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Govt jacks up petrol price by Rs12.90; diesel raised by Rs3.72 per litre

September 7, 2026 5:49

The government increased the price of petrol by Rs12.90 per litre and the high-speed diesel (HSD) price by Rs3.72 per litre, effective from Tuesday, September 8, 2026. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Monday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The price of Motor Spirit (petrol) was raised by Rs12.90 per litre, taking it from Rs345.87 to Rs358.77 per litre. HSD saw a hike of Rs3.72 per litre, rising from Rs378.05 to Rs381.77 per litre. The new prices will remain in effect until Tuesday, in line with the government’s ongoing practice of adjusting fuel prices based on international oil markets and other cost factors. In the previous review on Friday, the government raised the price of diesel by Rs3.74 per litre and decreased the petrol price by Rs3.13 per litre. [...]

Gulf equities mixed amid US-Iran flare-ups

September 7, 2026 4:33

Gulf stock markets were mixed on Monday as escalating U.S.-Iran tensions and fresh attacks on shipping in the region weighed on investor sentiment. After a weekend of tit-for-tat maritime strikes, Iran warned on Monday that regional energy infrastructure remained “sprawling, accessible, and exposed” to retaliation against U.S. attacks. Saudi Arabia’s benchmark index fell 0.4%, dragged down by a 0.5% decline in Al Rajhi Bank and a 0.2% drop in oil major Saudi Aramco. Adding to market concerns, the Financial Times reported that Aramco’s Jazan refinery was attacked on Monday, with damage assessments underway. Among other decliners, Saudi Ground Services Co tumbled 7%, making it the index’s worst performer, after airliner flynas gave notice it would terminate its ground handling agreement from March 2027. Yanbu National Petrochemical Co retreated 4.1% as the stock traded ex-dividend. Dubai’s main share index rose 0.8%, helped by a 1.3% gain in blue-chip developer Emaar Properties . Abu Dhabi’s index ended little changed. Gulf equities are likely to remain sensitive to developments in the Strait of Hormuz, including shipping traffic and changes to maritime corridors, said Daniel Takieddine, co-founder and CEO of Sky Links Capital Group. “While de-escalation efforts could cushion the downside, an unclear diplomatic timeline means caution will prevail,” he said. Highlighting friction over shipping routes, UAE presidential adviser Anwar Gargash said on Monday that the country’s energy exports would not be held hostage, warning that rebuilding trust with Iran could take decades. The Qatari index rose 0.5%. Outside the Gulf, Egypt’s blue-chip index dipped 0.1%, with Commercial International Bank Egypt losing 1.4%. Saudi Arabia fell 0.4% to 11,025 Abu Dhabi was flat at 9,976 Dubai gained 0.8% to 5,931 Qatar rose 0.5% to 9,786 Egypt eased 0.1% to 56,628 Bahrain down 0.1% to 1,935 Oman lost 0.3% to 7,606 Kuwait gained 1.2% to 9,340 [...]

Sri Lankan shares close flat

September 7, 2026 4:27

Sri Lankan shares closed flat on Monday as gains in utilities stocks were offset by losses in materials and healthcare companies. The CSE All Share index settled flat at 21,623.66. SMB Finance PLC and Amana Takaful Life PLC were the top percentage gainers on the CSE All Share index. Trading volume on the CSE All Share index fell to 64 million shares from 79 million in the previous session. The equity market’s turnover fell to 2.13 billion Sri Lankan rupees ($6.5 million) from 2.68 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 41.1 million rupees, while domestic investors were net buyers, purchasing shares worth 2.11 billion rupees, the data showed. [...]

Rupee registers gain against US dollar

September 7, 2026 3:13

if (!window._rawHtmlListenerAttached) { window._rawHtmlListenerAttached = true; window.addEventListener('message', function(event) { if (event.data && event.data.type === 'raw-html-resize' && event.data.id) { var iframe = document.getElementById(event.data.id); if (iframe) { var height = Math.min(Math.max(event.data.height, 50), 9200); iframe.style.height = height + 'px'; } } }); } The Pakistani rupee extended its marginal gains against the US dollar on Monday. The local unit closed the day at 277.40, a gain of Re0.01 against the greenback. On Friday, the Pakistani rupee settled at 277.41 against the dollar. Internationally, the US dollar was on shaky ground on Monday, despite a ramp-up in US rate hike bets as Middle East tensions raised the prospect of broader inflationary pressures ‌that could force global central banks to tighten policy in tandem. A shift in sentiment towards the Japanese yen and worries about ever-growing US debt and policy uncertainties also weighed on the greenback. Moves in currencies were largely subdued in early Asia trade with US markets closed for a holiday, though the dollar struggled to sustain a brief lift it received from Friday’s blowout US jobs report. The euro was up marginally at $1.1618, while sterling was little changed at $1.3519. Against a basket of currencies, the dollar ⁠fell 0.07% to 99.09, not far from its recent low of 98.558. Traders moved to price in a roughly 57% chance the Federal Reserve will hike rates this month in the wake of the nonfarm payrolls release, with much now depending on Friday’s inflation data. Oil prices were near six-week highs on Monday, creeping closer to $100 a barrel, as tit-for-tat strikes between the US and Iran on vessels sailing in the Strait of Hormuz and other areas kept crude oil flows in the Middle East low. Brent crude futures rose $1.19, or 1.2% to $97.47 a barrel by 1214 GMT, having earlier hit their highest point since July 24 at $97.93. US West Texas Intermediate crude also hovered near a recent six-week high at $92.26 a barrel, up 78 cents. Inter-bank market rates for dollar on Monday BID Rs 277.40 OFFER Rs 277.60 Open-market movement In the open market, the PKR gained 4 paise for buying and 6 paise for selling against USD, closing at 278.25 and 279.09, respectively. Against Euro, the PKR gained 4 paise for buying and 14 paise for selling, closing at 322.49 and 325.18, respectively. Against UAE Dirham, the PKR gained 1 paisa for both buying and selling, closing at 75.67 and 76.28, respectively. Against Saudi Riyal, the PKR lost 3 paise for buying and gained 1 paisa for selling, closing at 73.98 and 74.48, respectively. Open-market rates for dollar on Monday BID Rs 278.25 OFFER Rs 279.09 [...]

Gold price per tola sheds Rs2,400 in Pakistan

September 7, 2026 2:53

Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs463,136 after a decline of Rs2,400 during the day. Similarly, 10-gram gold was sold at Rs397,064 after it fell by Rs2,058, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The international rate of gold declined by $24 to reach $4,406 per ounce. On Saturday, gold price in Pakistan reached Rs465,536 after a decline of Rs3,600. Meanwhile, the price of silver also decreased by Rs39 to reach Rs7,059 per tola. [...]

PSX: KSE-100 sheds nearly 1% amid selling pressure

September 7, 2026 2:09

The Pakistan Stock Exchange (PSX) remained under pressure throughout Monday’s trading session, with the benchmark KSE-100 Index shedding nearly 1%. The market opened on a positive note, and the KSE-100 initially climbed to an intra-day high of 175,353.67 but failed to sustain gains, with selling pressure intensifying in the second half of the session. The benchmark index slipped below the 174,000 level during the final hours and continued its downward trajectory towards the session intra-day low of 173,603.75. At close, the benchmark index settled at 173,636.07, shedding 1,692.75 points, or 0.97%. “Market sentiment remained cautious amid renewed US-Iran geopolitical tensions and elevated international oil prices, raising concerns over inflationary pressures, the external account, and overall macroeconomic stability,” brokerage house Topline Securities said in a post-market report. “The refinery sector came under selling pressure following reports that the federal government has decided to impose financial penalties on oil refineries that fail to execute Upgradation Agreements (UAs) with the Ministry of Energy (Petroleum Division) by October 1, 2026. The development raised concerns over potential financial implications for refinery companies,” it added. On the negative side, UBL, OGDC, PPL, MCB, and FFC were among the major contributors to the index decline, collectively dragging the KSE-100 by approximately 811 points. Conversely, PSEL, AKBL, and AICL provided some support, collectively contributing around 117 points, Topline said. During the previous week, the PSX came under pressure with the KSE-100 Index falling 1.3% to settle at 175,328.81 points, as renewed US-Iran military skirmishes heightened geopolitical uncertainty and a sharp rise in international oil prices added to concerns over inflation and the external account. Internationally, Asian shares rallied on Monday as the robust US jobs report was seen as positive for global growth even as it narrowed the odds of a rise in interest rates, ‌while oil edged higher after the US and Iran attacked ships in the Gulf. Tehran said it will announce a restricted zone outside the Strait of Hormuz in the coming days, after US forces hit three Iranian tankers and Iran’s Islamic Revolutionary Guard Corps launched ballistic missiles at two US Navy ships. As a result, Brent added 0.2% to reach $96.45 a barrel, having climbed almost 10% last week, while U.S. crude rose 0.4% to $91.85 a barrel. That inflationary impulse raises the stakes for a key reading of U.S. consumer prices this week, and is a major reason the European Central Bank is seen as certain ⁠to lift rates to 2.75% on Thursday. Futures also imply a 75% chance of another hike to 3.0% by December. The risk of hawkish guidance from the ECB after the rate hike kept European stocks on edge on Monday. EUROSTOXX 50 futures and DAX futures eased 0.1%, while FTSE futures were flat. On Wall Street, a U.S. holiday kept turnover light with both S&P 500 futures and Nasdaq futures a fraction lower. In Asia, Japan’s Nikkei rebounded 2.0%, after losing a similar amount last week, while South Korea rallied 3.0%. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.9%. Meanwhile, the Pakistani rupee extended its marginal gains against the US dollar on Monday. The local unit closed the day at 277.40, a gain of Re0.01 against the greenback. Volume on the all-share index decreased to 679.19 million from 874.32 million recorded in the previous close. The value of shares declined to Rs23.69 billion from Rs32.42 billion in the previous session. Cnergyico PK was the volume leader with 82.46 million shares, followed by Ist.Capital Sec with 41.47 million shares, and Pak Refinery with 39.96 million shares. Shares of 495 companies were traded on Monday, of which 154 registered an increase, 311 recorded a fall, and 30 remained unchanged. [...]

India's vegetable oil imports strain port storage, delaying unloading

September 7, 2026 12:25

MUMBAI: India’s aggressive vegetable-oil buying has led to congestion at major ports, delaying vessel unloading by as much as 10 days as shore tanks fill and refiners struggle to clear incoming cargo, industry officials told Reuters. The congestion is expected to prompt Indian refiners to scale back purchases of soyoil and palm oil for October shipments, potentially boosting inventories in top producers Indonesia, Malaysia and Argentina and weighing on benchmark palm oil futures and soyoil futures. “Shore tanks are full, and the lack of storage space is delaying the unloading of vessels carrying edible oils,” said Sandeep Bajoria, chief executive of vegetable oil brokerage Sunvin Group. “At least nine vessels carrying 300,000 metric tons of edible oils are waiting to discharge at Kandla port.” Kandla, in the western state of Gujarat, is India’s largest gateway for edible oil imports, handling nearly a third of the country’s total arrivals. India’s soyoil imports hit record high in August and palm six-month peak, dealers say Haldia, the second-biggest gateway for edible oil imports on the east coast, is also facing congestion, although to a lesser extent than Kandla, dealers said. The South Asian country’s edible oil imports in August jumped to an 11-month high of 1.54 million tons and a similar quantity is likely to be imported in September as well, they said. As edible oils for prompt delivery were cheaper than contracts for later months, Indian refiners increased their purchases for August and September delivery, causing a glut at ports, said Rajesh Patel, managing partner at trader GGN Research in Rajkot city in the western state of Gujarat. Refiners imported heavily in anticipation of strong festival demand, but consumption has not increased as expected, slowing the movement of cargo from port-based refineries, Patel said. India celebrates a series of festivals between August and November, when demand for edible oils typically peaks. The build-up in inventories is now prompting refiners to reduce purchases for October to December shipment, Bajoria said. India sources most of its palm oil from Indonesia and Malaysia, while soyoil and sunflower oil are imported mainly from Argentina, Brazil, Russia and Ukraine. [...]

Indian rupee ends flat, hemmed in by RBI intervention, oil pangs

September 7, 2026 12:22

MUMBAI: The Indian rupee traded in a narrow range on Monday, wedged between sustained market intervention by the Reserve Bank of India and a rise in oil prices as strikes on vessels sailing through the Strait of Hormuz stoked worries over energy flows. The Indian rupee closed at 94.4850 per dollar, unchanged from its closing level on Friday. The currency spent the session in about a 10-paisa trading range with bankers pointing to consistent dollar sales from state-run banks, most likely on behalf of the RBI. The intervention echoed the pattern traders have seen over the last two weeks, where consistent central bank dollar selling anchored the rupee. Bankers estimate that the RBI sold at least $8 billion to bolster the rupee last week. The dollar sales have helped the rupee hold its ground even as oil prices continue to linger near 6-week highs. Brent crude oil futures were last at $96.6 per barrel. Goldman Sachs sees them rising to as much as $120 per barrel if attacks on shipping increase. Iran said it will announce a new restricted zone in the Persian Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz. Analysts at ING reckon that higher energy prices and limited current market pricing of interest rate hikes by the Federal Reserve could lend some support to the dollar in the near term. Traders have priced in a roughly 57% chance the Federal Reserve will hike rates this month, following stronger-than-expected labour market data. Market focus now turns to inflation data on Friday. On the day, the dollar index was down 0.2% to 98.9 while Asian currencies traded mixed. Indian stocks fell 0.6% even as MSCI’s gauge of Asian stocks jumped nearly 2%, boosted by a rise in stocks linked to the artificial intelligence theme. [...]

Copper heads towards record high, focus on tight supplies outside US

September 7, 2026 12:19

LONDON: Copper prices headed towards a record high on Monday, as the prospect of shortages outside the U.S. spurred buying, while the softer dollar reinforced positive sentiment. Traders said a U.S. holiday meant volumes were likely to be muted, but added that focus was firmly on copper and zinc. Benchmark copper on the London Metal Exchange was up 0.1% at $14,430 a metric ton at 0931 GMT, the highest since the all-time peak of $14,527.50 hit in January. Traders and producers have been shipping copper to the U.S. since President Donald Trump mooted import tariffs in February last year. Comex copper stocks stood at a record high of 766,795 short tons, or 695,624 metric tons. Elevated premiums or backwardations for nearby contracts against longer-dated forwards have attracted some copper back to the LME. But cancelled warrants or metal earmarked for delivery at 51% indicate more than 121,000 tons of copper are likely to leave the LME system over the coming days and weeks. The premium for the cash over the three-month forward climbed above $430 a ton in the middle of August, the highest since 2021. It closed around $74 on Friday. Another sign of tight supplies outside the U.S. is stocks in warehouses monitored by the Shanghai Futures Exchange at 63,000 tons, down 85% since the middle of March and at their lowest since January 2024. Copper prices on ShFE are also in backwardation suggesting the industry in top consumer China is also worried about supplies. Elsewhere, zinc, supported by tight supplies and low LME stocks was up 0.8% at $3,976 a ton, close to the $3,990 a ton hit at the start of the month, the highest since May 2022. A softer U.S. currency, which makes dollar-priced metals cheaper for holders of other currencies, supported base metals overall. Aluminium was up 0.1% at $3,298, lead rose 0.3% to $1,914, tin gained 0.3% to $55,030, while nickel slipped 0.5% to $16,755. [...]

Palm extends gains, hits two-week high on stronger Dalian palm olein

September 7, 2026 12:15

KUALA LUMPUR: Malaysian palm oil futures climbed to a two-week high on Monday, extending gains for a second consecutive session, supported by stronger Dalian palm olein prices. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 50 ringgit, or 1.01%, at 4,979 ringgit ($1,231.21) a metric ton, the highest closing price since August 21. “Strength in Dalian palm olein provided support to crude palm oil prices, keeping the market in positive territory towards the midday close,” a Kuala Lumpur-based trader said. Dalian’s most-active soyoil contract rose 0.31%, while its palm oil contract added 1.39%. The Chicago Board of Trade is closed for a public holiday. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices were near six-week highs as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz and other areas kept crude oil flows in the Middle East low. Stronger crude oil futures make palm a more attractive option for biodiesel feedstock. The ringgit, palm’s currency of trade, weakened 0.07% against the dollar, making the commodity slightly cheaper for buyers holding foreign currencies. Meanwhile, India’s aggressive vegetable-oil buying has led to congestion at major ports, delaying vessel unloading by as much as 10 days as shore tanks fill and refiners struggle to clear incoming cargo, industry officials told Reuters. [...]

Indian stocks slip to six-week low as IT slides, oil worries mount

September 7, 2026 12:06

Indian shares slipped to their lowest levels in six weeks on Monday, pressured by IT stocks, as escalating tensions in the Middle East and rising expectations of a U.S. rate hike dented risk sentiment. The Nifty 50 ended 0.5% lower at 23,779.15 and the BSE Sensex shed 0.5% to 76,132.81. Nifty and Sensex have already shed 2.7% and 2.5%, respectively, over the past four weeks as higher oil prices and global bond yields pressured equities. “Market instability with a downward bias will continue in the short term due to periodic conflicts and higher crude oil prices,” said G Chokkalingam, founder and head of research at Equinomics Research. Weaker rainfall and liquidity pressures from a rush of IPOs could also weigh on markets despite supportive domestic macroeconomic conditions, he added. On Monday, fourteen of the 16 major sectors logged losses. The IT sub-index fell 2.3% tracking broader weakness after stronger-than-expected U.S. jobs data reinforced expectations of a September Federal Reserve rate hike. Higher U.S. rates could curb client spending and weigh on Indian IT firms that generate a significant share of their revenue from the United States. Meanwhile, Brent crude futures rose 0.6% to $96.8 a barrel after U.S. and Iran struck vessels sailing in the Strait of Hormuz and other areas in the latest escalation of Mideast tensions, which could further disrupt energy supply and intensify inflation fears. Broader small-caps were flat, while mid-caps fell 0.5%. Among individual stocks, PVR Inox slid 6.1% on reports that an internal investigation flagged alleged 2 billion rupee kickbacks by an executive linked to cinema property projects. The company said preliminary examination did not indicate any evidence of kickbacks. Shares of Zee Entertainment fell 6.4% after media reports said India’s premier investigating agency filed an FIR against founder and Chairman Emeritus Subhash Chandra and some other individuals for allegedly defrauding LIC Housing Finance. Chandra’s office did not immediately respond to a request for clarification. [...]

Huawei launches new foldable smartphone as competition with Xiaomi, Apple heats up

September 7, 2026 8:04

GUANGZHOU/BEIJING: Huawei launched a new version of its flagship foldable smartphone on Monday as it seeks to defend its lead in the Chinese market for premium handsets against Apple and Xiaomi, both of which are also unveiling new products. The new Mate XT2 folds out twice to open into a tablet-sized screen and features Huawei’s new Kirin 9050 Pro chip. Huawei says the chip’s design allows it to deliver more computing power while using less electricity, helping the company overcome US restrictions on access to advanced technology. Xiaomi launches a rival foldable phone later on Monday, while Apple unveils its latest iPhone series on Wednesday, with expectations high that it too will be unveiling a foldable phone. China’s Q2 smartphone shipments down 2.4%, says Counterpoint The Mate XT2 features a redesigned folding mechanism, improved water resistance as well as an optional screen that prevents people nearby from seeing what is displayed. It also has upgraded cameras and delivers 42% better overall performance than its predecessor, based on company tests. Huawei, which does not sell in the US due to sanctions, leads China’s smartphone market with a 22.6% share in the second quarter, ahead of Apple’s 18.1%, according to consultancy IDC. Xiaomi has 12.4% of the market. Huawei is even more dominant in folding phones, accounting for 68% of shipments in China in the second quarter, according to Smart Analytics Global, a US-based research company. [...]

European shares dip as rise in oil prices weighs; Novartis slips

September 7, 2026 8:02

European shares were subdued on Monday as rising oil prices following fresh US-Iran attacks stoked inflation concerns and reinforced expectations that the European Central Bank could raise interest rates later this week. The pan-European STOXX 600 fell 0.1% to 649.17 points by 0711 GMT. The Swiss main index dropped 1.2%. Heavyweight Novartis fell 3.3% after its experimental drug pelacarsen missed a key goal in a late-stage trial. Germany’s DAX was flat, largely in line with other regional bourses. Over the weekend, the country’s far-right AfD topped state elections in Saxony-Anhalt with 44% of the vote, exit polls showed, dealing a major blow to Chancellor Friedrich Merz. Energy stocks advanced 1.2%, tracking higher oil prices. Brent crude futures rose more than $1 a barrel as tit-for-tat strikes between the US and Iran on vessels sailing in the Strait of Hormuz and other areas heightened concerns of a prolonged supply disruption. Higher oil prices have fuelled inflation concerns, strengthening the case for further policy tightening. The ECB is widely expected to raise rates by 25 basis points on Thursday, while US CPI data later this week comes into focus after a strong jobs report boosted expectations of a rate hike by the Federal Reserve this month. Investors will also monitor second-quarter euro zone economic data due later in the day. Trading volumes could be lighter than usual with US stock markets closed for a public holiday. [...]

South African rand subdued ahead of key economic releases this week

September 7, 2026 8:00

JOHANNESBURG: The South African rand was subdued in early trade on Monday, as investors awaited a raft of ‌economic data this week, including gross domestic product, current account, mining and manufacturing figures, for clues on the health of the economy. At 0655 GMT, the rand traded ⁠at 15.9675 against the dollar , little changed from its previous close, with the market largely shrugging off reserves data. South Africa’s net foreign reserves rose to $73.69 billion at the end of August from $71.76 billion in July, central bank data showed on Monday. Focus will now turn to ‌second-quarter ⁠GDP data due on Tuesday, followed by current account, mining and manufacturing figures on Thursday. The greenback last traded flat against a basket of ⁠currencies despite a ramp-up in US rate-hike bets, as tension in the Middle East heightened inflation risks that could ⁠force global central banks to tighten policy in tandem. South Africa’s benchmark 2035 government bond ⁠weakened slightly in early deals, as the yield rose 1 basis point to 8.53%. [...]

Thai August headline CPI rises 2.53% on year, above forecast

September 7, 2026 7:08

BANGKOK: Thailand’s headline consumer price index rose 2.53% in August from a year earlier, following an annual rise of 1.95% in the previous month, the commerce ministry said on Monday. The August reading compared with a forecast increase of 2.37% in a Reuters poll, and was inside the central bank’s target inflation range of 1% to 3%. The core CPI, which excludes volatile energy and fresh food prices, rose 1.44% in August from a year earlier, close to the 1.39% seen in the poll. Headline CPI is expected to continue rising, Nantapong Chiralerspong, head of the Trade Policy and Strategy Office, told a briefing. The ministry maintained its full-year inflation forecast of 1.5% to 2.5% this year. Thai consumer confidence falls for third straight month in May Headline inflation is seen at 2.37% in the third quarter and 2.70% in the last quarter of the year, Nantapong said. Bank of Thailand Governor Vitai Ratanakorn said last week that monetary policy was fully accommodative and appropriate for the economy. The Bank of Thailand last month left its key interest rate unchanged at 1.00%, saying economic growth was low and uneven. The next rate meeting is on October 28. ‑Reuters [...]

Nepra’s UoSC decision hailed

September 8, 2026 1:01

ISLAMABAD: The Federal Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari, and the Ministry of Energy (Power Division) have welcomed the decision of the National Electric Power Regulatory Authority (Nepra) on the determination of the Use of System Charge (UoSC) for open access users of the electricity network under the Competitive Trading Bilateral Contract Market (CTBCM) regime. According to an official statement, Federal Minister said that the determination of the UoSC is a historic milestone in the reform and modernisation of Pakistan’s power sector. It was the final critical regulatory step required for operationalising open access under CTBCM, paving the way for the issuance of the RFP for Pakistan’s first CTBCM auction process. He said that establishing a competitive electricity market is a key component of the broader power sector reform agenda, under which the necessary institutional, regulatory, technical and market requirements have been addressed to move Pakistan from the traditional single-buyer electricity market towards a competitive and consumer-oriented electricity market. READ MORE: Nepra greenlights UoSC for bulk consumers With this development, eligible industrial consumers will, for the first time, be able to bilaterally procure electricity from their choice of power suppliers through a competitive market mechanism, rather than being restricted to purchasing electricity solely from their respective distribution companies. The Federal Minister said that the benefits of a competitive market will not be limited to industrial consumers but also have the potential to benefit ordinary consumers. Greater competition in power procurement can encourage more efficient generation, improve utilisation of existing power plants, create incentives for better-priced and reliable electricity supply, and reduce inefficiencies across the electricity value chain. He said that the competitive market will also support greater participation of renewable energy, battery energy storage and other flexible energy resources. This can help improve the utilisation of indigenous and low-cost energy resources, enhance the reliability of the power system and reduce dependence on expensive imported fuels. The Federal Minister appreciated Nepra’s role and said that the decision on the UoSC provides the necessary regulatory framework for open access and reflects the coordinated efforts of the Ministry of Energy (Power Division), Nepra and other relevant stakeholders. He said that the launch of the first CTBCM auction process will represent not merely a regulatory or electricity procurement milestone, but a significant structural transformation of Pakistan’s electricity market, taking the country towards a more competitive and consumer-centric power sector. Federal Minister said that Power Division remains committed to completing the remaining requirements and operationalising the competitive electricity market in a transparent, efficient and orderly manner, creating greater choice for eligible consumers and, ultimately, establishing a more efficient and sustainable electricity system for all consumers of Pakistan. Copyright Business Recorder, 2026 [...]

