KARACHI: The catastrophic floods in Pakistan have left a trail of devastation across our economy, society, and environment. More than 1,700 lives were lost in 2022, with 33 million citizens affected, 2.1 million displaced, and 10% of the country submerged. Agriculture – the backbone of our exports – was crippled, with farmland, homes, and infrastructure … Read more
ISLAMABAD: When we think of artificial intelligence (AI), our minds often jump to Hollywood blockbusters, imagining futuristic machines from I, Robot or The Terminator. Though the idea of intelligent robots in public assistance roles is still a few years away, AI algorithms already rule the global financial markets as of now. With intelligent algorithms executing … Read more
With an eye on expanding its footprint in the global textile market, Pakistan marked a strong presence at Intertextile Shanghai Apparel Fabrics and Yarn Expo Autumn 2025. Featuring 10 exhibitors, including participants under the Pakistan Pavilion supported by TDAP, the country highlighted its excellence in fabric and yarn production before a diverse international audience. From … Read more
Pakistan Stock Exchange (PSX) closed the week on a strong footing on Friday as the benchmark KSE-100 index surged over 1,600 points to settle at a record high of around 154,280. The rally was spearheaded by the National Bank of Pakistan (NBP), which hit the upper circuit and skyrocketed 9.88% to Rs171.98, after its corporate … Read more
KARACHI: Gold prices in Pakistan extended their hiking streak on Friday, mirroring the surge in the international market where bullion rallied to fresh highs. The global price of gold climbed close to the $3,600 per ounce mark after weak US jobs data boosted expectations of a Federal Reserve rate cut, providing further momentum to the … Read more
KARACHI: The State Bank of Pakistan (SBP) will hold its Monetary Policy Committee (MPC) meeting on September 15, 2025, with most analysts expecting the policy rate to remain unchanged. According to statement released on Friday, a poll conducted by Topline Securities showed that 72% of market participants anticipate no change in the policy rate, compared … Read more
ISLAMABAD: Pakistani seafood exporters met with Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry in Beijing and updated him on discussions with their Chinese counterparts as Islamabad intensifies efforts to expand fisheries exports. The federal minister emphasised that signing memoranda of understanding (MoUs) and fostering business-to-business agreements would play a crucial role in enhancing … Read more
KARACHI: Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), week ending Sep 04, 2025, increased by 1.29% week on week (WoW) and up 5.07% year on year (YoY), which is the highest YoY after 35 weeks. Major increase was observed in the prices of tomatoes, wheat flour, onions, rice basmati broken, garlic, potatoes. … Read more
KARACHI: The Pakistan Stock Exchange (PSX) surged to an all-time high on Friday, with the KSE-100 Index closing at 154,277, up 1,612 points in a single session. This marks the first time the index has surpassed the 154,000 level. The rally was spearheaded by the National Bank of Pakistan (NBP), which surged 9.88% to Rs171.98 … Read more
Gold prices in Pakistan rose further on Friday after spot gold went up by $12 to $3,552 per ounce in the international bullion market following the greenback slightly losing value. The price of 24-karat gold per tola jumped by Rs1,200 to Rs377,900, while 10 grams of gold increased by Rs1,029, hitting Rs323,988 — both all-time … Read more