The Pakistan Stock Exchange (PSX) continued its record-setting streak for a third consecutive session on Monday, with the benchmark KSE 100 index soaring to an all-time high of 163,847 points, up 1,590 points or 0.98 per cent. The rally, which pushed the index closer to the 164,000 mark, was largely driven by aggressive local mutual fund buying and institutional inflows. According to Topline S
Pakistan’s improved macroeconomic conditions have contributed to an uptick in growth in fiscal year 2025, underpinned by increased investment driven by continued policy reforms and economic stability, the Asian Development Bank (ADB) said in a report today. According to the Asian Development Outlook (ADO) September 2025, the ADB’s annual flagship economic publication, Pakistan’s growth is proje
An International Monetary Fund (IMF) mission led by Iva Petrova held a formal kick-off meeting with Pakistan’s economic team, headed by Finance Minister Muhammad Aurangzeb, to review the implementation of the $7bn Extended Financing Facility (EFF) and the $1.1bn Resilience & Sustainability Facility (RSF). The programme’s performance as of end-June 2025 — the period under review — has been mi
The Power Division has dismissed concerns raised by the All Pakistan Textile Mills Association (Aptma) regarding the government’s power generation planning, particularly the Indicative Generation Capacity Expansion Plan (IGCEP) 2025-35. In its comments sent to the National Electric Power Regulatory Authority (Nepra), the Power Division rejected Aptma’s criticism, describing it as flawed and
After several months, a fuel cost adjustment will add Rs2 per unit to the burden of power consumers across the country, including Karachi, in October, despite more than 76 per cent power generation coming from cheaper domestic sources. Testifying before a public hearing, Rehan Akhtar, chief executive officer (CEO) of the Central Power Purchasing Agency (CPPA) — a government subsidiary — said th