News Archives for Business & Finance - 2026-01-15

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Business & Finance - 2026-01-15

Business & Finance

Govt keeps petrol, diesel prices unchanged for next fortnight

The decision comes amid volatility in global oil markets

Published 15 Jan, 2026 10:46pm

Stocks

Gulf markets mixed amid geopolitical worries, profit-taking

Saudi Arabia’s benchmark index dropped 1.2%

Published 15 Jan, 2026 08:20pm

Markets

Pakistan startups secured over $74mn funding in 2025: report

Startups closed 16 deals of which 11 were disclosed

Published 15 Jan, 2026 08:16pm

Commodities

Coal India eyes rare earth pacts in Australia, Russia and Africa, unit exec says

We are collaborating with other companies for rare earth metals

Published 15 Jan, 2026 07:41pm

South Asia

India’s clean energy industry opposes revocation of connectivity over delays

India aims to add 500 GW of non-fossil capacity by 2030

Published 15 Jan, 2026 07:08pm

Business & Finance

SBP-held foreign exchange reserves rise $16m to $16.07bn

Total liquid foreign reserves of the country stand at $21.25 billion

Published 15 Jan, 2026 07:05pm

Companies

Mercedes India’s revenue hits fresh record on strong top-end luxury sales

A 23% decline in sales of Mercedes’ entry-segment cars in 2025 weighed on growth even as demand for its top-end models grew by 12%

Published 15 Jan, 2026 06:11pm

Business & Finance

India warns Apple it will proceed with antitrust case after company plays for time

Apple privately sought to pause the entire case while the penalty-rules dispute is before the court

Published 15 Jan, 2026 05:59pm

Commodities

Asia rice: Indian, Thai rates ease, Vietnam unchanged on less demand

Overseas buyers are postponing purchases, anticipating a price decline due to an abundant Indian crop

Published 15 Jan, 2026 05:54pm

Business & Finance

Blunt, smart, unignorable: Is Pakistan’s Gen Z ready to take over?

In the workplace, Gen Z wants immediate feedback for their work, and are blunt, smart and tech savvy, say experts

Published 15 Jan, 2026 05:29pm

Markets

India trade deficit edges up in December, exports to U.S. stay firm

Merchandise exports to the US edged down to $6.89 billion in December

Published 15 Jan, 2026 04:39pm

Commodities

Palm tumbles more than 1% as Indonesia drops B50 plans, rival oils weaken

Dalian’s most-active soyoil contract fell 0.68%

Published 15 Jan, 2026 04:32pm

Business & Finance

Beyond the Baraat: weddings generated Rs33bn for Karachi’s economy in 2025

Number of direct industries involved in wedding ceremonies ranges from 80 to 100

Updated 16 Jan, 2026 08:48am

South Asia

Billionaire Ambani, telcos spar with Adani’s Mumbai airport on mobile networks

Navi Mumbai International Airport denied the allegations
Dispute highlights the growing rivalry between India’s two richest men

Published 15 Jan, 2026 04:29pm

South Asia

Trade deal with EU close, says India trade secretary

The deal will open up India’s vast and guarded markets with more than 1.4 billion

Published 15 Jan, 2026 04:23pm

Companies

India court rules against Tiger Global in 2018 Walmart deal tax case

The legal dispute relates to how the US investment firm used the India–Mauritius tax treaty to claim tax exemptions

Published 15 Jan, 2026 04:18pm

Companies

Air India warns of possible disruptions to A350 routes after jet suffers engine damage

The aircraft is currently grounded for a thorough investigation and necessary repairs

Published 15 Jan, 2026 04:12pm

Business & Finance

Pakistan Customs enforces official bank rates, ends arbitrary shipping charges

Initiative expected to reduce cost pressures on traders, says FBR

Published 15 Jan, 2026 02:19pm

Commodities

Gold price per tola drops by Rs3,700 in Pakistan

International rate of gold declines by $37 to reach $4,601 per ounce

Updated 15 Jan, 2026 06:37pm

Companies

1Link and Trustdecision unveil “enterprise fraud defense: Pakistan’s next chapter”

1LINK in collaboration with global anti-fraud and KYC technology leader TrustDecision, hosted a landmark industry...

