Karachi: The State Bank of Pakistan has disclosed the latest figures regarding the utilization of its overnight repo and reverse repo facilities. According to the central bank’s Domestic Markets and Monetary Management Department, the data for July 10…
Karachi: Pakistan has achieved a record in its remittance inflows, with the fiscal year 2025 witnessing overseas Pakistanis sending home a total of $38.3 billion. This represents a 27% increase compared to the previous year, as detailed in a recent re…
Karachi: The profitability of Pakistan’s cement sector is projected to grow by a substantial 42% year-on-year in the fiscal year 2025, according to a recent analysis by AKD Securities Limited. This anticipated growth is attributed to improving macroec…
Karachi: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has criticized the Federal Board of Revenue (FBR) for introducing an e-invoicing system without prior stakeholder consultation or awareness sessions, labeling it a nightmare for ta…
Karachi: Pakistan’s exploration and production (E and P) sector is on the cusp of recovery, driven by improving liquidity and increased discoveries, according to figures released by the Pakistan Petroleum Information Service (PPIS) for the fiscal year…
Karachi: The KSE-100 Index experienced a significant decline, losing 826 points to close at 132,577, with a trading volume of 903 million shares. Top gainers included BNWM, GADT, and YOUW, while PSEL, HGFA, and SCBPL saw the largest losses. Investment…