Business

Karachi: The HBL Pakistan Manufacturing PMI has shown a slight decline, dropping to 50.1 in August from 50.5 in July, marking the lowest point since the inception of the series. Developed by S and P Global, the index provides an early indication of in...

Karachi: A dramatic shift in currency exchange rates is sending ripples through financial markets, as the Exchange Companies Association of Pakistan reports notable fluctuations in various foreign currencies against the Pakistani Rupee. The most alarm...

Islamabad: Pakistan's Oil Marketing Companies (OMCs) have reported a notable 7% year-on-year increase in sales for August 2025, reaching 1.3 million tons. This growth, complemented by a 6% rise compared to the previous month, signals a gradual economi...

Karachi: The Exchange Companies Association of Pakistan has released the latest foreign currency exchange rates, indicating minor fluctuations across several currencies. The data, reflecting the rates as of September 1, 2025, shows a steady trend in t...

Islamabad: In a significant development aimed at ensuring a smoother pilgrimage experience, Bank Al Habib has announced the availability of dedicated support for Hajj 2026 pilgrims. Mr. Asad Shahzad Khan from the Hajj Cell of Bank AL Habib will be on ...

Karachi: The State Bank of Pakistan (SBP) has disclosed a significant surge in its overnight repo facility figures, with a staggering Rs. 124,900 million being accessed by financial institutions. This development underscores a pressing liquidity requi...

Karachi: The State Bank of Pakistan has stirred the financial sector by setting an unexpected ceiling of 11,000 for a single institution, while imposing a floor amount of 124,900 for two institutions as of September 1, 2025. This decision comes at a t...