Category: Business

IMF

Pakistan, IMF Extend Bailout Talks as Fiscal Gaps and Iran War Risks Cloud $7B Program

Further negotiations planned as both sides review fiscal gaps, tax targets and regional geopolitical risks affecting Pakistan’s economy. Pakistan and the International Monetary Fund (IMF) have agreed to extend negotiations on the third review of the country’s $7 billion Extended Fund Facility (EFF) after talks ended without reaching a staff-level agreement. In a statement issued […]
Gold Prices

Gold Prices in Pakistan Jump Rs6,200 Amid Global Surge

Gold prices and the stock market rebound signal rising investor confidence in Pakistan. KARACHI: Gold prices in Pakistan soared sharply on Tuesday, mirroring international market trends. The price of 24-carat gold jumped by Rs6,200 per tola, reaching Rs539,562, while 10 grams of gold climbed by Rs5,316 to Rs462,587. In the international bullion market, gold surged […]
Pakistan Auto

Pakistan Auto Sales Surge 43% in First Eight Months of FY26

Strong demand for cars, bikes, and commercial vehicles offsets tractor slowdown; industry eyes 200,000-unit target by year-end. KARACHI: Pakistan’s auto market accelerated sharply in the first eight months of FY26, with passenger vehicles and motorcycles leading the growth, even as the tractor segment faced persistent challenges. Industry sources reported that February sales of cars, SUVs, […]
PSX

PSX Rebounds Sharply: KSE-100 Surges 10,757 Points in Historic Rally

Investors witness extreme volatility as Pakistan Stock Exchange swings from record losses to historic gains Pakistan’s benchmark KSE-100 index made a stunning recovery on Tuesday, soaring 10,757.64 points to 157,300.45, up from Monday’s close of 146,480.14 points. The sharp gain triggered a temporary halt in trading under Pakistan Stock Exchange (PSX) regulations. According to the […]
Red Sea

Pakistan Secures Oil via Red Sea Amid Gulf Conflict

Pakistan ensures energy stability through Red Sea oil imports and weekly price checks WEB DESK: In a strategic move to protect its energy supply amid escalating Gulf tensions, Pakistan will import oil through the Red Sea, bypassing the Strait of Hormuz. The decision comes as conflicts involving Iran, the United States, and Israel threaten global […]
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