General Business News

Karachi: The Pakistani Rupee has taken another hit as it continues its downward spiral against major global currencies, casting a shadow over the nation's economic stability. The Exchange Companies Association of Pakistan (ECAP) reported that the loca...

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...

Islamabad: Indus Motor Company (INDU) reported a 48% year-on-year increase in profit for the fiscal year 2025, reaching Rs23 billion (earnings per share of Rs292.74). However, the financial outcomes fell slightly below market forecasts. For the four...

Karachi: The State Bank of Pakistan has released new financial data reflecting the ceilings and floors for institutional transactions as of August 29, 2025. The data shows a ceiling amount of 2,000 with one institution involved, while the floor amount...

Karachi: The Karachi Interbank Offered Rate (KIBOR) remained stable across various tenors, reflecting a steady economic environment despite ongoing uncertainties. The State Bank of Pakistan released the latest rates, which showed minimal fluctuations ...

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...