News Archives for Business & Finance - 2026-01-12

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Business & Finance - 2026-01-12

Financial

India to sell 130 billion Indian rupees of new 50-year paper on January 16, central bank says

The new government security that matures on January 19, 2076 is India’s third issuance of a new 50-year paper

Published 12 Jan, 2026 08:05pm

Stocks

Saudi leads Gulf stocks higher; Egypt extends rally to record high

Saudi Arabia’s benchmark stock index gained 1.3%

Published 12 Jan, 2026 07:42pm

Companies

Paramount to nominate directors for election at Warner Bros Discovery, files lawsuit

It comes days after Paramount reiterated that its $108.4 billion bid for Warner Bros Discovery

Published 12 Jan, 2026 07:36pm

Technology

India’s HCLTech beats quarterly revenue view on banking, technology boost

Fiscal year 2026, the company narrowed its revenue growth forecast to 4% to 4.5% from 3% to 5% previously

Published 12 Jan, 2026 06:22pm

Financial

India bonds up on state supply cut, Index entry buzz

Benchmark 10-year bond yield settled at 6.6050%

Published 12 Jan, 2026 06:01pm

Markets

EU offers China alternative to tariffs in electric cars dispute

The EU in 2024 slapped tariffs of up to 35.3 percent on EVs imported from China

Published 12 Jan, 2026 05:48pm

Money & Banking

US Fed chief warns of ‘intimidation’ after criminal subpoenas

The us Fed has a dual mandate to keep prices stable and unemployment low

Published 12 Jan, 2026 05:44pm

Companies

Pakistan’s Jazz appoints AI chief amid corporate identity revamp

CAIO will accelerate practical and responsible AI development

Published 12 Jan, 2026 05:28pm

Stocks

Sri Lankan shares snap 12-session winning run as utility stocks drag

CSE All-Share index settled 0.19% lower at 23,608.51 points

Published 12 Jan, 2026 05:27pm

Commodities

Palm ends higher on strong export demand, anticipation of weaker output

Dalian’s most-active soyoil contract gained 0.3%

Published 12 Jan, 2026 05:18pm

South Asia

India and US actively engaging on trade, next call on January 13, new envoy says

“Both sides continue to actively engage. In fact, the next call on trade will occur tomorrow,” Gor said

Published 12 Jan, 2026 05:12pm

Companies

Uniper signs long-term offtake agreement on green ammonia with India’s AM Green

This agreement with AM Green is a key building block in our strategy to provide our customers with reliable access to renewable and low carbon molecules at scale

Published 12 Jan, 2026 05:03pm

Business & Finance

Pakistan to establish 14,590-acre Port Qasim Industrial Complex

The government on Monday rolled out a long-term master plan to establish a Port Industrial Complex at Port Qasim, a...

Published 12 Jan, 2026 05:02pm

Commodities

India’s December retail inflation rises to 1.33% y/y

Food prices fell 2.71% year-on-year in December against a decline of 3.91% year-on-year in November

Published 12 Jan, 2026 04:52pm

Markets

India’s TCS beats quarterly revenue estimate on AI-led demand

“AI services now generate $1.8 billion in annualized revenue,” TCS said

Published 12 Jan, 2026 04:50pm

Energy

Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery, sources say

The trading firms are scrambling to secure ships, moving swiftly to sell the Venezuelan oil

Published 12 Jan, 2026 04:47pm

Markets

India steel exports grow by a third between April-December, govt data shows

The levy, locally known as a safeguard duty, will be imposed at 12% followed by 11.5% in the second year and 11% in the third year

Published 12 Jan, 2026 04:40pm

Markets

Indian banks’ third-quarter earnings to get loan growth, asset quality boost

Net interest income is likely to see a sequential uptick in the December quarter, driven by better loan growth

Published 12 Jan, 2026 04:36pm

Business & Finance

PTCL announces key management change

Pakistan Telecommunication Company Limited (PTCL) announced on Monday the change in the management of the company....

Updated 13 Jan, 2026 07:46am

South Asia

Germany’s Merz floats possibility of EU-India trade deal by end of January

“In any case, they will take another major step forward to ensure that this free trade agreement comes into being,” Merz said

Published 12 Jan, 2026 04:31pm

Forex

Indian rupee ends flat, caught between softer dollar and corporate hedging

Indian rupee closed at 90.1525 per dollar, little changed from 90.1625 in the previous session

Published 12 Jan, 2026 04:26pm

Stocks

Indian shares snap losing streak as US envoy’s remarks soothe tariff woes

Nifty 50 rose 0.42% to 25,790.25, while the Sensex added 0.36% to 83,878.17 at the end of trade

Published 12 Jan, 2026 04:23pm

Forex

RBI’s $10 billion FX swap to sail through on arbitrage, corporate demand, bankers say

