News Archives for Business & Finance - 2026-07-27

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Business & Finance - 2026-07-27

Business & Finance

Govt increases diesel price by Rs3.37, cuts petrol's by Re1 per litre

New prices are for July 28

Published 27 Jul, 2026 11:06pm

Markets

Pakistan’s FY27 external debt servicing projected at $21.5bn: SBP governor

External debt repayments stood at $26.5 in FY26

Updated 27 Jul, 2026 11:40pm

Business & Finance

ECC approves Rs4bn for IPP arbitration proceedings

Committee also greenlights three dedicated Export Finance Subsidy Schemes for export enhancement

Published 27 Jul, 2026 10:02pm

Companies

Building global portfolios in a multi-asset World

Investing has become increasingly global over the past decade. Individual investors are no longer limiting their...

Published 27 Jul, 2026 07:03pm

Markets

India's HDFC Bank finds no improper motive in deposit pricing review, penalises executives

HDFC Bank's board found 'business overreach' in deposit rate setting, penalizing three top executives, including the CEO, for the lapse

Published 27 Jul, 2026 06:45pm

Business & Finance

Petroleum minister forms committee to address oil tanker contractors' concerns

Both sides agree to work jointly to resolve issues facing the oil tanker industry

Published 27 Jul, 2026 06:45pm

Companies

Porsche to cut another 5,000 jobs

The latest Porsche redundancies follow a first package of 3,900 job cuts and another 500 announced

Published 27 Jul, 2026 06:24pm

Stocks

Gulf stocks advance on Iran de-escalation hopes; Saudi ends flat after oil-site attacks

Dubai’s benchmark index rose 1%

Published 27 Jul, 2026 06:15pm

Financial

India 10-year bond yield logs biggest plunge in 2 months as oil rally falters

Benchmark 6.94% 2036 bond yield ended at 6.7739%

Published 27 Jul, 2026 06:15pm

Companies

India firm on 'energy drink' crackdown despite Pepsi, Red Bull, Monster protest

India's food regulator bans 'energy drink' labels, citing misleading claims and lack of standards, impacting major beverage companies

Published 27 Jul, 2026 06:01pm

South Asia

S&P cuts Bangladesh outlook to 'negative', flags banking woes and energy risks

S&P Global cut Bangladesh's outlook to 'negative', citing weak banking, high energy costs, and uncertain exports.

Published 27 Jul, 2026 05:55pm

Stocks

Sri Lankan shares end flat as gains in consumer discretionary stocks offset losses in staples

CSE All-Share index settled up 0.07% at 21,187.22

Published 27 Jul, 2026 05:39pm

South Asia

S&P affirms Sri Lanka's ratings at CCC+/C with 'stable' outlook

S&P noted that conditions supporting economic growth and fiscal repair will persist over the next six to 12 months

Published 27 Jul, 2026 05:37pm

Companies

India's engineering exports rise 21% in June as China shipments jump 74%

India's overall exports to China rise nearly 37% in the fiscal year ended March to about $20 billion

Published 27 Jul, 2026 05:23pm

Commodities

China's June net gold imports via Hong Kong up from year ago, down from May

China’s total gold imports via Hong Kong stood at 78.147 tons in June

Published 27 Jul, 2026 05:18pm

Companies

India's UltraTech Cement plans its biggest rupee debt funding, bankers say

Bankers say UltraTech aims to complete the sale before the Reserve Bank of India's monetary policy decision on August 5

Published 27 Jul, 2026 04:40pm

Commodities

Copper prices rise as US-Iran lull calms oil and economic growth fears

Benchmark copper on the London Metal Exchange was up 0.32% at $13,688.5 a metric ton

Published 27 Jul, 2026 04:36pm

Exchange

Pakistani rupee registers gain against US dollar

Settles at 277.86 against the greenback

Updated 27 Jul, 2026 07:36pm

Commodities

Palm slips more than 1% on weaker crude, Chinese vegetable oils

Dalian’s most-active soyoil contract fell 1.42%

Published 27 Jul, 2026 04:33pm

Stocks

Indian shares snap losing run on oil slide, earnings optimism

Nifty 50 rose 0.96% to 23,995.95, while the BSE Sensex added 1.02% to 76,835.78

Published 27 Jul, 2026 04:23pm

Markets

Customer data from India's Bank of Baroda leaked online, source and researcher say

The leaked data includes customer details, identification documents, loan papers and internal audit records

Published 27 Jul, 2026 04:20pm

Forex

Indian rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impact

Indian rupee opened at 96.1475 against the U.S. dollar and climbed to an intraday high of 95.7950

Published 27 Jul, 2026 04:15pm

Commodities

Gold price per tola gains Rs4,000 in Pakistan

Silver price increases Rs100 to reach Rs6,397 per tola

Updated 27 Jul, 2026 05:58pm

Business & Finance

Who is Saadia Zahidi, the next Director General of International Air Transport Association?

