Business News | PSX | News Updates from Pakistan Economy

Federal government debt reaches record high: SBP

The State Bank of Pakistan (SBP) has indicated a record increase in the debt of the federal government in the recently released report, raising serious concerns about the financial stability of the country.

May 13, 2025
Published in Business

PSX surges by nearly 10,000 points amid ceasefire-driven investor optimism

The Pakistan Stock Exchange (PSX) opened to a sharp rally on Monday after tensions between Pakistan and India eased, with the benchmark KSE-100 index jumping more than 9%, leading to market suspension.

May 12, 2025
Published in Business

Government mulls removal of withholding tax on raw materials

The federal government is likely to announce substantial tax improvements in the upcoming Budget 2025, which includes the withholding tax removal on raw materials to help the industrial and construction sectors.

May 11, 2025
Published in Business

PSX rebounds as market stabilizes

The bourse opened on a positive note Friday, rebounding from Thursday’s heavy losses amid a relatively calm start to the day. Investors appeared to regain some confidence after early trade passed without fresh incidents that…

May 9, 2025
Published in Business

Rising Demand Pushes Cotton Price to Rs17,500 per Maund

Pakistan Cotton Ginners Forum Chairman Ehsanul Haq on Monday said that the federal government assigned target of 10 to 18 million of cotton bales for fiscal year 2025-26.

May 5, 2025
Published in Business

Inflation drops to 0.3%, lowest level in six decades

Contrary to official and independent expectations for an uptick, Pakistan's annual inflation rate further slowed down to its lowest level in six decades, 0.3% in April, bringing the central bank into the spotlight ahead of…

May 3, 2025
Published in Business

Aurangzeb vows to achieve sustainable economic growth

Finance Minister Muhammad Aurangzeb has reaffirmed government's commitment to achieving sustainable and inclusive economic growth by enhancing productivity and promoting exports.

May 2, 2025
Published in Business

Govt slashes petrol, high-speed diesel prices by Rs2

The federal government on Wednesday slashed the prices of petrol and high-speed diesel (HSD) by Rs2 per litre for the next fortnight.

April 30, 2025
Published in Business

Pak-India tensions drag PSX down over 3,500 points

The bourse saw a sharp decline on Wednesday as geopolitical tensions escalated following a late-night warning from the federal government that India may launch a military strike within the next 24 to 36 hours.

April 30, 2025
Published in Business

Gold prices drop in Pakistan as global rates fall

The price of gold in Pakistan continues to drop, in line with the rates world over.

April 28, 2025
Published in Business

China denies trade talks with US despite Trump's claim

China repeated Saturday that it had held no talks with the United States on trade issues, despite President Donald Trump’s claim that he had taken a call from Xi Jinping.

April 26, 2025
Published in Business

ADB announces additional assistance package of $330m for Pakistan

Asian Development Bank (ADB) has announced an additional $330 million in financial assistance for Pakistan’s social protection programme, aiming to benefit around 9.3 million people nationwide.

April 24, 2025
Published in Business

Gold prices hit new record high

Gold prices in Pakistan surged to an all-time high on Tuesday, tracking a sharp rise in international rates.

April 22, 2025
Published in Business

World Bank slams Pakistan's tax system highly ‘unfair and absurd’

The World Bank has termed Pakistan’s tax system as “extremely unfair and absurd” and emphasized that property must be effectively brought into the tax net with accurate registration and taxation, as reported by national media.

April 17, 2025
Published in Business