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...
Read More »Currency Turmoil: USD and Euro Rates Soar in Pakistan
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...
Read More »Government Raises Fuel Prices Amid Flood-Induced Economic Challenges
Karachi: In a move likely to increase the financial burden on citizens, the government has raised petrol and diesel prices by Rs4 amid ongoing economic challenges exacerbated by recent devastating floods. These natural disasters have inflicted losses ...
Read More »Descon Oxychem and LUMS Forge Path for R and D Evolution
Karachi: In a landmark move set to redefine Pakistan's research landscape, Descon Oxychem Ltd. (DOL) has inked a pivotal agreement with the Lahore University of Management Sciences (LUMS) to spearhead a fully funded research and development initiative...
Read More »inDrive’s Helmet Initiative Spotlights Urgent Road Safety Needs Across Pakistan
Lahore: inDrive, a prominent global mobility service, has declared an ambitious commitment to distribute 15,000 helmets nationwide, marking a significant step towards enhancing road safety in Pakistan. This initiative, launched in partnership with the...
Read More »Pakistan Cement Sector Sees Record Profits Amid Lower Finance Costs
Islamabad: The cement industry in Pakistan has achieved unprecedented profitability as the financial year 2025 closed, buoyed by strong margins and decreased financial burdens. This remarkable performance is underscored by a 7% year-on-year growth in ...
Read More »Currency Market Faces Turbulence as US Dollar Peaks
Karachi: The currency market in Pakistan witnessed a notable surge as the US Dollar soared to unprecedented levels in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP). As of Septembe...
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