Business – Page 8 – South Asian Desk

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

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

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

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

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

Rice Prices Rise in Bangladesh Despite Strong Harvest and Imports

Friday, August 15, 2025

Business

Rice prices in Bangladesh have climbed sharply, defying expectations given the robust Boro harvest and increased imports. In Dhaka’s retail markets, Miniket rice now sells for Tk80–82 per kg, up from Tk72–74

PSX Breaks Through 130,000 Barrier

Friday, August 15, 2025

Business

The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 Index surged past the 130,000-point mark on Wednesday, July 2, 2025, driven by robust investor confidence and positive economic indicators.

Indian Rupee Dips Alongside Asian Peers; Tariff Deadline Looms

Friday, August 15, 2025

Current Affairs·Business

The Indian rupee weakened slightly on July 2, 2025, declining by approximately 0.2% to 85.6850 against the U.S. dollar by mid-morning. This dip mirrors modest declines across other Asian currencies, as market

Online Submission of Export‑Import Documents Now Mandatory

Friday, August 15, 2025

Business

Starting July 1, 2025, Bangladesh has mandated that all certificates, licenses, and permits (CLPs) for import and export activities must be submitted through the Bangladesh Single Window (BSW) system. This new regulation,

Investigation Reveals Hidden Deaths at India Festival Crush

Friday, August 15, 2025

Business

A recent investigation by the BBC has exposed a significant undercount of fatalities in a tragic stampede at the Kumbh Mela, one of India’s largest religious gatherings. Official reports initially stated 37

Is the Interim India-US Trade Deal in Trouble?

Friday, August 15, 2025

Business

Negotiations for an interim India-US trade agreement, anticipated to be finalized by early July, have hit significant obstacles, raising doubts about its timely completion. The deal, described ambitiously by US leadership, aimed

Pakistan and UK Set to Address Non-Tariff Barriers in Trade Talks

Friday, August 15, 2025

Business

Pakistan and the United Kingdom are preparing for a significant trade dialogue aimed at reducing non-tariff barriers (NTBs) to boost bilateral commerce. The upcoming UK-Pakistan Trade Dialogue, a ministerial platform, will focus

Petrol and Diesel Prices Surge in Pakistan After Israel-Iran Conflict

Friday, August 15, 2025

Current Affairs·Business

Pakistan has witnessed a sharp increase in fuel prices, with petrol rising by Rs8.36 per litre to Rs265.61 and diesel by Rs10.39 per litre to Rs272.98, effective from July 1, 2025. This

PSX Starts FY26 on a Positive Note

Friday, August 15, 2025

Business·Current Affairs

The Pakistan Stock Exchange (PSX) began the fiscal year 2025-26 with a strong performance, as the KSE-100 Index surged past the 128,000-point mark during early trading on Tuesday. This milestone reflects robust

Delegation Reaches US to Finalize Trade Deal – Pakistan

Friday, August 15, 2025

Current Affairs·Business

A Pakistani delegation arrived in Washington on Monday to conclude a significant trade agreement with the United States, aiming to strengthen economic ties and address challenges posed by high U.S. import tariffs.

Trade Resumes at Akhaura Land Port

Friday, August 15, 2025

Business

Trade activities at Akhaura Land Port in Brahmanbaria, Bangladesh, have restarted after a brief halt caused by a National Board of Revenue (NBR) shutdown. The port, a key hub for commerce with

Doha to Host Meeting on Afghanistan’s Economy

Friday, August 15, 2025

Business·Current Affairs

A significant gathering is set to take place in Doha, Qatar, on June 30, focusing on Afghanistan’s economic challenges and counter-narcotics efforts. This meeting, part of the Doha Process, will bring together

Inflation to Remain Between 3-4% in Pakistan

Friday, August 15, 2025

Business

Pakistan’s consumer price index (CPI) inflation is projected to hover between 3% and 4% in June 2025, according to the latest economic outlook from the Finance Ministry. This forecast signals a slight

Pakistan Initiates Talks with Traders to Address Tax Reform Concerns

Pakistan’s Finance Minister Departs for Global Finance Conference in Spain

Friday, August 15, 2025

Business

Pakistan’s Finance Minister, Muhammad Aurangzeb, left Islamabad on June 30, 2025, to attend the Fourth International Conference on Financing for Development (FFD4) in Seville, Spain, scheduled from July 1 to 3, 2025.

