Business – Page 8 – South Asian Desk

Three large electrical transformers in an outdoor substation, surrounded by a fence and power lines under a clear blue sky.

Pakistan Investigates Transformer Cartel over Alleged Bid Rigging

Friday, August 15, 2025

The Competition Commission of Pakistan (CCP) carried out raids on July 18, 2025, targeting four transformer material suppliers suspected of forming a cartel to manipulate public sector tenders. The probe was launched

A large cargo ship loaded with colorful shipping containers sailing on the ocean.

Pakistan Expands Shipping Fleet to Strengthen Maritime Trade in 2025

Friday, August 15, 2025

Business·Current Affairs

Pakistan is set to expand its national shipping fleet as part of a strategic effort to reduce a $4 billion annual foreign exchange loss incurred by relying on international shipping services. During

Gwadar Ferry Service: A New Maritime Link to the Gulf

Friday, August 15, 2025

Business

Pakistan is advancing plans to launch a ferry service from Gwadar Port to Gulf Cooperation Council (GCC) countries, aiming to strengthen regional trade and connectivity. Five private companies have submitted proposals to

Pakistan Stock Exchange Surges Past 1,100 Points in Early Trading

KSE-100 Index Soars Past 140,000, Setting New Record

Friday, August 15, 2025

Business

The Pakistan Stock Exchange (PSX) achieved a historic milestone on July 18, 2025, as the KSE-100 Index surged past the 140,000-point mark during early trading, driven by robust institutional buying and positive

India’s Ban on Jane Street Sparks Debate Over Regulatory Oversight

Friday, August 15, 2025

Business

On July 3, 2025, India’s Securities and Exchange Board (SEBI) barred U.S.-based Jane Street Group from trading in Indian securities markets, alleging the firm manipulated the Nifty 50 and Bank Nifty indices

Tesla Enters India with High Stakes and Higher Prices

Friday, August 15, 2025

Business

Tesla has officially entered the Indian market, opening its first showroom in Mumbai’s Bandra Kurla Complex on July 15, 2025. The 4,000-square-foot “Experience Center” showcases the Model Y, priced at ₹60 lakh

Reko Diq Boosts Balochistan with $28M in Taxes and Investments

Friday, August 15, 2025

Business·Current Affairs

The Reko Diq Mining Corporation (RDMC) has injected over $28 million into Balochistan’s economy through taxes, royalties, and community investments as of June 2025. This includes $17.5 million in royalties, $3.8 million

The flags of Bangladesh and the United States waving on poles against a clear blue sky.

Bangladesh brings private sector into US tariff negotiations

Friday, August 15, 2025

Business

Bangladesh is set to include private sector representatives in upcoming trade negotiations with the United States to address a proposed 35% tariff on Bangladeshi exports. The new tariff regime, expected to take

Fuel Price Hike Sparks Industry Concerns in Pakistan

Friday, August 15, 2025

Business

A recent increase in fuel prices in Pakistan has raised significant concerns among business leaders and industry experts, who warn of severe economic repercussions. Petrol prices have risen by Rs5.36 per litre

US Companies Explore Investment Opportunities in Pakistan’s Port Sector

Friday, August 15, 2025

Business·Current Affairs

Over 65 American companies recently participated in a webinar to explore investment prospects in Pakistan’s port sector, focusing on Karachi Port and Port Qasim. The event, organized by the US Department of

Pakistan’s Business Community Prepares for Nationwide Strike Over Tax Policies

Friday, August 15, 2025

Business·Current Affairs

Pakistan’s business and trade sectors are organizing a nationwide strike to protest recent tax measures introduced in the Finance Act 2025. Led by the Karachi Chamber of Commerce and Industry (KCCI) and

UK Clears Pakistani Airlines for Takeoff After 5-Year Ban

Friday, August 15, 2025

Business·Current Affairs

On July 16, 2025, the United Kingdom officially removed Pakistan from its Air Safety List, a move that now allows Pakistani airlines—including Pakistan International Airlines (PIA)—to apply for permits to resume flights

A hand holding a pile of white sugar crystals, with a large sack of sugar in the background.

