Islamabad: Sindh’s Local Government Minister, Saeed Ghani, declared India globally isolated after Operation Bunyan al-Marsus, with international support rallying behind Pakistan. He asserted a dramatic shift in both nations’ images post-conflict. “Ind…
Islamabad: The Pakistani Rupee’s decline persisted against major international currencies, according to the Exchange Companies Association of Pakistan (ECAP)’s closing rates on August 12, 2025. The US Dollar further solidified its position, closing at…
Karachi: Short-term lending rates in Pakistan continued to fluctuate, with the Karachi Interbank Offered Rate (KIBOR) showing mixed signals on August 12, 2025, according to data released by the State Bank of Pakistan. The one-week rate saw the most si…
Islamabad: AL Habib Asset Management Limited (AHAML) has maintained its robust position in Pakistan’s asset management sector, reporting a substantial 195% year-on-year increase in net profit to PKR 323.7 million for the year ending June 2025, up from…
Islamabad: Lucky Electric Power Company Limited (LEPCL) faces a delayed coal supply from a key domestic source, pushing back the start date from December 2025 to June 2026. The Sindh Engro Coal Mining Company (SECMC) will now begin supplying coal from…
Islamabad: One financial institution accessed the State Bank of Pakistan’s (SBP) overnight repo facility on August 12, 2025, borrowing 45 billion rupees. This suggests a potential tightening of liquidity in the money market.
Concurrently, one insti…