General Business News

Karachi: Pakistan Petroleum Limited (PPL) reported a decrease in its earnings for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling 15% year over year to Rs7.38. The decline was primarily attributed to reduced hydrocarbo...

Karachi: The President of the United Business Group, Zubair Tufail, has voiced strong criticism against the State Bank of Pakistan's decision to maintain its policy interest rate at 11 percent, describing it as a significant barrier to the expansion o...

Karachi: Oil and Gas Development Company (OGDC) has reported a decline in its financial performance for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling to Rs8.91. This marks a 7% year-on-year decrease and a 5% drop fro...

Karachi: The Karachi Stock Exchange 100 Index saw a continued decline, closing at 158,465, a drop of 1,636 points. The volume of shares traded fell to 952 million from the previous 1,019 million. The index's dip below the 50-day moving average (DMA) s...

Islamabad: Fauji Fertilizer Limited (FFC) held a corporate briefing today to discuss its financial performance and future plans, highlighting significant growth and strategic initiatives. The company reported a 14% year-over-year increase in earnings,...

Islamabad: PTCL Group and GSMA have entered into a long-term Memorandum of Understanding at GITEX Global 2025 to advance application programming interfaces (APIs) through the GSMA Open Gateway initiative. This collaboration aims to facilitate seamless...

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), revealing minor fluctuations across various tenors as of October 29, 2025. The data, sourced from Refinitiv, provides insights into the country's lend...