PSM: Senate panel reviews financial, security issues

September 8, 2026 1:01

KARACHI: A Senate Standing Sub-Committee on Industries and Production on Monday reviewed the financial and administrative affairs of Pakistan Steel Mills (PSM), including its liabilities, land encroachments, staff shortages and repeated theft incidents at the state-owned industrial complex. The meeting, held at the PSM premises, was attended by Senators Syed Masroor Ahsan, Syeda Khalida Ateeb and Danesh Kumar. PSM officials told the committee that the mill was facing a shortage of security personnel, with about 190 security guards currently available, many of whom required professional training. They said the Defence Security Force (DSF), which has been assisting PSM with security arrangements, was scheduled to withdraw its personnel by Sept. 30, 2026. PSM management asked the committee to facilitate a phased withdrawal of DSF personnel, saying the additional time would allow the organisation to strengthen its own security arrangements and complete the process of outsourcing security services. The committee also discussed repeated theft incidents at the mill and the low conviction rate in cases involving alleged theft. Senator Danesh Kumar expressed concern that despite the arrest of hundreds of suspects, convictions remained low. He called for stronger investigation and prosecution to ensure that those responsible were brought to justice. Senator Syeda Khalida Ateeb said the theft problem appeared to be persistent and organised rather than consisting of isolated incidents. She said arrests alone would not address the issue without action against the wider network and weaknesses in the system. She also referred to an earlier incident involving the alleged theft and transportation of a gas valve by truck and questioned the lack of effective accountability in the case. The committee was also briefed on encroachments on around 290 acres of PSM land, where three union councils had reportedly been established. Senator Syed Masroor Ahsan expressed concern over the encroachments and called for measures to protect the mill’s land and other assets. He said PSM was a national asset and its resources should be protected and utilised in the national interest. The committee also discussed a shortage of manpower, outstanding dues of employees and other issues relating to the administration and financial position of the mill. In view of the security situation, the impending withdrawal of DSF personnel and the shortage of guards, the sub-committee recommended that the relevant finance authorities facilitate PSM in recruiting the required security personnel. It also heard representatives of the employees’ union about their grievances. It handed a list of questions to PSM management and directed the administration to provide detailed responses at the next meeting. Copyright Business Recorder, 2026 [...]

Prioritizing secured economic benefits: Islamabad must emulate Beijing: policy paper

September 8, 2026 1:01

ISLAMABAD: Pakistan needs to strengthen its institutional capacity in line with China’s changing priorities to secure greater economic benefits from bilateral cooperation. This recommendation was made in a policy paper, “Understanding China: China’s Economy and Industrial Policy,” launched by the China Desk of EMPAK Strategies. The report was launched with Federal Minister for the Board of Investment Qaiser Ahmed Sheikh as the chief guest. The report said China’s 15th Five-Year Plan for 2026-2030 focuses on industrial and technological development, productive capacity and innovation, while the first decade of Pakistan-China economic cooperation revolved around infrastructure and financing. China has moved beyond that model, requiring Pakistan to revise its strategy and align its priorities with the new direction of the Chinese economy. According to the report, the central concept of China’s industrial policy is “new quality productive forces,” which prioritizes technology, innovation and productivity instead of low-cost labour. China accounted for 54 percent of industrial robots installed worldwide in 2024, installing 295,000 robots. It spent 3.93 trillion yuan on research and development in 2025. The report noted that despite a record increase in Pakistan’s exports to China, the bilateral trade imbalance continues to widen. During fiscal year 2025-26, Pakistan’s exports to China increased by around 10 percent to USD2.67 billion, making China the second-largest market for Pakistani products after the United States. Meanwhile, imports from China rose 14 percent to approximately USD22.2 billion. As a result, Pakistan’s bilateral trade deficit with China reached around USD19.53 billion, increasing by approximately USD2.4 billion in one year. Addressing the launch ceremony, Federal Minister Qaiser Ahmed Sheikh said China is a sincere friend of Pakistan and has supported the country in every difficult situation. He said it was up to Pakistan to determine how much benefit it could derive from Chinese cooperation. He added that CPEC projects had suffered setbacks in the past, but the present government was providing better conditions and facilities to investors from China and other countries. Chairperson of China Global Professional Technical Certification and former Chairperson of NAVTTC Pakistan Gulmina Bilal said China is prioritizing eight strategic sectors, including next-generation information technology, new energy, robotics, biomedicine, high-end equipment, aviation and aerospace. Six future industries, including quantum technology, biomanufacturing, hydrogen and fusion energy, brain-computer interfaces and 6G, are also being developed. Pakistan, she said, should focus on these sectors and prepare a workforce equipped with internationally competitive technical skills. Copyright Business Recorder, 2026 [...]

Aurangzeb reviews progress on closure of PASSCO, USC

September 8, 2026 1:01

ISLAMABAD: Finance Minister Muhammad Aurangzeb Monday stressed the importance of close coordination with the provincial authorities to ensure that the matters do not delay the overall closure process of Pakistan Agricultural Storage and Services Corporation (PASSCO) and Utility Stores Corporation (USC). Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting to review progress on the closure of the Pakistan Agricultural Storage and Services Corporation (PASSCO) and Utility Stores Corporation (USC), and to assess the remaining measures required to complete the process. The meeting was briefed through a detailed presentation on progress made so far on the USC closure process, including implementation of the approved employee severance package, settlement of verified vendor liabilities, disposal and return of stocks, and management of assets and properties. READ MORE: Pakistan govt decides to sell USC assets in FY26 It was noted that substantial progress had been made in employee payments and settlement of verified liabilities, with the necessary audit and verification mechanisms in place. The meeting was also briefed on measures taken to ensure proper identification and verification, including biometric verification and supporting documentation. Considerable progress was also made in settling vendor liabilities. The meeting was informed that verified claims had been processed and payments made. The status of USC stocks following closure of the stores was also discussed, with significant quantities of branded and other food items already returned or disposed of, while the remaining stock is being processed through the prescribed mechanisms. Progress on the auction of racks and other movable assets was also reviewed. The status of IT equipment and vehicles was discussed, with audit and verification underway to facilitate their disposal or transfer. The status of USC properties and related matters was also considered. The need for appropriate arrangements to facilitate disposal or transfer of these assets was discussed. The Finance Minister also took note of the ongoing litigation involving USC and appreciated the efforts being made to manage and resolve the cases. He emphasized that the legal, financial and administrative requirements should be addressed alongside the closure process. The meeting further reviewed progress on the PASSCO closure process, including the status of stocks and arrangements required for completion of the remaining work. The Committee discussed the handling of stocks held in different provinces, and it was noted that arrangements were being pursued for their transfer, keeping in view the respective requirements and circumstances. The Finance Minister stressed the importance of close coordination with the provincial authorities to ensure that these matters do not delay the overall closure process. Senator Muhammad Aurangzeb underscored the importance of maintaining momentum and ensuring that the remaining work is completed in a coordinated manner, with clear responsibilities and practical timelines. He emphasized that the objective should be to bring the closure process to a logical conclusion while safeguarding public resources and ensuring transparency at every stage. The meeting was attended by Federal Secretary, Ministry of National Food Security & Research; Federal Secretary, Ministry of Industries and Production; representatives of PASSCO and USC, along with senior officials from the relevant ministries and divisions. Copyright Business Recorder, 2026 [...]

Volkswagen finds defence future for German plant amid major overhaul

September 8, 2026 1:01

OSNABRUECK, (Germany): Volkswagen on Monday struck a preliminary deal that will see one of its German sites switch to defence production under new ownership, a first in the automaker’s efforts to restructure plants struggling to compete with lower-cost Chinese rivals. The deal offers a potential blueprint for other Volkswagen sites facing an uncertain future as Europe’s largest carmaker embarks on its biggest ever restructuring to revive margins and battle chronic overcapacity in its stagnant European market. Under the initial terms of the deal, Volkswagen will sell its factory in Osnabrueck to Israel’s Aurelius Capital and Volkswagen’s home state of Lower Saxony, in a move labour officials said could preserve about 1,400 of the site’s 1,800 jobs. The agreement comes days after Volkswagen unveiled a major revamp to cut jobs and simplify its structure, highlighting how rising defence spending in Europe could help absorb excess manufacturing capacity in the automotive sector. Volkswagen has warned that up to four German plants could face closure or repurposing unless alternative uses can be found amid weak demand, high costs and growing competition from China. LETTER OF INTENT Aurelius Capital and Lower Saxony, Volkswagen’s second-largest shareholder, signed a statement of intent on Monday to take over the factory, where vehicle production is due to end in 2027. Volkswagen said an initial “anchor project” for Osnabrueck would be a cooperation with Israel’s Rafael Advanced Defense Systems, one of the key partners behind Israel’s Iron Dome, Arrow and David’s Sling air and missile defence systems, confirming what sources told Reuters in May. “These plans involve the potential manufacture of systems and components for air defence systems for Germany and Europe,” Volkswagen said, adding the cooperation could pave the way for further such deals. Additional projects could involve converting VW Amarok pick-up trucks into military vehicles, a person familiar with the matter said, adding Polish defence firm WB Group could do the same for vehicles from MAN, owned by Volkswagen’s Traton business. Lower Saxony and WB Group declined to comment on the plans, which were first reported by German newspaper Frankfurter Allgemeine Zeitung. Defence production is increasingly being seen as a solution for underused automotive plants, with companies including Rheinmetall and Continental pursuing similar initiatives. Under the proposal, Aurelius would take a majority stake in the site alongside Lower Saxony, whose premier Olaf Lies said the state’s engagement would be similar to its purchase of a stake in the Meyer Werft shipyard in 2024. At the time, Lower Saxony spent €200 million ($232 million) for a 40% stake in the shipyard. “Osnabrueck brings with it something that cannot be built from scratch: many years of experience with demanding products, precise manufacturing processes and high-quality, well-coordinated teams and a strong tradition,” Aurelius Capital’s Tomer Jacob said. The investor lists cybersecurity, drone technology and satellite systems among its focus areas. [...]

ECC approves Rs6.6bn for 30 bullet-proof vehicles purchase

September 8, 2026 1:01

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved Rs6.6 billion for purchase of 30 bullet-proof vehicles. The ECC also approved safeguards on the exports of donkey meat and hides from Gwadar Free Zone. The ECC met at the Finance Division under the Chair of Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The ECC approved the recommendations of Ministry of National Food Security & Research to place effective safeguards on export of donkey meat and hides from Gwadar Free Zone. The ECC considered the Summary submitted by the Ministry of National Food Security & Research regarding recommendations of the committee constituted to resolve issues relating to export of donkey meat and hides from Gwadar Free Zone. The ECC approved the proposal with required safeguards as recommended by the Ministry of National Food Security & Research. The ECC considered a Summary submitted by the Cabinet Division seeking approval of TSG of Rs12.6 billion to purchase bullet-proof vehicles to be used during SCO Summit for movement of Heads of State. The Summit is going to be hosted by Pakistan in September, 2027. ECC discussed the proposal in detail and after due deliberation approved TSG of Rs6.6 billion for purchase of 30 bullet-proof vehicles and asked Cabinet Division to revert with additional requirement. ECC directed Cabinet Division to conduct in-depth need analysis for any further demand, and bring up the case again if required. The ECC considered a Summary submitted by the Ministry of National Food Security & Research regarding Minimum Indicative Prices (MIPs) of tobacco crop and revision of cess rates for FY 2026-27. After thorough discussion, ECC found that proposal required further rationale-building; therefore, ECC deferred the agenda and directed Ministry to resubmit the proposal with justifiable analysis. The ECC considered and approved the proposal of Ministry of National Food Security & Research for continuation of gas supply to FatimaFert and Agritech till September 30, 2026, under the existing arrangement. The ECC also approved the Summary submitted by the Ministry of Federal Education & Professional Training regarding provision of Rs5 billion as seed money for the Daanish Schools Authority Fund through TSG, to be maintained under Endowment framework. In addition to this, the ECC took progress review of Pakistan Skills Impact Bond (PSIB) and gave September 30, 2026 as deadline to Ministry of Federal Education & Professional Training for sharing substantive progress against the initiative for GoP guarantee was extended. The meeting was attended by Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal; Federal Minister for National Food Security and Research, Rana Tanveer Hussain; Federal Minister for Investment, Qaiser Ahmed Sheikh; Federal Minister for Petroleum, Ali Pervaiz Malik; and Advisor to the Prime Minister on Industries and Production, Haroon Akhtar Khan; along with Federal Secretaries and Senior Officials from the relevant Ministries, Divisions, and Regulatory Authorities. Copyright Business Recorder, 2026 [...]

