Business

KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) recently revised the instrument rating of TPL Corp Limited, reflecting the holding company's evolving financial challenges. TPL Corp, a key player in multiple sectors through its subsidiaries,...

Karachi: The Karachi Stock Exchange's KSE-100 index reported a significant increase, closing at 161,632 after gaining 4,899 points on Friday. Trading volumes rose to 953 million shares, compared to 848 million shares in the previous session. Analysts ...

Karachi: Pakistan's urea sales in October 2025 are anticipated to reach 351,000 tons, marking a 2% decrease year-over-year and an 18% drop month-over-month. This decline is attributed to a pre-buying trend observed in previous months. Engro Fertilizer...

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC), a prominent Islamic asset management firm in Pakistan, has declared a dividend of PKR 0.6900 per unit for its Pak-Qatar Monthly Income Plan (PQMIP) for October 2025. This announcement unders...

Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has called on the government to release pending sales tax refunds, citing severe financial pressure on the edible oil and ghee industry due to excessive taxation a...

Karachi: The Oil and Gas Development Company (OGDC) presented its first-quarter financial results for fiscal year 2026 in a briefing that revealed a strategic shift towards higher-risk exploration areas and significant improvements in financial collec...

Karachi: Hub Power Company (HUBC) announced that lenders have declared the Project Completion Date (PCD) for Thar Energy Limited (TEL) and ThalNova Power Thar (TN) as October 31, 2025. The completion of these 330MW coal-based projects marks a signific...