The Pakistan Stock Exchange (PSX) staged a strong recovery on Monday as the benchmark KSE-100 index surged by more than 1,000 points during trading, reflecting renewed investor confidence and improved market sentiment. The rally was driven by aggressive buying in key sectors, including banking, cement, oil and gas, and power generation. Market analysts said investors...
Category: Economy
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Pakistan’s fish exports cross $500 million milestone for first time
Pakistan’s fish and seafood exports have crossed the $500 million mark for the first time in the country’s history, marking a major achievement for the maritime and fisheries sector. Officials credited the milestone to reforms, improved quality standards, and expansion into new international markets. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said the...
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PSX surges 4,000 points in intraday trade as bullish momentum returns
The Pakistan Stock Exchange (PSX) witnessed a strong bullish session as the benchmark KSE-100 index surged by more than 4,000 points during intraday trading, reflecting renewed investor confidence in the market. At one stage, the index climbed sharply as buying activity dominated key sectors, including banking, cement, and energy stocks. The upward momentum was supported...
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Pakistan to End ‘File System’ in Real Estate Under New Reforms
Pakistan is set to introduce sweeping reforms in its real estate sector, with the government preparing to abolish the long-criticised “file system” within the next two months, according to Lieutenant General (Retd) Nazir Ahmed. Speaking informally to journalists, the chairman of the National Accountability Bureau (NAB) revealed that the proposed real estate reforms will be...
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A study calls for tax reforms to boost Pakistan’s cement sector growth
A new study by the Competition Commission of Pakistan (CCP) has proposed sweeping tax and structural reforms to improve efficiency and competitiveness in the country’s cement sector. The report highlights that reducing distortions and improving policy frameworks could unlock long-term growth in one of Pakistan’s key industries. The study, titled Competition Assessment of the Cement...
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Pakistan exports fall 7.14% in nine months amid rising imports
Pakistan’s exports declined by 7.14% during the first nine months (July–March) of the current fiscal year 2025-26, reflecting continued pressure on the country’s external sector. According to data from the Pakistan Bureau of Statistics, total exports dropped to Rs6,393 billion compared to Rs6,884 billion in the same period last year. Monthly exports in March stood...
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Iranian rial rate in Pakistan shows gap between official and open market
The Iranian rial continues to trade at significantly different rates in Pakistan, with a notable gap between the official benchmark and the open market value as of April 25, 2026. According to available data, the international mid-market rate stands at around 1 Pakistani rupee, equaling approximately 4,700 to 4,730 Iranian rials. However, in Pakistan’s informal...
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Punjab slashes Rs 35 billion from health and education budgets Amid Economic Crisis
The Government of Punjab has announced a major savings drive, cutting Rs35 billion from the health and education sectors to meet financial targets linked to International Monetary Fund (IMF) commitments. The decision includes surrendering unspent funds for the current fiscal year and eliminating nearly 150,000 vacant government positions. Officials say the measures are aimed at...
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President Asif Ali Zardari begins China visit focused on CPEC, economic cooperation
President Asif Ali Zardari has embarked on an official visit to China, where he is set to hold high-level meetings with Chinese leaders aimed at strengthening bilateral ties and expanding economic cooperation. The visit, scheduled from April 25 to 30, comes at a time when both countries are seeking to deepen their long-standing strategic partnership....