News Archives for Business & Finance - 2026-08-25

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Business & Finance - 2026-08-25

Markets

Petrol price rises Rs1.12, diesel sees Rs1.11 hike per litre

New prices will be effective till Thursday

Published 25 Aug, 2026 11:12pm

Business & Finance

Power Division moves to expedite net-metering approvals following NEPRA directives

NEPRA has tasked Power Information Technology Company with checking and updating pending net-metering connections in Discos and K-Electric

Published 25 Aug, 2026 09:58pm

Business & Finance

Pakistan expects US reply soon on $10bn stabilization facility: Bloomberg

Pakistan expects a response from Washington within the next couple of months on its request for a $10 billion...

Published 25 Aug, 2026 09:57pm

Technology

Apple launches faster Mac mini, Mac Studio to tap AI boom

Apple's new Mac mini, powered by M6/M5 Pro chips, offers significantly faster AI performance for hosting agents and pro users

Published 25 Aug, 2026 09:20pm

Markets

RBI's Mixed Messages

India's central bank faces market confusion over its communication, while Mumbai sees a major food hygiene crackdown

Published 25 Aug, 2026 07:52pm

Forex

Indian central bank likely intervenes to keep lid on rupee weakness, traders say

India's central bank likely intervened to support the rupee, ensuring its stability against market pressures

Published 25 Aug, 2026 07:44pm

Companies

Air India seeks $1.5 billion from owners Tata, Singapore Air as losses mount, sources say

Facing persistent challenges and record losses, Air India is requesting $1.5 billion in fresh capital from Tata Sons and Singapore Airlines

Published 25 Aug, 2026 07:41pm

Currency

SBP mulls discontinuing Rs10 currency note over rising production cost

One year required to introduce new currency notes into circulation, SBP deputy governor tells Senate panel

Updated 25 Aug, 2026 09:42pm

South Asia

India investigates fragrance giants over price collusion, document shows

Givaudan, Firmenich, and IFF are under a second Indian antitrust investigation for alleged price collusion, mirroring similar global probes

Published 25 Aug, 2026 07:33pm

Companies

India court to re-hear Volkswagen's challenge to $1.4 billion tax demand, sources say

Volkswagen's $1.4 billion tax demand for alleged import undervaluation in India will be re-heard by an Indian court, sources confirm

Published 25 Aug, 2026 07:25pm

Companies

Dolce & Gabbana secures debt waiver from banks after FY operating loss

Growth in the beauty division helped offset a weaker performance in the group’s core fashion business

Published 25 Aug, 2026 06:28pm

Financial

India bonds rise as oil shrugs off US sanctions concerns

Benchmark 6.94% 2036 bond yield settled 2 basis points lower at 6.8488%

Published 25 Aug, 2026 06:11pm

Stocks

FTSE indexes climb as housing plan boosts builders

The blue-chip FTSE 100 index rose 0.2% to 10,880.17 points

Published 25 Aug, 2026 05:51pm

Financial

Union Bank of India taps dollar debt market after 12-year hiatus

Union Bank of India secured $600 million in dollar bonds at favorable rates, part of a $11.25 billion offshore fundraising trend

Published 25 Aug, 2026 05:44pm

Stocks

Sri Lankan shares fall as consumer staples, communication services weigh

CSE All-Share index settled 0.31% lower at 21,279.65

Published 25 Aug, 2026 05:41pm

Markets

Yes Bank, two other peers withdraw dollar debt plan, bankers say

Yes Bank withdrew its dollar debt plan after investors sought 30-40 basis points higher yields, impacting Indian banks' foreign funding

Published 25 Aug, 2026 05:37pm

Markets

Google expands Gemini AI platform for law firms, lawyers

Google expands Gemini AI for law firms, enabling them to streamline operations, cut costs, and empower lawyers to focus on higher-value services

Published 25 Aug, 2026 05:34pm

Forex

Oil fall lifts Indian rupee to over one-week high after central bank keeps lid on losses

Indian rupee closed at 95.4125 per dollar

Published 25 Aug, 2026 04:55pm

Energy

Pakistan launches study for Strategic Petroleum Reserves to boost energy security

The recent Strait of Hormuz crisis has further magnified the need to strengthen Pakistan's buffers

