کاروبار

Meezan Bank records Rs 73.94 billion profit for nine months

The Islamic bank saw a 7 percent rise in annual profit growth as deposits surged to Rs 3.93 trillion during the first three quarters of 2026.

President Asif Ali Zardari to visit Germany to boost trade cooperation

The trip marks the 75th anniversary of diplomatic ties and aims to connect Pakistani businesses with European markets.

World Bank acknowledges Pakistan's macroeconomic stability and fiscal discipline progress

The report suggests that accelerated structural reforms could help the nation achieve annual growth rates of up to 6.9 percent.

Pakistan could triple national incomes by 2050 through structural reforms

Upgrading policies and institutions could support annual growth of 6.2 to 6.9 percent, potentially reaching Vietnam’s current income level by 2050.

Pakistan proposes Auto Policy 2026-31 to lower vehicle prices and taxes

The plan also includes cutting tariffs on localized parts to 15% by 2031 to protect local manufacturers from lost revenue on imports.

Muhammad Ali proposes TRUST framework to drive Pakistan's economic growth

The plan advocates for private sector management of energy and a broader tax base to prevent future economic crises.

Indonesia’s JAFF Market to host third Producers Exchange in November

Selected producers will receive four nights of lodging in Yogyakarta to help create films that reach audiences across Australia and Indonesia.

Pakistan delays $2 billion liquefied natural gas import decision

The delay affects a proposal for 22 cargoes to meet winter demand, which is projected to nearly double to 1,600 million cubic feet per day.

UN warns world must slash emissions to avert 2.8°C warming

Current policies could lead to 2.8°C of warming this century, requiring a 69% emissions cut by 2040 and 320 billion tonnes of CO2 removed from the air.

Pakistan net foreign direct investment falls to $1.67 billion in FY26

The decline occurs as FDI has remained below 1% of gross domestic product since 2010, with the power sector attracting 52.7% of net FDI.

Mashreq Bank Pakistan launches NEO BIZ digital banking service for SMEs

The platform targets a sector that contributes nearly 40% to the GDP and employs over 80% of the non-agricultural workforce.

Pakistan considers $2 billion gas import to meet winter demand

The government may prioritize residential consumers by cutting supplies to the industrial, power, and fertiliser sectors as demand nearly doubles.

KSE-100 index rises 0.47 percent to settle at 165,930.99

The rise followed renewed institutional buying and the prime minister's approval of a draft auto policy aimed at boosting exports to $6 billion.

Tesla reports $1.7 billion net income for third quarter 2026

The automaker saw a 4 percent profit decline despite exceeding Wall Street revenue expectations as customer deliveries fell slightly.

Pakistan lowers petrol price while increasing high-speed diesel cost

The Oil and Gas Regulatory Authority adjusted rates under a daily pricing mechanism while the government enforces new austerity measures to conserve fuel.

Anthropic records $80.7 billion net loss in first half of 2026

Pakistan secures sufficient fertilizer supply for Rabi 2026 to 2027 cropping season

While urea supply exceeds demand, DAP availability is projected to fall 72,000 tonnes short of the expected offtake for the upcoming season.

Jam Kamal Khan chairs consultative meeting with exporters and industrialists

The session aimed to identify barriers like high energy costs and logistics disruptions to develop practical policy recommendations for the Prime Minister.

Pakistan's FBR sets December 2026 deadline for steel manufacturers to adopt digital monitoring

The new mandate aims to curb tax evasion by tracking production stages and shipment weights in real-time to reconcile factory output with tax returns.

Pakistan food exports rise by 25.32 percent in first quarter

Oil seeds and nuts exports grew by 240.85 percent, while fish and spices also saw gains during the same three-month period.

Pakistan and Maldives agree to increase bilateral trade to $200 million

The trade boost follows the 60th anniversary of diplomatic ties and includes plans for direct flights and cooperation in artificial intelligence.

FAA approves Boeing Max 10 for passenger service with 2027 delivery target

The certification follows years of scrutiny after two fatal crashes involving the smaller Max 8 model killed 346 people.

Pakistan targets 50 per cent emission cut by 2035

The nation requires $565 billion in investment to meet climate goals as debt servicing currently consumes over 60 per cent of national revenue.

Nora EV announces official ex-factory prices for electric vehicles in Pakistan

The new pricing structure, effective late October, provides a clear cost breakdown for various models ranging from budget commuters to high-range options.