News Archives for Business & Finance - 2026-01-14

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Business & Finance - 2026-01-14

Companies

Karachi gas supplies normalised after restoration of 30mmcfd: SSGC

The utility says gas pressures has significantly improved from 5:00am to 10:00pm across Karachi

Updated 15 Jan, 2026 08:10am

Business & Finance

Cabinet reviews new currency note designs, forms committee for further deliberation

The cabinet also considered a draft of the Private Hajj Policy 2027-2030

Published 14 Jan, 2026 09:19pm

Technology

inDrive partners with Krave Mart to launch grocery delivery

The new service allows users to order daily essentials directly through the inDrive app

Updated 15 Jan, 2026 08:10am

Stocks

Most Gulf markets retreat on geopolitical woes

Dubai’s main share index gave up early gains to conclude 0.9% higher
Saudi Arabia’s benchmark index rose 0.5%

Published 14 Jan, 2026 06:51pm

Business & Finance

Appellate tribunal upholds CCP action against misleading ice cream claims

CCP had said Unilever Pakistan and FrieslandCampina Engro mislead consumers by advertising frozen desserts as ice cream

Updated 14 Jan, 2026 07:38pm

Stocks

Sri Lanka shares end higher with broad based gains

CSE All-Share index settled 0.43% higher at 23,708.70 points

Published 14 Jan, 2026 05:10pm

Financial

Indian bonds slump to more than 3-week low as selloff continues after index snub

Benchmark 10-year bond yield ended at 6.6498%

Published 14 Jan, 2026 05:08pm

Markets

India’s Shriram Finance gets shareholders’ nod for MUFG deal-linked proposals, sources say

MUFG acquired a 20% stake in Shriram Finance for $4.4 billion

Published 14 Jan, 2026 05:03pm

Markets

India’s central bank allows Japan’s Sumitomo Mitsui Banking to set up local unit

SMBC, which last year picked up a 24% stake in Indian lender Yes Bank, was so far operating in India through a branch

Published 14 Jan, 2026 05:00pm

Markets

India’s HDB Financial posts higher profit on strong credit demand

The company’s interest income rose 13% year-on-year to 39.89 billion Indian rupees

Published 14 Jan, 2026 04:56pm

Business & Finance

Multi-million-dollar makeover planned for Karachi’s Ziarat Hasan Shah Island

The project is estimated to cost between $3.6-5.3 million

Published 14 Jan, 2026 04:42pm

Commodities

Palm extends losses as Indonesia scraps B50 biodiesel plan

Dalian’s most-active soyoil contract fell 0.12%

Published 14 Jan, 2026 04:40pm

Technology

India’s Infosys beats Q3 revenue view; ups annual forecast range

The company revised its fiscal ending 2026 revenue growth forecast upwards to 3%-3.5%

Published 14 Jan, 2026 04:30pm

Business & Finance

Pakistan’s economy in 2025: Strong remittances fueled imports but exports suffered

There continues to be a reliance on imports for consumption rather than investment in export-oriented industries

Updated 14 Jan, 2026 06:40pm

Commodities

Copper pulls back from record on concern about physical demand

Benchmark three-month copper on the London Metal Exchange slipped 0.1% to $13,176.50 per metric ton

Published 14 Jan, 2026 04:25pm

Companies

Germany’s DEG makes maiden bet on India debt fund via Vivriti’s GIFT City vehicle, sources say

Narendra Modi is pitching GIFT City as a finance hub to rival centres like Dubai and Singapore

Published 14 Jan, 2026 04:23pm

Energy

Indian Oil buys its first Ecuadorean oil via tender, sources say

A reduction in Russian oil imports will also help New Delhi’s negotiations of a trade deal with Washington

Published 14 Jan, 2026 04:14pm

Commodities

India’s Dec quarter cotton imports soar amid duty-free import push

New Delhi exempted cotton imports from the 11% duty during the December quarter

Published 14 Jan, 2026 04:08pm

Stocks

Indian share benchmarks slip on US tariff, foreign outflow woes

Nifty 50 fell 0.26% to 25,665.6 and the Sensex shed 0.29% to 83,382.71

Published 14 Jan, 2026 04:04pm

Forex

Indian rupee ends marginally down, far forward premiums drift higher

Indian rupee closed at 90.2950 per dollar, down slightly from its close of 90.19 in the previous session

