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PSX KSE-100 index gains nearly 1,200 points in early Tuesday trading session

PSX KSE-100 Index Gains Nearly 1,200 Points as Buying Interest Returns in Early Trade

Nayab Fatima2026-06-30

KARACHI: After suffering losses in Monday’s trading session, the PSX KSE-100 index rose by nearly 1,200 points within the first few minutes of the trading session on Tuesday due to renewed demand in the stock market. The index was at 179,604.94 points at 9:40 am, up by 1,190.15 points or 0.67%. The rally was indicative ... Read more

OGDCL gas well Chak 63-05 produces 10.5 MMSCFD of gas and 600 BPD condensate in Sanghar, Sindh

OGDCL Hits Fresh Gas Jackpot as New Sindh Well Powers Pakistan

Faraz Ali Ansari2026-06-30

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) has successfully completed a new development well in Sindh’s Sanghar district, adding fresh hydrocarbon output to Pakistan’s domestic energy supply as the country continues to battle import-driven energy costs. OGDCL Tests New Gas Well OGDCL announced Monday that it completed testing on Chak 63-05, a development well ... Read more

Pakistan Foreign Reserves fall after State Bank of Pakistan repays external debt in June 2026

Pakistan Foreign Reserves Plunge $1.3 Billion as SBP Drains Cash to Pay Foreign Creditors

Faraz Ali Ansari2026-06-30

KARACHI: Pakistan’s total liquid foreign reserves reached $21,484.7 million as of June 19, 2026, the State Bank of Pakistan (SBP) reported Monday. Debt repayments pulled down the central bank’s own holdings even as commercial banks added to theirs. the total to $15,916.4 million. Pakistan Foreign Reserves Fall SBP‘s reserves dropped by $1,305 million during the ... Read more

Pakistan digital payments transaction as Pakistan reaches 3.7 billion retail payments in Q3 FY26

Pakistan’s Digital Payments Surge to 3.7 Billion Transactions in Q3 FY26

Nayab Fatima2026-06-29

KARACHI: The electronic payment scene in Pakistan witnessed considerable growth during the third quarter of FY2025-26, with retail payments via banks touching 3.7 billion transactions in January-March 2026 – a 9 percent growth from the previous quarter, as per the latest Payment Systems Quarterly Review released by the State Bank of Pakistan. Digital payments for ... Read more

CDNS Islamic Savings raises Rs61 billion after surpassing its annual Islamic investment target in Pakistan

CDNS beats Islamic savings target, collects Rs61 billion

Focus Pakistan2026-06-29

ISLAMABAD: The national savings authority of Pakistan exceeded its Islamic finance goal of Rs61 billion, even with an entire month remaining in the fiscal year, and thereby shifting the debate of Islamic finance from an alternative method of investing to a more potent financial option. CDNS Islamic Savings Growth The Central Directorate of National Savings ... Read more

Exide Pakistan Profit declines despite 50% cash dividend as FY2026 financial results reveal falling sales, weaker earnings and mounting financial pressure.

Exide Pakistan Profits Crash Despite 50% Dividend as Sales Collapse Sharply

Faraz Ali Ansari2026-06-29

KARACHI: Exide Pakistan Limited walked into its annual board meeting on Saturday and handed shareholders a mixed verdict: a 50% cash dividend to sweeten the mood, but financial results that tell a story of a company fighting hard against shrinking revenues and a punishing new levy that ate directly into its bottom line. The battery ... Read more

Karachi Port Cargo Record shows a container ship docked at Karachi Port after KPT handled a historic 54.685 million tonnes of cargo in FY2025-26.

Karachi Port Shatters 138-Year Record, Crosses 54 Million Tonnes of Cargo

Faraz Ali Ansari2026-06-28

KARACHI: Karachi Port Trust-KPT has beaten the highest cargo-handling record in its 138 years’ history by exceeding the figure of 54.685 million tonnes of cargo in FY 2025-26, and provided some good news to the maritime sector of Pakistan amidst the pressure on regional shipping lines due to geo-political disturbances. Karachi Port Cargo Record The ... Read more

Pakistan Petrol Price Cut announced as Ali Pervaiz Malik says the government provided greater fuel relief than the decline in global oil prices justified.

Pakistan Petrol Price Cut Exceeded Global Oil Fall, Minister Claims

Faraz Ali Ansari2026-06-28

LAHORE: Federal Petroleum Minister Ali Pervaiz Malik walked into a Lahore press briefing Sunday and said something Pakistani governments rarely say out loud: we gave the public more than the international market required us to give. The numbers back him up and the backstory behind those numbers runs through a US-Iran war, a diplomatic breakthrough ... Read more

Pakistan crypto adoption ranking reaches global top three as Bilal Bin Saqib unveils Pakistan's new digital assets and crypto regulation roadmap.

Pakistan’s Crypto Revolution Shocks World, Climbs to Global Top Three Ranking

Faraz Ali Ansari2026-06-28

ZURICH: Bilal bin Saqib walked into one of the world’s most exclusive financial forums in Zurich on Friday and told over 2,000 bankers, regulators, and policymakers that Pakistan no longer sits on the sidelines of global digital finance it now demands a seat at the table where the rules get written. Addressing the Point Zero ... Read more

Petroleum levy increase as the government keeps petrol and diesel prices unchanged despite raising the Petroleum Development Levy

Why Petrol Didn’t Get Cheaper Despite Higher Government Earnings

Faraz Ali Ansari2026-06-27

ISLAMABAD: The federal government has maintained the price of petrol and diesel unchanged for the present week, however; it has raised the Petroleum Development Levy (PDL) of both these petroleum products. The levy of HSD has been raised by Rs6.57 per liter, bringing the total levy up to Rs79.54 per liter. An increase of Rs0.39 ... Read more

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Business

PSX KSE-100 Index Gains Nearly 1,200 Points as Buying Interest Returns in Early Trade

OGDCL Hits Fresh Gas Jackpot as New Sindh Well Powers Pakistan

Pakistan Foreign Reserves Plunge $1.3 Billion as SBP Drains Cash to Pay Foreign Creditors

Pakistan’s Digital Payments Surge to 3.7 Billion Transactions in Q3 FY26

CDNS beats Islamic savings target, collects Rs61 billion

Exide Pakistan Profits Crash Despite 50% Dividend as Sales Collapse Sharply

Karachi Port Shatters 138-Year Record, Crosses 54 Million Tonnes of Cargo

Pakistan Petrol Price Cut Exceeded Global Oil Fall, Minister Claims

Pakistan’s Crypto Revolution Shocks World, Climbs to Global Top Three Ranking

Why Petrol Didn’t Get Cheaper Despite Higher Government Earnings

Pakistanis Bought a Car Every Three Minutes in FY26

K-Electric Rolls Out Rs1.2 Billion Upgrades Ahead of Monsoon

KSE-100 Tumbles Over 3,600 Points as US Reimposes Naval Blockade on Iran

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