Karachi: The Pakistan Stock Exchange experienced a substantial decline with the KSE30 and KSE100 indices both showing significant downturns. The KSE100 index fell by 6,600.04 points, representing a 3.95% decrease, while the KSE30 index dropped by 2,12…
Karachi: Pakistan State Oil Company Limited (PSO) has announced the appointment of Mr. Jawwad Ahmed Cheema as its Chief Executive Officer for a three-year term, commencing on May 18, 2026. Mr. Cheema will replace Mr. Abdus Sami, who currently holds th…
Karachi: Pakistan State Oil Company Limited (PSO) has announced the appointment of Mr. Jawwad Ahmed Cheema as its Chief Executive Officer for a three-year term, commencing on May 18, 2026. Mr. Cheema will replace Mr. Abdus Sami, who currently holds th…
Karachi: Pakistan’s banking sector is poised to experience a 9% year-on-year decline in earnings for the first quarter of 2026. This downturn is attributed to elevated operating expenses and provision charges, contrasting with a reversal recorded in t…
Karachi: Car sales in Pakistan experienced a significant increase of 40% year-over-year in March 2026, reaching 15,531 units, despite a 9% decline compared to the previous month. According to JS Global, the nine-month cumulative sales for the fiscal y…
Karachi: Pakistan’s inflation rate for April 2026 is forecasted to reach between 11.0% and 11.5% year-on-year, marking the highest monthly inflation rate in 21 months. This increase is primarily driven by a significant rise in fuel prices, despite a d…