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Palm climbs on firmer crude oil, strong exports
April 7, 2026 7:07
Palm climbs on firmer crude oil, strong exports

KUALA LUMPUR: Malaysian palm oil futures rose on Tuesday, recouping the previous session’s losses, as firmer crude oil prices and strong export momentum supported the market amid the Middle East conflict. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange gained 39 ringgit, or 0.81%, to 4,850 ringgit ($1,201.98) a metric ton by the midday break. It fell 0.58% on Monday. The market continues to hinge on the direction of crude oil prices amid ongoing uncertainty over the geopolitical situation in the Middle East, said Paramalingam Supramaniam, director at Selangor-based brokerage Pelindung Bestari. “If exports continue in the same direction as we saw in March and existing stock levels hold steady, the market is expected to remain resilient,” Supramaniam said. Malaysia’s palm oil inventories likely dropped in March by the most in three years to their lowest level since last July, as a surge in exports more than offset a modest increase in output, a Reuters survey showed. The Malaysian Palm Oil Board is expected to release its supply and demand report on April 10. Dalian’s most-active soyoil contract rose 0.85%, and its palm oil contract added 0.34%. Soyoil prices on the Chicago Board of Trade firmed 0.39%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices extended gains as a U.S.-imposed deadline loomed for Iran to open the Strait of Hormuz or be “taken out”, with President Donald Trump threatening to order attacks on Iranian bridges and power plants. Stronger crude oil futures make palm a more attractive option for biodiesel feedstock. The ringgit, palm’s currency of trade, weakened 0.25% against the dollar, making the commodity slightly cheaper for buyers holding foreign currencies. Palm oil is biased to fall into a range of 4,696 ringgit to 4,749 ringgit per ton, as a correction from 4,919 ringgit looks incomplete, Reuters technical analyst Wang Tao said. [...]

South Korea shares edge higher as Samsung Elec flags soaring earnings
April 7, 2026 7:04
South Korea shares edge higher as Samsung Elec flags soaring earnings

SEOUL: Round-up of South Korean financial markets: South Korean shares closed higher on Tuesday, led by Samsung Electronics after the world’s largest memory chipmaker flagged an eight-fold jump in quarterly profit. The won strengthened, while the benchmark bond yield rose. The benchmark KOSPI rose 44.44 points, or 0.82%, to 5,494.77. Samsung Electronics projected its first-quarter earnings would exceed its entire profit for last year, beating expectations as booming demand for artificial intelligence infrastructure stretched supply and drove chip prices higher. Its shares closed 1.76% higher, while peer SK Hynix gained 3.39%. South Korea’s currency chief said the government will deploy decisive measures to stabilise the foreign exchange market if needed. Battery maker LG Energy Solution slid 0.97%. Hyundai Motor rose 0.85%, while sister automaker Kia Corp was down 0.53%. Steelmaker POSCO Holdings shed 1%, while drugmaker Samsung BioLogics rose 1.99%. Of the total 918 traded issues, 287 shares advanced, while 580 declined. Foreigners were net buyers of shares worth 406.9 billion won. The won was quoted at 1,504.2 per dollar on the onshore settlement platform, 0.37% stronger than its previous close at 1,509.8. In offshore trading, the won was quoted at 1,504.0 per dollar, up 0.3% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,502.5. The KOSPI has risen 30.39% so far this year. The won has weakened 4.3% against the dollar this year. In money and debt markets, June futures on three-year treasury bonds lost 0.04 point to 103.99. The most liquid three-year Korean treasury bond yield rose by 0.9 basis point to 3.455%, while the benchmark 10-year yield rose by 2.9 basis points to 3.753%. [...]

China stocks steady amid Iran war uncertainty
April 7, 2026 6:59
China stocks steady amid Iran war uncertainty

SHANGHAI: China stocks traded steady on Tuesday as markets remain focused on the war in the Middle East and high oil prices, whose impact on China has so far been relatively limited. Hong Kong market is closed for a public holiday. The benchmark Shanghai Composite Index was flat by the lunch break, while the blue-chip CSI300 Index dipped 0.3%. Investors coming back from the Tomb-Sweeping Day holiday are closely monitoring developments in the Middle East as the U.N. Security Council is expected to vote on Tuesday on a resolution to protect commercial shipping in the Strait of Hormuz. Meanwhile, the U.S. and Iran have been trading verbal barbs as President Donald Trump reiterated threats to strike Iran unless Tehran makes a deal by Tuesday night. “In the short term, the Iran war continues to dominate global assets pricing,” Ping An Securities said in a report. “In the mid- to long-term, the safe-haven nature of Chinese assets is expected to shine amid geopolitical upheavals.” China stocks decline for third straight week on ME jitters The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday. Goldman Sachs said its most recent weekly tracking shows “limited impact from higher energy prices so far” on China’s economic activity. Energy-related shares gained as Chinese President Xi Jinping called for accelerated planning and construction of a new energy system to safeguard the country’s energy security. China’s chipmaking stocks jumped as investors bet on stronger policy support from Beijing after a cross-party group of U.S. politicians proposed a law to impose further restrictions on exports of computer chipmaking equipment to China. Shares of Chinese carmakers fell after three Democratic senators on Friday urged Trump to bar Chinese automakers from building vehicles in the United States and to prevent Chinese cars assembled in Mexico or Canada from entering the United States. [...]

Record monthly outflows from India’s financials deepen market slide
April 7, 2026 6:54
Record monthly outflows from India’s financials deepen market slide

Record foreign outflows from India’s financial stocks in March underscored a deepening retreat by overseas investors, as fears over fallout from the Iran war on economic growth and earnings compounded pressure on Indian equities and the rupee. Foreign portfolio investors sold 606.55 billion rupees ($6.53 billion) of financial stocks in March, the highest on record and more than half of the total $12.66 billion pulled from Indian markets, according to National Securities Depository data released on Tuesday. Financials, banks, private lenders and state-owned banks fell 15.5%-20%, dragging the benchmark Nifty 50 index 11.3% lower to its worst monthly performance in six years. Top private lender HDFC Bank slid 17.6% in March, after the surprise exit of its part-time chairman. Concerns over potential losses due to the central bank’s decision on March 27 to tighten position limits on forex exposure also intensified foreign outflows, two analysts said. FPI selling in Indian markets hit a record high of $19.69 billion in the financial year 2026, which ended last month, leaving the Nifty 50 with its weakest fiscal year showing in six years. “Signs of depletion in local investors’ resources” The prospect of domestic institutional investors – who have been the market’s shock absorbers against volatile foreign flows – potentially losing their firepower is now further unsettling market participants. “We are now seeing the first signs of depletion in the resources of DIIs after 18 months of fighting this battle of equity flows,” said analysts led by Vikash Kumar Jain of CLSA on Tuesday. CLSA said cash held by equity mutual funds stood at 1.78 trillion rupees at the end of February 2026, down 24% from April 2025. “The market now needs foreign capital back,” the CLSA analysts said, adding that “the set-up of depleted DII reserves and continued (primary market) supply pressures makes the Indian equity market much more dependent on foreign inflows than any time over the past five years to drive up the markets,” CLSA analysts said. [...]

India plans sovereign guarantees on loans to businesses hit by Iran war, sources say
April 7, 2026 6:48
India plans sovereign guarantees on loans to businesses hit by Iran war, sources say

NEW DELHI: India plans to roll out sovereign credit guarantees on loans worth $26.7 billion, aimed at supporting businesses, particularly small firms, affected by the Middle East crisis, two government sources said. Businesses, such as textile and glass makers, have been hit by disruptions to supply from the Middle East due to the U.S.-Israeli war with Iran. At the same time India, the world’s third-largest oil importer, also faces the risk of rising inflation and slower growth. The government is planning sovereign guarantees for four years to banks that lend to businesses, similar to those provided during the deadly COVID-19 pandemic, both the sources said. This would cost the government about 170 billion to 180 billion rupees ($1.83 billion to $1.94 billion), they said. Details on state debt maturity profile to whet auction, derivatives demand, investors say India is planning to provide a guarantee of about 90% on loans up to 1 billion rupees ($10.75 million) to lenders in case borrowers default in the aftermath of the crisis in the Middle East, both the sources said. In 2020, India offered credit guarantees to support bank lending to businesses, including travel and tourism firms hit hardest by the COVID-19 pandemic, to help them resume operations and pay their debts. [...]

Indian shares decline ahead of Trump’s looming Iran deadline
April 7, 2026 6:44
Indian shares decline ahead of Trump’s looming Iran deadline

Indian shares fell on Tuesday, weighed down by fears of escalation in the Middle East war and a looming deadline set by U.S. President Donald Trump for a deal. The Nifty 50 lost 0.65% at 22,818.80 and the Sensex shed 0.64% to 73,639.40 as of 9:50 a.m. IST. Fourteen of the 16 major sectors declined. The broader small-caps and mid-caps lost 0.5% and 1%, respectively. The U.S. president reiterated threats to strike Iran’s power plants and civilian infrastructure unless Tehran reaches a deal by 8 p.m. EDT Tuesday, or 5:30 a.m. IST on Wednesday, to reopen the Strait of Hormuz. Iran said it wanted a permanent end to the conflict and not a temporary ceasefire. Brent crude hovered around $112 per barrel. Elevated crude prices strain India’s import bill and weigh on economic growth and corporate margins. The Nifty and the Sensex have each dropped 9.5% since the Iran war began on February 28. “Sentiment remains highly volatile with the developments in the Iran war, which has already pressurised foreign outflows from India and the rupee,” said Sonal Badhan, economist at Bank of Baroda. Since the Iran war began on Feb 28, foreign institutional investors offloaded $15.8 billion worth of shares, including a record $12.7 billion in March. “Given this backdrop, RBI will hold rates steady for the time being in its policy decision on Wednesday, remaining vigilant and announce growth forecasts keeping in view the impact of Iran war,” Badhan said. Rate sensitives such as financials, banks, auto, consumer lost 0.7%-1.5%. Among stocks, Jubilant Foodworks shed 8% after business update spurred worries of subdued March quarter earnings. Bucking the broader trend, metal index rose 0.4%. Hindalco rose 2.8% and Vedanta gained 2.2% after J.P. Morgan upgraded the aluminium makers to “overweight” from “neutral” on higher-for-longer aluminium prices. [...]

Indian rupee drifts higher, forward premiums retreat on lingering impact of RBI measures
April 7, 2026 6:39
Indian rupee drifts higher, forward premiums retreat on lingering impact of RBI measures

MUMBAI: The Indian rupee nudged higher on Tuesday while forward premiums retreated, as the unwinding of residual arbitrage positions ahead of an April 10 deadline supported the currency, despite concerns over a looming deadline for a U.S.-Iran ceasefire. The Indian rupee was trading just north of the 93 per dollar mark as of 10:30 a.m. IST, up 0.1%, although most of its regional peers slipped. A tightening of foreign exchange market rules by the Reserve Bank of India has helped ease pressure on the rupee by reversing a buildup of arbitrage wagers and also curbing routes for speculative trades, such as the rebooking of cancelled forward contracts. On March 27, the RBI directed banks to cap their net positions in the rupee at $100 million at the end of each business day, with authorised dealers required to comply by April 10. The rupee “should see a phase of relative stability after the April 10 deadline, while at the same time risks emanating from the Iran war could keep bullish wagers at bay,” a trader at a state-run bank said. Global markets were on tenterhooks as U.S. President Donald Trump threatened fresh strikes on Iran unless it met a Tuesday 8 p.m. EDT (midnight GMT) deadline to reach a deal. Stocks in Asia were mixed, with India’s Nifty 50 down 0.1%, while the yield on the 10-year government bond edged up 2 bps to 7.06%. “Our continued assessment is that the path towards peace is narrow and unlikely, given the wide gap in expectations among the different parties in this war,” MUFG said in a note. “As such we remain cautious on the path for Asian currencies and risk assets moving forward.” Meanwhile, dollar-rupee forward premiums dipped after rising sharply in the recent sessions. The 1-year implied yield was last down 3 bps at 3.39%. To close previously built arbitrage positions, banks need to sell dollars onshore while buying them in the non-deliverable forwards market. [...]

Selling returns to bourse, KSE-100 down 1,700 points
April 7, 2026 6:16
Selling returns to bourse, KSE-100 down 1,700 points

Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,700 points during the opening minutes of trading on Tuesday. At 9:40am, the benchmark index was hovering at 149,481.28, down by 1,726.53 points or 1.14%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, POL, PPL, PSO, FFC, HBL, MCB, NBP and UBL, traded in the red. “The psychological barrier of 150k has been shattered as a ‘perfect storm’ of geopolitical ultimatums and domestic fiscal pressures triggers a massive sell-off,” said Behtari Capital. “With the Trump-Iran deadline hours away and a massive $3.5 billion FX drain looming, the market is in wait-and-see mode. Focus on high-yield, export-oriented IT stocks that are benefiting from SBP’s recent easing,” it added. Meanwhile, mounting pressure on foreign exchange reserves has pushed Pakistan to explore fresh external financing options, including potential support from key allies China and Saudi Arabia, as it prepares to navigate a widening financing gap following the decision to repay around $3.5 billion to the United Arab Emirates (UAE). Mounting pressure on forex reserves: Fresh external financing options being explored On Monday, PSX witnessed a highly volatile session, with sharp two-way movements throughout the day before a late-session recovery as improving global sentiment and expectations of easing geopolitical tensions supported investor confidence. The benchmark KSE-100 Index settled at 151,207.82 points, registering a gain of 809.10 points or 0.54%. Internationally, global stocks wavered on Tuesday, while oil prices were perched near $110 per barrel as the prospect of ​escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervous investors ‌on the sidelines. Markets have been rattled since the US-Israel war on Iran broke out at the end of February, with Tehran effectively closing the Strait of Hormuz, a key global oil transit chokepoint that has spurred inflation worries. While investors have pinned their hopes on a resolution to the war, the talks so far have yielded no progress, with US ​President Donald Trump imposing a deadline of Tuesday, 8 p.m. Eastern Time (0000 GMT Wednesday) for a deal to be reached. That has left markets ​biding time with the US dollar holding onto its gains and oil prices rising. Brent crude futures rose 0.4% to $110.19 ⁠a barrel while US West Texas Intermediate crude futures climbed 0.8% to $113.31. A record-breaking quarterly profit forecast from chipmaker Samsung Electronics helped lift investor mood a ​bit, but markets remained focused on the Iran war. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.4% higher. Japan’s Nikkei was choppy as it ​erased early gains to trade 0.2% lower. US stock futures slipped 0.55%, while European futures pointed to a higher open after being closed for holidays on Friday and Monday. This is an intra-day update [...]

