General Business News

Karachi: Key figures from the United Business Group, including its president, Zubair F. Tufail, and former senior vice president of FPCCI, Mazhar Ali Nasir, have called on the Monetary Policy Committee of the State Bank of Pakistan to cut interest rat...

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Islamabad: The latest addition to vivo's smartphone lineup, the V40e 5G, is now available in Pakistan, featuring advanced technology packaged in an elegant design. The smartphone stands out with its ultra-slim 3D curved display, enhanced battery life,...

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Karachi: The KSE-100 index showed a notable increase of over 865 points this past week, concluding at 90,860, demonstrating a 1% growth week-over-week. This positive movement contrasts with a 17% decline in average trading volumes, which stood at 559 ...

The post KSE-100 Index Sees Significant Gain Amid Positive Economic Indicators appeared first on Pakistan Business News.

Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed the business community's disappointment with the current monetary policy, highlighting a significant premium on the policy...

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Karachi: Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), has called on the State Bank of Pakistan to significantly reduce the policy rate by 300 to 500 basis points in the upcoming Monetary Policy Committee (M...

The post Karachi Chamber President Calls for Major Rate Cut to Boost Economic Growth appeared first on Pakistan Business News.

Karachi: The Karachi Stock Exchange (KSE-100) experienced a significant decline yesterday, losing 1,320 points to close at 88,967, with trading volume reaching 546 million shares. Market activity was predominantly focused in the sectors of banking, po...

The post KSE-100 Tumbles Amid Varied Economic Indicators; Policy Adjustments and Market Movements Noted appeared first on Pakistan Business News.

Lahore: MCB Limited presented its financial results for the first nine months of 2024, detailing a 9.8% year-over-year increase in profits to PkR48.6 billion. This growth was driven primarily by a rise in Net Mark-up Income and Non-Interest Income, de...

The post MCB Bank Reports 9.8% Profit Growth Amid Rising Non-Interest Income and Deposit Milestones appeared first on Pakistan Business News.