September 10, 2026
FBR chairman Rashid Mahmood Langrial has ordered payment within two to three months of Rs83 billion in sales tax refunds and Rs43 billion in duty rebates held back from businesses.
November 19, 2025
With Pakistan’s skies closed, Air India aims to cut costs and stabilize its finances Air India is pushing the Indian government to persuade China to let it use a sensitive military airspace zone in Xinjiang to shorten routes as the financial toll of a ban on Indian carriers from flying over Pakistan mounts, according to a company filing. The unusual request comes weeks after direct India-China flights resumed after a five-year hiatus following a standoff on the Himalayan border between the nations. Air India is seeking to rebuild its reputation and international network after a London-bound Boeing 787 Dreamliner crashed
The Pakistani KSE-100 index increased to a fresh high of all time on Friday, closing at 168,990 points after 500 points, or 0.30% day to day. The strong liquidity of the market has led to the excitement of investors, although the mild profits in the last hour was slightly mitigated by the rally. Commercial activity took over the pace, as the tumors rose to 831 million shares, from 776 million at the previous session, marking the renewed confidence between retail and institutional investors. The index has increased by 46.79%, reflecting analysts who call a bullish macroeconomic scene. Read: The PSX
The broker monitors shares during a Pakistan Stock Exchange (PSX) in Karachi, January 21, 2025. – Inp The KSE-100 index increases 1,529 points, closing at 114,330.10. The reference index hits an intra -business high of 114,573.67 amid strong profits. The rebound market sharply from the low of 111.857.33. The capital market experienced a strong rally on Monday, as the new liquidity from local investors fueled a sharp inverting in emotion. After a sluggish start of the meeting, the market watched a significant shift in the momentum, with large capital and institutional investors importing new capital. The Pakistani Stock Exchange (PSX)
KARACHI: Pakistan’s central bank has injected over Rs8 trillion into conventional and Shariah-compliant banks for up to four weeks, addressing the liquidity crunch in the financial system to ensure smooth banking operations in the country. The dependence of commercial banks on central bank funding has gradually increased due to significant government borrowing by these banks. This central bank lending and subsequent lending to the government appears to have resulted in slightly negative margins for commercial banks. The data shows the central bank has provided the Rs8 trillion at a rate of return of slightly more than 22%, higher than commercial
Bank of America Suggests Pakistan Dollar Bonds Overweight Market A sign for rating agency Moody’s is displayed at the company’s headquarters in New York, USA. — AFP/File Pakistan’s ratings remain unchanged, Moody’s says. Moody’s warns of default risks if IMF funds are delayed. BOA upgrades Pakistan to Overweight at $70-75. Islamabad: Bloomberg reported that Bank of America (BofA) raised its recommendation on Pakistan’s dollar bonds to outperform market weight, citing a fall in post-election political uncertainty and possible rating upgrades. On the other hand, Moody’s Investors Service said Pakistan’s ratings, including a long-term issuer rating of Caa3 with a stable
The finance ministry has so far refused to bail out PIA and is reluctant to take any firm decision All PIA flights to Europe have been temporarily canceled for a period of six months. — AFP/File CAA grants Rs 5 billion facility to keep PIA afloat. The Ministry of Finance refuses to provide any guarantee. The aviation ministry is making last-ditch efforts to relax. ISLAMABAD: Pakistan International Airlines (PIA) has sent an SOS (Save Our Ship) to the State Bank of Pakistan, seeking to arrange loans of Rs 15 billion from commercial banks to help it deal with the prevailing
Editor — Hamza Azhar Salam · Write to us with suggestions or tips
October 26, 2026
The Pakistan Daily
October 26, 2026
Frontpage.dev
Frontpage.dev