Karachi, January 29, 2026 — The Pakistan Stock Exchange (PSX) faced intense selling pressure on Thursday as the benchmark KSE-100 index plunged by more than 5,000 points during intraday trading, sparking concerns among investors and market participants.
(more…)Author: Faisal Shahnawaz
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Today’s Bitcoin Rates in Pakistani Rupee and US Dollar – January 29, 2026
Bitcoin (BTC) traded with marginal movement on Thursday as the world’s largest cryptocurrency showed signs of short-term consolidation after a volatile week. According to the latest market data, 1 Bitcoin was valued at $89,240.15 in the US dollar market, reflecting a negligible daily decline of less than one dollar.
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KE, BYD Pakistan ink power deal to fuel EV manufacturing operations
Karachi, January 29, 2026 — K-Electric (KE) and Mega Motor Company (MMC), the local partner of global electric vehicle giant BYD in Pakistan, have signed a landmark Memorandum of Understanding (MoU) to provide a dedicated electricity connection for BYD’s upcoming vehicle manufacturing facility in the country.
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FBR cracks down on wealthy as luxury car sales soar 73% in Pakistan
Karachi, January 29, 2026 — The Federal Board of Revenue (FBR) has ramped up its monitoring of Pakistan’s wealthy elite as luxury car sales skyrocket by a staggering 73% in the first half of fiscal year 2025-26.
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New Zealand thrash India by 50 runs in fourth T20I at Visakhapatnam
Visakhapatnam, January 28, 2026 — New Zealand produced a dominant all-round performance to defeat India by 50 runs in the fourth T20I, registering their first win of the five-match series and denting the hosts’ unbeaten run.
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Tank 500 HEV vs Toyota Fortuner GR-S in Pakistan: Rs 1,000 Difference, Two Very Different SUVs
Pakistan’s premium SUV segment just got more exciting with the arrival of the GWM Tank 500 HEV, now going head-to-head with the Toyota Fortuner GR-S.
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XPENG Pakistan Officially Opens Bookings for XPENG G6 Electric SUV
XPENG Pakistan has officially kicked off bookings for the highly anticipated XPENG G6 electric SUV, marking another major step forward for Pakistan’s fast-growing electric vehicle market.
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Pakistan vs Australia: First T20I in Lahore on January 29, 2026
Lahore, January 28, 2026 – Pakistan and Australia are set to clash in the first of a three-match T20I series at the Gaddafi Stadium, Lahore, on January 29, 2026, marking the final tune-up ahead of the T20 World Cup 2026.
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SBP releases daily KIBOR rates for January 28, 2026
Karachi, January 28, 2026 – The State Bank of Pakistan (SBP) on Wednesday issued the daily Karachi Interbank Offered Rates (KIBOR), providing a key benchmark for banks, businesses, and consumers across the country. KIBOR serves as a reference rate for pricing corporate loans, consumer financing, and other credit products offered by commercial banks.
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KSE-100 index rises 177 points in volatile, range-bound session
Karachi, January 28, 2026 — The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed Wednesday’s trading session on a positive note, gaining 177 points despite heightened volatility and range-bound market conditions.
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