Published 25 Aug, 2026 04:54pm

Commodities

Gold price per tola drops Rs600 in Pakistan

10-gram gold sold at Rs417,126

Updated 25 Aug, 2026 06:55pm

Stocks

Indian shares up as oil eases; Nifty derivatives expiry spurs volatility

Nifty rose 0.48% to 24,334.55 and the BSE Sensex added 0.37% to 77,656.09

Published 25 Aug, 2026 04:15pm

Commodities

India's sugar mills, refiners seen importing just half of duty-free quota

India's duty-free sugar imports are expected to be just 500,000 tons, half the allowed amount, due to plummeting domestic prices

Published 25 Aug, 2026 04:10pm

Money & Banking

Eid Milad-un-Nabi: SBP to remain closed on Wednesday

The State Bank of Pakistan will remain closed on Wednesday, August 26, 2026, on the occasion of Eid Milad-un-Nabi...

Published 25 Aug, 2026 03:51pm

Exchange

Pakistan rupee records gain against US dollar

Settles at 277.52

Updated 25 Aug, 2026 09:30pm

Technology

PTA supports rationalisation of mobile device taxes to boost smartphone affordability

Maintains that any taxation framework should strike a balance between affordability of smartphones

Published 25 Aug, 2026 03:40pm

Stocks

CCP approves IGI Investments’ stake acquisition in Akzo Nobel Pakistan

CCP’s assessment found that the proposed transaction would not give rise to any horizontal overlap or vertical relationship

Published 25 Aug, 2026 03:33pm

Business & Finance

PAA, PSW to launch digital cargo charges system at Jinnah International Airport

The system will facilitate electronic payments, automated document verification, and real-time visibility of CTC collections

Published 25 Aug, 2026 03:12pm

Business & Finance

Pakistan not seeking fresh Chinese financing, Aurangzeb tells FT

Islamabad seeks to shift its financing strategy

Updated 25 Aug, 2026 09:39pm

Stocks

European shares climb on Iran sanctions relief, defence gains

The pan-European STOXX 600 was up 0.3% at 656.14

Published 25 Aug, 2026 02:05pm

Business & Finance

India wanted red flags on chip packets and soda. Big Food fought back

India's health crisis looms as food giants resist transparent labeling, despite evidence that clearer warnings foster healthier eating habits

Updated 25 Aug, 2026 02:22pm

Statistics

Pakistan’s CPI seen returning to double digits in August as food, fuel costs surge

Readings would mark a sharp increase from the 3% recorded a year earlier

Published 25 Aug, 2026 01:04pm

Companies

Tesla raises prices of Cybertrucks in the US

The company increased the price of its Cybertruck dual motor and premium all-wheel drive by $5,000 to $74,990 and $84,990 respectively

Published 25 Aug, 2026 12:21pm

Business & Finance

Pakistan Oxygen appoints Zubair Siddiqui as CEO

Zubair was appointed in place of Shaikh Farried Aman

Published 25 Aug, 2026 11:45am

Stocks

Australian shares advance as miners gain, lower crude boosts sentiment

The S&P/ASX 200 index was up 0.4% at 9,143.50 points

Published 25 Aug, 2026 11:33am

Forex

Australian dollar holds firm as RBA keeps jawboning on hikes

The board made a point of noting that by its next meeting on September 28 and 29 it would have figures on jobs

Published 25 Aug, 2026 11:31am

Commodities

Corn rises as US crop condition ratings decline more than expected

Wheat was flat but held close to a two-year high reached on Monday

Published 25 Aug, 2026 11:28am

Markets

Thailand car production rises 6.1% y/y in July

The reading follows a year-on-year fall of 7.55% in June

Published 25 Aug, 2026 11:25am

Energy

PD identifies coal discount gaps causing Rs380mn annual losses to Pakistan

Different power plants purchased coal from the same suppliers, yet received different discounts ranging from $0.25 to $7.12 per metric ton

Published 25 Aug, 2026 11:24am

Commodities

Copper falls as higher dollar outweighs fresh supply woes

The benchmark three-month copper on the LME was down 0.41% at $14,214 a metric ton

Published 25 Aug, 2026 11:22am

Forex

Chinese yuan slips from 3-1/2-year high after PBOC signals unease over rapid gains

The yuan has emerged as one of Asia's top-performing currencies this year, rising about 4% against the dollar