EAEU pivots to Pakistan to deepen South Asia footprint
April 7, 2026 5:28
EAEU pivots to Pakistan to deepen South Asia footprint

The Eurasian Economic Union (EAEU) has identified Pakistan as a key prospective partner in South Asia, signalling a growing strategic focus on deepening economic and trade ties with Pakistan amid shifting regional trade dynamics. The development came during a meeting between the Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission, Andrey Slepnev and the Federal Minister for Commerce of Pakistan, Jam Kamal Khan, on Monday, read an official statement. EAEU is an economic union of post-Soviet states, established in 2015 to promote free trade, economic integration, and the free movement of goods, services, capital, and labour among its members. With a combined GDP of around $3 trillion, it is headquartered in Moscow and comprises Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia. “The EAEU and its member states pay great attention to the development of mutually beneficial relations with countries of South Asia,” said Slepnev.  “The EAEU considers the Islamic Republic of Pakistan as one of the prospective partners in the region,” he added. The EAEU official noted that trade between the EAEU and Pakistan is developing dynamically and has a significant potential for expansion. ​Meanwhile, Jam Kamal noted that Pakistan views enhanced cooperation with the EAEU not only as a trade opportunity “but also as a strategic partnership in areas such as logistics, energy cooperation, digital trade, industrial collaboration, and supply chain integration”. “Pakistan supports the initiation of structured dialogue mechanisms with the Eurasian Economic Commission aimed at exploring a trade agreement, subject to the outcome of the joint feasibility study,” he said. Pakistan pushes climate–commerce integration to secure food supply system Pakistan reaffirmed its readiness to work closely with the Eurasian Economic Union and its member states in a constructive and forward-looking manner to unlock the full potential of trade and investment cooperation, read the statement. Both sides noted that there are good prospects for the development of trade and economic cooperation between the EAEU and Pakistan. With the aim to assess economic implications and determine the feasibility of introducing a preferential trade regime between the EAEU and Pakistan, both sides agreed to initiate setting up the joint feasibility study group in accordance with respective legal procedures, read the statement. [...]

Oil prices extend gains as Trump sharpens rhetoric on Iran
April 7, 2026 5:18
Oil prices extend gains as Trump sharpens rhetoric on Iran

BENGALURU: Oil prices extended gains on Tuesday as US President Donald Trump heightened his rhetoric ​against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global ‌oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while US West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain “hell” on Tehran if it fails to comply with his deadline of 8 p.m. EDT Tuesday to reopen ​the strait. “They could be taken out,” Trump warned, pledging further action if a deal is not reached. Responding to a ​US proposal through mediator Pakistan, Tehran rejected a ceasefire and said a permanent end to the ⁠war was necessary, and pushed back against pressure to reopen the strait. Iranian forces effectively shut the Strait of Hormuz after ​US and Israeli attacks began on February 28, disrupting a waterway that typically carries about 20% of global oil flows. “Clock-watching is now playing almost as ​big a role in oil markets as the fundamentals themselves in the run-up to Trump’s ultimatum deadline,” said Tim Waterer, chief market analyst at KCM Trade. “The potential for a ceasefire deal offers some counterweight and could spark a relief move lower if it gains traction, but persistent supply ​worries from the Hormuz chokepoint and damaged energy facilities are keeping the floor under prices.” Trump says Tuesday deadline to make a deal with Iran is final On Monday, Iran’s Revolutionary Guards halted two ​Qatar liquefied natural gas tankers and directed them to hold position without providing explanations, sources told Reuters. However, shipping data has shown limited vessel movement through ‌the strait ⁠since last Thursday. The U.N. Security Council is expected to vote on Tuesday on a resolution to protect commercial shipping in the Strait of Hormuz, but in a significantly watered-down form after veto-wielding China opposed authorising force, diplomats said. The attack in the region continued as explosions were heard in the Syrian capital, Damascus, and the surrounding countryside on Tuesday that were caused by the Israeli interception of ​Iranian missiles, Syrian state TV reported. Saudi ​Arabia said on Tuesday it intercepted ⁠and destroyed seven ballistic missiles launched towards its Eastern Region, with debris falling near energy facilities, according to the defence ministry. The conflict has pressured global crude markets, with spot premiums for US​ WTI crude surging to record highs as Asian and European refiners scramble to secure replacement ​supplies amid disrupted ⁠Middle Eastern flows. Saudi Arabia’s state oil company Aramco raised the official selling price of its Arab Light crude to Asia for May delivery, setting a record premium of $19.50 a barrel above the Oman/Dubai average. Adding to supply concerns, Russia on Monday said Ukrainian drones attacked the Caspian ⁠Pipeline Consortium’s ​terminal on the Black Sea, which handles 1.5% of global oil supply. Russia ​reported damage to loading infrastructure and storage tanks. OPEC+ agreed on Sunday to lift oil output quotas by 206,000 bpd in May, though the increase will be largely ​notional as key members cannot boost production because strait closures are curbing exports. [...]

OGRA directed to ensure compliance with data reporting requirements
April 6, 2026 6:13
OGRA directed to ensure compliance with data reporting requirements

The Cabinet Committee to Monitor Petrol Prices on Monday directed the Oil and Gas Regulatory Authority (OGRA) to ensure compliance with data reporting requirements, accelerate digitisation efforts across the supply chain, and maintain close coordination with the oil marketing companies (OMCs) and other relevant stakeholders to support seamless implementation of the system, the Finance Division said in a statement. The committee met under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, to review the petroleum supply situation and market conditions following the recent price adjustment. “The meeting focused on ensuring supply continuity, maintaining market discipline, and strengthening monitoring mechanisms across the supply chain,” the statement read. Also read: Energy conservation: markets, malls to close at 8pm across country except Sindh As per the details, the committee placed particular emphasis on strengthening monitoring and data-driven oversight through the digital dashboard launched by OGRA, which is designed to provide real-time visibility of stock levels, sales, and supply conditions from depots to retail outlets. The dashboard is expected to serve as a central tool for tracking key indicators, including sales, inventory, and demand fluctuations, enabling timely identification of supply gaps and informed decision-making. “While acknowledging progress, the committee noted that data reporting from retail outlets remains below expectations, particularly given the scale of over 12,000 petrol pumps nationwide, and stressed the need to fully operationalise the system to realise its intended benefits.” The finance minister emphasised the importance of timely data integration and directed all stakeholders to ensure prompt and accurate sharing of information to support effective utilisation of the dashboard for decision-making. “OGRA was directed to ensure compliance with data reporting requirements, accelerate digitisation efforts across the supply chain, and maintain close coordination with oil marketing companies and other relevant stakeholders to support seamless implementation of the system. In this context, PSO will further enhance visibility across its retail network and strengthen reporting coverage on a priority basis. “To reinforce implementation, it was decided that joint teams comprising representatives of the Petroleum Division, OGRA, FIA, and Pakistan State Oil will be deployed to selected PSO petrol pumps in Islamabad to support timely data entry, improve stock transparency, and ensure operational compliance. The committee underscored the importance of institutionalising such mechanisms to strengthen oversight, enhance accountability, and promote consistency in reporting practices across the retail network.” The committee undertook a comprehensive review of petroleum stock positions, import plans, and refinery operations. “Members were informed that the overall supply position remains stable, with diesel stocks providing approximately 25 days of cover, petrol availability sufficient to meet current demand, and crude oil stocks at around 12 days of cover, supported by incoming cargoes and scheduled imports.” The Petroleum Division apprised the committee that import arrangements for the coming weeks are on track through a combination of commercial procurement and government-to-government engagements, while refineries continue to operate at optimal levels to maintain throughput and ensure efficient conversion of crude into refined products. The committee also noted the critical importance of reliable energy supply in supporting key sectors such as agriculture, fertiliser production, transportation, and industry, underscoring its role in sustaining economic activity and maintaining price stability. In light of recent price movements, the committee emphasised continued vigilance across the supply chain to prevent hoarding, speculative behavior, and any disruption in product availability. Also read: PM Shehbaz urges nationwide shift to EVs to cut fuel costs “The importance of closely monitoring demand patterns, including localised variations in consumption, was highlighted to support balanced supply management. The committee also underscored the need to discourage unauthorised storage and address market irregularities within the regulatory framework.” The committee also reviewed the gas supply situation, including stock positions of SNGPL and SSGC, and discussed options for managing gas availability for domestic consumers and its allocation between domestic and power sectors. Members emphasised a balanced, data-driven approach to ensure efficient utilisation of resources, particularly in view of seasonal demand and increasing reliance on LPG. [...]

IT firms, freelancers exempted from declaring export proceeds of up to $25,000
April 6, 2026 5:51
IT firms, freelancers exempted from declaring export proceeds of up to $25,000

Pakistan central bank has exempted information technology (IT) companies and freelancers from declaring the receipt of export proceeds of up to $25,000, softening the services export reporting rules with an aim to accelerate growth of the country’s IT exports, according to a notification issued on Monday. Besides, the State Bank of Pakistan (SBP) has continued to allow the IT firms and freelancers retain $5,000 per month or 50% of their export proceeds, whichever is higher, in their Exporters’ Special Foreign Currency Accounts (ESFCAs), according to a separate notification. “The thresholds of Form “R” and IRV [Inward Remittance Voucher] have also been revised to $25,000 (equivalent in other currencies),” SBP said in notification. “Earlier, the reporting threshold was set at above $10,000,” Exchange Companies Association of Pakistan (ECAP) President Zafar Paracha told Business Recorder. Also read: Pakistan allows all non-residents to operate bank accounts to boost foreign investment The central bank has, however, revised reporting requirements for commercial banks, mandating them to provide more detailed information – on behalf of IT companies and freelancers – regarding the purpose of their overseas payments. “Authorized dealers [banks] are advised to use these [Form ‘R’ for reporting inward remittances of above $25,000 and Form ‘M’ for outward remittances] revised formats with immediate effect for capturing the details of applicable inward and outward remittance transactions,” the central bank notification reads. The IT firms and freelancers are allowed to utilise the retained funds for the purposes, including import of goods, advance payments for imports, payment for foreign consultancy, software/IT services subscriptions, and freelancers of companies paying overseas vendors, it was learnt. “The funds available in the ESFCAs may be converted into PKR [Pakistani currency/rupee] at any time upon the request of the customer. However, these funds cannot be credited/transferred to any other FCY [foreign currency] account(s),” the central bank said. SBP press statement reads banks have been advised to digitalise Form “R” and Form “M” with auto-population functionality for the customer’s basic data to further promote ease of doing business. “SBP believes that these measures will significantly enhance operational efficiency and contribute meaningfully towards the growth of Pakistan’s IT exports.” Paracha further said the ease in regulations for the reporting would fast track the receipt of the export proceeds in the country, encourage the exporters to bring more foreign exchange in the country, and help boosting IT exports. Also read: Pakistan startups projected to continue gaining enhanced access to financing in 2026 It may be noted that Pakistan’s IT exports maintained a declining trend, with receipts decreasing to $365 million in February 2026, according to SBP data. The inflows of IT sector receipts had stood at $374 million in January 2026, down from $437 million in December 2025. Inflows of IT and IT-enabled services stood at $2.97 billion during the period of July to February. [...]

PM Shehbaz urges nationwide shift to EVs to cut fuel costs
April 6, 2026 4:53
PM Shehbaz urges nationwide shift to EVs to cut fuel costs

Prime Minister Shehbaz Sharif on Monday stressed the need to promote environment-friendly electric vehicles (EVs) nationwide, saying the shift could help conserve foreign exchange reserves amid rising global oil prices, state-run APP reported. Addressing a ceremony of provision of eco-smart EVs to the Islamabad Capital Traffic Police, the prime minister said such energy saving initiatives should be emulated by all the law enforcement agencies and provinces. Also read: Energy conservation: markets, malls to close at 8pm across country except Sindh He observed that a total of 15 electric vehicles were provided by the interior ministry, which ran on batteries without using petrol and oil, while another batch of vehicles would be inducted soon. Terming the initiative a significant one, the prime minister said these steps would cast positive impacts upon the country’s foreign reserves. The provision of eco-smart electric vehicles has been a part of the government’s energy-saving policy, according to the APP. The work on fuel economy and electric vehicles policy had kickstarted prior to the current regional crises, resulting in the procurement of the vehicles, it reported. [...]

Rupee gains ground against US dollar
April 6, 2026 3:47
Rupee gains ground against US dollar

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false, pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Closing Rate' } } } } }); The Pakistani rupee registered marginal gain, appreciating 0.01% against the US dollar in the inter-bank market on Monday. At close, the local currency settled at 279.07, a gain of Re0.03, against the greenback. On Friday, the local unit closed at 279.10. Meanwhile, the US dollar was steady on Monday, while the yen flirted with the crucial 160 per dollar level as nervous investors took ​stock of the escalating Iran war. The euro eased 0.13% to $1.151 in early trading, while sterling last fetched $1.3187. ​ The dollar index, which measures the US currency against six rivals, was at 100.2. The Australian dollar was 0.13% higher at $0.6893, wobbling near the two-month low it hit last week. Additionally, oil prices were little changed in choppy trade on Monday. Oil prices inched up in choppy ​trade on Monday, as investors awaited clarity on the status of talks between the US and Iran and remained ‌wary about sustained supply losses due to shipping disruptions. Brent crude futures were up 0.1% to $109.13 a barrel at 1326 GMT. U.S. West Texas Intermediate crude futures were trading up 0.69%, or 77 cents, at $112.31 per barrel. Inter-bank market rates for dollar on Monday BID Rs 279.07 OFFER Rs 279.27 Open-market movement In the open market, the PKR lost 8 paise for buying and gained 5 paise for selling against USD, closing at 279.31 and 280.13, respectively. Against Euro, the PKR lost 10 paise for buying and gained 14 paise for selling, closing at 321.28 and 324.42, respectively. Against UAE Dirham, the PKR lost 3 paise for buying and remained unchanged for selling, closing at 75.97 and 76.86, respectively. Against Saudi Riyal, the PKR lost 6 paise for buying and 1 paisa for selling, closing at 74.27 and 75.05, respectively. Open-market rates for dollar on Monday BID Rs 279.31 OFFER Rs 280.13 [...]

Gulf equities mixed as investors await clarity on US-Iran talks
April 6, 2026 3:21
Gulf equities mixed as investors await clarity on US-Iran talks

Gulf stock markets closed mixed on Monday as investors awaited clarity on reports of U.S.-Iran ceasefire talks that came after U.S. President Donald Trump warned Tehran of “hell” unless the Strait of Hormuz was reopened. Trump warned in an expletive-laden Easter Sunday social media post that he would order strikes on Iran’s power plants and bridges on Tuesday if the strategic waterway was not reopened. The United States and Iran have received the framework of a plan to end hostilities, but Tehran rejected an immediate reopening of the Strait of Hormuz after President Donald Trump threatened to rain “hell” on Iran if it failed to reach a deal by the end of Tuesday. Brent crude futures inched 36 cents lower, or 0.33%, to $108.67 a barrel at 1222 GMT. Saudi Arabia’s benchmark index eased 0.1%, hit by a 0.7% fall in the country’s biggest lender by assets Saudi National Bank. Elsewhere, oil major Saudi Aramco fell 0.2%. GCC markets posted mixed performances as geopolitical uncertainty kept investors on the sidelines. In the near term, trading is likely to remain cautious and highly responsive to headlines surrounding regional tensions, said Joseph Dahrieh, Managing Director at Tickmill. Dubai’s main share index dropped 0.7%, weighed down by a 3% slide in Emaar Properties . In Abu Dhabi, the index gained 0.3%. According to Dahrieh, emerging hopes of a potential de-escalation could underpin sentiment and provide a stabilizing effect. UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee passage through the Strait of Hormuz. Gargash warned that any deal that does not restrain Iran’s nuclear programme and its missile and drone arsenal would pave the way for “a more dangerous, more volatile Middle East.” The UAE was hit harder than any other Gulf state, according to regional officials, following Tehran’s retaliation for U.S.-Israeli strikes with missiles and drones that targeted Israeli and U.S. bases and key Gulf infrastructure in the region. The Qatari benchmark advanced 1.8%, buoyed by a 1.6% rise in the Gulf’s biggest lender Qatar National Bank . Meanwhile, two vessels carrying liquefied natural gas (LNG) from Ras Laffan, Qatar, turned back after moving east toward the Strait of Hormuz, ship-tracking data showed on Monday. Qatar, the world’s second-largest exporter of LNG, directs most of its shipments to Asia. Iranian attacks, however, knocked out 17% of export capacity, with 12.8 million tonnes per year expected to remain offline for three to five years. Outside the Gulf, Egypt’s blue-chip index gained 0.8%. Saudi Arabia eased 0.1% to 11,263Abu Dhabi added 0.3% to 9,625Dubai dropped 0.7% to 5,448Qatar advanced 1.8% to 10,346Egypt gained 0.8% to 47,652Bahrain was flat at 1,880Oman finished flat at 8,276Kuwait rose 1.1% to 9,135 [...]

