News

Nothing political: Pakistan not singled out in US visa curbs, says ex-envoy

Former Pakistan’s envoy to the United States, Hussain Haqqani, has said that Pakistan has not been singled out in the recent US restrictions on immigrant visas, stressing that the move is administrative in nature rather than politically motivated. “Pakistan is not the only country on that list,” said Haqqani on Thursday, during an interview on the Aaj News programme News Insight with Amir Zia.

Pakistan’s seafood export jumps to $253mn in 1HFY26, up 22%

The marine fisheries sector posted strong growth in the first half of fiscal year 2025–26, with seafood exports rising to 122,629.11 metric tons valued at $253.24 million between July and December 2025. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry shared the figures on Friday. Commenting on data released by the Marine Fisheries Department, the minister said the perfor

Cherat Cement to invest Rs1.85bn in battery storage, solar capacity

n a move to curb escalating electricity costs and expand renewable energy use, Cherat Cement Company Limited (CHCC) has decided to install a 25 megawatt (MW) battery energy storage system alongside a 5.4MW solar power plant at its Nowshera manufacturing facility. The listed company engaged in the manufacturing of cement disclosed the development in its notice to the Pakistan Stock Exchange (PSX

PSX succumbs to profit-taking pressure

The Pakistan Stock Exchange (PSX) registered a notable fall on Wednesday as caution gripped investors amid escalating geopolitical tensions, particularly between the US and Iran and fears of a potential US strike on Tehran that lifted oil prices The benchmark KSE-100 index dropped 1,381.69 points, or 0.75%, to close at 182,569.82, after swinging between the intra-day high of 184,727 and the low

Currency in circulation at Rs10.9tr

Pakistan's broad money (M2) supply rose to Rs41.63 trillion, registering a week-on-week increase of Rs346 billion. On a fiscal year-to-date basis, M2 has expanded by Rs838 billion, while the calendar year-to-date growth stands at Rs346 billion. On an annual basis, the broad money recorded a substantial rise of Rs6.01 trillion, supported by higher deposit mobilisation and balance-sheet expansion