Business News

Karachi: The automotive industry is witnessing a notable shift in earnings, with INDU expecting significant growth while HCAR faces a decline in profitability. INDU's anticipated earnings for the third quarter of the fiscal year 2025 are projected to ...

Karachi: Gold prices in Pakistan saw a significant increase on Tuesday, reflecting a broader trend in the international market. According to the All Pakistan Sarafa Gems and Jewellers Association, the price for one tola of 24 karat gold rose by Rs. 5,...

Beijing: The International Olympic Committee (IOC) and technology company TCL have announced a long-term partnership extending to 2032, aimed at enhancing the experience of the Olympic and Paralympic Games for fans and athletes. TCL will provide digit...

Karachi: VIS Credit Rating Company Ltd. has reaffirmed the Broker Fiduciary Rating of Darson Securities (Private) Limited at BFR3+, signifying the company's good fiduciary standards. The outlook remains stable, as announced in the previous rating acti...

Karachi: The State Bank of Pakistan released the latest figures for treasury bill rates on Tuesday, providing updated bid and offer values for various tenors ranging from one week to one year. These rates are crucial indicators for the country's finan...

Karachi: The State Bank of Pakistan has released the latest figures for the weighted average customer exchange rates as of April 22, 2025. The data includes buying and selling rates for a range of currencies, providing insight into the current state o...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Umar Spinning Mills Private Limited at 'BBB+/A2', indicating adequate credit quality and good likelihood of timely repayment of short-term obligations. The outlook remain...