South Korea shares edge higher as Samsung Elec flags soaring earnings
April 7, 2026 7:04
South Korea shares edge higher as Samsung Elec flags soaring earnings

SEOUL: Round-up of South Korean financial markets: South Korean shares closed higher on Tuesday, led by Samsung Electronics after the world’s largest memory chipmaker flagged an eight-fold jump in quarterly profit. The won strengthened, while the benchmark bond yield rose. The benchmark KOSPI rose 44.44 points, or 0.82%, to 5,494.77. Samsung Electronics projected its first-quarter earnings would exceed its entire profit for last year, beating expectations as booming demand for artificial intelligence infrastructure stretched supply and drove chip prices higher. Its shares closed 1.76% higher, while peer SK Hynix gained 3.39%. South Korea’s currency chief said the government will deploy decisive measures to stabilise the foreign exchange market if needed. Battery maker LG Energy Solution slid 0.97%. Hyundai Motor rose 0.85%, while sister automaker Kia Corp was down 0.53%. Steelmaker POSCO Holdings shed 1%, while drugmaker Samsung BioLogics rose 1.99%. Of the total 918 traded issues, 287 shares advanced, while 580 declined. Foreigners were net buyers of shares worth 406.9 billion won. The won was quoted at 1,504.2 per dollar on the onshore settlement platform, 0.37% stronger than its previous close at 1,509.8. In offshore trading, the won was quoted at 1,504.0 per dollar, up 0.3% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,502.5. The KOSPI has risen 30.39% so far this year. The won has weakened 4.3% against the dollar this year. In money and debt markets, June futures on three-year treasury bonds lost 0.04 point to 103.99. The most liquid three-year Korean treasury bond yield rose by 0.9 basis point to 3.455%, while the benchmark 10-year yield rose by 2.9 basis points to 3.753%. [...]

GSK Pakistan appoints chairperson
April 7, 2026 6:59
GSK Pakistan appoints chairperson

Pharmaceutical giant GlaxoSmithKline Pakistan Limited announced on Tuesday the appointment of Dmytro Oliinyk, VP Head of Finance, International Region of GlaxoSmithKline, as Non-Executive Director and Chairperson. The company disclosed in a notice to the Pakistan Stock Exchange (PSX) today. It said that Dmytro will fill in the casual vacancy due to the resignation of Lai Kuen Goh from the Board of Directors of GlaxoSmithKline Pakistan Limited. GlaxoSmithKline Pakistan Limited was incorporated in Pakistan as a limited liability company and is engaged in the manufacturing and marketing of research-based ethical specialities and pharmaceutical products. The company is a subsidiary of S.R. One International B.V., incorporated in the Netherlands, whereas its ultimate parent company is GlaxoSmithKline plc, UK (GSK plc) [...]

China stocks steady amid Iran war uncertainty
April 7, 2026 6:59
China stocks steady amid Iran war uncertainty

SHANGHAI: China stocks traded steady on Tuesday as markets remain focused on the war in the Middle East and high oil prices, whose impact on China has so far been relatively limited. Hong Kong market is closed for a public holiday. The benchmark Shanghai Composite Index was flat by the lunch break, while the blue-chip CSI300 Index dipped 0.3%. Investors coming back from the Tomb-Sweeping Day holiday are closely monitoring developments in the Middle East as the U.N. Security Council is expected to vote on Tuesday on a resolution to protect commercial shipping in the Strait of Hormuz. Meanwhile, the U.S. and Iran have been trading verbal barbs as President Donald Trump reiterated threats to strike Iran unless Tehran makes a deal by Tuesday night. “In the short term, the Iran war continues to dominate global assets pricing,” Ping An Securities said in a report. “In the mid- to long-term, the safe-haven nature of Chinese assets is expected to shine amid geopolitical upheavals.” China stocks decline for third straight week on ME jitters The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday. Goldman Sachs said its most recent weekly tracking shows “limited impact from higher energy prices so far” on China’s economic activity. Energy-related shares gained as Chinese President Xi Jinping called for accelerated planning and construction of a new energy system to safeguard the country’s energy security. China’s chipmaking stocks jumped as investors bet on stronger policy support from Beijing after a cross-party group of U.S. politicians proposed a law to impose further restrictions on exports of computer chipmaking equipment to China. Shares of Chinese carmakers fell after three Democratic senators on Friday urged Trump to bar Chinese automakers from building vehicles in the United States and to prevent Chinese cars assembled in Mexico or Canada from entering the United States. [...]

Record monthly outflows from India’s financials deepen market slide
April 7, 2026 6:54
Record monthly outflows from India’s financials deepen market slide

Record foreign outflows from India’s financial stocks in March underscored a deepening retreat by overseas investors, as fears over fallout from the Iran war on economic growth and earnings compounded pressure on Indian equities and the rupee. Foreign portfolio investors sold 606.55 billion rupees ($6.53 billion) of financial stocks in March, the highest on record and more than half of the total $12.66 billion pulled from Indian markets, according to National Securities Depository data released on Tuesday. Financials, banks, private lenders and state-owned banks fell 15.5%-20%, dragging the benchmark Nifty 50 index 11.3% lower to its worst monthly performance in six years. Top private lender HDFC Bank slid 17.6% in March, after the surprise exit of its part-time chairman. Concerns over potential losses due to the central bank’s decision on March 27 to tighten position limits on forex exposure also intensified foreign outflows, two analysts said. FPI selling in Indian markets hit a record high of $19.69 billion in the financial year 2026, which ended last month, leaving the Nifty 50 with its weakest fiscal year showing in six years. “Signs of depletion in local investors’ resources” The prospect of domestic institutional investors – who have been the market’s shock absorbers against volatile foreign flows – potentially losing their firepower is now further unsettling market participants. “We are now seeing the first signs of depletion in the resources of DIIs after 18 months of fighting this battle of equity flows,” said analysts led by Vikash Kumar Jain of CLSA on Tuesday. CLSA said cash held by equity mutual funds stood at 1.78 trillion rupees at the end of February 2026, down 24% from April 2025. “The market now needs foreign capital back,” the CLSA analysts said, adding that “the set-up of depleted DII reserves and continued (primary market) supply pressures makes the Indian equity market much more dependent on foreign inflows than any time over the past five years to drive up the markets,” CLSA analysts said. [...]

India plans sovereign guarantees on loans to businesses hit by Iran war, sources say
April 7, 2026 6:48
India plans sovereign guarantees on loans to businesses hit by Iran war, sources say

NEW DELHI: India plans to roll out sovereign credit guarantees on loans worth $26.7 billion, aimed at supporting businesses, particularly small firms, affected by the Middle East crisis, two government sources said. Businesses, such as textile and glass makers, have been hit by disruptions to supply from the Middle East due to the U.S.-Israeli war with Iran. At the same time India, the world’s third-largest oil importer, also faces the risk of rising inflation and slower growth. The government is planning sovereign guarantees for four years to banks that lend to businesses, similar to those provided during the deadly COVID-19 pandemic, both the sources said. This would cost the government about 170 billion to 180 billion rupees ($1.83 billion to $1.94 billion), they said. Details on state debt maturity profile to whet auction, derivatives demand, investors say India is planning to provide a guarantee of about 90% on loans up to 1 billion rupees ($10.75 million) to lenders in case borrowers default in the aftermath of the crisis in the Middle East, both the sources said. In 2020, India offered credit guarantees to support bank lending to businesses, including travel and tourism firms hit hardest by the COVID-19 pandemic, to help them resume operations and pay their debts. [...]

Indian shares decline ahead of Trump’s looming Iran deadline
April 7, 2026 6:44
Indian shares decline ahead of Trump’s looming Iran deadline

Indian shares fell on Tuesday, weighed down by fears of escalation in the Middle East war and a looming deadline set by U.S. President Donald Trump for a deal. The Nifty 50 lost 0.65% at 22,818.80 and the Sensex shed 0.64% to 73,639.40 as of 9:50 a.m. IST. Fourteen of the 16 major sectors declined. The broader small-caps and mid-caps lost 0.5% and 1%, respectively. The U.S. president reiterated threats to strike Iran’s power plants and civilian infrastructure unless Tehran reaches a deal by 8 p.m. EDT Tuesday, or 5:30 a.m. IST on Wednesday, to reopen the Strait of Hormuz. Iran said it wanted a permanent end to the conflict and not a temporary ceasefire. Brent crude hovered around $112 per barrel. Elevated crude prices strain India’s import bill and weigh on economic growth and corporate margins. The Nifty and the Sensex have each dropped 9.5% since the Iran war began on February 28. “Sentiment remains highly volatile with the developments in the Iran war, which has already pressurised foreign outflows from India and the rupee,” said Sonal Badhan, economist at Bank of Baroda. Since the Iran war began on Feb 28, foreign institutional investors offloaded $15.8 billion worth of shares, including a record $12.7 billion in March. “Given this backdrop, RBI will hold rates steady for the time being in its policy decision on Wednesday, remaining vigilant and announce growth forecasts keeping in view the impact of Iran war,” Badhan said. Rate sensitives such as financials, banks, auto, consumer lost 0.7%-1.5%. Among stocks, Jubilant Foodworks shed 8% after business update spurred worries of subdued March quarter earnings. Bucking the broader trend, metal index rose 0.4%. Hindalco rose 2.8% and Vedanta gained 2.2% after J.P. Morgan upgraded the aluminium makers to “overweight” from “neutral” on higher-for-longer aluminium prices. [...]

PPL extends CEO Khalid Rehman’s tenure
April 7, 2026 6:44
PPL extends CEO Khalid Rehman’s tenure

Pakistan Petroleum Limited’s (PPL) board has approved an extension in the tenure of its Chief Executive Officer (CEO), Mohammad Khalid Rehman, on an interim basis, ensuring continuity in leadership until a permanent appointment is made. “We would like to inform that the board of directors of the company at its meeting held on 7th April 2026 has approved extension in the term of appointment of Mohammad Khalid Rehman as the CEO/ Managing Director of the company with effect from 10th April 2026, until the appointment of a regular CEO of the company,” PPL informed in a notice to the Pakistan Stock Exchange (PSX) on Tuesday. Earlier in January, Rehman was appointed in the place of Sikandar Ali Memon “for a period of three months or appointment of a regular CEO of the Company, whichever is earlier”. A seasoned professional with more than 30 years of national and international experience, Rehman started his career with PPL in 2009 as Chief Accountant. During the last 27 years, he has held various senior positions, including Manager Treasury Operations, Senior Manager Finance and Senior Manager Corporate Planning, before assuming the charge as Chief Financial Officer in 2022. Before joining PPL, Rehman was associated with several reputable organisations, including Ernst & Young, Ford Rhodes Sidat Hyder, Umer Group of Companies, ORIX Leasing Pakistan Limited, State Street Fund Services Toronto, Inc., and Bank of Montreal, gaining rich experience in Pakistan, Canada and Egypt. Rehman is a fellow member of the Institute of Chartered Accountants of Pakistan, a CPA from The Institute of Chartered Accountants of Ontario, Canada, as well as an associate member of the Institute of Cost and Management Accountants of Pakistan. As one of the largest exploration and production companies in Pakistan, PPL plays a pivotal role in exploring, prospecting, developing, and producing oil and natural gas resources. [...]

Indian rupee drifts higher, forward premiums retreat on lingering impact of RBI measures
April 7, 2026 6:39
Indian rupee drifts higher, forward premiums retreat on lingering impact of RBI measures

MUMBAI: The Indian rupee nudged higher on Tuesday while forward premiums retreated, as the unwinding of residual arbitrage positions ahead of an April 10 deadline supported the currency, despite concerns over a looming deadline for a U.S.-Iran ceasefire. The Indian rupee was trading just north of the 93 per dollar mark as of 10:30 a.m. IST, up 0.1%, although most of its regional peers slipped. A tightening of foreign exchange market rules by the Reserve Bank of India has helped ease pressure on the rupee by reversing a buildup of arbitrage wagers and also curbing routes for speculative trades, such as the rebooking of cancelled forward contracts. On March 27, the RBI directed banks to cap their net positions in the rupee at $100 million at the end of each business day, with authorised dealers required to comply by April 10. The rupee “should see a phase of relative stability after the April 10 deadline, while at the same time risks emanating from the Iran war could keep bullish wagers at bay,” a trader at a state-run bank said. Global markets were on tenterhooks as U.S. President Donald Trump threatened fresh strikes on Iran unless it met a Tuesday 8 p.m. EDT (midnight GMT) deadline to reach a deal. Stocks in Asia were mixed, with India’s Nifty 50 down 0.1%, while the yield on the 10-year government bond edged up 2 bps to 7.06%. “Our continued assessment is that the path towards peace is narrow and unlikely, given the wide gap in expectations among the different parties in this war,” MUFG said in a note. “As such we remain cautious on the path for Asian currencies and risk assets moving forward.” Meanwhile, dollar-rupee forward premiums dipped after rising sharply in the recent sessions. The 1-year implied yield was last down 3 bps at 3.39%. To close previously built arbitrage positions, banks need to sell dollars onshore while buying them in the non-deliverable forwards market. [...]

