Business
A fresh wave of buying frenzy has gripped Pakistan’s bullion market, with gold prices soaring to never-seen-before levels. On Wednesday, the price of gold jumped by Rs6,000 per tola, touching Rs376,700. Meanwhile, the rate for 10 grams climbed by Rs5,144, hitting Rs322,959. The
Business
Pakistan’s urea sales climbed 46% year-on-year to 816,000 tons in August 2025, driven by lower rainfall and dealer restocking after subdued demand earlier in the year. Provisional data shows a strong rebound in fertilizer demand during August, with monthly urea sales rising 34% from July, reflecting
Business
The Pakistani rupee inched higher against the US dollar on Wednesday, reflecting positive momentum in the inter-bank market, while the Indian rupee showed signs of recovery despite global headwinds. By 10am, the rupee was trading at 281.47, gaining Re0.25 or 0.09% compared to the previous day’
Business
The Pakistan Stock Exchange (PSX) recorded another strong session on Wednesday, with the benchmark KSE-100 Index gaining over 900 points in early trade. The rally comes even as global markets remain under pressure from bond yield spikes, weak US manufacturing data, and tariff uncertainties. At 10:15am, the index
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Pakistan’s sugar market remains under strain as domestic rates continue to exceed global prices, a parliamentary panel was informed on Tuesday. The subcommittee of the National Assembly’s Standing Committee on Commerce, led by Mirza Ikhtiar Baig, reviewed the sugar pricing structure. The Federal Board of Revenue (FBR) said
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After a sharp rally earlier this week, gold prices showed no change on Tuesday in both Pakistan and global markets. Figures shared by the All Pakistan Sarafa Gems and Jewellers Association confirmed that 24-karat gold continued trading at Rs370,700 per tola. Prices for 10 grams also remained fixed
Business
Pakistan’s fuel sales grew in August on the back of stronger petrol and diesel demand, while furnace oil continued to lose relevance in the energy mix. Data compiled by Topline Securities showed oil sales at 1.3m tonnes in August, up 7% from a year ago and 6% above
Business
The Pakistan Stock Exchange sustained its upward trajectory on Tuesday as investors rushed to capitalize on a wave of optimism across domestic and international markets. By mid-morning, the KSE-100 Index climbed to 150,532.82 points, gaining 561.70 points or 0.37%. Market participants highlighted strong demand
Business
The Pakistani rupee displayed resilience on 2 September 2025, with the dollar buying rate fixed at Rs 282.9 and the selling rate at Rs 283.70 in the open market. Interbank trading mirrored the same rate, indicating a rare alignment between both markets. Currency observers described the situation as
Business
Gold prices in Pakistan hit a record high on Monday, September 1, 2025, following a surge in international markets. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola rose by Rs3,300 to Rs370,700 from Rs367,400 a day earlier.
Business
Arthur Zilberman, a Belarusian-born entrepreneur, has expanded the reach of LaptomMD+ in New York City and beyond. The company was founded in 1999 and has grown from a single repair shop to become a multi-location service provider in America. It offers professional computer and laptop repair services to
Business
Oil and Gas Development Company Limited, Pakistan’s largest exploration and production company, on Friday launched its new logo, “OGDC — the energy,” introducing a refreshed identity that reflects the company’s 65-year legacy of excellence and its beginning of “a new era of energy”. The new logo symbolises the