Business

Karachi: The State Bank of Pakistan has disclosed its most recent financial figures, revealing the ceiling and floor amounts for specific institutions as of April 10, 2025. According to the data, the ceiling amount stands at 15,700 with three insti...

Karachi: Currency rates in Pakistan showed slight fluctuations between April 9 and April 10, as reported by the Exchange Companies Association of Pakistan. The exchange rates for major currencies such as the US Dollar, Euro, and British Pound exhibite...

Karachi: VIS Credit Rating Company Limited has commenced a review of Fortune Securities Limited. The initiation of this review indicates that a rating evaluation process is underway, and VIS will announce a rating action once Fortune Securities has su...

Karachi: The State Bank of Pakistan released updated exchange rates for mark-to-market revaluation by authorized dealers in foreign exchange, highlighting fluctuations across major currencies. The data reveals varied adjustments in the dollar, euro, p...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Etihad Sugar Mills Limited, maintaining its status at 'A/A2', reflecting good credit quality and highlighting the company's ability to meet short-term obligations. The out...

Karachi: Lucky Investments Limited has made history by executing Pakistan's largest-ever mutual fund launch, raising over PKR 50 billion during the Initial Public Offering of its Lucky Islamic Money Market Fund. This unprecedented achievement surpasse...

Karachi: VIS Credit Rating Company Limited has announced the commencement of a review process for Transfopower Industries (Private) Limited. This review indicates that VIS is undertaking a comprehensive evaluation and will release a rating action once...