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KSE-100 ends higher as Iran delegation news triggers late rally
April 24, 2026 2:59
KSE-100 ends higher as Iran delegation news triggers late rally

A volatile trading session was observed at the Pakistan Stock Exchange (PSX) as investors closely monitored geopolitical developments, with the benchmark KSE-100 ending the week’s last session up by nearly 1,500 points on Friday. The session started on a slightly weak note, with the benchmark index dipping early and touching the intra-day low of 166,380.71. The real shift came in the second half of the trading session, where strong buying momentum kicked in. The reversal in trend came amid reports that the Iranian delegation led by Foreign Minister Abbas Araghchi is expected to arrive in Islamabad tonight. At close, the benchmark index settled at 170,672.04, up by 1,498.67 points or 0.89%. “Investors reacted to delays in US-Iran peace negotiations, with the US continuing to intensify pressure through its naval blockade. However, recovery was observed during the second half of trading session as investors reacted positively to news that Iran Foreign Minister Abbas Araghchi is expected to arrive in Pakistan’s capital on Friday night for a second round of peace talks with the US,” brokerage house Topline Securities said in its post-market report. Top positive contribution to the index came from MEBL, UBL, OGDC, NBP and BOP, as they cumulatively contributed positive 765 points to the index; on the other hand, BAHL, FABL MCB, HMB and EFERT contributed negative 158 points to the index, it added. In a key development, Pakistan completed the repayment of $3.45 billion to the United Arab Emirates (UAE), the central bank confirmed on Friday. On Thursday, bears dominated the PSX as investors stayed cautious amid prevailing uncertainty and awaited clearer signals on geopolitical developments. The benchmark KSE-100 Index declined by 2,406 points or 1.40%, to close at 169,173.38 points. Internationally, Asia shares struggled on Friday, and oil prices resumed their rise, as a shaky ceasefire in the Middle East war and stalled ​US-Iran peace talks gave investors little to cheer. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3% and was set to end ‌the week with a 0.8% gain, while Japan’s Nikkei added 0.45% and stocks in South Korea, China and Hong Kong fell. Nasdaq futures and S&P 500 futures advanced 0.6% and 0.1%, respectively, after closing lower in the cash session overnight, while EUROSTOXX 50 futures were down 0.65% and FTSE futures fell 0.9%. The mixed showing underscored the tense market mood as investors this week seesawed ​between hope for an imminent end to the war and fear that it might not come soon. Iran on Thursday flaunted its tightened grip over the key Strait of Hormuz with a video of commandos in a speedboat storming a huge cargo ship, while ​U.S. President Donald Trump said he had ordered the Navy to “shoot and kill” Iranian boats laying mines in the strait, and step up demining activity. Trump’s comments came ​just days after he said he would indefinitely extend what had been a two-week ceasefire with Iran to allow for further peace talks. Meanwhile, the Pakistani rupee registered marginal gain against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 278.85, a gain of Re0.01 against the greenback. Volume on the all-share index decreased to 1,192.17 million from 1,321.51 million recorded in the previous close. The value of shares rose to Rs39.68 billion from Rs30.84 billion in the previous session. F. Nat.Equities was the volume leader with 128.29 million shares, followed by B.O.Punjab with 112.67 million shares, and Unity Foods Ltd with 98.16 million shares. Shares of 480 companies were traded on Friday, of which 247 registered an increase, 196 recorded a fall, and 37 remained unchanged. [...]

India's Reliance seen posting quarterly profit fall on crude price surge
April 24, 2026 2:41
India's Reliance seen posting quarterly profit fall on crude price surge

Billionaire Mukesh Ambani-led Reliance Industries is set to report a decline in March-quarter profit on Friday, as the Middle East war-driven spike in crude prices weighed on its mainstay oil-to-chemicals business, analysts said. The company’s consolidated net profit is expected to fall 3.7% year-over-year in the fourth quarter, while revenue is seen rising 8.1%, according to the average estimate of six brokerages, as calculated by Reuters. Reliance Industries, which operates the world’s largest refining complex in western India and derives nearly half its revenue from the segment, faces pressure as Brent crude has surged more than 40% since late February amid the U.S.-Israeli war with Iran and disruptions to flows through the Strait of Hormuz. “Refiner (including Reliance) earnings should in theory benefit from higher cracks, but high crude premiums and operating costs could be a material, uncertain drag,” analysts at JP Morgan said. Jefferies said the operating profit in the oil-to-chemicals segment is likely to be hit by the scarcity premium on crude, higher freight costs and increased production of loss-making liquefied petroleum gas. Indian court extends detention of aviation official, Reliance exec in bribery case The company’s shares have fallen about 8% since it reported its third-quarter earnings on January 16, underperforming the benchmark Nifty 50, which is down 5.8% over the same period. Retail to slow while telecom holds firm Brokerages expect slower growth in the Indian oil-to-telecom conglomerate’s retail segment amid intensifying competition, while its telecom business likely performed better on continued subscriber growth. Jefferies expects Reliance’s retail business to have grown at 8% in the March quarter, which would mark a second consecutive quarter of sub-10% growth. Analysts expect the telecom business to sustain strong subscriber additions and upgrades to higher-priced plans. Centrum forecasts Reliance Jio to have added 5 million users to reach 520 million in the March quarter, while average revenue per user likely firmed marginally from the previous quarter to 216 rupees. With the earnings announcement, investors will also watch for Reliance Jio Platforms’ IPO cues, after Reuters reported the company held talks with 13 marquee foreign investors to each sell 8% of their stake in a planned Mumbai listing. [...]

India's central bank cancels Paytm Payments Bank licence
April 24, 2026 2:36
India's central bank cancels Paytm Payments Bank licence

India’s central bank said on Friday it has cancelled the banking licence issued to Paytm Payments Bank Limited, more than two years after the regulator imposed business curbs over violations, including lapses in customer due diligence. Backed by One 97 Communications, which once counted China’s Ant Group and Japan’s SoftBank as investors, Paytm had obtained a limited banking license in August 2015 that allowed it to take small deposits but not give out loans. In January 2024, the Reserve bank of India had ordered the bank to stop accepting fresh deposits due to, what it said at the time, non-compliance with rules, including on customer due diligence, use of funds and technology infrastructure. The RBI said on Friday it would make an application for winding up of the bank before the high court. While the bank remains operational, its activities are severely limited to processing withdrawals of existing deposits and facilitating loan referrals through banking correspondents, according to its website. It cannot take fresh deposits. [...]

Sri Lanka shares end flat, log weekly loss
April 24, 2026 1:03
Sri Lanka shares end flat, log weekly loss

Sri Lankan shares closed unchanged on Friday and ended the week in the red, as gains in consumer staples and materials stocks were offset by healthcare losses. The CSE All Share index settled flat at 22,567.63. Industrial Asphalts (Ceylon) and Serendib Land PLC were the top percentage gainers on the CSE All Share index, rising 25% and 16.7%, respectively. Trading volume on the CSE All Share index fell to 120.3 million shares from 126 million in the previous session, according to exchange data. The equity market’s turnover fell to 2.07 billion Sri Lankan rupees ($6.51 million) from 2.83 billion rupees in the previous session. Foreign investors were net sellers, offloading stocks worth 69.6 million rupees, while domestic investors were net buyers, purchasing shares worth 2.03 billion rupees. [...]

Copper drifts lower as Iran-US standoff continues
April 24, 2026 12:54
Copper drifts lower as Iran-US standoff continues

LONDON: Copper prices edged down on Friday on worries about the continued closure of the Strait of Hormuz amid the lack of progress in peace talks between the U.S. and Iran. Benchmark three-month copper on the London Metal Exchange slipped 0.5% to $13,290 a metric ton in official open-outcry trading. Israel and Lebanon extended their ceasefire for three weeks, but President Donald Trump said he was in no rush to reach a peace agreement with Iran. “While the risk of escalation through military conflict is reduced for now, the severity of the disruption continues to grow every day,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen. LME copper, which hit a record high of $14,527.50 a ton on January 29, is caught between competing drivers: the threat of weaker economic activity pressuring demand against the threat of disruptions from shortages of sulphuric acid. Key resistance on the upside is at $13,525 a ton, which has seen repeated challenges turned back since early February, Hansen added. “With all these unknowns right now, that’s probably why we’ve been more or less trading sideways for the last two weeks,” he said. Also pressuring copper was news that the International Copper Study Group said on Thursday the global refined copper market is expected to flip into surplus in 2026. The most-active copper contract on the Shanghai Futures Exchange sank 0.7% to 102,460 yuan ($14,988.52) a ton, ending the week down 0.31%. Helping support the metal was a continued decline in SHFE inventories, which fell 16.3% over the past week and have more than halved since early March. LME nickel rose 0.1% in official activity to $18,750, having earlier hit its highest since January 29 at $18,850 on worries about supply. The International Nickel Study Group this week said the market was expected to swing to its first annual deficit since 2021. Elsewhere on the LME, aluminium dropped 0.6% to $3,598 a ton,zinc rose 0.6% to $3,473.50,lead added 0.3% to $1,961and tin gained 0.4% to $50,400. [...]

India's markets regulator proposes to tighten variable net worth norms for brokers
April 24, 2026 12:51
India's markets regulator proposes to tighten variable net worth norms for brokers

India’s markets regulator proposed revising the variable net worth requirements for stock brokers to better align capital requirements with operational risks and protect investor interests, according to a consultation paper released on Friday. The Securities and Exchange Board of India (SEBI) proposed that brokers maintain variable net worth based on both the average credit balance of client funds and the number of active clients. Here are the details: Variable net worth to include 10% of the average credit balance of clients over the previous six months. Additional net worth requirements of 5 million rupees ($53,051.81) for brokers with more than 10,000 direct active clients, with another 5 million rupees for every additional 50,000 clients. India regulator’s panel recommends NSE pay $193 million to settle cases, sources say Additional capital requirements for clients served through authorized persons rise in slabs from 0.5 million rupees to 5 million rupees as client numbers increase. Proposal follows introduction of an upstreaming framework requiring brokers to transfer client funds to clearing corporations instead of holding them, reducing balances earlier used to calculate variable net worth SEBI has invited public comments on the consultation paper until May 15. [...]

UAE stocks rise on robust corporate earnings
April 24, 2026 12:47
UAE stocks rise on robust corporate earnings

Stock markets in the United Arab Emirates closed higher on Friday, with Dubai leading regional gains after stronger-than-expected earnings from the country’s three largest lenders lifted banking shares and supported broader sentiment, even as investors remained cautious amid the Iran war. Dubai’s main index gained 0.7%, snapping two sessions’ losses with top lender Emirates NBD Bank increasing 2%, while state-run utility firm Dubai Electricity and Water Authority advanced. Emirates NBD said on Thursday its profit for the first quarter rose 3% to 6.4 billion dirhams ($1.74 billion). The Dubai index logged a 2.2% decline, its first weekly loss after five positive sessions, while Abu Dhabi recorded a 1.3% weekly fall, according to data compiled by LSEG. Abu Dhabi Commercial Bank recorded a 37% hike in first quarter net profit to 3.36 billion dirhams, while Q1 operating income jumped 18% year-on-year. The banking sector’s performance reinforced confidence in the underlying strength of the domestic economy, encouraging selective buying and providing broader support to UAE equities, said George Pavel, general manager at Naga.com Middle East. “However, sentiment could remain cautious amid persistent geopolitical risks in the region”. Oil prices - a catalyst for the Gulf’s financial market - declined on Friday after a Pakistani government source said Iranian Foreign Minister Abbas Araqchi was expected to arrive in Islamabad on Friday night with a small team and peace talks with the U.S. were likely to take place. Brent crude was down 0.9% at $104.16 a barrel by 1151 GMT. [...]

Gold price per tola drops by Rs2,900 per tola in Pakistan
April 24, 2026 12:39
Gold price per tola drops by Rs2,900 per tola in Pakistan

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs490,862 after a decline of Rs2,900 during the day. Similarly, 10-gram gold was sold at Rs420,835 after it fell by Rs2,486, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs493,762 after a decline of Rs5,200 during the day. The international rate of gold declined by $29 to reach $4,685 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs142 to reach Rs7,957 per tola. [...]