Twin Cities Reel from Sugar Crisis as Prices Soar, Imports Planned

Friday, August 15, 2025

Business·Current Affairs

The twin cities of Rawalpindi and Islamabad are grappling with a worsening sugar shortage, with prices soaring to record highs. In retail markets, sugar is being sold for Rs190 to Rs200 per

An industrial power plant with multiple large cylindrical towers and a blue-roofed building, labeled "KAPCO," situated in an open area with a clear sky and a road with barriers in the foreground.

KAPCO Finalizes Rs800 Million Gas Turbine Sale to Rizwan Steel

Friday, August 15, 2025

Business

Kot Addu Power Company Limited (KAPCO) has received shareholder approval to sell two of its gas turbines — GT-3 and GT-4 — along with associated components, to Rizwan Steel (Private) Limited for

SBI Plans to Raise 200 Billion Rupees Through Bonds in FY26

Friday, August 15, 2025

Business

State Bank of India (SBI), the country’s largest lender by assets, has approved a plan to raise up to 200 billion rupees ($2.33 billion) through bonds in the fiscal year 2026. The

India’s Stock Benchmarks Dip Slightly Amid Auto Sector Losses

Friday, August 15, 2025

Business

India’s equity benchmarks, the Nifty 50 and BSE Sensex, experienced a slight decline, primarily driven by losses in the auto sector. The Nifty 50 fell 0.21% to 25,141, while the Sensex dropped

Pakistan Initiates Talks with Traders to Address Tax Reform Concerns

Friday, August 15, 2025

Business

The Pakistani government has launched discussions with traders to address tensions over recent tax reforms, particularly the expanded powers granted to the Federal Board of Revenue (FBR) under Sections 37A and 37B

Pakistan’s Banking Sector Adjusts as Bank Lending Ratio Falls

Friday, August 15, 2025

Business·Current Affairs

Pakistan’s banking sector has seen a significant shift, with the bank lending ratio (advance-to-deposit ratio, or ADR) dropping to 38.1% in June 2025, down from 50% in December 2024, following the government’s

Tesla Enters India with Premium Model Y and Mumbai Flagship Showroom

Friday, August 15, 2025

Business·Current Affairs

Tesla officially made its long-awaited debut in the Indian automotive market on July 15, 2025, with the grand opening of its first showroom in Mumbai’s Bandra Kurla Complex (BKC). This marks a

A pair of hands holding a pile of gold coins, with a small classical building featuring columns placed on top, symbolizing wealth or a financial institution.

Pakistan’s Banks Shift Focus from Lending to Government Securities in June 2025

Friday, August 15, 2025

Business·Current Affairs

Pakistan’s banking sector recorded a continued decline in its gross Advance-to-Deposit Ratio (ADR), which fell to 38.1% as of June 2025, according to data from Arif Habib Limited. This marks a drop

A modern UK Border control area with a blue sign displaying "UK Border" overhead, featuring automated passport control booths, surveillance cameras, and circular ceiling lights in a busy airport terminal.

UK Rolls Out eVisas for Pakistani Students and Workers Starting July 15

Friday, August 15, 2025

Business·Current Affairs

Starting July 15, 2025, the United Kingdom has officially launched its eVisa system in Pakistan for most students and workers applying for visas valid for more than six months. This shift to

Pakistan and UK Sign Agreement to Strengthen Economic Ties

Friday, August 15, 2025

Business·Current Affairs

Pakistan and the United Kingdom have formalized a new agreement to enhance their economic partnership, marking a significant step in deepening bilateral trade and investment. Signed on July 14, 2025, in London,

Pakistan’s Exports to North America Show Strong Growth

Friday, August 15, 2025

Business·Current Affairs

Pakistan’s merchandise exports to North America have risen by 9.76% in the first eight months of fiscal year 2025, reaching $4.273 billion compared to $3.893 billion in the same period last year,

World Bank VP Meets Chief Adviser, Commends Bangladesh’s Economic Reforms

Friday, August 15, 2025

Business·Current Affairs

On July 14, 2025, Johannes Zutt, the World Bank’s newly appointed Vice President for South Asia, met with Bangladesh’s Chief Adviser in Dhaka to discuss ongoing economic reforms. Zutt praised the interim

An interior view of a stock exchange with a large electronic board displaying market data, and a few people sitting on benches, suggesting a trading session.