Selling returns to bourse, KSE-100 down 1,700 points
April 7, 2026 6:16
Selling returns to bourse, KSE-100 down 1,700 points

Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,700 points during the opening minutes of trading on Tuesday. At 9:40am, the benchmark index was hovering at 149,481.28, down by 1,726.53 points or 1.14%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, POL, PPL, PSO, FFC, HBL, MCB, NBP and UBL, traded in the red. “The psychological barrier of 150k has been shattered as a ‘perfect storm’ of geopolitical ultimatums and domestic fiscal pressures triggers a massive sell-off,” said Behtari Capital. “With the Trump-Iran deadline hours away and a massive $3.5 billion FX drain looming, the market is in wait-and-see mode. Focus on high-yield, export-oriented IT stocks that are benefiting from SBP’s recent easing,” it added. Meanwhile, mounting pressure on foreign exchange reserves has pushed Pakistan to explore fresh external financing options, including potential support from key allies China and Saudi Arabia, as it prepares to navigate a widening financing gap following the decision to repay around $3.5 billion to the United Arab Emirates (UAE). Mounting pressure on forex reserves: Fresh external financing options being explored On Monday, PSX witnessed a highly volatile session, with sharp two-way movements throughout the day before a late-session recovery as improving global sentiment and expectations of easing geopolitical tensions supported investor confidence. The benchmark KSE-100 Index settled at 151,207.82 points, registering a gain of 809.10 points or 0.54%. Internationally, global stocks wavered on Tuesday, while oil prices were perched near $110 per barrel as the prospect of ​escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervous investors ‌on the sidelines. Markets have been rattled since the US-Israel war on Iran broke out at the end of February, with Tehran effectively closing the Strait of Hormuz, a key global oil transit chokepoint that has spurred inflation worries. While investors have pinned their hopes on a resolution to the war, the talks so far have yielded no progress, with US ​President Donald Trump imposing a deadline of Tuesday, 8 p.m. Eastern Time (0000 GMT Wednesday) for a deal to be reached. That has left markets ​biding time with the US dollar holding onto its gains and oil prices rising. Brent crude futures rose 0.4% to $110.19 ⁠a barrel while US West Texas Intermediate crude futures climbed 0.8% to $113.31. A record-breaking quarterly profit forecast from chipmaker Samsung Electronics helped lift investor mood a ​bit, but markets remained focused on the Iran war. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.4% higher. Japan’s Nikkei was choppy as it ​erased early gains to trade 0.2% lower. US stock futures slipped 0.55%, while European futures pointed to a higher open after being closed for holidays on Friday and Monday. This is an intra-day update [...]

EAEU pivots to Pakistan to deepen South Asia footprint
April 7, 2026 5:28
EAEU pivots to Pakistan to deepen South Asia footprint

The Eurasian Economic Union (EAEU) has identified Pakistan as a key prospective partner in South Asia, signalling a growing strategic focus on deepening economic and trade ties with Pakistan amid shifting regional trade dynamics. The development came during a meeting between the Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission, Andrey Slepnev and the Federal Minister for Commerce of Pakistan, Jam Kamal Khan, on Monday, read an official statement. EAEU is an economic union of post-Soviet states, established in 2015 to promote free trade, economic integration, and the free movement of goods, services, capital, and labour among its members. With a combined GDP of around $3 trillion, it is headquartered in Moscow and comprises Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia. “The EAEU and its member states pay great attention to the development of mutually beneficial relations with countries of South Asia,” said Slepnev.  “The EAEU considers the Islamic Republic of Pakistan as one of the prospective partners in the region,” he added. The EAEU official noted that trade between the EAEU and Pakistan is developing dynamically and has a significant potential for expansion. ​Meanwhile, Jam Kamal noted that Pakistan views enhanced cooperation with the EAEU not only as a trade opportunity “but also as a strategic partnership in areas such as logistics, energy cooperation, digital trade, industrial collaboration, and supply chain integration”. “Pakistan supports the initiation of structured dialogue mechanisms with the Eurasian Economic Commission aimed at exploring a trade agreement, subject to the outcome of the joint feasibility study,” he said. Pakistan pushes climate–commerce integration to secure food supply system Pakistan reaffirmed its readiness to work closely with the Eurasian Economic Union and its member states in a constructive and forward-looking manner to unlock the full potential of trade and investment cooperation, read the statement. Both sides noted that there are good prospects for the development of trade and economic cooperation between the EAEU and Pakistan. With the aim to assess economic implications and determine the feasibility of introducing a preferential trade regime between the EAEU and Pakistan, both sides agreed to initiate setting up the joint feasibility study group in accordance with respective legal procedures, read the statement. [...]

Oil prices extend gains as Trump sharpens rhetoric on Iran
April 7, 2026 5:18
Oil prices extend gains as Trump sharpens rhetoric on Iran

BENGALURU: Oil prices extended gains on Tuesday as US President Donald Trump heightened his rhetoric ​against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global ‌oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while US West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain “hell” on Tehran if it fails to comply with his deadline of 8 p.m. EDT Tuesday to reopen ​the strait. “They could be taken out,” Trump warned, pledging further action if a deal is not reached. Responding to a ​US proposal through mediator Pakistan, Tehran rejected a ceasefire and said a permanent end to the ⁠war was necessary, and pushed back against pressure to reopen the strait. Iranian forces effectively shut the Strait of Hormuz after ​US and Israeli attacks began on February 28, disrupting a waterway that typically carries about 20% of global oil flows. “Clock-watching is now playing almost as ​big a role in oil markets as the fundamentals themselves in the run-up to Trump’s ultimatum deadline,” said Tim Waterer, chief market analyst at KCM Trade. “The potential for a ceasefire deal offers some counterweight and could spark a relief move lower if it gains traction, but persistent supply ​worries from the Hormuz chokepoint and damaged energy facilities are keeping the floor under prices.” Trump says Tuesday deadline to make a deal with Iran is final On Monday, Iran’s Revolutionary Guards halted two ​Qatar liquefied natural gas tankers and directed them to hold position without providing explanations, sources told Reuters. However, shipping data has shown limited vessel movement through ‌the strait ⁠since last Thursday. The U.N. Security Council is expected to vote on Tuesday on a resolution to protect commercial shipping in the Strait of Hormuz, but in a significantly watered-down form after veto-wielding China opposed authorising force, diplomats said. The attack in the region continued as explosions were heard in the Syrian capital, Damascus, and the surrounding countryside on Tuesday that were caused by the Israeli interception of ​Iranian missiles, Syrian state TV reported. Saudi ​Arabia said on Tuesday it intercepted ⁠and destroyed seven ballistic missiles launched towards its Eastern Region, with debris falling near energy facilities, according to the defence ministry. The conflict has pressured global crude markets, with spot premiums for US​ WTI crude surging to record highs as Asian and European refiners scramble to secure replacement ​supplies amid disrupted ⁠Middle Eastern flows. Saudi Arabia’s state oil company Aramco raised the official selling price of its Arab Light crude to Asia for May delivery, setting a record premium of $19.50 a barrel above the Oman/Dubai average. Adding to supply concerns, Russia on Monday said Ukrainian drones attacked the Caspian ⁠Pipeline Consortium’s ​terminal on the Black Sea, which handles 1.5% of global oil supply. Russia ​reported damage to loading infrastructure and storage tanks. OPEC+ agreed on Sunday to lift oil output quotas by 206,000 bpd in May, though the increase will be largely ​notional as key members cannot boost production because strait closures are curbing exports. [...]

Sindh Bank posts record pre-tax profit of Rs6.37bn
April 6, 2026 9:22
Sindh Bank posts record pre-tax profit of Rs6.37bn

KARACHI: The shareholders of Sindh Bank have approved the Annual Audited Financial Statements for the year ended December 31, 2025, at the Annual General Meeting held on March 30, 2026. The Bank reported its record high Profit Before Tax of Rs6.37 billion, more than double (i.e. 155 percent increase) from previous year driven by resilient margin and robust growth in deposits and advances both touching new peaks at the close of year 2025. Operating profit also registered manifold increase attributable to significantly higher Markup as well as Non Markup income. Net markup income increased by 40 percent during the year 2025, despite downward revisions in the policy rate, non markup income of bank also increased by 43 percent i.e. Rs568 million attributable to increase in income from Fees, Commission, Dividends and gain on securities during the year 2025.Profit After Tax for the year ended 2025 increased by more than 20 percent to Rs3.35 billion compared to Rs2.77 billion last year. Total Equity of the Bank grew by Rs4.39 billion reaching to Rs33.55 billion at December 31, 2025. Bank’s Capital Adequacy Ratio stood at 25.04 percent as against the minimum requirement of 11.50 percent and maintained Rs28.47 billion as minimum capital against the requirement of Rs10 billion as on December 31, 2025 reflecting capital strength and resilience to absorb impacts and pursue balance sheet growth. Deposits increased to an all time high of Rs342 billion at the end of December 2025 surpassing previous year peak of Rs312 billion witnessing increase of Rs30 billion. Bank also managed to improve deposit mix especially Non-remunerative deposits which notably strengthened profitability. CASA ratio improved to 87 percent from 82 percent in December 2024. With the focus on customer widening, the number of account holders significantly increased with the addition of 482,198 new customer accounts. Gross Advances touched an all time high figure of Rs170 billion at the close of year 2025 representing 72 percent increase over Rs98.9 billion as on December 31, 2024 which was driven by growth of 157 percent & 64 percent outstanding portfolio of SME &Consumer Financing segments respectively besides major expansion in sovereign backed financing. Copyright Business Recorder, 2026 [...]

OGRA directed to ensure compliance with data reporting requirements
April 6, 2026 6:13
OGRA directed to ensure compliance with data reporting requirements

The Cabinet Committee to Monitor Petrol Prices on Monday directed the Oil and Gas Regulatory Authority (OGRA) to ensure compliance with data reporting requirements, accelerate digitisation efforts across the supply chain, and maintain close coordination with the oil marketing companies (OMCs) and other relevant stakeholders to support seamless implementation of the system, the Finance Division said in a statement. The committee met under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, to review the petroleum supply situation and market conditions following the recent price adjustment. “The meeting focused on ensuring supply continuity, maintaining market discipline, and strengthening monitoring mechanisms across the supply chain,” the statement read. Also read: Energy conservation: markets, malls to close at 8pm across country except Sindh As per the details, the committee placed particular emphasis on strengthening monitoring and data-driven oversight through the digital dashboard launched by OGRA, which is designed to provide real-time visibility of stock levels, sales, and supply conditions from depots to retail outlets. The dashboard is expected to serve as a central tool for tracking key indicators, including sales, inventory, and demand fluctuations, enabling timely identification of supply gaps and informed decision-making. “While acknowledging progress, the committee noted that data reporting from retail outlets remains below expectations, particularly given the scale of over 12,000 petrol pumps nationwide, and stressed the need to fully operationalise the system to realise its intended benefits.” The finance minister emphasised the importance of timely data integration and directed all stakeholders to ensure prompt and accurate sharing of information to support effective utilisation of the dashboard for decision-making. “OGRA was directed to ensure compliance with data reporting requirements, accelerate digitisation efforts across the supply chain, and maintain close coordination with oil marketing companies and other relevant stakeholders to support seamless implementation of the system. In this context, PSO will further enhance visibility across its retail network and strengthen reporting coverage on a priority basis. “To reinforce implementation, it was decided that joint teams comprising representatives of the Petroleum Division, OGRA, FIA, and Pakistan State Oil will be deployed to selected PSO petrol pumps in Islamabad to support timely data entry, improve stock transparency, and ensure operational compliance. The committee underscored the importance of institutionalising such mechanisms to strengthen oversight, enhance accountability, and promote consistency in reporting practices across the retail network.” The committee undertook a comprehensive review of petroleum stock positions, import plans, and refinery operations. “Members were informed that the overall supply position remains stable, with diesel stocks providing approximately 25 days of cover, petrol availability sufficient to meet current demand, and crude oil stocks at around 12 days of cover, supported by incoming cargoes and scheduled imports.” The Petroleum Division apprised the committee that import arrangements for the coming weeks are on track through a combination of commercial procurement and government-to-government engagements, while refineries continue to operate at optimal levels to maintain throughput and ensure efficient conversion of crude into refined products. The committee also noted the critical importance of reliable energy supply in supporting key sectors such as agriculture, fertiliser production, transportation, and industry, underscoring its role in sustaining economic activity and maintaining price stability. In light of recent price movements, the committee emphasised continued vigilance across the supply chain to prevent hoarding, speculative behavior, and any disruption in product availability. Also read: PM Shehbaz urges nationwide shift to EVs to cut fuel costs “The importance of closely monitoring demand patterns, including localised variations in consumption, was highlighted to support balanced supply management. The committee also underscored the need to discourage unauthorised storage and address market irregularities within the regulatory framework.” The committee also reviewed the gas supply situation, including stock positions of SNGPL and SSGC, and discussed options for managing gas availability for domestic consumers and its allocation between domestic and power sectors. Members emphasised a balanced, data-driven approach to ensure efficient utilisation of resources, particularly in view of seasonal demand and increasing reliance on LPG. [...]

IT firms, freelancers exempted from declaring export proceeds of up to $25,000
April 6, 2026 5:51
IT firms, freelancers exempted from declaring export proceeds of up to $25,000

Pakistan central bank has exempted information technology (IT) companies and freelancers from declaring the receipt of export proceeds of up to $25,000, softening the services export reporting rules with an aim to accelerate growth of the country’s IT exports, according to a notification issued on Monday. Besides, the State Bank of Pakistan (SBP) has continued to allow the IT firms and freelancers retain $5,000 per month or 50% of their export proceeds, whichever is higher, in their Exporters’ Special Foreign Currency Accounts (ESFCAs), according to a separate notification. “The thresholds of Form “R” and IRV [Inward Remittance Voucher] have also been revised to $25,000 (equivalent in other currencies),” SBP said in notification. “Earlier, the reporting threshold was set at above $10,000,” Exchange Companies Association of Pakistan (ECAP) President Zafar Paracha told Business Recorder. Also read: Pakistan allows all non-residents to operate bank accounts to boost foreign investment The central bank has, however, revised reporting requirements for commercial banks, mandating them to provide more detailed information – on behalf of IT companies and freelancers – regarding the purpose of their overseas payments. “Authorized dealers [banks] are advised to use these [Form ‘R’ for reporting inward remittances of above $25,000 and Form ‘M’ for outward remittances] revised formats with immediate effect for capturing the details of applicable inward and outward remittance transactions,” the central bank notification reads. The IT firms and freelancers are allowed to utilise the retained funds for the purposes, including import of goods, advance payments for imports, payment for foreign consultancy, software/IT services subscriptions, and freelancers of companies paying overseas vendors, it was learnt. “The funds available in the ESFCAs may be converted into PKR [Pakistani currency/rupee] at any time upon the request of the customer. However, these funds cannot be credited/transferred to any other FCY [foreign currency] account(s),” the central bank said. SBP press statement reads banks have been advised to digitalise Form “R” and Form “M” with auto-population functionality for the customer’s basic data to further promote ease of doing business. “SBP believes that these measures will significantly enhance operational efficiency and contribute meaningfully towards the growth of Pakistan’s IT exports.” Paracha further said the ease in regulations for the reporting would fast track the receipt of the export proceeds in the country, encourage the exporters to bring more foreign exchange in the country, and help boosting IT exports. Also read: Pakistan startups projected to continue gaining enhanced access to financing in 2026 It may be noted that Pakistan’s IT exports maintained a declining trend, with receipts decreasing to $365 million in February 2026, according to SBP data. The inflows of IT sector receipts had stood at $374 million in January 2026, down from $437 million in December 2025. Inflows of IT and IT-enabled services stood at $2.97 billion during the period of July to February. [...]

