Selling pressure was observed at the Pakistan Stock Exchange (PSX) on Monday, with the benchmark KSE-100 Index shedding over 900 points amid volatility on the political front. At 11am, the benchmark index was hovering at 166,150.86, down 938.41 points or 0.56%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, O
Law Reform Report No 142 of the Law and Justice Commission of Pakistan proposes an International Commercial Court of Pakistan as a specialised Federal Superior Court. Crucially, Clause (3) of the draft Article 212A expressly permits parliament to confer original or appellate jurisdiction over "taxation" and other economic and commercial matters. That opening should not be treated as drafting su
In Pakistan, where millions of families struggle to make both ends meet and cannot afford costly treatment, a local study found that Pakistani biosimilar medicines deliver diabetes control and weight loss comparable to their multinational counterparts. The findings were presented at the concluding day of PESCON 2026, the Pakistan Endocrine Society’s 24th annual conference. Medical experts said
Patron-in-Chief of the Pakistan Textile Exporters Association (PTEA), Khurram Mukhtar, has cautioned the government about a steep decline in Pakistan’s goods exports in the second quarter of FY27, warning that the textile sector is facing mounting pressure from multiple directions. He said high inflation in Western markets had sharply depressed buyer demand, while sea freight charges had surged
The Federal Board of Revenue (FBR) has exceeded its revenue collection target for the first quarter (July-September) of fiscal year 2026-27, provisionally collecting Rs3,083.5 billion against the target of Rs3,053 billion, despite abolition of Super Tax, reduction in withholding tax on properties, income tax rates for salaried class and other tax relief measures introduced through Finance Act 2026