Islamabad: The Government of Pakistan has raised the sales tax rate on tractors to 14% from the previous 10%, a move that applies to both locally produced and imported tractors with engine capacities between 25kW and 75kW. This tax adjustment is aimed…
Karachi: Maple Leaf Cement Factory Ltd. (MLCF) has reported a decline in its first-quarter earnings for FY25, with consolidated earnings falling to PKR 1.3 billion, down from PKR 1.6 billion in the same period last year, a decrease of 17% year-over-ye…
Karachi: The President of the North Karachi Association of Trade and Industry (NKAATI), Faisal Moiz Khan, has advocated for a substantial reduction in the interest rate by 4% in the upcoming monetary policy announcement. This move, he argues, is essen…
Sanghar: Oil and Gas Development Company Limited (OGDCL) has announced the commencement of production at the Baloch-2 exploratory well in the Sinjhoro block of Sanghar district, marking a significant step in Pakistan’s efforts to bolster national ener…
Karachi: The TEXPO Pakistan exhibition, currently underway at the Karachi Expo Center, has seen Messe Frankfurt’s stall emerge as a major attraction, drawing a significant number of attendees from both Pakistan and abroad. The event, a pivotal platfor…
Karachi: The KSE-100 index has continued its record-breaking run, closing above the crucial 87,000 level, driven by robust gains in cement and steel stocks. The market’s upward trajectory appears set to persist, with analysts forecasting further incre…
Karachi: In a volatile trading session, the KSE-100 index closed significantly higher at 87,195, marking an increase of 728 points from the previous day’s trading. The total volume of shares traded was 699 million, slightly down from 722 million in th…