News Archives for Business & Finance - 2025-10-01

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Business & Finance - 2025-10-01

Business & Finance

LG Electronics aims to make India its global manufacturing hub with local unit’s listing

MUMBAI/BENGALURU: LG Electronics is looking to make India its global manufacturing hub, an executive of its Indian...

Published 01 Oct, 2025 09:11pm

Markets

Pakistan’s auto sector: safety, quality rules for imported and locally produced vehicles notified

KARACHI: The Engineering Development Board (EDB), an apex government body under the Ministry of Industries &...

Published 01 Oct, 2025 07:19pm

Business & Finance

Most Indian carmakers snap four-month sales slump in September on festive demand, tax cuts

Three out of four of India’s top carmakers posted a year-on-year rise in dispatches to dealers in September,...

Published 01 Oct, 2025 06:50pm

Statistics

Inflation in Pakistan clocks in at 5.6% in September 2025

Reading significantly higher than Finance ministry's estimate of 3.5-4.5%

Updated 01 Oct, 2025 09:33pm

Money & Banking

India central bank allows banks to fund acquisitions, lend more for IPOs

MUMBAI: India’s central bank on Wednesday allowed banks to fund acquisitions and raised the cap on loans for buying...

Published 01 Oct, 2025 05:48pm

Markets

India proposes easing aircraft leasing conditions in potential boost for IndiGo

NEW DELHI: India’s aviation regulator has proposed removing the mandate that airlines can only take planes on lease...

Published 01 Oct, 2025 05:44pm

Companies

TRG Pakistan swings to profit with Rs3.9bn earnings in FY25

TRG Pakistan, one of the largest technology companies in Pakistan, reported a strong turnaround in its financial...

Updated 16 Jan, 2026 01:30pm

Commodities

Gold hits new record high in Pakistan, up Rs3,500 per tola

Gold prices in Pakistan continued to climb new peaks on Wednesday, in line with their increase in the international...

Updated 01 Oct, 2025 07:38pm

Business & Finance

Pakistan eyes American investment amid improved US ties: Bloomberg

Finance Minister Muhammad Aurangzeb said Pakistan is planning an investor conference in Washington later this month...

Updated 01 Oct, 2025 10:39pm

Stocks

European healthcare stocks surge as US deal with Pfizer reduces some uncertainty

LONDON: European healthcare stocks jumped on Wednesday, mirroring moves in the United States, a day after Pfizer and...

Published 01 Oct, 2025 01:26pm

Markets

BMW to recall over 145,000 US vehicles, citing starter motor defect

BMW is recalling over 145,000 vehicles in the U.S. as an overheated starter could increase the risk of a fire, the...

Published 01 Oct, 2025 12:57pm

Markets

Tesla hikes lease price for all US models as $7,500 EV tax credit expires, website shows

Tesla has raised lease prices for all its vehicles in the U.S. after a $7,500 tax credit that boosted EV sales...

Published 01 Oct, 2025 12:55pm

Markets

India’s tax cut boosts automaker Mahindra’s SUV sales to dealers

Indian automaker Mahindra & Mahindra said on Wednesday that its sales of sports utility vehicles to dealers in...

Published 01 Oct, 2025 12:31pm

Markets

From Riyadh to Silicon Valley: How EA became the jewel of Saudi Arabia’s gaming vision

LONDON: For years, tech-focused buyout group Silver Lake coveted video game developer Electronic Arts, the power...

Published 01 Oct, 2025 12:23pm

Companies

CCP approves PTCL’s acquisition of Telenor Pakistan, Orion Towers

Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced that the Competition Commission of Pakistan...

Updated 01 Oct, 2025 03:58pm

Commodities

Soybeans below $10/bushel for 1st time in seven weeks; corn, wheat down

SINGAPORE: Chicago soybean futures slid for a third consecutive session on Wednesday, dropping below $10 a bushel...

Published 01 Oct, 2025 11:21am

Stocks

Wall Street futures fall as clock ticks to US government shutdown

SYDNEY: Wall Street futures slipped on Wednesday as the clock ticked down to a US government shutdown that would...