Zahidi has served on advisory groups for European Space Agency’s High-Level Advisory Group

Published 27 Jul, 2026 02:43pm

Business & Finance

Pakistan’s inflation expected to return to single digits in July

Headline consumer price inflation (CPI) is expected to be above 9% year-on-year in July

Published 27 Jul, 2026 02:31pm

Business & Finance

Govt PSDP spending surges to 111% in FY26

Latest expenditure figures mark a sharp turnaround from the slow pace of development spending witnessed during most of FY26

Published 27 Jul, 2026 01:43pm

Stocks

European shares climb as US-Iran peace optimism lifts risk sentiment

The pan-European STOXX 600 index ⁠was up 0.8% at 649.34

Published 27 Jul, 2026 12:38pm

Business & Finance

Govt vows business-friendly environment through regulatory reforms

Jam Kamal meets a delegation of the Islamabad Chamber of Small Traders and Small Industries

Published 27 Jul, 2026 11:27am

Stocks

Australian shares rise nearly 1% as Middle East de-escalation boosts sentiment

The S&P/ASX 200 index rose 0.9% to 8,851.30 points

Published 27 Jul, 2026 11:21am

Forex

Thai baht/US dollar stronger on Monday

The baht was 0.48% higher at 33.52 versus the dollar, after trading in a range of 33.530 to 33.640

Published 27 Jul, 2026 11:19am

Commodities

Palm falls on weaker rival oils, crude oil

Palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange slid 39 ringgit, or 0.83%, to 4,683 ringgit a metric ton

Published 27 Jul, 2026 11:17am

Stocks

China stocks rise as CXMT's debut surge revives interest in battered shares

China’s benchmark stock index has shed more than 6% this month

Published 27 Jul, 2026 11:16am

Forex

China's yuan rises to near one-week high, market focuses on Politburo meeting

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

Published 27 Jul, 2026 11:14am

Mutual Funds

Philippines awards $810mn T-bill offer

BTr awards 20 billion pesos of 91-day T-bills at avg rate of 5.059% versus previous auction avg of 5.104%

Published 27 Jul, 2026 11:06am

Stocks

SBP maintains status quo, cites Middle East risks

Decision in line with market expectations
Outlook remains susceptible to heightened risks, particularly following the resurgence of conflict in the Middle East

Updated 27 Jul, 2026 07:05pm

Commodities

Copper gains on Mideast de-escalation, oil price drop

The most-traded copper contract on the Shanghai Futures Exchange was up 0.27% at 105,010 yuan a ton

Published 27 Jul, 2026 11:04am

Mutual Funds

Indian bonds rebound as easing Middle East tensions drag oil lower

The benchmark 6.94% 2036 bond yield was at 6.7767%

Published 27 Jul, 2026 11:03am

Markets

Thai June factory output falls 3.1% y/y, weaker than forecast

Car production dropped 7.55% in June from a year earlier, according to the Federation of Thai Industries

Published 27 Jul, 2026 10:59am

Forex

Australia, NZ dollars climb as oil slide eases rate concerns

The Aussie rose 0.2% to $0.7001, after gaining 0.3% on Friday, leaving it little changed for last week

Published 27 Jul, 2026 10:57am

Commodities

Soybeans, corn decline as oil slumps on Middle East optimism

The most-active soybean contract on the Chicago Board of Trade (CBOT) fell 0.9% to $12.41-3/4 a bushel

Published 27 Jul, 2026 10:56am

Stocks

Japan's Nikkei trades sideways as investors await earnings

The benchmark Nikkei fluctuated between gains and losses and was last down 0.22% at 64,472.09

Published 27 Jul, 2026 10:55am

Stocks

KSE-100 surges over 4% as SBP keeps policy rate unchanged

Benchmark index settles at 178,262.33

Updated 27 Jul, 2026 06:38pm

Markets

Indian banks have raised $32 bln under dollar-inflow schemes, RBI chief tells Hindu Businessline

Most of the $32 billion ⁠raised so far has come from the foreign currency non-resident deposit scheme, Malhotra said

Published 27 Jul, 2026 08:07am

Forex

Indian rupee set to rally after crude drops on Mideast respite, RBI-led inflows build

The Indian rupee is expected to open in the 96.14-96.18 range per US dollar, according to traders, having settled at 96.5625 on Friday

Published 27 Jul, 2026 08:02am

Markets

Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports

Nvidia's backing would support financing vehicles aimed at reassuring lenders about the project's funding, the report added

Published 27 Jul, 2026 07:59am

Stocks

Shares, bonds make guarded gains as oil slips

MSCI's broadest index of Asia-Pacific shares outside Japan held steady

Published 27 Jul, 2026 07:54am

Forex

Dollar pulls back as US-Iran attacks pause, oil drops

Against the yen , the US dollar was down 0.2% at 163.585 yen, its biggest decline since July 10

Published 27 Jul, 2026 07:48am

Stocks

Indian shares set to open higher, breaking losing run, as oil slides

GIFT Nifty futures were at 23,974.50

Published 27 Jul, 2026 07:44am

Energy

Oil prices fall to one-week low after US pauses attacks on Iran

Brent crude futures fell $7.10, or 7.3%, to $89.68 a barrel

Updated 27 Jul, 2026 09:50pm

Bullion Rate

Gold gains on pause in US-Iran fighting; Fed decision looms

Spot gold rose 1.4% to $4,110.56 per ounce

Updated 27 Jul, 2026 11:38am

Money & Banking

Epic Angels announces investment in Pakistani fintech Oraan

Funds will be utilised to grow Oraan’s gold savings product

Updated 27 Jul, 2026 09:28am

Commodities

Peshawar: prices of essential kitchen items show mixed trend

PESHAWAR: Mixed trend in prices of important kitchen items like live chicken/meat, vegetables and others witnessed...