Oil prices rise to six-week highs

September 8, 2026 1:01

NEW YORK: Oil prices rose to a six-week high on Monday as Iran vowed to strike energy infrastructure across the Middle East in response to further US attacks on its assets, the latest escalation in a conflict that has sharply reduced oil supply from the region. Brent crude futures rose 85 cents, or 0.9 percent, to USD97.13 a barrel by 12:38 p.m. EDT (1638 GMT), after hitting their highest point since July 24 at USD98.06. US West Texas Intermediate crude was up 1.3 percent, or USD1.15, at USD92.63 a barrel. WTI futures earlier rose as high as USD93.29, also the highest since July 24. READ MORE: Oil slides, heads for weekly gain “Strike our assets and you get struck,” Iranian Parliament Speaker Mohammad Baqer Qalibaf said on Monday, in what appeared to be a response to US Defence Secretary Pete Hegseth’s warning that Tehran’s oil fleet was “defenceless”. The United States and Iran traded strikes on oil tankers and warships over the weekend, marking a major escalation of the war between the two countries that began when the US and Israel struck Iran on February 28, maritime intelligence firm Marisks said. “Commercial tankers are now being deliberately used as instruments of reciprocal economic pressure, substantially weakening the previous distinction between military confrontation and commercial shipping,” Marisks said. Brent rose around 8 percent last week and WTI gained nearly 10 percent, after the US and Iran resumed attacks. The war has taken a heavy toll on global oil supply, forcing nations to burn through stockpiles to avoid deficits. In the United States, the largest oil producer and consumer, inventories of gasoline and distillate fuel are substantially below year-ago and five-year seasonal averages, PVM Energy analysts noted. “The current roundup indicates a slightly more dire picture than the last time we took stock a few weeks ago,” they said. Worsening tensions Regional tensions were also heightened by Israeli strikes on a town in southern Lebanon that killed at least 12 people on Monday, according to the Lebanese health ministry, marking one of the deadliest days of bombardment in recent weeks. Elsewhere in the Middle East, Saudi Aramco’s Jazan oil refinery was also attacked on Monday and damage was being ascertained, the Financial Times reported, citing two people with knowledge of the matter. A week ago a Saudi-owned tanker was attacked by Iran, with Saudi Arabia saying two seafarers had died. Oman said on Monday it had evacuated 16 crew members from the tanker. An average of 10 commodity ships transited the Strait of Hormuz per day over the past 10 days, the lowest since May, data from analytics firm Kpler showed on Monday. “If tanker traffic begins to slow materially, the market could price in a much larger supply shock. And there are already signs that this is happening,” said Priyanka Sachdeva, head of market insights at Phillip Nova. Goldman Sachs said oil prices may rally as high as USD120 a barrel if attacks on shipping rise. Iran will announce a restricted zone outside the Strait of Hormuz in the coming days, said Mohsen Rezaei, the secretary of Iran’s Supreme National Security Council. Meanwhile, the United Arab Emirates is building alternative routes for its energy exports and trade to ensure they are not “held hostage” by the war between the US and Iran, UAE presidential adviser Anwar Gargash said on Monday. OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, the producer group said in a statement, as it needs to agree on new quotas before deciding its next output steps. [...]

TCP clarifies ECC directives on sugar price stability

September 8, 2026 1:01

ISLAMABAD: The federal cabinet has reportedly not assigned any responsibility to the Trading Corporation of Pakistan (TCP) for ensuring domestic sugar availability or price stability in the local market, according to official documents and a clarification issued by TCP. TCP, in a clarification regarding a news report published in Business Recorder on September 3, 2026, titled “ECC directs TCP to ensure domestic sugar availability, price stability,” said the report created an incorrect impression that the Economic Coordination Committee (ECC) of the Cabinet had directed the corporation to ensure that disposal or export of imported sugar would not adversely affect domestic availability and prices. According to TCP, under the Rules of Business, 1973, the responsibility for price stabilisation of domestic food commodities falls within the domain of the Ministry of National Food Security and Research (MNFS&R), and not TCP. TCP stated that while approving the summary submitted by MNFS&R regarding permission for export of sugar imported by the corporation, the ECC was cognisant of the division of responsibilities and accordingly deleted a proposed clause that sought to place the responsibility on TCP. The deleted sentence stated: “TCP shall also ensure that the disposal/export does not adversely affect domestic sugar availability and prices.” TCP maintained that although the Business Recorder report mentioned the deletion of the sentence in its closing section, it did not adequately explain that the clause was removed because responsibility for maintaining stability in the domestic market rests with the Ministry of National Food Security and Research. “The headline therefore creates a very wrong perception,” TCP said in its clarification. According to the official decision of the ECC seen by Business Recorder, the committee considered the summary dated August 18, 2026, submitted by MNFS&R titled “Permission for the Export of Sugar Imported by the Trading Corporation of Pakistan (TCP)”. The ECC approved the summary with the exclusion of the sentence requiring TCP to ensure that disposal/export of the imported sugar did not adversely affect domestic sugar availability and prices. The decision therefore made it clear that no such responsibility was retained against TCP in relation to domestic sugar availability and price stability. The federal cabinet has subsequently ratified the ECC’s decision. Copyright Business Recorder, 2026 [...]

Favorable tax, duty treatment to NEVs to cost govt Rs150bn annually

September 8, 2026 1:01

LAHORE: The government is providing exceptionally favourable tax and duty treatment to New Energy Vehicles (NEVs) including a flat 1 percent sales tax regime, hence, the implied revenue concession could reach around Rs 150 billion annually. “Based on current estimates, annual NEV sales could reach around 50,000 units and the average reduction or subsidy in duties and taxes amounts to approximately Rs 3 million per vehicle, therefore, the implied revenue concession could reach around Rs 150 billion annually,” said Abdul Rehman, ex Chairman PAPAAM. He added that this is not a small policy incentive but a significant fiscal decision because the government is willing to forego approximately Rs 150 billion in potential revenue when every additional rupee of taxation is sought elsewhere. “Someone ultimately bears the cost of revenue that the state chooses not to collect. The opportunity cost is the real issue! Pakistan does need an electric-vehicle transition. Cleaner transportation, reduced fuel imports, lower emissions and development of a domestic EV industry are legitimate national objectives. But there is nothing inherently progressive about subsidizing an expensive private vehicle,” reasoned Abdul Rehman. He added that if the government has fiscal space equivalent to Rs 150 billion to accelerate electric mobility, there are alternative uses that could benefit a far larger section of society: electric buses, charging infrastructure, electric motorcycles and rickshaws, public transport systems, local battery and component manufacturing, and other mass-market mobility solutions. “The question, therefore, is not whether NEVs deserve support. The question is whether this is the most equitable and economically productive way to spend that support,” said Abdul Rehman, adding that a subsidy should generate a public return proportionate to its fiscal cost. Abdul Rehman said, “One policy potentially sacrifices four times the amount allocated to higher education, while benefiting a relatively small number of vehicle purchasers. That comparison should force policymakers to confront a basic question of national priorities. Pakistan’s young population needs universities, skills, research, technology and employment opportunities. Its cities need reliable public transportation. Its economy needs infrastructure and productive investment.” He said, “Good policy is not simply about choosing the right technology. It is about targeting public resources where they produce the greatest economic and social return.” Copyright Business Recorder, 2026 [...]

Petrol price hiked by Rs12.90, HSD’s by Rs3.72

September 8, 2026 1:01

ISLAMABAD: The government on Monday increased the ex-depot price of petrol by Rs12.90 per litre to Rs358.77 per litre, up from Rs345.87 per litre. Meanwhile, the price of High-Speed Diesel (HSD) has also been increased by Rs3.72 per litre to Rs381.77 per litre for September 8. Rising tensions from the US–Iran conflict and disruptions in the Strait of Hormuz continue to drive up global petroleum rates, resulting in a daily increase in domestic fuel prices. The ex-refinery import price of petrol surged by Rs12.90 per litre, rising from Rs235.42 to Rs248.32, while high-speed diesel (HSD) saw an increase of Rs3.72, moving from Rs271.18 to Rs274.90 per litre. A Petroleum Division notification confirms that levies and profit margins remain largely steady across both products According to a Petroleum Division notification, government levies and fixed profit margins for petrol and high-speed diesel (HSD) remain unchanged. Both fuels carry a Petroleum Levy of Rs80 per litre, a Climate Support Levy of Rs5 per litre, and profit margins of Rs9.98 per litre for dealers and Rs7.87 per litre for oil marketing companies. Meanwhile, customs duties stay fixed at Rs21.02 per litre for petrol and Rs15.68 per litre for HSD, while the Inland Freight Equalisation Margin (IFEM) has been adjusted at Rs7.60 and Rs4.02 per litre, respectively. The Petroleum Pricing Committee, led by Minister for Petroleum Ali Pervaiz Malik, proposed June 2027 as the timeline for deregulation. Copyright Business Recorder, 2026 [...]

Governor stresses need for more export of dates

September 8, 2026 1:01

LAHORE: Governor Punjab Sardar Saleem Haider Khan attended a Dates Festival at Organic Village DHA Lahore as the chief guest. More than 100 varieties of dates were on display at the festival. A large number of citizens, including overseas Pakistanis, attended the festival. Speaking on the occasion, the governor said that Pakistan is the best date producing country and all types of dates are found here. He said that Pakistani dates are of world class and need the best packaging to export them. He said that investment can be increased through exports of domestic dates. He said that with a little attention from the government, local date production can be improved. He said that instead of looking at the government or anyone else, we should do what we can for the betterment of the country. Copyright Business Recorder, 2026 [...]

HBL and EXIM Bank enter into BMP arrangement to support export sector

September 8, 2026 1:01

KARACHI: HBL and the Export-Import Bank of Pakistan (EXIM Bank) have entered into a Bank Master Policy (BMP) arrangement to provide Pakistani exporters export credit insurance solutions. Under the BMP framework, EXIM Bank will provide credit insurance coverage on the export receivables of eligible exporters. This will enable HBL to support exporters more effectively using the BMP. The arrangement marks an important step in strengthening Pakistan’s export finance ecosystem and builds on the commitment of HBL and EXIM Bank to support the country’s exporters. Through this collaboration, the two institutions aim to improve access to finance, provide greater confidence to exporters seeking to enter new markets and engage with new buyers, provide new exporters with an option to access export cover and contribute to the sustainable expansion of Pakistan’s export sector. Speaking on the occasion, Shahbaz Hussain Syed, President – EXIM Bank of Pakistan, said, “The signing of the Bank Master Policy with HBL marks an important milestone for Pak EXIM and a strong start to our BMP portfolio. It reflects the financial industry’s growing trust in Pak EXIM’s insurance solutions and our shared commitment to securing and enhancing Pakistan’s exports. HBL’s participation, alongside our recent reinsurance agreement, reinforces our strategy of building partnerships that power progress.” Commenting on the collaboration, Muhammad Nassir Salim, President & CEO – HBL, said, “This arrangement is another important step in supporting Pakistan’s exporters. HBL brings its expertise in trade and export finance, while EXIM Bank’s credit insurance capabilities help us strengthen our risk-taking capacity and provide greater confidence to exporters. Together, we can create more opportunities for Pakistani businesses to expand into international markets and contribute to sustainable export growth and Pakistan’s economic development.” The signing ceremony took place during the EXIM Bank and ICIEC Exporters’ Gathering held in Karachi, and was attended by senior representatives from HBL, EXIM Bank, ICIEC, and Pakistan’s exporting community. Copyright Business Recorder, 2026 [...]

Govt jacks up petrol price by Rs12.90; diesel raised by Rs3.72 per litre

September 7, 2026 5:49

Gulf equities mixed amid US-Iran flare-ups

September 7, 2026 4:33

Sri Lankan shares close flat

September 7, 2026 4:27

Trump suggests renaming New Mexico state ‘New America’

September 8, 2026 1:32

WASHINGTON: US President Donald Trump’s name-changing spree found an unlikely new target on Sunday when he suggested the state of New Mexico could become “New America.” His proposal, which was immediately dismissed by the state’s governor, comes days after he signed an order to rename Lake Ontario as “Lake America” in the middle of a trade war with neighboring Canada. “Many people suggested changing the name of New Mexico… to NEW AMERICA,” the Republican president posted on social media. “So much more prestigious and beautiful for the people of that potentially incredible State. Wow, I Love It!!!” The White House reposted an image showing the Mexico part of the state’s name crossed out and replaced with “America.” Some US media reports said the idea originated as an internet hoax. State governor Michelle Lujan Grisham told Fox News that the name “isn’t up for debate — it’s been ours since before the United States existed.” She said the president wanted to “distract Americans” from issues such as soaring gas prices. Trump last week suggested renaming the Strait of Hormuz as “Trump Strait” as the war with Iran continues — then hours later implied he was not serious about the plan. He renamed the Gulf of Mexico as the “Gulf of America” on his first day back in the White House in 2025 in a move rejected by Mexico. Canada has also rejected the attempt to rename Lake Ontario. [...]

