Trading at Pakistan’s stock exchange was suspended for an hour after the KSE-100 share index surged by 8.84% during early trading hours. (AI image) India-Pakistan ceasefire impact: The Pakistan stock market’s key indicator, the Karachi 100 (KSE 100) index, surged by more than 9% as trading commenced on Monday, following the Pakistani military’s weekend call…
MUMBAI: Sebi has observed that individuals’ activity on index options in the derivatives segment has not declined as much as expected, and it will re-examine this activity and take further actions if required, sources said on Sunday.The capital markets regulator examined activity in index options between Dec 2024 and March 2025 and found that while…
Gold prices remained volatile throughout last week, influenced by a mix of economic signals. (AI image) Gold price prediction today: What’s the outlook for goldprices in the week starting May 12, 2025? Gold prices have experienced recent declines following their historic peak levels. Investors interested in gold should monitor international indicators and develop appropriate investment…
Stocks across Asia surged on Monday as investors’ sentiments were boosted by signs of easing tensions between the United States and China after a weekend of high-level trade talks.Benchmark indexes in Japan and South Korea edged higher in early morning trading, while US futures pointed to a strong start on Wall Street, with the S&P…
CII President and ITC Ltd. Chairman & Managing Director Sanjiv Puri (PTI file photo) CII president and ITC chairman and MD Sanjiv Puri says lowering tariffs through trade agreements must be accompanied with domestic reforms to boost competitiveness. He also argues that GST rationalisation and further rate cuts will stimulate demand. Excerpts:What will be your…
Saudi Arabia’s oil giant, Aramco, has reported a 4.6% decline in its first-quarter profits, weighed down by falling global oil prices, which have pressurised the country’s ambitious multi-trillion-dollar development plans.The company posted $26 billion in net profit for the quarter ending March against the $27.2 billion earned during the same period last year. However, the…
India’s GDP is projected to grow at 6.5 per cent in the current fiscal year, with the economy resilient enough to withstand short-term geopolitical disruptions, CII President Sanjiv Puri has said. Speaking to PTI, he emphasised the need for India to strengthen its trade position by pursuing bilateral agreements, especially amid the rising trend of…
Godrej Properties is set to launch residential projects worth Rs 40,000 crore in the financial year 2025-26 as part of its strategy to expand operations and boost its market share. The company aims to maintain its position as the top listed real estate developer in terms of sales bookings, according to Executive Chairperson Pirojsha Godrej.In…
Faced with deposit growth challenges, Canara Bank launched a unique internal campaign by asking each of its 82,000 employees to contribute towards deposit mobilisation. Resultantly, the bank collected Rs 16,700 crore within just ten weeks, a top official has said.The initiative began on January 26, 2024, amid a system-wide slowdown in deposit accretion. The bank’s…
The Indian stock market is expected to take cues from recent geopolitical developments, macroeconomic data releases, and corporate earnings this week, analysts said on Saturday.A key factor influencing investor sentiment will be the recent agreement between India and Pakistan to halt all military actions across land, air, and sea following days of intense cross-border drone…