PSX Surges to Record 136,000+ Points, Signaling Investor Optimism

Friday, August 15, 2025

Business

The Pakistan Stock Exchange (PSX) hit a historic milestone on July 14, 2025, as the KSE-100 Index surged beyond the 135,000-point mark for the first time. By midday, it stood at 136,119.27

Workers installing solar panels on a rooftop, showcasing renewable energy infrastructure development.

Dewan Cement Turns to Solar, Cuts Fuel Reliance at Karachi Plant

Friday, August 15, 2025

Business

Dewan Cement Limited has launched a 6 MW solar power system at its manufacturing plant in Dhabeji, Karachi, fulfilling over half of its operational energy needs with clean energy. The shift aligns

Two men in suits shaking hands in a formal room with ornate chairs, flanked by the flags of Pakistan and Turkey, indicating a diplomatic meeting.

Pakistan-Turkiye Push for $5 Billion Trade Target with Renewed Strategy

Friday, August 15, 2025

Business

Pakistan and Turkiye are reenergizing efforts to reach their $5 billion bilateral trade goal, with Prime Minister Shehbaz Sharif instructing the Ministry of Commerce to set clear deliverables and timelines. In 2024,

US Seeks Duty-Free Access for Products in Bangladesh Trade Talks

Friday, August 15, 2025

Business·Current Affairs

The United States has formally requested Bangladesh to grant zero-duty access for a range of its products, as confirmed by Bangladesh’s Commerce Secretary Mahbubur Rahman. The request, communicated via email from the

Bitcoin Surpasses $120,000 Milestone

Friday, August 15, 2025

Business

Bitcoin has achieved a historic milestone, crossing the $120,000 threshold for the first time on July 14, 2025, driven by strong investor confidence in anticipated regulatory changes in the United States. The

Pakistan Faces Record Pulse Imports Amid Declining Production

Friday, August 15, 2025

Business·Current Affairs

Pakistan is grappling with a significant increase in pulse imports due to a persistent decline in domestic production. The surge in demand for pulses, a staple in the national diet, has led

Gwadar Invites Investors for Industrial Growth

Friday, August 15, 2025

Business·Current Affairs

The Gwadar Port Authority (GPA) is actively encouraging investors to establish industrial units in the Gwadar Free Zone, offering attractive incentives to boost economic activity in the region. The initiative, part of

A white electric car connected to a charging station with a yellow cable, displayed at an event with a backdrop featuring logos.

Hybrid Electric Vehicles in Pakistan: Affordability Still a Major Hurdle

Friday, August 15, 2025

Business·Current Affairs

Pakistan’s automotive sector is undergoing a significant shift with the introduction of the New Energy Vehicle (NEV) Policy 2025–30, aimed at promoting cleaner transportation and reducing reliance on fossil fuels. However, a

The exterior of an PTCL OneStopShop store with a sign and promotional posters in the windows.

PTCL Faces Mounting Losses Amid Telenor Acquisition Risks

Friday, August 15, 2025

Business·Current Affairs

Pakistan Telecommunication Company Limited (PTCL) is grappling with significant financial challenges as it navigates the complexities of a proposed acquisition of Telenor Pakistan. The telecom giant’s recent financial disclosures reveal mounting losses,

Auto Prices Surge Amid New Taxes in Pakistan

Friday, August 15, 2025

Business·Current Affairs

Vehicle prices in Pakistan have risen sharply, with increases of up to Rs600,000 reported across various models following the introduction of new taxes in the 2025-26 federal budget. The price hikes, affecting

Pak-Afghan Trade Nears $1 Billion in First Half of 2025

Friday, August 15, 2025

Business

Bilateral trade between Afghanistan and Pakistan has reached approximately $989 million in the first six months of 2025, reflecting a robust economic relationship between the two nations. Afghanistan’s exports to Pakistan, including

Bangladesh Prioritizes Economic and Industrial Growth

Friday, August 15, 2025

Business

Bangladesh is steering its economic strategy toward strengthening its industrial base and fostering sustainable growth. The nation, recognized as a global textile manufacturing hub, aims to diversify its economic foundation beyond its

US Imposes 35% Tariff and 40% Local Value Addition on Bangladeshi Goods

Friday, August 15, 2025

Business·Current Affairs

Bangladesh’s economy faces new hurdles as the United States introduces a 35% tariff on its exports, effective August 1, 2025, alongside a demand for 40% local value addition for goods labeled “Made

A man in a dark suit and tie with glasses, smiling against a dark, reflective background.

