After over a year of price stability driven by declining interest rates and encouraging economic indicators, consumers are now facing rising prices for wheat and related products. The wheat crop, although harvested in March, came in below expectations, contributing to growing concerns. Traders warn that wheat consumption in the livestock and poultry sectors has added to the supply pressure, as
Pakistan’s raw food exports saw a 10.25 per cent decline in July 2025, primarily due to a significant drop in rice shipments, marking the first downturn after 19 consecutive months of growth. Despite persistent food inflation in the country, the demand for Pakistani raw food exports weakened, largely due to shifts in global supply dynamics. Official figures from the Pakistan Bureau of Statis
The Pakistan Stock Exchange (PSX) witnessed a sharp reversal on Thursday as early gains were wiped out by intensive selling, triggered by renewed political uncertainty. The benchmark KSE-100 index, which had climbed to the intra-day high of 151,250 points, tumbled later, hitting the low of 148,273. It closed the day at 149,235, down 1,356 points, or 0.90%. The sell-off emerged after the Supr
It is not only Jazz that has massively overcharged consumers, other telecom service providers have also pocketed billions and the matter has now landed in a Senate panel for investigation. The Senate Standing Committee on Information Technology and Telecommunication has called an urgent meeting on August 25 to probe the issue. Earlier, it was reported that Jazz had overcharged its consumers Rs6
The Asian Development Bank (ADB) will provide a $410 million financing package to help develop the Reko Diq copper mine, one of the world's largest untapped deposits, which will be operated by Barrick Gold, two sources said on Thursday. Pakistan hopes the project will serve as a springboard to draw more foreign interest to its mineral sector, particularly to exploit rare earth deposits. The cou