The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 1.29 percent for the combined consumption groups during the week ended on September 2, the Pakistan Bureau of Statistics (PBS) reported on Friday. The SPI for the week under review in the above-mentioned group was recorded at 335.41 points as compared […]
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Pakistan targets $600m in seafood exports for FY 2025–26: minister
Pakistani seafood exporters met with Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry in Beijing and updated him on discussions with their Chinese counterparts as Islamabad intensifies efforts to expand its fisheries exports. During the meeting, the minister emphasized that signing memorandums of understanding and fostering business-to-business agreements will play a crucial role in […]
SBP to remain closed today
The State Bank of Pakistan (SBP) on Friday said it will remain closed on Saturday, September 6, 2025, on account of Eid Milad-un-Nabi, the birth of Prophet Muhammad (PBUH). “The State Bank of Pakistan will remain closed on Saturday, September 6, 2025 (i.e. 12th Rabiul Awwal, 1447 A.H.) on the occasion of Eid Milad-un-Nabi (Sallallahu […]
Employment generation linked to business-friendly policies
President Islamabad Chamber of Commerce and Industry (ICCI) Nasir Mansoor Qureshi Friday emphasized that the business community is the real mover and shaker of the economy, and therefore, it must be actively involved in policy making to boost trade and industry, generate employment and broaden the tax base. He expressed these views while talking to […]
SECP outlines reforms to broaden access, inclusion and investment opportunities
Chairperson Securities and Exchange Commission of Pakistan (SECP) Akif Saeed Friday said that the SECP was actively pursuing a comprehensive digitalization agenda to improve access to finance, enhance financial inclusion and increase efficiency in the delivery of financial services. He stated this while talking to President Askari Bank Limited Zia Ijaz, and senior members of […]
PSX continues with bullish trend, gains 1,611 more points
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index continued with bullish trend on Friday, gaining 1,611.47 more points, a positive change of 1.06 percent, closing at 154,277.19 points against 152,665.72 points last trading day. A total of 1,078,410,471 shares were traded during the day as compared to 954,327,333 shares the previous trading day, whereas the […]
Punjab cuts off feed mills’ wheat supply
The Punjab government has decided to enforce the ban of wheat in feed mills for 30 days – till October 3 – to increase supply for human consumption. The Punjab home secretary imposed this restriction under Section 144(6) of the Criminal Procedure Code 1898. “The use of wheat in feed manufacturing by the feed millers […]
PPL announces major oil, gas discovery in Attock district
The Pakistan Petroleum Limited (PPL), one of the country’s leading oil and gas exploration and production companies, has discovered “significant” oil and gas reserves in the Attock district of the eastern Punjab province, it said on Friday. This landmark discovery at Dhok Sultan-03 well is not only a major milestone for PPL and its partner, […]
Pakistan to send 12+ trade delegations to China to boost exports
Pakistan has stepped up efforts to expand its exports to China during the financial year 2025-26, with dozens of companies preparing to take part in leading international exhibitions in major Chinese cities, according to a report carried by Gwadar Pro on Friday. According to the Trade Development Authority of Pakistan (TDAP)’s 2025–26 calendar, business delegations […]
Re gains 1 paisa against US $
The Rupee on Friday appreciated by 01 paisa against the US Dollar in the interbank trading and closed at Rs 281.65 against the previous day’s closing Rs 281.66. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 282.3 and Rs […]