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 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 Exchange Companies Association of Pakistan has announced new currency exchange rates, highlighting notable fluctuations in several foreign currencies against the Pakistani Rupee. The updated figures reflect ongoing market adjustments and …
Karachi: Pakistan’s Consumer Price Index (CPI) is projected to reach 3.1% in June 2025, indicating a shift toward normalized price trends as the base effect diminishes. This adjustment is expected to lead to an average inflation rate of 4.6% for the f…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Engro Corporation Limited, reflecting the company’s robust risk profile and strong liquidity position. Following a corporate restructuring in January 2025, En…
Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the entity ratings of Jamal Pipe Industries (Pvt.) Limited, highlighting the company’s strong market presence and financial health. The family-operated business, with over 40 years of ex…