Business
KSE-100 Rebounds Nearly 800 Points as Market Sentiment Strengthens
Pakistan’s stock market opened December on a positive note as the KSE-100 Index reversed early losses and moved sharply higher, supported by improved investor confidence and active buying across major sectors. The benchmark index was trading at 167,438 points by…
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Octopus Digital Profit Plunges 94.53% Amid Rising Costs
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Octopus Digital Limited has posted a sharp decline in profitability for the nine months ended September 30, 2025, with its profit after tax (PAT) plummeting…
Gold Prices Drop Again in Pakistan as Global Rates Fall
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Gold prices in Pakistan dropped further on Thursday, following the downward movement in international markets. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA),…
HBL Profit Rises as Bank Cuts Provisioning Costs
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Habib Bank Limited (PSX: HBL) has announced its financial results for the nine months ended September 30, 2025, reporting a profit after tax (PAT) of…
FBR and IMF Agree to Cut Pakistan’s Tax Collection Target
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The Federal Board of Revenue (FBR) and the International Monetary Fund (IMF) have reportedly agreed to reduce Pakistan’s tax collection target by Rs150 billion. The…
Industries and Farmers Get Electricity Relief Package
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Prime Minister Shehbaz Sharif has announced a new three-year electricity relief package called the Roshan Maeeshat Electricity Package to support Pakistan’s industrial and agricultural sectors.…
Dubizzle Group Delays IPO Amid Volatile UAE Listing Environment
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Dubai-based classifieds giant Dubizzle Group has postponed its much-anticipated initial public offering (IPO) on the Dubai Financial Market (DFM), announcing that it will “assess optimal…
NEPRA Slashes K-Electric Tariffs and Tightens Loss Targets
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The National Electric Power Regulatory Authority (NEPRA) has approved a major revision to K-Electric’s (KEL) Multi-Year Tariff (MYT) framework for FY2024–FY2030, introducing significant changes in…
Karachi Consumers Push Energy Ministry for Accountability
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Consumers and industrial stakeholders in Karachi have jointly issued an open letter to the Ministry of Energy (Power Division), asserting that “Karachi consumers cannot remain…
Lahore Development Authority Earns Record Rs3.47 Billion from Landmark Property Auction
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In a major financial milestone, the Lahore Development Authority (LDA) has achieved record revenue of Rs3.47 billion through its latest public property auction held at…
Rupee Gains Slightly Against Dollar, Strengthens Globally
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The Pakistani rupee (PKR) posted a slight gain against the US dollar in the inter-bank market on Wednesday, closing at Rs. 281.05 compared to Rs.…
Sindh Approves Rs. 2.89 Billion for Development Projects in Karachi
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The Sindh government has approved Rs. 2.89 billion in funding for multiple infrastructure and public welfare projects in Karachi, marking a major step toward improving…
Govt Plans $13bn ‘Sea-to-Steel’ Corridor to Revive Pakistan Steel Mills
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The Ministry of Maritime Affairs has announced a $13 billion Sea-to-Steel Green Maritime Industrial Corridor project at Port Qasim to revive the dormant Pakistan Steel…
MCB Bank Shares Strong Financial Results for the Third Quarter
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MCB Bank Limited has released its financial results for the third quarter ending September 30, 2025, showing consistent growth and a strong balance sheet. The…
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