World Bank South Asia Vice President Visits Dhaka

Friday, August 15, 2025

Business·Current Affairs

On July 12, 2025, Johannes Zutt, the newly appointed World Bank Vice President for South Asia, arrived in Dhaka for a four-day official visit. During his stay, Zutt is scheduled to meet

Why Businessmen Rally Against Anti-Industry Tax Laws?

Friday, August 15, 2025

Business

Business communities across Pakistan have taken to the streets to protest recent tax laws perceived as detrimental to industrial growth. Traders, manufacturers, and small business owners argue that the new fiscal measures,

Foreign Investors Pull Over $1.5 Billion from Pakistan’s T-Bills in FY25

Friday, August 15, 2025

Business

Foreign investors have withdrawn more than $1.5 billion from Pakistan’s treasury bills (T-bills) in the fiscal year 2025, marking a significant outflow driven by declining returns and heightened geopolitical risks. Data from

Russia-Pakistan Steel Mills Revival: A New Chapter for Industrial Cooperation

Friday, August 15, 2025

Business·Current Affairs

Russia and Pakistan are set to collaborate on a significant industrial project to revive the Pakistan Steel Mills in Karachi, a facility that has been dormant since its closure in 2015. This

Google Expands Veo 3 and Flow to Pakistan, Empowering Local AI Creators

Friday, August 15, 2025

Business

Google announced on July 11, 2025, that its powerful video generation tool Veo 3, along with its AI filmmaking suite Flow, is now available in Pakistan as part of a global rollout

A busy port with numerous colorful shipping containers stacked high, red cranes overhead, and a cityscape in the background.

Pakistan and Vietnam to Begin Preferential Trade Agreement Talks in 2025

Friday, August 15, 2025

Business·Current Affairs

Pakistan and Vietnam have agreed to initiate negotiations for a Preferential Trade Agreement (PTA) within 2025, marking a renewed effort to strengthen bilateral trade and economic cooperation. The announcement came during the

Two small flags, one of Pakistan with a green background, white stripe, crescent moon, and star, and the other of Russia with white, blue, and red vertical stripes, placed on a table with blurred bottles and decorations in the background.

Pakistan Steel Mills Revival Bolstered by New Russia Agreement

Friday, August 15, 2025

Business·Current Affairs

Pakistan and Russia have officially signed a new agreement to advance the Pakistan Steel Mills Revival, aiming to restore and upgrade the Karachi-based facility that was originally built in 1973 with Soviet

Pakistani Mango Festival in Columbia Highlights Trade Opportunities

Friday, August 15, 2025

Business

The Pakistani Mango Festival in Columbia, held from July 10 to July 19, 2025, at Eastern Square, Souq Waqif, showcased the rich flavors of Pakistani mangoes, drawing attention to their quality and

Pakistan Introduces Platform for Digital Trade to Boost E-Commerce

Friday, August 15, 2025

Business

Pakistan has launched a new platform for digital trade to strengthen its e-commerce ecosystem and foster regional business connectivity. Announced on July 11, 2025, at the inaugural GLOBE Pakistan Summit, the initiative

Bangladesh and USA Tariff Talks Progress in Washington

Friday, August 15, 2025

Business·Current Affairs

The second round of tariff negotiations between Bangladesh and the United States is underway in Washington, DC, focusing on addressing the proposed 35% tariff on Bangladeshi exports, set to take effect on

Tesla to Launch First India Store in Mumbai on July 15

Friday, August 15, 2025

Business

Tesla, the U.S.-based electric vehicle manufacturer, will open its first Indian showroom in Mumbai on July 15, 2025, marking its official entry into the country’s automotive market. Located in the Bandra Kurla

Indian Shares Edge Lower as IT Stocks Drag on Market Gains

Friday, August 15, 2025

Business

Indian equity markets faced downward pressure on July 11, 2025, as weak earnings from Tata Consultancy Services (TCS) and ongoing U.S. tariff concerns weighed on investor sentiment. The Nifty 50 index fell

KSE 100 Climbs Over 1,200 Points, Hits All Time High Amid Earnings Season

Friday, August 15, 2025

Business·Current Affairs

The Pakistan Stock Exchange (PSX) soared to a record high on July 10, 2025, with the KSE-100 Index surging 1,205 points, or 0.91%, to close at 133,782.35, driven by strong investor confidence

A white electric vehicle connected to a charging station with a cable, displaying a charge level on the station's screen.

