Business - Geo News https://www.geo.tv/ Latest Business news and updates from Geo.tv Tue, 26 May 2026 20:09:09 +05:00 en-US <![CDATA[Aurangzeb to lead panel on OMCs' Rs72bn windfall profits]]> ]]> <![CDATA[Crude oil rises as US-Iran peace hopes offset by fresh Centcom strikes in Middle East]]> ]]> <![CDATA[QatarEnergy extends force majeure until mid-August, says Italy's Edison ]]> ]]>

Edison holds a long-term contract with QatarEnergy. 17 LNG cargoes scheduled for delivery...]]> <![CDATA[PSX rises as oil retreats on US-Iran peace hopes]]> ]]> <![CDATA[Oil slips to two-week low as US and Iran seen moving closer to deal]]> ]]> LONDON: Oil prices fell more than 4% to...]]> <![CDATA[PM invites Chinese firms to relocate industries to Pakistan under 'win-win' partnership model]]> ]]> ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday invited...]]> <![CDATA[Budget 2026-27: Will we ever have a people's budget? ]]> ]]> Every year, when June approaches, the country’s ruling elites begin rehearsing a familiar ritual. International Monetary Fund teams descend on Islamabad, the Ministry of Finance starts speaking the language of “stabilisation”, the Federal Board of Revenue sharpens...]]> <![CDATA[Govt cuts petrol price by Rs6, diesel Rs6.80 per litre]]> ]]> The federal government has...]]> <![CDATA[Govt alerts power consumers over fake subsidy links, QR code scams]]> ]]> <![CDATA[SBP to launch special coin marking 75 years of Pakistan-China ties]]> ]]> The federal government has decided to issue a commemorative Rs75 coin to mark the 75th anniversary of diplomatic...]]> <![CDATA[Oil falls, stocks climb as investors hope for progress in US-Iran talks]]> ]]> Oil...]]> <![CDATA[PSX extends gains on Middle East peace hopes]]> ]]>

KSE-100 Index closed at 168,514.44, up 3,683.02 points, or 2.23%.Index hit intraday high of 168,869.18, up 4,037.76 points, or 2.45%.Index recorded a low of...]]> <![CDATA[IMF wraps up visit as Pakistan pledges fiscal discipline with 2% of GDP primary surplus target]]> ]]> <![CDATA[Oil tumbles more than $5 on US-Iran deal optimism and easing supply fears]]> ]]> <![CDATA[Budget 2026-27: Fiscal turnaround or statistical illusion?]]> ]]> The recently issued Mid-Year Budget Review for fiscal year 2025-26 projects what at first glance appears to be a remarkable improvement in Pakistan’s fiscal position.

The headline numbers show that during July-December 2025, the consolidated fiscal balance moved from...]]> <![CDATA[Pakistan reopens offshore oil, gas exploration frontier after nearly two decades]]> ]]> <![CDATA[Pakistan, IMF broadly agree on macroeconomic framework]]> ]]> ISLAMABAD: Pakistan and the...]]> <![CDATA[PSX rebounds as oil eases on US-Iran diplomacy hopes]]> ]]>

KSE-100 Index closed at 162,896.68, up 1,091.66 points, or 0.67%.Index hit intraday high of 164,309.64, up 2,504.62 points, or 1.55%.Index...]]> <![CDATA[Asian shares mixed, bonds recover as oil eases on Trump's Iran comments]]> ]]> <![CDATA[Govt says no electricity tariff hike in June due to 'effective policy measures']]> ]]>