BUSINESS

OVER 325 STALLS WILL BE ON DISPLAY, WITH OVER 500,000 EXPECTED VISITORS By Staff Reporter Karachi: The Managing Committee of Karachi World Book Fair (KWBF) has revealed at a press conference that besides 140 leading publishers and booksellers from Pakistan, 40 exhibitors from 17 countries will also participate in the Karachi World Book Fair (KWBF) […]

The federal government on Monday announced a mixed revision in fuel prices, keeping petrol rates unchanged while delivering a notable cut in the price of high-speed diesel (HSD) for the next fortnight. According to a notification issued by the Petroleum Division, the price of petrol will remain steady at Rs263.45 per litre, in line with […]

By Zaira Hasan The future of Binance in Pakistan, once shrouded in an opaque environment of regulatory ambiguity and official warnings, is now emerging with a clarity that marks a pivotal moment for the country’s digital asset ecosystem. Historically, Pakistan has presented a paradox: it ranks among the world’s top countries for grassroots crypto adoption, […]

By Sameer Sagar The relentless advance of Artificial Intelligence represents one of the most transformative innovations in human history, offering the potential to cure diseases, optimize global resources, and unlock unparalleled levels of productivity. Yet, this very progress is shadowed by a profound ethical dilemma: how does society balance the imperative of rapid innovation—the ‘move […]

The benchmark KSE-100 Index concluded Monday’s trading session at 170,741.34, showing an increase of 876.82 points or 0.52%. The index remained positive throughout the day showing an intraday high of 171,001.71 (+1,137.19) and a low of 170,292.95 (+428.43) points. The total volume of the KSE-100 Index was 410.45 million shares. Of the 100 index companies […]

The State Bank of Pakistan (SBP) on Monday reduced its key policy rate by 50 basis points to 10.5% with effect from  December 16, 2025. The decision was taken by the Monetary Policy Committee (MPC) at its scheduled meeting, marking a resumption of monetary easing after the policy rate had remained unchanged for four consecutive […]

Fecto Cement Limited (PSX:FECTC)  has disclosed a temporary operational development concerning its cement manufacturing plant located at Sangjani, Islamabad. The facility is currently under a temporary suspension of operations due to certain administrative and procedural matters with local authorities, according to the company’s statement issued today. The Company is actively engaging with the relevant forums […]

By Commerce Reporter ISLAMABAD: Bilal bin Saqib, Special Assistant to the Prime Minister for Binance and Crypto and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), clarified that the recent issuance of no-objection certificates (NOCs) to global cryptocurrency exchanges Binance and HTX is not a “blanket approval” but rather the first step in a […]

SETS STRICT CIRCULAR DEBT TARGET AT RS400B By Commerce Reporter KARACHI: The International Monetary Fund (IMF) has reduced Pakistan’s power sector subsidies by Rs143 billion, setting a strict target to limit the flow of circular debt to Rs400 billion for the current fiscal year. This revised target, part of Pakistan’s ongoing IMF-backed economic reforms, aims […]

PSMU Desk ISLAMABAD: The Ministry of Finance clarified yesterday that the structural benchmarks outlined under Pakistan’s IMF Extended Fund Facility (EFF) are part of a phased, medium-term reform agenda agreed upon with the Fund, and not new or additional conditions as recently suggested in the media. The clarification comes in response to commentary describing the […]