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
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…
Currency Rate
Rupee Edges Up to 279.99 vs Dollar
Pakistan’s rupee inched up one paisa to close at 279.99 against the US dollar, extending a 40-session recovery streak in the interbank market. Pakistan’s rupee strengthened…
Business
Bitcoin Stuck in $60K-$82K Range
Bitcoin trades near $68,000 as options market gamma signals warn of sharper swings within a $60,000 to $82,000 band, according to Deribit’s latest market playbook. Bitcoin…