Published 25 Aug, 2026 11:20am

Forex

Thai baht/US dollar weaker on Tuesday

The baht was 0.13% lower at 32.74 versus the dollar, after trading in a range of 32.660 to 32.810

Published 25 Aug, 2026 11:14am

Mutual Funds

Japan will carefully consider tax incentives for retail JGB investors, minister says

'We believe it is important to enhance the attractiveness of retail government bonds,' Katayama said

Published 25 Aug, 2026 11:12am

Mutual Funds

India bonds may edge up as oil remains steady despite US sanctions on Iran

The yield on the benchmark 6.94% 2036 bond is expected to trade between 6.84% and 6.87%

Published 25 Aug, 2026 11:10am

Stocks

South Korea shares fall amid chip selloff

The benchmark KOSPI was down 131.07 points, or 1.96%, at 6,565.89

Published 25 Aug, 2026 11:06am

Stocks

Japan's Nikkei falls as chip-related shares decline on caution ahead of Nvidia earnings

The Nikkei was down 0.5% at 65,197.7

Published 25 Aug, 2026 11:03am

Currency

Bitcoin rises above $80,000 as soft dollar, debasement fears boost momentum

Gold has been the other beneficiary of the dollar weakness, rising to a three-month high

Published 25 Aug, 2026 10:57am

Money & Banking

UBL to invest up to Rs22bn in Khushhali Microfinance Bank

KMBL had negative equity of Rs16.15 billion as of December 31, 2025

Published 25 Aug, 2026 10:56am

Business & Finance

Expanding exports: Govt directs FTWs to prepare country-specific plans

Jam Kamal chairs an internal meeting with the Ministry’s FTW to review Pakistan’s export performance

Published 25 Aug, 2026 10:39am

Stocks

PSX: KSE-100 ends trading on a positive note

Benchmark index settles at 177,370.70

Updated 25 Aug, 2026 06:58pm

Forex

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

The euro ‌was a shade higher at $1.1668, hovering near a three-month peak hit last week

Published 25 Aug, 2026 08:12am

Stocks

Asia shares fall on tech nerves; oil prices slip

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5%

Published 25 Aug, 2026 08:07am

Forex

Indian rupee may cling to subdued rhythm, improved portfolio inflows lend support

The Indian rupee is expected to open in the 95.70-95.75 range, per traders, having settled at 95.7450 to the dollar on Monday

Published 25 Aug, 2026 08:02am

Stocks

Indian shares seen lower as Mideast tensions persist, Nifty expiry looms

GIFT Nifty futures were at 24,146.5 points

Published 25 Aug, 2026 07:57am

Energy

Oil falls over 4% as investors shrug off US sanctions on Iran

Brent crude futures were down $3.83, or 4.2%, to $88.34 a barrel

Updated 25 Aug, 2026 09:08pm

Bullion Rate

Gold rises to highest since mid-May as buying momentum builds

*Spot gold was up 0.4% at $4,668.19 per ounce

Published 25 Aug, 2026 07:48am

Pakistan

PKRC opposes sugar exports, warns of domestic shortage

LAHORE: The Pakistan Kissan Rabita Committee (PKRC) has urged the government not to allow sugar exports, warning...

Published 25 Aug, 2026 04:54am

Pakistan

Govt approves prices for 52 advanced life-saving drugs

The Pakistan government has approved prices for 52 new essential medicines including those used to treat diseases...

Updated 25 Aug, 2026 05:34am

Business & Finance

Pak freelancers’ earnings may reach USD2.5bn in current fiscal year

KARACHI: Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are...

Published 25 Aug, 2026 04:54am

Business & Finance

SECP shares draft VC Bill with BOI for public consultation

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has shared the draft Venture Capital (VC) Bill...

Published 25 Aug, 2026 04:54am

Business & Finance

SMEDA member criticises tax relief on luxury vehicles

KARACHI: Mashood Ali Khan, member, Small Medium Enterprise Development Authority (SMEDA) on Monday criticised a...

Published 25 Aug, 2026 04:54am

Companies

Shariah-compliant vehicle: Mobilink Bank, Yango Pakistan partner financing

KARACHI: Mobilink Bank, and Yango, part of the global technology company Yango Group, have partnered to provide...

Published 25 Aug, 2026 04:54am

Industry

‘Dr Gohar Group’ once again clinches control of APTMA

LAHORE: The Dr Gohar Ejaz Group has once again clinched control of the All Pakistan Textile Mills Association...

