Business News

Karachi: In a striking development, Sazgar Engineering (SAZEW) has revised its earnings projections for the fiscal year 2027 upwards by a significant 61%, signaling a positive outlook for the automotive manufacturer. The change comes after the company...

Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...

Karachi: In a dramatic turn of events, the foreign exchange rates have shown a significant rise, with the British Pound Sterling (GBP) reaching unprecedented levels. According to the Exchange Companies Association of Pakistan, the GBP surged to 382.67...

Lahore: inDrive, a prominent global mobility service, has declared an ambitious commitment to distribute 15,000 helmets nationwide, marking a significant step towards enhancing road safety in Pakistan. This initiative, launched in partnership with the...

Lahore: Vivo has officially launched the much-anticipated vivo V60 smartphone across Pakistan, now available both in physical stores and online. This state-of-the-art device, co-engineered with ZEISS, is designed for users who aspire to capture outsta...

Karachi: In a recent announcement, The Pakistan Credit Rating Agency Limited (PACRA) upheld the stability rating of the ABL Islamic Sovereign Fund (ABL ISF), noting the fund's continued adherence to its medium-risk strategy. Despite its strong perform...

Karachi: The currency market in Pakistan witnessed a notable surge as the US Dollar soared to unprecedented levels in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP). As of Septembe...