Business

Corporate profits fall 14% YoY, led by declines in oil, food, and refinery sectors

The new prices for petrol are Rs248.38 per litre and Rs255.14 per litre for HSD

Centre, provinces struggle to meet strict conditions

KSE-100 slips below 91,000 as investors sell stocks amid uncertainty

Say electricity rates reach unsustainable levels that threaten competitiveness

Jazz partners with NUST and NITB to launch Pakistan's first locally developed Large Language Model for AI solutions.

Launches major B2B initiative to foster investment in Pakistan's fisheries sector

Experts forecast projects worth $200m secured at GITEX; call for followup

Gold price hits Rs287,900 per tola as the rupee dips to Rs277.79/$ amid global market trends and US election jitters.

Pakistan's High Commissioner highlights potential to boost trade with the Maldives, currently at $8-9 million.

Petition seeks reduction of Rs0.71 per unit under fuel charges adjustment

Benchmark index settled at 90,286, down by 577 points from Tuesday

The UAE Dirham (AED) stands at Rs75.20 for buying and Rs75.95 for selling.

Move signals strategic pivot for OpenAI which relies on Nvidia's GPUs for both training, operational capabilities

The bullish opening marks a 0.74% rise, a surge of 672.64 points from the previous close of 90,864.09

Delay in refunds puts strain on finances, impacts growth of textile exports

Delegation seeks policy guarantees as Pakistan pushes for $2b investments

Amendment termed detrimental to refinery operations that will increase cost

Currency loses some value for 2nd day in a row; gold rises Rs1,600

Call for reduced bureaucratic spending, expanded tax base and targeted economic reforms

Chairman undertakes detailed visit of key sites including raised intake, tunnel and power house construction

Tests conducted in South Africa show Thar coal is suitable for gasification

Challenges IMF-backed flexible exchange rate policy, argues that stable currency would protect economy, public

.Ahsan Iqbal reiterates govt's commitment to inclusive development, pointing out that every citizen

Strong earnings, anticipated rate cut help KSE-100 index gain 668.57 points

KSE-100 Index surges to an intra-day high of 91,358.15 points before closing at 90,864.09

Silver price per tola remained stable at Rs3,350, while the price for 10 grams also held steady at Rs2,872.08.

Sino-Pak agricultural innovations, handicrafts captivate fair attendees, showcase rising potential for collaboration

IT minister stresses the importance of youth-led digital solutions at climate summit

IPPs receive Rs979.29 billion in capacity payments from July 2023 to June 2024, NA told

PM aide says Pakistan delegation will stress for support in financing, tech transfer, and expertise

Collaboration to help auto sector compete well in global market

Earnings season also provides boost; KSE-100 index gains 201.55 points

Says security concerns deter investors, sustainable economic recovery

Pakistani rupee drops to Rs277.68 per dollar as global tensions rise, despite upcoming ADB and CPEC financial support.

Aims to fund tech expansion, product growth via IPO of 62.50 million shares priced at Rs16 per share

Pakistan's petrol and diesel prices may rise from November 1, with global oil prices seeing slight decreases recently.

Industrialists accuse govt of making pro-elite policies, ignoring informal sector

PKR sees marginal dip against USD, closing at 277.68 in inter-bank market

Value of Pakistani rupee fluctuates, strengthening against USD, while suffering losses against GBP and Euro.

International price of gold per ounce falls by $9 to reach $2,739, per tola price drops by Rs900, in local market.

KSE-100 index surging to 90,871 points, gaining 877 points during intra-day trading.

Citizens may get some relief with expected price drops of Rs2-3 for petrol and Rs2.30 for diesel.

It's not all doom and gloom; new set of domestic and foreign investors will find opportunities

Rally attracts cautious investors as undervalued stocks, likely rate cuts fuel optimism

If income of growers doesn't improve, consumer goods industry will either stagnate or contract

De-dollarisation pushes investors to flock to gold amid global economic uncertainty, geopolitical shifts

To achieve economic gains, Pakistan must shed obstructionist policies

Emerges as an alternate to traditional banks; lists five IPOs in 2024

Aurangzeb discusses fiscal strides with global financial leaders; hopes for credit rating upgrade