Oxford University museum to return human remains to Naga people

September 8, 2026 1:28

LONDON: Oxford University’s Pitt Rivers Museum will return the remains of 39 people taken during Britain’s colonial era to the Naga community in northeast India, the museum said on Monday. The museum, which holds the world’s largest collection of Naga artefacts, confirmed it was preparing the repatriation after the university approved a restitution request by the Forum for Naga Reconciliation (FNR). The remains “have been away from their homeland for far too long”, museum director Laura Van Broekhoven said in a statement sent to AFP. The human remains were collected in the early 20th century by British colonial administrators and some remained on public display until 2020. “Repatriation, for the Nagas, is not simply about bones and ancestral remains finding their way back to the land but importantly about memory returning to where it belongs,” the FNR and other Naga organisations said in a statement sent to AFP, welcoming the agreement. [...]

New provinces: Opposition warns govt against ‘hasty decision’

September 8, 2026 1:13

ISLAMABAD: The opposition on Monday warned the government against making any hasty decision on the creation of new provinces, calling for political and public consensus before taking up the issue. Speaking to reporters, acting Pakistan Tehreek-e-Insaf (PTI) chairman Barrister Gohar Ali Khan said dividing any of the four provinces without the consent of their residents and elected representatives could create further complications rather than resolve governance problems. He said the proposal should first be examined by a commission and then debated by parliament and the provincial assemblies before any decision was taken. READ MORE: Naqvi says decision on new provinces must reflect public will “Let a consensus be formed first,” he said, citing the broad political agreement that preceded the passage of the 18th Constitutional Amendment in 2010 as an example of how major constitutional matters should be handled. Gohar said the next parliament should ultimately take up the issue and seek consensus among political parties before any province was divided. “Making any hasty decision, in our opinion, will be against the federation’s unity,” he said. He warned that creating provinces on grounds rejected by local populations and without political agreement could aggravate the governance problems the proposal was intended to address. He also urged the government to avoid what he described as further “experimental trials” and controversial legislation. Separately talking to reporters, the opposition leader in Senate Allama Raja Nasir Abbas also questioned the timing of the proposal, saying the issue had not been discussed in parliament or the provincial assemblies. “Why is the issue of creating new provinces or administrative units being raised when no discussion has been held? From whom is this proposal,” he questioned. Abbas, who is also a senior leader of Tehreek-e-Tahaffuz-e-Aain-e-Pakistan (TTAP), an opposition alliance that also includes the PTI, said the PML-N’s party policy was silent on the creation of new provinces. He called on the government to bring all political parties together and develop a collective position on the matter, which he described as a dangerous move. “The opposition would also support them for constitutional supremacy and Pakistan’s stability,” he said. Abbas also questioned whether any existing provincial assembly had passed a resolution seeking the creation of a new province, as required under the constitutional procedure. “This matter has not been raised in parliament. We do not consider it our issue,” he said. Instead of creating new provinces, Abbas called for strengthening local governments and ensuring free and fair elections, arguing that governance problems should first be addressed at the grassroots level. The debate over new provinces gained momentum in late July after Interior Minister Mohsin Naqvi called for the creation of new administrative units as part of reforms to the country’s governance structure. The proposal has since exposed differences within the federal coalition and prompted calls from opposition parties for broader political consultation before any constitutional or administrative changes are pursued. Copyright Business Recorder, 2026 [...]

JA Solar Road Show 2026 held

September 8, 2026 1:01

LAHORE: In order to introduce latest solar technology in Pakistan, a solar energy road show was held at a local hotel. Mian Faraz Alam represented the company at the event featuring the introduction of JA Solar’s latest Deep Blue 5.0 solar module technology. The road show provided an important platform for industry representatives and solar-energy stakeholders to learn about the latest developments in photovoltaic technology and discuss emerging opportunities in the renewable energy sector. During the event, Mian Faraz Alam explored JA Solar’s latest technological advancements and held discussions on the potential of high-efficiency solar solutions for Pakistan’s rapidly expanding renewable energy market. The introduction of DeepBlue 5.0 reflects the continuing advancement of solar module technology aimed at improving efficiency and supporting the growing demand for clean-energy solutions. Faraz Alam underscores the company’s focus on developing connections with leading international solar technology providers and bringing advanced renewable-energy solutions to the Pakistani market. Faraz Alam said it remains committed to providing reliable, efficient and technologically advanced solar solutions and to contributing to Pakistan’s transition towards cleaner and more sustainable sources of energy. Copyright Business Recorder, 2026 [...]

Favorable tax, duty treatment to NEVs to cost govt Rs150bn annually

September 8, 2026 1:01

SDPI seminar: Call to devise plan to address challenges posed by ageing population

September 8, 2026 1:01

ISLAMABAD: Pakistan must devise a comprehensive national plan to address the challenges posed by an ageing population and avert future difficulties, as ageing populations have become a serious liability for Japan and several European Union member states. This was the crux of a special seminar titled “Ageing and Development”, organised by the Sustainable Development Policy Institute (SDPI) in collaboration with the IbniSina Institute, Turkiye, here on Monday. Dr Kemal Aydin, a gerontologist and President of the IbniSina Institute and the World Ageing Organization, said efforts were under way to establish a geriatric institution at the South Asian level. He noted that Pakistan has many expert geriatricians working abroad who could contribute to this initiative. He said that following the Third World Assembly on Ageing, organised by the United Nations, a subsequent assembly was held in Turkiye in 2023, focusing on the Islamic concept of ageing. He said ageing was not limited to a particular cohort but was an inclusive process, and development approaches to ageing should also be inclusive. He added that the concepts of age-friendly communities and age-friendly workplaces had emerged from efforts at the UN level. Dr Aydin called for stronger linkages between universities working on longevity and ageing for development. He stressed that ageing is a process, not a disease, and that older people can continue to contribute through their experience, knowledge and wisdom. Referring to the ongoing UN General Assembly session in New York, he called for a global convention on ageing, saying the elderly population remains neglected worldwide. He cited UN data showing the global population of elderly persons currently stands at one billion, projected to reach two billion by 2050, and said global funding is needed to train geriatric nurses, doctors and caregivers. He emphasised community-based care to reduce repeated hospital visits and proposed developing age-friendly smart cities, suggesting a pilot “sister cities” initiative between Turkiye and Pakistan. He also proposed a “hospital at home” initiative funded publicly and supported through community mobilisation, drawing on the European model where neighbours care for elderly neighbours. Dr Aydin said Pakistan could contribute globally through the “silver economy,” noting that Europe needs thousands of trained caregivers, care specialists and care managers. He said European countries are currently looking to Sri Lanka and India for this workforce and suggested Pakistan should also develop a programme to train geriatric care workers, potentially supported through OIC funding. He described ageing as a humanitarian issue that should be addressed beyond biases, adding that while the EU has funding available for ageing-related programmes, it lacks a trained care giving workforce. Dr Abid Qaiyum Suleri, Executive Director of SDPI, said the demographic dividend of today’s youth would, in time, become an ageing population carrying valuable experience. He said the ongoing debate on Pakistan’s youth bulge must also account for the fact that in three decades this same population will be an ageing one. Dr Suleri said old-age homes in Western countries often function as communities of like-minded individuals with active networks, framing ageing as a choice between withdrawal and active participation through shared experience and community engagement. He said South Asian societies need to challenge prevailing concepts of both ageing and development to make them inclusive of the ageing population. Syed Moeez Ud Din Kakakhel, CEO of Foundation for Ageing and Inclusive Development (FAID), said that around a decade and a half ago, policy circles did not consider ageing an issue, viewing Pakistan as a young nation and deferring the matter for later attention. He said the discourse has since evolved into policy, with government recognition of the issue. He noted a prevailing stigma in South Asian society that people above 60 are viewed as unproductive. He said Pakistan, the world’s fifth most populous nation with over 240 million people, currently has around 16.6 million people aged 60 and above, a figure expected to cross 37 million by 2050, a population larger than that of over 80 countries. He identified four top vulnerabilities facing the elderly: health and care, economic and income security, social isolation, and climate-induced disasters and emergencies. On health, he said non-communicable diseases (NCDs) account for 85 percent of the disease burden among older people in Pakistan, with 60 percent living with at least one chronic condition. He noted the country has only 5-7 trained geriatricians despite its large medical workforce, alongside a shortage of trained nursing and care staff. He said social isolation and related mental health issues are a global concern, with one in three older adults experiencing social isolation, raising risks of cognitive decline, dementia and depression trends linked to rapid urbanisation and the breakdown of the joint family system. On economic security, he said only 3-5 percent of the elderly in Pakistan receive a pension, with the rest relying on family or informal sources. He added that rapid digitisation of banking, health and other public services risks excluding elderly citizens, and called for intergenerational cooperation to bridge this gap, citing that grandparents provide care giving support in 40 percent of cases in some countries. Moeez Ud Din said “older people can remain an active part of the workforce,” noting that globally one in three elderly persons are engaged in entrepreneurship. He called for inclusive policies recognising the “silver economy,” where older people act as catalysts for national development, citing that every dollar invested in formal care economies yields three dollars in national GDP. He listed priority areas including home-based care services, age-friendly health technology, and assistive and senior-focused technology development. He said FAID is working on a national framework on ageing and called for existing programmes on women’s empowerment and disability to also include older women and elderly persons with disabilities, respectively. He outlined proposed measures including advanced geriatrics training, a community care cadre, intergenerational technology hubs, and community models addressing isolation, economic empowerment and climate resilience for the elderly. Dr Shafqat Munir, Deputy Executive Director of Research at SDPI, in his opening remarks, said ageing and development are closely linked to the Sustainable Development Goals. He noted Pakistan’s current youth bulge, which makes up 65 percent of the population, will transform into an ageing population within three decades, a shift Europe has already begun addressing. He raised the question of how the ageing population can be enabled to contribute to the economy and development going forward. Responding to questions, Dr Kemal Aydin said Pakistan already has institutions working on ageing and stressed the need for joint research ventures among nations across the wider region. He called for collating best practices on ageing and age-friendly approaches to scale up joint projects, noting that the EU is moving towards home-based care and closing old-age homes due to high costs. He pointed to examples such as Australia’s Ministry of Health and Ageing, and ministries of longevity in the UK and elsewhere, saying Pakistan could learn from such experiences. He reiterated the potential of community care services, hospital-at-home models, and care giving services, and proposed establishing regional geriatric research hospitals in each province of Pakistan, along with a “Health Age Friendly Smart Pakistan” programme. Dr Aydin called for the highest level of government and political patronage for the initiative of the Age-Friendly initiatives. Copyright Business Recorder, 2026 [...]

Senate panel directs govt: ‘Accountability & special courts act as per workload’

September 8, 2026 1:01

ISLAMABAD: A parliamentary panel on Monday directed the government to rationalise the number of accountability and other special courts according to their caseload, with judges to be moved to courts facing heavier workloads to reduce pressure on public finances. The Senate Standing Committee on Law and Justice, chaired by Farooq Hamid Naek, reviewed the functioning of special courts and tribunals established under federal laws, including vacancies, pending cases and monthly disposal rates. The committee said courts should correspond to caseloads, allowing judges to be deployed where workloads were higher. The minister of state for law and justice cautioned against abolishing courts solely because of a temporary decline in cases, saying their re-establishment could involve lengthy procedures if workloads increased again. The committee instead directed the government to consider concentrating cases in a single court in areas where a future increase in workload was anticipated, while leaving other courts vacant and deploying their judges elsewhere. The panel also called for a reduction in the number of accountability courts across the country and a review of other special courts based on their workloads. The committee questioned the constitutional basis for maintaining federal or central courts dealing with narcotics cases after the 18th Amendment. Committee member Zamir Hussain Ghumro argued that narcotics-related matters were no longer a federal subject and that Central Narcotics Courts should therefore be abolished or converted into provincial courts. The committee directed the Ministry of Law and Justice to examine the constitutional and legal status of the Central Narcotics Courts and submit a detailed briefing at its next meeting. It also sought a briefing on tribunals, including their statutory frameworks, appointment procedures, province-wise membership and the authorities empowered to make appointments. The committee deferred the Juvenile Justice System (Amendment) Bill, 2026, introduced by Senator Sarmad Ali, after the law ministry submitted a clause-by-clause comparison and raised objections to the proposed legislation. Naek directed the bill’s mover to review the ministry’s objections before the legislation was taken up again. During the discussion, Ghumro asked whether juvenile justice legislation constituted criminal law. Naek ruled that the Juvenile Justice System law was criminal law and therefore fell within Parliament’s legislative competence. The Family Courts (Amendment) Bill, 2026, and Pakistan Psychological Council Bill, 2025, were also deferred because their movers were absent. The committee also reviewed salaries, allowances and other benefits for law officers, including assistant and deputy attorneys general. The law ministry secretary said summaries had been moved in line with directions issued at an earlier meeting and that the process would require time to complete the necessary formalities. The committee gave the ministry two weeks to complete the formalities for bringing the salaries of law officers at par and directed it to report on implementation at its next meeting. Copyright Business Recorder, 2026 [...]

