Business

KARACHI: Federal Tax Ombudsman Dr. Asif Mahmood Jah announced that his office resolved 57,000 taxpayer complaints during his four-year term, surpassing the 37,000 cases addressed by his predecessors over the past 21 years. This milestone was shared du...

Karachi: The Pakistani auto industry is poised for a surge in profitability during the first quarter of fiscal year 2026, according to a report by AKD Securities Limited. The report forecasts a 25 percent year-on-year increase in earnings, amounting t...

Karachi: National Foods Limited (NATF) has reported a substantial increase in its consolidated earnings for the fiscal year 2025, driven by operational efficiencies and strategic acquisition. The company's financial results were discussed in a corpora...

Karachi: PTCL Group, the leading telecommunication provider in Pakistan, has announced a strategic partnership with CEQUENS, a global leader in customer engagement solutions, to introduce Communications Platform as a Service (CPaaS) for enterprises ac...

Karachi: Engro Fertilizers Ltd. (EFERT) has seen its performance dip below the KSE-100 index by 38% so far this year, as the company grapples with challenging market conditions. The company's earnings have dropped by 21% from last year, totaling Rs14 ...

Karachi: The State Bank of Pakistan (SBP) recently provided financial institutions with Rs. 12 billion through its overnight repo facility. The transaction, which took place on October 21, 2025, involved one institution availing itself of this liquidi...

Karachi: Pakistan Telecommunication Company Limited (PTCL) has reported a significant 15% increase in revenue for the first nine months of 2025, as disclosed at a recent Board meeting in Islamabad. The company continues to strengthen its position as a...