Published 25 Aug, 2026 04:54am

Business & Finance

Iran central bank chief says currency weakness ‘temporary’

TEHRAN: The governor of Iran’s Central Bank Abdolnaser Hemmati on Monday said the depreciation of the country’s...

Published 25 Aug, 2026 04:54am

Business & Finance

IM FY2026-27: USD763.03m received on account of foreign aid

ISLAMABAD: The country has received a total USD763.03 million on account of foreign economic assistance during first...

Published 25 Aug, 2026 04:54am

Business & Finance

Execution of Pakistan Oil Refining Policy: ISGS designated as policy implementation entity

ISLAMABAD: The Petroleum Division has designated Inter State Gas Systems (ISGS) as the policy implementation entity...

Published 25 Aug, 2026 04:54am

World

US unveils ‘economic D-Day’ of sanctions

WASHINGTON: The US on Monday announced an expansion of secondary sanctions it hopes will “sever every economic...

Published 25 Aug, 2026 04:54am

Energy

Petrol price hiked by 39 paise, HSD’s by Rs2.40

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) raised the prices of petrol and high-speed diesel (HSD) by 39...

Published 25 Aug, 2026 04:54am

Energy

Oil drops more than USD2

Brent fell $2.22, or 2.35%, to $92.17; WTI dropped $2.05 to $85.01, also down 2.35%

Updated 25 Aug, 2026 07:55am

Business & Finance

Moody’s upgrades rating to B3 on governance

ISLAMABAD: Moody’s Ratings (Moody’s) has upgraded Pakistan’s sovereign credit rating to B3 from Caa1, a four-year...

Published 25 Aug, 2026 04:54am

Business & Finance

Keti Bunder Port: President for integrated approach to proposed uplift

ISLAMABAD: President Asif Ali Zardari on Monday called for an integrated approach to the proposed development of...

Published 25 Aug, 2026 04:54am

Business & Finance

Businessman for prioritising Kuwait as emerging market

KARACHI: Mian Zahid Hussain, president of the Pakistan Businessmen and Intellectuals Forum and the All Karachi...

Published 25 Aug, 2026 04:54am

Companies

JazzCash crosses 62m registered customers

ISLAMABAD: JazzCash, a subsidiary of VEON Ltd. has crossed 62 million registered customers, processing Rs19.6...

Published 25 Aug, 2026 04:54am

Companies

JazzWorld brings digital ecosystem to sporting arena

ISLAMABAD: JazzWorld brought its digital ecosystem to the sporting arena as the exclusive title sponsor of the...

Published 25 Aug, 2026 04:54am

Business & Finance

Kayani opens awareness meeting on Small Shopkeepers Scheme

ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani opened a follow-up awareness meeting on the Small...

Published 25 Aug, 2026 04:54am

Business & Finance

ML-1 project: Railways ministry urged to finalise MoU with Sindh govt

ISLAMABAD: The Senate Standing Committee on Railways urged the Ministry of Railways to finalise the Memorandum of...

Published 25 Aug, 2026 04:54am

Companies

ABL posts Rs32.046bn PBT in H1CY2026

KARACHI: Allied Bank continues to strengthen its capacity to navigate evolving market dynamics. Enhanced digital...

Updated 25 Aug, 2026 05:37am

Markets

Govt increases petrol price by Re0.39, diesel by Rs2.40 per litre

New prices will be effective for Tuesday, August 25

Published 25 Aug, 2026 12:10am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 2	277.27
USD PKR Interbank Buying / Oct 2	277.07
USD to Japanese Yen / Oct 2	157.85
USD to Swiss Franc / Oct 2	0.83
Pound Sterling to USD / Oct 2	1.32
Euro to USD / Oct 2	1.13
SOFR % / Oct 1	3.87

Stock	Volume
India Sensex / Oct 1	71,909.70
S&P 500 / Oct 2	7,722.72
Tokyo Nikkei / Oct 2	68,309.46
Nasdaq / Oct 2	27,190.86
Hang Seng / Oct 2	23,972.29
FTSE 100 / Oct 2	10,461.95
Dow Jones / Oct 2	51,176.96
Germany DAX 30 / Oct 2	25,231.20
France CAC40 / Oct 2	7,897.19