PM Shehbaz urges nationwide shift to EVs to cut fuel costs
April 6, 2026 4:53
PM Shehbaz urges nationwide shift to EVs to cut fuel costs

Prime Minister Shehbaz Sharif on Monday stressed the need to promote environment-friendly electric vehicles (EVs) nationwide, saying the shift could help conserve foreign exchange reserves amid rising global oil prices, state-run APP reported. Addressing a ceremony of provision of eco-smart EVs to the Islamabad Capital Traffic Police, the prime minister said such energy saving initiatives should be emulated by all the law enforcement agencies and provinces. Also read: Energy conservation: markets, malls to close at 8pm across country except Sindh He observed that a total of 15 electric vehicles were provided by the interior ministry, which ran on batteries without using petrol and oil, while another batch of vehicles would be inducted soon. Terming the initiative a significant one, the prime minister said these steps would cast positive impacts upon the country’s foreign reserves. The provision of eco-smart electric vehicles has been a part of the government’s energy-saving policy, according to the APP. The work on fuel economy and electric vehicles policy had kickstarted prior to the current regional crises, resulting in the procurement of the vehicles, it reported. [...]

Japan bonds climb as smooth 30-year auction calms market nerves
April 7, 2026 7:10
Japan bonds climb as smooth 30-year auction calms market nerves

TOKYO: Japanese government bonds (JGBs) advanced on Tuesday after a smooth 30-year bond auction reassured investors, easing market concerns that demand for the sale might be weak. The 30-year JGB yield sank 2 basis points (bps) to 3.735%. Yields move inversely to bond prices. “In the morning session, caution ahead of the auction was probably what pushed long-term and super-long-term yields higher, and in the afternoon session they’re simply being bought back in response to the auction result,” said Naoya Hasegawa, the chief bond strategist at Okasan Securities, adding that the weak result of last week’s 10-year bond auction was also seen as a factor that could weigh on investor sentiment. The auction’s bid-to-cover ratio, a measure of demand, was 3.12 times, compared with 3.66 times at the previous sale. The benchmark 10-year yield fell 2 basis points (bps) to 2.405% after rising to a 27-year high of 2.43% for a third consecutive session, as higher oil prices, a weaker yen, and concerns over fiscal expansion fuelled inflation worries. The two-year yield, the one most sensitive to Bank of Japan policy rates, decreased 1.5 bps to 1.38%. The five-year yield fell 1.5 bps to 1.810%. The 20-year JGB yield slid 1 bp to 3.320%. Markets remained on edge as fragile diplomatic efforts to end the Middle East conflict showed signs of strain, with U.S. President Donald Trump escalating threats of attacks on Iran unless it reopens the Strait of Hormuz, while Tehran rejected Washington’s proposal for an immediate ceasefire. Iran said on Monday it wanted a lasting end to the war with the U.S. and Israel, and pushed back against pressure to reopen the Strait of Hormuz while Trump warned the country could be “taken out” if it did not meet his Tuesday night deadline to reach a deal. The yield on benchmark U.S. 10-year notes rose 1.7 basis points to 4.353%, from 4.335% late on Monday. [...]

Palm climbs on firmer crude oil, strong exports
April 7, 2026 7:07
Palm climbs on firmer crude oil, strong exports

KUALA LUMPUR: Malaysian palm oil futures rose on Tuesday, recouping the previous session’s losses, as firmer crude oil prices and strong export momentum supported the market amid the Middle East conflict. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange gained 39 ringgit, or 0.81%, to 4,850 ringgit ($1,201.98) a metric ton by the midday break. It fell 0.58% on Monday. The market continues to hinge on the direction of crude oil prices amid ongoing uncertainty over the geopolitical situation in the Middle East, said Paramalingam Supramaniam, director at Selangor-based brokerage Pelindung Bestari. “If exports continue in the same direction as we saw in March and existing stock levels hold steady, the market is expected to remain resilient,” Supramaniam said. Malaysia’s palm oil inventories likely dropped in March by the most in three years to their lowest level since last July, as a surge in exports more than offset a modest increase in output, a Reuters survey showed. The Malaysian Palm Oil Board is expected to release its supply and demand report on April 10. Dalian’s most-active soyoil contract rose 0.85%, and its palm oil contract added 0.34%. Soyoil prices on the Chicago Board of Trade firmed 0.39%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices extended gains as a U.S.-imposed deadline loomed for Iran to open the Strait of Hormuz or be “taken out”, with President Donald Trump threatening to order attacks on Iranian bridges and power plants. Stronger crude oil futures make palm a more attractive option for biodiesel feedstock. The ringgit, palm’s currency of trade, weakened 0.25% against the dollar, making the commodity slightly cheaper for buyers holding foreign currencies. Palm oil is biased to fall into a range of 4,696 ringgit to 4,749 ringgit per ton, as a correction from 4,919 ringgit looks incomplete, Reuters technical analyst Wang Tao said. [...]

South Korea shares edge higher as Samsung Elec flags soaring earnings
April 7, 2026 7:04
South Korea shares edge higher as Samsung Elec flags soaring earnings

SEOUL: Round-up of South Korean financial markets: South Korean shares closed higher on Tuesday, led by Samsung Electronics after the world’s largest memory chipmaker flagged an eight-fold jump in quarterly profit. The won strengthened, while the benchmark bond yield rose. The benchmark KOSPI rose 44.44 points, or 0.82%, to 5,494.77. Samsung Electronics projected its first-quarter earnings would exceed its entire profit for last year, beating expectations as booming demand for artificial intelligence infrastructure stretched supply and drove chip prices higher. Its shares closed 1.76% higher, while peer SK Hynix gained 3.39%. South Korea’s currency chief said the government will deploy decisive measures to stabilise the foreign exchange market if needed. Battery maker LG Energy Solution slid 0.97%. Hyundai Motor rose 0.85%, while sister automaker Kia Corp was down 0.53%. Steelmaker POSCO Holdings shed 1%, while drugmaker Samsung BioLogics rose 1.99%. Of the total 918 traded issues, 287 shares advanced, while 580 declined. Foreigners were net buyers of shares worth 406.9 billion won. The won was quoted at 1,504.2 per dollar on the onshore settlement platform, 0.37% stronger than its previous close at 1,509.8. In offshore trading, the won was quoted at 1,504.0 per dollar, up 0.3% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,502.5. The KOSPI has risen 30.39% so far this year. The won has weakened 4.3% against the dollar this year. In money and debt markets, June futures on three-year treasury bonds lost 0.04 point to 103.99. The most liquid three-year Korean treasury bond yield rose by 0.9 basis point to 3.455%, while the benchmark 10-year yield rose by 2.9 basis points to 3.753%. [...]

GSK Pakistan appoints chairperson
April 7, 2026 6:59
GSK Pakistan appoints chairperson

Pharmaceutical giant GlaxoSmithKline Pakistan Limited announced on Tuesday the appointment of Dmytro Oliinyk, VP Head of Finance, International Region of GlaxoSmithKline, as Non-Executive Director and Chairperson. The company disclosed in a notice to the Pakistan Stock Exchange (PSX) today. It said that Dmytro will fill in the casual vacancy due to the resignation of Lai Kuen Goh from the Board of Directors of GlaxoSmithKline Pakistan Limited. GlaxoSmithKline Pakistan Limited was incorporated in Pakistan as a limited liability company and is engaged in the manufacturing and marketing of research-based ethical specialities and pharmaceutical products. The company is a subsidiary of S.R. One International B.V., incorporated in the Netherlands, whereas its ultimate parent company is GlaxoSmithKline plc, UK (GSK plc) [...]

China stocks steady amid Iran war uncertainty
April 7, 2026 6:59
China stocks steady amid Iran war uncertainty

SHANGHAI: China stocks traded steady on Tuesday as markets remain focused on the war in the Middle East and high oil prices, whose impact on China has so far been relatively limited. Hong Kong market is closed for a public holiday. The benchmark Shanghai Composite Index was flat by the lunch break, while the blue-chip CSI300 Index dipped 0.3%. Investors coming back from the Tomb-Sweeping Day holiday are closely monitoring developments in the Middle East as the U.N. Security Council is expected to vote on Tuesday on a resolution to protect commercial shipping in the Strait of Hormuz. Meanwhile, the U.S. and Iran have been trading verbal barbs as President Donald Trump reiterated threats to strike Iran unless Tehran makes a deal by Tuesday night. “In the short term, the Iran war continues to dominate global assets pricing,” Ping An Securities said in a report. “In the mid- to long-term, the safe-haven nature of Chinese assets is expected to shine amid geopolitical upheavals.” China stocks decline for third straight week on ME jitters The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday. Goldman Sachs said its most recent weekly tracking shows “limited impact from higher energy prices so far” on China’s economic activity. Energy-related shares gained as Chinese President Xi Jinping called for accelerated planning and construction of a new energy system to safeguard the country’s energy security. China’s chipmaking stocks jumped as investors bet on stronger policy support from Beijing after a cross-party group of U.S. politicians proposed a law to impose further restrictions on exports of computer chipmaking equipment to China. Shares of Chinese carmakers fell after three Democratic senators on Friday urged Trump to bar Chinese automakers from building vehicles in the United States and to prevent Chinese cars assembled in Mexico or Canada from entering the United States. [...]

Record monthly outflows from India’s financials deepen market slide
April 7, 2026 6:54
Record monthly outflows from India’s financials deepen market slide

Record foreign outflows from India’s financial stocks in March underscored a deepening retreat by overseas investors, as fears over fallout from the Iran war on economic growth and earnings compounded pressure on Indian equities and the rupee. Foreign portfolio investors sold 606.55 billion rupees ($6.53 billion) of financial stocks in March, the highest on record and more than half of the total $12.66 billion pulled from Indian markets, according to National Securities Depository data released on Tuesday. Financials, banks, private lenders and state-owned banks fell 15.5%-20%, dragging the benchmark Nifty 50 index 11.3% lower to its worst monthly performance in six years. Top private lender HDFC Bank slid 17.6% in March, after the surprise exit of its part-time chairman. Concerns over potential losses due to the central bank’s decision on March 27 to tighten position limits on forex exposure also intensified foreign outflows, two analysts said. FPI selling in Indian markets hit a record high of $19.69 billion in the financial year 2026, which ended last month, leaving the Nifty 50 with its weakest fiscal year showing in six years. “Signs of depletion in local investors’ resources” The prospect of domestic institutional investors – who have been the market’s shock absorbers against volatile foreign flows – potentially losing their firepower is now further unsettling market participants. “We are now seeing the first signs of depletion in the resources of DIIs after 18 months of fighting this battle of equity flows,” said analysts led by Vikash Kumar Jain of CLSA on Tuesday. CLSA said cash held by equity mutual funds stood at 1.78 trillion rupees at the end of February 2026, down 24% from April 2025. “The market now needs foreign capital back,” the CLSA analysts said, adding that “the set-up of depleted DII reserves and continued (primary market) supply pressures makes the Indian equity market much more dependent on foreign inflows than any time over the past five years to drive up the markets,” CLSA analysts said. [...]

India plans sovereign guarantees on loans to businesses hit by Iran war, sources say
April 7, 2026 6:48
India plans sovereign guarantees on loans to businesses hit by Iran war, sources say

NEW DELHI: India plans to roll out sovereign credit guarantees on loans worth $26.7 billion, aimed at supporting businesses, particularly small firms, affected by the Middle East crisis, two government sources said. Businesses, such as textile and glass makers, have been hit by disruptions to supply from the Middle East due to the U.S.-Israeli war with Iran. At the same time India, the world’s third-largest oil importer, also faces the risk of rising inflation and slower growth. The government is planning sovereign guarantees for four years to banks that lend to businesses, similar to those provided during the deadly COVID-19 pandemic, both the sources said. This would cost the government about 170 billion to 180 billion rupees ($1.83 billion to $1.94 billion), they said. Details on state debt maturity profile to whet auction, derivatives demand, investors say India is planning to provide a guarantee of about 90% on loans up to 1 billion rupees ($10.75 million) to lenders in case borrowers default in the aftermath of the crisis in the Middle East, both the sources said. In 2020, India offered credit guarantees to support bank lending to businesses, including travel and tourism firms hit hardest by the COVID-19 pandemic, to help them resume operations and pay their debts. [...]

Indian shares decline ahead of Trump’s looming Iran deadline
April 7, 2026 6:44
Indian shares decline ahead of Trump’s looming Iran deadline

Indian shares fell on Tuesday, weighed down by fears of escalation in the Middle East war and a looming deadline set by U.S. President Donald Trump for a deal. The Nifty 50 lost 0.65% at 22,818.80 and the Sensex shed 0.64% to 73,639.40 as of 9:50 a.m. IST. Fourteen of the 16 major sectors declined. The broader small-caps and mid-caps lost 0.5% and 1%, respectively. The U.S. president reiterated threats to strike Iran’s power plants and civilian infrastructure unless Tehran reaches a deal by 8 p.m. EDT Tuesday, or 5:30 a.m. IST on Wednesday, to reopen the Strait of Hormuz. Iran said it wanted a permanent end to the conflict and not a temporary ceasefire. Brent crude hovered around $112 per barrel. Elevated crude prices strain India’s import bill and weigh on economic growth and corporate margins. The Nifty and the Sensex have each dropped 9.5% since the Iran war began on February 28. “Sentiment remains highly volatile with the developments in the Iran war, which has already pressurised foreign outflows from India and the rupee,” said Sonal Badhan, economist at Bank of Baroda. Since the Iran war began on Feb 28, foreign institutional investors offloaded $15.8 billion worth of shares, including a record $12.7 billion in March. “Given this backdrop, RBI will hold rates steady for the time being in its policy decision on Wednesday, remaining vigilant and announce growth forecasts keeping in view the impact of Iran war,” Badhan said. Rate sensitives such as financials, banks, auto, consumer lost 0.7%-1.5%. Among stocks, Jubilant Foodworks shed 8% after business update spurred worries of subdued March quarter earnings. Bucking the broader trend, metal index rose 0.4%. Hindalco rose 2.8% and Vedanta gained 2.2% after J.P. Morgan upgraded the aluminium makers to “overweight” from “neutral” on higher-for-longer aluminium prices. [...]

PPL extends CEO Khalid Rehman’s tenure
April 7, 2026 6:44
PPL extends CEO Khalid Rehman’s tenure

Pakistan Petroleum Limited’s (PPL) board has approved an extension in the tenure of its Chief Executive Officer (CEO), Mohammad Khalid Rehman, on an interim basis, ensuring continuity in leadership until a permanent appointment is made. “We would like to inform that the board of directors of the company at its meeting held on 7th April 2026 has approved extension in the term of appointment of Mohammad Khalid Rehman as the CEO/ Managing Director of the company with effect from 10th April 2026, until the appointment of a regular CEO of the company,” PPL informed in a notice to the Pakistan Stock Exchange (PSX) on Tuesday. Earlier in January, Rehman was appointed in the place of Sikandar Ali Memon “for a period of three months or appointment of a regular CEO of the Company, whichever is earlier”. A seasoned professional with more than 30 years of national and international experience, Rehman started his career with PPL in 2009 as Chief Accountant. During the last 27 years, he has held various senior positions, including Manager Treasury Operations, Senior Manager Finance and Senior Manager Corporate Planning, before assuming the charge as Chief Financial Officer in 2022. Before joining PPL, Rehman was associated with several reputable organisations, including Ernst & Young, Ford Rhodes Sidat Hyder, Umer Group of Companies, ORIX Leasing Pakistan Limited, State Street Fund Services Toronto, Inc., and Bank of Montreal, gaining rich experience in Pakistan, Canada and Egypt. Rehman is a fellow member of the Institute of Chartered Accountants of Pakistan, a CPA from The Institute of Chartered Accountants of Ontario, Canada, as well as an associate member of the Institute of Cost and Management Accountants of Pakistan. As one of the largest exploration and production companies in Pakistan, PPL plays a pivotal role in exploring, prospecting, developing, and producing oil and natural gas resources. [...]