China Reaffirms Strategic Ties with $3.4 Billion Loan Extension to Pakistan

Friday, August 15, 2025

Business

China has extended $3.4 billion in loans to Pakistan, a move that bolsters the country’s foreign exchange reserves to meet International Monetary Fund (IMF) targets. This financial support includes a $2.1 billion

Pakistan Targets $50Bn in Annual Remittances by 2030

Friday, August 15, 2025

Business

Pakistan is working to boost its annual remittance inflows to $50 billion by 2030, aiming to strengthen its economy through contributions from overseas Pakistanis. Recent efforts focus on encouraging expatriates to use

Pakistan’s Budget FY 26: Austerity Measures Amid Economic Challenges

Friday, August 15, 2025

Business

Pakistan’s National Assembly passed the Rs17.6 trillion Budget FY 26 on June 27, 2025, prioritizing fiscal discipline to meet International Monetary Fund (IMF) requirements. The budget aims for a 2.4% primary surplus

Ecotourism in Pakistan

Friday, August 15, 2025

Business·Current Affairs

Pakistan is advancing its ecotourism efforts by designating Changa Manga, Uchali Lake, and Chashma as key sites for sustainable tourism development. These locations, known for their ecological and cultural significance, aim to

IMF Sets New Loan Conditions for Bangladesh

Friday, August 15, 2025

Business·Current Affairs

The International Monetary Fund (IMF) has introduced fresh requirements for Bangladesh as part of its $5.5 billion loan program, aimed at stabilizing the nation’s economy. These conditions focus on reducing domestic and

Indian Researchers Struggle as Innovation Funding Lags

Friday, August 15, 2025

Business·Current Affairs

India’s ambition to become a global leader in science and technology faces setbacks as researchers across the country struggle with delayed funding. Scholars at premier institutions, including the Indian Institutes of Technology

Call for Immediate Enforcement of Afghan Trade Guarantee by SCCI

Friday, August 15, 2025

Business

The Sarhad Chamber of Commerce and Industry (SCCI) has raised urgent concerns over delays in implementing a promised reform to shift from bank guarantees to insurance guarantees for Afghan transit trade. SCCI

Pakistan’s Economic Plan Gets Continued Support from World Bank

Friday, August 15, 2025

Business

Pakistan’s economic reforms have received a strong endorsement from the World Bank, signaling sustained international backing for the country’s development goals. In recent high-level discussions, Economic Affairs Minister Ahad Cheema met with

Post Federal Budget: PSX Rises by Nearly 1,600 Points

Friday, August 15, 2025

Business·Current Affairs

The Pakistan Stock Exchange (PSX) experienced a significant upswing, with the KSE-100 Index climbing nearly 1,600 points on Friday, following the National Assembly’s approval of the Rs17.57 trillion federal budget for the

Indian Rupee Gains 21 Paise to 85.87 against U.S dollar

Friday, August 15, 2025

Business

The Indian rupee strengthened against the U.S. dollar, rising 21 paise to 85.87 in early trade on June 26, 2025. This uptick was driven by a weaker dollar in global markets, with

Indian Stock Exchange Surges on Iran-Israel Ceasefire News

Friday, August 15, 2025

Business

Indian stock exchanges witnessed a strong rally in early trading on June 26, 2025, driven by optimism surrounding a ceasefire agreement between Iran and Israel. The BSE Sensex, a key stock exchange

GST Council to Explore Reducing 12% Tax Slab

Friday, August 15, 2025

Business·Current Affairs

The GST Council is set to convene in July 2025 to discuss simplifying India’s Goods and Services Tax (GST) structure, with a focus on reducing the number of items in the 12%

Political Clarity Drives Economic Confidence in Bangladesh

Friday, August 15, 2025

Business

Political stability directly influences economic confidence, and recent developments in Bangladesh highlight this connection. A clearer political landscape is fostering optimism among businesses and investors, signaling potential growth for the nation’s economy.