High oil prices and weak IT forecasts drag Indian shares to weekly losses
April 24, 2026 12:28
High oil prices and weak IT forecasts drag Indian shares to weekly losses

Indian shares fell on Friday, posting weekly losses as Middle East tension-linked higher oil prices and a slump in IT stocks after weak forecasts from Infosys and HCLTech dented sentiment. The Nifty 50 fell 1.14% to 23,897.95, and the BSE Sensex shed 1.27% to 76,681.29. The benchmark indexes lost 1.9% and 2.3% respectively this week, after two weeks of gains. Iran displayed its grip over the Strait of Hormuz with a video of its commandos storming a cargo ship following the collapse of peace negotiations and U.S. President Donald Trump’s indefinite extension of the ceasefire. Brent crude hovered around $107 a barrel. “The rally in the last two weeks, driven by hopes of progress in U.S.-Iran talks, suggests some buying support, but sentiment will stay subdued and markets sluggish as long as crude remains above $100 a barrel,” said Aishvarya Dadheech, founder and chief investment officer at Fident Asset Management. Higher crude prices hurt India by stoking inflation, swelling the import bill, and weighing on growth and corporate earnings, factors HSBC and J.P.Morgan cited in downgrading Indian equities this week. Eleven of the 16 major sectors logged weekly losses. The broader small-caps were little-changed while mid-caps fell 0.9%. The IT index slid 5.3% on the day and 10.3% for the week. HCLTech and Infosys logged weekly losses of 16.6% and 12.4% on their weak fiscal 2027 revenue forecasts, due to macro uncertainty and subdued client spending. IT index constituents lost over $26 billion in market value this week. “Muted earnings and cautious commentary from IT companies are reinforcing concerns that AI-driven deflationary pressure on revenues could be significant,” said Dadheech. Buck­ing the broader weakness, consumer heavyweight Nestle India jumped 10.6% this week, after posting a sharp rise in quarterly profit on strong demand. Index heavyweight Reliance Industries fell 2.7% this week ahead of its quarterly results due after market close on Friday. [...]

India's Shriram Finance beats profit forecasts, crosses 3 trillion Indian rupees in AUM
April 24, 2026 12:18
India's Shriram Finance beats profit forecasts, crosses 3 trillion Indian rupees in AUM

BENGALURU: India’s Shriram Finance posted a bigger-than-expected fourth-quarter profit on Friday, bolstered by growth in lending for commercial and passenger vehicle  purchases. The non-bank lender’s profit rose 41% to 30.14 billion rupees ($319.7 million) in the quarter ended March 31, compared with 21.39 billion rupees a year earlier, beating an average analyst estimate of 27.82 billion rupees, as per data compiled by LSEG. Credit demand in India gained momentum in the second half of the fiscal year that ends in March, as easing inflation and lower taxes supported household spending as well as corporate borrowing. Analysts said Shriram’s dominant position in used commercial vehicle financing - which commands higher yield premiums compared to new vehicle loans - would be a key earnings driver, with assets under management (AUM) growth expected to accelerate over FY26-28. India’s Shriram Finance beats profit view on lending growth in small businesses, commercial vehicles Its loans for commercial vehicles rose 19.49%, while lending for passenger vehicles climbed about 19.05%. Together these account for almost two-thirds of its 3.02 trillion rupee assets under management, which grew around 15%. Net interest income - the difference between interest earned from lending activity and paid on borrowings - rose 15.58% to 69.94 billion rupees. The gross stage 3 ratio - which measures the ratio of loans overdue more than 90 days to total loans, before provisions - edged up slightly to 4.58% from 4.55% a year earlier, and 4.54% in the December quarter. The net interest margin rose to 8.61% from 8.25% in the same quarter a year earlier. Analysts said MUFG’s $4.4 billion capital infusion, which is expected to lower Shriram Finance’s cost of funds over the medium term, provides a structural tailwind to margins. The board approved the re-appointment of Parag Sharma as MD and CEO for five years. It also approved the appointment of Morihiko Fuji and Shinichi Fujinami, nominee directors of MUFG Bank. [...]

Rupee inches up against US dollar
April 24, 2026 11:56
Rupee inches up against US dollar

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At close, the local currency settled at 278.85, a gain of Re0.01 against the greenback. On Thursday, the local unit closed at 278.86. Meanwhile, the State Bank of Pakistan (SBP) is scheduled to hold the third Monetary Policy Committee (MPC) meeting of 2026 on April 27 to review the key policy rate amid evolving macroeconomic and external conditions. Moreover, the ​dollar was on track for its first weekly gain in three weeks on Friday. The US dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was little changed at 98.82 ​and remained on track for a weekly gain of 0.58%. The euro was flat at $1.1683, while sterling edged down 0.02% to $1.3464. “Oil ⁠and the dollar are still moving pretty closely together, and with crude creeping back up … I’d say the dollar is still staying fairly firm,” said ​Sho Suzuki, a market analyst at Matsui Securities. On the other hand, oil prices rose on Friday due to fears of a renewed military escalation in the Middle East after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz and on reports that Tehran’s air defences had engaged “hostile targets.” Brent crude futures rose 99 cents, or 0.94%, to $106.06 a barrel at 0410 GMT, while West Texas Intermediate futures were up 71 cents, or 0.73%, at $96.56. Brent rose 17.13% throughout the course of the week while WTI rose 15.13%, the second-largest weekly gain since the war began. [...]

Urals crude prices at Russian ports slip below $100 per barrel
April 24, 2026 11:54
Urals crude prices at Russian ports slip below $100 per barrel

MOSCOW: Prices for Russia’s flagship Urals crude at its western ports slipped below $100 per barrel late last week, easing from 14-year highs but still at their strongest levels since mid-2022, traders’ data and Reuters calculations showed. Urals traded above $100 per barrel for most of April amid a global energy supply squeeze due to the Iran war. This week, however, the average Urals price on a FOB (free on board) basis at Primorsk and Novorossiisk fell to around $90 per barrel, tracking weaker Brent prices after a fragile ceasefire between the U.S. and Iran. The average Urals price from the start of the year to April 24 was $65 per barrel, compared with an average of $45 before the war broke out on February 28. US extends sanctions waiver on purchases of Russian oil The average Urals discount to dated Brent on a FOB basis in Russia’s western ports has narrowed to about $18 per barrel in April, from $22 in March and $24 in February, traders said. Prices for cargoes on a delivered basis (DES) in Indian ports rose by around $18 per barrel from end-March, swinging from a discount of about $10 to a premium of roughly $8 per barrel to Brent. Higher freight rates trimmed exporters’ margins, but elevated global crude prices amid tensions in the Gulf outweighed those costs. The Russian oil price in roubles used for tax calculations exceeded the level assumed in the federal budget by 46% in the first half of April, driven by the surge in global oil prices. Russia’s 2026 federal budget assumes an oil price of $59 per barrel. [...]

India sells 30-year green debt at 'greenium' last seen 3 years ago
April 24, 2026 11:45
India sells 30-year green debt at 'greenium' last seen 3 years ago

MUMBAI: India on Friday sold 30-year green bonds at a 6-basis-point “greenium” to equivalent-maturity government securities, the largest such premium since January 2023, when the country began issuing the notes. A greenium is the lower yield investors are willing to accept for bonds that finance environmentally sustainable projects. The Reserve Bank of India sold the 30-year green bond at a 7.50% coupon, versus a 7.5628% yield on the 30-year 7.24% 2055 bond. Including Friday’s sale, India has raised 777 billion rupees ($8.24 billion) through such papers. “Today’s auction saw strong interest from the investors for green bonds. Infra classification of such bond makes it attractive bet for insurance companies,” Shobit Gupta, Chief Investment Officer, Generali Central Life Insurance. Oil pain drags India 10-year bond to over 2-week low The green bond issue was subscribed about 2.5 times, resulting in a greenium of roughly 6 basis points over the comparable on-the-run security, he added. Traders said demand came largely from a state-run insurer and other major insurance firms, especially after the government slashed supply of ultra-long bonds for the first half of the fiscal year. India has reduced borrowing through 30- to 50-year bonds to 24.9% for April-September 2026, from 35% in April-September 2025 and 30% in October-March. It plans to raise 150 billion rupees through 30-year green bond sales, according to the borrowing calendar. Market participants are urging the government to continue reissuing this bond to improve liquidity and help preserve the greenium. “Most players prefer ultra-long green bond sale, as they may not be able to have any greenium in five-year or 10-year duration, which is mainly driven by traders,” a treasury official said requesting anonymity as he is not authorised to speak to media. [...]

Indian rupee logs steepest weekly drop in over three years as Iran war worries resurface
April 24, 2026 11:33
Indian rupee logs steepest weekly drop in over three years as Iran war worries resurface

MUMBAI: The Indian rupee declined in all five trading sessions to log its steepest week-on-week loss since September 2022, as worries over the fragility of a U.S.-Iran ceasefire and disrupted energy flows sparked a renewed surge in oil prices. The Indian rupee closed at 94.2475 on Friday, down 1.4% on the week. Regulatory measures by the Reserve Bank of India and optimism over an end to hostilities in the Middle East granted the rupee some breathing room last week, but it proved fleeting as oil prices resumed their upward march with hopes of peace talks ebbing and flowing. India’s benchmark equity index, the Nifty 50, fell about 2% on the week while government bonds slipped, with the benchmark yield rising nearly 10 basis points to almost 7%. Global markets were gripped by the uncertainty as fears of a renewed military escalation in the Middle East kept investors on edge heading into the weekend. The war has been paused since a ceasefire on April 8. The U.S. and Iran met in Pakistan on April 11 and 12 in an attempt to end hostilities, but talks ended without agreement and a second round is yet to take place. Brent crude oil futures were last up 2% at $107.25 per barrel. “The ceasefire that is currently being maintained can certainly be viewed as a de-escalation from the more intense phase of the military conflict but keeping the US blockade in place essentially means the risks continue to build of a significant spike in prices,” MUFG said in a note. Major surveys showed on Thursday that the global economy is facing ever more tangible strains from the energy shock, as factories grapple with soaring production costs and activity weakens even in services sectors. [...]

IEA sees 'tight' liquefied natural gas markets through 2027
April 24, 2026 8:51
IEA sees 'tight' liquefied natural gas markets through 2027

PARIS: Liquefied natural gas (LNG) supplies are likely to remain strained through the end of 2027 due to disruptions and infrastructure damage from the US-Iran war, the International Energy Agency said Friday. Energy prices have soared since Tehran effectively closed the Strait of Hormuz to Gulf tanker traffic and began striking oil and gas targets in neighbouring countries in retaliation for US and Israeli attacks. “The combined effect of short-term supply losses and slower capacity growth could result in a cumulative loss of around 120 billion cubic metres of LNG supply between 2026 and 2030,” the Paris-based agency said in a new report. It said nearly 20 percent of LNG supply has been lost due to the conflict, and warned that new investments to increase production are likely to be delayed. “While new liquefaction projects in other regions are expected to offset these losses over time, the impact will prolong tight markets through 2026 and 2027,” it said. Soaring prices could also depress demand for gas, with many countries already announcing energy-saving measures that could drive demand for renewable energy sources. “The demand side is set to play a key role in balancing the market – particularly in Asia, where fuel switching is already picking up alongside energy-saving measures,” the IEA said. Economists warn that persistently high prices could spark widespread inflation that could derail growth worldwide if consumers curtail spending in response. [...]

Rupee inches up against US dollar
April 24, 2026 3:36
Rupee inches up against US dollar

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At close, the local currency settled at 278.85, a gain of Re0.01 against the greenback. On Thursday, the local unit closed at 278.86. Meanwhile, the State Bank of Pakistan (SBP) is scheduled to hold the third Monetary Policy Committee (MPC) meeting of 2026 on April 27 to review the key policy rate amid evolving macroeconomic and external conditions. Moreover, the ​dollar was on track for its first weekly gain in three weeks on Friday. The US dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was little changed at 98.82 ​and remained on track for a weekly gain of 0.58%. The euro was flat at $1.1683, while sterling edged down 0.02% to $1.3464. “Oil ⁠and the dollar are still moving pretty closely together, and with crude creeping back up … I’d say the dollar is still staying fairly firm,” said ​Sho Suzuki, a market analyst at Matsui Securities. On the other hand, oil prices rose on Friday due to fears of a renewed military escalation in the Middle East after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz and on reports that Tehran’s air defences had engaged “hostile targets.” Oil turned negative on Friday after a Pakistani government source said Iranian Foreign Minister Abbas Araqchi was expected to arrive in Islamabad on Friday night with a small team and peace talks with the U.S. were likely to take place. Earlier in the session, crude was up more than 2% on concerns of a renewed military escalation in the region after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz, and a lack of progress in re-opening the key waterway. However, speculation that diplomacy could resume prompted prices to pare gains, analysts said. By 1203 GMT, Brent crude futures were down 79 cents, or 0.8%, at $104.28, and US West Texas Intermediate futures fell 95 cents or 1% to $94.90. Inter-bank market rates for dollar on Friday BID Rs 278.85 OFFER Rs 279.05 Open-market movement In the open market, the PKR gained 4 paisa for buying and remained unchanged for selling against USD, closing at 279.35 and 280.17, respectively. Against Euro, the PKR gained 20 paise for buying and 12 paise for selling, closing at 326.02 and 329.21, respectively. Against UAE Dirham, the PKR remained unchanged for buying and lost 2 paise for selling, closing at 76.04 and 76.87, respectively. Against Saudi Riyal, the PKR lost 2 paise for both buying and selling, closing at 74.31 and 75.04, respectively. Open-market rates for dollar on Friday BID Rs 279.35 OFFER Rs 280.17 [...]

