Karachi: Pakistan’s Consumer Price Index (CPI) registered at 12.6% for June 2024, marking a notable decrease from 29% a year earlier and bringing the FY24 average CPI to 23.9%. Despite a monthly uptick in June, the annual inflation rate has softened si…

Lahore: VIS Credit Rating Company Limited (VIS) has assigned a preliminary rating of ‘A-1+’ to the proposed Short-Term Sukuk (STS-27) of K-Electric Limited (KE). The rating indicates the highest certainty of timely payment, reflecting KE’s excellent sh…