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The Herald Today

6 August 2025

Business

IMF Approval, Ceasefire Send PSX Soaring by Almost 10,000 Points
IMF Approval, Ceasefire Send PSX Soaring by Almost 10,000 Points

PSX Soars as Positive Developments Converge The Pakistan Stock Exchange (PSX) experienced a robust recovery on Monday, fueled by a...

By Web Desk | May 12, 2025 | Category: Business, Latest, World

Rupee Gains Momentum Against US Dollar in Intra-day Trading
Rupee Gains Momentum Against US Dollar in Intra-day Trading

Pakistani Rupee Gains Ground Against US Dollar The Pakistani rupee demonstrated resilience against the US dollar, experiencing a 0.1% increase...

By Web Desk | May 12, 2025 | Category: Business, Latest, World

Shifa Int’l Hospitals Plans Acquisition of Minority Stake in SMCI Subsidiary
Shifa Int’l Hospitals Plans Acquisition of Minority Stake in SMCI Subsidiary

Shifa International to Acquire Minority Shares in Shifa Medical Centre Islamabad Shifa International Hospitals Limited (SIHL) intends to purchase all...

By Web Desk | May 12, 2025 | Category: Business, Latest

EU review tests Pakistan’s duty-free exports under GSP plus status, as reforms advance
EU review tests Pakistan’s duty-free exports under GSP plus status, as reforms advance

Pakistan’s GSP+ Status Under EU Review The European Commission is currently assessing Pakistan’s eligibility for the European Union’s (EU) GSP...

By Web Desk | May 12, 2025 | Category: Business, Latest

Prolonged Trade Ban with India Puts Pakistan’s Pharmaceutical Sector at Risk
Prolonged Trade Ban with India Puts Pakistan’s Pharmaceutical Sector at Risk

Pakistan’s pharmaceutical industry is sounding the alarm as the ongoing trade ban with India continues to disrupt the supply of...

By News-Editor | May 10, 2025 | Category: Business

Govt Develops Tariff Rationalisation Strategy for FY26 Budget
Govt Develops Tariff Rationalisation Strategy for FY26 Budget

Government Formulating Tariff Rationalisation Strategy The government is currently developing a strategy focused on the rationalisation of tariffs. This development...

By Web Desk | May 9, 2025 | Category: Business, Latest

Pakistan sees Rs1,800 drop in gold per tola price
Pakistan sees Rs1,800 drop in gold per tola price

Gold Prices Decline in Pakistan Amid Global Downturn On Friday, gold rates in Pakistan experienced a decrease, mirroring trends observed...

By Web Desk | May 9, 2025 | Category: Business, Latest

Remittances to Pakistan Reach $3.2bn in April, Decreasing 22% MoM
Remittances to Pakistan Reach $3.2bn in April, Decreasing 22% MoM

Pakistan Receives $3.2 Billion in Remittances in April 2025 According to data released by the State Bank of Pakistan (SBP)...

By Web Desk | May 9, 2025 | Category: Business, Latest

In Q1 2025, Dubai Chamber International brings in 53 global firms
In Q1 2025, Dubai Chamber International brings in 53 global firms

Dubai International Chamber Attracts Record Number of Companies in Q1 2025 The Dubai International Chamber reported a substantial increase in...

By Web Desk | May 9, 2025 | Category: Business, World

Pakistan’s economic reforms draw positive response from global investors
Pakistan’s economic reforms draw positive response from global investors

Global Investors Express Confidence in Pakistan’s Economic Reforms Leading global investment firms, including Amundi and Lion’s Head Global Partners, have...

By Web Desk | May 9, 2025 | Category: Business, Latest

Rupee Holds Firm Against US Dollar in Today’s Trading
Rupee Holds Firm Against US Dollar in Today’s Trading

Pakistani Rupee Shows Marginal Gain Against US Dollar During Friday’s opening trade, the Pakistani rupee demonstrated relative stability against the...

By Web Desk | May 9, 2025 | Category: Business, China, Latest, UK, United States, World

Foreign exchange reserves increase by $231m to $15.483bn
Foreign exchange reserves increase by $231m to $15.483bn

Pakistan’s Foreign Exchange Reserves Surge Pakistan experienced a substantial increase in its total liquid foreign exchange reserves during the week...

By Web Desk | May 9, 2025 | Category: Business, Latest

Steel Manufacturer in Pakistan Turns On 6.4MW Karachi Solar Facility
Steel Manufacturer in Pakistan Turns On 6.4MW Karachi Solar Facility

International Steels Commissions Solar Power Project in Karachi International Steels Limited (ISL), a subsidiary of International Industries Limited, has successfully...

By Web Desk | May 9, 2025 | Category: Business, Latest

State Bank’s forex reserves climb $118mn, reaching $10.33bn
State Bank’s forex reserves climb $118mn, reaching $10.33bn

Pakistan’s Forex Reserves See Weekly Increase According to data released on Thursday, the State Bank of Pakistan (SBP) saw its...

By Web Desk | May 8, 2025 | Category: Business, Latest

US dollar gains as rupee declines in value
US dollar gains as rupee declines in value

Pakistani Rupee’s Slight Dip Against US Dollar The Pakistani rupee experienced a minor decrease for the fifth consecutive trading session...

By Web Desk | May 8, 2025 | Category: Business, China, Latest, United States, World

Rupee Strengthens Against US Dollar in Intra-day Trading
Rupee Strengthens Against US Dollar in Intra-day Trading

Pakistani Rupee Shows Slight Gain Against US Dollar The Pakistani rupee experienced a minor increase against the US dollar, rising...

By Web Desk | May 8, 2025 | Category: Business, Latest, World

Rafhan Maize to see Majority Stake Acquired by Cherat Cement, Shirazi Investments
Rafhan Maize to see Majority Stake Acquired by Cherat Cement, Shirazi Investments

Cherat Cement and Shirazi Investments Eye Stake in Rafhan Maize Cherat Cement Company Limited (CCCL) and Shirazi Investments (Private) Limited...

By Web Desk | May 8, 2025 | Category: Business

CCP Approves Secure Logistics’ Acquisition of Trax Online
CCP Approves Secure Logistics’ Acquisition of Trax Online

CCP Approves Acquisition of Trax Online by Secure Logistics Group The Competition Commission of Pakistan (CCP) has granted approval for...

By Web Desk | May 7, 2025 | Category: Business, Latest

Rupee marginally gains against US dollar in intra-day update
Rupee marginally gains against US dollar in intra-day update

Pakistani Rupee Gains Slightly Against US Dollar During Wednesday’s early trading hours, the Pakistani rupee experienced a slight increase in...

By Web Desk | May 7, 2025 | Category: Business, China, Latest, United States, World

Pakistani steel firm launches Ireland unit to target Europe’s markets
Pakistani steel firm launches Ireland unit to target Europe’s markets

International Industries Establishes Subsidiary in Ireland International Industries Limited (IIL), a major Pakistani manufacturer and exporter of steel and polymer...

By Web Desk | May 7, 2025 | Category: Business, Latest