Islamabad: Pakistan’s Consumer Price Index (CPI) has fallen to its lowest level in nearly three years this July, recording a 33-month low at 11.1%, as reported by recent statistics. This significant drop is largely attributed to a strong base effect, w…
Karachi: VIS Credit Ratings Company Ltd. (VIS) has upgraded the credit ratings of Everfresh Farms (Private) Limited (EFPL) from BBB+/A-2 to A-/A-2, reflecting the company’s improved financial stability and good credit quality amidst challenging economi…
Karachi: VIS Credit Rating Company Limited has upgraded the short-term entity ratings of Macter International Limited from ‘A/A-2’ to ‘A/A-1’, reflecting a strong likelihood of timely repayment of short-term obligations and excellent liquidity factors….
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned entity ratings to Jazaa Global (Private) Limited, reflecting the company’s robust financial profile and effective market strategies. Jazaa Global, known for its diverse portfolio o…
Islamabad: Pakistan’s fiscal landscape has shown significant improvement as the country recorded a primary budget surplus of 0.9% of GDP in FY24, the first in 20 years, despite a fourth-quarter deficit of 0.6%. The annual fiscal deficit for FY24 improv…
Karachi: The Karachi Stock Exchange (KSE) faced another bearish day as investors continued to show a preference for selling due to tensions in the Middle East and a lack of immediate market triggers. The KSE-100 index closed at 77,887, down by 742 poin…