Islamabad: Oil and Gas Development Company (OGDC) reported a 15% quarter-over-quarter decline in earnings to Rs9.37 per share in the fourth quarter of fiscal year 2025. This brings the full-year earnings to Rs39.5 per share, a 19% year-over-year decre…
Islamabad: Pakistan is set to sign a landmark financing agreement worth approximately $1.25 trillion to address its crippling power sector circular debt. The signing ceremony is scheduled for tomorrow, September 24, 2025, at the Prime Minister’s Offic…
Islamabad: The Karachi Chamber of Commerce and Industry (KCCI) has formally requested the Federal Board of Revenue (FBR) to postpone the deadlines for filing income and sales tax returns. KCCI President Muhammad Jawed Bilwani appealed to FBR Chairman …
Islamabad: GlaxoSmithKline Pakistan Limited (GLAXO) is expected to see its share price rise by 36% to Rs610, according to analysts at JS Global who have initiated coverage on the pharmaceutical company with a “Buy” rating. The projection is based on i…
Islamabad: The State Bank of Pakistan’s data for September 22, 2025, reveals a concerning absence of a floor for institutional lending. While the ceiling for such loans was set at 40,100, no lower limit was established. This suggests potential volatil…
Islamabad: Pakistan’s local cement shipments are projected to increase by 3% year-on-year to 3.08 million tons in September 2025, despite a 1% month-on-month decline. This projection, based on 21 days of data showing 2.15 million tons in local sales, …