News Archives for Business & Finance - 2026-01-21

<<>>

Business & Finance - 2026-01-21

Business & Finance

DAVOS 26: PM briefs IMF’s Georgieva on Pakistan’s ‘improving’ macroeconomic indicators

Premier underscores Pakistan’s commitment to fiscal discipline, revenue mobilisation, and sustainable growth

Updated 22 Jan, 2026 08:10am

South Asia

Ambani’s Reliance faces a rare January setback

Reliance cut imports of Russian oil by 32.4% in December

Published 21 Jan, 2026 09:25pm

Companies

India’s Reliance to buy sanctions-compliant Russian oil in February and March, sources say

Reliance will buy Russian oil from non-sanctioned sellers

Published 21 Jan, 2026 07:22pm

Commodities

Copper bounces back with tight stocks, demand in focus

Benchmark three-month copper on the London Metal Exchange was up 1% at $12,875 per metric ton

Published 21 Jan, 2026 07:15pm

Markets

Fitch Ratings affirms Pakistan’s long-term debt ratings at B-

‘B’ ratings indicate material default risk present, but limited margin of safety remains

Updated 21 Jan, 2026 09:34pm

Stocks

Most Gulf markets gain ahead of earnings

Saudi Arabia’s benchmark index gained 0.3%, with petrochemical maker Saudi Basic Industries rising 2.5%

Published 21 Jan, 2026 06:38pm

South Asia

India’s growth momentum to sustain as demand recovers, RBI report says

Even amidst these global uncertainties, the current state of the economy provides ground for optimism going forward

Published 21 Jan, 2026 06:28pm

Business & Finance

Finance minister, Visa president discuss innovation in payments sector

The latter expresses a strong interest in supporting the country’s next phase of growth through secure payment solutions, innovation, and knowledge transfer

Published 21 Jan, 2026 06:22pm

Stocks

Industrial stocks lead Sri Lankan shares higher; December inflation rises

CSE All-Share index rose nearly 0.8% to 23,806.32

Published 21 Jan, 2026 05:25pm

South Asia

India fertiliser imports set for record $18 billion this fiscal year

India’s fertiliser imports surged 71% from a year earlier to $13.98 billion

Published 21 Jan, 2026 04:53pm

South Asia

Spain’s Albares says India-EU on cusp of trade deal, plan stronger defence ties

“Everything is going forward perfectly. We do not expect any obstacle,” Albares said

Published 21 Jan, 2026 04:48pm

Companies

No matter who buys Warner Bros, JPMorgan and Allen & Co win with $180 million in M&A fees

The two investment banks stand to make $90 million apiece for their work on the deal as advisers to Warner Bros

Published 21 Jan, 2026 04:39pm

Stocks

Indian shares extend losses after Tuesday’s selloff; rupee slumps to record low

Nifty 50 fell 0.3% to 25,157.5 while the BSE Sensex eased 0.33% to 81,909.63

Published 21 Jan, 2026 04:27pm

Companies

Netflix defends Warner Bros bid as shares drop on tepid results

Having offered $82.7 billion in cash to buy Warner Bros’ film and television studios, its extensive content library

Published 21 Jan, 2026 04:25pm

South Asia

Sri Lanka’s consumer prices rise 2.9% on-year in December

The annual inflation rate in the food category rose to 4.4% last month, from 3.6% in November

Published 21 Jan, 2026 04:18pm

Forex

Indian rupee slides to record low on global market woes; lack of RBI presence worsens fall

The Indian rupee fell for the sixth straight session, slipping to an all-time low of 91.7425 against the dollar

Published 21 Jan, 2026 04:16pm

Companies

Next buys British footwear brand Russell & Bromley

Next said it purchased the brand, intellectual property and three Russell & Bromley stores

Published 21 Jan, 2026 04:10pm

Commodities

Palm rises more than 1% to seven-week high on festive demand

Dalian’s most-active soyoil contract firmed 0.25%

Published 21 Jan, 2026 04:04pm

Money & Banking

India’s SBI MF to take at least 10% of Adani Group’s biggest Indian rupee bond issue, bankers say

The planned 75 billion Indian rupee issue would be the group’s largest-ever Indian rupee bond sale

Published 21 Jan, 2026 04:01pm

Energy

Indian refiners shift oil strategy; trim Russian buys and turn to MidEast

The shift away from Russia comes as Middle East producers

Published 21 Jan, 2026 03:57pm

Business & Finance

NLC Dry Port Sost ensures uninterrupted trade for 2nd consecutive year

As a shining example of national service and professional excellence, the National Logistics Corporation (NLC) is...

Updated 21 Jan, 2026 04:47pm

Exchange

Rupee records marginal gain against US dollar

Currency settles at 279.90 against greenback

Updated 21 Jan, 2026 08:15pm

Business & Finance

Banks’ appeals rejected: CCP’s Rs205mn ESA penalties upheld

CAT found PBA and seven major banks guilty of collusive practices in introducing an Enhanced Savings Account (ESA)

Published 21 Jan, 2026 02:56pm

Energy

Global oil demand growth to rise in 2026, IEA says

The IEA now expects global oil demand to rise by 930,000 barrels per day (bpd) this year

Published 21 Jan, 2026 02:40pm

Business & Finance

Pakistan’s Zarea Limited signs $2mn strategic MoU with Chinese agri firm

Says collaboration will focus on introducing advanced seed technologies, technology-enabled agronomic and farm services

Published 21 Jan, 2026 01:03pm

Commodities

New all-time high: gold per tola gains Rs4,300 in Pakistan

Gold prices in Pakistan increased on Tuesday in line with their gain in the international market. In the local...