Dewan Farooque Begins Production of 300km Range Electric Vehicles

Friday, August 15, 2025

Business·Current Affairs

Dewan Farooque Motors Limited (DFML) has expanded its electric vehicle (EV) operations by starting the production of 300km-range models for Eco-Green Motors Limited. This move follows the earlier rollout of 200km-range vehicles

A stack of shiny gold bullion bars and coins, symbolizing wealth and investment.

Gold Price in Pakistan Rises by Rs3,200 per Tola as Global Demand Grows

Friday, August 15, 2025

Business·Current Affairs

The gold price in Pakistan rose sharply by Rs3,200 per tola on Thursday, bringing the rate of 24-karat gold to Rs354,700 amid a global surge in bullion prices. The price of 10

A gold or silver coin featuring an engraved image of a panda bear with bamboo, representing a collectible numismatic item.

Pakistan Launches Panda Bond Roadshow in China to Attract Investors

Friday, August 15, 2025

Business·Current Affairs

Pakistan is currently hosting a non-deal investor roadshow in Beijing to promote its first-ever Pakistan Panda Bond — a yuan-denominated bond targeting $200–300 million in funding from Chinese investors. Running from July

KSE-100 Index Jumps 1,155 Points Amid Strong Macroeconomic Signals

Friday, August 15, 2025

Business·Current Affairs

The Pakistan Stock Exchange performance surged on Thursday, with the KSE-100 Index rising 1,155.66 points, or 0.87%, reaching an intraday high of 133,774.88. This rebound followed a 826-point dip the previous day,

A gold sign reading 'The Roosevelt Hotel New York' mounted on a marble wall, with a small plant at the base and an entrance hallway in the background.

Pakistan Seeks $1 Billion Valuation in Roosevelt Hotel Redevelopment Plan

Friday, August 15, 2025

Business·Current Affairs

Pakistan is targeting a $1 billion valuation for the Roosevelt Hotel Pakistan, a landmark New York property owned by Pakistan International Airlines (PIA), as part of a redevelopment plan that includes selling

Silhouettes of two people working at desks, set against the background of the Indian and American flags.

India, US to Resume Trade Talks with Focus on Tariff Reductions

Friday, August 15, 2025

Business·Current Affairs

India is preparing to send a trade delegation to the United States for continued negotiations on a potential bilateral trade agreement. The visit comes as part of efforts to push forward India

Kohat Cement Ventures into Property Sector with Rs750 Million Investment

Friday, August 15, 2025

Business

Kohat Cement Company Limited, a prominent player in Pakistan’s cement industry, has announced its entry into the property sector with a significant investment of Rs750 million. The company has established a wholly-owned

Dhaka Stock Exchange Extends Winning Streak to Sixth Day

Friday, August 15, 2025

Business

The Dhaka Stock Exchange (DSEX) has maintained its upward trajectory, marking its sixth consecutive day of gains on July 10, 2025. The benchmark index climbed 18.25 points to reach 5,053.72 by mid-morning, reflecting renewed

Sharp Correction Hits PSX After Record Trading Surge

Friday, August 15, 2025

Business

The Pakistan Stock Exchange (PSX) experienced a significant downturn on Wednesday, July 9, 2025, as the KSE-100 Index fell by 826 points, a 0.62% drop, closing at 132,577. This correction followed a

Pakistan to Launch Digital Currency Pilot, Says Central Bank Governor

Friday, August 15, 2025

Business·Current Affairs

On July 9, 2025, State Bank of Pakistan Governor Jameel Ahmad announced plans to initiate a pilot for a central bank digital currency (CBDC) during a panel at the Reuters NEXT Asia

Government Cuts Remittance Incentives for Banks Amid Record Inflows

Friday, August 15, 2025

Business·Current Affairs

On July 9, 2025, the State Bank of Pakistan (SBP) announced a reduction in incentives paid to banks and exchange companies for facilitating overseas remittances, despite a record $38.3 billion in inflows

A close-up image of a U.S. dollar bill, showcasing green currency with detailed designs and text.

