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Iran shifting tactics to step up attacks on shipping before US vote, officials say
DUBAI/LONDON/WASHINGTON: Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior…
Business Recorder

‘PPP chooses to stand with state at cost of its own political interests’
LAHORE: Pakistan Peoples Party (PPP) Secretary General Hamayoun Khan said on Tuesday that protecting the country and its people was more important than politics, adding that the party had chosen to…
Business Recorder
Addressing rising costs, arresting decline: PTEA wants 6-8pc DLTL support tied to 10pc rise in exports
ISLAMABAD: Pakistan’s textile exporters have sought temporary Drawback of Local Taxes and Levies (DLTL) support of 6-8 percent, linked to a 10 percent increase in exports, as part of a broader…
Business Recorder
Cashless drive: Govt tightens digital payments oversight, plans tax reforms
ISLAMABAD: The government has decided to tighten the definitions of active digital payment users and merchants and introduce tax policy reforms to accelerate Prime Minister’s Cashless Pakistan…
Business Recorder
Saudi coalition strikes Yemen oil sites after Houthi attacks
SANAA: The Saudi-led coalition battling the Houthis struck oil sites across western Yemen on Tuesday including in the capital Sanaa, in response to the deadliest attack on the kingdom’s soil in…
Business Recorder
Cold-rolled steel coils & sheets: NTC extends anti-dumping duties for 5 more years
ISLAMABAD: The National Tariff Commission (NTC) has extended anti-dumping duties on imports of cold-rolled steel coils and sheets originating in or exported from China for another five years, citing…
Business Recorder
The Organic Meat Company Limited
(PSX: TOMCL) was incorporated in Pakistan as a private limited company in 2010. The company is engaged in the processing and sale of halal meat and allied products.
Business Recorder
SBP directs banks to put on hold sugar exports by mills located in Khyber Pakhtunkhwa
The State Bank of Pakistan (SBP) directed commercial banks on Tuesday to put sugar exports by the mills located in Khyber Pakhtunkhwa’s (KP) on hold till the provincial administration endorses the…
Business Recorder
20 Textile Companies Earn Rs. 52 Billion Profit
Profits of Pakistan’s top 20 listed textile companies rose 11 percent year-on-year to Rs. 51.9 billion in fiscal year 2026,
ProPakistani
What’s up with McDonald’s latest ad campaign in Pakistan?
The giant billboards as part of McDonald’s latest ad campaign featuring host/actor/comedian Tabish Hashmi front and centre showing how the fast food giant uses local ingredients and contributes…
Business Recorder
Textile body urges PM to retain export facilitation scheme for yarns, fabrics
The Pakistan Textile Council (PTC) has urged Prime Minister Shehbaz Sharif to retain the Export Facilitation Scheme (EFS) for all legitimate export inputs and reject further exclusions of yarns and…
Business Recorder
PM Shehbaz says wheat price to be announced after provincial consultations
Prime Minister Shehbaz Sharif said on Tuesday that the government will announce the wheat price after consultations with the provinces, stressing that the decision must ensure fair returns for…
Business Recorder
India's Adani Enterprises eyes $210 mln fundraise via rupee debt, bankers say
MUMBAI: The flagship firm of India’s Adani group, Adani Enterprises, plans to raise around 20 billion rupees ($210 million) through the sale of short-duration bonds, two merchant bankers directly…
Business Recorder
India's state borrowing costs spike to over six-year high as demand fades
MUMBAI: Borrowing costs for the most liquid part of India’s state government bond curve breached the 8% handle for the first time in over six years on Tuesday, according to traders, tracking a sharp…
Business Recorder
Finance Minister Gives Evidence for Pakistan’s Economic Recovery
Finance Minister Muhammad Aurangzeb has pointed to improving fiscal and external balances, stronger foreign exchange reserves, credit rating upgrades and
ProPakistani
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