ECC approves Rs6.6bn for 30 bullet-proof vehicles purchase

September 8, 2026 1:01

Previously imported stocks: TCP issues tender to ease domestic sugar surplus

September 8, 2026 1:01

KARACHI: The Trading Corporation of Pakistan (TCP) has invited electronic bids for the export of 107,739 metric tonnes of imported white refined sugar. The Economic Coordination Committee (ECC) of the Cabinet, in the third week of August, approved the issuance of international tenders for the export of around 108,000 metric tonnes of surplus sugar. Following the federal government’s directives, the TCP has now issued an international e-tender for the export of surplus sugar that had previously been imported to avert a shortage in the domestic market. READ MORE: ECC directs TCP to ensure domestic sugar availability, price stability According to the tender notice issued by the state run grain trader, the sugar will be disposed of on an ex-works TCP Pipri Godown Karachi basis and on an “as is where is” basis. The TCP has invited bids under the Single Stage One Envelope procedure from eligible firms, companies and other entities, including individual bidders, sole proprietorships, partnership firms, private and public limited companies, holding companies, companies limited by guarantee, state-owned enterprises and intergovernmental organisations. The e-bidding documents, prepared under the Disposal of Public Assets Regulations, 2024, containing detailed terms and conditions, specifications and other requirements, are available to registered bidders through the government’s EPADS v2.0 portal. The TCP said manual bids will not be accepted and all bids must be submitted electronically through EPADS v2.0 by 11:00 am on Monday, September 28, 2026. The electronic bids will be opened online on the same day at 11:30 am. Participating bidders will be automatically notified through EPADS v2.0 regarding the preliminary results of the e-disposal proceedings, while final results will be communicated subsequently in accordance with the bidding documents. It may be mentioned here that to address the shortage of sugar in the domestic market, the ECC in June 2025 allowed the import of up to 500,000 metric tonnes sugar. However, TCP imported 300,000 metric tonnes, of which, some 192,000 metric tonnes was sold in the domestic market, while approximately 108,000 tonnes commodity is remained with TCP and now the government has decided to export the imported sugar before the next crushing season. Copyright Business Recorder, 2026 [...]

Nepra’s UoSC decision hailed

September 8, 2026 1:01

Volkswagen finds defence future for German plant amid major overhaul

September 8, 2026 1:01

TCP clarifies ECC directives on sugar price stability

September 8, 2026 1:01

FCC urged to fix hearing date in PL petition

September 8, 2026 1:01

ISLAMABAD: The Federal Constitutional Court (FCC) has been requested to fix a date for hearing a petition challenging the imposition of a hefty petroleum levy (PL) and the increase in the prices of petroleum products. Zulfikar Ahmed Bhutta on Monday filed an application for early hearing of his petition, which he filed on May 1 this year. He has requested the FCC to direct the government to withdraw the recent hike in the prices of petroleum products. Chief of the Jamaat-e-Islami, Hafiz Naeem-ur-Rehman, has filed a petition wherein the FCC has been requested to issue directions for constituting an independent, expert-assisted mechanism or commission to examine the constitutional, fiscal, economic, and federal implications of the present petroleum levy structure. The Court has entertained both the petitions as the FCC Registrar’s Office did not raise any objection to either petition, and allotted numbers to them. The petitions have been filed under Article 175E of the Constitution. Bhutta, in his plea, contended that the federal government has failed to reduce the petrol prices despite the fact that oil prices have been normalised. He further contended that due to high fuel rates, the prices of vegetables and food items, fares of public transportation, and children’s school vans have increased. The government announced a petroleum and carbon levy under an iron-clad commitment with the International Monetary Fund (IMF). The Petroleum Levy on both products has remained unchanged at Rs80 per litre each. In the context of Pakistan, a petroleum levy is a federal tax imposed on petroleum products such as petrol (motor spirit), high-speed diesel (HSD), kerosene, and light diesel oil. It is one of the government’s most important non-tax revenue sources. The petroleum levy is a fixed charge per litre that the government collects on fuel sales. Unlike sales tax, which is percentage-based, the petroleum levy is a specific amount per unit. It is imposed under federal laws such as the Petroleum Products (Petroleum Levy) Ordinance, 1961, and subsequent finance laws. The federal government has the authority to adjust it through finance bills and statutory regulatory orders (SROs). Copyright Business Recorder, 2026 [...]

FO rejects India’s baseless claims on status of IIOJK

September 8, 2026 1:01

ISLAMABAD: Pakistan on Monday said that India’s unilateral actions and continued illegal occupation cannot alter the internationally recognized disputed status of Jammu and Kashmir. Spokesperson for the Ministry of Foreign Affairs, Ambassador Sajjad Haider Khan, stated this while responding to media queries regarding the statement issued by India’s Ministry of External Affairs on the map of the disputed Jammu and Kashmir region. The official United Nations maps, which depict Jammu and Kashmir as a disputed territory, remain the only cartographic representation of its current legal status. India’s so-called official maps and unilateral claims of sovereignty have no bearing on the status of the disputed territory, he emphasised. He added, “Pakistan categorically rejects India’s baseless assertions regarding the status of Jammu and Kashmir, which are contrary to internationally recognized facts.” The spokesperson noted that the Jammu and Kashmir dispute remains one of the oldest unresolved, internationally recognized disputes on the agenda of the United Nations Security Council. The relevant UN resolutions stipulate that its final disposition must be made in accordance with the relevant Security Council resolutions and the will of the Kashmiri people, expressed through a free and impartial plebiscite under UN auspices. Pakistan urges the international community to ensure that India immediately stops human rights violations in the Indian Illegally occupied Jammu and Kashmir, and fulfils its commitment towards the realisation of the right to self-determination of the Kashmiri people, in line with the relevant UNSC resolutions. Copyright Business Recorder, 2026 [...]

President cuts short his London visit

September 8, 2026 1:01

ISLAMABAD: President Asif Ali Zardari will return to Pakistan today (Tuesday), cutting short his visit to London amid some ‘important’ political developments at home. According to sources within Pakistan People’s Party (PPP), President Zardari had planned to stay in London for another three to four days. However, they told Business Recorder that his the decision to return earlier was taken after the proposal to create new provinces and administrative units in the country had been placed on the backburner due to the PPP’s strong opposition that culminated in the passage of a resolution in the Sindh Assembly; while some other sources maintain that his return may signal his engagement at home over the intensified political debate on the issue. The issue recently gained further momentum after Planning Minister Ahsan Iqbal proposed dividing Pakistan into 12 to 15 provinces and called for a national political dialogue on restructuring the country’s administrative system. The PPP, a key ally of the ruling Pakistan Muslim League-Nawaz (PML-N), has strongly opposed any proposal to divide Sindh. It maintains that the creation of any new province must be carried out according to the procedures laid out in the constitution and must be backed by political consensus and public support. President Zardari arrived in London from Vienna on September 1 after spending five days in Austria on a private visit. He was accompanied by former federal minister Dr Asim Hussain and Senator Saleem Mandvi-walla. The sources said that PPP Chairman Bilawal Bhutto Zardari and Bakhtawar Bhutto Zardari joined their father in London two days later. According to sources, both will remain in the British capital for about another week and are not expected to return to Pakistan with their father. Bilawal travelled to London from Paris after spending several days in Austria, while Bakhtawar arrived in London along with her husband, Mahmood Chaudhry, and their children. The family’s stay in Austria also triggered media reports that President Zardari had travelled there to discuss a possible marriage proposal for Bilawal with a prominent European family. Bilawal; however, rejected the reports, saying that no engagement or marriage had taken place and that he did not know any “Princess Gloria”. He said that any decision regarding his personal life would be announced by his family. Interior Minister Mohsin Naqvi also met President Zardari in London to reportedly discuss the creation of new provinces in the country. The Minister; however, failed to get support for the proposal that he had floated earlier during a speech in Lahore. Other sources say that he assured the President that any new administrative units would be created only with political consensus and the consent of the people. When contacted, PPP Secretary General Nayyar Hussain Bokhari said President Zardari had travelled to London for a medical checkup and that there was no political purpose behind the visit. Copyright Business Recorder, 2026 [...]

Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct

November 21, 2025 1:33

This collage of pictures show Federal Minister of Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the Prime Minister Huzaifa Rehman. —APP/NA website/FileShow-cause notices have been issued to Minister for Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the... [...]

27th Amendment empowers FCC to hear all constitutional cases: minister

November 20, 2025 7:59

Minister of State for Law and Justice Barrister Aqeel Malik addressing an event on December 21, 2024. — Facebook@BarristerAqeelMalikState Minister for Law Aqeel Malik said on Thursday that the 27th Amendment has vested authority to hear constitutional matters in the Federal Constitutional... [...]

JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU

November 20, 2025 5:25

Pakistan Air Force JF-17 Thunder fighter jet during World Defence Air Show 2024 held in Riyadh, Saudi Arabia, February 7, 2024. — PPI Pakistan's JF-17 Thunder garnered significant attention at the Dubai Airshow 2025, leading to the signing of a memorandum of understanding with a... [...]

US lawmakers laud Punjab govt's initiative to modernise brick-kiln

November 20, 2025 4:39

Punjab Chief Minister Maryam Nawaz attends ceremony in this undated image. — Facebook/@MaryamNSharifISLAMABAD: The Congressional Pakistan Caucus has applauded Punjab’s drive to modernise its brick-kiln sector, saying the reforms could serve as a pilot for eliminating bonded labour and... [...]

Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR

November 20, 2025 4:38

Frontier Constabulary and army personnel gather stand guard in Kurram, January 17, 2025. — AFPSecurity forces killed 30 Indian proxy Fitna al-Khawarij terrorists during multiple intelligence-based operations carried out by security forces in Khyber Pakhtunkhwa , the military's media wing... [...]

MQM-P calls for new province in Sindh

November 20, 2025 3:56

Muttahida Qaumi Movement-Pakistan Convener Khalid Maqbool Siddiqui addresses a press conference in Karachi, November 20, 2025. — Screengrab via YouTube/Geo NewsKARACHI: With discussions on the 28th Amendment gaining momentum, the Muttahida Qaumi Movement–Pakistan has once again... [...]

US report validates Pakistan military edge over India: PM

November 20, 2025 3:55

Prime Minister Shehbaz Sharif addresses ceremony in Azad Jammu and Kashmir on November 20, 2025. — X/@GovtofPakistanPrime Minister Shehbaz Sharif on Thursday said a recent US report endorsing Pakistan’s downing of Indian aircraft stands as formal validation of the country’s... [...]

Banned TTP poses serious threat to Pakistan security: UNSC panel

November 20, 2025 10:24

Denmark’s Deputy Permanent Representative to United Nations and chair of UNSC's ISIL, Al-Qaeda Sanctions Committee Sandra Jensen Landi. — Screengrab via UN WebTV websiteThe chair of the United Nations Security Council's Daesh and Al-Qaeda Sanctions Committee has cautioned that the... [...]

CM Afridi clarifies remarks on by-poll after ECP requests army deployment

November 20, 2025 10:01

Khyber Pakhtunkhwa Chief Minister Sohail Khan Afridi addresses a gathering at Havelian, Abbottabad on November 19, 2025. — Facbook@ImMuhammadSohailAfridiISLAMABAD: Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Thursday issued a clarification concerning his remarks on the NA-18 by-poll,... [...]

Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone

November 20, 2025 6:16

People sit at a coffee shop as they wait for their flight at the Dubai International Airport, in Dubai, United Arab Emirates, April 17, 2024. — ReutersDUBAI: Dubai International Airport handled 3.2 million passengers travelling from Pakistan in the first nine months of 2025, making the... [...]

Security forces kill 23 Indian proxy terrorists in KP's Kurram

November 20, 2025 5:08

Security forces are seen taking position during an operation. — ISPR/FileRAWALPINDI: Amid country's ongoing fight against the menace of terrorism, security forces have neutralised 23 Indian proxy Fitna al-Khawarij terrorists in separate engagements in Khyber Pakhtunkhwa's Kurram... [...]

Pakistan to construct island to boost oil exploration: report

November 19, 2025 6:26

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas United States. — Reuters/FilePakistan's state-owned energy company, Pakistan Petroleum Limited , has announced plans for an artificial island to boost its oil exploration efforts.Islamabad has intensified its... [...]

Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy

November 19, 2025 6:14

Russia's ambassador to Pakistan has extended his country's offer to mediate Islamabad's conflicts with India and Afghanistan, amid strained relations with its neighbouring countries.Islamabad's relations with India have remained tense since the four-day war in May, while the Afghan Taliban regime... [...]

Security forces neutralise four terrorists in KP IBOs

November 19, 2025 5:12

Soldiers ride on a Pakistan Army vehicle in this undated image. — AFP/FileFour terrorists affiliated with Indian proxy, Fitna al-Khawarij, were killed in a series of operations across Khyber Pakhtunkhwa from November 17 to 18, the Inter-Services Public Relations said on Wednesday.An... [...]

Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail

November 19, 2025 4:38

Supreme Court's Justice Jamal Khan Mandokhail addresses an event related to Labour Day in Islamabad on May 1, 2025. — Screengrab/YouTube/Geo NewsISLAMABAD: Justice Jamal Khan Mandokhail has released a detailed dissent in the reserved seats case, stating that the ruling on 41 candidates... [...]

Miami airport crash: five victims killed were in a cleaning van and SUV, NTSB says

September 8, 2026 3:04

Five people killed when an Amazon cargo plane overran a runway at Miami International Airport were travelling in an aircraft cleaning crew van and an SUV, investigators said Monday.Five other people were injured in Sunday’s crash as National Transportation Safety Board Chair Jennifer Homendy... [...]

Nepal seeks climate compensation after floods kill more than 1,300

September 8, 2026 2:44

Nepal is seeking $20 million in climate compensation after catastrophic floods killed more than 1,300 people and left over 5,500 missing.The late-August disaster was triggered when a melting glacier partially collapsed, causing a landslide and flash flooding through Chinese-controlled Tibet and... [...]

Rudy Giuliani attacks Zohran Mamdani in Islamophobic rant ahead of 9/11 memorial

September 8, 2026 2:24

Former New York Mayor Rudy Giuliani has said current Mayor Zohran Mamdani should skip the city’s September 11 memorial ceremony while making disparaging remarks about his Muslim faith.Giuliani, who led New York during the 2001 terrorist attacks, told Newsmax at the weekend that... [...]

Eiffel Tower staff strike after female workers removed from posts for Hindu delegation

September 8, 2026 2:04

Eiffel Tower workers went on strike on Monday after female employees were reportedly sidelined during a private visit by a Hindu delegation.The CGT trade union said staff were “shocked” by instructions given during the visit, which coincided with a cultural event organised by the BAPS... [...]

Russia resumes attacks on Kyiv one day after visit by Trump envoys

September 8, 2026 1:44

Explosions were heard in Kyiv early Tuesday as Russia resumed attacks on the Ukrainian capital following a three-day halt that coincided with a visit by US officials.According to CNN, their reporter on the ground heard an explosion at around 3:30 AM local time with Kyiv officials saying ballistic... [...]

Trump says Canada's Bombardier cannot sell planes in US unless it manufactures there

September 8, 2026 1:24

US President Donald Trump threatened on Monday to stop Canadian aircraft manufacturer Bombardier from selling in the United States unless it begins manufacturing there.The Montreal-based company became the latest target of Trump’s push to pressure foreign and domestic companies to move more... [...]

Canada targets billions in US imports with new retaliatory tariffs

September 8, 2026 1:04

Canada is set to impose retaliatory tariffs on $27.6 billion worth of American imports on Tuesday as its trade dispute with the United States escalates.The tariffs, ranging from 15 to 50 percent, will take effect at 12:01 A. and target US products including steel, dairy, appliances, agricultural... [...]

UN rights chief demands accountability after 23 die in US immigration custody

September 7, 2026 6:14

UN rights chief demands accountability after 23 die in US immigration custody The United Nations human rights chief has issued an urgent demand for accountability and independent investigations following a surge in deaths within United States immigration detention facilities.Speaking at... [...]

Hasan Piker addresses Lindsay Clancy husband-killer conspiracy theory

September 7, 2026 3:34

Hasan Piker addresses Lindsay Clancy husband-killer conspiracy theoryAn unsubstantiated online theory states it was actually Patrick Clancy, the former husband of Lindsay, who is responsible for the killings and framed his ex-wife.However, popular podcaster Hasan Piker did not buy the theory.On... [...]

Europe's largest carbon capture facility opens in Netherlands, setting new industrial milestone

September 7, 2026 3:06

Europe's largest carbon capture facility opens in Netherlands, setting new industrial milestoneEurope's largest industrial carbon capture and storage facility has officially opened at the Yara Sluiskil fertilizer and ammonia plant in the southern Dutch province of Zeeland.Developed by Norwegian... [...]

UK chancellor John Healey warns of tough budget amid fiscal pressures

September 7, 2026 12:02

UK chancellor John Healey warns of tough budget amid fiscal pressuresIn a major update, UK's Chancellor John Healey has put the country on notice for a challenging fiscal policy, warning that mounting international pressures and soaring global bond yields will squeeze public finances.Speaking... [...]

Russia signals possible return to Ukraine peace talks with US

September 7, 2026 10:54

Russia signals possible return to Ukraine peace talks with USRussia in the latest development has spoken about its intentions regarding the resumptions of the trilateral peace talks with Ukraine and the United States. On Monday, Kremlin spokesperson Dmitry Peskov told reporters, “We, too, do... [...]

UK minister condemns anti-migrant protests in Portsmouth and Dover

September 7, 2026 10:54

UK minister condemns anti-migrant protests in Portsmouth and DoverThe British government has strongly condemned a weekend of coordinated, disruptive anti-migrant demonstrations across southern England that saw protesters block traffic and clash with police in both Portsmouth and Dover. Speaking... [...]

Princess Leonor takes another major step toward becoming future Queen

September 7, 2026 10:28

Princess of Asturias will pursue a degree in Political Science.Leonor, the Princess of Asturias of Spain has begun her university studies in major step toward becoming the Queen in future.The royal house shared stunning photos of the princess on social media to uprise the fans on the Princess new... [...]

Iran plans 'exclusion zone' near Strait of Hormuz: What it means

September 7, 2026 9:08

Iran plans ‘exclusion zone’ near Strait of Hormuz: What it meansIran is set to declare a new “exclusion zone” near the Strait of Hormuz in the latest push against the United States. According to Supreme National Security Council head, Mohsen Rezaei, the exclusion zone will... [...]

پنجاب کو نااہلی سے خطرہ ہے، وزیراعلیٰ پنجاب

September 8, 2026 2:09

فائل فوٹونجی دورے پر لندن میں موجود وزیراعلیٰ پنجاب مریم نواز نے کہا ہے کہ پنجاب کو نااہلی سے خطرہ ہے۔صحافیوں کے سوال پر جواب میں... [...]

پی ٹی آئی احتجاج، لانگ مارچ کیخلاف درخواست پر سماعت آج

September 7, 2026 11:09

پی ٹی آئی کے 27 ستمبر کے احتجاج اور لانگ مارچ کے خلاف درخواست پر سماعت آج ہوگی۔اسلام آباد ہائی کورٹ کے چیف جسٹس سرفراز ڈوگر درخواست کی... [...]

ہم صوبے بنانے کے خلاف نہیں، وقت اور حالات کو بھی دیکھنا چاہیے، فضل الرحمان

September 7, 2026 9:09

مولانا فضل الرحمان نے کہا کہ ہم صوبے بنانے کے خلاف نہیں ہیں لیکن وقت اور حالات کو بھی دیکھنا چاہیے۔لاہورمیں ختم نبوت کانفرنس سے خطاب... [...]

پاکستان اپنے چار صوبوں کے ساتھ ہمیشہ قائم اور دائم رہے گا، مراد علی شاہ

September 7, 2026 6:09

وزیراعلیٰ سندھ سید مراد علی شاہ نے کہا ہے کہ پاکستان اپنے چار صوبوں کے ساتھ ہمیشہ قائم اور دائم رہے گا۔فرئیر ہال میں سلام کراچی... [...]

کراچی میں 10 سے زائد ڈاکوؤں نے تاجر سے 2 کروڑ چھین لیے

September 7, 2026 6:09

کراچی کے علاقے کورنگی میں کار اور موٹر سائیکلوں پر سوار 10 سے زائد ڈاکوؤں نے تاجر سے 2 کروڑ روپے سے زائد چھین لیے اور فرار ہوگئے۔ جاتے... [...]

صدر آصف زرداری نے دورہ یورپ مختصر کردیا

September 7, 2026 6:09

صدر مملکت آصف علی زرداری نے اپنا دورہ یورپ مختصر کردیا۔صدر آصف زرداری اپنا دورہ برطانیہ مکمل کرکے 8 ستمبر کو پاکستان روانہ ہوں... [...]

پیپلز پارٹی نئے صوبوں پر نہ اکیلے فیصلہ کرسکتی ہے نہ مسترد کرسکتی ہے، طلال چوہدری

September 7, 2026 6:09

وزیر مملکت برائے داخلہ طلال چوہدری : فائل فوٹو وزیر مملکت برائے داخلہ طلال چوہدری کا کہنا ہے کہ پیپلز پارٹی نئے صوبوں پر نہ اکیلے... [...]

حنا جاوید قتل پر قومی اسمبلی کمیٹی کو بریفنگ، اہم انکشافات

September 7, 2026 5:09

پولیس حکام نے قومی اسمبلی کی قائمہ کمیٹی برائے انسانی حقوق کو حنا جاوید قتل کیس پر بریفنگ دے دی۔سی سی پی او نے بتایا کہ راولپنڈی میں... [...]

فی لیٹر پیٹرول کی قیمت میں 12 روپے 90 پیسے کا اضافہ

September 7, 2026 5:09

حکومت نے پیٹرول کی قیمت میں بڑا اضافہ کردیا جبکہ ڈیزل کی قیمت بھی بڑھادی ہے۔پیٹرولیم ڈویژن کی جانب سے پیٹرول کی قیمتوں کے تبدیلی کا... [...]

سرگودھا: چھٹی مانگنے پر سپروائزر نے سینیٹری ورکر کو تشدد کا نشانہ بنادیا

September 7, 2026 5:09

فائل فوٹو پنجاب کے شہر سرگودھا میں چھٹی مانگنے پر سپروائزر نے سینیٹری ورکر کو تشدد کا نشانہ بنایا۔پولیس کا کہنا ہے کہ تشدد کا واقعہ... [...]

نئے صوبوں کے حوالے سے ریفرنڈم کا فیصلہ وزیراعظم نہیں پارلیمنٹ کرے گی، رانا ثناء

September 7, 2026 5:09

وزیراعظم شہباز شریف کے مشیر سیاسی امور سینیٹر رانا ثناء اللّٰہ نے بتادیا کہ نئے صوبوں کے حوالے سے ریفرنڈم کا فیصلہ کون کرے گا؟جیو... [...]

حافظ نعیم کا مطالبات کی منظوری تک دھرنے ختم نہ کرنے کا اعلان

September 7, 2026 5:09

امیر جماعت اسلامی پاکستان حافظ نعیم الرحمان نے مطالبات کی منظوری تک دھرنے ختم نہ کرنے کا اعلان کردیا۔لاہور میں دھرنے کے شرکاء سے... [...]

اسحاق ڈار کی کویتی وزیر خارجہ سے ٹیلیفونک گفتگو، دوطرفہ امور پر گفتگو

September 7, 2026 4:09

فائل فوٹو۔پاکستان اور کویت کے وزرائے خارجہ نے قریبی رابطہ برقرار رکھنے پر اتفاق کیا ہے۔ نائب وزیراعظم اور وزیر خارجہ اسحاق ڈار اور... [...]

صوبے بننے چاہئیں مگر یہ وقت نئے صوبوں کی بات کا نہیں، کیپٹن(ر) صفدر

September 7, 2026 4:09

پاکستان مسلم ليگ کے رہنما کیپٹن ریٹائرڈ صفدر نے نئے صوبوں کے قیام سے پہلے عوامی رائے لینے کا مطالبہ کرتے ہوئے کہا کہ پنجاب سمیت دیگر... [...]

وزیراعلیٰ اور کراچی آپریشن کا شکر گزار ہوں جس نے امن بحال کیا، میئر مرتضیٰ وہاب

September 7, 2026 4:09

تصویر سوشل میڈیا۔میئر کراچی مرتضیٰ وہاب نے کہا ہے کہ کراچی کا برا حال تھا، ایک کال پر جلاؤ گھیراؤ اور بوری بند لاشیں ملتی تھیں۔ ایک... [...]

بحرالکاہل میں موسمی سسٹم ایل نینو انتہائی شدت اختیار کرنے کے قریب

September 8, 2026 1:09

بحرالکاہل میں موسمی سسٹم ایل نینو انتہائی شدت اختیار کرنے کے قریب پہنچ گیا، عالمی موسمیاتی تنظیم نے خطرے سے خبردار کردیا۔جولائی اور... [...]

امریکی دھمکی کے باوجود روس بھارت کو تیل فروخت کرے گا

September 7, 2026 11:09

تصویر غیر ملکی میڈیاامریکا کی ٹیرف کی دھمکی کے باوجود روس نے بھارت کو تیل کی فروخت جاری رکھنے کا عزم کیا ہے۔ بھارت میں تعینات روسی... [...]

