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Pakistan and world business news from seven outlets, one story per event. Updated 3m ago.
613 stories matching “AN” · Clear
Allocation of functions: PPMC-NGC dispute again lands on power regulator’s table
ISLAMABAD: A brawl between Power Planning and Monitoring Company (PPMC) officially “unregistered” entity of Power Division and National Grid Company (erstwhile NTDC) over “institutional allocation…
Business RecorderAurangzeb speaks of fiscal prudence
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday said Pakistan’s fiscal deficit had declined to 2.6 percent of GDP from a peak of 12.5 percent, while tax…
Business RecorderOver USD5bn annual exports targeted: AsiaPak seeks govt help for aluminium smelter at PQ
ISLAMABAD: AsiaPak Investments Limited has sought the government’s support for a proposed export-oriented aluminium smelter in the Port Qasim industrial area, targeting annual exports of more than…
Business RecorderAurangzeb urges IFIs to align financing terms with improved ratings
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday urged international financial institutions to align financing terms with Pakistan’s improved sovereign ratings and expanding access to…
Business RecorderFarmers, small businesses and homeowners: PM orders banks to expand lending
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed banks to expand lending to farmers, small businesses and prospective homeowners, calling for improved access to finance in three…
Business RecorderElectric buses JV: Pakistani firm signs MoU with Chinese co
ISLAMABAD: A Pakistani firm has signed a memorandum of understanding (MoU) with a Chinese company to establish a joint venture for manufacturing electric buses in Pakistan.
Business RecorderHighest in Asia: Pakistan facing mounting exposure to cyber-enabled financial fraud: report
ISLAMABAD: Pakistan is facing mounting exposure to cyber-enabled financial fraud, with estimated scam losses equivalent to 2.5 percent of gross domestic product (GDP), highlighting growing risks to…
Business RecorderNBP wins ‘Sustainable Infrastructure Initiative of the Year – Pakistan’ ABF Award 2026
KARACHI: National Bank of Pakistan (NBP) has been recognized with the “Sustainable Infrastructure Initiative of the Year – Pakistan” award at the Asian Banking & Finance (ABF) Corporate & Investment…
Business RecorderPM Shehbaz calls for expanded trade, energy ties with Russia
Prime Minister Shehbaz Sharif has called for broadening Pakistan-Russia cooperation in trade and investment, energy, and economic development, as visiting Russian Interior Minister Vladimir…
Business RecorderMukesh Ambani's Jio to launch record India IPO on October 21
Jio Platforms, the digital arm of billionaire Mukesh Ambani’s Reliance Industries, will launch what is expected to be India’s largest initial public offering on October 21, a company filing showed.
Business RecorderGold, oil and the Pakistani saver
Gold is about 25% below its January record and has more than doubled over the last three years. Both are true at once, and the gap between them is the most useful thing a saver can hold on to.
Business RecorderHyundai Motor India to invest $1.16 billion to expand capacity at Pune city plant
Hyundai Motor India plans to invest 110 billion rupees ($1.16 billion) in its Pune city plant to scale up the facility’s annual production capacity by nearly 90% by 2030, the automaker said on…
Business Recorder
Cheap Housing Loans Near Rs. 0.5 Trillion
Pakistan’s Apna Ghar housing scheme has approved 75,198 loans worth Rs. 448 billion, but only Rs. 76 billion has been
ProPakistaniQSPL and Bank Alfalah Partnership to Rewrite Pakistan’s Financial Architecture
Quwat Services Private Limited (QSPL) is aggressively scaling past legacy limitations to build Pakistan’s definitive fintech giant under a singular
ProPakistaniPakistan Assures IMF Subsidies Will Be Limited
Pakistan’s Finance Minister Muhammad Aurangzeb reaffirmed the government’s commitment to economic reforms and targeted subsidies for low-income families during a
ProPakistaniIndian rupee extends rise but falters past 95/USD on importer hedging, outflows
MUMBAI: The Indian rupee rose for a third consecutive session on Wednesday to hit a more than one-month peak as the central bank followed up tough regulatory measures with hawkish commentary.
Business RecorderIndia's Bank of Baroda says it will defend interests after UAE businessman Shetty files $15bn suit
MUMBAI: India’s Bank of Baroda BOB.NS on Wednesday said it will protect its interests, a day after UAE-based businessman and founder of NMC Health filed a $15 billion case against the lender and 25…
Business RecorderSECP Launches New Anti-Fraud System
The Securities and Exchange Commission of Pakistan (SECP) has approved the establishment of a Corporate Intelligence Unit (CIU) to identify
ProPakistani
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