Business - DAWN.COM

Finance minister discusses budget preparations with visiting IMF mission

IMF mission appreciates govt's continued commitment to prudent economic management and reform implementation, finance ministry says.

Published 13 May, 2026 12:49pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
ANLNV	8	0.82	11.42 ▲	2,299
OBOY	10.5	1	10.53 ▲	2,678,278
CHBL	11.17	1.02	10.05 ▲	6,570,980
ASLCPS	71.78	6.53	10.01 ▲	665
DWAENC	31.44	2.86	10.01 ▲	40,114

Company	Price	Change	Change %	Volume
HIRATNC	8.19	-1	-10.88 ▼	2,095,495
ADMM	86.58	-9.62	-10.00 ▼	2,928,696
BNWM	65.08	-7.18	-9.94 ▼	352,703
AMBL	28.54	-3.14	-9.91 ▼	121,616
SGPL	75.52	-8.24	-9.84 ▼	3,974,546

Source: PSX | Updated May 13, 2026

India hikes gold, silver duties to protect sliding rupee

Prime Minister Modi had already appealed days ago to the public to avoid buying gold for a year as the rupee's year-long slide against the dollar has worsened during the Iran war.

Published 13 May, 2026 10:23am

SBP says it has received $1.3bn tranche from IMF

Says the amount will be reflected in the country’s foreign exchange reserves for the week ending on May 15.

Published 13 May, 2026 09:39am

Branded Content

Pakistan’s first premium plug-in hybrid E-SUV officially hits the roads as Chery Master begins Tiggo 9 PHEV deliveries

This accelerated rollout is backed by the manufacturing strength, operational capability and over 60 years of industrial and automotive legacy of Master Group.

'Where Silence Falls and Survival Speaks': The last guardian of Gabral Valley

In the remote Hindu Kush, Gabral Valley empties each year as winter approaches, leaving behind only one man who stays to guard its frozen silence.

Master Group of Industries: Driving Pakistan's future through carbon negative innovation

By embracing clean energy solutions, the group continues to contribute toward lowering dependence on conventional energy sources and encouraging a more sustainable industrial ecosystem.

Fuel levy yields lowest fiscal deficit in nearly three decades

Gap shrinks to Rs856bn, or 0.7pc of GDP, during July-March; provincial surpluses, higher PDL collections, lower debt servicing drive improvement.

Updated 13 May, 2026 07:10am

Govt opposes KE’s Rs60bn backdated claims

Nepra says KE's petition regarding end-of-term adjustments within the approved multi-year tariff framework for the control period 2017-23.

Updated 13 May, 2026 07:19am

Nepra tasked to probe IPPs performance, payments amid surging electricity costs

Parliamentary panel wants halt to reported appointments of principal accounting officers from the private sector.

Published 13 May, 2026 08:12am

Auto sales double on cheap financing

Sales of cars, vans, pickups and sport utility vehicles record robust year-on-year growth of 107pc.

Published 13 May, 2026 06:33am

Oil prices rise as hopes of peace dwindle

Brent crude futures gain $3.10 to $107.31 a barrel; US West Texas Intermediate futures up $3.56 at $101.63.

Updated 13 May, 2026 07:25am

Planning Minister Ahsan Iqbal warns unchecked population growth can become ‘social bomb’

Proposes incentives under NFC for provinces managing population growth; projections say population can reach 389.9m by 2050 even under a slow-decline scenario.

Published 13 May, 2026 08:00am

Textile sector eyes $5bn boost

Leading industry exporters meet the finance minister, submit a presentation as part of the textile sector's unified recommendations for the upcoming budget.

Updated 13 May, 2026 07:42am