ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 11.9% of the paid-up ordinary share capital of M/s. Sindh Engro Coal…
Staff Report:The Pakistan stock market fell by 283 points, or 0.36%, ending the day at 78,615. Throughout the trading session, the index experienced considerable volatility, peaking…
Staff Report:Millat Tractors Limited (MTL) announced its 4QFY24 result, with a recorded profit of Rs2.06bn (EPS of Rs10.73), up 65% YoY. However, the result came in…
ISLAMABAD: A Danish firm, FLSmidth, has shown interest in establishing a long-term partnership with Pakistan for mineral extraction. In a statement, the company’s Chief Executive Officer,…
ISLAMABAD:For the first week of Sep’24 (Base Case), SPI data shows:• Expected CPI YoY: 7.3%, the lowest since Jan’21 (5.65%).• Expected CPI MoM: -0.2%.Key factors for…
Staff Report Finally, with high local interest rates and a stable Pak rupee, savvy foreign investors are delving into local T-Bills through Special Convertible Rupee Accounts…
Muhammad Haris The outcome of Pakistan’s recent election and the subsequent political uncertainty may complicate the country’s efforts to secure a financing agreement with the IMF,…
By Newztodays Team Meezan Bank earnings have shattered records in history due to historical profits in 2023. (MEBL) announced highest ever quarterly earnings of Rs26.4bn (EPS…
By Newztodays Team The caretaker government has deferred the task of FBR restructuring to the newly elected government, citing legal obstacles. During a cabinet meeting, a…
Federal Tax Policy Board will be established to formulate tax policies, set revenue targets, and facilitate cooperation between stakeholders Staff Report The federal cabinet has approved…