Business News

Karachi: The stock market experienced a modest uptick on Thursday, with the KSE30 and KSE100 indices posting gains over the previous trading session. The KSE30 index rose by 145.67 points, reaching 46,499.67, while the KSE100 index increased by 463.85...

Karachi: In a bid to modernize customs operations and enhance trade efficiency, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed strong support for the Faceless Customs Assessment (FCA) system. The initiative aims to ...

Karachi: United Bank Limited (UBL) recently held a corporate briefing, revealing significant financial growth and strategic initiatives. The bank announced a remarkable 103% increase in profit after tax, reaching Rs28.6 billion, and declared an EPS of...

Karachi: The National Bank of Pakistan (NBP) hosted a significant program at its Head Office in Karachi to observe Eid Milad-un-Nabi, a day cherished by Muslims worldwide as it marks the birth of the Holy Prophet Muhammad (PBUH). The event underscored...

Karachi: Zubair Tufail, President of the United Business Group and former head of the Federation of Pakistan Chambers of Commerce and Industry, has called for stringent measures by the government to tackle hoarding and profiteering in light of the esc...

Karachi: The KSE-100 Index, a key benchmark of the Pakistan Stock Exchange, surged to an all-time high, closing at 152,202 points on Thursday. This rise, fueled by a 1,226-point increase day-over-day, reflects ongoing bullish momentum despite a slight...

Karachi: The State Bank of Pakistan released current Karachi Interbank Offered Rates (KIBOR) for various tenors, indicating stable short-term interest rates. These rates, which serve as a benchmark for lending between banks, showed little fluctuation ...