KARACHI: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has expressed significant concern regarding the widening trade deficit, which he claims poses a major threat to the country's economic stability. The trade deficit for t...
Read More »Pakistani Auto Industry Revs Up as September Sales Surge
Karachi: Pakistan's automotive sector experienced a significant increase in sales during September 2025, with total industry sales soaring to 18,788 units, marking a 61 percent year-on-year rise. This growth was driven largely by a 67 percent increase...
Read More »KATI Rejects Gas Levy, Citing Flawed Cost Analysis
KARACHI: The Korangi Association of Trade and Industry (KATI) has firmly rejected the proposed Gas Transition Levy on captive power consumers, criticizing it as unjustified and based on flawed cost estimates. The association's president, Mohammad Ikra...
Read More »PABC’s Earnings Rise Yet Outlook Remains Cautious
Karachi: PABC is poised to report a significant increase in earnings per share (EPS) for the third quarter of the calendar year 2025, with a projected 13% year-on-year rise to Rs5.33. This brings the EPS for the first nine months of 2025 to an estimat...
Read More »Pakistan Banking Sector Predicts Modest Earnings Growth with Market Weight Stance
Karachi: The banking sector in Pakistan is poised for a modest growth in earnings for the third quarter of 2025, according to a recent analysis. The Topline Banking Universe is projected to see a 2% year-on-year increase in earnings, driven primarily ...
Read More »LCCI Praises Armed Forces’ Response to Cross-Border Terrorism
Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has commended the swift response of Pakistan's Armed Forces to acts of terrorism allegedly sponsored by India, as well as the targeting of terrorist hideouts across the border in Afghanistan. ...
Read More »Pakistani Stock Market Declines as Key Indices Fall
Karachi: The Pakistan Stock Exchange (PSX) saw a significant downturn today, with its primary indices, the KSE-30 and KSE-100, experiencing notable declines. The KSE-100 index fell by 4,654.77 points, a decrease of 2.85%, while the KSE-30 index droppe...
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