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Car Affordability Plummets in Pakistan as Vehicle Sales Decline by 40%

Car Affordability Plummets in Pakistan as Vehicle Sales Decline by 40%

The affordability of cars for ordinary consumers in Pakistan has hit a new low, with reports indicating a staggering 40%…

7 months ago

PSO leads the market with resilience and growth – posts a profit of 13.4 billion in 9MFY24

Pakistan State Oil (PSO), the leading energy company, maintained its industry dominance and demonstrated steady performance in 9MFY24.The company announced…

7 months ago

ENGRO announces strong results for 1st Quarter 2024

Engro Corporation’s revenue from continued operations grew by 45% to PKR 104.3 bn versus PKR 72.1 bn in 2023, as…

7 months ago

Petrol, Diesel Prices in Pakistan Likely to Drop from May 1

Pakistan may experience a welcome relief from inflation woes as petrol prices are poised to decrease amidst fluctuations in global…

7 months ago

Bank Alfalah Posted Rs. 9.912 Billion PAT In Q1 Of 2024

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 24, 2024, approved the Bank’s…

7 months ago

Samsung Faces Shortage of S24 Smartphones Amid Surging Demand in Pakistan

Samsung Electronics Co. is grappling with a shortage of its S24 smartphones in Pakistan as demand for its flagship phone…

7 months ago

Government considers reducing solar net metering rates by Rs10 per unit

According to a report by Business Recorder, the government is contemplating a significant reduction in the rates paid to consumers…

7 months ago

Chairman PBG hails potential economic cooperation with Iran

KARACHI: Faraz Rahman, founder and chairman of the Pakistan Business Group (PBG), has praised the recent achievements in bilateral relations…

7 months ago

Mahaana Islamic Index ETF Listed at PSX in Gong Ceremony

A gong ceremony was held at the Pakistan Stock Exchange (PSX) to formally commemorate the listing of the Mahaana Islamic…

7 months ago

Gold rates decline massively by Rs 7800 per tola

On Tuesday, gold rates in Pakistan saw a notable decrease, with the cost of 24-karat gold dropping to Rs240,900 per…

7 months ago