Karachi, January 19, 2026 – The death toll from the massive Gul Plaza fire in Karachi has risen to 14, while more than 60 people remain missing, as rescue teams continue their search for survivors, media reported on Monday. The blaze, which engulfed the multi-storey shopping mall in the city’s business district late on Saturday, burned for over 24 hours, hampering rescue efforts in the densely packed market area.
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Pakistan launches digital petrol pump system to curb fuel smuggling
Islamabad, January 19, 2026 – The Government of Pakistan has launched a nationwide campaign to digitalize petrol pumps and the petroleum supply chain as part of its comprehensive reform agenda. The initiative aims to prevent fuel smuggling, eliminate illegal sales, and protect the interests of authorized dealers, according to an official statement from the Ministry of Petroleum.
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Port Qasim Releases Daily Shipping Activity Report – January 19, 2026
Karachi, January 19, 2026 – The Port Qasim Authority (PQA) on Monday released its daily shipping activity report, providing updated information on vessel movements over the past 24 hours to assist traders, shipping agents, and stakeholders in the maritime and logistics sectors.
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Daily Gold and Silver Prices in Pakistan – January 19, 2026
Karachi, January 19, 2026 – The All Pakistan Sarafa Gems and Jewelers Association (APSGJ) on Monday released the daily updated gold and silver prices in Pakistan, providing essential information for traders, investors, and the general public. The latest rates show a continued upward trend in both local and international markets amid global economic uncertainty and rising demand for safe-haven assets.
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Pakistan gold prices hit record high of Rs489,362 per tola
Karachi, January 19, 2026 – Gold prices in Pakistan surged to an all-time high on Monday, reaching Rs489,362 per tola, driven by rising trends in international markets and geopolitical tensions.
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Foreign Direct Investment into Pakistan Plunges 43% in 1HFY26: SBP
Karachi, January 19, 2026 – The State Bank of Pakistan (SBP) reported a sharp decline in foreign direct investment (FDI), which fell by 43% during the first half (July–December) of fiscal year 2025-26 compared with the same period last year. FDI totaled $808 million in 1HFY26, down from $1.42 billion in 1HFY25, signaling a slowdown in investor confidence despite a strong performance in the country’s stock market.
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Pakistan’s current account deficit widens to $1.74 billion in 1HFY26: SBP
Karachi, January 19, 2026 – The State Bank of Pakistan (SBP) has reported a sharp increase in the country’s current account deficit, which surged to $1.74 billion during the first half (July–December) of fiscal year 2025-26. This represents a significant shift from a current account surplus of $957 million recorded in the same period last year.
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Procedure for Attachment and Sale of Movable Property by FBR Officials in 2026
Updated under Sales Tax Rules, 2006 (Tax Year 2026)
The Sales Tax Rules, 2006, as updated for tax year 2026, prescribe a comprehensive legal framework for the attachment and sale of movable property of sales tax defaulters by officials of the Federal Board of Revenue (FBR). These rules ensure due process, proportionality, and transparency in recovery proceedings.
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KSE-100 index jumps over 2,200 points in strong intraday rally
Karachi, January 19, 2026: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) opened the new trading week on a strong footing, posting a sharp intraday surge driven by aggressive buying across key sectors.
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Karachi temperature rises slightly ahead of expected showers
Islamabad, January 19, 2026: The temperature in Karachi, Pakistan’s financial and commercial hub, is gradually edging upward as the city braces for possible rainfall in the coming days.
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