Business
Gold steadies at $3,654 amid US rate cut speculation
The record-breaking rally in bullion markets took a breather on Wednesday, with gold and silver prices holding steady at peak levels both internationally and in Pakistan.…
Business
Business
Central Bank Under Fire as Audit Exposes Governance Failures
Pakistan’s central bank is facing criticism after the Auditor General of Pakistan reported financial mismanagement and irregularities exceeding Rs243 billion. The 2022–23 audit painted a troubling…
Business
Rupee Steady but Global Peers See Mixed Trade
The Pakistani rupee held firm against the US dollar on Tuesday, with the greenback selling at Rs 283.70 in the open market and trading at Rs…
Business
Profit-Taking Hits PSX Amid Focus on US Fed Decision
The Pakistan Stock Exchange (PSX) reversed momentum on Wednesday morning, losing nearly 400 points despite strong global cues and optimism over potential US interest rate cuts.…
Gold Rates
Inflation Worries Deepen as Gold Hits Peak
Pakistan witnessed another sharp spike in precious metal prices, fueling inflation concerns among households and businesses. The price of 24-carat gold climbed to a record Rs…
Business
CCP approves acquisition of shareholding in Heavy Electrical Complex
The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of a certain shareholding in M/s. Heavy Electrical Complex (Private) Limited by M/s. DW…
Business
Gohar Ejaz Rejects Devaluation, Urges Export-led Growth
Chairman Economic Policy and Business Development (EPBD) think tank Gohar Ejaz has strongly opposed repeated calls for rupee devaluation, stressing that the real solution to Pakistan’s…
Business
Pakistan Offers Kazakhstan to Join COEC, Ports Access
A Kazakh delegation led by Transport Minister, Nurlan Sauranbayev held talks with Ministry of Maritime Affairs on Tuesday to strengthen cooperation in seaports and regional connectivity.…
Business
Pakistan’s govt debt rises to Rs80.5trn in June 2025
Debt-to-GDP ratio climbs to 70.4% as external and IMF liabilities expand Pakistan’s central government debt rose to Rs80.52 trillion in June 2025, up 2.7% month-on-month and…
Business
Stocks Climb as Pakistan, US sign Minerals Pact
The Pakistan Stock Exchange continued its bullish momentum on Tuesday, fuelled by robust remittances and positive global cues. The benchmark KSE-100 index rose by over 600…