Published 15 Jan, 2026 01:31pm

Markets

Verizon resolves telecom service outage that vexed US users

Verizon said it planned to provide account credits to people who experienced service interruptions

Published 15 Jan, 2026 01:07pm

Markets

TSMC smashes forecasts with record profit as it rides AI boom

Riding high on the global boom in artificial intelligence, it said first-quarter revenue could surge as much as 40% from a year earlier to $35.8 billion

Published 15 Jan, 2026 12:56pm

Technology

Spectrum auction could finally fix Pakistan’s internet woes, says Jazz chief

Six spectrum bands with a combined capacity of 600 megahertz will be auctioned

Published 15 Jan, 2026 12:30pm

Markets

Toyota Industries’ shares hit record on sweetened bid, Elliott’s response awaited

Toyota Industries shares were last trading at 19,080 yen, up 5.9% on the day and 1.5% above the new tender price

Published 15 Jan, 2026 12:00pm

Technology

Ahson bin Saeed takes charge of Raast Payments Pakistan

Ahson brings over a decade of experience in payments, fintech, and digital financial services

Updated 15 Jan, 2026 01:40pm

Markets

China drafting purchase rules for Nvidia H200 chips, Nikkei Asia reports

This follows the Trump administration's decision on Tuesday to give a formal green light to the sale of US-based Nvidia's H200 chips to China

Published 15 Jan, 2026 11:58am

Commodities

Rio Tinto and BHP team up in Pilbara to boost iron ore output

The two miners will work together to develop Rio Tinto's Wunbye deposit and to process ore from BHP's Yandi site at Rio Tinto's facilities

Published 15 Jan, 2026 11:55am

Markets

IMF chief Georgieva arrives in Kyiv for first visit since 2023

The IMF chief, who has close family ties to Ukraine, last visited the country in February 2023

Published 15 Jan, 2026 11:47am

Forex

Australia, NZ dollars struggle as risk assets retreat

The Aussie was flat at $0.6682, after moving little overnight

Published 15 Jan, 2026 11:39am

Energy

Qatar lowers March term price for al-Shaheen oil, first discount in years, sources say

The company set the March term price at minus 33 cents a barrel to Dubai quotes, down from a premium of 53 cents for February-loading cargoes

Published 15 Jan, 2026 11:36am

Stocks

Australian shares extend gains as miners jump to record high

The S&P/ASX 200 index advanced 0.4% to 8,851.90

Published 15 Jan, 2026 11:33am

Commodities

Soybeans little changed as ample supplies limit upside in prices

Wheat and corn gained ground after losses in recent sessions

Published 15 Jan, 2026 11:26am

Commodities

Palm slips on weak rival oils, crude oil, Indonesia’s B50 cancellation

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange slid 23 ringgit, or 0.57%, to 4,017 ringgit

Published 15 Jan, 2026 11:25am

Money & Banking

Over half a million Pakistanis moved to Saudi Arabia in 2025

Foreign workers, especially high-tech professionals, remain in high demand in Saudi Arabia

Updated 15 Jan, 2026 02:42pm

Commodities

Iron ore retreats as hot metal output falls in China By Ruth Chai

It touched the lowest point since January 9 at 812 yuan earlier in the session

Published 15 Jan, 2026 11:18am

Stocks

Japan’s Nikkei falls back from record as yen rallies, tech shares retreat

The benchmark Nikkei 225 Index slid 1% to 53,820.46 by the midday break

Published 15 Jan, 2026 11:05am

Commodities

Copper pulls back from record on easing US tariff concerns, stronger dollar

The most-traded copper contract on the Shanghai Futures Exchange fell 1.08% to 103,050 yuan

Published 15 Jan, 2026 11:04am

Stocks

Chinese stocks extend losses as regulators move to cool market

In Hong Kong, the Hang Seng Index declined 0.6% and the tech index dipped 1.8%

Published 15 Jan, 2026 10:57am

Markets

Microsoft in record deal for soil carbon credits as data centres surge

Farmers also benefit financially, receiving 75% of the average weighted cost of a credit from any given issuance or crop year, she added

Published 15 Jan, 2026 10:48am

Forex

China’s yuan climbs to fresh 32-month high on PBOC guidance

Lunar New Year, China’s biggest holiday, falls in mid-February this year

Published 15 Jan, 2026 10:46am

Bullion Rate

Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand

Spot gold was down 0.8% at $4,584.03 per ounce

Published 15 Jan, 2026 10:44am

Exchange

Rupee inches up against US dollar

Currency settles at 279.96 against greenback

Updated 15 Jan, 2026 07:01pm

Stocks

Selling continues at bourse, KSE-100 ends with over 1,100 points loss

Benchmark index settles at 181,456.33

Updated 15 Jan, 2026 07:30pm

Taxes

FBR monitoring lifestyles to catch tax evaders

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday officially announced that the FBR will punish thousands of...

Published 15 Jan, 2026 08:18am

Pakistan

Parliamentary panel was told: 63pc of PR locomotives have exceeded their lifespans

ISLAMABAD: A parliamentary panel was informed that 63 percent of Pakistan Railways’ locomotives have exceeded ...

Published 15 Jan, 2026 08:09am

Stocks

Oil drops as Trump calms Iran fears; tech stocks slide in Asia

Mainland Chinese blue chips were flat, while South Korea's KOSPIadded ‌0.3% to ‌a fresh record high

Published 15 Jan, 2026 08:00am

Pakistan

Customs seizes Rs412.2m smuggled goods

ISLAMABAD: The Collectorate of Customs Enforcement, Islamabad, has seized a large consignment of smuggled and...

Published 15 Jan, 2026 07:59am

Energy

Trump backs Venezuela staying in OPEC

“I don’t know that it’s better for us … but they are a member of OPEC, and we haven’t discussed that with them at all," Trump added

Published 15 Jan, 2026 07:38am

Forex

Yen steadies as traders gird for election, intervention fears lurk

The yen fetched 158.554 per dollar in early Asian hours after firming 0.4% in the previous session

Published 15 Jan, 2026 07:31am

Energy

Oil plunges after Trump comments ease Iran fears

Brent futures were down $2.19, or 3.3%, at $64.33 a barrel

Updated 15 Jan, 2026 07:04pm

Business & Finance

LCCI, Uzbek delegation discuss bilateral trade ties

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Wednesday hosted a high-level 16-member delegation...

Published 15 Jan, 2026 06:06am

Business & Finance

BQATI says concerned at cross-subsidy on industrial electricity tariffs

KARACHI: Shakil Ashfaq, President of the Bin Qasim Association of Trade and Industry (BQATI), has expressed grave...

Published 15 Jan, 2026 06:06am

Business & Finance

‘Sourcing at MAGIC’ trade expo in Feb: PRGMEA, PHMA seek PM’s support to ensure establishment of well-organised ‘Pakistan Pavilion’

LAHORE: The value-added textile and apparel export industry of Pakistan has expressed serious concern over the lack...

Published 15 Jan, 2026 06:06am

Business & Finance

AIIB declares Punjab trenchless tunnel a ‘star project’

LAHORE: The Asian Infrastructure Investment Bank (AIIB) has declared Punjab’s Tunnel Boring Trenchless Technology...

Published 15 Jan, 2026 06:06am

Business & Finance

PRA plans to bring long-standing non-taxpayers into tax net

LAHORE: The Punjab Revenue Authority (PRA) has decided to bring individuals and companies that have remained outside...

Published 15 Jan, 2026 06:06am

Business & Finance

Punjab govt launching digital reforms across all depts: minister

LAHORE: The provincial Minister for Information and Culture Azma Bokhari has said that the Punjab government is...

