Business - Page 8

Monday, June 15, 2026

Nepal’s Electricity Export to Bangladesh Enters Second Season with 40MW as Upgrade Plans Stall

Nepal’s electricity export to Bangladesh: Nepal resumes its seasonal hydropower supply to Bangladesh on Monday, June 15, 2026, under a five-year tripartite arrangement, even as India’s refusal to approve an additional 20

Business

Bangladesh – Jute Cultivation in Rajshahi Surges as Prices Near a Decade High and Polythene Ban Spurs Demand

jute cultivation in Rajshahi: Production in the district has risen by nearly 23,000 metric tons over 10 years as sustained good prices, government-backed agricultural support and a nationwide polythene ban combine to revive interest in Bangladesh’s historically prized golden fibre.

Monday, June 15, 2026

Bangladesh Deregulation Reforms 2026: Seven-Day Approvals, 48-Hour Registration and Digital Tax Overhaul Unveiled

Business·Current Affairs

Bangladesh deregulation reforms 2026 were unveiled in the budget speech of Finance Minister Amir Khosru Mahmud Chowdhury on Thursday, with the BNP government announcing

Pakistan Budget 2026-27: Defense Rises To Rs3 Trillion as Debt Consumes 43% of Outlay

Business·Current Affairs

Pakistan’s budget 2026-27, presented to the National Assembly on Friday by Finance Minister Muhammad Aurangzeb, sets total federal spending at Rs 18.771 trillion, approximately

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, DSEX, Trading) Dhaka Stock Exchange Extends Winning Streak to Sixth Day

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

(Trading, Algorithmic Trading, PSX) Sharp Correction Hits PSX After Record Trading Surge

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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