Business News | PSX | News Updates from Pakistan Economy

Inflation drops to 0.3%, lowest level in six decades

Contrary to official and independent expectations for an uptick, Pakistan's annual inflation rate further slowed down to its lowest level in six decades, 0.3% in April, bringing the central bank into the spotlight ahead of…

May 3, 2025
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Aurangzeb vows to achieve sustainable economic growth

Finance Minister Muhammad Aurangzeb has reaffirmed government's commitment to achieving sustainable and inclusive economic growth by enhancing productivity and promoting exports.

May 2, 2025
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Govt slashes petrol, high-speed diesel prices by Rs2

The federal government on Wednesday slashed the prices of petrol and high-speed diesel (HSD) by Rs2 per litre for the next fortnight.

April 30, 2025
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Pak-India tensions drag PSX down over 3,500 points

The bourse saw a sharp decline on Wednesday as geopolitical tensions escalated following a late-night warning from the federal government that India may launch a military strike within the next 24 to 36 hours.

April 30, 2025
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Gold prices drop in Pakistan as global rates fall

The price of gold in Pakistan continues to drop, in line with the rates world over.

April 28, 2025
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China denies trade talks with US despite Trump's claim

China repeated Saturday that it had held no talks with the United States on trade issues, despite President Donald Trump’s claim that he had taken a call from Xi Jinping.

April 26, 2025
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ADB announces additional assistance package of $330m for Pakistan

Asian Development Bank (ADB) has announced an additional $330 million in financial assistance for Pakistan’s social protection programme, aiming to benefit around 9.3 million people nationwide.

April 24, 2025
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Gold prices hit new record high

Gold prices in Pakistan surged to an all-time high on Tuesday, tracking a sharp rise in international rates.

April 22, 2025
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World Bank slams Pakistan's tax system highly ‘unfair and absurd’

The World Bank has termed Pakistan’s tax system as “extremely unfair and absurd” and emphasized that property must be effectively brought into the tax net with accurate registration and taxation, as reported by national media.

April 17, 2025
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Pakistan Conditions Salaried Tax Relief on IMF Consent

Pakistan has ‘linked’ tax relief for the salaried class with the consent of the International Monetary Fund (IMF) in the upcoming FY2025-26 budget.As per details, as preparations for the upcoming federal budget are underway, high-level…

April 16, 2025
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Fitch upgrades Pakistan’s credit rating to ‘B-’ from ‘CCC+’

Global ratings agency Fitch on Tuesday upgraded Pakistan’s foreign currency credit rating to ‘B-’ from ‘CCC+’, citing increased confidence in the country’s progress on narrowing its budget deficits.

April 15, 2025
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Pakistan becomes leading importer of solar panels

Despite no sweeping law, no global investment blitz, no prime minister announcing a green revolution, Pakistan still imported more solar panels than almost any other nation in the world by the end of 2024.

April 14, 2025
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Gold price hikes by Rs1,800 per tola

Gold prices continued to increase on Saturday and reached a fresh record in Pakistan. In the local market, gold price per tola reached Rs340,600 after a single-day rise of Rs1,800.

April 12, 2025
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Nepra nods Rs1.71 per unit power tariff cut, excluding lifeline consumers

The National Electric Power Regulatory Authority (Nepra) has approved a government proposal to reduce electricity tariffs by Rs1.71 per unit, citing a relief in the Petroleum Development Levy (PDL).

April 10, 2025
Published in Business