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Resilient Performance Amidst Market Volatility: PSO Posts of PKR 11.2 Billion Profit in 1HFY25

Resilient Performance Amidst Market Volatility: PSO Posts of PKR 11.2 Billion Profit in 1HFY25

Pakistan State Oil (PSO), the nation's energy leader, delivered a stable performance in 1HFY25, posting a net profit of PKR…

5 months ago

FPCCI Warns of Rising Ghee and Cooking Oil Prices Ahead of Ramadan

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced concerns over a potential surge in ghee and…

5 months ago

Power Tariffs Reduced for DISCOs and K-Electric Consumers

ectricity prices for customers of state-owned distribution companies (DISCOs) and K-Electric have been lowered, offering relief amid ongoing economic pressures.…

5 months ago

Launch of Pakistan’s Motor Insurance Repository, powered by CDC Pakistan

Under the guidance of the Securities and Exchange Commission of Pakistan (SECP), in collaboration with Insurance Association of Pakistan (IAP)…

5 months ago

Massive Corruption in Sindh’s Land: Chairman NAB

National Accountability Bureau (NAB) Chairman Lt. Gen. (Retd) Nazir Ahmed Butt has revealed that large-scale corruption is taking place in…

5 months ago

Gold Hits Record High in Pakistan, Reaches Rs303,000 Per Tola

Gold prices in Pakistan rebounded sharply on Monday, reaching a new all-time high of Rs303,000 per tola, following an increase…

5 months ago

Govt Plans to Repeal FED on Property Transfers to Boost Real Estate Sector

The federal excise duty (FED) imposed on the transfer of plots and commercial properties through the Finance Act 2024 is…

5 months ago

Barkat Frisian’s IPO to fetch up to 1.23 billion on 17 & 18 February

Barkat Frisian Agro Limited, a joint venture of Frisian Egg Group of Netherlands and Pakistan’s Buksh Group, is all set…

5 months ago

PIA Approves 15% Salary Hike for Employees After Four Years

The Board of Directors of Pakistan International Airlines (PIA) has granted in-principle approval for a 15% salary increase for its…

5 months ago

Fitch Acknowledges Pakistan’s Economic Progress, Flags External Financing Risks

Global credit rating agency Fitch has recognized Pakistan’s progress in stabilizing its economy but cautioned that securing adequate external financing…

5 months ago