General Business News

Karachi: The National Bank of Pakistan (NBP) announced a remarkable financial performance for the first half of the calendar year 2025, reporting an unconsolidated profit of PkR43.5 billion, a substantial increase compared to the previous year. This s...

Karachi: The currency exchange rates released by the Exchange Companies Association of Pakistan on Monday indicate minor fluctuations in the value of major foreign currencies against the Pakistani Rupee. The United States Dollar (USD) maintained stabi...

Karachi: President of the United Business Group (UBG), Zubair Tufail, has called on the State Bank of Pakistan (SBP) to reduce the policy rate to single digits in the upcoming monetary policy announcement scheduled for September 15. In a statement ...

Karachi: Pakistan's stock market witnessed a significant surge as the KSE100 Index reached a new all-time high, closing at 156,087.31 points, reflecting a robust increase of 1.17 percent from the previous day. This rally was driven by strong performan...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the latest foreign currency exchange rates on Friday. According to the data, the US dollar is being bought at 282.25 and sold at 283.00 in the open market. The euro is listed w...

LAHORE: Responding to the catastrophic flooding in Pakistan, Nestle Pakistan, in partnership with several key players in the dairy industry, has donated 200,000 glasses of NESTLE MILKPAK to aid those affected. This initiative, in collaboration with th...

Karachi: Pakistan's cement industry is poised for growth as demand is expected to rise, driven by improving economic conditions and easing monetary policy, according to a recent analysis by JS Global. The firm has reiterated its "Overweight" stance on...