News

Digital data exchange: PDA, SECP on the same page

Pakistan Digital Authority (PDA) and Securities and Exchange Commission of Pakistan (SECP) Thursday agreed that the digital data exchange among federal/provincial governments, private sector and citizens will be key to successfully implementing digital initiatives under the Digital Citizen Act 2025. The Chairperson of the Pakistan Digital Authority (PDA), Dr. Sohail Munir, visited the Securitie

Gold subdued as strong US jobs data dents rate-cut hopes

Gold inched down on Friday as a stronger-than-expected U.S. jobs report reinforced expectations that the Federal Reserve will refrain from cutting interest rates at its December meeting. Spot gold was down 0.1% at $4,072.87 per ounce, as of 0242 GMT. U.S. gold futures for December delivery edged 0.3% higher to $4,071.90 per ounce. “Gold prices are consolidating at the moment, and we see the

Oil extends decline on possible Russia-Ukraine peace deal

Oil prices extended their decline for a third straight session on Friday as the U.S. pushed for a Russia-Ukraine peace deal that could bring more oil supplies onto the global market, while uncertainty over U.S. interest rate cuts curbed investor risk appetite. Brent crude futures fell 71 cents, or 1.12%, to $62.67 a barrel by 0212 GMT after slipping 0.2% in the previous session. US West Tex

Top 8 auto parts and accessories companies at PSX as of Nov 2025

The auto parts and accessories segment at the Pakistan Stock Exchange (PSX) represents a dynamic intersection of manufacturing strength, technological progress, and investor interest. These companies supply critical components that keep Pakistan’s automotive industry moving. Their performance often serves as a barometer for the broader auto sector, reflecting demand patterns and localisation initi

Fiscal governance & revenue reforms: Pakistan, Nigeria explore cooperation

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Thursday met a 13-member delegation from the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) of Nigeria, led by Barrister Imo Effiong Akpan, Federal Commissioner. Senior officials of the Finance and Revenue Division were also present during the meeting. The finance minister welcomed the delegation and express