Pakistan Sees Slight Drop in Annual Inflation Amid Mixed Food Prices

Islamabad: Pakistan's annual headline inflation rate has decreased to 4.07% in January 2025, down from 4.9% the previous month, while a marginal month-on-month increase of 0.06% was observed.

According to a statement by United Nations World Food Pr...

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Federal Minister Announces Plan to Stabilize Sugar Prices Ahead of Ramadan

Islamabad: A meeting of the Pakistan Sugar Manufacturers Association (PSMA) took place under the leadership of Federal Minister for Industries and Production, Rana Tanveer Hussain, focusing on critical decisions regarding sugar pricing and distributio...

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Casual Workers in Kashmir Demand Job Security Amid Protests

Srinagar: Casual workers from multiple government departments in Indian illegally occupied Jammu and Kashmir staged a protest at Press Enclave in Srinagar, demanding the regularisation of their services.

According to a statement by Kashmir Media Ser...

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Engro Polymer Reports 40% Decline in 4QCY24 Earnings Amid Tax Reversal and Margin Improvements

Karachi: Engro Polymer and Chemicals Ltd. (EPCL) has unveiled its financial results for the fourth quarter of the calendar year 2024, reporting consolidated earnings of PkR2.1 billion, a 40 percent year-on-year decrease from the same period last year....

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Lucky Electric Power Company Secures ‘AA’ Rating for New Debt Instrument

Karachi: Lucky Electric Power Company Limited (LEPCL) has been assigned a preliminary 'AA' long-term rating and an 'A1+' short-term rating for its new PKR 6 billion debt instrument, PPSTS-21, by The Pakistan Credit Rating Agency Limited (PACRA). The r...

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Pakistan’s Remittance Inflows Surge by 25% in January

Karachi: Pakistan's remittance inflows witnessed a significant boost in January 2025, reaching $3 billion, marking a 25% year-on-year increase. Over the cumulative period of the first seven months of fiscal year 2025, overseas Pakistanis remitted $20....

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