Pakistan Secures $1 Billion in Shariah-Compliant Financing via DIB

Friday, August 15, 2025

Business

Pakistan has raised $1 billion through a five-year syndicated facility arranged by Dubai Islamic Bank (DIB) with backing from an Asian Development Bank Policy-Based Guarantee, finalised on July 9 2025. The deal—89

Starlink Secures Final Approval to Launch in India

Friday, August 15, 2025

Business

Elon Musk’s Starlink has received final regulatory approval from India’s space authority to launch commercial satellite-internet services. The clearance, granted on July 9 2025, follows a telecom licence obtained last month, making

A person using a tablet with a digital interface displaying a world map, graphs, and data visualizations, set against a futuristic background.

Pakistan Software Exports Cross $1 Billion for the First Time

Friday, August 15, 2025

Business

Pakistan’s software-services exports totaled $1.01 billion from July 2024 through May 2025, up 27.4 percent year-on-year and the first time the sector has surpassed the billion-dollar mark in 11 months. Overall IT

Image Pakistan Plans to Acquire Harrods-Listed Luxury Fragrance Brand

Friday, August 15, 2025

Business

Image Pakistan Limited has announced plans to acquire Elegantes London (Holdings) Ltd., a Harrods-listed luxury fragrance and wellness brand, as part of its strategy to diversify into the fragrance sector. Disclosed in

Brazil Eyes Major Trade Boost with India Amid Strengthening Ties

Friday, August 15, 2025

Business·Current Affairs

Brazilian President Luiz Inacio Lula da Silva announced plans to significantly boost trade with India, aiming to increase bilateral trade from $12 billion in 2024 to $36 billion in the near future.

Aurangzeb Reaffirms Government’s Pledge to Inclusive, Consultative Policy-Making

Friday, August 15, 2025

Current Affairs·Business

On July 9, 2025, Pakistan’s Finance Minister, Muhammad Aurangzeb, met with a delegation from the Pakistan Business Council (PBC) in Islamabad to discuss the government’s approach to economic policymaking. The meeting, attended

Pakistan’s Software Service Exports Cross $1 Billion Milestone

Friday, August 15, 2025

Business

Pakistan’s IT sector has achieved a significant milestone, with software services exports exceeding $1 billion over an 11-month period, marking a historic first for the country. Data from the State Bank of

Remittances Top $38.3 B in FY25, Setting a New High for Pakistan

Friday, August 15, 2025

Business·Current Affairs

Pakistan has achieved a significant economic milestone, recording an all-time high of $38.3 billion in remittances for the financial year 2024-25, reflecting a 27% increase from the previous year’s $30.3 billion. This

Pakistan: Govt Approves Four Potential Buyers for Struggling PIA

Friday, August 15, 2025

Business·Current Affairs

On July 8, 2025, Pakistan’s Privatisation Commission Board approved four entities to bid for a 51-100% stake in Pakistan International Airlines (PIA), a national carrier burdened by over $2.5 billion in losses

Moonis Alvi Reappointed as K-Electric CEO

Friday, August 15, 2025

Business

K-Electric, Karachi’s sole electricity provider, has reappointed Syed Moonis Abdullah Alvi as its Chief Executive Officer, effective July 30, 2025. The decision was made during a board meeting held on July 7,

Pakistan to Import 500,000 Tons of Sugar in 2025

Friday, August 15, 2025

Business·Current Affairs

Pakistan has approved the import of 500,000 metric tons of sugar in 2025 to address domestic supply concerns and stabilize retail prices. The decision, announced by the Ministry of National Food Security,

Comprehensive Agriculture Reform Plan Urged by PM Shehbaz Sharif

Friday, August 15, 2025

Current Affairs·Business

Prime Minister Shehbaz Sharif has called for a comprehensive action plan to reform and modernize Pakistan’s agriculture sector, emphasizing sustainability and long-term growth. Speaking in Islamabad on July 8, 2025, he urged

