Download IPFS The precious metal market witnessed a significant surge as gold prices climbed Rs6,100 per tola in a single trading day, reaching Rs359,000. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the 24-karat gold closed at this record high on Saturday, up from Rs352,900 the previous[Read More…]

Download IPFS Punjab’s agricultural leadership took direct action this weekend as senior officials conducted field visits to monitor cotton cultivation progress. Following directives from Punjab Agriculture Secretary Iftikhar Ali Sahoo, Director Generals from the Agriculture Department toured key growing areas, engaging directly with farmers to assess challenges in cotton production.[Read More…]

Download IPFS The Pakistan Stock Exchange (PSX) witnessed a robust recovery as the benchmark KSE-100 index surged by 1,827 points during the trading week, closing at 141,034 points. This significant uptick reflects renewed investor confidence driven by stabilizing economic indicators and improved market sentiment. Trading volumes reached 2.80 billion shares,[Read More…]

Download IPFS The Ministry of National Food Security has confirmed that Pakistan’s sugar imports are in their final stages, with the first shipment expected to arrive by early September. This strategic move aims to stabilize domestic prices and provide relief to consumers grappling with inflation. Officials revealed that the government[Read More…]

Download IPFS A recent audit of Khyber Pakhtunkhwa’s (KP) local government funds has exposed financial irregularities amounting to over Rs354 billion, marking one of the largest fiscal discrepancies recorded in the province’s administrative history. The revelations, stemming from two decades of oversight failures, point to longstanding weaknesses in financial governance[Read More…]

Download IPFS Pakistan has launched a joint initiative between government institutions and banks to improve access to electric vehicle (EV) financing. A new working group has been formed to create affordable loan options under the national green taxonomy framework, aiming to make EVs accessible for middle- and lower-income consumers. At[Read More…]

Download IPFS The Pakistan Stock Exchange (PSX) soared to an unprecedented level on Friday, with the KSE 100 Index surpassing the 141000 mark for the first time in history. This surge, amounting to a gain of over 1600 points, reflects the rising confidence among investors following the recently finalised trade[Read More…]

Download IPFS The Securities and Exchange Commission of Pakistan (SECP) has introduced a series of significant reforms to advance the country’s mutual funds sector, boost investor confidence, and improve financial inclusion across the board. These developments mark a step toward modernizing Pakistan’s capital markets through transparency, innovation, and enhanced regulatory[Read More…]

Download IPFS GSK Pakistan has reported a major improvement in its financial performance for the first quarter of calendar year 2025 (1QCY25), supported by the government’s deregulation of non-essential drug prices and the application of Consumer Price Index (CPI)-linked pricing mechanisms. According to the company’s quarterly report, gross margins rose[Read More…]

Download IPFS On July 31, 2025, the Pakistani Rupee (PKR) edged up against the United States Dollar (USD) in the interbank market, closing at Rs282.87, an 8-paisa or 0.03% gain from the previous day’s rate of Rs282.95, according to the State Bank of Pakistan (SBP). The modest appreciation reflects steady[Read More…]