Business News

Lahore: The Water and Power Development Authority (WAPDA) has successfully consolidated its five sukuk issuances, worth PKR 52.8 billion, into a single instrument while retaining the top credit rating of "AAA" from The Pakistan Credit Rating Agency (P...

Karachi: Pakistan's Oil Marketing Companies (OMCs) recorded a remarkable increase in sales during September 2025, with volumes reaching 1.4 million tons. This marks an 8% rise year-on-year and a 5% increase month-on-month. The year-on-year growth was ...

Karachi: Pakistan's Consumer Price Index (CPI) for September 2025 rose to 5.6%, driven primarily by a significant increase in food prices, according to a recent report by JS Global. The rise in food inflation, up 5.0% year-on-year, was largely due to ...

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has expressed appreciation for the government's decision to extend the tax return filing deadline by 15 days. The move has been hailed as a significant relief for the business community and a ...

Karachi: Citi Pharma (CPHL) announced its financial results for the fourth quarter of fiscal year 2025, revealing steady earnings growth aligned with market expectations. The company recorded a net income of Rs214 million, reflecting a 41% year-on-yea...

Karachi: Cement dispatches in Pakistan have seen a notable increase, rising by 7% year-on-year to reach 4.3 million tons in September 2025. The growth is largely attributed to a 14% rise in local demand, according to an analysis by AKD Securities Limi...

Karachi: Pakistan's oil marketing companies (OMCs) have maintained a consistent upward trajectory in sales volume for the 13th consecutive month, with an 8% year-on-year and 5% month-on-month increase reported in September 2025. This growth is primari...