News Archives for Business & Finance - 2026-09-26 - Business Recorder

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اردو

Oct 03, 2026 اردو

Print Edition BR Markets Dollar to PKR

Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices

Business & Finance - 2026-09-26

Five things to know about Salman Dar, Apple's first head of govt affairs for Pakistan

Business & Finance

Five things to know about Salman Dar, Apple's first head of govt affairs for Pakistan

Dar's appointment is considered significant development as Pakistan aims to strengthen its digital economy

Published 26 Sep, 2026 06:27pm

TPS Worldwide wins gold at P@SHA ICT Awards 2026 for IRIS Tokenization Connect

Companies

TPS Worldwide wins gold at P@SHA ICT Awards 2026 for IRIS Tokenization Connect

TPS Worldwide has won Gold at the P@SHA ICT Awards 2026 for IRIS Tokenization Connect: Building Pakistan’s National...

Published 26 Sep, 2026 05:19pm

Sazgar to launch Cannon Alpha in coming months: report

Companies

Sazgar to launch Cannon Alpha in coming months: report

Sazgar Engineering Works Limited is expected to launch its new Cannon Alpha vehicle in Pakistan in the coming...

Published 26 Sep, 2026 04:22pm

China, US agree to $30 billion tariff cut, AI dialogue during Xi visit

Asia

China, US agree to $30 billion tariff cut, AI dialogue during Xi visit

SHANGHAI: China and the US have agreed to a $30 billion reciprocal tariff-reduction arrangement and to launch...

Published 26 Sep, 2026 01:50pm

Pakistan, Portugal discuss investment opportunities in textiles, agri & SEZs

Business & Finance

Pakistan, Portugal discuss investment opportunities in textiles, agri & SEZs

Engagement also highlighted opportunities emerging from Pakistan’s growing connectivity with international businesses

Published 26 Sep, 2026 01:38pm

Gold price drops by Rs2,100 per tola in Pakistan

Commodities

Gold price drops by Rs2,100 per tola in Pakistan

International rate of gold declines by $21 to reach $4,284 per ounce

Published 26 Sep, 2026 01:36pm

Pakistan September inflation seen easing but energy pressures persist

Money & Banking

Pakistan September inflation seen easing but energy pressures persist

Elevated fuel and electricity costs continue to exert pressure, complicating the SBP's monetary policy decisions

Published 26 Sep, 2026 12:07pm

Governor calls for policy to boost local solar manufacturing

Pakistan

Governor calls for policy to boost local solar manufacturing

LAHORE: Punjab Governor Sardar Saleem Haider Khan has called for a policy framework to promote domestic...

Published 26 Sep, 2026 06:34am

Oil prices slide 2pc

Energy

Oil prices slide 2pc

NEW YORK: Oil prices fell about 2 percent on Friday on mounting hopes for a truce between the US and Iran and talk...

Published 26 Sep, 2026 06:28am

SPI-based inflation rises slightly

Commodities

SPI-based inflation rises slightly

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended on September 24 recorded an increase...

Published 26 Sep, 2026 05:57am

FBR establishes NFC in Islamabad

Business & Finance

FBR establishes NFC in Islamabad

ISLAMABAD: The Federal Board of Revenue (FBR) Friday announced establishment of the National Faceless Centre (NFC)...

Published 26 Sep, 2026 05:54am

CPF 2026-35: World Bank Group pledges to mobilise up to USD2bn annually over next decade

Business & Finance

CPF 2026-35: World Bank Group pledges to mobilise up to USD2bn annually over next decade

ISLAMABAD: The World Bank Group has pledged to mobilise up to USD2 billion annually for Pakistan over the next...

Published 26 Sep, 2026 05:42am

PITB offers free product photography to entrepreneurs

Business & Finance

PITB offers free product photography to entrepreneurs

LAHORE: The Punjab Information Technology Board (PITB), in collaboration with the Punjab Social Welfare Department,...

Published 26 Sep, 2026 05:19am

TPS Worldwide wins gold at P@SHA ICT Awards 2026

Companies

TPS Worldwide wins gold at P@SHA ICT Awards 2026

KARACHI: TPS Worldwide has won Gold at the P@SHA ICT Awards 2026 for IRIS Tokenization Connect: Building Pakistan’s...

