General Business News

Karachi: A significant development in the advancement of Islamic banking in Pakistan was marked as the Irfan Siddiqui Center for Advancement of Islamic Finance was inaugurated at the National Institute of Public Administration (NIPA). This initiative ...

Karachi: Pakistan's economy is showing signs of recovery, with inflation rates cooling and a current account surplus emerging, according to Mian Zahid Hussain, a prominent business leader. However, he warned that structural issues and climate-induced ...

Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates for major currencies, highlighting slight fluctuations in buying and selling rates. The figures reflect the ongoing dynamics in the foreign exchange marke...

Karachi: The Pakistan Stock Exchange witnessed declines in its key indices on Friday, with both the KSE30 and KSE100 recording losses in their values. The KSE30 index fell by 143.72 points to close at 52,413.79, while the KSE100 index saw a more signi...

Karachi: The stock market maintained its upward trajectory this week, spurred by investor confidence following an unexpected 50 basis points rate cut by the State Bank of Pakistan (SBP). The central bank's decision, announced during the Monetary Polic...

Karachi: The Pakistan Stock Exchange (PSX) marked a significant milestone as the KSE100 Index climbed to an all-time high of 171,960.66 points. This surge, reflecting a 0.97% increase day-on-day, highlights the market's robust performance in recent mo...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Multinet Pakistan (Private) Limited’s digital infrastructure loan facility, structured at PKR 2,100 million but scaled down to PKR 1,038 million. This adjustment ...