Karachi: Oil Marketing Companies (OMC) in Pakistan experienced a 5% year-on-year increase in volumes for March 2025, according to the latest report. This growth comes amid a 7% month-on-month rise, with total volumes reaching 1.22 million tons. Duri...
Read More »Vivo V50 Lite Set to Capture Attention with Promising Features
SHENZHEN: Vivo is preparing to make a significant impact in the smartphone market with the anticipated release of the vivo V50 Lite, a device that promises to deliver a comprehensive set of features for users seeking versatility. The upcoming smartpho...
Read More »Currency Exchange Rates Remain Stable in Pakistan
Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the latest foreign currency exchange rates for the Pakistani market. According to the data, the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal hav...
Read More »Business Leader Urges Government to Cut Fuel Prices Amid Global Decline
Karachi: Zubair Tufail, President of the United Business Group, has called on the government to significantly reduce petrol and diesel prices, citing a 12% drop in global oil prices over the past ten days. The current price of crude oil stands at $61....
Read More »Exchange Rates for Mark to Market Revaluation Released by State Bank
The State Bank of Pakistan has unveiled the latest exchange rates for the Mark to Market revaluation, providing insights into currency values for authorized dealers in foreign exchange as of April 3, 2025. The US Dollar is set at 280.5602 in the re...
Read More »PACRA Reaffirms Rating for First Capital Investments Amid Modest Gains
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the asset manager rating of First Capital Investments Limited at AM4++ with a stable outlook. This decision underscores the company's modest market presence and a limited fund po...
Read More »LCCI Commends PM for Electricity Price Cut Benefiting Industries and Households
Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has praised Prime Minister Shahbaz Sharif for his decision to reduce electricity prices, viewing it as a significant move toward economic revival and providing relief to consumers. The reducti...
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