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Loss-Making SOEs Bleed Rs. 2.8 Billion a Day: Finance Ministry Report
Pakistan’s state-owned enterprises (SOEs) saw their combined adjusted profit fall 30 percent to Rs. 80.5 billion in the first half
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DeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports
DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Business Recorder
PM approves duty-free livestock imports for specialised farms to boost exports
Prime Minister Shehbaz Sharif gestures during a meeting. — APP/File ISLAMABAD: Prime Minister Shehbaz Sharif on Monday approved a comprehensive plan to restructure country’s livestock sector on…
Geo NewsMcDonald's supplier HyFun plans $208 million India IPO
BENGALURU: McDonald’s and KFC supplier HyFun Foods plans to raise up to 20 billion rupees ($207.7 million) in an IPO by late 2028, the frozen-foods maker’s CEO said, betting on surging demand from…
Business RecorderIndian shares poised to extend rebound ahead of RBI policy verdict
Indian shares are likely to open higher on Tuesday , extending their rebound from the previous session as supportive global cues and positive quarterly business updates lift sentiment ahead of a…
Business Recorder
PPDA vows consultation to resolve issues facing dealers
KARACHI: Pakistan Petroleum Dealers Association (PPDA) Chairman Malik Khuda Bakhsh has said the association’s leadership is prioritising the resolution of dealers’ issues and that its members have…
Business RecorderFaisalabad moves to become first circular city to boost exports
FAISALABAD: Practical measures have been initiated to make Faisalabad Pakistan’s first circular city in a bid to meet European Union (EU) compliance requirements and enhance the exports of Pakistani…
Business RecorderYemen's Houthis say they targeted Saudi airports, Aramco refinery; no Saudi confirmation
Yemen’s Houthis said they carried out three military operations in Saudi Arabia towards several locations including the King Khalid International Airport in Riyadh, an Aramco refinery in Rabigh, the…
Business RecorderPetrol Price Up 3rd Day in a Row
The federal government has decided to increase the price of motor spirit (MS) petrol for the next 24 hours, according
ProPakistaniGovt hikes petrol price by Re0.88, cuts diesel by Rs1.88 per litre
The federal government on Monday reduced the price of high-speed diesel (HSD) by Rs1.88 per litre to Rs397.76, while increasing petrol price by Re0.88 to Rs393.64 for October 6, 2026.
Business RecorderSwiss president visits India to boost trade ties
NEW DELHI: Swiss President Guy Parmelin was given a red-carpet welcome in India on Monday as he met Prime Minister Narendra Modi for talks on trade and investment.
Business RecorderS&P 500 up, Nasdaq at record high as megacap tech stocks rise
The benchmark S&P 500 rose and the Nasdaq reached all-time highs on Monday as most megacap and growth stocks advanced, though risk sentiment remained in check as Treasury yields held near multi-year…
Business RecorderIndia's Godrej Consumer expects high-teens revenue growth in second quarter
India’s Godrej Consumer Products said on Monday it expects second-quarter consolidated revenue to rise in the high teens, supported by growth across its businesses.
Business RecorderEast-West oil pipeline pumping halted after new attack: Saudi energy sector source
RIYADH: Oil flows in Saudi Arabia’s East-West pipeline were halted again following a fresh attack on the critical infrastructure, a source working in the kingdom’s energy sector told AFP on Monday.
Business RecorderForex Reserves Under Pressure
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised concerns over the 15.13 percent increase in Pakistan’s
ProPakistaniUS and German scientists win Nobel medicine prize for work on light and brain
STOCKHOLM: American Karl Deisseroth and Germans Peter Hegemann and Georg Nagel won the 2026 Nobel Prize in Physiology or Medicine on Monday for developing optogenetics, a technique that uses light…
Business RecorderMost Gulf bourses edge up on energy relief, fading Fed hike odds
Most Gulf markets closed higher on Monday as easing energy disruption fears and tempered expectations of an immediate Federal Reserve rate hike bolstered sentiment, while the Middle East war…
Business Recorder
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