Karachi: In a striking development for the oil marketing sector, the latest figures reveal a notable increase in overall sales despite a substantial decline in furnace oil demand. The Oil Marketing Companies (OMC) reported a 7% year-on-year rise in Au…

Karachi: A dramatic shift in currency exchange rates is sending ripples through financial markets, as the Exchange Companies Association of Pakistan reports notable fluctuations in various foreign currencies against the Pakistani Rupee. The most alarm…

Islamabad: Pakistan’s Oil Marketing Companies (OMCs) have reported a notable 7% year-on-year increase in sales for August 2025, reaching 1.3 million tons. This growth, complemented by a 6% rise compared to the previous month, signals a gradual economi…

Karachi: The Central Depository Company of Pakistan (CDC) has onboarded Arif Habib Limited to its RAAST Aggregator Platform, marking a significant advancement in enabling secure, instant fund transfers for investors. This strategic integration, suppor…

Islamabad: Pakistan’s fertilizer industry witnessed a significant upturn in August 2025, with urea sales surging by an impressive 46% year-on-year and 34% month-on-month. The sales volume reached an estimated 816,000 tons, driven primarily by sustaine…

Karachi: Despite a challenging interest rate environment, Pakistan’s listed banks have reported a remarkable surge in profitability, reaching Rs168 billion, marking a 22% increase year-on-year (YoY) and a 3% rise quarter-on-quarter (QoQ) in the second…

Islamabad: Pakistan’s cement industry is poised for a promising phase of expansion as the nation gears up for economic recovery. With an anticipated rise in construction demand driven by stabilizing macroeconomic factors, including reduced interest ra…

Lahore: When I picked up the Infinix HOT 60 Pro, I was focused on design, screen, and performance. What I didn’t expect was the biggest surprise of all—5 years of updates. That completely changed the way I see my phone.

I’ve never been the type to c…

Karachi: The Chairman of Pakistan Chemicals and Dyes Merchants Association (PCDMA), Salim Valimuhammad, has strongly criticized the Federal Board of Revenue (FBR) for the sudden rollout of the e-invoicing system, calling it premature, impractical, and…