A stockbroker walks past share prices on a digital board during a trading session at the Pakistan Stock Exchange in Karachi on April 8, 2026. — AFPKARACHI: The Pakistan Stock Exchange staged a sharp rally on Wednesday, with the benchmark index gaining nearly 7,000…
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India approves $816 million rare earth permanent magnets manufacturing programme
Representational image of a piece of rare earth ore at a museum in Baotou, north China’s Inner Mongolia Autonomous Region. — Xinhua
India has approved a 72.8 billion rupees rare earth permanent magnets manufacturing programme, the information minister said, in an effort to cut…
Two firms acquire 56% interest in Pearl Continental Hotels for over Rs12bn
An outside view of PC Hotel building in Karachi. — PC Hotels website/FileDawood Jan Muhammad acquires 9,107,800 for over Rs6.3bn.AKD Holding gets 9,089,651 shares of Pakistan Services Limited.PSL’s shares acquired by two entities at the rate of Rs700 per share.
Pakistan’s solar boom limits exposure to Middle East energy turmoil
An employee arranges a solar panel during a marketing demonstration in a park in Islamabad. — AFP/FileSolar may save another $6.3bn by 2026.Fossil-fuel imports fall 40% since 2022.Solar panel imports top 51GW by 2026.
Pakistan’s rapid solar expansion has already avoided more than…