Karachi: The Chairman of the National Business Group Pakistan, Mian Zahid Hussain, has commended government efforts to eliminate circular debt in the power sector but cautioned against solutions that burden consumers.
Hussain, also leading the Pakis…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed strong disapproval of the new powers granted to tax officials in the Federal Budget 2025-26. Atif Ikram Sheikh, President of FPCCI, announced the organization’…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) rates, which indicate minimal fluctuations across various tenors. The data, sourced from Refinitiv, reflects the financial market’s current state amid ongoi…
Karachi: Pakistan’s currency exchange rates demonstrated stability on February 18, 2026, as evidenced by the latest figures released by the State Bank of Pakistan. The data revealed minimal fluctuations in the buying and selling rates of several major…
Karachi: The KSE-100 Index experienced a downturn, losing 463 points to settle at 120,003 with a trading volume of 598 million shares. This decline comes amid a mixed performance across various sectors, particularly in technology, investment companies…
Karachi: The stock market experienced a bearish week, with the benchmark KSE-100 index closing at 120,023 points, marking a decrease of 2,120 points or 1.74% week-on-week. Investor confidence was affected by geopolitical issues, leading to a 9.4% week…