» PTI not serious for dialogue with govt, blames information minister
09/01/26 16:30 from Business Recorder - Latest News
Minister for Information and Broadcasting Attaullah Tarar on Friday said that Pakistan Tehreek-e-Insaf (PTI), divided into different groups, is not serious for dialogue with the government. Addressing a news conference in Islamabad, whil...
» Bain’s Manappuram deal delayed by Indian regulatory concerns, sources say
09/01/26 16:28 from Business Recorder - Latest News
MUMBAI: India’s central bank has raised objections to Bain Capital’s plan to acquire a controlling stake in Manappuram Finance as the U.S. firm has a controlling interest in another Indian lender, three people with direct knowledge of th...
» Yemen’s southern separatists have disbanded, delegate to talks in Saudia Arabia says
09/01/26 16:16 from Business Recorder - Latest News
DUBAI: Yemen’s main southern separatist group has decided to disband, one of its members said in a statement broadcast on state media on Friday in Saudi Arabia, where a delegation from the group, which appears to be splitting, has been a...
» Trump cancels second wave of attacks on Venezuela after cooperation
09/01/26 16:07 from Business Recorder - Latest News
U.S. President Donald Trump said he had canceled a second wave of attacks on Venezuela following cooperation from the South American nation. The president said on Friday that Venezuela was releasing a large number of political prisoners ...
» Reliance Jio considers 2.5% public offering in 2026 India IPO, sources say
09/01/26 16:02 from Business Recorder - Latest News
LONDON/MUMBAI/HONG KONG: Reliance Jio Platforms is considering an initial public offering this year that would float 2.5% of the company, people familiar with the matter said, a move that could make it the country’s largest-ever IPO wort...
» ‘Tokenisation will be a game-changer for Pakistan’
09/01/26 16:15 from Business Recorder - Latest News
Tokenisation - the process of converting real-world assets or data into digital tokens on a blockchain - will be a game changer for Pakistan as it will solve a host of issues if applied at the ecosystem level, Qaiser Noor told Business R...
» Govt orders solarisation of high-loss PESCO, QESCO feeders
09/01/26 16:15 from Business Recorder - Latest News
Prime Minister Shehbaz Sharif on Friday directed authorities to convert high-loss electricity feeders of PESCO and QESCO to solar energy. The directive came during a high-level meeting regarding solarisation in Islamabad, according to a ...
» India caps Vodafone Idea’s annual dues in relief to debt-saddled carrier
09/01/26 15:55 from Business Recorder - Latest News
The Indian government on Friday capped Vodafone Idea’s long-pending adjusted gross revenue dues at $13.79 million annually over the next six years, easing near-term cash flow pressure for the embattled telecom carrier. The move sent shar...
» Indian rupee dips as NDF maturities, corporate hedging pinch
09/01/26 15:51 from Business Recorder - Latest News
MUMBAI: The Indian rupee slipped on Friday, pressured by dollar demand linked to maturing non-deliverable forward positions and corporate hedging as global markets awaited a key U.S. Supreme Court ruling on trade tariffs. The currency cl...
» Indian shares log worst week in over 3 months as US tariff worries dent sentiment
09/01/26 15:48 from Business Recorder - Latest News
Indian equity benchmarks fell for a fifth consecutive session on Friday and recorded their worst weekly drop in over three months as renewed concerns over U.S. tariffs rattled investors. The Nifty 50 fell 0.75% to 25,683.3, while the Sen...
» PM approves national policy framework to unlock $450 billion gemstone potential
09/01/26 15:36 from Business Recorder - Latest News
Prime Minister Muhammad Shehbaz Sharif has granted principled approval to a comprehensive National Policy Framework aimed at revolutionising Pakistan’s gemstone sector and aligning it with international market requirements. Presiding ove...
» China’s yuan set to rise for 7th week, outlook expected to be choppy
09/01/26 14:30 from Business Recorder - Latest News
SHANGHAI: China’s yuan advanced slightly against the dollar on Friday, on track for a seven-week rising streak - the longest since 2020 - as investors headed into the weekend on a cautious note and were reluctant to make any large bets. ...
» European stocks edge up as Glencore boosts STOXX 600
09/01/26 14:26 from Business Recorder - Latest News
European shares opened higher on Friday, lifted by an 8% jump in Glencore that put the STOXX 600 on track for its longest weekly winning streak since May. The gains reversed two sessions of losses, when weaker earnings and geopolitical t...
» Pakistan Petroleum appoints Mohammad Khalid Rehman as CEO
09/01/26 14:25 from Business Recorder - Latest News
Pakistan Petroleum Limited (PPL) announced on Friday the appointment of Mohammad Khalid Rehman, the Chief Financial Officer (CFO), as the Chief Executive Officer (CEO) / Managing Director of the company . The company informed in a notice...
» India-US trade deal stalled after Modi did not call Trump, Lutnick says
09/01/26 13:54 from Business Recorder - Latest News
NEW DELHI: India’s trade pact with the United States was delayed because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump to close a deal they were negotiating, Commerce Secretary Howard Lutnick said o...
» PM Shehbaz directs to prepare effective package for Ramadan
09/01/26 13:06 from Business Recorder - Latest News
Prime Minister Shehbaz Sharif has directed all relevant departments to prepare a more effective and beneficial package for the upcoming Ramadan compared to last year. Chairing a meeting on Ramadan package in Islamabad on Friday, he said ...
» Gold per tola gains Rs3,400 in Pakistan
09/01/26 13:15 from Business Recorder - Latest News
Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs469,562 after a gain of Rs3,400 during the day. Similarly, 10-gram gold was sold at Rs402...
» Pakistan receives $3.6bn in remittances in December 2025
09/01/26 13:29 from Business Recorder - Latest News
Remittance inflow since Jan 2024 const ctx = document.getElementById('closingRatesChart').getContext('2d'); const closingRatesChart = new Chart(ctx, { type: 'line', data: { labels: [ "Jan-24", "Feb-24", "Mar-24", "Apr-24", "May-24", "Jun...
» Sindh extends cooperation as CM Afridi arrives in Karachi to hold ‘massive’ power show
09/01/26 16:13 from Business Recorder - Latest News
The Sindh government on Friday announced to extend cooperation and facilitate Khyber Pakhtunkhwa Chief Minister Muhammad Sohail Afridi as the latter arrived in Karachi to hold a “massive public gathering”. In a message prior to leaving f...
» India’s Varma out for three weeks after surgery for groin issue
09/01/26 12:23 from Business Recorder - Latest News
India batter Tilak Varma will be out for nearly three weeks after undergoing surgery for a groin issue, the Indian cricket board (BCCI) said on Thursday. Varma has been ruled out of the first three Twenty20 matches against New Zealand be...