India likely to see weaker monsoon in 2026, Skymet forecasts
April 7, 2026 6:42
India likely to see weaker monsoon in 2026, Skymet forecasts

MUMBAI: India is expected to receive below-normal monsoon rainfall in 2026, private weather forecaster Skymet said on Tuesday, as the El Nino weather pattern is set to reduce precipitation in the second half of the June–September rainy season. Monsoon rainfall is expected to be 94% of the long-period average of 868.6 mm for the four-month period, Skymet said. The state-run India Meteorological Department (IMD) is likely to issue its first forecast for the monsoon season next week. [...]

Indian rupee drifts higher, forward premiums retreat on lingering impact of RBI measures
April 7, 2026 6:39
Indian rupee drifts higher, forward premiums retreat on lingering impact of RBI measures

MUMBAI: The Indian rupee nudged higher on Tuesday while forward premiums retreated, as the unwinding of residual arbitrage positions ahead of an April 10 deadline supported the currency, despite concerns over a looming deadline for a U.S.-Iran ceasefire. The Indian rupee was trading just north of the 93 per dollar mark as of 10:30 a.m. IST, up 0.1%, although most of its regional peers slipped. A tightening of foreign exchange market rules by the Reserve Bank of India has helped ease pressure on the rupee by reversing a buildup of arbitrage wagers and also curbing routes for speculative trades, such as the rebooking of cancelled forward contracts. On March 27, the RBI directed banks to cap their net positions in the rupee at $100 million at the end of each business day, with authorised dealers required to comply by April 10. The rupee “should see a phase of relative stability after the April 10 deadline, while at the same time risks emanating from the Iran war could keep bullish wagers at bay,” a trader at a state-run bank said. Global markets were on tenterhooks as U.S. President Donald Trump threatened fresh strikes on Iran unless it met a Tuesday 8 p.m. EDT (midnight GMT) deadline to reach a deal. Stocks in Asia were mixed, with India’s Nifty 50 down 0.1%, while the yield on the 10-year government bond edged up 2 bps to 7.06%. “Our continued assessment is that the path towards peace is narrow and unlikely, given the wide gap in expectations among the different parties in this war,” MUFG said in a note. “As such we remain cautious on the path for Asian currencies and risk assets moving forward.” Meanwhile, dollar-rupee forward premiums dipped after rising sharply in the recent sessions. The 1-year implied yield was last down 3 bps at 3.39%. To close previously built arbitrage positions, banks need to sell dollars onshore while buying them in the non-deliverable forwards market. [...]

Pakistan efforts to stop Iran war are reaching ‘critical’ stage: envoy
April 7, 2026 6:20
Pakistan efforts to stop Iran war are reaching ‘critical’ stage: envoy

ISLAMABAD: Pakistan’s “positive and productive” efforts to stop the U.S.-Israeli war with Iran are approaching a “critical, sensitive” stage, Iran’s Ambassador to Pakistan Reza Amiri Moghadam said in a post on X on Tuesday. A framework to end hostilities has been put together by Pakistan and exchanged with Iran and the US, a source told Reuters on Monday, outlining a two-tier approach with an immediate ceasefire followed by a ​comprehensive agreement. Pakistan’s attempt is being viewed as the last-ditch effort to prevent a dramatic escalation in the war that will include massive strikes on Iranian civilian/ power infrastructure and retaliation against energy and water facilities in all regional countries. However, Pakistan has taken a guarded stance regarding its specific role in the mediation and has not verified the existence of the framework or the specific points being discussed. Meanwhile, US President ​Donald Trump has publicly pressed for a rapid end ​to the conflict, warning of consequences if a ceasefire is not reached within a short timeframe. Trump argued Monday that Iranians were willing to suffer for their freedom, saying the United States had intercepted communications urging them to “please keep bombing.” “They would be willing to suffer that in order to have freedom,” Trump told a press conference, a day before his deadline to destroy Iran’s energy infrastructure and bridges if its leaders do not comply with US demands. The conflict has heightened volatility in energy markets, ​with traders closely watching any developments that could affect flows through the strait. [...]

Iran defiant on eve of Trump’s ceasefire deadline
April 7, 2026 6:20
Iran defiant on eve of Trump’s ceasefire deadline

DUBAI/WASHINGTON: Iran and Israel traded attacks on Tuesday as Tehran defiantly refused to reopen the Strait of Hormuz and accept a ceasefire deal on the eve of a deadline set by U.S. President Donald Trump to agree to his demands or get “taken out.” Iran has rejected a U.S. proposal brokered by Pakistan for an immediate ceasefire and the lifting of its effective blockade of the strait, followed by talks on a broader peace settlement within 15 to 20 days, according to a source aware of the plan. The Iranian response consisted of 10 clauses, including an end to conflicts in the region, a protocol for safe passage through the Strait of Hormuz, lifting of sanctions, and reconstruction, official IRNA news agency reported. On Monday, Trump said “the entire country can be taken out in one night, and that night might be tomorrow night.” He vowed to destroy Iranian power plants and infrastructure if Tehran refused to agree before the deadline. Without a deal, Trump said “every bridge in Iran will be decimated” by midnight EDT (0400 GMT) on Wednesday and “every power plant in Iran will be out of business, burning, exploding, and never to be used again.” Fighting unabated Early on Tuesday, the Israeli military said it had completed a wave of airstrikes targeting Iranian government infrastructure in Tehran and other areas. It was operating air defence systems to intercept missiles launched from Iran. Saudi Arabia intercepted ballistic missiles towards its eastern region with debris falling near energy facilities, its defence ministry said without specifying who launched the projectiles. Saudi Arabia has come under attack from hundreds of Iranian missiles and drones since the U.S. and Israel launched the war on Iran on February 28, most of which were intercepted, authorities have said. Saudi Arabia, the United Arab Emirates and Bahrain issued simultaneous public safety alerts on Tuesday. Trump has brushed off questions that his vow to wipe out Iranian power plants would constitute war crimes, saying he was “not at all” concerned about the prospect. “I hope I don’t have to do it,” he said. Iran’s envoy to the United Nations said on Monday Trump’s threat to strike was “direct incitement to terrorism and provide clear evidence of intent to commit war crimes under international law.” Iran’s deputy sports minister, Alireza Rahimi, called on artists and athletes to form human chains at power plants across the country on Tuesday, and its top military command said Trump was “delusional.” A synagogue in the centre of Iran’s capital was heavily damaged by a U.S.-Israeli projectile on Tuesday, according to the semi-official news agency Mehr. Chokehold Oil prices hovered around $110 per barrel on Tuesday as Trump’s deadline loomed and little visible prospect of the reopening of the Strait of Hormuz, a key global oil transit chokepoint that has spurred inflation worries around the world. Iran effectively closed Hormuz, a conduit for about a fifth of the world’s oil and natural gas supply that has proved a powerful bargaining chip for Tehran which it is reluctant to relinquish. Brent crude futures rose 0.4% to $110.19 a barrel while U.S. West Texas Intermediate crude futures climbed 0.8% to $113.31. Trump was on the verge of a political crisis as Iran proved a tougher adversary than he predicted at the start of the conflict, which he said was aimed at stopping the country from building nuclear weapons and developing missiles to deliver them. With 13 U.S. service members killed since the conflict began, he found himself on an even more perilous ground when a U.S. F-15E fighter jet was downed on Friday and one of the two airmen was left stranded deep inside Iranian territory. A rescue mission by U.S. commandos to extract the stranded weapons specialist officer to safety helped avert a disastrous escalation of a political crisis for Trump. Thousands of people have been killed across the Middle East in the war, including 3,546 in Iran, U.S.-based rights group HRANA said, and nearly 1,500 in Lebanon where Israel has targeted the Hezbollah. [...]

Selling returns to bourse, KSE-100 down 1,700 points
April 7, 2026 6:16
Selling returns to bourse, KSE-100 down 1,700 points

Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,700 points during the opening minutes of trading on Tuesday. At 9:40am, the benchmark index was hovering at 149,481.28, down by 1,726.53 points or 1.14%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, POL, PPL, PSO, FFC, HBL, MCB, NBP and UBL, traded in the red. “The psychological barrier of 150k has been shattered as a ‘perfect storm’ of geopolitical ultimatums and domestic fiscal pressures triggers a massive sell-off,” said Behtari Capital. “With the Trump-Iran deadline hours away and a massive $3.5 billion FX drain looming, the market is in wait-and-see mode. Focus on high-yield, export-oriented IT stocks that are benefiting from SBP’s recent easing,” it added. Meanwhile, mounting pressure on foreign exchange reserves has pushed Pakistan to explore fresh external financing options, including potential support from key allies China and Saudi Arabia, as it prepares to navigate a widening financing gap following the decision to repay around $3.5 billion to the United Arab Emirates (UAE). Mounting pressure on forex reserves: Fresh external financing options being explored On Monday, PSX witnessed a highly volatile session, with sharp two-way movements throughout the day before a late-session recovery as improving global sentiment and expectations of easing geopolitical tensions supported investor confidence. The benchmark KSE-100 Index settled at 151,207.82 points, registering a gain of 809.10 points or 0.54%. Internationally, global stocks wavered on Tuesday, while oil prices were perched near $110 per barrel as the prospect of ​escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervous investors ‌on the sidelines. Markets have been rattled since the US-Israel war on Iran broke out at the end of February, with Tehran effectively closing the Strait of Hormuz, a key global oil transit chokepoint that has spurred inflation worries. While investors have pinned their hopes on a resolution to the war, the talks so far have yielded no progress, with US ​President Donald Trump imposing a deadline of Tuesday, 8 p.m. Eastern Time (0000 GMT Wednesday) for a deal to be reached. That has left markets ​biding time with the US dollar holding onto its gains and oil prices rising. Brent crude futures rose 0.4% to $110.19 ⁠a barrel while US West Texas Intermediate crude futures climbed 0.8% to $113.31. A record-breaking quarterly profit forecast from chipmaker Samsung Electronics helped lift investor mood a ​bit, but markets remained focused on the Iran war. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.4% higher. Japan’s Nikkei was choppy as it ​erased early gains to trade 0.2% lower. US stock futures slipped 0.55%, while European futures pointed to a higher open after being closed for holidays on Friday and Monday. This is an intra-day update [...]

EAEU pivots to Pakistan to deepen South Asia footprint
April 7, 2026 5:28
EAEU pivots to Pakistan to deepen South Asia footprint

The Eurasian Economic Union (EAEU) has identified Pakistan as a key prospective partner in South Asia, signalling a growing strategic focus on deepening economic and trade ties with Pakistan amid shifting regional trade dynamics. The development came during a meeting between the Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission, Andrey Slepnev and the Federal Minister for Commerce of Pakistan, Jam Kamal Khan, on Monday, read an official statement. EAEU is an economic union of post-Soviet states, established in 2015 to promote free trade, economic integration, and the free movement of goods, services, capital, and labour among its members. With a combined GDP of around $3 trillion, it is headquartered in Moscow and comprises Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia. “The EAEU and its member states pay great attention to the development of mutually beneficial relations with countries of South Asia,” said Slepnev.  “The EAEU considers the Islamic Republic of Pakistan as one of the prospective partners in the region,” he added. The EAEU official noted that trade between the EAEU and Pakistan is developing dynamically and has a significant potential for expansion. ​Meanwhile, Jam Kamal noted that Pakistan views enhanced cooperation with the EAEU not only as a trade opportunity “but also as a strategic partnership in areas such as logistics, energy cooperation, digital trade, industrial collaboration, and supply chain integration”. “Pakistan supports the initiation of structured dialogue mechanisms with the Eurasian Economic Commission aimed at exploring a trade agreement, subject to the outcome of the joint feasibility study,” he said. Pakistan pushes climate–commerce integration to secure food supply system Pakistan reaffirmed its readiness to work closely with the Eurasian Economic Union and its member states in a constructive and forward-looking manner to unlock the full potential of trade and investment cooperation, read the statement. Both sides noted that there are good prospects for the development of trade and economic cooperation between the EAEU and Pakistan. With the aim to assess economic implications and determine the feasibility of introducing a preferential trade regime between the EAEU and Pakistan, both sides agreed to initiate setting up the joint feasibility study group in accordance with respective legal procedures, read the statement. [...]

Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct
November 21, 2025 1:33
Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct

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

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

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

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

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
MQM-P calls for new province in Sindh

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
US report validates Pakistan military edge over India: PM

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
Banned TTP poses serious threat to Pakistan security: UNSC panel

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

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

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 kill 23 Indian proxy terrorists in KP's Kurram

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
Pakistan to construct island to boost oil exploration: report

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

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
Security forces neutralise four terrorists in KP IBOs

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

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... [...]

Taiwan opposition leader visits China for first time in a decade
April 7, 2026 6:53
Taiwan opposition leader visits China for first time in a decade

Taiwan opposition leader visits China for first time in a decadeThe leader of Taiwan’s main opposition party landed in China today, marking the first rare visit in a decade. Cheng Li-wun who took over as Kuomintang chairperson last year, gladly accepted the invitation of President Xi... [...]

Australia's most-decorated living soldier faces murder charges: Here's everything to know
April 7, 2026 6:06
Australia's most-decorated living soldier faces murder charges: Here's everything to know

Ben Roberts-Smith faces murder charges: Everything you need to knowDecorated former soldier Ben Roberts-Smith was arrested at Sydney Airport and is expected to be charged with five counts of murder. The Australian Federal Police allege the victims were unarmed Afghan nationals who were not... [...]

Inside Savannah Guthrie's emotional return to 'Today' show after mother's disappearance
April 7, 2026 5:36
Inside Savannah Guthrie's emotional return to 'Today' show after mother's disappearance

Inside Savannah Guthrie's emotional return to 'Today' show after mother's disappearanceSavannah Guthrie returned to the Today show as host on Monday, April 6, after being absent for two months following the abduction of her mother, Nancy Guthrie, in early February.An insider told People magazine... [...]

Trump administration clarifies tariffs on steel aluminium and copper under Section 232 changes
April 7, 2026 5:17
Trump administration clarifies tariffs on steel aluminium and copper under Section 232 changes

The Trump administration has announced updated guidance on Section 232 tariffs, clarifying how rates apply to steel, aluminium and copper imports, while largely maintaining the existing system.Officials said the changes aim to simplify how tariffs are calculated, particularly for products that... [...]

Snow returns to the Northeast as cold front brings late season winter weather to major cities
April 7, 2026 4:55
Snow returns to the Northeast as cold front brings late season winter weather to major cities

A late-season cold front is bringing snow back to parts of the northeastern United States, reversing recent spring-like conditions across the region.According to the FOX Forecast Center, a fast-moving clipper system moved through the Northeast on Monday, delivering light snowfall to areas of... [...]

