A labourer pulls a cart loaded with supplies to deliver to a nearby market in Karachi on May 24, 2023. — ReutersThe government has finally constituted the 11th National Finance Commission to come up with a new NFC Award to replace the 7th NFC Award, which was agreed to in May of…
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Gold rushes to record high above $5,000/oz

A one-kilogram gold bar and a sealed gold coin are displayed at a jewellery store, in Dubai, United Arab Emirates, January 20, 2026. — ReutersSpot gold rises 0.94% to $5,029 per ounce Monday evening.US gold futures climb 1.02%, reflecting investor demand for safety.Silver jumps 1.85%,…
Flood-hit India, Pakistan face rising basmati prices amid crop losses

Residents stand at an embankment as they wait to be rescued from a flooded area, following monsoon rains and rising water levels of the Chenab River, in Jalalpur Pirwala, Punjab province, Pakistan, September 8, 2025. — Reuters
Heavy rains and widespread flooding in basmati…
Dollar slide raises new risks for Pakistan’s external debt burden

The representational image shows US dollars. — AFP/FileDollar weakness could inflate debt-to-GDP ratio quickly.Loans dominate debt mix, with 56% multilateral or bilateral.External debt rose in June, dipped by September.
ISLAMABAD: As the US dollar risks weakening against other major…




