Real Estate
FIA Alleges Oil Companies Received Payments for Fuel Not Yet Imported
A major controversy has emerged in Pakistan’s petroleum sector after the Federal Investigation Agency alleged that several oil marketing companies (OMCs) received government compensation payments for fuel stocks that had not even been imported at the time of payment. The revelations surfaced during an interim inquiry conducted by FIA’s Anti-Corruption Circle Karachi, which examined the […]
Insurance Relief Likely for Salaried Class in Budget 2026–27, Signals Finance Minister
In a potential relief for taxpayers, Muhammad Aurangzeb has indicated that insurance-related tax benefits for the salaried class may be reintroduced in the upcoming fiscal plan. The development comes as the government intensifies consultations ahead of the Budget 2026–27. The discussion emerged during a meeting between the Finance Ministry and the Insurance Association of Pakistan, […]
PSO Profit Surges 150% to Rs. 38.1 Billion in 9MFY26
Pakistan State Oil (PSO) has reported a massive jump in profitability for the nine months ending March 31, 2026, showcasing strong financial resilience despite a volatile energy market. The company posted a net profit of Rs. 38.1 billion, marking an impressive 149 percent increase compared to Rs. 15.3 billion in the same period last year. […]
SBP Relaxes Forex Rules to Accelerate Energy Imports Amid Rising Demand
The State Bank of Pakistan (SBP) has introduced new measures to ease foreign exchange regulations, aiming to streamline the import of essential energy resources. The move comes as Pakistan navigates global market volatility and increasing domestic energy requirements. In a recent circular issued to authorized dealers, the central bank allowed commercial banks to issue financial […]
Dubai Crude Surges 20% Above Brent as Supply Shock Hits Global Oil Markets
Global oil markets are witnessing an unusual shift as Dubai Crude trades at a significant premium over Brent Crude. Prices for Dubai crude have climbed to nearly $130 per barrel, reflecting mounting pressure from supply disruptions and geopolitical tensions. Recent analysis from Topline Securities indicates that Dubai crude is now trading more than 20 percent […]
PSX Plunges Over 5,000 Points as Investor Panic Triggers Market Sell-Off
Pakistan’s stock market faced a dramatic downturn as intense selling pressure gripped the trading floor. The benchmark Pakistan Stock Exchange witnessed one of its sharpest single-session declines in recent months, reflecting heightened investor anxiety. The KSE-100 Index dropped by 5,149 points, registering a 2.87 percent decline to close at 174,453 points. The steep fall underscores […]
PSX Slips Below 185,000 as KSE-100 Suffers Steep 3,700-Point Decline
Pakistan’s stock market faced heavy selling pressure on Friday as the Pakistan Stock Exchange witnessed one of its sharpest single-day declines in recent sessions, pushing the benchmark index below a key psychological level. The KSE-100 Index closed at 184,129 points after plunging 3,702 points, marking a decline of nearly 2 percent. The downturn reflected widespread […]
Pakistan Plans Complete Redesign of Currency Notes; Old Notes to Remain Valid
Pakistan is preparing for a major update to its national currency system as the federal government has decided to redesign all currency notes ranging from Rs. 10 to Rs. 5,000. The move is aimed at modernizing banknotes, enhancing security features, and aligning Pakistan’s currency with international standards, according to sources familiar with the development. Alongside […]
Pakistan Stock Exchange Hits Record High as Share Prices Soar
The Pakistan Stock Exchange (PSX) kicked off the new trading week on Monday with historic gains, as the benchmark KSE-100 Index crossed the 174,000-point mark for the first time ever. The milestone reflects growing investor confidence and a positive outlook for Pakistan’s equity market. During intraday trading, the KSE-100 Index surged by over 1,900 points, […]
Bulls Rally Pushes Pakistan Stock Exchange Past 172,000 Milestone
The Pakistan Stock Exchange (PSX) witnessed a strong bullish turnaround on Friday as investor optimism surged, propelling the benchmark KSE-100 Index beyond the historic 172,000-point level. The rally reflected renewed confidence in Pakistan’s economic outlook, supported by positive macroeconomic signals and strong sectoral participation. During intraday trading, the KSE-100 Index climbed sharply by 1,295.19 points […]