Stock market started bleeding in the opening hours of trading on Friday but it recovered in the mid-day trading. However, ends by losing 1431.61 points or 0.88 percent to 163098.19. KSE 100 Index declined by -3.48% on WoW basis, this pressure during the outgoing week can be attributed to: news during the start of the…
Silver Prices in Pakistan increased by Rs 82 to Rs 5066 per tola in line with fluctuation in global market prices. The price of silver in international market was also up $.082 to $49.62. This had also led to hike in prices of silver in Pakistan. The price of 10 gram 24KT silver also witnessed…
Government introduces Turtle Excluder Devices to safeguard marine life and restore access to U.S. shrimp export market. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the launch of a PKR 90 million initiative aimed at protecting sea turtles during shrimp trawling operations, as part of broader efforts to sustain marine biodiversity and…
The Pakistan Stock Market closed at 164530.8 after losing 735.94 points, registering a decline of 0.45 percent on Thursday. After bleeding for last couple of days due to profit taking, Pakistan Stock Market on Thursday morning had recovered in opening hours of trading. But it started bleeding after mid day trading which continued at closing…
The IMF and Pakistan have made significant progress toward a staff-level agreement under the Extended Fund Facility and Resilience and Sustainability Facility during detailed talks in Karachi and Islamabad. An International Monetary Fund (IMF) mission led by Iva Petrova concluded its visit to Pakistan on October 8, 2025. It reports “significant progress” toward reaching a…
Pakistan’s jewellery exports have remained suspended for over six months as the Prime Minister’s Office stalls approval of a key gold trade regulation. This leads to exporters to warn of economic devastation. According to a report, the All Pakistan Small Gems Jewellers & Tools Association (APSGJTA) has issued a stark warning “economic murder” of Pakistan’s…
Pakistan has advanced its ongoing economic review discussions with IMF by successfully fulfilling another key structural condition of the financial assistance program. The Federal Board of Revenue has issued a draft amendment to the Civil Servants Rules, expanding the definition of public servants under the Asset Rules Reform. According to the official notification, officers in…
Top court upholds ruling against CCP Chairperson’s casting vote, orders fresh hearing within 90 days to ensure fair trial. The Supreme Court of Pakistan has remanded the long-running sugar cartel case back to the Competition Appellate Tribunal (CAT) for fresh proceedings, directing it to decide the matter afresh after giving all parties a full right…
The per tola prices of silver in Pakistan increased by Rs 55 to Rs 4884 in line with fluctuation in global prices. The price of 10 gram 24kt silver was also up Rs 47 to Rs 4272. The price in international market was also up $0.55 to $48.80.
Aisha Steel and International Steels found guilty of collusion; three-year cartel raised prices by 111%, hurting consumers and industry. ISLAMABAD, October 8: The Competition Commission of Pakistan (CCP) has imposed heavy financial penalties on Aisha Steel Mills Limited (ASML) and International Steels Limited (ISL) after finding both undertakings guilty of cartelization and price-fixing in violation…