Selling pressure returned to the Pakistan Stock Exchange (PSX) after renewed hostilities broke out between the US and Iran, with the benchmark KSE-100 Index shedding over 1,600 points during the opening hours of trading on Friday. At 9:40am, the benchmark index was hovering at 171,278.69, down by 1,615.58 points or 0.93%. Selling was observed in key sectors, including automobile assemblers,
The Senate Standing Committee on National Health Services and Regulations on Thursday advanced on major health reforms and pharmaceutical deregulation strategies. The Senate body also directed the Competition Commission of Pakistan (CCP) to review the matter of the recent hike in medicine prices. The standing committee met here under the chairmanship of Senator Amir Waliuddin Chishti to deliber
The International Monetary Fund (IMF) warned on Thursday of the risks to global financial stability posed by cyberattacks powered by advanced artificial intelligence tools, calling for greater international cooperation on the issue. “IMF analysis suggests that extreme cyber-incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets,” the lender warned in
The textile exporters, dairy, telecom, and real estate sector have strongly proposed that Finance Bill 2026 should reduce tax burden on documented sectors, including abolishing the super tax and reducing rates of Withholding Taxes (WHT) in the upcoming budget. During the Senate Standing Committee on Finance and Revenues which met under Chairmanship of Senator Saleem Mandviwalla here at the Parl
Pakistan’s total liquid foreign exchange reserves increased by USD 25 million during the last week, reflecting gradual improvement in the country’s external account position. According to the weekly report issued by the State Bank of Pakistan (SBP) on Tuesday, the country’s total liquid foreign exchange reserves rose to USD21.294 billion as of April 30, 2026, compared with USD21.269 billion rec