Karachi: In a startling development, the Karachi Interbank Offered Rate (KIBOR) has witnessed a significant surge, indicating potential economic instability. The latest figures released by the State Bank of Pakistan reveal heightened rates across vari…
Karachi: In a remarkable achievement, Lucky Investments Limited has been awarded the title of Emerging Islamic Finance Entity of the Year at the prestigious 10th Islamic Finance Forum of South Asia (IFFSA) Conference and Awards 2025. The accolade, ann…
Karachi: Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Aman Paracha, has called on the government to extend the deadline for filing income tax returns to December 31, 2025.
In a statement issued on …
Karachi: President of the North Karachi Association of Trade and Industry (NKATI), Faizal Moiz Khan, has urged the Prime Minister, Federal Minister for Finance, and the Chairman of the Federal Board of Revenue (FBR) to extend the deadline for filing i…
Karachi: The Karachi Stock Exchange (KSE) witnessed a significant upward trajectory as the KSE-100 Index continued its ascent, gaining 2,977 points to close at 162,257. This development occurred despite a 36% drop in trading volumes compared to the pr…
Karachi: In an unexpected development, the State Bank of Pakistan (SBP) reported that for the second consecutive trading session, there was no utilization of its overnight repo and reverse repo facilities. This rare occurrence, documented in the centr…