Pakistan’s trade gap grows in first four months of FY26 despite higher remittances

[ KARACHI: Pakistan’s fragile external position came under renewed pressure in October as the current account deficit ballooned to $733 million in first four months of FY2026, driven by a surge in imports and weakening export growth that erased much of the improvement seen in recent months. The latest balance of payments data shows that … Read more

Profit-taking wipes out early gains at PSX

[ A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi on July 3, 2023. Photo: Reuters/ File KARACHI: A volatile session was observed at the Pakistan Stock Exchange (PSX) on Monday, where the benchmark KSE-100 index lost a modest … Read more

Indus Motor seeks stable auto policy, curbs on used car imports

[ KARACHI: Indus Motor Company (IMC) has proposed that the upcoming Auto Policy 2026-31 should maintain at least 40% tariff difference between completely knocked down (CKD) and completely built-up (CBU) vehicles to protect jobs and ensure competitiveness. It was proposed by IMC Chief Executive Ali Asghar Jamali while speaking at the Pakistan Auto Show (PAPS) … Read more

E-challan fines stir backlash as people demand road repairs

KARACHI: As Karachi’s new AI-based e-challan system sparks public outrage over steep penalties, city traffic authorities are defending the move as a necessary deterrent to restore order on chaotic roads while citizens say authorities should fix the city’s crumbling infrastructure before penalising drivers. Heavy traffic fines in Karachi are designed to deter violations, not match … Read more

IT exports hit record $386m in October

Sector posts 20% growth in four months; SBP incentives, GCC demand raise confidence KARACHI: Pakistan’s information technology (IT) exports reached an all-time high of $386 million in October 2025, up 17% year-on-year (YoY) and 5% month-on-month (MoM), according to data released on Monday. The figure was higher than the 12-month average of $332 million and … Read more