Zoo safety concerns arise after toddler injured in wolf enclosure at Hershey Park
April 7, 2026 4:35
Zoo safety concerns arise after toddler injured in wolf enclosure at Hershey Park

A toddler was injured in a zoo incident after entering a restricted area and reaching into a wolf enclosure at ZooAmerica North American Wildlife Park, according to officials.The incident took place on April 4, a spokesperson for Hershey Entertainment and Resorts Company told USA TODAY. The... [...]

CBS replaces Stephen Colbert late show with new comedy block in major late night shakeup
April 7, 2026 4:08
CBS replaces Stephen Colbert late show with new comedy block in major late night shakeup

CBS has announced it will replace The Late Show with Stephen Colbert with a new comedy block led by Comics Unleashed with Byron Allen.The network said the change will take effect on May 22, one day after the final episode of The Late Show with Stephen Colbert airs. The long-running late-night... [...]

Reid Wiseman honoured as Artemis II crew name lunar crater after his late wife during historic mission
April 7, 2026 2:05
Reid Wiseman honoured as Artemis II crew name lunar crater after his late wife during historic mission

Astronauts aboard NASA’s Artemis II mission shared an emotional moment during their historic lunar flyby as they named a crater on the moon after the late wife of mission commander Reid Wiseman.Canadian astronaut Jeremy Hansen made the announcement during a live broadcast, saying:... [...]

Donald Trump and Pete Hegseth spark debate after linking faith to Iran war
April 7, 2026 1:34
Donald Trump and Pete Hegseth spark debate after linking faith to Iran war

US President Donald Trump and Defence Secretary Pete Hegseth have drawn attention after invoking religious language while discussing the ongoing war with Iran.According to CNN, while speaking during a news conference following Easter weekend events, Trump linked recent military developments to the... [...]

US Democrats visit Cuba and call on Trump to ease rhetoric as tensions and sanctions intensify
April 7, 2026 12:22
US Democrats visit Cuba and call on Trump to ease rhetoric as tensions and sanctions intensify

Two Democratic lawmakers from the United States have visited Cuba, urging President Donald Trump to ease tensions and reconsider current policies towards the island.Representatives Pramila Jayapal and Jonathan Jackson said the visit aimed to assess humanitarian conditions following what they... [...]

Humans travel farthest from Earth ever as Artemis II surpasses Apollo 13 record near moon
April 6, 2026 11:59
Humans travel farthest from Earth ever as Artemis II surpasses Apollo 13 record near moon

The Artemis II mission has made history, with its crew becoming the farthest humans to travel from Earth, surpassing a record set more than five decades ago.At 1:57 PM ET on Monday, astronauts aboard the Orion spacecraft passed 400,171 kilometres from Earth, breaking the distance record... [...]

White House Easter Egg Roll: Trump mocks 'Biden autopen' as he signs autographs for kids
April 6, 2026 5:10
White House Easter Egg Roll: Trump mocks 'Biden autopen' as he signs autographs for kids

US President Donald Trump mocked his predecessor Joe Biden as he hosted White House Easter Egg Roll on Monday.Talking to kids, the president said, “I could sign autographs for you guys, and then tonight, you could sell them for $25,000 on eBay!”“Biden would use the... [...]

Savannah Guthrie returns to 'Today' show for first time after mother's sudden disappearance
April 6, 2026 12:47
Savannah Guthrie returns to 'Today' show for first time after mother's sudden disappearance

Savannah Guthrie returns to ‘Today’ show after mother’s sudden disappearance Savannah Guthrie has returned to NBC’s Today show for the first time since the mysterious yet tragic disappearance of her mother Nancy. Nancy Guthrie, 84, went missing from her home in... [...]

How is Savannah Guthrie feeling after returning to 'Today' amid her mom's disappearance?
April 6, 2026 12:32
How is Savannah Guthrie feeling after returning to 'Today' amid her mom's disappearance?

Savannah Guthrie is back at 'Today' since mom Nancy's disappearanceSavannah Guthrie is back - after weeks of gruelling efforts to search for her missing mom - at her second home: the Today show at NBC.But facing a nightmare of over a month, how is she faring on her comeback to the TV... [...]

Top 10 smartest countries: Check full list
April 6, 2026 12:16
Top 10 smartest countries: Check full list

Top 10 smartest countries: Check full listWhat makes a country truly “smart”? Is it high IQ scores, world-class universities, or a legacy of Nobel Prize winners? A new global study attempts to answer that by ranking the smartest countries in the world using a mix of education,... [...]

راولپنڈی میں 20 اپریل تک دفعہ 144 نافذ
April 7, 2026 4:04
راولپنڈی میں 20 اپریل تک دفعہ 144 نافذ

—فائل فوٹوراولپنڈی میں 20 اپریل تک دفعہ 144 نافذ کر دی گئی، جس کا نوٹفکیشن بھی جاری کر دیا گیا۔سرکاری نوٹیفکیشن کے مطابق راولپنڈی شہر... [...]

لکی مروت: پولیس موبائل کے قریب دھماکا، 5 اہلکار زخمی
April 7, 2026 3:04
لکی مروت: پولیس موبائل کے قریب دھماکا، 5 اہلکار زخمی

— فائل فوٹولکی مروت میں شہباز خیل اڈے پر پولیس موبائل کے قریب ریموٹ کنٹرول بم دھماکا ہوا ہے۔پولیس کے مطابق دھماکے سے اے ایس آئی سمیت 5... [...]

لکی مروت میں 7 سالہ بچی سے زیادتی
April 7, 2026 3:04
لکی مروت میں 7 سالہ بچی سے زیادتی

—فائل فوٹولکی مروت کے علاقے وانڈہ میرولی سربند میں 7 سال کی بچی کو زیادتی کا نشانہ بنا ڈالا۔اس حوالے سے پولیس کا کہنا ہے کہ بچی پانی... [...]

بلوچستان: ٹریک مرمت کے باعث آج ٹرین سروس معطل
April 7, 2026 3:04
بلوچستان: ٹریک مرمت کے باعث آج ٹرین سروس معطل

—فائل فوٹوبلوچستان میں ریلوے ٹریک کی مرمت کے باعث آج ٹرین سروس معطل رہے گی۔پاکستان ریلوے حکام کے مطابق کوئٹہ سے پشاور جانے والی... [...]

چمن، پشین، مسلم باغ، زیارت میں بارش، ژالہ باری
April 6, 2026 10:04
چمن، پشین، مسلم باغ، زیارت میں بارش، ژالہ باری

چمن، پشین، مسلم باغ اور زیارت میں بارش اور ژالہ باری ہوئی جبکہ گلستان میں آسمانی بجلی گرنےسے 3 افراد جاں بحق ہوگئے۔ مختلف علاقوں میں... [...]

سولر شعبے میں مسابقت، سرمایہ کاری میں رکاوٹوں کی نشاندہی
April 6, 2026 7:04
سولر شعبے میں مسابقت، سرمایہ کاری میں رکاوٹوں کی نشاندہی

مسابقتی کمیشن آف پاکستان نے سولر شعبے میں مسابقت اور سرمایہ کاری میں رکاوٹوں کی نشاندہی کردی۔سی سی پی نے سولر مارکیٹ پر رپورٹ جاری... [...]

اوورسیز پاکستانیوں کی جائیدادوں کے تحفظ کیلئے خصوصی عدالتوں کے قیام کا بل کے پی اسمبلی میں پیش
April 6, 2026 6:04
اوورسیز پاکستانیوں کی جائیدادوں کے تحفظ کیلئے خصوصی عدالتوں کے قیام کا بل کے پی اسمبلی میں پیش

فائل فوٹو خیبر پختونخوا اسمبلی میں اوورسیز پاکستانیوں کی جائیدادوں کے تحفظ کیلئے خصوصی عدالتوں کے قیام کا بل پیش کیا گیا۔ صوبائی... [...]

بیرسٹر گوہر کا وزیراعظم پر کابینہ کو اعتماد میں لیے بغیر فیصلے کرنے کا الزام
April 6, 2026 6:04
بیرسٹر گوہر کا وزیراعظم پر کابینہ کو اعتماد میں لیے بغیر فیصلے کرنے کا الزام

فائل فوٹوچیئرمین پاکستان تحریک انصاف بیرسٹر گوہر نے وزیراعظم شہباز شریف پر کابینہ کو اعتماد میں لیے بغیر فیصلے کرنے کا الزام... [...]

شیخوپورہ، مبینہ پولیس مقابلے میں زیر حراست ملزم ہلاک، 2 ساتھی فرار
April 6, 2026 6:04
شیخوپورہ، مبینہ پولیس مقابلے میں زیر حراست ملزم ہلاک، 2 ساتھی فرار

فائل فوٹوشیخوپورہ میں حافظ آباد روڈ پر چک شاہ پور کے قریب مبینہ پولیس مقابلے میں جنذیالہ شیر خان کا رہائشی زیر حراست ملزم ہلاک ہوگیا... [...]

بلوچستان کے ڈیموں میں پانی سطح سے متعلق رپورٹ آگئی
April 6, 2026 5:04
بلوچستان کے ڈیموں میں پانی سطح سے متعلق رپورٹ آگئی

فائل فوٹوپراونشل ڈیزاسٹر مینجمنٹ اتھارٹی نے بارش کے بعد سے بلوچستان کے ڈیموں میں پانی سطح سے متعلق رپورٹ جاری کردی۔پی ڈی ایم اے کے... [...]

اسلا م آباد میں دکانیں و مارکیٹس رات 8 بجے بند کرنے کا نوٹیفکیشن جاری
April 6, 2026 5:04
اسلا م آباد میں دکانیں و مارکیٹس رات 8 بجے بند کرنے کا نوٹیفکیشن جاری

فائل فوٹووفاقی دارالحکومت اسلام آباد کی ضلعی انتظامیہ نے دکانیں، مارکیٹس اور شاپنگ مالز رات 8 بجے بند کرنے کا نوٹیفکیشن جاری کردیا... [...]

ایران میں زمینی فوج اتاری تو اتنے تابوت جائیں گے کہ امریکیوں کو گنتی مشکل ہوجائے گی، ارشد ملک
April 6, 2026 4:04
ایران میں زمینی فوج اتاری تو  اتنے تابوت جائیں گے کہ امریکیوں کو گنتی مشکل ہوجائے گی، ارشد ملک

ایئر مارشل ریٹائرڈ ارشد ملک : فائل فوٹو دفاعی تجزیہ کار ایئر مارشل ریٹائرڈ ارشد ملک نے کہا ہے کہ اگر امریکا نے ایران میں زمینی فوج... [...]

ملک میں کتنے دن کا خام تیل اور ڈیزل موجود؟ تفصیل سامنے آگئی
April 6, 2026 4:04
ملک میں کتنے دن کا خام تیل اور ڈیزل موجود؟ تفصیل سامنے آگئی

وزیر خزانہ سینیٹر محمد اورنگزیب کو پیٹرولیم قیمتوں کی نگرانی کےلیے قائم کمیٹی نے ملک میں موجود تیل ذخائر کی تفصیل بتادی۔وزارت خزانہ... [...]

پاکستان اور مصری افواج کی مشترکہ انسداد دہشت گردی مشق تھنڈر-II کا انعقاد
April 6, 2026 3:04
پاکستان اور مصری افواج کی مشترکہ انسداد دہشت گردی مشق تھنڈر-II کا انعقاد

تصویر سوشل میڈیا۔پاکستان اور مصر کی افواج کے درمیان انسداد دہشت گردی کی مشترکہ مشق تھنڈر-II کا انعقاد کیا گیا۔ مسلح افواج کے شعبہ... [...]

کراچی میں ٹریفک قوانین کی خلاف ورزی پر کریک ڈاؤن جاری
April 6, 2026 2:04
کراچی میں ٹریفک قوانین کی خلاف ورزی پر کریک ڈاؤن جاری

کراچی میں ٹریفک قوانین کی خلاف ورزی پر کریک ڈاؤن کا سلسلہ جاری ہے۔ کراچی پولیس چیف کا کہنا ہے کہ بغیر نمبر پلیٹ اور فینسی نمبر پلیٹس... [...]

امریکی رکن کانگریس یاسمین انصاری کا وزیرِ جنگ پیٹ ہیگستھ کے مواخذے کی قرارداد پیش کرنے کا اعلان
April 7, 2026 6:04
امریکی رکن کانگریس یاسمین انصاری کا وزیرِ جنگ پیٹ ہیگستھ کے مواخذے کی قرارداد پیش کرنے کا اعلان

— فائل فوٹوامریکی رکن کانگریس یاسمین انصاری نے امریکی وزیرِ جنگ پیٹ ہیگستھ کے مواخذے کی قرارداد پیش کرنے کا اعلان کردیا۔امریکی رکن... [...]

خلیجی ممالک پر نئے حملے: بحرین، یو اے ای، سعودی عرب اور کویت ہائی الرٹ
April 7, 2026 6:04
خلیجی ممالک پر نئے حملے: بحرین، یو اے ای، سعودی عرب اور کویت ہائی الرٹ

فوٹو بشکریہ غیر ملکی میڈیاخلیجی ممالک پر نئے میزائل اور ڈرون حملے کیے گئے ہیں جس کے بعد بحرین، متحدہ عرب امارات ، سعودی عرب اور کویت... [...]

ٹرمپ کے پاس ایران کے سامنے ہتھیار ڈالنے کیلئے 20 گھنٹے ہیں، مہدی محمدی
April 7, 2026 6:04
ٹرمپ کے پاس ایران کے سامنے ہتھیار ڈالنے کیلئے 20 گھنٹے ہیں، مہدی محمدی

— فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ کی جانب سے دی جانے والی دھمکیوں کے بعد ایران کی پارلیمنٹ کے اسپیکر کے مشیر مہدی محمدی نے بھی پیغام... [...]

ٹرمپ کا بعداز جنگ آبنائے ہرمز سے گزرنے پر فیس عائد کرنے کا عندیہ
April 7, 2026 5:04
ٹرمپ کا بعداز جنگ آبنائے ہرمز سے گزرنے پر فیس عائد کرنے کا عندیہ

— فائل فوٹوزامریکی صدر ڈونلڈ ٹرمپ نے جنگ میں خود کو فاتح قرار دیتے ہوئے کہا کہ امریکا ایک ایسے تصور پر غور کر رہا ہے جس کے تحت... [...]

پورا ایران 1 رات میں ختم کیا جا سکتا ہے: ٹرمپ کی سنگین دھمکی
April 7, 2026 4:04
پورا ایران 1 رات میں ختم کیا جا سکتا ہے: ٹرمپ کی سنگین دھمکی

---فائل فوٹو امریکی صدر ڈونلڈ ٹرمپ نے ایران کو سخت فوجی کارروائی کی دھمکی دیتے ہوئے کہا ہے کہ امریکا چاہے تو ایران کو صرف ایک رات میں... [...]

