Business News

Karachi: The State Bank of Pakistan released the latest exchange rates, revealing fluctuations in the buying and selling rates of major currencies against the Pakistani Rupee. The figures, as of September 16, 2025, show varying levels of changes in th...

Karachi: The State Bank of Pakistan released the latest exchange rates, revealing fluctuations in the buying and selling rates of major currencies against the Pakistani Rupee. The figures, as of September 16, 2025, show varying levels of changes in th...

Karachi: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, citing a weakened macroeconomic outlook due to ongoing floods. The bank’s Monetary Policy Committee (MPC) views this decision as crucial for ensuring price stabi...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) for September 16, 2025, indicating slight variations across different tenors. The data reveals that the bids and offers for short-term lending rates have e...

Islamabad: Multan witnessed the inauguration of Pakistan’s first female-led appliance service franchise by Dawlance, a prominent home appliance manufacturer and an Arcelik subsidiary. Australian High Commissioner Neil Hawkins visited the groundbreakin...

Islamabad: Millat Tractors Limited (MTL) reported a significant 38% year-on-year drop in its unconsolidated profit for the fiscal year 2025, reaching Rs6.4 billion (earnings per share of Rs31.94). This decline comes as tractor sales plummeted by 39% c...

Islamabad: Korangi Association of Trade and Industry (KATI) President Junaid Naqi expressed profound dissatisfaction with the State Bank of Pakistan's decision to hold the monetary policy rate at 11 percent, particularly given the record-low inflation...