General Business News

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: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...

Karachi: In a landmark move set to redefine Pakistan's research landscape, Descon Oxychem Ltd. (DOL) has inked a pivotal agreement with the Lahore University of Management Sciences (LUMS) to spearhead a fully funded research and development initiative...

Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...

Islamabad: In a noteworthy development, the Pakistan Credit Rating Agency (PACRA) has decided to maintain the Insurer Financial Strength (IFS) rating of The United Insurance Company of Pakistan Limited at an impressive AA+. This decision comes on the ...

Karachi: In a remarkable turn of events, the US dollar has surged to a significant high against the Pakistani rupee, reflecting the underlying economic uncertainties gripping the domestic markets. According to the latest figures from the State Bank of...