Karachi: Standard Chartered Bank Pakistan recently hosted a specialized client session to present its digital banking platform, Straight2Bank, in conjunction with a presentation by the State Bank of Pakistan on RAAST, the national instant payment syst...
Read More »High Interest Rate Criticized for Stunting Industrial Development
Karachi: The President of the United Business Group, Zubair Tufail, has voiced strong criticism against the State Bank of Pakistan's decision to maintain its policy interest rate at 11 percent, describing it as a significant barrier to the expansion o...
Read More »OGDC Reports 7% Decline in Quarterly Earnings Amid Lower Production and Rising Costs
Karachi: Oil and Gas Development Company (OGDC) has reported a decline in its financial performance for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling to Rs8.91. This marks a 7% year-on-year decrease and a 5% drop fro...
Read More »Pakistan Stock Exchange Faces Continued Decline as KSE-100 Falls Below 50-DMA
Karachi: The Karachi Stock Exchange 100 Index saw a continued decline, closing at 158,465, a drop of 1,636 points. The volume of shares traded fell to 952 million from the previous 1,019 million. The index's dip below the 50-day moving average (DMA) s...
Read More »Stocks Tumble as Indices Face Downward Trend
Karachi: The stock market faced a downturn as key indices, KSE30 and KSE100, registered significant declines on Wednesday. The KSE30 fell by 524.48 points to close at 48,334.92, while the KSE100 decreased by 1,635.97 points, ending the day at 158,465....
Read More »Fauji Fertilizer Limited Reports Strong Financial Growth Amid Strategic Developments
Islamabad: Fauji Fertilizer Limited (FFC) held a corporate briefing today to discuss its financial performance and future plans, highlighting significant growth and strategic initiatives. The company reported a 14% year-over-year increase in earnings,...
Read More »PTCL Group and GSMA Collaborate to Enhance API Innovation
Islamabad: PTCL Group and GSMA have entered into a long-term Memorandum of Understanding at GITEX Global 2025 to advance application programming interfaces (APIs) through the GSMA Open Gateway initiative. This collaboration aims to facilitate seamless...
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