Business News

Karachi: Auto sales in Pakistan are projected to keep up their year-over-year growth streak for the 11th straight month, with key industry players forecasted to report a significant increase in sales. Pak Suzuki Motor Company, Indus Motors Ltd, and Ho...

Karachi: Gold prices across Pakistan remained unchanged on Monday, reflecting a period of stability in the global precious metals market. According to All Pakistan Sarafa Gems and Jewellers Association, the rate for one tola of 24-carat gold stood a...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Naveena Industries Limited ('NIL') at 'A-/A2'. The medium to long-term rating of 'A-' suggests good credit quality with adequate protection factors, while the short-term r...

Karachi: The State Bank of Pakistan (SBP) has opted to maintain the policy rate at 12.0% as announced in its latest monetary policy statement. Although inflation has shown signs of easing, core inflation remains high, and pressures on the external acc...

Karachi: New data from the Exchange Companies Association of Pakistan (ECAP) reveals a notable increase in foreign currency exchange rates against the Pakistani Rupee. The figures, released on March 8, 2025, show upward trends across multiple currenci...

Karachi: Mr. Atif Ikram Sheikh, President FPCCI, expressed dissatisfaction with Pakistan's current monetary policy, following the State Bank of Pakistan's (SBP) modest reduction of 100 basis points in its latest Monetary Policy Committee (MPC) meeting...

Karachi: The Pakistan Stock Exchange (PSX) recently hosted a delegation from Iraq’s Scientific Foundation for Financial Transactions (SFFT Iraq), aiming to explore collaboration opportunities in Islamic finance and enhance the Islamic capital markets ...