Published 26 Sep, 2026 05:19am

SMEDA, Daraz Pak explore e-commerce programme for SMEs

Business & Finance

SMEDA, Daraz Pak explore e-commerce programme for SMEs

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and Daraz Pakistan will explore new avenues...

Published 26 Sep, 2026 05:19am

SEPA introduces digitalisation, SIEMMI system

Business & Finance

SEPA introduces digitalisation, SIEMMI system

KARACHI: ‎The Sindh Environmental Protection Agency (SEPA) has showcased its digitalisation initiative and the Sindh...

Published 26 Sep, 2026 05:19am

Income tax returns, wealth statements: PM urged to extend deadline

Taxes

Income tax returns, wealth statements: PM urged to extend deadline

ISLAMABAD: Tax practitioners have asked Prime Minister Shehbaz Sharif to extend the deadline for filing income tax...

Published 26 Sep, 2026 05:19am

BMG gets majority support in KCCI elections

Industry

BMG gets majority support in KCCI elections

KARACHI: Several trade associations and small traders on Friday announced their support for the Businessmen Group...

Published 26 Sep, 2026 05:19am

Muhammad Shoaib Ibrahim elected chairman of NBFI & MAP

Pakistan

Muhammad Shoaib Ibrahim elected chairman of NBFI & MAP

KARACHI: Muhammad Shoaib Ibrahim, Chief Executive, First Habib Modaraba has been elected as Chairman, Mian Faysal...

Published 26 Sep, 2026 05:19am

World Bank team reviews property tax collection system in Sindh

Business & Finance

World Bank team reviews property tax collection system in Sindh

KARACHI: Sindh Minister for Local Government Syed Nasir Hussain Shah chaired an important meeting with a World Bank...

Published 26 Sep, 2026 05:19am

ICCI holds seminar titled ‘Islamabad Governance & Provincial Status Convention’: Islamabad needs comprehensive modern governance model

Industry

ICCI holds seminar titled ‘Islamabad Governance & Provincial Status Convention’: Islamabad needs comprehensive modern governance model

ISLAMABAD: Islamabad needs a comprehensive modern governance model that empowers the masses, ensures financial...

Published 26 Sep, 2026 05:19am

FBR creates new post of DG NFC

Business & Finance

FBR creates new post of DG NFC

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday created a new post of Director General, National Faceless...

Published 26 Sep, 2026 05:19am

BYD-MMC, Pakistan reaches 10,000-vehicle milestone

Companies

BYD-MMC, Pakistan reaches 10,000-vehicle milestone

KARACHI: BYD-MMC, Pakistan, on Friday announced that it has reached a milestone of 10,000 vehicles, marking the...

Published 26 Sep, 2026 05:19am

4.79m tokens redeemed: Fuel relief scheme registration reaches 5.9m mark

Business & Finance

4.79m tokens redeemed: Fuel relief scheme registration reaches 5.9m mark

ISLAMABAD: More than 5.9 million citizens have been registered under the Prime Minister’s Fuel Relief Scheme, with...

Published 26 Sep, 2026 05:19am

KCCI elections to be held today

Industry

KCCI elections to be held today

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has made all the arrangements to hold elections on 30...

Published 26 Sep, 2026 05:19am

New values on import of Sodium Sulphate Anhydrous fixed

Business & Finance

New values on import of Sodium Sulphate Anhydrous fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of Sodium...

Published 26 Sep, 2026 05:19am

Late tax returns: Govt warns shopkeepers of fines

Business & Finance

Late tax returns: Govt warns shopkeepers of fines

ISLAMABAD: The government has warned shopkeepers that failure to file returns under the Fixed Tax Asaan Scheme after...

Published 26 Sep, 2026 05:19am

Petrol price up by Rs2.02, HSD’s down by Rs3.59

Business & Finance

Petrol price up by Rs2.02, HSD’s down by Rs3.59

ISLAMABAD: The government on Friday announced revision in fuel prices, which will remain applicable during next...

Published 26 Sep, 2026 05:19am

Jazz deploys 15.1 Gbps microwave link over single antenna

Companies

Jazz deploys 15.1 Gbps microwave link over single antenna

ISLAMABAD: Jazz has successfully deployed Pakistan’s first and highest-capacity 15.1 Gbps microwave link over a...

