Business
PSX Rout: KSE-100 sheds 3,000+ points
Pakistan’s Pakistan Stock Exchange (PSX) saw a significant sell-off on Friday as geopolitical tensions with Afghanistan heightened investor anxiety, sending the KSE-100 Index down more than…
Business
Business
57.5% NFC Share ‘Untouchable’ After Provincial Pushback
The federal government has acknowledged that the provincial share of 57.5% under the National Finance Commission (NFC) Award is effectively untouchable, after strong resistance from provinces…
Business
Banking Sector Earnings Grow 11% YoY in CY25
The Pakistan Stock Exchange banking sector recorded cumulative profits of Rs 671 billion in Calendar Year 2025 (CY25), which marks an 11 percent year-on-year (YoY) increase,…
Business
Parliament Panel Summons Cement, Sugar, Tobacco Firms
Islamabad: A parlementary panel has summoned representatives of cement, sugar and tobacco industries over reports of tax evasion.A meeting of the National Assembly Standing Committee on…
Business
IMF Delegation Engages with OICCI on Key Taxation Issues
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) convened a dialogue between a visiting International Monetary Fund (IMF) delegation, led by Iva Petrova and…
Business
SEARL Profit Up 9% In 2QFY26
The Searle Company Ltd (SEARL) announced its 2QFY26 financial results, posting an unconsolidated quarterly profit of Rs931mn (EPS: Rs1.58), up 9% QoQ. The effective tax rate…
Business
CCP Approves Acquisition of Attock Cement by Fauji Cement and Kot Addu Power Company
The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the Attock Cement Pakistan Limited by Fauji Cement Company Limited and Kot Addu Power…
Business
IMF Pressures Pakistan to Extend $2B UAE Deposit
Pakistan is facing pressure from the International Monetary Fund (IMF) to ensure the one-year rollover of a $2 billion deposit from the United Arab Emirates (UAE).…
Business
OICCI Urges FBR to Release Rs. 103 Billion in Tax Refunds
The Overseas Investors Chamber of Commerce and Industry (OICCI) has called on the Federal Board of Revenue (FBR) to expedite the disbursement of pending tax refunds…
Business
Maple Leaf Cement Profit Falls 17% in 2QFY26
Maple Leaf Cement Factory posted Rs3.1bn profit in 2QFY26, down 17% year-on-year, as lower retention prices and higher fuel costs squeezed margins despite stable sales. Maple…
