Islamabad: inDrive, a global mobility and services platform, has launched a new delivery service using rickshaws in Lahore and Karachi. The service aims to provide a cost-effective, fast, and reliable option for parcel deliveries, targeting both custo...
Read More »Pakistan Stock Market Sees Slight Decline Amid Mixed Performances
Karachi: The Pakistan Stock Exchange (PSX) saw a fractional dip on Monday as both the KSE30 and KSE100 indices recorded slight declines, reflecting a day of mixed performances among listed companies. The KSE100 index closed at 161,984.09 points, marki...
Read More »KCCI and DIG West Collaborate for Enhanced Security in Karachi
Karachi: In a strategic initiative to address the persistent security concerns in Karachi, a significant meeting took place between Irfan Baloch, Deputy Inspector General (DIG) West and Central, and Hafeez Aziz, Chief PCLC of the Karachi Chamber of Co...
Read More »Market Closes Lower Amid Volatile Trading Session
Karachi: The market experienced a volatile trading session, opening on a positive note but closing with a decline of 834 points at 162,103. The index reached an intraday high of 421 points and a low of 1,083 points before settling. Trading volumes inc...
Read More »OGDC Reports Decline in Sales Amid Lower Oil Prices and Production Challenges
Islamabad: The Oil & Gas Development Company Ltd (OGDC) reported a significant decrease in net sales for the fiscal year 2025, attributed to declining oil prices and forced production curtailments. The company’s net sales fell to PkR401 billion, m...
Read More »IMF Report Spurs Call for Anti-Corruption Reforms in Pakistan
Islamabad: Aman Pracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has raised concerns about the International Monetary Fund's (IMF) recent report highlighting systemic corruption in Pakistan's state instit...
Read More »Fecto Cement Reports Strong FY25 Profits Despite Decline in Early FY26 Earnings
Karachi: Fecto Cement Ltd. (FECTC) has reported a significant increase in its annual profits for the fiscal year 2025, despite a downturn in earnings in the first quarter of FY26. The company held an analyst briefing to discuss these financial outcome...
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