Published 01 Oct, 2025 11:15am

Forex

Australian dollar hovers near 3-year peak on NZ counterpart as rates diverge

The diminished chance of lower rates kept the Aussie at $0.6605

Published 01 Oct, 2025 11:12am

Stocks

Australian shares flat as miners counter gains in gold stocks

The S&P/ASX 200 index was flat at 8,849.10

Published 01 Oct, 2025 11:08am

Stocks

Nikkei falls on profit-taking at start of second half of fiscal year

The Nikkei slipped 1.1% to 44,440.92

Published 01 Oct, 2025 11:06am

Stocks

Indian shares set to open higher ahead of RBI policy decision

Gift Nifty futures were trading at 24,765.5 points

Published 01 Oct, 2025 11:04am

Forex

India’s central bank proposes to boost international usage of Indian rupee

MUMBAI: India’s central bank on Wednesday proposed steps to boost the Indian rupee’s global use, including allowing...

Published 01 Oct, 2025 10:59am

Bullion Rate

Gold hits record high as US shutdown, weak jobs data lift safe-haven rush

Spot gold was up 0.1% at $3,861.99 per ounce

Published 01 Oct, 2025 10:55am

Energy

Oil slides to 17-week low on US and Asia economic worries, and expected OPEC+ production increase

Brent crude futures fell 72 cents, or 1.1%, to $65.31 a barrel

Updated 01 Oct, 2025 08:52pm

Forex

Dollar slips to one-week low as US government shuts down

The dollar slipped 0.3% to touch 147.46 for the first time since September 19, adding to a three-day, 1.2% slide

Published 01 Oct, 2025 10:49am

Exchange

Rupee sees slight improvement against US dollar

Currency settles at 281.31 against greenback

Updated 01 Oct, 2025 09:33pm

Business & Finance

Pakistan repays $500mn Eurobond on time: Ministry of Finance

In a key development, Pakistan has successfully repaid its $500 million Eurobond that matured on September 30, 2025,...

Updated 01 Oct, 2025 10:38pm

Stocks

KSE-100 settles flat after volatile session

A volatile session was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index swinging both...

Updated 01 Oct, 2025 10:35pm

Companies

Pakistani meat exporter commences operations at Karachi EPZ plant

The Organic Meat Company Limited (TOMCL) has announced the commencement of operations at its Karachi Export...

Published 01 Oct, 2025 09:47am

Energy

OGDCL announces major hydrocarbon discovery in Sindh

Oil & Gas Development Company Limited (OGDCL), the largest exploration and production (E&P) company in...

Updated 01 Oct, 2025 12:11pm

Pakistan

‘Silk Way Transport Forum’ held: Minister highlights importance of Islamabad-Tehran-Istanbul road link

ISLAMABAD: Federal Minister for Communications Abdul Aleem Khan has said Pakistan’s pivotal geo-strategic position...

Published 01 Oct, 2025 07:30am

Companies

BOK: Building momentum with consistent performance on PSX

PESHAWAR: The Bank of Khyber (BOK) has taken center stage at the Pakistan Stock Exchange (PSX) with one of the most...

Published 01 Oct, 2025 07:24am

Energy

Ogra cuts LPG rates

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday announced a reduction in Liquefied Petroleum Gas...

Published 01 Oct, 2025 07:02am

Industry

Pakistan Single Window links Port Community System with govt agencies

ISLAMABAD: Pakistan Single Window (PSW) has linked the Port Community System with other government...

Updated 02 Oct, 2025 07:43am

Energy

Koto HPP-produced electricity: Pesco, Pedo sign agreement for sale

PESHAWAR: The Khyber Pakhtunkhwa government signed an agreement with Peshawar Electricity Supply Company (Pesco) for...

Published 01 Oct, 2025 06:59am

Companies

Mastercard Start Path’s Small Business programme: ABHI selected as one of eight startups worldwide

KARACHI: ABHI has been selected as one of the eight startups worldwide to join Mastercard Start Path’s Small...

Published 01 Oct, 2025 06:56am

Business & Finance

‘Business still upbeat about global trade despite Trump’s tariffs’

KARACHI: While US President Trump’s tariffs may continue to have a major impact on trade flows, business leaders...

Published 01 Oct, 2025 06:53am

Business & Finance

Trade diplomacy: Dar chairs review meeting

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired a meeting Tuesday to review...

Published 01 Oct, 2025 06:51am

Energy

Peshawar Block: Mari Energies acquires 65pc working interest from Hycarbex

KARACHI: Mari Energies Limited (“Mari Energies”) has announced a significant expansion of its upstream portfolio...

Published 01 Oct, 2025 05:59am

Business & Finance

ADB warns of rising risks to economy

ISLAMABAD: The Asian Development Bank (ADB) has sounded the alarm over Pakistan’s economy, warning of mounting...

