News Archives for Business & Finance - 2025-10-07

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Business & Finance - 2025-10-07

Business & Finance

India’s September fuel demand drops to one-year low

India’s fuel consumption hit one-year low in September, slipping by half percentage point month on month to 18.63...

Published 07 Oct, 2025 11:18pm

Money & Banking

India’s central bank proposes changes to credit risk rules for lenders

BENGALURU: The Reserve Bank of India on Tuesday proposed changes to the way banks assign risk weightage to loans and...

Published 07 Oct, 2025 08:21pm

Energy

Traders seek yuan payment from Indian state buyers of Russian oil, sources say

NEW DELHI/SINGAPORE: Traders offering Russian oil have begun asking Indian state refiners to pay in Chinese yuan,...

Published 07 Oct, 2025 08:17pm

Markets

Experts call for policy reforms to accelerate green auto transition

Industry leaders and experts have urged Pakistan to accelerate its shift towards green mobility through consistent...

Updated 07 Oct, 2025 10:28pm

South Asia

Indian states sign more coal power deals to meet rising demand

NEW DELHI/SINGAPORE: Indian state electricity distributors are signing long-term contracts with coal-fired power...

Published 07 Oct, 2025 05:37pm

Companies

India seeks details from Boeing after emergency system glitch on Air India jet, source says

NEW DELHI: India’s air safety regulator has sought more information from Boeing Co after an emergency power system...

Published 07 Oct, 2025 05:33pm

Companies

International Industries announces key appointments

International Industries Limited (IIL), one of Pakistan’s largest manufacturers and exporters of steel and polymer...

Published 07 Oct, 2025 04:05pm

Stocks

Stocks, bonds regain some poise, ‘political noise’ blunts underlying optimism

LONDON: Global stocks and bonds regained some stability on Tuesday, as political upheaval in France, Japan and the...

Published 07 Oct, 2025 02:33pm

Markets

Toyota to recall nearly 394,000 US vehicles over rearview camera issue, NHTSA says

Toyota Motor is recalling 393,838 vehicles in the U.S. due to a rearview camera issue that may fail to display,...

Published 07 Oct, 2025 01:24pm

Markets

India to roll out biometric authentication for instant digital payments from Wednesday, sources say

MUMBAI: India will allow users to approve payments made through popular domestic payments network, the Unified...

Published 07 Oct, 2025 01:05pm

Energy

Oil price fall turns up the heat on Big Oil’s bloated payouts

PARIS/LONDON: The five biggest global oil majors are moving to cut costs, jobs and share buybacks as falling oil...

Published 07 Oct, 2025 12:59pm

USA

Trump imposing new 25% large truck tariff starting Nov. 1

WASHINGTON: President Donald Trump said Monday that all medium- and heavy-duty trucks imported into the United...

Published 07 Oct, 2025 12:37pm

Interest Rates

Future policy rate cuts tied to flood impact, IMF review, says SBP Governor: report

Further policy rate cuts by the State Bank of Pakistan (SBP) will be determined by the economic fallout from recent...

Updated 07 Oct, 2025 10:02pm

Business & Finance

Pakistan’s GDP growth to remain modest at 2.6% in FY26 amid flood impact: World Bank

The multilateral lender estimates a 10% drop in Punjab agri output

Updated 07 Oct, 2025 10:13pm

Technology

Partnering with Germany’s Leica and USA’s Google Gemini: What is China’s Xiaomi up to?

Chinese smartphone giant Xiaomi is deepening its global strategy by partnering with Europe’s Leica - known for...

Published 07 Oct, 2025 11:12am

Companies

Pakistan’s HUBCO charts diversification path with smelter, SPM, and EV

Hub Power Company Limited (HUBCO), Pakistan’s largest independent power producer (IPP), is exploring multiple...

Published 07 Oct, 2025 10:49am

Markets

OpenAI declares ‘huge focus’ on enterprise growth with array of partnerships

SAN FRANCISCO: OpenAI touted new partnerships to incorporate its AI products across diverse industries at its...

Published 07 Oct, 2025 10:36am

Energy

IEA trims renewables outlook as US policy shifts and China auction reforms weigh

PARIS: The International Energy Agency on Tuesday cut its global forecast for renewable power growth by 2030 by 900...

Published 07 Oct, 2025 10:32am

Forex

Rupee treads water as frequent RBI intervention dulls appetite for short sellers

MUMBAI: The Indian rupee ended nearly unchanged on Tuesday after shuffling in a familiar range as traders held off...

Updated 07 Oct, 2025 11:34pm

Stocks

Indian shares gain as upbeat pre-earnings updates lift sentiment

The Nifty 50 rose 0.38% to 25,173.95, while the BSE Sensex added 0.41% to 82,125.81

Published 07 Oct, 2025 10:03am

Currency

Rupee registers gain against US dollar

Currency settles at 281.22 against the greenback

Updated 07 Oct, 2025 09:52pm

Bullion Rate

Goldman hikes December 2026 gold price forecast to $4,900/oz

Spot gold was trading around $3,960 per ounce

Published 07 Oct, 2025 10:00am

Markets

India’s auto sales rise 5.2% in September on GST, festive season boost

India’s auto sales grew 5.2% year-on-year in September, with strong sales across two-wheelers and passenger...

Published 07 Oct, 2025 09:56am

Stocks

Profit-taking continues as KSE-100 loses nearly 1,600 points

After a brief positive start, profit-taking returned to the Pakistan Stock Exchange (PSX) with the benchmark KSE-100...

Updated 07 Oct, 2025 11:23pm

Markets

Japan finance minister warns against forex volatility as yen weakens

TOKYO: Japanese Finance Minister Katsunobu Kato said on Tuesday that the government will be vigilant for volatile...

