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Karachi, Operational since 2010, the NIT - Income Fund has delivered consistent performance with an offer price of Rs. 11.1 and a redemption price of Rs. 10.99 in June. The fund distributed Rs. 0.55 per unit for 2022 and Rs. 0.5746 per unit for 2023.

Karachi, The NIT - Money Market Fund, operational since 2019, has provided consistent returns in a challenging market environment. Both the offer and redemption prices were stable at Rs. 9.73 in June. The fund did not declare any distributions, focusi...

Karachi, Meezan Bank Ltd (MEBL) closed at Rs. 164.34, with a daily weighted average rate of Rs. 164.35. The bank, with a massive paid-up capital of Rs. 17,912.53 million, declared an 85% dividend and a 10% bonus for 2022, and 120% interim for 2023. It...

Caretaker Prime Minster Anwaar-ul-Haq Kakar has expressed his government's strong determination to fight terrorists with full force and there should be no confusion in it. Interacting with media persons in Lahore, he said terrorists cannot be given ...

The government has decided to maintain current prices of Petrol and High Speed Diesel during the next fortnight. According to a press release of Finance Division, the decision to this effect has been taken in lines with the recommendation of Oil and...

Today, Pakistan and India exchanged, through diplomatic channels, the lists of prisoners in each other's custody. According to Foreign Office, the simultaneous exchange of lists took place in pursuance of the Consular Access Agreement of 2008. Unde...

Federal Board of Revenue has created history by collecting 1021 Billion rupees during December 2023. According to a press release, the target for the first six months of the current financial year was also surpassed. The target for the first six mo...