Updated 21 Jan, 2026 01:37pm

Commodities

New all-time high: gold per tola jumps past Rs500,000 mark in Pakistan

Posts Rs12,700 per tola single-day gain

Published 21 Jan, 2026 12:50pm

Forex

Sterling holds firm after UK data shows pickup in inflation

Sterling traded at $1.3438, showing little change on the day or from levels traded right before the inflation report

Published 21 Jan, 2026 12:23pm

Business & Finance

Successful PIA privatisation sends strong signal to global investors: Aurangzeb

Finance Minister Muhammad Aurangzeb has said that the successful privatisation of Pakistan International Airlines...

Published 21 Jan, 2026 12:19pm

Companies

Sitara Peroxide appoints CEO and chairman

Sitara Peroxide Limited (SPL) announced on Wednesday key appointments in the company. The chemical manufacturer...

Published 21 Jan, 2026 12:16pm

Markets

UK inflation rises more than expected to 3.4%

Inflation in Britain remains the highest in the Group of Seven, despite the country's sluggish economic growth

Published 21 Jan, 2026 12:13pm

Stocks

Australian shares extend declines after global selloff, banks top drag

The S&P/ASX 200 index fell 0.4% to 8,782

Published 21 Jan, 2026 11:56am

Forex

Australia, New Zealand dollars sit on gains, bond sale snapped up

The net result was to leave the Aussie firm at $0.6736, having gained 0.3% overnight to reach as far as $0.6746

Published 21 Jan, 2026 11:52am

Commodities

Shanghai copper drops as SHFE raises margin requirements, demand remains poor

The benchmark three month copper on the London Metal Exchange, however, gained 0.65% to $12,836.50 a ton

Published 21 Jan, 2026 11:49am

Commodities

Iron ore futures extend losses as Rio Tinto reports rise in quarterly shipments

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended morning trade 0.25% lower at 784.5 yuan ($112.63) a metric ton

Published 21 Jan, 2026 11:40am

Stocks

China stocks rise on AI sentiment rebounding

Hong Kong benchmark Hang Seng fell 0.2%

Published 21 Jan, 2026 11:28am

Mutual Funds

India bonds rise on growing hopes of more RBI buying

The benchmark 10-year 6.48% 2035 bond yield hovered at 6.6658%

Published 21 Jan, 2026 11:25am

Companies

DAVOS 2026: UK’s Menzies Aviation eyes expansion in Pakistan amid privatisation push

Discusses airport services, operational efficiency, and investment opportunities with Pakistani delegation on sidelines of World Economic Forum

Updated 21 Jan, 2026 05:32pm

Technology

Gates and OpenAI team up for AI health push in African countries

The partnership, called Horizon1000, plans to work with African leaders to work out how best to use the technology, starting with Rwanda

Published 21 Jan, 2026 10:57am

Commodities

Palm extends gains on strong demand expectations

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange gained 38 ringgit, or 0.93%, to 4,132 ringgit

Published 21 Jan, 2026 10:53am

Forex

China’s yuan slips from 32-month high as PBOC signals caution

The spot yuan is allowed to trade at a maximum of 2% on either side of the fixed midpoint each day

Published 21 Jan, 2026 10:50am

Commodities

Soybean futures rise on softer dollar; Trump’s Greenland threats cap gains

Wheat was unchanged, while corn edged higher

Published 21 Jan, 2026 10:48am

Forex

South Korea’s won jumps after Lee sees move towards 1,400; baht hits 2021-high

The won rose 0.6% to 1,468.8 per US dollar, rebounding from a near four-week low of 1,480.0 touched on Tuesday

Published 21 Jan, 2026 10:40am

Forex

Indian rupee hits record low on Greenland-spurred risk aversion, capital flow strain

The currency is down 1.5% so far this month, adding to a near 5% decline in 2025

Published 21 Jan, 2026 10:36am

Companies

SGFL, China’s Golden Star to launch $6.5mn footwear project in Pakistan

The joint venture will manufacture and sell non-leather footwear in Pakistan and for export markets

Published 21 Jan, 2026 10:34am

Business & Finance

Pakistan, China seek to enhance bilateral agricultural trade

Federal Minister for Commerce Jam Kamal Khan meets Ambassador of the People’s Republic of China to Pakistan Jiang Zaidong

Published 21 Jan, 2026 10:25am

Stocks

PSX snaps buying streak as KSE-100 sheds nearly 1,600 points

Benchmark index settles just above 187,000

Updated 21 Jan, 2026 07:32pm

Bullion Rate

Gold crosses $4,800 for the first time as US, EU spar over Greenland

Spot gold rose 1.2% to $4,821.26 per ounce

Published 21 Jan, 2026 08:13am

Stocks

Indian shares eye tentative bounce after sharp slide to 3-month lows

Gift Nifty futures were trading at 25,265.5 points

Published 21 Jan, 2026 07:52am

Forex

Dollar down as ‘Sell America’ trade revives; yen slumps on Japan fiscal worries

The dollar plunged nearly 1.2% to ‍reach 0.78795 Swiss franc on Tuesday

Published 21 Jan, 2026 07:48am

Energy

Oil prices dip on supply build expectations, Greenland tension

Brent futures were down 12 cents, or 0.2%, to $64.80 a barrel

Updated 21 Jan, 2026 04:56pm

Stocks

Asian shares extend selloff, global bond rout stokes fresh anxiety

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3%

Published 21 Jan, 2026 07:41am

Business & Finance

Gold price sets new record high

Spot gold gained about 2 percent to USD4,757.33 per ounce

Published 21 Jan, 2026 03:43am

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

Most Popular