Rupee Slips Against US Dollar as Tariff News Shakes Markets

Friday, August 15, 2025

Current Affairs·Business

The Pakistani rupee continued to weaken against the US dollar, depreciating by 0.05% in the interbank market on Tuesday. The currency closed at 284.36, down by 14 paisa from the previous day’s

Unregulated Mining Turns Swat River into a Death Trap

Friday, August 15, 2025

Current Affairs·Business

The Swat River, once a lifeline for communities in Pakistan’s Khyber Pakhtunkhwa province, has become a deadly force due to unregulated sand and gravel mining. This billion-rupee industry has reshaped the river’s

Maulana Fazl Promises Party Support to Protect Traders from Shop Demolitions

Friday, August 15, 2025

Business·Current Affairs

Maulana Fazlur Rehman, leader of Jamiat Ulema-e-Islam-Fazl (JUI-F), has pledged his party’s backing to traders facing the potential demolition of over 7,000 shops on Circular Road in Lahore. The proposed demolitions are

Indian Rupee Faces Pressure from Dollar Demand Ahead of Trade Talks

India Exempted from U.S. Tariff Hike, Eases Pressure on Rupee

Friday, August 15, 2025

Current Affairs·Business

On July 7, 2025, India received a reprieve from new U.S. tariffs targeting countries like Japan and South Korea, providing relief to its currency and exporters. The Indian rupee is expected to

U.S. Lowers Bangladesh Tariff to 35%, Still Far from Dhaka’s ExpectationsFar from Dhaka’s Expectations

Friday, August 15, 2025

Current Affairs·Business

On July 7, 2025, the United States announced a reduction in tariffs on Bangladeshi imports from 37% to 35%, effective August 1, offering limited relief to Bangladesh’s export-driven economy. The decision follows

KSE 100 Rockets Past 133,000 as PSX Posts Strong Gains

Friday, August 15, 2025

Business

On July 7, 2025, the Pakistan Stock Exchange (PSX) continued its record-breaking performance, with the benchmark KSE-100 Index surging past the 133,000-point milestone during intra-day trading. The index gained nearly 1,188 points,

India’s Market Regulator to Boost Surveillance on Derivatives Manipulation: SEBI Chief

Friday, August 15, 2025

Business

India’s Securities and Exchange Board (SEBI) is set to enhance its oversight of the derivatives market to curb manipulation, according to Chairman Tuhin Kanta Pandey. On July 7, 2025, SEBI announced plans

How Will Punjab Spend the Rs 795 bn on Climate Resilience?

Friday, August 15, 2025

Current Affairs·Business

The Punjab government has allocated Rs795 billion in its 2025-26 budget to advance the Climate Resilient Punjab initiative, representing 64% of the province’s Annual Development Programme (ADP). This significant investment aims to

Pakistan’s Economy Receives $5 bn in Remittances via Exchange Firms

Friday, August 15, 2025

Business·Current Affairs

Exchange firms in Pakistan have significantly contributed to the nation’s economy, bringing in approximately $5 billion in remittances during the fiscal year 2025. In June alone, these firms facilitated around $450 million

Breakthrough in US-Pakistan Trade Relations as Tariff Deal Finalized

Friday, August 15, 2025

Business·Current Affairs

Pakistan and the United States have finalized an agreement on trade and tariffs, securing a deal that protects Pakistan’s export sectors, particularly textiles and agriculture, from a looming 29% tariff. The negotiations,

Pakistan Sees Spike in Car Prices Following New Budget Levies

Friday, August 15, 2025

Business

Vehicle prices in Pakistan have risen sharply due to new budgetary measures, including a carbon levy and increased general sales tax (GST). Local assemblers have adjusted prices upward by as much as

Microsoft Shuts Down Pakistan Office After 25 Years

Friday, August 15, 2025

Business

Microsoft has ended its 25-year presence in Pakistan by closing its office and laying off staff as part of a global restructuring effort. The decision, announced on July 3, 2025, affects a

Can Bangladesh Maintain Its Position in the US Market?