The swap should sail through, with bids likely north of $15 billion. An arbitrage of about 25–30 basis points will draw in offshore players

Published 12 Jan, 2026 04:20pm

Business & Finance

Ahsan Iqbal flags Pakistan’s ‘alarming’ population growth

At current rate, Pakistan's population is expected to reach 400mn by 2050, warns minister

Published 12 Jan, 2026 02:04pm

Forex

Indian rupee dragged by weak equities, hovers near record-low levels against yuan

The rupee was at 90.20 per dollar

Published 12 Jan, 2026 01:52pm

Markets

Apple leads global smartphone market with 20% share in 2025, says Counterpoint

Apple led the market with a 20% share, the largest among the top five brands

Published 12 Jan, 2026 01:47pm

Stocks

European shares slip as banks slide on Trump’s credit card fee cap plan

The pan-European STOXX 600 slipped 0.2%

Published 12 Jan, 2026 01:42pm

Technology

AI boom: Pakistan must invest to stay relevant, says Tigris Data CEO

Any serious push into AI, being extremely energy intensive, would require sustained investment in clean and reliable energy sources, says Silicon Valley tech veteran

Updated 12 Jan, 2026 02:38pm

Markets

Meta urges Australia to change teen social media ban

Australia has required big platforms including Meta, TikTok and YouTube to stop underage users from holding accounts

Published 12 Jan, 2026 01:22pm

Financial

Gold per tola reaches record-high in Pakistan

Gains Rs7,700 during the day

Published 12 Jan, 2026 01:20pm

Markets

Reliance Industries pauses battery cell plans in India, Bloomberg News reports

Reliance Industries did not immediately respond to Reuters' request for a comment outside regular business hours

Published 12 Jan, 2026 12:27pm

Commodities

Copper gains as China plans policy package to spur consumer demand

The benchmark touched its all-time high at $13,387.5 on January 6

Published 12 Jan, 2026 12:12pm

Stocks

Australian shares rise, banks and consumer discretionary stocks lead gains

The S&P/ASX 200 index rose 0.8% to 8,785.90 points

Published 12 Jan, 2026 12:10pm

Forex

Australia, NZ dollars firm as greenback falters, domestic data cheers

In order to extend the rally, the currency needs to reclaim the 15-month peak of $0.6766 logged last week

Published 12 Jan, 2026 12:09pm

Commodities

Iron ore gains as China pledges package of stimulus polices

The benchmark February iron ore on the Singapore Exchange was 0.54% higher at $109.05 ton

Published 12 Jan, 2026 11:36am

Commodities

Chicago soybeans, corn slip ahead of USDA report; wheat gains

The most-active soybean contract on the Chicago Board of Trade (CBOT) fell 0.05% to $10.62 a bushel

Published 12 Jan, 2026 11:21am

Stocks

China stocks hit decade high as AI, commercial space shares surge; Hong Kong gains

Hong Kong benchmark Hang Seng was up 0.9%

Published 12 Jan, 2026 11:17am

Forex

China’s yuan climbs to fresh 32-month high as PBOC signals measured appreciation

The yuan strengthened 4.5% against the dollar last year for its best annual performance since 2022

Published 12 Jan, 2026 11:10am

Mutual Funds

India bonds rise as states cut supply in weekly auction

The benchmark 10-year 6.48% 2035 bond yield was at 6.6263%

Published 12 Jan, 2026 11:07am

Markets

Thai exports seen up 2% to 4% in 2026, shippers’ group says

Exports, a key driver of Thailand's economy increased 12.6% year-on-year in the first 11 months of 2025

Published 12 Jan, 2026 11:05am

Markets

TSMC Q4 profit poised to soar 27% as AI demand drives growth

SmartEstimates place greater weight on forecasts from analysts who are more consistently accurate

Published 12 Jan, 2026 10:59am

Energy

Goldman projects lower oil prices in 2026 as supply swells

The investment bank maintained its 2026 average price forecasts of $56/$52 per barrel for Brent/WTI

Published 12 Jan, 2026 10:46am

Markets

Vietnam central bank cuts credit growth target to 15% after warnings on asset bubbles

Last year, the country reported rapid credit growth of about 20%, as authorities sought to support economic expansion

Published 12 Jan, 2026 10:41am

Exchange

Rupee registers gain against US dollar

Currency settles at 280.01 against greenback

Updated 12 Jan, 2026 07:49pm

Stocks

India’s markets dip amid persistent US tariff fears and foreign outflows

The Nifty 50 slipped 0.41% to 25,578.16, while the Sensex fell 0.49% to 83,167.82

Published 12 Jan, 2026 10:33am

Commodities

Malaysia’s palm oil stocks surge to over 3 mln tons in December, hitting 7-year high

Crude palm oil production was down 5.46% from a month earlier to 1.83 million tons