Published 26 Sep, 2026 05:19am

Khurram Javaid Mughal elected as Chairman PALSP

Industry

Khurram Javaid Mughal elected as Chairman PALSP

ISLAMABAD: Khurram Javaid Mughal, Chief Executive Officer of Mughal Iron & Steel Industries Limited (Mughal...

Published 26 Sep, 2026 05:19am

PEMA elects office-bearers

Industry

PEMA elects office-bearers

KARACHI: The Annual General Meeting and election of the Pakistan Ethanol Manufacturers Association (PEMA) was held...

Published 26 Sep, 2026 05:19am

PIEDMC approves Rs44bn budget for 2026-27

Business & Finance

PIEDMC approves Rs44bn budget for 2026-27

LAHORE: The Punjab Industrial Estates Development and Management Company (PIEDMC) Board of Directors has approved a...

Published 26 Sep, 2026 05:19am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 1	277.30
USD PKR Interbank Buying / Oct 1	277.10
USD to Japanese Yen / Oct 2	157.82
USD to Swiss Franc / Oct 2	0.83
Pound Sterling to USD / Oct 2	1.32
Euro to USD / Oct 2	1.12
SOFR % / Sep 30	3.90

Stock	Volume
S&P 500 / Oct 1	7,666.45
India Sensex / Oct 1	71,909.70
Nasdaq / Oct 1	26,871.60
Dow Jones / Oct 1	50,926.56
Tokyo Nikkei / Oct 2	68,326.72
Hang Seng / Oct 2	24,012.97
FTSE 100 / Oct 2	10,443.98
Germany DAX 30 / Oct 2	24,999.92
France CAC40 / Oct 2	7,858.85

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 1	18,480
Crude Oil USD/Barrel / Oct 2	92.52
Gold 10 Grams PKR / Oct 2	377,774
Gold Spot USD/Ounce / Oct 2	4,189.29
Cotton US¢/pound / Oct 2	77.51
Petrol/Litre / Oct 3	390.66
Diesel/Litre / Oct 3	399.34

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Oct 2 Dewan Sugar Mills Limited(DWSM)	7.21 ▲ 1 (16.1%)
Burj Clean Energy Modaraba / Oct 2 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	12.38 ▲ 1.13 (10.04%)
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%)
Popular Islamic / Oct 2 Popular Islamic Modaraba(PIM)	72.16 ▲ 6.56 (10%)

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)	130.10 ▼ -14.08 (-9.77%)
Mughal Energy / Oct 2 Mughal Energy Limited(GEM)(GEMMEL)	37.25 ▼ -3.84 (-9.35%)
Sindh Modaraba / Oct 2 Sindh Modaraba(SINDM)	33.10 ▼ -3.23 (-8.89%)
Barkat Frisian Agro / Oct 2 Barkat Frisian Agro Limited(BFAGRO)	28.50 ▼ -2.72 (-8.71%)

Stock	Volume
F. Nat.Equities / Oct 2 First National Equities Limited(FNEL)	41,237,338 ▲ 0.01
WorldCall Telecom / Oct 2 Worldcall Telecom Limited(WTL)	37,879,624 ▲ 0
D.S. Ind. Ltd. / Oct 2 D.S. Industries Limited(DSIL)	29,509,030 ▲ 1.57
First Punjab Modaraba / Oct 2 First Punjab Modaraba(FPJM)	28,164,214 ▼ -2.61
Kohinoor Spinning / Oct 2 Kohinoor Spinning Mills Limited(KOSM)	25,036,855 ▼ -0.26
K-Electric Ltd. / Oct 2 K-Electric Limited(KEL)	23,301,678 ▼ -0.09
Pak Int.Bulk / Oct 2 Pakistan International Bulk Terminal(PIBTL)	22,009,408 ▼ -0.48
Cnergyico PK / Oct 2 Cnergyico PK Limited(CNERGY)	20,747,669 ▼ -0.23
Pak Refinery / Oct 2 Pakistan Refinery Limited(PRL)	17,775,295 ▼ -0.33
Tasdeeq Info. Serv. / Oct 2 Tasdeeq Information Services Limited(TISL)	12,225,150 ▼ -0.09

Income tax calculator for FY 2026-27

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