Friday, August 15, 2025

Business·Current Affairs

Bangladesh faces a pressing deadline of July 9, 2025, to secure a favorable trade agreement with the United States, as potential tariff hikes threaten its garment exports. The current 16% tariff on

Karachi Master Plan 2047 Set for Completion in Two Years

Friday, August 15, 2025

Current Affairs·Business

Karachi, Pakistan’s commercial hub, is poised for a significant urban overhaul with the Greater Karachi Regional Plan 2047, expected to be finalized within two years. The announcement came during the inaugural meeting

PM: Digitalisation Crucial for Building a Transparent Economy

Friday, August 15, 2025

Business·Current Affairs

Prime Minister Shehbaz Sharif emphasized the need for a nationwide digital transaction system to enhance transparency in Pakistan’s economy. Speaking on July 3, 2025, he highlighted that adopting digital payment methods would

Business Leaders Warn of Strike Over Tax Law

Friday, August 15, 2025

Business

Business leaders in Pakistan are sounding alarms over controversial provisions in the Sales Tax Act, specifically Sections 37A and 37B, which they describe as overly harsh and harmful to the business climate.

Markets Tumble as Indian Regulator Bars Jane Street; BSE, Brokers Hit

Friday, August 15, 2025

Business·Current Affairs

Indian stock markets faced a sharp decline on July 4, 2025, following a decision by the Securities and Exchange Board of India (SEBI) to bar U.S.-based trading firm Jane Street from the

Analysts See RBI Tools as Key to Keeping Overnight Rates Aligned with Policy Corridor

Friday, August 15, 2025

Business

The Reserve Bank of India (RBI) is effectively managing overnight interbank lending rates to stay within its policy corridor through targeted liquidity operations, according to market analysts. On July 4, 2025, the

Dhaka Stock Exchange Lost Points in Morning Trade

Friday, August 15, 2025

Business

On July 3, 2025, the Dhaka Stock Exchange (DSE) experienced a downturn during morning trading, with the DSEX index dropping 19.22 points to settle at 4,846.11 by 11:00 AM. This decline reflects

Exports Rose in FY25 – Bangladesh

Friday, August 15, 2025

Business

Bangladesh’s merchandise exports increased by 8.58% in the 2024-25 fiscal year, reaching $48.28 billion, despite global economic challenges and domestic unrest. The garment sector, contributing nearly 84% of total export earnings, led

India’s Services PMI Accelerates, Achieving 10‑Month High in June

Friday, August 15, 2025

Business

India’s services sector expanded at its fastest pace in ten months in June 2025, driven by strong domestic and international demand. The HSBC India Services PMI, a key indicator of business activity,

Tariff Talks: India Pushes U.S. Trade Pact Amid Trump–Vietnam Deal

Friday, August 15, 2025

Current Affairs·Business

India and the United States are intensifying efforts to finalize a tariff-reducing trade agreement by July 9, 2025, following the US announcement of a deal with Vietnam that lowered tariffs on Vietnamese

India’s Stock Market Gains Amid Trade Talks with US

Friday, August 15, 2025

Business

India’s stock market saw gains on July 3, 2025, as the Nifty 50 rose 0.4% to 25,555.20 points and the BSE Sensex climbed 0.41% to 83,752.36 by mid-morning. Investor optimism was fueled

Telenor Merger Delays 5G Spectrum Auction

Friday, August 15, 2025

Business·Current Affairs

Pakistan’s anticipated 5G spectrum auction, initially planned for June 2025, faces a delay of at least four months due to unresolved issues surrounding the proposed merger between Telenor Pakistan and Pakistan Telecommunication

Low SME Financing Concerns Raised by Pakistan

Friday, August 15, 2025

Business·Current Affairs

Pakistan’s Finance Minister Muhammad Aurangzeb highlighted the limited access to formal financing for small and medium enterprises (SMEs) during a panel discussion at the International Business Forum in Seville, Spain, on July

Pakistan and U.S. Nearing Trade Agreement

Final Trade Talks Between Pakistan and US

Friday, August 15, 2025

Business·Current Affairs

With the July 9, 2025, tariff deadline approaching, Pakistan and the United States are in the final stages of trade negotiations to secure a deal that could shape Pakistan’s export sectors. A

Trump Signals US-India Trade Deal

Friday, August 15, 2025

Current Affairs·Business

The United States and India are on the verge of finalizing a trade agreement, with President Donald Trump expressing optimism about the negotiations. The deal aims to reduce tariffs on American goods

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