Pakistan’s headline inflation clocked in at 5.6% on a year-on-year (YoY) basis in September 2025, showed Pakistan Bureau of Statistics (PBS) data on Wednesday, a reading significantly higher than the Finance ministry’s estimate of 3.5-4.5%, showed Pakistan Bureau of Statistics (PBS) data on Wednesday. In August 2025, the consumer price index (CPI) was recorded at […]
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FBR records shortfall of Rs 156bn in Sept alone
Pakistan’s tax revenue witnessed a major setback due to the recent floods, with the Federal Board of Revenue (FBR) recording a shortfall of Rs156 billion in September alone. According to data, the FBR fell short of its first-quarter (July-September) target by Rs199 billion. Against the set target of Rs3,083 billion, collections stood at Rs2,885 billion […]
Pakistan eyes American investment amid improved US ties: Bloomberg
Finance Minister Muhammad Aurangzeb said Pakistan is planning an investor conference in Washington later this month to attract American investors, Bloomberg reported on Wednesday. “The sectors are very clear where we seek their investment and where we see a clear investment appetite,” Aurangzeb said in an interview with Bloomberg News in Islamabad. “With respect to […]
Rupee gains 1 paisa against US Dollar
The Rupee on Wednesday appreciated by 01 paisa against the US Dollar in the interbank trading and closed at Rs 281.30 against the previous day’s closing of Rs 281.31. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 282.25 and […]
Gold price surges by Rs 3,500 to Rs 410,278 per tola
The price of 24 karat gold witnessed an increase of Rs3,500 on Wednesday and was sold all time high at Rs410,278 per tola as compared to Rs406,778 on the last trading day. According to All Sindh Sarafa Jewellers Association, the price of 10 grams of 24 karat gold also increased by Rs3,001 to Rs351,747 from […]
PSX gains 146 points to close at 165,640
The Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, as the benchmark KSE-100 index gained 146.75 points, showing a positive change of 0.09 percent, and closed at 165,640.34 points against 165,493.59 points on the previous trading day. A total of 1,639,021,153 shares were traded during the day compared to 1,349,798,022 shares the previous […]
Govt raises freight margin on petroleum products
The government revised upward the freight margins on petroleum products. According to official documents, the freight margin on high-speed diesel has been fixed at Rs6.19 per litre, with an additional 32 paisa per litre increase in the extra margin. On petrol, the freight margin has been raised by Rs2.04 per litre, bringing the total to […]
OGDC announces gas, condensate discovery in Sindh
Oil and Gas Development Company Limited (OGDC) on Wednesday announced a significant discovery of gas and condensate at Bitrism East-1 exploratory well, located in District Khairpur, Sindh. OGDC is the operator of the Bitrism Exploration License with 95% working interest, along with Government Holdings (Private) Limited (GHPL) holding 5% working interest, said a news release. […]
CCP grants approval for PTCL’s acquisition of Telenor Pakistan
PTCL expressed gratitude to the Competition Commission of Pakistan (CCP) for successfully concluding Phase II of the review of its acquisition of Telenor Pakistan. “We highly appreciate the Commission’s thoroughness in safeguarding the future outlook and long-term sustainability of Pakistan’s telecom sector. We are especially thankful to our customers, partners, and the wider telecom community […]
Pakistan repays $500m Eurobond, maintains steady debt servicing
Pakistan has successfully repaid its $500 million International Bond (Eurobond) that matured on September 30, 2025, in line with all its obligations, Advisor to Finance Minister, Khurram Schehzad said here on Wednesday. The bond, issued in 2015 to global investors with a 10-year tenor, was settled on schedule, reflecting the country’s commitment to financial discipline, […]