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Rabi Season Spurs DAP Sales Surge, Eases Fertilizer Inventory Levels

Karachi: Urea offtakes in Pakistan have declined amid worsening farmer incomes, while diammonium phosphate (DAP) sales have surged by 95% year-over-year, driven by the start of the Rabi season. This development is expected to alleviate inventory press...

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Currency Exchange Rates Show Slight Fluctuations Across Major Currencies

Karachi: Currency exchange rates have experienced minor fluctuations across several major currencies, The data provides current buying and selling rates, reflecting subtle changes in the values of the U.S. Dollar, Euro, British Pound, Japanese Yen, Un...

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VIS Reaffirms ‘A+’ Rating for Mughal Iron & Steel’s Sukuk I Issue

Karachi: VIS Credit Rating Company Limited has reaffirmed the 'A+' (Single A Plus) rating with a 'Stable' outlook for Mughal Iron & Steel Industries Limited's Sukuk I issue. This rating signifies good credit quality with adequate protection factor...

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ADB Partners with Pakistan to Reduce Greenhouse Gas Emissions Through Rice Farming Initiatives

Islamabad: The Asian Development Bank (ADB) has initiated a series of projects in Pakistan aimed at reducing greenhouse gas emissions, beginning with a pilot project in Punjab's Sheikhupura and Okara districts. The pilot focuses on enhancing water pro...

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Manipur’s Political Leaders Threaten Mass Resignation Amid Ongoing Crisis

Imphal: Senior Congress leader and former Chief Minister of Manipur, Okram Ibobi Singh, has cautioned that continued inaction in resolving the state's ongoing crisis may prompt mass resignations from both ruling BJP and opposition MLAs.

According t...

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Banks Begin Accepting Hajj Applications Amid New Guidelines

Islamabad: Fifteen designated banks have commenced the process of accepting Hajj applications, as announced by the Ministry of Religious Affairs. Prospective pilgrims are required to submit an initial deposit of two hundred thousand rupees alongside t...

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