Published 14 Jan, 2026 04:01pm

Business & Finance

Telecom operators raise serious concerns over PTA’s Information Memorandum

As per IM, telecom operators will be required to undertake aggressive rollout obligations, including the installation of at least 1,000 new cell sites every year

Updated 14 Jan, 2026 04:15pm

Technology

Pakistan, World Liberty Financial affiliate ink MoU to boost digital payments

WLF is the main crypto business of the family of US President Donald Trump
Sources say WLF will work with Pakistan’s central bank to integrate its USD1 stablecoin into a regulated digital ‍payments structure

Updated 14 Jan, 2026 03:40pm

Markets

Toyota raises offer for Toyota Industries by 15%

The Japanese automaker had previously offered 16,300 yen per share - 2,500 yen less than the newly disclosed price - in a deal announced in June

Published 14 Jan, 2026 01:52pm

Companies

Pakistani pharma Searle appoints chairman

Also appoints Zubair Razzak Palwala as a member of the Audit Committee

Published 14 Jan, 2026 01:45pm

Financial

Gold per tola reaches record-high for 3rd consecutive day in Pakistan

Gains Rs4,300 during the day

Published 14 Jan, 2026 01:08pm

Stocks

Miners, energy stocks hold Australian benchmark at 2-month closing high

The S&P/ASX 200 finished 0.14% higher at 8,820.60 points

Published 14 Jan, 2026 12:25pm

Forex

Australia, NZ dollars seesaw on greenback, keep climbing on yen

The Aussie was holding at $0.6687, having retreated from a top of $0.6727 overnight

Published 14 Jan, 2026 12:23pm

Markets

Pakistan to partner with World Liberty Financial on dollar-linked stablecoin, source says

The deal represents one of the first publicly announced tie-ups between World Liberty, ‌a crypto-based finance platform launched in September 2024

Published 14 Jan, 2026 12:14pm

Forex

Thai baht/US dollar weaker on Wednesday

The baht was 0.11% lower at 31.52 versus the dollar, after trading in a range of 31.480 to 31.560

Published 14 Jan, 2026 12:07pm

Stocks

Japan’s Nikkei hits record high; bonds, yen drop on stimulus speculation

The Nikkei was up 1.5% at 54,364.54

Published 14 Jan, 2026 12:01pm

Business & Economy

Pakistan to roll out first Panda bond in coming weeks, says Aurangzeb

Finance Minister acknowledged that some firms have exited Pakistan

Updated 14 Jan, 2026 12:59pm

Commodities

Palm rises on stronger Chicago soyoil, weak Dalian caps gains

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 32 ringgit, or 0.79%, to 4,096 ringgit

Published 14 Jan, 2026 11:54am

Bullion Rate

Spot silver breaks through $90 per ounce for first time

Spot silver jumped above the key $90 an ounce level for the first time as soft US inflation data

Published 14 Jan, 2026 11:52am

Commodities

Iron ore firms as China’s ore imports, steel exports hit record highs

SINGAPORE: Iron ore futures edged up on Wednesday after China reported its highest ever monthly imports of the...

Published 14 Jan, 2026 11:42am

Energy

China’s 2025 oil imports, December inflows both hit record highs

In addition, daily crude oil import volumes hit all-time highs in both December and for all of 2025

Published 14 Jan, 2026 11:37am

Forex

China’s yuan holds steady after upbeat December trade data

China’s December exports rose 6.6% from a year earlier in dollar terms

Published 14 Jan, 2026 11:36am

Mutual Funds

Indian bonds extend fall as index snub continues to bite

The benchmark 10-year 6.48% 2035 bond yield was at 6.6399%

Published 14 Jan, 2026 11:34am

Stocks

Mainland China and Hong Kong stocks advance on upbeat trade data

The blue-chip CSI300 index gained 1.08%

Published 14 Jan, 2026 11:24am

Commodities

Copper hits a new record high as supply concern outweighs dollar strength

Benchmark three-month copper on the London Metal Exchange advanced 1.55% to $13,367.5 per ton

