General Business News

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 ...

Islamabad: inDrive, an international mobility and urban services platform, has teamed up with Qist Bazaar to provide exclusive price reductions on a variety of essential goods for its drivers throughout Pakistan. This program demonstrates inDrive's de...

Karachi: Allied Limited (ABL) presented its 1HCY25 financial results during an analyst briefing, revealing a 26% year-on-year decrease in profits to PkR17.5 billion. The decline comes as a result of a contraction in net mark-up income and rising opera...

Islamabad: inDrive, an international mobility and urban services platform, has teamed up with Qist Bazaar to provide exclusive price reductions on a variety of essential goods for its drivers throughout Pakistan. This program demonstrates inDrive's de...

Islamabad: The Pakistan Stock Exchange (PSX) experienced a significant drop yesterday, with the KSE-100 index plummeting 678 points to close at 148,815. Trading volume reached 692 million shares. GADT, YOUW, and PABC led gains while AIRLINK, BNWM, and...