Karachi: Interloop Ltd. (ILP) has released its financial results for the first quarter of fiscal year 2026, recording a substantial increase in profitability. The company reported a profit of PKR 2.8 billion (EPS: PKR 2.0), marking a 12.6-fold increas...
Read More »Stock Market Slips as KSE Indices Experience Decline
Karachi: The Pakistan Stock Exchange (PSX) witnessed a downturn today, with both the KSE30 and KSE100 indices closing in the red. The KSE30 index ended the trading session at 49,418.59 points, reflecting a decline of 423.92 points, or 0.85 percent, fr...
Read More »High Interest Rate Hampers Industrial Revival, SITE President Criticizes Central Bank
Karachi: Ahmed Azeem Alvi, the President of the SITE Association of Industry Karachi, expressed his disappointment over the State Bank of Pakistan's decision to maintain the policy rate at 11 percent. He criticized the move, indicating that the busine...
Read More »TCL Unveils Cutting-Edge Air Conditioning Innovations at MEA Conference
Guangzhou: TCL has unveiled its latest air conditioning technologies, including the VoxIN JetMax and SaveIN Series, at the Middle East and Africa Air Conference 2025 in Guangzhou, China. The event highlighted the company's commitment to integrating in...
Read More »19th International Symposium on Advanced Materials Commences in Islamabad
Islamabad: The 19th International Symposium on Advanced Materials, ISAM-2025, kicks off today at the National Center for Physics in Islamabad. The five-day event is set to convene scientists, engineers, and industry experts to explore and discuss adva...
Read More »Pakistan Offers Bangladesh Use of Karachi Port to Boost Regional Trade
Islamabad: Pakistan has extended an offer to Bangladesh for the use of Karachi Port to enhance its trade with regional countries, including China and the Central Asian states. This significant proposal was made during the 9th Pak-Bangladesh Joint Econ...
Read More »PPP Chairman, JUI Chief Discuss Country’s Political Situation
Islamabad: Chairman PPP Bilawal Bhutto Zardari visited the residence of JUI Chief Maulana Fazlur Rehman in Islamabad today. During the meeting, both leaders discussed the country's political situation. According to Radio Pakistan, Maulana Asad Mahmo...
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