Published 14 Jan, 2026 11:18am

Commodities

Soybeans firm after losses, strong Chinese demand supports

The most-active soybeans contract on the Chicago Board of Trade (CBOT) added 0.29% to $10.41-3/4 a bushel

Published 14 Jan, 2026 11:16am

Markets

Coca-Cola scraps Costa Coffee sale, FT reports

The US beverage giant ended talks with remaining bidders in December

Published 14 Jan, 2026 11:12am

Mutual Funds

Vietnam raises $70.4mn in government bond auction

The uptake was also higher, with 14.8% of the bonds on offer sold, compared with only 9.1% last week

Published 14 Jan, 2026 10:46am

Markets

China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt

Outbound shipments from the world's second-biggest economy grew 6.6% in value terms year-on-year in December

Published 14 Jan, 2026 10:44am

Business & Finance

Pakistan, UAE move closer to Comprehensive Economic Partnership Agreement

Pakistan and the United Arab Emirates (UAE) agreed to fast-track negotiations on their proposed Comprehensive...

Updated 14 Jan, 2026 01:23pm

Markets

Gold near record-highs on Fed rate cut bets; silver cracks $90

Spot gold rose 0.9% to $4,627.95 per ounce

Published 14 Jan, 2026 10:31am

Exchange

Rupee settles below 280 against US dollar

Currency settles at 279.97 against greenback

Updated 14 Jan, 2026 07:56pm

Stocks

Selling engulfs bourse, KSE-100 sheds over 1,400 points

Benchmark index settles at 182,569.81

Updated 14 Jan, 2026 05:56pm

Taxes

Mismatching federal, provincial classification systems troubling taxpayers seeking refunds

KARACHI: The mismatch between federal and provincial classification systems is generating significant practical...

Published 14 Jan, 2026 08:13am

Pakistan

Canada, UK: PIA launches ‘Air-to-Rail’ facility for travellers

KARACHI: PIA, for the convenience of its passengers travelling to Toronto and destinations in the United Kingdom, ...

Published 14 Jan, 2026 08:09am

Pakistan

Sindh govt not to purchase seeds from private sector

KARACHI: The Sindh government has decided that instead of purchasing agricultural seeds from the private sector, it...

Published 14 Jan, 2026 08:05am

Pakistan

SECP identifies illegal online trading platforms

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has identified illegal online trading platforms...

Published 14 Jan, 2026 08:03am

Forex

Indian rupee risks slipping past support after US inflation lifts dollar

The 1-month non-deliverable forward indicated the rupee will open in the 90.26-90.30 range versus the US dollar

Published 14 Jan, 2026 08:00am

Markets

Trump flips off antagonizing worker at Ford plant in Michigan

The entertainment site TMZ first published video capturing the exchange, and the White House did not dispute its authenticity

Published 14 Jan, 2026 07:56am

Pakistan

Telecom sector: Senate panel expresses concern over governance issues

ISLAMABAD: Serious concerns over governance and accountability in the telecom and digital sectors came under sharp...

Published 14 Jan, 2026 07:52am

Stocks

India stock benchmarks set for muted start as foreign selling, firm crude weigh

Gift Nifty futures were trading at 25,752.5 points

Published 14 Jan, 2026 07:44am

Forex

Dollar rebounds with CPI data in line, bankers back Powell

The US dollar index , which measures the greenback's strength against a basket of six currencies, was last up 0.3% at 99.18

Published 14 Jan, 2026 07:42am

Pakistan

‘Agriculture Lab on Wheels’ to provide services at farmers’ doorsteps

LAHORE: On the directions of Chief Minister Punjab Maryam Nawaz Sharif, the provincial government has decided to...

Published 14 Jan, 2026 07:38am

Energy

Oil climbs on concerns over potential supply disruption in Iran amid threats

Brent futures were up 84 cents, or 1.3%, at $66.31 a barrel

Updated 14 Jan, 2026 04:37pm

Stocks

Asian stocks inch higher, fragile yen spurs intervention worries

That led to a sharp rebuke from Powell and global central bank officials later issued a coordinated statement of on Tuesday

Published 14 Jan, 2026 07:32am

Business & Finance

Aurangzeb briefs Icoin Tech on digital asset framework

ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb on Tuesday briefed the delegation of Icoin Technology Inc on...

