Business

Karachi: Urea sales in Pakistan for September 2025 are anticipated to rise by 17% compared to the same month last year, reaching 428,000 tons, according to a recent report. This increase is attributed to a low base effect, despite a 48% decline from A...

Karachi: In a significant breakthrough for Pakistan's energy sector, the Oil and Gas Development Company Ltd (OGDC) has announced a major discovery of oil and gas at the Bitrism East-1 well in District Khairpur, Sindh. The exploratory well, which w...

Islamabad: In a groundbreaking development in Pakistan's telecommunications landscape, the Competition Commission of Pakistan (CCP) has sanctioned the acquisition of Telenor Pakistan by Pakistan Telecommunication Company Limited (PTCL). This pivotal a...

Islamabad: In a stark revelation, Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has highlighted a troubling increase in poverty, as reported by The World Bank. The report points to policy failures and the breakdown of an uns...

Karachi: Muhammad Ikram Rajput has officially stepped into his role as the new President of the Korangi Association of Trade and Industry (KATI), joined by Senior Vice President Zahid Hameed and Vice President Muhammad Talha. In his inaugural address,...

Karachi: The stock market opened the month on a positive note as the KSE indices showed modest gains, driven by a significant increase in turnover. The Karachi Stock Exchange's KSE30 index rose marginally by 49.83 points, closing at 51,036.66, while t...

Karachi: Pakistan's foreign exchange market is experiencing unprecedented fluctuations, with the U.S. Dollar and Euro rates reaching new heights. According to the Exchange Companies Association of Pakistan, the USD closed at 282.35, while the Euro sur...