The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off on Tuesday, with the benchmark KSE-100 Index plunging 2,547 points as investor sentiment weakened amid renewed political uncertainty and rising oil prices. Market pressure intensified after the Supreme Court ordered Adiala jail authorities to transfer incarcerated Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan to Shifa Internationa
Pakistan's trade deficit in July 2026 stood at $3.98bn compared to a deficit of $3.15bn in the same month last year, reflecting a rise of 26.1% YoY, according to provisional data released by the Pakistan Bureau of Statistics (PBS). Meanwhile, compared to June 2026's deficit of $4.66bn, the trade deficit has narrowed by 14.6%. Exports in July 2026 rose by 10.4% YoY to $2.96bn compared to $2.6
Google has officially opened its office in Pakistan, marking a significant development for the country’s technology sector and digital economy. Prime Minister Shehbaz Sharif inaugurated the Google Pakistan Office in the presence of Google Vice President Global Affairs Wilson L. White, David Weller and their team. The development was announced by Minister of State for IT and Telecommunication
Textile exports rose 3.91% year-on-year (YoY) to $1.64bn in July, driven by growth in knitwear and readymade garments, data released by the State Bank of Pakistan (SBP) showed. On a month-on-month (MoM) basis, textile exports increased by 4.99% compared to $1.56bn in June 2026. The total exports as per the Balance of Payments (BOP) for July stood at $3.01bn, up 9.38% YoY compared to $2.75bn
China remained the top export destination for Pakistan during July, with $2.11 billion worth of shipments, up by 48.3% against the exports of $1.42 billion in same period last year. According to the data released by the State Bank of Pakistan, this was followed by U. A. E. Dubai, as Pakistan exported goods worth $495.7m to the country as compared to the exports of $497.94m recorded during the s