News

Maritime minister warns of textile pollution impact

Pakistan’s textile and garment industry may face stricter environmental regulations, as Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday raised concerns over pollution caused by textile and fashion waste. On World Clean-Up Day 2025, which focused on “Tackling Textile and Fashion Waste Through Circular Fashion,” the minister called for urgent action to implement sustainab

Govt eyes new markets for kinno export

The government has announced a set of measures aimed at enhancing the global recognition of Pakistani kinno, a variety of citrus fruit, with a focus on improving its export potential and value-added products. National Food Security and Research Minister Rana Tanveer Hussain, in a statement on Saturday, highlighted that the Department of Plant Protection (DPP) has accredited the Citrus Research

PSX rises by 1,700 points on back of bolstered investor confidence after Saudi defence pact

The Pakistan Stock Exchange (PSX) rose by 1,700 points on Thursday to settle near the all-time high of 158,000 on the back of increased investor confidence after the signing of a mutual defence pact with Saudi Arabia. The benchmark KSE-100 index surged by 1,775.65 points, or 1.14 per cent, to close at 157,953.46 — its highest level in history. Pakis­tan and Saudi Arabia entered into a landma

PSX ends flat as inflation concerns weigh

The Pakistan Stock Exchange (PSX) saw a volatile session on Wednesday, with the benchmark KSE-100 index closing nearly flat as profit-taking towards the end of the day dragged it into negative territory. The index fluctuated in a wide range, reflecting the market’s response to ongoing economic concerns, particularly the impact of flood-related agricultural losses on inflation. Inflation remaine

$7.7bn package for Reko Diq approved

The government on Thursday approved definitive agreements and financial commitments for the revised cost of $7.723 billion for the first phase of the Reko Diq Copper-Gold Project, clearing the way for formal signing within two weeks. The Economic Coordination Commit­tee (ECC) of the cabinet, chaired by Finance Minister Muha­mmad Aurangzeb, endorsed agreements between state-owned entities (SOEs)