New Delhi: In a significant policy shift, India has ended its ban on the export of non-basmati rice, setting a minimum export price of US$490 per ton in an effort to rejuvenate trade with Asian nations. This move is expected to impact rice prices regio…
Karachi: At the recent annual general meeting (AGM), Hub Power Company detailed its advancements and strategic plans across its power, electric vehicle (EV), and mining segments. The company highlighted its ongoing efforts in debt reduction, future EV …
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has retained the entity ratings of My Petroleum (Pvt.) Limited, affirming its long-term rating at BBB+ and short-term at A2 with a stable outlook. The decision reflects the consistent financi…
Karachi: The Karachi Stock Exchange experienced another day of broad market sell-offs as the benchmark KSE-100 index closed at 81,292 points, down by 365.84 points. The index opened in positive territory, reaching an intraday high of 81,843, but it fal…
Thatta: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Gul Ahmed Wind Power Limited (GAWPL) at A+ and A1 respectively, signifying a stable outlook for the company. GAWPL, which operates a…
Karachi: Pak Elektron Limited (PAEL) announced a positive financial trajectory and strategic focus towards the North American export market during its latest analyst briefing. The company recorded a significant rise in its earnings per share (EPS) for …