Published 01 Oct, 2025 05:59am

Business & Finance

Deadline for filing income tax returns extended till Oct 15th

ISLAMABAD: The Federal Board of Revenue (FBR) late Tuesday night extended the deadline for filing the income tax...

Published 01 Oct, 2025 05:59am

Business & Finance

Petrol price hiked by Rs4.07, HSD’s by Rs4.04

ISLAMABAD: The federal government announced late Tuesday that it is raising the prices of petrol and High-Speed...

Published 01 Oct, 2025 05:59am

Companies

CCP approves Euro Gas acquisition

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a majority shareholding in...

Published 01 Oct, 2025 05:59am

Companies

Gul Ahmed shuts down export apparel business

KARACHI: Pakistan’s leading textile exporting company, Gul Ahmed Textile Mills Limited has announced the closure ...

Published 01 Oct, 2025 05:59am

Business & Finance

Various applications related to Punjab SEZs discussed

LAHORE: Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain chaired the 10th meeting of the...

Updated 01 Oct, 2025 07:48am

Energy

OGDCL receives 3rd interest payment from PHL

KARACHI: The Oil & Gas Development Company Limited (OGDCL) has announced the receipt of the third installment of...

Published 01 Oct, 2025 05:59am

Business & Finance

IRIS portal: KTBA asks FBR to provide complete records of system breakdowns

KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to provide complete...

Published 01 Oct, 2025 05:59am

Money & Banking

Dollar dips as threat of US govt shutdown looms

NEW YORK: The US dollar softened against most currencies except the yen on Tuesday ahead of a likely US government...

Published 01 Oct, 2025 05:59am

Money & Banking

Indian rupee hits all-time low on US-India policy friction

MUMBAI: The Indian rupee dropped to a record low on Tuesday, with unresolved trade strains with the United States...

Published 01 Oct, 2025 05:59am

Pakistan

FBR extends deadline for income tax returns filing for 2025 till October 15

The Federal Board of Revenue (FBR) announced at midnight on Tuesday that the deadline for filing income tax returns...

Published 01 Oct, 2025 12:11am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 7	277.91
USD PKR Interbank Buying / Aug 7	277.71
USD to Japanese Yen / Aug 7	157.76
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.16
SOFR % / Aug 7	3.65

Stock	Volume
S&P 500 / Aug 7	7,757.64
India Sensex / Aug 7	78,499.17
Tokyo Nikkei / Aug 7	65,606.71
Nasdaq / Aug 7	26,690.62
Hang Seng / Aug 7	25,668.03
FTSE 100 / Aug 7	10,901.09
Dow Jones / Aug 7	54,036.93
Germany DAX 30 / Aug 7	26,319.45
France CAC40 / Aug 7	8,714.93

Item	Value
Crude Oil USD/Barrel / Aug 7	78.18
Karachi Cotton PKR/37.32 KG / Aug 7	18,580
Gold 10 Grams PKR / Aug 7	389,519
Gold Spot USD/Ounce / Aug 7	4,341.56
Cotton US¢/pound / Aug 7	84.40
Petrol/Litre / Aug 10	327.62
Diesel/Litre / Aug 10	380.86

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	6.80 ▲ 0.59 (9.5%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.48 ▲ 1.98 (9.21%)

Stock	Price
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	159.49 ▼ -16.5 (-9.38%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.57 ▼ -1.68 (-8.3%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.43 ▼ -3.56 (-7.74%)
Shams Textile / Aug 7 Shams Textile Mills Limited(STML)	52.52 ▼ -4.29 (-7.55%)
Dar-es-Salaam / Aug 7 Dar-es-Salaam Textile Mills Limited(DSML)	22.17 ▼ -1.69 (-7.08%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	52.77 ▼ -3.97 (-7%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.35 ▼ -1.25 (-6.72%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	341.05 ▼ -21.04 (-5.81%)
AKD Hospitality / Aug 7 AKD Hospitality Limited(AKDHL)	150.79 ▼ -9.21 (-5.76%)
Dadabhoy Cement / Aug 7 Dadabhoy Cement Industries Limited(DBCI)	14.47 ▼ -0.88 (-5.73%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	161,177,862 ▲ 0.69
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	52,334,090 ▲ 0.46
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,216,535 ▲ 0.59
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,061,794 ▲ 0.32
Nishat Chun.Pow. / Aug 7 Nishat Chunian Power Limited(NCPL)	18,254,792 ▲ 0.7
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,207,765 ▼ -0.2
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,156,912 ▼ -0.39
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,781,842 ▲ 0.35
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,582,914 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,492,335 ▼ -1.02

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