Jammu: Katra, the base camp for the Vaishno Devi pilgrimage in Reasi district of Indian-administered Jammu and Kashmir, remained closed for the sixth consecutive day as residents continued their protest against the policies surrounding a proposed rope...
Read More »VIS Reaffirms Credit Ratings for Faizan Steel Amid Industry Challenges
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Faizan Steel at 'BBB+/A2', indicating adequate credit quality and a good likelihood of timely repayment of short-term obligations.
According to VIS Credit Rating Compa...
The post VIS Reaffirms Credit Ratings for Faizan Steel Amid Industry Challenges appeared first on Pakistan Business News.
Read More »VIS Assigns Top Rating to PTCL’s Short-Term Sukuk IX
Karachi: VIS Credit Rating Company Limited has assigned a preliminary rating of 'A1+ (plim)' to Pakistan Telecommunication Company Limited's (PTCL) proposed PKR 2.5 billion Short-Term Sukuk IX (STS-IX), indicating a strong likelihood of timely repayme...
The post VIS Assigns Top Rating to PTCL’s Short-Term Sukuk IX appeared first on Pakistan Business News.
Read More »Askari Bank Reports Mixed Financial Results with Strategic Expansion
Karachi: Askari Bank Ltd (AKBL) reported a mixed set of financial results for the first nine months of the calendar year 2024, with a slight decrease in net profit after tax (NPAT) but significant growth in assets and equity. The bank also highlighted...
The post Askari Bank Reports Mixed Financial Results with Strategic Expansion appeared first on Pakistan Business News.
Read More »President Directs Banks to Compensate Rs24.136 Million to Fraud Victims
Islamabad: President Asif Ali Zardari has ordered six banks to provide financial relief totaling Rs24.136 million to 31 victims of bank fraud. This directive follows his decision on 31 appeals against the Banking Mohtasib's rulings. According to Min...
Read More »Fire Brigade Swiftly Controls Burns Road Blaze in Karachi
KARACHI: Mayor Karachi, Barrister Murtaza Wahab, announced that the Karachi Metropolitan Corporation's Fire Brigade quickly responded to a fire at a residential building on Burns Road, successfully controlling the blaze and initiating a cooling proces...
Read More »Government to Launch Five-Year Economic Transformation Plan Tomorrow
Lahore: Minister for Planning and Development Ahsan Iqbal announced that the National Economic Transformation Plan for the next five years will be launched tomorrow. The announcement was made during the passing out ceremony of the officers of the 47th...
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