Published 12 Jan, 2026 10:24am

Business & Finance

JS Investments appoints CEO, chairman of Board of Directors

Board also approves budget for the year ending December 31, 2026

Published 12 Jan, 2026 09:54am

Stocks

PSX tumbles over 2,000 points amid selling pressure

Benchmark index settled at 182,384.14

Updated 12 Jan, 2026 05:07pm

Stocks

Stocks wobble, dollar tips as Trump-Fed feud deepens

MSCI’s broadest index of Asia-Pacific shares outside Japan crept 0.5% higher

Published 12 Jan, 2026 08:14am

Cotton & Textile

Heimtextil 2026 from tomorrow: Quality cotton prices stable amid limited trading

KARACHI: The world’s largest textile products exhibition, Heimtextil, is being held in the German city of ...

Published 12 Jan, 2026 08:13am

Forex

Dollar reels on criminal probe into Fed chair Powell

The dollar index , which measures the greenback's strength against a basket of six currencies, was last 0.3% lower at 98.899, snapping a five-day winning streak

Published 12 Jan, 2026 08:04am

Bullion Rate

Gold edges past $4,600/oz as Powell-Trump rift stokes safe-haven demand

Bullion hit a record high of $4,600.33 earlier in the day

Updated 12 Jan, 2026 10:28am

Energy

Oil dips as investors assess Iran supply, Venezuelan export resumption

Brent crude futures lost 28 cents, or 0.44%, to $63.06 a barrel

Updated 12 Jan, 2026 07:28pm

Commodities

Prices of essential food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities was witnessed in the retail market. Some food items...

Published 12 Jan, 2026 07:52am

Energy

FESCO achieves excellent performance in NEPRA’s Annual HSE Award

FAISALABAD: Faisalabad Electric Supply Company (FESCO) has achieved excellent performance in the National Electric...

Published 12 Jan, 2026 07:47am

World

Rare earths: US to push for quicker action in reducing reliance on China

WASHINGTON: US Treasury Secretary Scott Bessent will urge Group of Seven nations and others to step up their efforts...

Updated 12 Jan, 2026 09:34am

World

Canada’s Carney plans to talk trade, relations during China visit

MONTREAL: Prime Minister Mark Carney on Tuesday will begin a state visit to China, the first in eight years for a...

Published 12 Jan, 2026 07:24am

Industry

HCSTSI assails power tariff rise

HYDERABAD: Muhammad Saleem Memon, President of the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI),...

Published 12 Jan, 2026 05:55am

Pakistan

KP shifts payments for 43 public services to cashless system

PESHAWAR: In a major step towards transparency and ease of payments in public service delivery, the Khyber...

Updated 12 Jan, 2026 07:41am

Business & Finance

India smartphone security proposals worry tech companies

NEW DELHI: India proposes requiring smartphone makers to share source code with the government and make several...

Published 12 Jan, 2026 05:55am

Business & Finance

Country wins ‘best mixed weaving design’ award

LAHORE: Pakistan has earned international acclaim by winning the Best Mixed Weaving Technique Design Award at the...

Published 12 Jan, 2026 05:55am

Business & Finance

PRA seals three outlets for non-compliance

LAHORE: The Punjab Revenue Authority (PRA) has intensified enforcement operations across the province to curb tax...

Published 12 Jan, 2026 05:55am

Business & Finance

SITE Industrial Zone: concern voiced over poor road conditions

HYDERABAD: Chairman of the Hyderabad SITE Association of Trade and Industry, Zubair Ghangra, has expressed deep...

Published 12 Jan, 2026 05:55am

Business & Finance

PBA congratulates banking industry on historic performance

KARACHI: The Pakistan Banks’ Association (PBA) extended its heartiest congratulations to the entire banking...

Published 12 Jan, 2026 05:55am

World

India eyes new markets with US trade deal limbo

MUMBAI: India is aggressively seeking trade deals to open markets for exporters and soften the blow of steep US...

Published 12 Jan, 2026 05:39am

Energy

Egypt signs renewable energy deals worth USD1.8bn

CAIRO: Egypt has signed renewable energy deals worth a combined USD1.8 billion, state TV reported on Sunday. Among...

Published 12 Jan, 2026 05:00am

World

Trump says no more Venezuelan oil, money to go to Cuba

BENGALURU: US President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested ...

