cut by SBP by end of 2025, citing improved inflation and stronger external balances
Govt to phase out tax-free status for Special Economic Zones over next decade
Existing tax-free status for SEZs to be reduced to nine years from July 2025; no new fiscal incentives will be granted to either new or existing SEZs
Govt plans to double excise duty on fertilisers to 10%, 5% tax on pesticides in next budget
Other proposed measures include income tax on farmers, reduction in super tax rate, and new taxes to meet Rs14.3 trillion revenue target for FY2025-26
Senate body urges MoC to resolve barter trade issues with Iran, Russia, and Afghanistan
Committee asked exporting industries to go for automation of trade
KIBOR drops across tenors after surprise SBP rate cut to 11%
Key lending benchmark responds swiftly to 100bps cut; downward trend reflects easing inflation
KSE-100 sinks 534 points despite early rally on rate cut news
PSX reverses gains as profit-taking erodes early optimism
Centre reviews adjustment of provincial power dues against NFC shares
Adjustment mechanism will apply only to those dues reconciled and confirmed by the provinces
PM announces transfer of Discos to provinces in two months
Federal government seeks to devolve or privatise power distribution firms amid financial struggles