ٹرمپ کی ایرانی شہری تنصیبات پر حملے کی دھمکیاں بے کار ہیں: وزیرِ اعظم نیوزی لینڈ
April 7, 2026 4:04
ٹرمپ کی ایرانی شہری تنصیبات پر حملے کی دھمکیاں بے کار ہیں: وزیرِ اعظم نیوزی لینڈ

امریکی صدر ڈونلڈ ٹرمپ اور نیوزی لینڈ کے وزیرِاعظم کرسٹوفر لکسن— فائل فوٹونیوزی لینڈ کے وزیرِاعظم کرسٹوفر لکسن نے ایرانی شہری... [...]

شمالی کوریا ایران سے دوری اختیار کر رہا ہے: جنوبی کوریا کا دعویٰ
April 7, 2026 4:04
شمالی کوریا ایران سے دوری اختیار کر رہا ہے: جنوبی کوریا کا دعویٰ

— فائل فوٹوجنوبی کوریا نے دعویٰ کیا ہے کہ شمالی کوریا نے ایران کو ہتھیار فراہم نہیں کیے، تاکہ امریکا کے ساتھ سفارتی تعلقات ایک بار... [...]

ایران کیخلاف جنگ: امریکی فوج کا 13 ہزار سے زائد اہداف کو نشانہ بنانے کا دعویٰ
April 7, 2026 4:04
ایران کیخلاف جنگ: امریکی فوج کا 13 ہزار سے زائد اہداف کو نشانہ بنانے کا دعویٰ

---فائل فوٹوامریکی سینٹ کام نے دعویٰ کیا ہے کہ امریکی افواج نے ایران کے خلاف جاری جنگ میں 13 ہزار سے زائد اہداف کو نشانہ بنایا ہے۔سوشل... [...]

کیا ایران کا امریکا پر یورینیئم چوری کا منصوبہ بنانے کا الزام درست ہے؟
April 7, 2026 4:04
کیا ایران کا امریکا پر یورینیئم چوری کا منصوبہ بنانے کا الزام درست ہے؟

---فوٹو بشکریہ بین الاقوامی میڈیا ایران نے خدشے کا اظہار کیا ہے کہ جنوب مغربی ایران میں امریکی فضائیہ کے اہلکار کو بچانے کے لیے کیا... [...]

اسرائیلی صحافی امیت سگال کا لاپتہ امریکی فضائی اہلکار کی خبر دینے کا اعتراف
April 7, 2026 4:04
اسرائیلی صحافی امیت سگال کا لاپتہ امریکی فضائی اہلکار کی خبر دینے کا اعتراف

اسرائیلی صحافی امیت سگال—فائل فوٹواسرائیلی صحافی امیت سگال نے لاپتہ امریکی فضائی اہلکار کی خبر دینے کا اعتراف کر لیا۔امریکی نیوز... [...]

چاند کے گرد تاریخی مشن: آرٹیمس II نے انسان کے زمین سے سب سے دور سفر کا ریکارڈ توڑ دیا
April 7, 2026 3:04
چاند کے گرد تاریخی مشن: آرٹیمس II نے انسان کے زمین سے سب سے دور سفر کا ریکارڈ توڑ دیا

---فائل فوٹوناسا کے آرٹیمس II مشن نے انسان کے زمین سے سب سے دور سفر کا نیا ریکارڈ قائم کر دیا۔ اورین خلائی جہاز میں سوار 4 خلاء بازوں نے... [...]

امریکی ریاست فلوریڈا میں شریعہ قانون اور دہشتگرد گروہوں پر پابندی
April 7, 2026 2:04
امریکی ریاست فلوریڈا میں شریعہ قانون اور دہشتگرد گروہوں پر پابندی

فائل فوٹوامریکی ریاست فلوریڈا کے گورنر ران ڈی سانٹیس نے ریاست میں شریعہ قانون اور دہشتگرد گروہوں پر پابندی لگادی۔ فلوریڈا کے گورنر... [...]

سلامتی کونسل میں آبنائے ہرمز سے متعلق قرارداد پر ووٹنگ آج متوقع
April 7, 2026 2:04
سلامتی کونسل میں آبنائے ہرمز سے متعلق قرارداد پر ووٹنگ آج متوقع

اقوام متحدہ کی سلامتی کونسل میں آبنائے ہرمز سے متعلق قرار داد پر ووٹنگ آج متوقع ہے۔نئے مسودے میں بھی ایران سے جہازوں پر حملے ... [...]

کیا ایران جنگ میں خدا امریکا کی مدد کررہا ہے؟ ٹرمپ سے سوال
April 7, 2026 2:04
کیا ایران جنگ میں خدا امریکا کی مدد کررہا ہے؟ ٹرمپ سے سوال

تصویر غیر ملکی میڈیاکیا آپ سمجھتے ہیں ایران کے خلاف جنگ میں خدا امریکا کی مدد کررہا ہے؟ ٹرمپ سے صحافی نے سوال کیا تو ٹرمپ نے جواب میں... [...]

1 کروڑ 20 لاکھ افراد کی امریکا و اسرائیل کیخلاف لڑنے کیلئے رجسٹریشن
April 7, 2026 1:04
1 کروڑ 20 لاکھ افراد کی امریکا و اسرائیل کیخلاف لڑنے کیلئے رجسٹریشن

—فائل فوٹوایران کے وزیر داخلہ نے کہا ہے کہ ملک بھر سے ایک کروڑ بیس لاکھ افراد نے امریکا اور اسرائیل کیخلاف لڑنے کیلیے خود کو رجسٹرڈ... [...]

عالمی منڈی میں تیل کی قیمتوں میں 3 فیصد اضافہ
April 7, 2026 5:04
عالمی منڈی میں تیل کی قیمتوں میں 3 فیصد اضافہ

---فائل فوٹوامریکا و اسرائیل کی ایران سے جنگ کے باعث عالمی منڈی میں خام تیل کی قیمتوں میں 3 فیصد تک اضافہ ریکارڈ کیا گیا ہے۔ اس اضافے کے... [...]

پاکستان اسٹاک ایکسچینج میں منفی رجحان
April 7, 2026 5:04
پاکستان اسٹاک ایکسچینج میں منفی رجحان

---فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے دوسرے دن منفی رجحان دیکھا جا رہا ہے۔100 انڈیکس کاروبار کے دوران 1595 پوائنٹس کی... [...]

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April 6, 2026 3:04
ایک سال میں پیٹرول 48.61 فیصد اور ڈیزل 101.18 فیصد مہنگا ہوا

ایک سال میں پیٹرول اور ڈیزل کتنا مہنگا ہوا؟ تفصیلات جیونیوز پر آگئیں۔دستاویز کے مطابق ایک سال میں پیٹرول 48.61 فیصد، ڈیزل 101.18 فیصد... [...]

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April 6, 2026 12:04
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فائل فوٹوپاکستان کی ٹیکسٹائل برآمدات میں ماہانہ بنیادوں پر اضافہ ہوا ہے۔وزارت تجارت کے ذرائع نے کہا ہے کہ فروری کے مقابلے میں مارچ... [...]

پاکستان میں سونے کی اونچی اڑان جاری، آج مزید مہنگا
April 6, 2026 8:04
پاکستان میں سونے کی اونچی اڑان جاری، آج مزید مہنگا

---فائل فوٹوپاکستان بھر کی صرافہ مارکیٹوں میں سونے کی اونچی اڑان جاری ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق فی... [...]

پاکستان کا امارات کے ساڑھے 3 ارب ڈالرز سمیت جون تک 4.8 ارب ڈالرز کی ادائیگیوں کا بندوبست
April 6, 2026 7:04
پاکستان کا امارات کے ساڑھے 3 ارب ڈالرز سمیت جون تک 4.8 ارب ڈالرز کی ادائیگیوں کا بندوبست

پاکستان نے متحدہ عرب امارات کے ساڑھے 3 ارب ڈالرز سمیت جون تک 4.8 ارب ڈالرز کی ادائیگیوں کا بندوبست کر لیا۔حکومتی ذرائع کا دعویٰ ہے... [...]

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April 6, 2026 7:04
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کراچی کے مختلف علاقوں میں گیس کی بندش کا نیا شیڈول نافذ کر دیا گیا۔ذرائع کے مطابق صبح ساڑھے 5 بجے سے 10 بجے دن تک گیس فراہم کی جائے... [...]

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April 6, 2026 4:04
پاکستان اسٹاک ایکسچینج میں منفی رجحان

---فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے پہلے دن منفی رجحان دیکھا جا رہا ہے۔100 انڈیکس کاروبار کے دوران 1037 پوائنٹس کی... [...]

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April 5, 2026 12:04
جنگ کے دوران پاکستان میں ایرانی کرنسی کی قدر میں چار گنا اضافہ

امریکا اور اسرائیل کی جانب سے ایران پر مسلط کردہ جنگ کے دوران پاکستان میں ایرانی کرنسی کی قدر میں اضافہ ہوا ہے۔ ایکسچینج کمپنیز... [...]

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April 5, 2026 6:04
ایل پی جی کی 450 سے 500 روپے فی کلو تک فروخت جاری

---فائل فوٹوایل پی جی کی فی کلو سرکاری قیمت 310 روپے ہونے کے باوجود 450 سے 500 روپے فی کلو تک میں فروخت جاری ہے۔ گیس کی قلت سے پریشان اور... [...]

کراچی: ایل پی جی کی فی کلو قیمت ریکارڈ سطح تک پہنچ گئی
April 4, 2026 7:04
کراچی: ایل پی جی کی فی کلو قیمت ریکارڈ سطح تک پہنچ گئی

—فائل فوٹوکراچی میں ایل پی جی کی فی کلو قیمت 500 روپے کی ریکارڈ سطح تک پہنچ گئی۔صارفین کا کہنا ہے کہ ایک کلو ایل پی جی سرکاری نرخ سے 200... [...]

مظفرگڑھ: ایل پی جی کی قیمتوں میں مزید اضافہ
April 4, 2026 6:04
مظفرگڑھ: ایل پی جی کی قیمتوں میں مزید اضافہ

—فائل فوٹومظفرگڑھ میں ایل پی جی کی قیمتوں میں مزید اضافہ ہو گیا۔ضلع بھر میں ایل پی جی کی قیمت 530 روپے فی کلو تک پہنچ گئی ہے۔مظفر گڑھ... [...]

پاکستان اسٹاک ایکسچینج میں کاروباری ہفتے میں ملا جلا رجحان رہا
April 4, 2026 4:04
پاکستان اسٹاک ایکسچینج میں کاروباری ہفتے میں ملا جلا رجحان رہا

—فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے میں ملا جلا رجحان دیکھا گیا۔پی ایس ایکس میں گزشتہ کاروباری ہفتے میں 100 انڈیکس 1308... [...]

وائس چیئرمین پاکستان پیٹرول پمپ ایسوسی ایشن کا قیمتوں میں اضافہ پر خدشہ
April 3, 2026 5:04
وائس چیئرمین پاکستان پیٹرول پمپ ایسوسی ایشن کا قیمتوں میں اضافہ پر خدشہ

فائل فوٹووائس چیئرمین آل پاکستان پیٹرول پمپ ایسوسی ایشن نعمان بٹ نے پیٹرولیم مصنوعات کی قیمتوں میں اضافے پر اپنا خدشہ... [...]

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April 3, 2026 8:04
رواں ہفتے ملک میں کتنی مہنگائی ہوئی؟ ادارۂ شماریات نے بتا دیا

— فائل فوٹو وفاقی ادارۂ شماریات نے مہنگائی سے متعلق ہفتہ وار رپورٹ جاری کر دی۔ادارۂ شماریات کی رپورٹ کے مطابق 1 ہفتے میں 15 اشیائے... [...]

Broadcom’s stock is rising. Here’s why its new Google and Anthropic deals are so significant.
April 6, 2026 11:33
Broadcom’s stock is rising. Here’s why its new Google and Anthropic deals are so significant.

Expanded chip agreements “put the spotlight back on Broadcom as a major winner” and could pave the way for earnings upside, analysts say. [...]

Amazon, USPS strike a deal — showing they still need each other despite threats of big delivery cuts
April 6, 2026 10:22
Amazon, USPS strike a deal — showing they still need each other despite threats of big delivery cuts

The agreement arrives as Amazon continues to expand its warehouse network and focus on same-day deliveries. [...]

Here’s the somewhat surprising stock that will soon join the S&P 500
April 6, 2026 10:02
Here’s the somewhat surprising stock that will soon join the S&P 500

In replacing Hologic, the index committee at S&P Dow Jones opted for a convenience-store retailer instead of another healthcare company. [...]

As stocks approach a true comeback, here’s where investors can find the richest opportunities
April 6, 2026 10:00
As stocks approach a true comeback, here’s where investors can find the richest opportunities

The S&P 500 remains down this year despite its recent rebound. [...]

A top J.P. Morgan strategist tackles some of the biggest myths about the war in Iran
April 6, 2026 9:48
A top J.P. Morgan strategist tackles some of the biggest myths about the war in Iran

Just because the U.S. is a net exporter of certain fuels doesn’t mean its economy won’t feel some serious blowback from higher global energy costs driven by the conflict in Iran. [...]

‘I worked very hard’: I’m 71 and have $6 million after scrimping and saving. My son, 33, wants money for a house. Do I say yes?
April 6, 2026 9:30
‘I worked very hard’: I’m 71 and have $6 million after scrimping and saving. My son, 33, wants money for a house. Do I say yes?

“My son is 33 years old, married, with an 18-month-old baby and another baby due in September.” [...]

Strait of Hormuz sees increased ship traffic ahead of Trump’s deadline. Here’s why oil prices are not budging.
April 6, 2026 9:04
Strait of Hormuz sees increased ship traffic ahead of Trump’s deadline. Here’s why oil prices are not budging.

The Strait of Hormuz saw an uptick in traffic over the weekend, as a looming U.S. deadline for Iran to reopen the key waterway kept markets on edge. [...]

Trump moves to scrap utility bill aid for Americans, as soaring energy costs hit over $1,000 on average this winter
April 6, 2026 8:35
Trump moves to scrap utility bill aid for Americans, as soaring energy costs hit over $1,000 on average this winter

The White House is moving to scrap a program that helps low-income people pay their utility bills at a time when Americans’ energy costs are surging. [...]

3 factors that could get software stocks going again after a brutal stretch
April 6, 2026 7:18
3 factors that could get software stocks going again after a brutal stretch

It may not be a quick turnaround for the software sector, but here are three themes investors should monitor as they consider whether to re-engage. [...]

Americans are increasingly saying they won’t pay their taxes this year as a political protest. Here’s what could happen to them.
April 6, 2026 6:56
Americans are increasingly saying they won’t pay their taxes this year as a political protest. Here’s what could happen to them.

TikTok videos suggest paying taxes is voluntary — but that’s a myth. People who don’t pay can be fined and even end up in prison. [...]

Broadcom’s stock is rising. Why its new Google, Anthropic deals are significant.
April 6, 2026 11:48
Here’s the somewhat surprising stock that will soon join the S&P 500
April 6, 2026 10:04
A top J.P. Morgan strategist tackles some of the biggest myths on the Iran war
April 6, 2026 9:52
Strait of Hormuz traffic rises before U.S. deadline. Oil prices haven't budged.
April 6, 2026 9:10
U.S. stocks end higher as S&P 500, Nasdaq post 4th straight daily gains
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Charter Communications announces buyout deal for Liberty Broadband at terms above its previous proposal
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