KSE-100 ends higher as Iran delegation news triggers late rally
April 24, 2026 2:59
KSE-100 ends higher as Iran delegation news triggers late rally

A volatile trading session was observed at the Pakistan Stock Exchange (PSX) as investors closely monitored geopolitical developments, with the benchmark KSE-100 ending the week’s last session up by nearly 1,500 points on Friday. The session started on a slightly weak note, with the benchmark index dipping early and touching the intra-day low of 166,380.71. The real shift came in the second half of the trading session, where strong buying momentum kicked in. The reversal in trend came amid reports that the Iranian delegation led by Foreign Minister Abbas Araghchi is expected to arrive in Islamabad tonight. At close, the benchmark index settled at 170,672.04, up by 1,498.67 points or 0.89%. “Investors reacted to delays in US-Iran peace negotiations, with the US continuing to intensify pressure through its naval blockade. However, recovery was observed during the second half of trading session as investors reacted positively to news that Iran Foreign Minister Abbas Araghchi is expected to arrive in Pakistan’s capital on Friday night for a second round of peace talks with the US,” brokerage house Topline Securities said in its post-market report. Top positive contribution to the index came from MEBL, UBL, OGDC, NBP and BOP, as they cumulatively contributed positive 765 points to the index; on the other hand, BAHL, FABL MCB, HMB and EFERT contributed negative 158 points to the index, it added. In a key development, Pakistan completed the repayment of $3.45 billion to the United Arab Emirates (UAE), the central bank confirmed on Friday. On Thursday, bears dominated the PSX as investors stayed cautious amid prevailing uncertainty and awaited clearer signals on geopolitical developments. The benchmark KSE-100 Index declined by 2,406 points or 1.40%, to close at 169,173.38 points. Internationally, Asia shares struggled on Friday, and oil prices resumed their rise, as a shaky ceasefire in the Middle East war and stalled ​US-Iran peace talks gave investors little to cheer. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3% and was set to end ‌the week with a 0.8% gain, while Japan’s Nikkei added 0.45% and stocks in South Korea, China and Hong Kong fell. Nasdaq futures and S&P 500 futures advanced 0.6% and 0.1%, respectively, after closing lower in the cash session overnight, while EUROSTOXX 50 futures were down 0.65% and FTSE futures fell 0.9%. The mixed showing underscored the tense market mood as investors this week seesawed ​between hope for an imminent end to the war and fear that it might not come soon. Iran on Thursday flaunted its tightened grip over the key Strait of Hormuz with a video of commandos in a speedboat storming a huge cargo ship, while ​U.S. President Donald Trump said he had ordered the Navy to “shoot and kill” Iranian boats laying mines in the strait, and step up demining activity. Trump’s comments came ​just days after he said he would indefinitely extend what had been a two-week ceasefire with Iran to allow for further peace talks. Meanwhile, the Pakistani rupee registered marginal gain against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 278.85, a gain of Re0.01 against the greenback. Volume on the all-share index decreased to 1,192.17 million from 1,321.51 million recorded in the previous close. The value of shares rose to Rs39.68 billion from Rs30.84 billion in the previous session. F. Nat.Equities was the volume leader with 128.29 million shares, followed by B.O.Punjab with 112.67 million shares, and Unity Foods Ltd with 98.16 million shares. Shares of 480 companies were traded on Friday, of which 247 registered an increase, 196 recorded a fall, and 37 remained unchanged. [...]

India's Reliance seen posting quarterly profit fall on crude price surge
April 24, 2026 2:41
India's Reliance seen posting quarterly profit fall on crude price surge

Billionaire Mukesh Ambani-led Reliance Industries is set to report a decline in March-quarter profit on Friday, as the Middle East war-driven spike in crude prices weighed on its mainstay oil-to-chemicals business, analysts said. The company’s consolidated net profit is expected to fall 3.7% year-over-year in the fourth quarter, while revenue is seen rising 8.1%, according to the average estimate of six brokerages, as calculated by Reuters. Reliance Industries, which operates the world’s largest refining complex in western India and derives nearly half its revenue from the segment, faces pressure as Brent crude has surged more than 40% since late February amid the U.S.-Israeli war with Iran and disruptions to flows through the Strait of Hormuz. “Refiner (including Reliance) earnings should in theory benefit from higher cracks, but high crude premiums and operating costs could be a material, uncertain drag,” analysts at JP Morgan said. Jefferies said the operating profit in the oil-to-chemicals segment is likely to be hit by the scarcity premium on crude, higher freight costs and increased production of loss-making liquefied petroleum gas. Indian court extends detention of aviation official, Reliance exec in bribery case The company’s shares have fallen about 8% since it reported its third-quarter earnings on January 16, underperforming the benchmark Nifty 50, which is down 5.8% over the same period. Retail to slow while telecom holds firm Brokerages expect slower growth in the Indian oil-to-telecom conglomerate’s retail segment amid intensifying competition, while its telecom business likely performed better on continued subscriber growth. Jefferies expects Reliance’s retail business to have grown at 8% in the March quarter, which would mark a second consecutive quarter of sub-10% growth. Analysts expect the telecom business to sustain strong subscriber additions and upgrades to higher-priced plans. Centrum forecasts Reliance Jio to have added 5 million users to reach 520 million in the March quarter, while average revenue per user likely firmed marginally from the previous quarter to 216 rupees. With the earnings announcement, investors will also watch for Reliance Jio Platforms’ IPO cues, after Reuters reported the company held talks with 13 marquee foreign investors to each sell 8% of their stake in a planned Mumbai listing. [...]

India's central bank cancels Paytm Payments Bank licence
April 24, 2026 2:36
India's central bank cancels Paytm Payments Bank licence

India’s central bank said on Friday it has cancelled the banking licence issued to Paytm Payments Bank Limited, more than two years after the regulator imposed business curbs over violations, including lapses in customer due diligence. Backed by One 97 Communications, which once counted China’s Ant Group and Japan’s SoftBank as investors, Paytm had obtained a limited banking license in August 2015 that allowed it to take small deposits but not give out loans. In January 2024, the Reserve bank of India had ordered the bank to stop accepting fresh deposits due to, what it said at the time, non-compliance with rules, including on customer due diligence, use of funds and technology infrastructure. The RBI said on Friday it would make an application for winding up of the bank before the high court. While the bank remains operational, its activities are severely limited to processing withdrawals of existing deposits and facilitating loan referrals through banking correspondents, according to its website. It cannot take fresh deposits. [...]

DIB Pakistan, Pocket Money unlock seamless USD inflows for home remittances, freelancers
April 24, 2026 2:34
DIB Pakistan, Pocket Money unlock seamless USD inflows for home remittances, freelancers

DIB Pakistan and Pocket Money have entered a strategic partnership to enable seamless US Dollar-to-Rupee cashouts across Pakistan, bringing a new level of speed, compliance, and convenience to both cross-border home remittances, and international transactions for freelancers. This partnership marks a significant milestone in Pakistan’s digital financial landscape, by combining DIB Pakistan’s growing presence and ethical finance with Pocket Money’s user-focused platform. The two companies aim to set a new standard for compliant, accessible cross-border payments. This initiative will bring more of Pakistan’s growing freelance and remote workforce into the formal economy. Muhammad Ali Gulfaraz, CEO, DIB Pakistan, stated “DIB is committed to enabling innovative, secure, and ethical financial solutions that meet the evolving needs of our customers. Our partnership with Pocket Money represents a meaningful step forward for Pakistan’s digital payments ecosystem, providing a seamless, regulated pathway for US Dollar inflows to reach individuals in Rupees. We believe this will empower freelancers, remote workers, and families across the country with faster, more reliable access to their earnings, while strengthening the formal economy.” Moe Jangda, CEO, Pocket Money commenting on the occasion, stated, “With DIB Pakistan’s regulated infrastructure, Pocket Money users can now process their US Dollar earnings on a secure and trusted platform. This partnership delivers a defining capability for our users, backed by a name they already know and trust.” The collaboration is underpinned by formal regulatory approval: following DIB’s application to the State Bank of Pakistan, the specific use case was sanctioned, establishing a fully compliant and regulated framework for the service. About DIB Pakistan DIB Pakistan Ltd is a regulated financial institution offering a range of banking and payment solutions in Pakistan, with a focus on innovation, compliance, and customer-centric service. About Pocket Money Pocket Money is a digital financial platform offering US Dollar Accounts and cross-border payment solutions to users in Pakistan, enabling seamless receipt and conversion of international funds. [...]

Sri Lanka shares end flat, log weekly loss
April 24, 2026 1:03
Sri Lanka shares end flat, log weekly loss

Sri Lankan shares closed unchanged on Friday and ended the week in the red, as gains in consumer staples and materials stocks were offset by healthcare losses. The CSE All Share index settled flat at 22,567.63. Industrial Asphalts (Ceylon) and Serendib Land PLC were the top percentage gainers on the CSE All Share index, rising 25% and 16.7%, respectively. Trading volume on the CSE All Share index fell to 120.3 million shares from 126 million in the previous session, according to exchange data. The equity market’s turnover fell to 2.07 billion Sri Lankan rupees ($6.51 million) from 2.83 billion rupees in the previous session. Foreign investors were net sellers, offloading stocks worth 69.6 million rupees, while domestic investors were net buyers, purchasing shares worth 2.03 billion rupees. [...]

Oil turns negative as source says Iran-US peace talks likely
April 24, 2026 1:00
Oil turns negative as source says Iran-US peace talks likely

LONDON: Oil turned negative on Friday after a Pakistani government source said Iranian Foreign Minister Abbas Araqchi was expected to arrive in Islamabad on Friday night with a small team and peace talks with the U.S. were likely to take place. Earlier in the session, crude was up more than 2% on concerns of a renewed military escalation in the region after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz, and a lack of progress in re-opening the key waterway. However, speculation that diplomacy could resume prompted prices to pare gains, analysts said. By 1203 GMT, Brent crude futures were down 79 cents, or 0.8%, at $104.28, and U.S. West Texas Intermediate futures fell 95 cents or 1% to $94.90. “Whilst the fundamental backdrop remains supportive, traders are liquidating length ahead of an unusually unpredictable weekend and will readjust their positions Sunday night based on Iranian developments,” said Tamas Varga of oil broker PVM. Navigation through the strait, which before the war carried about a fifth of global oil output, remains effectively blocked. Iran’s capture of two cargo ships highlighted Washington’s difficulties in trying to control the passage. For the week, Brent is up 15% and WTI 13%, the second-largest weekly gains since the war began. On Wednesday, U.S. President Donald Trump said Iran may have loaded up its weaponry “a little bit” during a two-week ceasefire, but added that the U.S. military could eliminate it in a single day. On Wednesday, he said he would indefinitely extend the ceasefire to allow for further peace talks. Haitong Futures said in a report that if peace talks fail to make progress by the end of April and fighting resumes, oil prices could climb to new highs for the year. “There’s set to be fresh financial pain ahead as key shipments from the region remain blocked,” said Susannah Streeter, chief investment strategist at UK investment service Wealth Club. “That is set to keep costs elevated for a vast array of commodities.” [...]

