Karachi: The Korangi Association of Trade and Industry (KATI) has welcomed the recent announcement of a fixed electricity rate of Rs. 38 per unit, inclusive of all taxes, for Karachi's industrial sector for May 2025. The decision was described by Juna...
Read More »Banking on Change: Insights from Zulfiqar Ali Lehri on Retail Banking’s Future
Karachi: Zulfiqar Ali Lehri, Group Head of Retail Banking at Bank Islami Pakistan Limited, recently discussed the evolving landscape of retail banking in Pakistan during an episode of the 'Let's Talk' podcast by IBA TODAY. Lehri provided his insights ...
Read More »Pakistan Awards Petroleum Exploration Rights to Key Energy Firms
Islamabad: The Government of Pakistan has provisionally granted petroleum exploration rights over seven new blocks to Oil and Gas Development Company Limited (OGDCL) and its joint venture partners. This decision follows a competitive bidding round con...
Read More »PTC Reports Revenue Growth but Finance Costs Weigh on Profits
Islamabad: Pakistan Telecommunication Company Limited (PTC) hosted an Analyst Briefing to discuss its recent financial performance and future outlook. The company reported a 16% year-on-year revenue growth for the calendar year 2024 and a 22% increase...
Read More »Market Moves: Pakistan Stock Exchange Witnesses Mixed Performance
Karachi: The Pakistan Stock Exchange (PSX) experienced a mixed trading session as key indices, KSE30 and KSE100, exhibited slight declines amidst fluctuations in market activities. The KSE30 index fell by 7.94 points to close at 36,293.72, while the K...
Read More »PCJCCI and Daroghawala Industry Leaders Seek Auto Parts Collaboration
Lahore: In a significant move to enhance cooperation in the auto parts sector, the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) hosted a delegation from the Daroghawala Industry Owner Association, led by the Bani Group, at its secret...
Read More »PTCL Reports Strong Revenue Growth Amid Strategic Expansion Efforts
Karachi: Pakistan Telecommunication Company Ltd. (PTCL) announced a robust 16% increase in revenue for the calendar year 2024, reaching PkR220 billion, up from PkR189 billion in the same period last year. This growth was fueled by notable performances...
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