Published 14 Jan, 2026 05:56am

Companies

Visa, easypaisa Digital Bank enter into strategic partnership

KARACHI: Visa and easypaisa Digital Bank have signed a strategic agreement to strengthen their collaboration with a...

Published 14 Jan, 2026 05:56am

Taxes

FCC hears appeals on levy of Super Tax under Sec 4C

ISLAMABAD: The Federal Constitutional Court (FCC) was told on Tuesday that the legislature could not be deemed to...

Published 14 Jan, 2026 05:56am

Business & Finance

Pakistan, KSA deepen mining cooperation, explore joint investment scope

KARACHI/ ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik is in Riyadh leading Pakistani delegation at...

Published 14 Jan, 2026 05:56am

Stocks

PSX hosts gong ceremony in honour of CPBC President Samir Dossal

KARACHI: Samir Dossal, President of the Canada Pakistan Business Council (CPBC), performed the ceremonial market...

Published 14 Jan, 2026 05:56am

Industry

PFMA warns of looming flour crisis in Punjab

LAHORE: The Pakistan Flour Mills Association (PFMA) has warned of a worsening flour supply situation amid rising...

Published 14 Jan, 2026 05:56am

Industry

PTEA advocates for structural reforms to restore competitiveness, fuel economic growth

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to undertake immediate...

Published 14 Jan, 2026 05:56am

Business & Finance

Punjab PA speaker briefs business delegation

LAHORE: Speaker of the Punjab Assembly, Malik Muhammad Ahmad Khan, held a meeting with a 20-member global business...

Published 14 Jan, 2026 05:56am

Pakistan

Govt allows kinnow, potato exports following CM Punjab’s efforts

LAHORE: Owing to the special efforts of Chief Minister Punjab Maryam Nawaz Sharif, the federal government has...

Published 14 Jan, 2026 05:56am

Industry

LCCI President greets growing interest in defence exports

LAHORE: President of the Lahore Chamber of Commerce and Industry, Faheem Ur Rehman Saigol, has termed the growing...

Published 14 Jan, 2026 05:56am

Pakistan

FTO orders to deal complaints of overseas Pakistanis with on priority basis

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued instructions to the FTO Secretariat that complaints of...

Updated 14 Jan, 2026 08:27am

Industry

Global Procurement & Supply Chain Summit held

KARACHI: Global Procurement & Supply Chain Summit (GPS 2026) was held on 13 January 2026 in Karachi, with senior...

Updated 14 Jan, 2026 07:31am

Companies

KE, Naya Nazimabad ink MoU for 132kV grid station

KARACHI: Naya Nazimabad and K-Electric (KE) have signed an agreement to build a 132 kV grid station in housing...

Published 14 Jan, 2026 05:56am

Industry

Mauritian HC visit KCCI; urges to restore Preferential Trade Agreement

KARACHI: High Commissioner of the Republic of Mauritius, Munsoo Kurrimbaccus has underscored the need for collective...

Updated 14 Jan, 2026 07:30am

Business & Finance

PM meets Ericsson delegation

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday emphasised Pakistan’s interest in harnessing Ericsson’s global...

Published 14 Jan, 2026 05:56am

Agriculture and Allied

Punjab potato surplus: farmers urge early export policy

LAHORE: Export arrangements should be finalised at the earliest to absorb Punjab’s surplus potato crop which is at...

Published 14 Jan, 2026 05:56am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	278.02
USD PKR Interbank Buying / Jul 29	277.82
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 29	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
Karachi Cotton PKR/37.32 KG / Jul 29	18,480
Gold 10 Grams PKR / Jul 29	365,600
Petrol/Litre / Jul 30	335.06
Crude Oil USD/Barrel / Jul 30	84.39
Gold Spot USD/Ounce / Jul 30	4,044.93
Diesel/Litre / Jul 30	390.62
Cotton US¢/pound / Jul 30	79.59

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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