Copper drifts lower as Iran-US standoff continues
April 24, 2026 12:54
Copper drifts lower as Iran-US standoff continues

LONDON: Copper prices edged down on Friday on worries about the continued closure of the Strait of Hormuz amid the lack of progress in peace talks between the U.S. and Iran. Benchmark three-month copper on the London Metal Exchange slipped 0.5% to $13,290 a metric ton in official open-outcry trading. Israel and Lebanon extended their ceasefire for three weeks, but President Donald Trump said he was in no rush to reach a peace agreement with Iran. “While the risk of escalation through military conflict is reduced for now, the severity of the disruption continues to grow every day,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen. LME copper, which hit a record high of $14,527.50 a ton on January 29, is caught between competing drivers: the threat of weaker economic activity pressuring demand against the threat of disruptions from shortages of sulphuric acid. Key resistance on the upside is at $13,525 a ton, which has seen repeated challenges turned back since early February, Hansen added. “With all these unknowns right now, that’s probably why we’ve been more or less trading sideways for the last two weeks,” he said. Also pressuring copper was news that the International Copper Study Group said on Thursday the global refined copper market is expected to flip into surplus in 2026. The most-active copper contract on the Shanghai Futures Exchange sank 0.7% to 102,460 yuan ($14,988.52) a ton, ending the week down 0.31%. Helping support the metal was a continued decline in SHFE inventories, which fell 16.3% over the past week and have more than halved since early March. LME nickel rose 0.1% in official activity to $18,750, having earlier hit its highest since January 29 at $18,850 on worries about supply. The International Nickel Study Group this week said the market was expected to swing to its first annual deficit since 2021. Elsewhere on the LME, aluminium dropped 0.6% to $3,598 a ton,zinc rose 0.6% to $3,473.50,lead added 0.3% to $1,961and tin gained 0.4% to $50,400. [...]

India's markets regulator proposes to tighten variable net worth norms for brokers
April 24, 2026 12:51
India's markets regulator proposes to tighten variable net worth norms for brokers

India’s markets regulator proposed revising the variable net worth requirements for stock brokers to better align capital requirements with operational risks and protect investor interests, according to a consultation paper released on Friday. The Securities and Exchange Board of India (SEBI) proposed that brokers maintain variable net worth based on both the average credit balance of client funds and the number of active clients. Here are the details: Variable net worth to include 10% of the average credit balance of clients over the previous six months. Additional net worth requirements of 5 million rupees ($53,051.81) for brokers with more than 10,000 direct active clients, with another 5 million rupees for every additional 50,000 clients. India regulator’s panel recommends NSE pay $193 million to settle cases, sources say Additional capital requirements for clients served through authorized persons rise in slabs from 0.5 million rupees to 5 million rupees as client numbers increase. Proposal follows introduction of an upstreaming framework requiring brokers to transfer client funds to clearing corporations instead of holding them, reducing balances earlier used to calculate variable net worth SEBI has invited public comments on the consultation paper until May 15. [...]

UAE stocks rise on robust corporate earnings
April 24, 2026 12:47
UAE stocks rise on robust corporate earnings

Stock markets in the United Arab Emirates closed higher on Friday, with Dubai leading regional gains after stronger-than-expected earnings from the country’s three largest lenders lifted banking shares and supported broader sentiment, even as investors remained cautious amid the Iran war. Dubai’s main index gained 0.7%, snapping two sessions’ losses with top lender Emirates NBD Bank increasing 2%, while state-run utility firm Dubai Electricity and Water Authority advanced. Emirates NBD said on Thursday its profit for the first quarter rose 3% to 6.4 billion dirhams ($1.74 billion). The Dubai index logged a 2.2% decline, its first weekly loss after five positive sessions, while Abu Dhabi recorded a 1.3% weekly fall, according to data compiled by LSEG. Abu Dhabi Commercial Bank recorded a 37% hike in first quarter net profit to 3.36 billion dirhams, while Q1 operating income jumped 18% year-on-year. The banking sector’s performance reinforced confidence in the underlying strength of the domestic economy, encouraging selective buying and providing broader support to UAE equities, said George Pavel, general manager at Naga.com Middle East. “However, sentiment could remain cautious amid persistent geopolitical risks in the region”. Oil prices - a catalyst for the Gulf’s financial market - declined on Friday after a Pakistani government source said Iranian Foreign Minister Abbas Araqchi was expected to arrive in Islamabad on Friday night with a small team and peace talks with the U.S. were likely to take place. Brent crude was down 0.9% at $104.16 a barrel by 1151 GMT. [...]

World Bank's IFC targets $10bn in annual investments in India by 2030
April 24, 2026 12:42
World Bank's IFC targets $10bn in annual investments in India by 2030

MUMBAI: The International Finance Corporation (IFC) plans to scale up its annual investments in India to $10 billion by 2030, eyeing bets in sectors such as renewable energy, urban infrastructure and financial services, a senior executive said. Annual investments in India by IFC, the private-sector arm of the World Bank Group, have risen to about $5.4 billion in 2024/2025 from about $1.3 billion in financial year 2021/2022, Imad Fakhoury, its South Asia regional director, told Reuters. “We very much remain committed to our path in India in spite of all the changes that might be happening, the uncertainties that might take place,” Fakhoury said in an interview on Thursday. “We’re very focused on staying the course because India is also staying the course.” India to fast-track Chinese investments in more sectors, says official India is IFC’s largest investment destination globally, with a portfolio of about $10.3 billion as of the financial year ended June 2025 across equity and debt investments. In recent years, IFC has backed companies in India across sectors from banking and housing finance to manufacturing and those linked to climate. These include investments in lenders such as Manappuram Finance, Federal Bank and PNB Housing Finance in the financial services sector as well TVS Emerald in real estate, and agribusiness platforms such as Leap Agri Silos. Equity investments make up more than a third of IFC’s India portfolio, Fakhoury said. In talks with states for municipal financing The world’s largest development finance institute is also in talks with Indian states and urban local bodies to invest in municipal bonds, Fakhoury said. India’s Bharti Airtel-owned Nxtra to raise $1 billion amid data center boom Municipal bonds are debt securities issued by local governments or municipalities to raise funds for public infrastructure projects such as roads and water supply. “We’ve signed multiple mandates in multiple states,” Fakhoury said, adding that IFC could act as an anchor investor to mobilise private funding, with an eye to creating pooled bonds for cities that may be more or less creditworthy. Such a pooled bond structure would allow cities to jointly raise funds and attract private investors. In September 2025, the DFI committed financing of $60 million for water and wastewater projects in the southern port city of Visakhapatnam, in its first such direct lending to an Indian city. “This is a replicable model that is going to move in the direction of expanding municipal commercial bonds in India, which are very much underdeveloped as a market,” Fakhoury added. [...]

Gold price per tola drops by Rs2,900 per tola in Pakistan
April 24, 2026 12:39
Gold price per tola drops by Rs2,900 per tola in Pakistan

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs490,862 after a decline of Rs2,900 during the day. Similarly, 10-gram gold was sold at Rs420,835 after it fell by Rs2,486, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs493,762 after a decline of Rs5,200 during the day. The international rate of gold declined by $29 to reach $4,685 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs142 to reach Rs7,957 per tola. [...]

High oil prices and weak IT forecasts drag Indian shares to weekly losses
April 24, 2026 12:28
High oil prices and weak IT forecasts drag Indian shares to weekly losses

Indian shares fell on Friday, posting weekly losses as Middle East tension-linked higher oil prices and a slump in IT stocks after weak forecasts from Infosys and HCLTech dented sentiment. The Nifty 50 fell 1.14% to 23,897.95, and the BSE Sensex shed 1.27% to 76,681.29. The benchmark indexes lost 1.9% and 2.3% respectively this week, after two weeks of gains. Iran displayed its grip over the Strait of Hormuz with a video of its commandos storming a cargo ship following the collapse of peace negotiations and U.S. President Donald Trump’s indefinite extension of the ceasefire. Brent crude hovered around $107 a barrel. “The rally in the last two weeks, driven by hopes of progress in U.S.-Iran talks, suggests some buying support, but sentiment will stay subdued and markets sluggish as long as crude remains above $100 a barrel,” said Aishvarya Dadheech, founder and chief investment officer at Fident Asset Management. Higher crude prices hurt India by stoking inflation, swelling the import bill, and weighing on growth and corporate earnings, factors HSBC and J.P.Morgan cited in downgrading Indian equities this week. Eleven of the 16 major sectors logged weekly losses. The broader small-caps were little-changed while mid-caps fell 0.9%. The IT index slid 5.3% on the day and 10.3% for the week. HCLTech and Infosys logged weekly losses of 16.6% and 12.4% on their weak fiscal 2027 revenue forecasts, due to macro uncertainty and subdued client spending. IT index constituents lost over $26 billion in market value this week. “Muted earnings and cautious commentary from IT companies are reinforcing concerns that AI-driven deflationary pressure on revenues could be significant,” said Dadheech. Buck­ing the broader weakness, consumer heavyweight Nestle India jumped 10.6% this week, after posting a sharp rise in quarterly profit on strong demand. Index heavyweight Reliance Industries fell 2.7% this week ahead of its quarterly results due after market close on Friday. [...]

India's Shriram Finance beats profit forecasts, crosses 3 trillion Indian rupees in AUM
April 24, 2026 12:18
India's Shriram Finance beats profit forecasts, crosses 3 trillion Indian rupees in AUM

BENGALURU: India’s Shriram Finance posted a bigger-than-expected fourth-quarter profit on Friday, bolstered by growth in lending for commercial and passenger vehicle  purchases. The non-bank lender’s profit rose 41% to 30.14 billion rupees ($319.7 million) in the quarter ended March 31, compared with 21.39 billion rupees a year earlier, beating an average analyst estimate of 27.82 billion rupees, as per data compiled by LSEG. Credit demand in India gained momentum in the second half of the fiscal year that ends in March, as easing inflation and lower taxes supported household spending as well as corporate borrowing. Analysts said Shriram’s dominant position in used commercial vehicle financing - which commands higher yield premiums compared to new vehicle loans - would be a key earnings driver, with assets under management (AUM) growth expected to accelerate over FY26-28. India’s Shriram Finance beats profit view on lending growth in small businesses, commercial vehicles Its loans for commercial vehicles rose 19.49%, while lending for passenger vehicles climbed about 19.05%. Together these account for almost two-thirds of its 3.02 trillion rupee assets under management, which grew around 15%. Net interest income - the difference between interest earned from lending activity and paid on borrowings - rose 15.58% to 69.94 billion rupees. The gross stage 3 ratio - which measures the ratio of loans overdue more than 90 days to total loans, before provisions - edged up slightly to 4.58% from 4.55% a year earlier, and 4.54% in the December quarter. The net interest margin rose to 8.61% from 8.25% in the same quarter a year earlier. Analysts said MUFG’s $4.4 billion capital infusion, which is expected to lower Shriram Finance’s cost of funds over the medium term, provides a structural tailwind to margins. The board approved the re-appointment of Parag Sharma as MD and CEO for five years. It also approved the appointment of Morihiko Fuji and Shinichi Fujinami, nominee directors of MUFG Bank. [...]

Urals crude prices at Russian ports slip below $100 per barrel
April 24, 2026 11:54
Urals crude prices at Russian ports slip below $100 per barrel

MOSCOW: Prices for Russia’s flagship Urals crude at its western ports slipped below $100 per barrel late last week, easing from 14-year highs but still at their strongest levels since mid-2022, traders’ data and Reuters calculations showed. Urals traded above $100 per barrel for most of April amid a global energy supply squeeze due to the Iran war. This week, however, the average Urals price on a FOB (free on board) basis at Primorsk and Novorossiisk fell to around $90 per barrel, tracking weaker Brent prices after a fragile ceasefire between the U.S. and Iran. The average Urals price from the start of the year to April 24 was $65 per barrel, compared with an average of $45 before the war broke out on February 28. US extends sanctions waiver on purchases of Russian oil The average Urals discount to dated Brent on a FOB basis in Russia’s western ports has narrowed to about $18 per barrel in April, from $22 in March and $24 in February, traders said. Prices for cargoes on a delivered basis (DES) in Indian ports rose by around $18 per barrel from end-March, swinging from a discount of about $10 to a premium of roughly $8 per barrel to Brent. Higher freight rates trimmed exporters’ margins, but elevated global crude prices amid tensions in the Gulf outweighed those costs. The Russian oil price in roubles used for tax calculations exceeded the level assumed in the federal budget by 46% in the first half of April, driven by the surge in global oil prices. Russia’s 2026 federal budget assumes an oil price of $59 per barrel. [...]

