General Business News

Karachi: Muhammad Ikram Rajput has officially stepped into his role as the new President of the Korangi Association of Trade and Industry (KATI), joined by Senior Vice President Zahid Hameed and Vice President Muhammad Talha. In his inaugural address,...

Karachi: The stock market opened the month on a positive note as the KSE indices showed modest gains, driven by a significant increase in turnover. The Karachi Stock Exchange's KSE30 index rose marginally by 49.83 points, closing at 51,036.66, while t...

Karachi: Pakistan's foreign exchange market is experiencing unprecedented fluctuations, with the U.S. Dollar and Euro rates reaching new heights. According to the Exchange Companies Association of Pakistan, the USD closed at 282.35, while the Euro sur...

Karachi: In a move likely to increase the financial burden on citizens, the government has raised petrol and diesel prices by Rs4 amid ongoing economic challenges exacerbated by recent devastating floods. These natural disasters have inflicted losses ...

Karachi: The Pakistan cement industry is currently experiencing a significant shift in its valuation metrics, sparking interest among investors and analysts alike. With an enterprise value (EV) per ton standing at US$55.6, the sector presents an intri...

Islamabad: The Karachi Stock Exchange (KSE)-100 index has once again demonstrated its upward momentum, closing at a promising 165,494, marking an impressive gain of 1,646 points day-over-day. This bullish trend was underpinned by trading volumes reach...

Karachi: In a significant breakthrough for Pakistan's energy sector, the Oil and Gas Development Company Ltd (OGDC) has announced a major discovery of oil and gas at the Bitrism East-1 well in District Khairpur, Sindh. The exploratory well, which w...