Business

Karachi: In a dramatic turn of events, the US dollar surged to an unprecedented level against the Pakistani rupee, reaching a record high of 283.30 in the open market. This alarming spike has raised concerns about the nation's economic stability and i...

Karachi: A remarkable upswing has been observed in the urea market with August 2025 witnessing a record-breaking surge in sales, marking the highest figures for the month in eight years. Provisional data indicates that the urea off-take for August is ...

Karachi: In a remarkable trading session, the Karachi Stock Exchange witnessed substantial increases across its major indices, with the KSE100 index climbing 1,226.39 points, or 0.81%, to close at 152,201.88. This surge marks a notable achievement as ...

Karachi: The State Bank of Pakistan (SBP) reported the utilization of its overnight repo facility by a single institution on September 3, 2025, with a transaction involving Rs. 40,000 million. No activity was recorded for the SBP's overnight reverse r...

Islamabad: Pakistan's cement industry is poised for a promising phase of expansion as the nation gears up for economic recovery. With an anticipated rise in construction demand driven by stabilizing macroeconomic factors, including reduced interest ra...

Lahore: In a remarkable unveiling, vivo, the prominent global smartphone manufacturer, has launched its latest model, the Y400, in Pakistan. The launch is marked by the introduction of the phone's standout feature: its ability to perform underwater ph...

Karachi: The Chairman of Pakistan Chemicals and Dyes Merchants Association (PCDMA), Salim Valimuhammad, has strongly criticized the Federal Board of Revenue (FBR) for the sudden rollout of the e-invoicing system, calling it premature, impractical, and...