Rupee inches up against US dollar
April 24, 2026 3:36
Rupee inches up against US dollar

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279.40, 279.37, 279.36, 279.35, 279.32, 279.31, 279.30, 279.27, 279.26, 279.25, 279.22, 279.21, 279.20, 279.17, 279.16, 279.15, 279.12, 279.11, 279.10, 279.07, 279.06, 279.05, 279.02, 279.01, 279.00, 278.97, 278.96, 278.95, 278.92, 278.91, 278.90, 278.87, 278.86, 278.85 ], borderColor: 'black', borderWidth: 1, fill: 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 against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 278.85, a gain of Re0.01 against the greenback. On Thursday, the local unit closed at 278.86. Meanwhile, the State Bank of Pakistan (SBP) is scheduled to hold the third Monetary Policy Committee (MPC) meeting of 2026 on April 27 to review the key policy rate amid evolving macroeconomic and external conditions. Moreover, the ​dollar was on track for its first weekly gain in three weeks on Friday. The US dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was little changed at 98.82 ​and remained on track for a weekly gain of 0.58%. The euro was flat at $1.1683, while sterling edged down 0.02% to $1.3464. “Oil ⁠and the dollar are still moving pretty closely together, and with crude creeping back up … I’d say the dollar is still staying fairly firm,” said ​Sho Suzuki, a market analyst at Matsui Securities. On the other hand, oil prices rose on Friday due to fears of a renewed military escalation in the Middle East after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz and on reports that Tehran’s air defences had engaged “hostile targets.” Oil turned negative on Friday after a Pakistani government source said Iranian Foreign Minister Abbas Araqchi was expected to arrive in Islamabad on Friday night with a small team and peace talks with the U.S. were likely to take place. Earlier in the session, crude was up more than 2% on concerns of a renewed military escalation in the region after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz, and a lack of progress in re-opening the key waterway. However, speculation that diplomacy could resume prompted prices to pare gains, analysts said. By 1203 GMT, Brent crude futures were down 79 cents, or 0.8%, at $104.28, and US West Texas Intermediate futures fell 95 cents or 1% to $94.90. Inter-bank market rates for dollar on Friday BID Rs 278.85 OFFER Rs 279.05 Open-market movement In the open market, the PKR gained 4 paisa for buying and remained unchanged for selling against USD, closing at 279.35 and 280.17, respectively. Against Euro, the PKR gained 20 paise for buying and 12 paise for selling, closing at 326.02 and 329.21, respectively. Against UAE Dirham, the PKR remained unchanged for buying and lost 2 paise for selling, closing at 76.04 and 76.87, respectively. Against Saudi Riyal, the PKR lost 2 paise for both buying and selling, closing at 74.31 and 75.04, respectively. Open-market rates for dollar on Friday BID Rs 279.35 OFFER Rs 280.17 [...]

Russia's Lavrov, Pakistan's Dar discuss Gulf situation, Iran‑U.S. talks
April 24, 2026 3:22
Russia's Lavrov, Pakistan's Dar discuss Gulf situation, Iran‑U.S. talks

MOSCOW: Russian Foreign Minister Sergei Lavrov and his Pakistani counterpart Ishaq Dar discussed by phone on Friday bilateral cooperation and the situation in the Gulf. In a statement, Russia’s Foreign Ministry said Lavrov praised Islamabad’s mediating role in efforts to reach lasting agreements between Iran and the U.S. and confirmed Moscow’s readiness to support those efforts. Possible US-Iran talks: Islamabad stuck in ‘lockdown’ [...]

Netanyahu says he was successfully treated for prostate cancer
April 24, 2026 3:16
Netanyahu says he was successfully treated for prostate cancer

TEL AVIV: Israeli Prime Minister Benjamin Netanyahu said on Friday that he had received successful treatment for early-stage prostate cancer, without specifying when the treatment took place. In a statement on social media, as his annual medical report was released, Netanyahu, 76, said an early stage malignant tumor had been discovered during a routine checkup. He said “targeted treatment” had removed “the problem” and left no trace of it. According to the medical report, which otherwise said the prime minister was in good health, Netanyahu was treated with radiation therapy for early-stage prostate cancer. Neither the medical report nor Netanyahu said when the treatment occurred. Israel’s longest-serving prime minister said that he had delayed the release of the medical report by two months to prevent Iran from spreading “false propaganda against Israel”. Netanyahu hails ‘incredible’ rescue of US airman from Iran In March, during the fighting with Iran, rumors that circulated on social media and aired on Iranian state media claimed that Netanyahu had died. The Israeli leader recorded a video of himself visiting a Jerusalem cafe in March to refute the claims. Netanyahu underwent surgery on his prostate in 2024 after he was diagnosed with a urinary tract infection resulting from a benign prostate enlargement. In 2023, he was fitted with a pacemaker. Elections are due to be held in Israel by October. [...]

Somali pirates seize oil tanker near Somalia carrying 11 Pakistani crew members
April 24, 2026 2:51
Somali pirates seize oil tanker near Somalia carrying 11 Pakistani crew members

Pirates attacked and seized an oil tanker near the coast of Somalia, taking hostage a vessel carrying 11 Pakistani crew members, prompting Pakistani authorities to launch urgent rescue and diplomatic efforts. Federal Minister for Maritime Affairs Junaid Anwar Chaudhry took notice of the incident and sought an immediate report, directing all relevant institutions to make the rescue operation more effective. According to the Ministry of Maritime Affairs, all concerned departments are in constant coordination and closely monitoring the situation. READ MORE: Somali pirates’ return adds to crisis for global shipping companies The ministry has also requested the Ministry of Foreign Affairs to establish immediate diplomatic contact, while efforts are underway to engage with the Somali government for the safe recovery and release of the Pakistani crew. Officials said the government is pursuing all possible measures to ensure the safe return of the 11 crew members. [...]

India's Reliance seen posting quarterly profit fall on crude price surge
April 24, 2026 2:41
India's Reliance seen posting quarterly profit fall on crude price surge

Billionaire Mukesh Ambani-led Reliance Industries is set to report a decline in March-quarter profit on Friday, as the Middle East war-driven spike in crude prices weighed on its mainstay oil-to-chemicals business, analysts said. The company’s consolidated net profit is expected to fall 3.7% year-over-year in the fourth quarter, while revenue is seen rising 8.1%, according to the average estimate of six brokerages, as calculated by Reuters. Reliance Industries, which operates the world’s largest refining complex in western India and derives nearly half its revenue from the segment, faces pressure as Brent crude has surged more than 40% since late February amid the U.S.-Israeli war with Iran and disruptions to flows through the Strait of Hormuz. “Refiner (including Reliance) earnings should in theory benefit from higher cracks, but high crude premiums and operating costs could be a material, uncertain drag,” analysts at JP Morgan said. Jefferies said the operating profit in the oil-to-chemicals segment is likely to be hit by the scarcity premium on crude, higher freight costs and increased production of loss-making liquefied petroleum gas. Indian court extends detention of aviation official, Reliance exec in bribery case The company’s shares have fallen about 8% since it reported its third-quarter earnings on January 16, underperforming the benchmark Nifty 50, which is down 5.8% over the same period. Retail to slow while telecom holds firm Brokerages expect slower growth in the Indian oil-to-telecom conglomerate’s retail segment amid intensifying competition, while its telecom business likely performed better on continued subscriber growth. Jefferies expects Reliance’s retail business to have grown at 8% in the March quarter, which would mark a second consecutive quarter of sub-10% growth. Analysts expect the telecom business to sustain strong subscriber additions and upgrades to higher-priced plans. Centrum forecasts Reliance Jio to have added 5 million users to reach 520 million in the March quarter, while average revenue per user likely firmed marginally from the previous quarter to 216 rupees. With the earnings announcement, investors will also watch for Reliance Jio Platforms’ IPO cues, after Reuters reported the company held talks with 13 marquee foreign investors to each sell 8% of their stake in a planned Mumbai listing. [...]

India's central bank cancels Paytm Payments Bank licence
April 24, 2026 2:36
India's central bank cancels Paytm Payments Bank licence

India’s central bank said on Friday it has cancelled the banking licence issued to Paytm Payments Bank Limited, more than two years after the regulator imposed business curbs over violations, including lapses in customer due diligence. Backed by One 97 Communications, which once counted China’s Ant Group and Japan’s SoftBank as investors, Paytm had obtained a limited banking license in August 2015 that allowed it to take small deposits but not give out loans. In January 2024, the Reserve bank of India had ordered the bank to stop accepting fresh deposits due to, what it said at the time, non-compliance with rules, including on customer due diligence, use of funds and technology infrastructure. The RBI said on Friday it would make an application for winding up of the bank before the high court. While the bank remains operational, its activities are severely limited to processing withdrawals of existing deposits and facilitating loan referrals through banking correspondents, according to its website. It cannot take fresh deposits. [...]

DIB Pakistan, Pocket Money unlock seamless USD inflows for home remittances, freelancers
April 24, 2026 2:34
DIB Pakistan, Pocket Money unlock seamless USD inflows for home remittances, freelancers

DIB Pakistan and Pocket Money have entered a strategic partnership to enable seamless US Dollar-to-Rupee cashouts across Pakistan, bringing a new level of speed, compliance, and convenience to both cross-border home remittances, and international transactions for freelancers. This partnership marks a significant milestone in Pakistan’s digital financial landscape, by combining DIB Pakistan’s growing presence and ethical finance with Pocket Money’s user-focused platform. The two companies aim to set a new standard for compliant, accessible cross-border payments. This initiative will bring more of Pakistan’s growing freelance and remote workforce into the formal economy. Muhammad Ali Gulfaraz, CEO, DIB Pakistan, stated “DIB is committed to enabling innovative, secure, and ethical financial solutions that meet the evolving needs of our customers. Our partnership with Pocket Money represents a meaningful step forward for Pakistan’s digital payments ecosystem, providing a seamless, regulated pathway for US Dollar inflows to reach individuals in Rupees. We believe this will empower freelancers, remote workers, and families across the country with faster, more reliable access to their earnings, while strengthening the formal economy.” Moe Jangda, CEO, Pocket Money commenting on the occasion, stated, “With DIB Pakistan’s regulated infrastructure, Pocket Money users can now process their US Dollar earnings on a secure and trusted platform. This partnership delivers a defining capability for our users, backed by a name they already know and trust.” The collaboration is underpinned by formal regulatory approval: following DIB’s application to the State Bank of Pakistan, the specific use case was sanctioned, establishing a fully compliant and regulated framework for the service. About DIB Pakistan DIB Pakistan Ltd is a regulated financial institution offering a range of banking and payment solutions in Pakistan, with a focus on innovation, compliance, and customer-centric service. About Pocket Money Pocket Money is a digital financial platform offering US Dollar Accounts and cross-border payment solutions to users in Pakistan, enabling seamless receipt and conversion of international funds. [...]

Pentagon chief Hegseth says US blockade on Iran 'going global'
April 24, 2026 2:33
Pentagon chief Hegseth says US blockade on Iran 'going global'

WASHINGTON: U.S. Defense Secretary Pete Hegseth said on Friday that a U.S. blockade on Iran is going global, adding Tehran had a chance to make a “good deal” with Washington. “Our blockade is growing and going global,” Hegseth told reporters. “No one sails from the Strait of Hormuz to anywhere in the world without the permission of the United States Navy,” he said. Peace talks between Iran and the United States could resume soon in Pakistan, three Pakistani sources told Reuters on Friday, after the last round of talks expected earlier this week fell through. Standing next to top U.S. General Dan Caine, Hegseth said the U.S. was “not anxious” for a deal with Iran, and repeated Trump’s previous comments of having “all the time in the world.” “Iran knows that they still have an open window to choose wisely … at the negotiating table. All they have to do is abandon a nuclear weapon in meaningful and verifiable ways,” he said. Caine said the U.S. Central Command continues to maintain a strict blockade on all ports in Iran. Thirty-four ships had been turned around as of Friday morning, he said. The U.S. military would continue to interdict Iranian vessels in the Pacific and Indian oceans, Caine added. “We’re enforcing the blockade across the board against any ship of any nationality that is transiting to or from an Iranian port or territory,” Caine said. “We’re closely tracking vessels of interest headed towards Iran and those moving away from Iran that were outside the blockade area when this blockade was ordered and … we’re prepared and postured to intercept them,” he said. The U.S. naval blockade on Iran began on April 13. Hegseth also warned that any attempts by Iran to lay mines in the Strait of Hormuz would be a violation of the ceasefire. “Transit (of the Strait of Hormuz) is occurring, much more limited than anybody would like to see and with more risk than people would like to see, but that’s because Iran is doing irresponsible things with small, fast boats … with weapons on them,” Hegseth said. [...]

