General Business News

Delhi: Detection Technology, a prominent global provider of X-ray detector solutions, inaugurated a new service and production facility in Greater Delhi, marking a significant milestone in its international expansion strategy. The opening ceremony was...

Karachi: Exchange rates for several major currencies in Pakistan have experienced shifts, as reported by the Exchange Companies Association of Pakistan. The association's latest data shows variations in the buying and selling rates of prominent foreig...

Karachi: The International Monetary Fund (IMF) has completed its second review under the Extended Fund Facility (EFF) Arrangement and the first review under the Resilience and Sustainability Facility (RSF), unlocking $1.2 billion for Pakistan. The fun...

Islamabad: The International Monetary Fund's executive board has sanctioned a $1.2 billion disbursement for Pakistan following the second review under the Extended Fund Facility and the first review of the Resilience and Sustainability Facility. This ...

ISLAMABAD / KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI), under the leadership of President Atif Ikram Sheikh, launched a groundbreaking training initiative at the First Annual Conference on "Co-creating Pakistan's T...

Karachi: The State Bank of Pakistan (SBP) is anticipated to maintain its current interest rate at the upcoming Monetary Policy Committee (MPC) meeting, according to a recent survey conducted by Topline Securities. Scheduled for December 15, this meeti...

KARACHI: Pakistan's Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr...