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Author: Faisal Shahnawaz

OGDCL gas

OGDCL begins major oil and gas production at Spinwarm-1 in Waziristan

April 1, 2026April 1, 2026Faisal Shahnawaz

Karachi, April 1, 2026 – Oil and Gas Development Company Limited (OGDCL) has announced the commencement of oil and gas production from the Spinwarm-1 discovery in Waziristan, marking a significant development in Pakistan’s energy sector.

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bulls and bears of stocks

KSE-100 Index Hits Upper Lock After 7,500-Point Surge

April 1, 2026April 1, 2026Faisal Shahnawaz

Karachi, April 1, 2026 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a sharp rally on Wednesday, triggering an upper circuit breaker after gaining nearly 7,500 points in intraday trading.

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Pakistan Stocks - APP

PSX records worst March as KSE-100 falls 11.5%

April 1, 2026April 1, 2026Faisal Shahnawaz

Karachi, April 1, 2026 – The Pakistan Stock Exchange (PSX) witnessed a sharp downturn in March 2026, with the benchmark KSE-100 Index posting its worst monthly performance in years. The index plunged by 19,319 points on a month-on-month basis, translating into a negative return of 11.5%—the steepest decline since March 2020 in percentage terms.

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FIFA logo

FIFA stands firm as Iran World Cup matches stay unchanged

April 1, 2026April 1, 2026Faisal Shahnawaz

Gianni Infantino has dismissed all safety concerns and rejected calls to relocate Iran’s World Cup matches, confirming that the team will compete as originally scheduled despite ongoing geopolitical tensions.

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imported cars

FBR unveils new policy for disposal of tampered vehicles

April 1, 2026April 1, 2026Faisal Shahnawaz

Islamabad, March 31, 2026 – The Federal Board of Revenue (FBR) has introduced a comprehensive procedure for the use and disposal of confiscated vehicles with tampered chassis numbers through Customs General Order (CGO) No. 04 of 2026. The new policy, effective from April 1, 2026, aims to ensure transparency, uniformity, and accountability in handling such […]

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XIO

Inverex to Launch Upgraded Inverex Xio with New Look in Pakistan

March 31, 2026March 31, 2026Faisal Shahnawaz

Inverex is preparing to introduce an upgraded version of its compact electric car, the Inverex Xio, and the latest teaser suggests a bold new black-themed design.

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byd atto 3

BYD Pakistan Promises Fastest Delivery for Atto 3 EV on Full Payment

March 31, 2026March 31, 2026Faisal Shahnawaz

Electric vehicle interest in Pakistan continues to grow, and BYD Pakistan has added fresh momentum by announcing an accelerated delivery timeline for its popular Atto 3 electric SUV.

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SBP KIBOR

KIBOR Rates Skyrocket in March 2026 – Loans Get Costlier

March 31, 2026March 31, 2026Faisal Shahnawaz

Karachi, March 31, 2026 – The Karachi Interbank Offered Rates (KIBOR) recorded a significant upward trend during March 2026, reflecting tightening liquidity conditions and increasing pressure on borrowers across Pakistan’s financial sector.

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PSX KSE-100

KSE-100 Index surges 1,900 points as PSX rebounds

March 31, 2026March 31, 2026Faisal Shahnawaz

Karachi, March 31, 2026 – The benchmark KSE-100 Index witnessed a strong recovery on Tuesday as the Pakistan Stock Exchange (PSX) rebounded sharply, gaining 1,900.34 points amid renewed investor confidence and improved market sentiment.

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Bank Alfalah

Bank Alfalah sees interest rate hike risk amid Iran conflict

March 31, 2026March 31, 2026Faisal Shahnawaz

Karachi, March 31, 2026 – Bank Alfalah Limited has indicated a possible upward trend in interest rates in the coming months, citing heightened geopolitical tensions stemming from the ongoing Iran conflict.

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  • Pakistan advised to mandate tax filing for foreign nationals
  • Karachi may experience significant summer heat rise this week
  • FBR revises customs values for imported ammunition; VR2087/2026
  • Honda Pakistan achieves 70% surge in annual car production
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