Item	Value
Crude Oil USD/Barrel / Oct 2	91.11
Karachi Cotton PKR/37.32 KG / Oct 2	18,280
Gold 10 Grams PKR / Oct 2	377,774
Gold Spot USD/Ounce / Oct 2	4,141.19
Cotton US¢/pound / Oct 2	78.88
Petrol/Litre / Oct 5	392.76
Diesel/Litre / Oct 5	399.64

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Oct 2 Dewan Sugar Mills Limited(DWSM)	7.21 ▲ 1 (16.1%)
Apna Microfin. / Oct 2 Apna Microfinance Bank Limited(AMBL)	19.88 ▲ 1.81 (10.02%)
Dandot Cement / Oct 2 Dandot Cement Company Limited(DNCC)	19.87 ▲ 1.81 (10.02%)
D.S. Ind. Ltd. / Oct 2 D.S. Industries Limited(DSIL)	17.25 ▲ 1.57 (10.01%)
Arpak Int. / Oct 2 Arpak International Investments Ltd.(ARPAK)	141.82 ▲ 12.89 (10%)
First Imrooz Mod. / Oct 2 First Imrooz Modaraba(FIMM)	315.63 ▲ 28.69 (10%)
Mandviwala / Oct 2 Mandviwala Mauser Plastic Industries(MWMP)	93.26 ▲ 8.48 (10%)
Noon Sugar / Oct 2 Noon Sugar Mills Limited(NONS)	87 ▲ 7.91 (10%)
Towellers Ltd. / Oct 2 Towellers Limited(TOWL)	132.36 ▲ 12.03 (10%)
Kohinoor Energy / Oct 2 Kohinoor Energy Limited(KOHE)	16.76 ▲ 1.52 (9.97%)

Stock	Price
F.Credit & Inv / Oct 2 First Credit and Investment Bank Limited(FCIBL)	35.70 ▼ -3.97 (-10.01%)
Ashfaq Textile / Oct 2 Ashfaq Textile Mills Limited(ASHT)	40.96 ▼ -4.55 (-10%)
Asim Textile / Oct 2 Asim Textile Mills Limited(ASTM)	112.10 ▼ -12.46 (-10%)
Buxly Paints / Oct 2 Buxly Paints Limited(BUXL)	418.57 ▼ -46.51 (-10%)
First Tri-Star Mod. / Oct 2 First Tri-Star Modaraba(FTSM)	39.63 ▼ -4.4 (-9.99%)
First Punjab Modaraba / Oct 2 First Punjab Modaraba(FPJM)	23.53 ▼ -2.61 (-9.98%)
Dadex Eternit / Oct 2 Dadex Eternit Limited(DADX)	131.41 ▼ -12.77 (-8.86%)
Barkat Frisian Agro / Oct 2 Barkat Frisian Agro Limited(BFAGRO)	28.51 ▼ -2.71 (-8.68%)
JS Global Cap. / Oct 2 JS Global Capital Limited(JSGCL)	137.38 ▼ -12.15 (-8.13%)
Oilboy Energy / Oct 2 Oilboy Energy Limited(OBOY)	17.03 ▼ -1.35 (-7.34%)

Stock	Volume
F. Nat.Equities / Oct 2 First National Equities Limited(FNEL)	42,508,520 ▲ 0.01
WorldCall Telecom / Oct 2 Worldcall Telecom Limited(WTL)	40,080,634 ▲ 0
D.S. Ind. Ltd. / Oct 2 D.S. Industries Limited(DSIL)	29,509,663 ▲ 1.57
First Punjab Modaraba / Oct 2 First Punjab Modaraba(FPJM)	28,172,021 ▼ -2.61
Kohinoor Spinning / Oct 2 Kohinoor Spinning Mills Limited(KOSM)	25,073,393 ▼ -0.27
K-Electric Ltd. / Oct 2 K-Electric Limited(KEL)	23,525,673 ▼ -0.09
Pak Int.Bulk / Oct 2 Pakistan International Bulk Terminal(PIBTL)	22,226,008 ▼ -0.51
Cnergyico PK / Oct 2 Cnergyico PK Limited(CNERGY)	20,891,792 ▼ -0.26
Pak Refinery / Oct 2 Pakistan Refinery Limited(PRL)	17,786,560 ▼ -0.87
Tasdeeq Info. Serv. / Oct 2 Tasdeeq Information Services Limited(TISL)	12,475,872 ▼ -0.11

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