UEFA ban Benfica's Prestianni for six games for discriminatory conduct
April 24, 2026 2:17
UEFA ban Benfica's Prestianni for six games for discriminatory conduct

BARCELONA: UEFA banned Benfica winger Gianluca Prestianni for six matches on Friday after a controversial incident in their Champions League clash against Real Madrid in February. The European football governing body said that they had taken the decision to ban the Argentine “for discriminatory (i.e. homophobic) conduct”, with three of those matches suspended for a two-year probationary period. UEFA said that Prestianni, 20, had already served one of those matches in the second leg of the Champions League play-off against Madrid. The winger was provisionally banned for that game after Madrid star Vinicius Junior accused him of racism when they clashed in the first leg on February 17, which Prestianni denied. As the two argued, Prestianni spoke to Vinicius while covering his mouth, with the Brazilian subsequently complaining to the referee, leading to the match being suspended for 10 minutes. Real’s Aurelien Tchouameni said after the game that Prestianni had told him that he had not racially abused Vinicius but instead called him a homophobic slur. UEFA said that they were asking world football governing body FIFA “to extend worldwide the above-mentioned suspension”. [...]

In call with Iranian FM, DPM Dar underscores need for sustained dialogue
April 24, 2026 1:24
In call with Iranian FM, DPM Dar underscores need for sustained dialogue

Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Friday underscored the importance of sustained dialogue and engagement to address outstanding issues, in order to advance regional peace and stability at the earliest, the Foreign Office said. FM Dar said this in a telephonic conversation with Foreign Minister of Iran Abbas Araghchi as the former received a call from the latter. Both sides exchanged views on regional developments, the ceasefire, and ongoing diplomatic efforts being pursued by Islamabad in the context of US-Iran engagement. FM Araghchi appreciated Pakistan’s consistent and constructive facilitation role in this regard, and both leaders agreed to remain in close contact. As per an Iranian government’s X account, Iran’s FM also held a separate phone call with Chief of Defence Forces Field Marshal Asim Munir and discussed regional developments and ceasefire-related issues. The post has been retweeted by FM Dar as well. READ MORE: US-Iran talks could be held in next three days: Trump The development takes place as Pakistan’s capital, for nearly a week, has been waiting for peace talks between the US and ​Iran to take place there, and although there is no sign the two sides will meet, large parts of the city ‌remain sealed off by authorities. Key roads leading into Islamabad are shut down and a strict security cordon envelops the administrative centre, the so-called “Red Zone”. In the adjacent “Blue Area”, cafes have run out of fruit, markets are deserted, and with no service at bus terminals, weekend commuters are struggling to get home. Government officials say the measures are not ending any time soon and that ​they are ever ready for delegates, including US President Donald Trump, to show up at a moment’s notice. “We have been told that the ​talks could be held any day,” one official said. The current lockdown is the second in two weeks. Islamabad was first sealed ⁠off for talks between the US and Iranian delegations on April 11, which ended without a deal. The city briefly reopened, then locked down again as Pakistan waits to ​host a second round that has yet to materialise. Meanwhile, DPM Dar chaired a meeting with Foreign Secretary Amna Baloch and senior officials of the Ministry of Foreign Affairs to review evolving regional and global dynamics. Emphasising the importance of dialogue in addressing regional challenges, the DPM directed proactive and sustained engagement on all priority issues. Separately, DPM Dar also held a telephonic conversation with Foreign Minister of Russia Sergey Lavrov today. The two leaders discussed bilateral relations and cooperation at multilateral fora in support of international peace and security. Engagement focused on dialogue, diplomacy and regional stability. FM Lavrov appreciated Pakistan’s constructive role in facilitating dialogue between Iran and the United States. FM Dar underscored Pakistan’s resolve to continue contributing to efforts aimed at promoting dialogue and diplomacy to resolve all issues. Reiterating the importance of maintaining regular high-level engagements, they discussed rescheduling of the visit of Prime Minister Shehbaz Sharif to Russia at an early mutually convenient date. DPM/FM also extended an invitation to FM Lavrov to visit Pakistan. Both sides agreed to remain in touch. [...]

Sri Lanka shares end flat, log weekly loss
April 24, 2026 1:03
Sri Lanka shares end flat, log weekly loss

Sri Lankan shares closed unchanged on Friday and ended the week in the red, as gains in consumer staples and materials stocks were offset by healthcare losses. The CSE All Share index settled flat at 22,567.63. Industrial Asphalts (Ceylon) and Serendib Land PLC were the top percentage gainers on the CSE All Share index, rising 25% and 16.7%, respectively. Trading volume on the CSE All Share index fell to 120.3 million shares from 126 million in the previous session, according to exchange data. The equity market’s turnover fell to 2.07 billion Sri Lankan rupees ($6.51 million) from 2.83 billion rupees in the previous session. Foreign investors were net sellers, offloading stocks worth 69.6 million rupees, while domestic investors were net buyers, purchasing shares worth 2.03 billion rupees. [...]

Copper drifts lower as Iran-US standoff continues
April 24, 2026 12:54
Copper drifts lower as Iran-US standoff continues

LONDON: Copper prices edged down on Friday on worries about the continued closure of the Strait of Hormuz amid the lack of progress in peace talks between the U.S. and Iran. Benchmark three-month copper on the London Metal Exchange slipped 0.5% to $13,290 a metric ton in official open-outcry trading. Israel and Lebanon extended their ceasefire for three weeks, but President Donald Trump said he was in no rush to reach a peace agreement with Iran. “While the risk of escalation through military conflict is reduced for now, the severity of the disruption continues to grow every day,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen. LME copper, which hit a record high of $14,527.50 a ton on January 29, is caught between competing drivers: the threat of weaker economic activity pressuring demand against the threat of disruptions from shortages of sulphuric acid. Key resistance on the upside is at $13,525 a ton, which has seen repeated challenges turned back since early February, Hansen added. “With all these unknowns right now, that’s probably why we’ve been more or less trading sideways for the last two weeks,” he said. Also pressuring copper was news that the International Copper Study Group said on Thursday the global refined copper market is expected to flip into surplus in 2026. The most-active copper contract on the Shanghai Futures Exchange sank 0.7% to 102,460 yuan ($14,988.52) a ton, ending the week down 0.31%. Helping support the metal was a continued decline in SHFE inventories, which fell 16.3% over the past week and have more than halved since early March. LME nickel rose 0.1% in official activity to $18,750, having earlier hit its highest since January 29 at $18,850 on worries about supply. The International Nickel Study Group this week said the market was expected to swing to its first annual deficit since 2021. Elsewhere on the LME, aluminium dropped 0.6% to $3,598 a ton,zinc rose 0.6% to $3,473.50,lead added 0.3% to $1,961and tin gained 0.4% to $50,400. [...]

India's markets regulator proposes to tighten variable net worth norms for brokers
April 24, 2026 12:51
India's markets regulator proposes to tighten variable net worth norms for brokers

India’s markets regulator proposed revising the variable net worth requirements for stock brokers to better align capital requirements with operational risks and protect investor interests, according to a consultation paper released on Friday. The Securities and Exchange Board of India (SEBI) proposed that brokers maintain variable net worth based on both the average credit balance of client funds and the number of active clients. Here are the details: Variable net worth to include 10% of the average credit balance of clients over the previous six months. Additional net worth requirements of 5 million rupees ($53,051.81) for brokers with more than 10,000 direct active clients, with another 5 million rupees for every additional 50,000 clients. India regulator’s panel recommends NSE pay $193 million to settle cases, sources say Additional capital requirements for clients served through authorized persons rise in slabs from 0.5 million rupees to 5 million rupees as client numbers increase. Proposal follows introduction of an upstreaming framework requiring brokers to transfer client funds to clearing corporations instead of holding them, reducing balances earlier used to calculate variable net worth SEBI has invited public comments on the consultation paper until May 15. [...]

UAE stocks rise on robust corporate earnings
April 24, 2026 12:47
UAE stocks rise on robust corporate earnings

Stock markets in the United Arab Emirates closed higher on Friday, with Dubai leading regional gains after stronger-than-expected earnings from the country’s three largest lenders lifted banking shares and supported broader sentiment, even as investors remained cautious amid the Iran war. Dubai’s main index gained 0.7%, snapping two sessions’ losses with top lender Emirates NBD Bank increasing 2%, while state-run utility firm Dubai Electricity and Water Authority advanced. Emirates NBD said on Thursday its profit for the first quarter rose 3% to 6.4 billion dirhams ($1.74 billion). The Dubai index logged a 2.2% decline, its first weekly loss after five positive sessions, while Abu Dhabi recorded a 1.3% weekly fall, according to data compiled by LSEG. Abu Dhabi Commercial Bank recorded a 37% hike in first quarter net profit to 3.36 billion dirhams, while Q1 operating income jumped 18% year-on-year. The banking sector’s performance reinforced confidence in the underlying strength of the domestic economy, encouraging selective buying and providing broader support to UAE equities, said George Pavel, general manager at Naga.com Middle East. “However, sentiment could remain cautious amid persistent geopolitical risks in the region”. Oil prices - a catalyst for the Gulf’s financial market - declined on Friday after a Pakistani government source said Iranian Foreign Minister Abbas Araqchi was expected to arrive in Islamabad on Friday night with a small team and peace talks with the U.S. were likely to take place. Brent crude was down 0.9% at $104.16 a barrel by 1151 GMT. [...]

World Bank's IFC targets $10bn in annual investments in India by 2030
April 24, 2026 12:42
World Bank's IFC targets $10bn in annual investments in India by 2030

MUMBAI: The International Finance Corporation (IFC) plans to scale up its annual investments in India to $10 billion by 2030, eyeing bets in sectors such as renewable energy, urban infrastructure and financial services, a senior executive said. Annual investments in India by IFC, the private-sector arm of the World Bank Group, have risen to about $5.4 billion in 2024/2025 from about $1.3 billion in financial year 2021/2022, Imad Fakhoury, its South Asia regional director, told Reuters. “We very much remain committed to our path in India in spite of all the changes that might be happening, the uncertainties that might take place,” Fakhoury said in an interview on Thursday. “We’re very focused on staying the course because India is also staying the course.” India to fast-track Chinese investments in more sectors, says official India is IFC’s largest investment destination globally, with a portfolio of about $10.3 billion as of the financial year ended June 2025 across equity and debt investments. In recent years, IFC has backed companies in India across sectors from banking and housing finance to manufacturing and those linked to climate. These include investments in lenders such as Manappuram Finance, Federal Bank and PNB Housing Finance in the financial services sector as well TVS Emerald in real estate, and agribusiness platforms such as Leap Agri Silos. Equity investments make up more than a third of IFC’s India portfolio, Fakhoury said. In talks with states for municipal financing The world’s largest development finance institute is also in talks with Indian states and urban local bodies to invest in municipal bonds, Fakhoury said. India’s Bharti Airtel-owned Nxtra to raise $1 billion amid data center boom Municipal bonds are debt securities issued by local governments or municipalities to raise funds for public infrastructure projects such as roads and water supply. “We’ve signed multiple mandates in multiple states,” Fakhoury said, adding that IFC could act as an anchor investor to mobilise private funding, with an eye to creating pooled bonds for cities that may be more or less creditworthy. Such a pooled bond structure would allow cities to jointly raise funds and attract private investors. In September 2025, the DFI committed financing of $60 million for water and wastewater projects in the southern port city of Visakhapatnam, in its first such direct lending to an Indian city. “This is a replicable model that is going to move in the direction of expanding municipal commercial bonds in India, which are very much underdeveloped as a market,” Fakhoury added. [...]

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آزاد کشمیر: سیاحوں کی گاڑی دریائے نیلم میں گرگئی، خاتون جاں بحق، 5 زخمی
April 24, 2026 2:04
آزاد کشمیر: سیاحوں کی گاڑی دریائے نیلم میں گرگئی، خاتون جاں بحق، 5 زخمی

فائل فوٹو آزاد کشمیر کی وادی نیلم میں تاؤبٹ سے کیل آنے والی سیاحوں کی گاڑی دریائے نیلم میں گرگئی۔ریسکیو حکام کے مطابق حادثے میں... [...]

پاکستان کو ایل این جی کے 3 کارگوز کیلئے بولیاں موصول
April 24, 2026 2:04
پاکستان کو ایل این جی کے 3 کارگوز کیلئے بولیاں موصول

پاکستان کو لیکویفائیڈ نیچرل گیس کے 3 کارگوز کےلیے بولیاں موصول ہوگئیں۔پاکستان ایل این جی لمیٹڈ کے مطابق خریداری کی حتمی منظوری... [...]

