KARACHI: The Pakistan Stock Exchange (PSX) closed the week on a muted note, as early gains driven by easing geopolitical tensions were offset by profit-taking, disappointing quarterly results from the banking sector, and investor caution ahead of the futures rollover week. Read More: https://epaper.brecorder.com/2025/10/27/8-page/1071967-news.html
ISLAMABAD: The government has fixed the power tariff for industrial and agricultural consumers at Rs22.98/kWh on an incremental basis. The Power Division said the move is part of Prime Minister Shehbaz Sharif’s “Roshan Maeeshat Electricity Package” to boost national industry and agriculture. Read More: https://epaper.brecorder.com/2025/10/24/1-page/1071514-news.html
KARACHI: The Pakistani rupee recorded a slight gain against the US dollar in the inter-bank market on Tuesday. According to the State Bank of Pakistan (SBP), the local currency closed at 281.06 against the greenback, appreciating by Re0.01 from Monday’s closing rate of 281.07. Read More: https://epaper.brecorder.com/2025/10/22/1-page/1071161-news.html
ISLAMABAD: The Russian government has put forward two proposals for the revival of the struggling Pakistan Steel Mills (PSM). One option involves a blast furnace model estimated to cost USD 1.91 billion, while the other is based on Electric Arc Furnace (EAF) technology with an estimated cost of USD 1.05