2030 Green Energy Goals Come with a Price

Friday, August 15, 2025

Business

Bangladesh faces a steep financial challenge to meet its 2030 green energy targets, requiring an estimated $1 billion annually to transition to renewable energy sources. The push for cleaner energy is driven

KSE-100 Index Makes Small Gains Amid Global Instability

Friday, August 15, 2025

Business

The Pakistan Stock Exchange (PSX) saw modest upward movement on Wednesday, June 25, 2025, with the KSE-100 Index closing at 122,761.64, reflecting a gain of 515.01 points or 0.42%. This slight increase

Punjab’s Mega Rs250bn Fast Train to Connect Lahore and Pindi

Friday, August 15, 2025

Business

Punjab is set to invest Rs250 billion over three years to develop a high-speed rail connecting Rawalpindi and Lahore, aiming to reduce travel time to just two hours. This ambitious project, announced

Pakistan-India Tensions Fail to Deter Foreign Investment in Treasury Bills

Friday, August 15, 2025

Business

Despite heightened Pakistan-India tensions following a military escalation in May 2025, foreign investment in Pakistan’s treasury bills (T-bills) has remained resilient. Data from the State Bank of Pakistan indicates that T-bill inflows

Pakistan’s Dairy Industry Seeks GST Reduction to 5%

Friday, August 15, 2025

Business

Pakistan’s dairy industry is urging the government to lower the General Sales Tax (GST) on packaged milk from 18% to 5%, citing severe economic strain and declining sales. The Pakistan Dairy Association (PDA) argues

Pakistan’s Trade Gap Widens to $11.17 Billion

Friday, August 15, 2025

Business

Pakistan’s trade deficit with nine regional countries has expanded to $11.17 billion during the fiscal year 2024-25, highlighting persistent challenges in balancing exports and imports. The gap, driven by heavy reliance on

Pakistan Witnesses Rise in Consumer Confidence in Q4 FY25

Friday, August 15, 2025

Business

Pakistan’s economy is showing promising signs of recovery, with the Consumer Confidence Index (CCI) climbing 9.2% in the fourth quarter of FY25 compared to the previous quarter. The index reached 96.2 points,

India’s Stock Market Climbs Amid Ceasefire Optimism and Falling Oil Prices

Friday, August 15, 2025

Business

India’s equity markets opened stronger on June 24, 2025, as investor confidence grew following a ceasefire agreement between Iran and Israel, which also led to a drop in global oil prices. The

Pakistan Stock Exchange Surges Nearly 6,000 Points After Iran-Israel Ceasefire

Friday, August 15, 2025

Business

The Pakistan Stock Exchange (PSX) experienced a significant surge on June 24, 2025, with the KSE-100 Index soaring by nearly 5,900 points during intraday trading. This surge was driven by investor optimism

Coal Power Plants Fuel Heatwaves, Jeopardizing the Environment

Friday, August 15, 2025

Business·Current Affairs

Coal-based power plants are a major driver of intensifying heatwaves, posing a significant threat to the environment, public health, and regional ecosystems. These facilities emit vast quantities of greenhouse gases, particularly carbon

Bangladesh and IMF: Projected Economic Growth for FY26

Friday, August 15, 2025

Business·Current Affairs

The International Monetary Fund (IMF) forecasts a 5.4% growth rate for Bangladesh’s economy in the fiscal year 2025-26, signaling cautious optimism for recovery after a challenging period. This projection follows a reported

Centre releases Rs35.968bn for tribal districts

Sunday, June 22, 2025

Business

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has released a major funding package of Rs35.968 billion with approval of Prime Minister Shahbaz Sharif for the merged districts of Khyber Pakhtunkhwa

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