سرگئی لاروف کی ایران، امریکا مذاکرات میں پاکستان کے کردار کی تعریف
April 24, 2026 1:04
سرگئی لاروف کی ایران، امریکا مذاکرات میں پاکستان کے کردار کی تعریف

روسی وزیر خارجہ سرگئی لاروف نے ایران اور امریکا کے مذاکرات میں پاکستان کے کردار کی تعریف کی ہے۔ترجمان دفتر خارجہ کے مطابق وزیر خارجہ... [...]

پاکستان کو امن اور مذاکرات کے کردار پر عالمی پذیرائی ملی ہے، سہیل آفریدی
April 24, 2026 1:04
پاکستان کو امن اور مذاکرات کے کردار پر عالمی پذیرائی ملی ہے، سہیل آفریدی

سہیل آفریدی۔وزیراعلیٰ خیبر پختونخوا سہیل آفریدی نے کہا کہ پاکستان کو امن اور مذاکرات کے کردار پر عالمی پذیرائی ملی ہے۔ پشاور میں... [...]

امریکی وفد کا آج اسلام آباد کیلئے روانہ ہونے کا امکان
April 24, 2026 11:04
امریکی وفد کا آج اسلام آباد کیلئے روانہ ہونے کا امکان

فائل فوٹوامریکی وفد کا آج واشنگٹن سے اسلام آباد کےلیے روانہ ہونے کا امکان ہے۔ذرائع کے مطابق امریکا کی لاجسٹک اور سیکیورٹی ٹیم... [...]

ایرانی وزیر خارجہ کی مختصر ٹیم کے ساتھ آج رات اسلام آباد آمد متوقع، حکومتی ذرائع
April 24, 2026 11:04
ایرانی وزیر خارجہ کی مختصر ٹیم کے ساتھ آج رات اسلام آباد آمد متوقع، حکومتی ذرائع

فوٹو: اے ایف پی ایرانی وزیر خارجہ عباس عراقچی  کی مختصر ٹیم کے ساتھ آج رات اسلام آباد آمد متوقع ہے۔حکومتی ذرائع کے مطابق پاکستانی... [...]

اعجاز چوہدری کی جیل میں طبیعت خراب، اسپتال منتقل
April 24, 2026 11:04
اعجاز چوہدری کی جیل میں طبیعت خراب، اسپتال منتقل

فائل فوٹوکوٹ لکھپت جیل لاہور میں قید تحریک انصاف کے سابق سینیٹر اعجاز چوہدری کی طبیعت خراب ہوگئی۔وکیل رانا مدثر عمر نے اعجاز چوہدری... [...]

ایس ای سی پی نے اینٹی منی لانڈرنگ ریگولیشنز میں ترامیم تجویز کر دیں
April 24, 2026 11:04
ایس ای سی پی نے اینٹی منی لانڈرنگ ریگولیشنز میں ترامیم تجویز کر دیں

سیکیوریٹیز اینڈ ایکسچینج کمیشن آف پاکستان نے اینٹی منی لانڈرنگ ریگولیشنز میں ترامیم تجویز کر دیں۔ اسلام آباد سے ایس ای سی پی کے... [...]

راولپنڈی: 3 اسٹریٹ کریمنلز مبینہ پولیس مقابلے میں ہلاک
April 24, 2026 10:04
راولپنڈی: 3 اسٹریٹ کریمنلز مبینہ پولیس مقابلے میں ہلاک

— فائل فوٹو راولپنڈی میں اسٹریٹ کرائم میں ملوث 3 ملزمان مبینہ پولیس مقابلے میں ہلاک ہو گئے۔پولیس کے مطابق ملزمان نے اڈیالہ روڈ پر... [...]

خیبر پختونخوا میں پہلی بار خواجہ سراء جیل وارڈن بھرتی
April 24, 2026 9:04
خیبر پختونخوا میں پہلی بار خواجہ سراء جیل وارڈن بھرتی

—تصویر بشکریہ سوشل میڈیاخیبر پختونخوا میں پہلی بار خواجہ سراء کو جیل وارڈن بھرتی کر لیا گیا۔سپرنٹنڈنٹ جیل کے مطابق 2 خواجہ سراء... [...]

بغیر وجہ تبادلہ جج کو سزا دینے کے مترادف ہو گا: چیف جسٹس پاکستان کا چیف جسٹس اسلام آباد ہائیکورٹ کو جواب
April 24, 2026 8:04
بغیر وجہ تبادلہ جج کو سزا دینے کے مترادف ہو گا: چیف جسٹس پاکستان کا چیف جسٹس اسلام آباد ہائیکورٹ کو جواب

---فائل فوٹوزاسلام آباد میں ججز کے تبادلے کے معاملے پر چیف جسٹس پاکستان یحییٰ آفریدی نے چیف جسٹس اسلام آباد ہائی کورٹ سرفراز ڈوگر کو... [...]

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April 24, 2026 8:04
لاہور: 3 بچوں کو قتل کرنیوالی ماں 5 روزہ جسمانی ریمانڈ پر پولیس کے حوالے

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پشین: 3 افراد کے قتل کا مرکزی ملزم فرار، 1 ساتھی ہلاک
April 24, 2026 8:04
پشین: 3 افراد کے قتل کا مرکزی ملزم فرار، 1 ساتھی ہلاک

---فائل فوٹوپشین کے نواحی علاقے یارو میں 3 افراد کے قتل کیس میں اہم پیش رفت ہوئی ہے۔کوئٹہ میں ایس ایس پی کرائم برانچ عطاء اللّٰہ شاہ نے... [...]

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April 24, 2026 8:04
ایرانی وزیرِ خارجہ کا فیلڈ مارشل سید عاصم منیر اور اسحاق ڈار سے رابطہ

ایران کے وزیرِ خارجہ عباس عراقچی نے پاکستانی قیادت سے ٹیلیفونک گفتگو کی ہے جس میں خطے کی صورتِ حال اور جنگ بندی سے متعلق امور... [...]

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April 24, 2026 7:04
گھوٹکی: کتا مارتے ہوئے مبینہ گولی لگنے سے نوجوان جاں بحق

— فائل فوٹوگھوٹکی میں مبینہ طور پر کتا مارنے کے دوران گولی لگنے سے نوجوان جاں بحق ہو گیا۔پولیس کے مطابق کتا مارنے کے لیے گولی چلانے... [...]

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April 24, 2026 2:04
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لبنان میں گزشتہ ماہ زخمی ہونے والا اقوام متحدہ امن مشن کا انڈونیشی نژاد رکن دم توڑ گیا۔ اس طرح لبنان جنگ میں ہلاک ہونے والے یو این مشن... [...]

اسلام آباد، مسقط اور ماسکو کے بروقت دورے کا آغاز کر رہا ہوں، عباس عراقچی
April 24, 2026 2:04
اسلام آباد، مسقط اور ماسکو کے بروقت دورے کا آغاز کر رہا ہوں، عباس عراقچی

ایرانی وزیر خارجہ عباس عراقچی : فوٹو ایرانی میڈیا ایرانی وزیر خارجہ عباس عراقچی کا کہنا ہے کہ اسلام آباد، مسقط اور ماسکو کے بروقت... [...]

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April 24, 2026 2:04
جنگ کے بعد ایران امارات اعتماد کی بحالی میں سالوں لگ سکتے ہیں، انور قرقاش

تصویر بشکریہ: عرب نیوز پاکستان۔متحدہ عرب امارات کے صدر کے مشیر انور قرقاش نے کہا ہے کہ ایران اور امارات میں جنگ کے بعد اعتماد کی بحالی... [...]

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April 24, 2026 1:04
روس پر یوکرین جنگ کے خاتمے کیلئے دباؤ جاری رکھیں گے، جرمن چانسلر

فریڈرک مارز۔جرمن چانسلر فریڈرک مارز نے کہا ہے کہ روس پر یوکرین میں جنگ کے خاتمے کیلئے دباؤ بڑھانا جاری رکھیں گے۔ اپنے بیان میں جرمن... [...]

اسرائیلی وزیراعظم کا کینسر کی تشخیص کے بعد علاج
April 24, 2026 12:04
اسرائیلی وزیراعظم کا کینسر کی تشخیص کے بعد علاج

اسرائیلی وزیراعظم نیتن ہاہو : فوٹو اسرائیلی میڈیا اسرائیلی وزیراعظم نیتن ہاہو کا کینسر کی تشخیص کے بعد علاج کیا گیا، انہیں ابتدائی... [...]

ایرانی رہنما کیا سوچتے ہیں، کیا کرتے ہیں، کہاں جاتے ہیں ہمیں سب معلوم ہے،جنرل ڈین کین
April 24, 2026 12:04
ایرانی رہنما کیا سوچتے ہیں، کیا کرتے ہیں، کہاں جاتے ہیں ہمیں سب معلوم ہے،جنرل ڈین کین

اسکرین گریب/ یوٹیوب امریکی چیئرمین جوائنٹ چیفس آف اسٹاف جنرل ڈین کین کا کہنا ہے کہ ایرانی رہنماؤں کے بارے میں جانتے ہیں کہ ان کی... [...]

سوئٹزرلینڈ کا ایران میں اپنا سفارت خانہ دوبارہ کھولنے کا اعلان
April 24, 2026 11:04
سوئٹزرلینڈ کا ایران میں اپنا سفارت خانہ دوبارہ کھولنے کا اعلان

تہران میں سوئس سفارتخانے کی عمارت۔سوئٹزرلینڈ نے ایران میں اپنا سفارت خانہ دوبارہ کھولنے کا اعلان کر دیا۔ دارالحکومت برن سے سوئس... [...]

امریکی صدر ڈونلڈ ٹرمپ ایک بار پھر ایران سے متعلق سوالات پر برہم ہو گئے
April 24, 2026 11:04
امریکی صدر ڈونلڈ ٹرمپ ایک بار پھر ایران سے متعلق سوالات پر برہم ہو گئے

امریکی صدر ڈونلڈ ٹرمپ : فوٹو اے ایف پی امریکی صدر ڈونلڈ ٹرمپ ایک بار پھر  ایران جنگ کے دورانیے سے متعلق صحافیوں کے سوالات پر برہم ہو... [...]

تہران کے امام خمینی ایئرپورٹ پر غیر ملکی پروازیں کل سے بحال ہونگی
April 24, 2026 11:04
تہران کے امام خمینی ایئرپورٹ پر غیر ملکی پروازیں کل سے بحال ہونگی

فوٹو: ایرانی میڈیا ایرانی خبر ایجنسی کا کہنا ہے کہ تہران کے امام خمینی ایئرپورٹ پر کل سے غیر ملکی پروازیں بحال کر دی جائیں گی، کل... [...]

امریکی صدر ڈونلڈ ٹرمپ کے ’جہنم کے گڑھے‘ والے بیان پر بھارت کا سخت ردِعمل
April 24, 2026 10:04
امریکی صدر ڈونلڈ ٹرمپ کے ’جہنم کے گڑھے‘ والے بیان پر بھارت کا سخت ردِعمل

امریکی صدر ٹرمپ---فائل فوٹوبھارت نے امریکی صدر ڈونلڈ ٹرمپ کی جانب سے ملک کو ’جہنم کا گڑھا‘ قرار دیے جانے والے بیان پر شدید ردِعمل کا... [...]

برطانیہ کی جامعات پر خفیہ ادارے کو لاکھوں پاؤنڈز دے کر طلبہ کی نگرانی کروانے کا انکشاف
April 24, 2026 10:04
برطانیہ کی جامعات پر خفیہ ادارے کو لاکھوں پاؤنڈز دے کر طلبہ کی نگرانی کروانے کا انکشاف

 ---فوٹو بشکریہ بین الاقوامی میڈیا برطانیہ کی 12 معروف جامعات کی جانب سے ایک نجی سیکیورٹی کمپنی کو طلبہ اور اساتذہ، خصوصاً فلسطین کے... [...]

مواخذے کے مطالبات کا سامنا کرنیوالے ٹرمپ کے پاس ایران کو لیکچر دینے کا کوئی جواز نہیں: ابراہیم عزیزی
April 24, 2026 10:04
مواخذے کے مطالبات کا سامنا کرنیوالے ٹرمپ کے پاس ایران کو لیکچر دینے کا کوئی جواز نہیں: ابراہیم عزیزی

ابراہیم عزیزی---فائل فوٹوایرانی نیشنل سیکیورٹی کمیٹی کے سربراہ ابراہیم عزیزی نے امریکی صدر ٹرمپ پر سخت تنقید کرتے ہوئے کہا ہے کہ... [...]

