BUSINESS
Gold price in Pakistan falls Rs3,700 per tola
Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs482,462 per tola, down Rs3,700. Similarly, 24-karat gold per 10-gram was sold at Rs413,633 after a decline of Rs3,172, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). The price of 22-karat gold was also quoted lower at […]
Pakistan approves printing of new currency notes, cabinet forms design committee
Pakistan’s federal cabinet approves printing of new currency notes with enhanced security and inclusive designs, forms a committee to finalize designs reflecting history, environment The federal cabinet has approved the printing of new currency notes, with a committee formed to finalize their designs, officials said Wednesday. The briefing, presented by the Ministry of Finance, highlighted […]
Customs seizes over Rs412m vehicles, heavy bikes
These actions are part of the ongoing drive to curb smuggling, protect the national economy and ensure compliance with customs laws. The customs enforcement Islamabad seized smuggled NCP vehicles, heavy bikes and electronic goods worth Rs. 412.2 million. The Collectorate of Customs Enforcement, Islamabad, has seized a large consignment of smuggled and non-duty-paid goods, including […]
PSX plummets amid mounting Iran tensions
The Pakistan Stock Exchange (PSX) saw a brief rally before turning bearish, losing 69.29 points amid rising geopolitical tensions over potential US military action in Iran The Pakistan Stock Exchange (PSX) extended losses after recorded an increase for a brief period as investors seem cautious amid rising geopolitical tensions involving Iran. During intraday trading, the […]
EU Green Deal rules put textile exports at a crossroads
Compliance costs, CBAM, Chinese shipments put textile sector under pressure Pakistan’s textile sector has entered 2026 at a defining juncture, with its long-standing export model facing mounting pressure from tightening global regulations, intensifying competition and domestic cost constraints. After a modest recovery in 2025 that lifted textile exports to around $17.85 billion, industry leaders now […]
OMO Result: SBP injects Rs358.5bn into market
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs358.5billion into the market of which Rs203.5bn were injected through reverse repo OMO. Summary of OMO Result (Conventional) Amount (Rs in Million) Rate (%) Quotes Tenor Type […]
Gold retreats on easing Iran concerns
Gold retreated from record highs as profits were locked in, the pullback came amid a softer tone from President Donald Trump on both Federal Reserve policy and tensions with Iran, which reduced demand for the safe-haven metal. Currently after the retreat, gold has recovered , Spot gold is up 0.35% at $4,608.92 an ounce as […]
ESG Sukuk set to hit $70bn by end 2026
The global ESG sukuk market is on track to surpass $70 billion by the end of 2026, driven by strong demand in emerging markets (EMs). ESG sukuk accounted for roughly 40% of EM ESG debt issuance in US dollars in 2025, up from 18% in 2024, highlighting the rapid adoption of sustainable finance instruments across […]
One year deadline set for Karachi Chaman highway
Work on the long-awaited Karachi Chaman highway has formally begun, with the federal government setting a one year completion target instead of the originally planned two years. Efforts intensify to upgrade one of the country’s most accident-prone routes. Addressing federal cabinet members, Prime Minister Muhammad Shehbaz Sharif said he recently visited Quetta, where the foundation […]
Oil retreats on reduced geopolitical risk
Oil markets dropped sharply in early Asian trade on Thursday as comments from U.S. President Donald Trump eased fears of military conflict in the Middle East. Brent crude futures went down by $1.94, or 2.92%, to $64.58 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures decreased by $1.83, or […]