Published 07 Oct, 2025 09:40am

Technology

Tesla expected to unveil lower-cost Model Y in push to reignite sales

Tesla posted two clips on X over the weekend, igniting excitement among Tesla fans

Published 07 Oct, 2025 09:37am

Bullion Rate

Gold at all-time high on safe-haven demand, Fed rate cut bets

Spot gold was up 0.1% at $3,965.39 per ounce

Published 07 Oct, 2025 09:33am

Currency

Bitcoin hits new all-time record high

Bitcoin rose as high as $125,835.92 after climbing above $125,000 for the first time on Sunday

Published 07 Oct, 2025 09:31am

Stocks

Political jolts, US government shutdown casts cloud over markets

French OAT futures fell slightly in the early Asian session after bonds tumbled on Monday

Published 07 Oct, 2025 09:26am

Forex

Yen slides to 2-month low on Japan election angst

The yen slid 0.2% to 150.59 on the dollar and earlier touched 150.62, the weakest level since August 1

Published 07 Oct, 2025 09:21am

Energy

Oil slips on OPEC+ output hike, supply glut fears

HOUSTON: Oil prices fell on Tuesday as investors considered a smaller than expected increase to OPEC+ output in...

Updated 07 Oct, 2025 09:26pm

Money & Banking

Asian currencies: Peso, rupiah slide in thin Asia trade

BENGALURU: Philip pine equities dropped more than 1 percent and the peso weakened against the US dollar on Monday, ...

Published 07 Oct, 2025 07:11am

Technology

Bitcoin hovers near all-time high

NEW YORK: Bitcoin hovered near its record high on Monday as the world’s largest cryptocurrency by market value...

Published 07 Oct, 2025 07:01am

Companies

CCP approves SALIC’s acquisition of Olam Agri

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of a controlling...

Published 07 Oct, 2025 06:39am

Industry

FPCCI forms Business & Human Rights Desk with UNDP help

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that The Federation of Pakistan Chambers of Commerce and...

Published 07 Oct, 2025 06:35am

Taxes

‘FBR’s revenue shortfall reflects deep structural fiscal issues’

KARACHI: Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial...

Published 07 Oct, 2025 06:33am

Industry

PAAPAM supports govt’s revised used car import policy

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) strongly supports the...

Published 07 Oct, 2025 05:58am

Companies

National growth: NBP president emphasises role of financial ecosystems

KARACHI: Rehmat Ali Hasnie, President & CEO of National Bank of Pakistan (NBP), emphasised the crucial role of...

Published 07 Oct, 2025 05:58am

Pakistan

Sindh govt approves wheat release policy

KARACHI: The Sindh cabinet has approved releasing 1.265 million metric tons of wheat to flour mills and Chakkies at...

Published 07 Oct, 2025 05:58am

Industry

Sharp increase in trade deficit a national challenge for Pakistan: S M Tanveer

LAHORE: S M Tanveer, FPCCI Leader, has expressed deep concern over the latest trade figures for September 2025, ...

Updated 07 Oct, 2025 08:39am

Industry

TDAP, PSW organise programme for women entrepreneurs

SIALKOT: Trade Development Authority of Pakistan (TDAP), Women Entrepreneur Division, partnered with Pakistan Single...

Published 07 Oct, 2025 05:58am

Pakistan

Cantonment Boards: AGP flags ‘massive irregularities’

ISLAMABAD: In its audit report for 2024-25, the Auditor General of Pakistan pinpointed massive irregularities of...

Published 07 Oct, 2025 05:58am

Business & Finance

PM hails Bloomberg’s positive reports on Pak economy

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday welcoming Bloomberg’s recent positive report on Pakistan’s...

Published 07 Oct, 2025 05:58am

Business & Finance

Pakistan looks to unlock Saudi investment

ISLAMABAD: A Saudi business delegation is due in Pakistan this week to kick off what Islamabad hopes is a programme...

Published 07 Oct, 2025 05:58am

Business & Finance

Gold hits record high above USD3,900

NEW YORK: Gold surged to an all-time high above USD3,900 per ounce on Monday, buoyed by growing expectations of a...

Published 07 Oct, 2025 05:58am

Business & Finance

Agri Income Tax returns filing: Sindh Revenue Board announces one-month extension

KARACHI: The Sindh Revenue Board (SRB) has announced a one-month extension for filing Agricultural Income Tax...

Updated 07 Oct, 2025 08:45am

Taxes

FBR to send WhatsApp messages to taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) will send WhatsApp messages to taxpayers pertaining to return filing...

Updated 07 Oct, 2025 07:27am

Business & Finance

SECP, NTC ink MoU to enhance information sharing

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and the National Telecommunication Corporation...

Updated 07 Oct, 2025 07:24am

Business & Finance

KATI chief hails successes in Pakistan’s meat export sector

KARACHI: The President of the Korangi Association of Trade and Industry (KATI), Mohammad Ikram Rajput, has hailed...

Updated 07 Oct, 2025 08:44am

Taxes

1,442,601 women filers appearing on ATL: FBR

ISLAMABAD: A total of 1,442,601 women engaged in businesses/women entrepreneurs in Pakistan are filers of income tax...

Published 07 Oct, 2025 05:58am

Companies

Telenor-PTCL merger should end unsustainable price wars in Pakistan: Jazz

ISLAMABAD: “The Telenor-PTCL merger is an important milestone for Pakistan’s telecom industry, which has long...

Updated 07 Oct, 2025 08:43am

Money & Banking

Yen, euro slide against dollar

NEW YORK: The Japanese yen and euro weakened against the dollar on Monday on fiscal and political stability concerns...

Updated 07 Oct, 2025 07:11am

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 8	329.82
Diesel/Litre / Aug 8	382.36

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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