Gold prices declined in Pakistan on Monday, pushing the rate below the Rs. 430,000 mark per tola as international bullion markets also opened the week on a weaker note. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of one tola of gold dropped by Rs. 3,800, bringing the new rate to…
The Government of Pakistan and the Pakistan Stock Exchange (PSX) have described FY2026 as a landmark year for the country’s debt market, highlighting record Sukuk issuance, stronger capital market financing, and improved debt management indicators during a joint investor briefing. The figures were presented at an investor session organized by the Pakistan Stock Exchange (PSX)…
The Competition Commission of Pakistan (CCP) has approved Treet Corporation Limited’s proposal to increase its shareholding in Loads Limited through a rights issue, concluding that the transaction will not negatively impact competition in Pakistan’s automotive components market. According to the CCP, Treet Corporation sought approval under the Competition Act, 2010 to subscribe to additional ordinary…
Gold prices in Pakistan extended their downward trend on Monday, marking the second consecutive decline as both local and international bullion markets opened the week on a weaker note. The latest drop has pushed the price of gold closer to the Rs. 4.35 lakh mark per tola, offering some relief to buyers after recent price…
Pakistan witnessed a record-breaking year for corporate growth during the fiscal year 2025-26, with thousands of new businesses entering the formal economy. According to the Securities and Exchange Commission of Pakistan (SECP), 43,559 new companies were registered during the year, reflecting a 24 percent increase compared to the previous fiscal year. The latest figures bring…
SG Power Limited has officially transformed its business strategy by changing its principal line of business from power generation to the healthcare and pharmaceutical industry. The transition marks a significant milestone for the company as it seeks to capitalize on emerging opportunities in Pakistan’s growing healthcare market. The company announced the development through a notice…
Gold prices witnessed a significant decline in Pakistan on Tuesday, mirroring a sharp downturn in international bullion markets. The sudden drop brought relief to potential buyers while drawing attention from investors closely monitoring precious metal trends. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola fell by Rs.…
The Punjab Revenue Authority (PRA) has announced plans to intensify action against major food chains allegedly involved in tax violations across the province. The move comes as authorities seek to strengthen tax compliance and improve revenue collection from businesses operating in the food and hospitality sector. During a recent review meeting, PRA Chairman Moazzam Iqbal…
The Sindh Cabinet has formally approved the provincial budget for the fiscal year 2026-27, setting the stage for its presentation in the Sindh Assembly in the coming days. The approval marks a key policy step as the provincial government finalizes its spending priorities for the new financial year. According to details shared after the cabinet…
Pakistan’s power sector continues to face financial challenges as circular debt recorded a sharp increase during the current fiscal year, highlighting persistent structural issues within the energy sector despite an overall reduction in debt levels compared to the previous year. According to data compiled by Arif Habib Limited using figures from the Ministry of Energy,…