General Business News

Karachi: In a startling development, the Karachi Interbank Offered Rate (KIBOR) has witnessed a significant surge across various tenors, posing potential challenges for borrowers and investors alike. As of September 1, 2025, the KIBOR rates, released ...

Karachi: The State Bank of Pakistan has published the latest weighted average customer exchange rates for various currencies, providing crucial data for financial analysts and businesses engaged in international trade. The rates, issued by the Domesti...

Karachi: The stock market experienced notable fluctuations this week, primarily driven by the recent floods in Khyber Pakhtunkhwa and Punjab, as well as increasing political tensions. The KSE-100 index saw a decline of 870 points, or 0.59%, closing at...

Islamabad: Pakistan's annual inflation rate is projected to hold firm at 4.1% year-on-year in August 2025, according to AKD Securities Limited. This stability comes despite escalating costs across most sectors, offset by moderated increases in signifi...

Islamabad: Wafi Energy Pakistan Limited (WEPL) is considering venturing into the oil marketing sector, even as the firm reported a slightly lower profit after tax of PKR 1.28 billion for the first half of 2025 compared to PKR 1.32 billion during the s...

Islamabad: Indus Motor Company Limited (INDU) reported a 14% year-on-year increase in profit after tax (PAT) to PkR6.5 billion (earnings per share: PkR82.1) in the fourth quarter of fiscal year 2025, compared to PkR5.7 billion (EPS: PkR72.1) in the sa...

Islamabad: Engro Holdings Limited (ENGROH) reported a significant rise in earnings per share (EPS) to Rs29.54 during the first half of the fiscal year 2025, primarily driven by a Rs22.07 per share remeasurement gain on its thermal power facilities. Th...