Published 12 Jan, 2026 04:59am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 30	278.01
USD PKR Interbank Buying / Jul 30	277.81
USD to Japanese Yen / Jul 30	163.49
USD to Swiss Franc / Jul 30	0.82
Pound Sterling to USD / Jul 30	1.34
Euro to USD / Jul 30	1.15
SOFR % / Jul 30	3.64

Stock	Volume
S&P 500 / Jul 29	7,316.15
Nasdaq / Jul 29	24,442.94
Dow Jones / Jul 29	51,594.14
India Sensex / Jul 30	77,633.29
Tokyo Nikkei / Jul 30	61,685.46
Hang Seng / Jul 30	25,767.58
FTSE 100 / Jul 30	10,955.75
Germany DAX 30 / Jul 30	25,419.60
France CAC40 / Jul 30	8,463.43

Item	Value
Crude Oil USD/Barrel / Jul 30	84.39
Karachi Cotton PKR/37.32 KG / Jul 30	18,480
Gold 10 Grams PKR / Jul 30	366,457
Gold Spot USD/Ounce / Jul 30	4,044.93
Cotton US¢/pound / Jul 30	79.59
Petrol/Litre / Jul 31	336.15
Diesel/Litre / Jul 31	393.04

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jul 30 Wasl Mobility Modaraba(WASL)	6.92 ▲ 1 (16.89%)
Trust Sec.& Brok. / Jul 30 Trust Securities & Brokerage Limited(TSBL)	2.56 ▲ 0.29 (12.78%)
Paramount Spinning / Jul 30 Paramount Spinning Mills Limited(PASM)	12.17 ▲ 1.11 (10.04%)
Cresent Jute / Jul 30 Crescent Jute Products Limited(CJPL)	23.16 ▲ 2.11 (10.02%)
Oilboy Energy / Jul 30 Oilboy Energy Limited(OBOY)	19.65 ▲ 1.79 (10.02%)
Premier Insurance / Jul 30 Premier Insurance Limited(PINL)	12.19 ▲ 1.11 (10.02%)
UDL International / Jul 30 UDL International Limited(UDLI)	20.43 ▲ 1.86 (10.02%)
Trust Mod. / Jul 30 Trust Modaraba(TRSM)	21.99 ▲ 2 (10.01%)
Zahid Jee Textile / Jul 30 Zahidjee Textile Mills Limited(ZAHID)	82.57 ▲ 7.51 (10.01%)
Aisha Steel(ConPS) / Jul 30 Aisha Steel(ConPS)(ASLPS)	35.42 ▲ 3.22 (10%)

Stock	Price
Siddiqsons Tin / Jul 30 Siddiqsons Tin Plate Limited(STPL)	9.16 ▼ -1.02 (-10.02%)
Dadabhoy Cement / Jul 30 Dadabhoy Cement Industries Limited(DBCI)	22.67 ▼ -2.52 (-10%)
Din Tex. / Jul 30 Din Textile Mills Limited(DINT)	67.25 ▼ -5.65 (-7.75%)
Kohat Textile / Jul 30 Kohat Textile Mills Limited(KOHTM)	121.01 ▼ -9.77 (-7.47%)
Habib Insurance / Jul 30 Habib Insurance Company Limited(HICL)	12.23 ▼ -0.93 (-7.07%)
Khairpur Sug. / Jul 30 Khairpur Sugar Mills Limited(KPUS)	1,118.98 ▼ -84.46 (-7.02%)
TPL Trakker Ltd / Jul 30 TPL Trakker Limited(TPLT)	27.40 ▼ -1.95 (-6.64%)
JS Investments / Jul 30 JS Investments Limited(JSIL)	42.81 ▼ -3.02 (-6.59%)
Jubilee Spinning / Jul 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	50 ▼ -3.28 (-6.16%)
Prosperity Weav / Jul 30 Prosperity Weaving Mills Limited(PRWM)	64 ▼ -4.05 (-5.95%)

Stock	Volume
Trust Sec.& Brok. / Jul 30 Trust Securities & Brokerage Limited(TSBL)	174,575,153 ▲ 0.29
WorldCall Telecom / Jul 30 Worldcall Telecom Limited(WTL)	32,204,885 ▲ 0
Pak Int.Bulk / Jul 30 Pakistan International Bulk Terminal(PIBTL)	32,035,684 ▲ 0.23
Cnergyico PK / Jul 30 Cnergyico PK Limited(CNERGY)	28,337,199 ▼ -0.15
Waves Home Appliances / Jul 30 Waves Home Appliances Limited(WAVESAPP)	20,795,264 ▲ 0.14
K-Electric Ltd. / Jul 30 K-Electric Limited(KEL)	18,426,672 ▼ -0.12
Pak Stock Exchange / Jul 30 Pakistan Stock Exchange Limited(PSX)	17,654,219 ▲ 1.79
Siddiqsons Tin / Jul 30 Siddiqsons Tin Plate Limited(STPL)	16,641,180 ▼ -1.02
Oilboy Energy / Jul 30 Oilboy Energy Limited(OBOY)	16,412,491 ▲ 1.79
Bank Al-Falah / Jul 30 Bank Alfalah Limited(BAFL)	15,848,375 ▲ 0.6

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