The Securities and Exchange Board of India (SEBI) on Thursday dismissed allegations of stock manipulation against billionaire Gautam Adani and his group of companies made by US short-seller Hindenburg Research. SEBI began investigating Adani Group companies, including Adani Ports, Adani Power and Adani Enterprises, in 2023 after Hindenburg accused them of using tax havens and failing to disclos
As artificial intelligence reshapes industries across the globe, Telenor Pakistan is ensuring that the transition to an AI-First future begins with its people. The company recently marked AI Day as part of the Telenor Group’s global celebrations, showcasing how it is embedding AI not just into systems but into skills, culture and daily ways of working. At the heart of this vision is AI Verse, a
Pakistan’s mining sector has the potential to significantly increase its contribution to the national economy, with revenues projected to rise from $2 billion to $6-8bn annually by 2030, provided the country capitalises on its vast untapped mineral reserves. In a keynote address at the Natural Resources and Energy Summit 2025 on Wednesday, Shamsuddin A. Shaikh, CEO of National Resources Ltd (NR
Pakistan has reaffirmed its focus on integrating the New Gwadar International Airport with the port as part of the five-year Maritime Affairs Action Plan (2025-2029), aiming to transform Gwadar into a regional trade and transit hub. The commitment was made during a high-level meeting chaired by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Wednesday. The plan, aligned
The government exceeded its borrowing target in the treasury bills (T-bills) auction held on Wednesday, raising Rs201.8 billion against Rs175bn, but kept cut-off yields largely unchanged. The auction saw bids surpassing Rs1tr, though the amount raised remained within the targeted range. According to the State Bank of Pakistan (SBP), a total of Rs1,071bn in bids were submitted, with the governme