حزب اللّٰہ کو غیر مسلح کرنے کیلئے تیار ہیں: لبنانی وزیرِ اطلاعات
April 24, 2026 9:04
حزب اللّٰہ کو غیر مسلح کرنے کیلئے تیار ہیں: لبنانی وزیرِ اطلاعات

  لبنان کے وزیرِ اطلاعات پال مورکوس—فائل فوٹولبنان کے وزیرِ اطلاعات پال مورکوس نے کہا ہے کہ تین ہفتوں کی جنگ بندی میں توسیع لبنانی... [...]

اطالوی وزیر نے ورلڈ کپ 2026ء میں ایران کی جگہ اٹلی کو شامل کرنے کی تجویز ’شرمناک‘ قرار دیدی
April 24, 2026 9:04
اطالوی وزیر نے ورلڈ کپ 2026ء میں ایران کی جگہ اٹلی کو شامل کرنے کی تجویز ’شرمناک‘ قرار دیدی

— فائل فوٹو اٹلی کے وزیرِ اقتصادیات جان کارلو جیو جیتی نے ورلڈ کپ 2026ء میں ایران کی جگہ اٹلی کو شامل کرنے کی تجویز کو ’شرمناک‘ قرار... [...]

’10 اے بم‘ کبھی مذاکرات کا حصہ نہیں رہے: ایران
April 24, 2026 9:04
’10 اے بم‘ کبھی مذاکرات کا حصہ نہیں رہے: ایران

ایرانی وزارتِ خارجہ کے ترجمان اسماعیل بقائی— فائل فوٹوایران نے مذاکرات میں ’10 اے بم‘ بنانے سے متعلق بات چیت کے دعوؤں کو من گھڑت... [...]

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April 24, 2026 1:04
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ملک میں سونے کی قیمت میں مسلسل پانچویں روز کمی ہوگئی۔ آل صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق 2900 روپے کمی کے بعد ایک تولہ... [...]

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April 24, 2026 12:04
پی ایس ایکس 100 انڈیکس میں 1498 پوائنٹس کا اضافہ

پاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے آخری روز 100 انڈیکس 1498 پوائنٹس اضافے سے 170,672 پر بند ہوا۔آج مسلسل پانچویں روز ایک ارب سے... [...]

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April 24, 2026 11:04
ایس ای سی پی نے اینٹی منی لانڈرنگ ریگولیشنز میں ترامیم تجویز کر دیں

سیکیوریٹیز اینڈ ایکسچینج کمیشن آف پاکستان نے اینٹی منی لانڈرنگ ریگولیشنز میں ترامیم تجویز کر دیں۔ اسلام آباد سے ایس ای سی پی کے... [...]

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April 24, 2026 9:04
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April 24, 2026 8:04
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— فائل فوٹو وفاقی ادارۂ شماریات نے مہنگائی سے متعلق ہفتہ وار رپورٹ جاری کر دی۔ہفتہ وار بنیادوں پر مہنگائی میں 0.33 فیصد کی کمی ہوئی... [...]

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April 24, 2026 7:04
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---فائل فوٹونیشنل الیکٹرک پاور ریگولیٹری اتھارٹی کے ذرائع کے مطابق آف گرڈ سولر صارفین کے لیے کسی قسم کے لائسنس کی ضرورت نہیں ہے،... [...]

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April 24, 2026 4:04
پاکستان نے متحدہ عرب امارات کو مزید 1 ارب ڈالرز واپس کر دیے: اسٹیٹ بینک

— فائل فوٹوپاکستان نے متحدہ عرب امارات کو گزشتہ روز مزید 1 ارب ڈالرز کی رقم واپس کر دی۔اسٹیٹ بینک آف پاکستان کے اعلامیے کے... [...]

عالمی بحران و امریکا ایران جنگ کے باوجود کیپیٹل مارکیٹ مستحکم، ایس ای سی پی رپورٹ جاری
April 23, 2026 12:04
عالمی بحران و امریکا ایران جنگ کے باوجود کیپیٹل مارکیٹ مستحکم، ایس ای سی پی رپورٹ جاری

فوتو: فائلسیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان نے کپیٹل مارکیٹ پر سہ ماہی رپورٹ جاری کردی، جس میں بتایا کہ عالمی بحران اور... [...]

سونے کی قیمت میں کمی، فی تولہ 5 ہزار 200 روپے سستا ہوگیا
April 23, 2026 12:04
سونے کی قیمت میں کمی، فی تولہ 5 ہزار 200 روپے سستا ہوگیا

فوٹو: فائلملک میں آج سونے کی فی تولہ قیمت میں 5 ہزار 200 روپے کی کمی ہوئی ہے۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق... [...]

پاکستان کا ایل این جی کی اسپاٹ خریداری کا فیصلہ
April 23, 2026 11:04
پاکستان کا ایل این جی کی اسپاٹ خریداری کا فیصلہ

فائل فوٹو پاکستان نے لیکویفائیڈ نیچرل گیس کی اسپاٹ خریداری کا فیصلہ کیا ہے۔ذرائع پاکستان ایل این جی لمیٹڈ کا کہنا ہے کہ پاکستان ایل... [...]

پاکستان اسٹاک ایکسچینج میں منفی رجحان
April 23, 2026 6:04
پاکستان اسٹاک ایکسچینج میں منفی رجحان

---فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے چوتھے روز منفی رجحان دیکھا جا رہا ہے۔بازارِ حصص میں کاروبار کے دوران 100... [...]

اسرائیل سے معاہدہ معطل کرنے پر یورپی اتحاد میں شدید اختلاف: 42 ارب یورو کی تجارت رکاوٹ بن گئی
April 23, 2026 4:04
اسرائیل سے معاہدہ معطل کرنے پر یورپی اتحاد میں شدید اختلاف: 42 ارب یورو کی تجارت رکاوٹ بن گئی

---فوٹو بشکریہ بین الاقوامی میڈیایورپی ممالک کے درمیان اسرائیل کے ساتھ تجارتی اور تعاون کا معاہدہ معطل کرنے کے معاملے پر شدید... [...]

سونے کی قیمت میں مسلسل تیسرے روز بھی کمی
April 22, 2026 9:04
سونے کی قیمت میں مسلسل تیسرے روز بھی کمی

—فائل فوٹوپاکستان بھر کی صرافہ مارکیٹوں میں سونے کی قیمت میں مسلسل تیسرے روز بھی کمی ہوئی ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز... [...]

امریکا ایران جنگ بندی میں توسیع کے بعد تیل سستا، سونے کی قیمتوں میں اضافہ
April 22, 2026 5:04
امریکا ایران جنگ بندی میں توسیع کے بعد تیل سستا، سونے کی قیمتوں میں اضافہ

—فائل فوٹوامریکا کی ایران کے ساتھ جنگ بندی میں توسیع کے بعد آج دنیا بھر میں سونے کی قیمتوں میں اضافہ اور تیل کی قیمتوں میں کمی... [...]

پاکستان اسٹاک ایکسچینج میں ملا جلا رجحان
April 22, 2026 5:04
پاکستان اسٹاک ایکسچینج میں ملا جلا رجحان

—فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے تیسرے روز ملا جلا رجحان دیکھا جا رہا ہے۔بازارِ حصص میں کاروبار کے دوران 100... [...]

Trump’s Justice Department drops its probe into Fed’s Powell, paving the way for Warsh’s confirmation
April 24, 2026 3:30
Trump’s Justice Department drops its probe into Fed’s Powell, paving the way for Warsh’s confirmation

President Donald Trump’s Department of Justice on Friday said that it’s backing down in a standoff over the leadership of the Federal Reserve, an announcement that is expected to pave the way for Trump’s nominee for Fed chair, Kevin Warsh, to take over for Jerome Powell when his term in that role ends on May 15. [...]

Here’s a smart way to beat the U.S. stock market — and 10 ETFs to get you there
April 24, 2026 3:29
Here’s a smart way to beat the U.S. stock market — and 10 ETFs to get you there

International stocks are likely to keep outperforming the S&P 500. [...]

As Americans turn to blue-collar jobs for stability, here’s which ones offer the most security — and which offer the least
April 24, 2026 3:15
As Americans turn to blue-collar jobs for stability, here’s which ones offer the most security — and which offer the least

College affordability issues and tech layoffs have boosted interest in the skilled trades, but “blue-collar work isn’t necessarily insulated from other market forces.” [...]

Mortgage rates inch lower — and chip away at the ‘lock-in effect’ that has hurt home buyers
April 24, 2026 3:15
Mortgage rates inch lower — and chip away at the ‘lock-in effect’ that has hurt home buyers

Mortgage rates fell for the third straight week, a welcome sign for a housing market challenged by high prices and sellers reluctant to give up their own favorable rates. [...]

Employee buyouts like Microsoft’s could become more common. Here’s what workers need to know.
April 24, 2026 3:12
Employee buyouts like Microsoft’s could become more common. Here’s what workers need to know.

In today’s job market, buyouts like what Microsoft is reportedly proposing might become more common. [...]

Retiring abroad? Watch out for this expensive housing mistake.
April 24, 2026 3:01
Retiring abroad? Watch out for this expensive housing mistake.

It’s an exhilarating time, but it’s important to be cautious during those early expat days. [...]

Amazon’s chip business scores another major win
April 24, 2026 2:50
Amazon’s chip business scores another major win

Amazon’s stock jumped toward a record high Friday, after the company announced that Meta plans to use tens of millions of the company’s Graviton chips for agentic AI workloads. [...]

I’m 56. My home has $400,000 in equity. If I lose my job, should I do a reverse mortgage?
April 24, 2026 2:44
I’m 56. My home has $400,000 in equity. If I lose my job, should I do a reverse mortgage?

“I currently make $145,000, and my wife makes $98,000.” [...]

‘AI genuinely freaks me out’: Do I leave my cushy $150,000 nonprofit job for a $215,000 position in data analytics?
April 24, 2026 2:15
‘AI genuinely freaks me out’: Do I leave my cushy $150,000 nonprofit job for a $215,000 position in data analytics?

“There’s basically no upward mobility unless someone above me leaves.” [...]

‘My child will need lifelong support’: I’m in my 40s with $330,000. How can I make this last both our lifetimes?
April 24, 2026 2:15
‘My child will need lifelong support’: I’m in my 40s with $330,000. How can I make this last both our lifetimes?

“The portfolio has grown, but I can’t help feeling that it hasn’t grown as much as it could have.” [...]

Pirro drops probe into Fed’s Powell, paving way for Warsh confirmation
April 24, 2026 2:39
Gas prices may still be too low for Trump to give ground on Iran right now
April 24, 2026 2:18
Stocks open mixed as Middle East conflicts and oil drive Friday trades
April 24, 2026 1:30
The ‘simple math’ why oil prices need to rise a lot more, according to JPMorgan
April 24, 2026 12:16
Economic calendar: Friday's data focuses on consumer sentiment
April 24, 2026 12:02
Why Intel’s stock is on track for a historic surge after earnings
April 23, 2026 11:54
Here’s how much money tonight's 2026 NFL draft picks will make
April 23, 2026 11:22
NYC's new health chief: How I’ll help deliver Mamdani’s affordability agenda
April 23, 2026 10:18
Meta plans to cut 10% of workforce — or 8,000 jobs — as it doubles down on AI
April 23, 2026 8:57
Intel stock soars after earnings. Could it finally eclipse its 2000 record high?
April 23, 2026 8:42
Jobless claims fall to lowest level since mid-May
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Jobless claims stay low in latest week
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Consumer credit growth soars in December
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U.S. productivity slows down in fourth quarter while unit labor costs accelerate
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Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond
February 3, 2025 1:46
Trump asks Supreme Court to pause TikTok ban
December 28, 2024 12:32
Amazon says it had best-ever Thanksgiving Holiday week with record sales and number of items sold
December 3, 2024 2:05
U.S. stock futures and bond yields drop on reports Putin has updated nuclear doctrine
November 19, 2024 8:55
Charter Communications announces buyout deal for Liberty Broadband at terms above its previous proposal
November 13, 2024 1:52
General Motors unveils new all-electric Cadillac called the Vistiq with 300-mile range
November 12, 2024 1:53
Vestas Wind Systems stock slumps as company says margins to be at low end of guidance
November 5, 2024 8:39
Burberry shares rise on report Moncler could bid for it
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Kazatomprom reports 17% increase in production during the third quarter
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  • About
    • Vision & Mission
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    • Management Rating
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