Islamabad: In a significant development towards alleviating the circular debt crisis in Pakistan's energy sector, the Oil and Gas Development Company Limited (OGDCL) has secured the third installment of interest payment from Power Holding (Private) Li...
Read More »Nishat Mills Earnings Disappoint: Lower Sales and Higher Taxes Impact Profits
Lahore: Nishat Mills Limited (NML) reported a less-than-expected financial performance for the fourth quarter of fiscal year 2025, with earnings per share (EPS) at Rs3.34. This marks a 15% increase year-on-year, but falls short of industry predictions...
Read More »inDrive’s Helmet Initiative Spotlights Urgent Road Safety Needs Across Pakistan
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...
Read More »Kibor rates signal economic volatility amid financial uncertainties
Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown significant fluctuations across various tenors, indicating a wave of economic uncertainty. As per the data released by the State Bank of Pakistan on September 30, 2025, the rates have exper...
Read More »Mian Zahid Hussain Calls for Major Logistics Overhaul, Urges National Logistics Authority to Boost Exports
Karachi: In a bid to address the critical challenges facing Pakistan's export sector, Mian Zahid Hussain, a prominent business leader and former provincial minister, has pinpointed the nation's logistics domain as a significant structural impediment t...
Read More »PSX Hits Record High as Market Capitalization Soars
Karachi: In an unprecedented surge, the Pakistan Stock Exchange (PSX) reached a milestone, hitting a 52-week high with an index level of 50,271.69 and a market capitalization of Rs 19,162.20 billion. This remarkable achievement underscores the robust ...
Read More »Pakistan Market: Technical Outlook
Karachi: The Karachi Stock Exchange (KSE-100) index soared to unprecedented heights, closing at a remarkable 162,257 points, marking a significant leap of 2,977 points day-over-day. This bullish trend signals a robust market performance, with trading ...
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