Sunday, October 11, 2026 · Petrol Rs 398.3 · USD/PKR 277.05 · Gold Rs 442036/tola
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Zardari and Shehbaz Agree to Impose Emergency in Khyber Pakhtunkhwa Houthi Attack on Riyadh Airport Kills 12, the Worst in a Decade Pakistan Cancels 42 Flights as Riyadh Routes Are Suspended Finance Minister Says He Was Never Told of the IMF’s Objection Section 144 Imposed in Rawalpindi and Murree for a Month Petrol Eases to Rs398.30 While Diesel Rises to Rs396.24 Gold Climbs to Rs442,036 a Tola; KSE-100 Ended Friday Lower PIA Signs Lease Deal With Norse Atlantic for Two Boeing 787-9 Dreamliners Supreme Court Says Trial Courts Can Reject Time-Barred Suits Without Defendant’s Application WEF Urges Pakistan to Rethink Administrative Map as Population Growth Strains Governance Pakistan Reaffirms Support for Saudi Security at UN Security Council IAEA Review Finds Pakistan Has Robust Nuclear Security Regime Two State Solution & Abrahamic Accords ,Nothing is Off the Table: State Department Antisemitism Envoy Pacific Pre-COP Ends With Strong Call for Climate Action Ahead of COP31 Pakistan Raises Petrol, Diesel Prices Under New Daily Pricing Mechanism Pakistan Government, PTI Trade Blame Over KP Security and Governance Direct Karachi-Europe Shipping Service Restored, Minister Says Houthi Missile Attacks Disrupt Riyadh Flights as Saudi Facilities Sustain Damage Shehbaz Sharif Condemns Houthi Attacks, Reaffirms Pakistan’s Defence Commitment to Saudi Arabia Junaid Family Foundation support bolsters women’s tennis in Pakistan and USA

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September 3, 2024

News Desk

Economic uncertainty weighs on stocks

KARACHI: The Pakistan Stock Exchange (PSX) fell over 200 points on profit-taking in select stocks on Monday amid economic uncertainty and concerns over the outcome of regulatory oversight of stock exchanges. In the morning, the KSE-100 index opened positively, hitting an intraday high of 79,014.68 points. However, early gains proved short-lived as the market quickly reversed course amid political noise and concerns over whether the International Monetary Fund (IMF) would approve a cut in Punjab’s electricity tariffs. These factors, combined with a Rs2.8 trillion funding plan aimed at preventing industry closures at a time of funding constraints, fueled bearish sentiment.

June 6, 2024

News Desk

The automotive sector is seeking tax rationalization

KARACHI: Experts have expressed serious concern over the plight of the auto industry and its future prospects while appealing to the government to check the massive influx of imported vehicles through tax rationalization. They said such a move would revitalize the local market, protect the interests of local car manufacturers and ensure sustainable livelihoods. “The auto industry has urged the government to look into it while taking measures in the upcoming budget to support the industry,” Indus Motor Company (IMC) managing director Ali Asghar Jamali said while addressing a group of reporters on Wednesday. He said the increase in duties

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