Business

This category covers all news related Business & Finance

VIS Maintains Stable Ratings for Asher Imran Spinning Mills Amid Industry Challenges

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Asher Imran Spinning Mills (Private) Limited (AISML) at 'A-/A-2', reflecting its sound credit quality and stable outlook despite the spinning sector facing significan...

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Lucky Textile Mills Maintains High Credit Ratings Amid Economic Challenges

Karachi, Lucky Textile Mills Limited (LTML), a key player in Pakistan's textile industry, has successfully maintained its strong credit ratings, reflecting its robust financial position and operational stability in a challenging economic environment.Ac...

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Gas Price Revision Affects Fertilizer Sector, Minimal Impact Compared to Other Industries

Karachi, In a significant development for the fertilizer industry, the Oil and Gas Regulatory Authority (OGRA) has announced a revision in gas prices, effective November 2023. This adjustment sees an increase in prices for all categories, with the fert...

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HBL Invests Rs 1 Billion in Solar Tube Wells to Enhance Pakistan’s Agriculture Sector Sustainability

Karachi, Habib Bank Limited (HBL) has initiated a groundbreaking project by allocating Rs 1 billion for the financing of solar tube wells in Pakistan's agricultural sector. This move is aimed at augmenting the use of renewable energy and boosting the e...

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KSE-100 Experiences Significant Volatility in Recent Trading Session

Islamabad, The Karachi Stock Exchange's KSE-100 index experienced notable volatility in its last trading session, opening positively but ultimately closing with a significant loss. The session was characterized by fluctuations, with the index posting a...

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Terrorism Linked to Economic Improvement in Pakistan, Says Mian Zahid Hussain

Islamabad, Mian Zahid Hussain, Chairman of the National Business Group Pakistan and former provincial minister, has voiced concerns regarding the correlation between economic improvement and the rise of terrorism in Pakistan. Hussain highlighted that t...

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United Business Group Vows Change in Upcoming FPCCI Elections, Criticizes Current Leadership

Karachi, Zubair Tufail, President of the United Business Group (UBG), has voiced strong criticism against the current leadership of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI). In a recent meeting with business community ...

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