Business

Karachi: The State Bank of Pakistan (SBP) has opted to maintain the policy rate at 12.0% as announced in its latest monetary policy statement. Although inflation has shown signs of easing, core inflation remains high, and pressures on the external acc...

Karachi: New data from the Exchange Companies Association of Pakistan (ECAP) reveals a notable increase in foreign currency exchange rates against the Pakistani Rupee. The figures, released on March 8, 2025, show upward trends across multiple currenci...

Karachi: The Pakistan Stock Exchange (PSX) recently hosted a delegation from Iraq’s Scientific Foundation for Financial Transactions (SFFT Iraq), aiming to explore collaboration opportunities in Islamic finance and enhance the Islamic capital markets ...

Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, reflecting minor adjustments in the value of various foreign currencies against the Pakistani Rupee. The report, issued on November 14, 2025, prov...

Karachi: VIS Credit Rating Company Limited has upheld the entity ratings for Lucky Core Industries Limited at AA/A1+, reflecting high credit quality and strong protection factors. The short-term rating suggests a strong likelihood of timely debt repay...

Karachi: Engro Holdings Limited (ENGROH) is set to reshape its business outlook through a strategic divestment of its energy portfolio and a restructuring that will enhance its earnings potential. The company has announced that it is currently divesti...

Karachi: Engro Holdings Ltd. (ENGROH) reported a 7% year-on-year increase in consolidated earnings from continuing operations for the calendar year 2024, reaching PkR21 billion. This growth was driven by higher urea prices and cost efficiencies. Acc...