ایران مکہ دفاعی اتحاد کا حصہ بن سکتا ہے، روسی وزیر خارجہ

September 7, 2026 11:09

روس کے وزیر خارجہ سرگئی لاوروف نے امکان ظاہر کیا ہے کہ کسی مرحلے پر ایسی شرائط پر اتفاق کیا جاسکتا ہے کہ ایران بھی بالآخر مکہ دفاعی... [...]

روس اور شمالی کوریا کے درمیان پہلا پل قائم کردیا گیا

September 7, 2026 9:09

فوٹو: بشکریہ سوشل میڈیاروس اور شمالی کوریا کو زمینی راستے سے ملانے والے پل کا افتتاح کردیا گیا۔دریائے ٹومن پر تعمیر پل کو دوطرفہ... [...]

شہزادہ ہیری اور میگھن مارکل غیرفعال شاہی ارکان رہیں گے

September 7, 2026 8:09

فائل فوٹوبادشاہ چارلس نے واضح کیا ہے کہ برطانیہ واپسی کے بعد بھی شہزادہ ہیری اور میگھن مارکل بدستور غیرفعال شاہی ارکان رہیں... [...]

سری لنکا میں چودھویں سارک ای این ٹی کانگریس

September 7, 2026 8:09

سری لنکا میں 14ویں سارک ای این ٹی کانگریس میں جنوب ایشیائی ملکوں کے ناک کان اور حلق کے امراض ماہرین نے شرکت کی اور مختلف بیماریوں کے... [...]

زہران ممدانی نے کارکنوں کو منظم کرنے کی کوششوں میں معاونت کیلئے دفتر قائم کردیا

September 7, 2026 7:09

نیویارک سٹی کے میئر زہران ممدانی نے نجی شعبے کے کارکنوں کو منظم کرنے کی کوششوں میں معاونت کے لیے ایک دفتر قائم کردیا ہے۔زہران ممدانی... [...]

صدر ٹرمپ کی سوشل میڈیا نان اسٹاپ پوسٹس

September 7, 2026 6:09

امریکی صدر ڈونلڈ ٹرمپ نے سوشل میڈیا پر نان اسٹاپ پوسٹ کر ڈالیں۔امریکی صدر نے لگاتار اے آئی فوٹوز اور ویڈیوز پوسٹ کیں، کسی میں خود کو... [...]

بھارت: شک کی بنیاد پر شوہر بیوی کو قتل کرکے لاش کے ٹکڑے فریج میں رکھ کر فرار ہوگیا

September 7, 2026 3:09

فوٹو: بھارتی میڈیا بھارتی ریاست آسام کے شہر گوہاٹی میں بیوی کے مبینہ ناجائز تعلقات کے شبہے میں شوہر نے اسے قتل کردیا، پولیس نے ملزم... [...]

اے آئی کی مضبوط ضمانتیں بنائی جائیں، اس سے پہلے بہت دیر ہوجائے: سربراہ اقوام متحدہ انسانی حقوق کونسل

September 7, 2026 2:09

فوٹو: فائلاقوام متحدہ انسانی حقوق کونسل کے سربراہ وولکر ترک نے کہا ہے کہ اے آئی سے متعلق مضبوط ضمانتیں بنائی جائیں، اس سے پہلے کہ بہت... [...]

یوکرین اور امریکا کیساتھ مذاکرات بحالی کو خارج از امکان قرار نہیں دیا جا سکتا، روس

September 7, 2026 2:09

ترجمان کریملن دیمتری پیسکوف۔روسی صدارتی محل کریملن کا کہنا ہے کہ یوکرین اور امریکا کے ساتھ امن مذاکرات کی بحالی کے امکان کو خارج از... [...]

انڈونیشیا کے 8 ہوائی اڈے آتش فشاں کی راکھ پھیلنے کے باعث بند

September 7, 2026 1:09

انڈونیشیا میں دارالحکومت جکارتا کے 2 ایئرپورٹس سمیت 8 ہوائی اڈے بند کردیے گئے ہیں۔انڈونیشیا میں ایئرپورٹس کی بندش کا فیصلہ آج صبح سے... [...]

آبنائے ہرمز سے متعلق ایران، عمان مذاکرات آخری مرحلے میں پہنچ گئے، اسماعیل بقائی

September 7, 2026 12:09

فوٹو: ایرانی میڈیا ایرانی وزارت خارجہ کے ترجمان اسماعیل بقائی کا کہنا ہے کہ آبنائے ہرمز سے متعلق ایران، عمان مذاکرات آخری مرحلے میں... [...]

شمالی کوریا کی بحریہ میں 5 ہزار ٹن وزنی دوسرا تباہ کن جہاز شامل

September 7, 2026 10:09

—تصویر بشکریہ غیر ملکی میڈیاشمالی کوریا نے 5 ہزارٹن کا دوسرا تباہ کن جہاز ’کانگ کون کلاس‘ بحری بیڑے میں شامل کر لیا، یہ جہاز شمالی... [...]

روس سے جنگ کے خاتمے کیلئے امریکی وفد مؤثر تجاویز لیکر آیا: یوکرینی سینئر عہدیدار

September 7, 2026 9:09

— تصویر بشکریہ غیر ملکی میڈیایوکرینی صدارتی دفتر کے سینئر عہدیدار کا کہنا ہے کہ امریکی وفد روس کے ساتھ جنگ ختم کرنے کے لیے نئی اور... [...]

مشرق وسطیٰ صورتحال سے مہنگے ہوئے خام تیل کے بھاؤ کی تشویش پر پی ایس ایکس میں منفی رجحان

September 7, 2026 1:09

فوٹو: فائلمشرق وسطیٰ صورتحال سے مہنگے ہوئے خام تیل کے بھاؤ کی تشویش پر پاکستان اسٹاک ایکسچینج کا ہنڈریڈ انڈیکس منفی رہا۔ پی ایس ایکس... [...]

ملک میں آج بھی سونا سستا

September 7, 2026 10:09

---فائل فوٹوملک میں سونے کی قیمتوں میں کمی کا سلسلہ جاری ہے، آج بھی سونا سستا ہو گیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن... [...]

وفاقی حکومت نے درآمدی چینی برآمد کرنے کیلئے عمل شروع کر دیا

September 6, 2026 9:09

—فائل فوٹوٹی سی پی نے درآمدی چینی کو برآمد کرنے کے لیے ٹینڈر جاری کر دیا۔ٹریڈنگ کارپوریشن آف پاکستان نے 1 لاکھ 7 ہزار 739 میٹرک ٹن چینی... [...]

ستمبر کیلئے تیسری مرتبہ ایل این جی کارگو کا ٹینڈر جاری

September 6, 2026 8:09

---فائل فوٹوپاکستان ایل این جی لمیٹڈ نے ستمبر کے لیے تیسری مرتبہ ایل این جی کارگو کی خریداری کا ٹینڈر جاری کردیا۔ذرائع کے مطابق ٹینڈر... [...]

ملک میں سونے کی قیمتیں گراوٹ کا شکار

September 5, 2026 9:09

—فائل فوٹوملک میں سونے کی قیمتیں گراوٹ کا شکار ہیں، آج سونے کے بھاؤ میں بڑی کمی ریکارڈ کی گئی ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز... [...]

مٹی کے تیل کی قیمت میں اضافہ

September 5, 2026 9:09

—فائل فوٹومٹی کے تیل کی قیمت میں اضافے کا نوٹیفکیشن جاری کر دیا گیا۔نوٹیفکیشن کے مطابق مٹی کا تیل 20 روپے 56 پیسے فی لیٹر مہنگا کر دیا... [...]

کوئٹہ: آٹے کی قیمت میں مزید اضافہ

September 5, 2026 9:09

کوئٹہ میں 20 کلو آٹے کے تھیلے کی قیمت اب 2 ہزار 850 روپے سے بڑھ کر 2 ہزار 920 روپے تک پہنچ گئی ہے۔مارکیٹ ذرائع کے مطابق کوئٹہ میں آٹے... [...]

پاکستان اسٹاک ایکسچینج: کاروباری ہفتے میں منفی رجحان رہا

September 5, 2026 4:09

—فائل فوٹوپاکستان اسٹاک ایکسچینج کی ہفتہ وار اپ ڈیٹ سامنے آ گئی، کاروباری ہفتے کے دوران کاروبار کا منفی رجحان رہا۔پاکستان اسٹاک... [...]

وفاقی حکومت نے آج ڈیزل مہنگا اور پیٹرول سستا کردیا

September 4, 2026 5:09

وفاقی حکومت نے آج ڈیزل مہنگا اور پیٹرول سستا کردیا۔نوٹیفکیشن کے مطابق ڈیزل کی قیمت میں 3 روپے 74 پیسے فی لیٹر اضافہ کیا گیا ہے، جس کے... [...]

ملک بھر میں بجلی مہنگی ہوگئی، صارفین پر 33 ارب روپے کا اضافی بوجھ منتقل ہوگا

September 4, 2026 5:09

ملک بھر کے صارفین کے لیے بجلی مہنگی کر دی گئی۔نیشنل الیکٹرک پاور ریگولیٹری اتھارٹی نے ملک بھر کے لیے ماہانہ اور سہ ماہی... [...]

پاکستان کا اس سال 57 کروڑ ڈالر کی سی فوڈ مصنوعات برآمدات کا نیا ریکارڈ قائم

September 4, 2026 3:09

فائل فوٹو۔پاکستان نے مالی سال 2026 میں تقریباً ستاون کروڑ ڈالر مالیت کی ماہی مصنوعات دنیا کو فروخت کرنے کا نیا ریکارڈ قائم کیا ہے۔... [...]

پی ایس ایکس: کاروبار کا مثبت دن، 100 انڈیکس میں 399 پوائنٹس کا اضافہ

September 4, 2026 12:09

پاکستان اسٹاک ایکسچینج میں آج کاروبار کا مثبت دن رہا جہاں 100 انڈیکس میں 399 پوائنٹس کا اضافہ ہوا۔پی ایس ایکس بینچ مارک 100 انڈیکس اس... [...]

پاکستان میں آج بھی سونے کی قیمت میں اضافہ

September 4, 2026 10:09

— فائل فوٹوپاکستان میں آج بھی سونے کی قیمت میں اضافہ ہوا ہے۔آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق ملک میں فی تولہ سونے... [...]

امریکا میں ڈیزل کی قیمت تاریخ کی بلند ترین سطح پر پہنچ گئی

September 4, 2026 3:09

ایران جنگ اور روسی ریفائنریوں پر یوکرینی حملوں کے باعث عالمی سطح پر ڈیزل کی سپلائی بحران کا شکار ہو گئی۔غیر ملکی میڈیا کے... [...]

امریکا ایران کشیدگی: عالمی منڈی میں خام تیل کی قیمتوں میں آج بھی اضافہ

September 4, 2026 3:09

---فائل فوٹوامریکا اور ایران کے درمیان جاری کشیدگی کے باعث عالمی منڈی میں خام تیل کی قیمتوں میں اضافہ ہو گیا، برینٹ خام تیل کی قیمت... [...]

Oil prices climb after reports of Saudi Aramco refinery being hit by Houthi rebels

September 8, 2026 3:09

The West Texas Intermediate and Brent crude contracts previously rose to near-seven-week highs. [...]

‘I’m the executor’: My two siblings and I inherited an IRA. Can we just cash it out?

September 7, 2026 10:00

“Am I required to create three new inherited IRAs so that the firm can divide it equally?” [...]

Why does almost nobody want to befriend older people like me — except scammers?

September 7, 2026 10:00

“I’d rather leave my estate to people who spent time with me because they genuinely valued my company.” [...]

‘Poverty doesn’t have to be my reality’: I thought I’d have to rely on Social Security. Then I taught myself how to invest.

September 7, 2026 7:30

“It always baffled me how some people managed to retire with significant wealth.” [...]

We’re in our 60s. We earn $345,000 and have $1 million in 403(b)s. Is it too late for Roth conversions?

September 7, 2026 4:30

“Roth assets would provide our children with tax-free distributions.” [...]

Chip stock investors beware — these charts could warn of further weakness ahead

September 7, 2026 4:00

U.S. stock investors have reason to pay attention to the currency market for signs of how money may be flowing in and out of chip stocks. [...]

My wife and I are in our 70s. Should we move to California and take on a bigger mortgage to be near our kids?

September 7, 2026 4:00

“We currently live in a relatively low-cost, lower-tax Northwest state.” [...]

‘Please don’t let this happen to you’: My best friend died without a will — her neglectful family gets everything

September 7, 2026 1:00

“She struggled with the thought of leaving everything to people who, in her eyes, had never made much time for her.” [...]

Why the launch of OpenAI’s latest Astra model reignited the memory-chip trade

September 7, 2026 11:36

Since troughing on July 29, the semiconductor sector has been recovering steadily with the OpenAI ChatGPT-6 Astra release bolstering sentiment further [...]

Is the stock market open today for Labor Day? What about bond trading and mail delivery?

September 7, 2026 11:16