Business

Karachi: The State Bank of Pakistan has established a lending ceiling, setting a limit of 142,500 for a single borrower, applicable to just one financial institution as of October 15, 2025. This move aims to regulate and standardize borrowing practice...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Cash Fund, maintaining its position as a low-risk investment option. The Fund is designed to offer capital preservation and liquidity through a c...

Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for various currencies against the Pakistani Rupee. The update provides insights into the buying and selling rates of major currencies as of the most ...

KARACHI: Pakistan Petroleum Limited (PPL) has announced a strategic partnership with Turkish Petroleum Overseas Company (TPOC) to advance offshore exploration in the Eastern Offshore Indus Block-C. This collaboration highlights a significant developme...

Karachi: Spotify and FC Barcelona have announced that Ed Sheeran will become the first male solo pop artist to feature on the club's jersey, as part of their seventh jersey takeover. The collaboration will see FC Barcelona players don a special editio...

Karachi: Pakistan's banking sector is poised for a modest increase in profitability in the third quarter of the calendar year 2025, according to AKD Securities Limited. The sector is expected to announce a 2% quarter-on-quarter growth in profits, brin...

Lahore: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Lahore Chamber of Commerce and Industry (LCCI) have called on the government to extend the tax return filing deadline by at least one month. The business leaders argu...