Published 15 Jan, 2026 06:06am

Business & Finance

SAI president says policy of cross-subsidy on industrial electricity tariffs hurting industrial activities

KARACHI: President of the SITE Association of Industry (SAI), Ahmed Azeem Alvi has expressed serious concern over...

Published 15 Jan, 2026 06:06am

Business & Finance

All set for 27th ITCN Asia from 17th

ISLAMABAD: The 27th ITCN Asia, Pakistan’s largest and most influential technology and innovation exhibition, will...

Published 15 Jan, 2026 06:06am

Business & Finance

SMCL announces employee share issuance at annual meeting

HYDERABAD: In a landmark move for Pakistan’s microfinance sector, SAFCO Microfinance Company (SMCL) has announced it...

Published 15 Jan, 2026 06:06am

Business & Finance

Failure to submit required documents: Customs suspends clearance of various import consignments

KARACHI: Pakistan Customs has suspended clearance of a significant number of import consignments due to importers’...

Published 15 Jan, 2026 06:06am

Business & Finance

Pak-Indonesia trade ties discussed

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar spoke with Rosan Roeslani, Minister...

Published 15 Jan, 2026 06:06am

Business & Finance

Pakistan, Canada agree to strengthen bilateral trade

ISLAMABAD: Pakistan and Canada agreed to resume negotiations on the Pakistan–Canada Investment Agreement at the...

Published 15 Jan, 2026 06:06am

Business & Finance

Achieving climate goals: ‘Pakistan will need $565.7bn investment by 2035’

KARACHI: Pakistan will need a staggering USD565.7 billion in investment to achieve its Nationally Determined...

Updated 15 Jan, 2026 09:24am

Business & Finance

UAE envoy, Jam Kamal discuss Pak-UAE CEPA

ISLAMABAD: Ambassador of the United Arab Emirates to Pakistan, Salem Mohammed Salem Al Bawab Al Zaabi, called on...

Updated 15 Jan, 2026 06:53am

Business & Finance

Minister announces project to transform island into eco-tourism hub

KARACHI: Ministry of Maritime Affairs has started taking concrete steps toward unlocking the potential of the...

Updated 15 Jan, 2026 06:47am

Technology

Data Vault, US company plan sovereign AI cloud initiatives in Pakistan

KARACHI: Data Vault Pakistan signed a strategic partnership with the US-based Rafay Systems to enhance the features...

Updated 15 Jan, 2026 06:47am

Cotton & Textile

APTMA Cotton Revival Plan: Agri dept delegation visits APTMA

LAHORE: The Minister for Agriculture, Government of Punjab, Sayed Ashiq Hussain Kirmani, along with Secretary...

Published 15 Jan, 2026 06:06am

Energy

Energy markets: Dar reaffirms commitment to ensuring transparency

ISLAMABAD: Deputy Prime Minister and Foreign Minister reaffirmed the government’s commitment to ensuring...

Published 15 Jan, 2026 06:06am

Industry

Turkiye CG visits KCCI: ‘Pakistan should develop tourism properly for better economic growth’

KARACHI: Consul General of the Republic of Turkiye in Karachi, Ergul Kadak has emphasised that tourism represents a...

Published 15 Jan, 2026 06:06am

Pakistan

SHC rules SSGC capital tariff unconstitutional

KARACHI: The Sindh High Court (SHC) has declared the capital tariff imposed on industries by Sui Southern Gas...

Updated 15 Jan, 2026 06:55am

Business & Finance

Govt says new banknotes being developed

ISLAMABAD: The government confirmed on Wednesday that new banknotes are being developed as part of a broader...

Published 15 Jan, 2026 06:06am

Business & Finance

Govt to issue four RFPs for issuance of Panda, Dollar bonds

ISLAMABAD: The government is expected to issue four Request for Proposals (RFPs) in global markets for issuance of...

Published 15 Jan, 2026 06:06am

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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