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20 Textile Companies Earn Rs. 52 Billion Profit
Profits of Pakistan’s top 20 listed textile companies rose 11 percent year-on-year to Rs. 51.9 billion in fiscal year 2026,
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Pakistan and world business news from seven outlets, one story per event. Updated 5m ago.
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What’s up with McDonald’s latest ad campaign in Pakistan?
The giant billboards as part of McDonald’s latest ad campaign featuring host/actor/comedian Tabish Hashmi front and centre showing how the fast food giant uses local ingredients and contributes…
Business RecorderGovt Delays Cost Pakistan $132 Billion
Pakistan suffered an estimated economic loss of $132 billion in 2023, equivalent to 39 percent of its gross domestic product
ProPakistaniPakistan-China Trade Data Gap Shrinks by 98%
The Federal Board of Revenue (FBR) has acknowledged discrepancies in Pakistan-China trade data but said the gap reported in 2023
ProPakistani
Saudi-led coalition orders evacuation of Yemen oil facility in Sanaa ahead of operation
A Saudi-led coalition urged civilians on Tuesday to evacuate the Yemen Oil Company’s Sabah central station in the capital Sanaa ahead of a planned military operation.
Business RecorderFM Aurangzeb vows continued reforms under IMF programme
Finance Minister Muhammad Aurangzeb reaffirmed on Tuesday Pakistan’s ownership of taxation, energy, state-owned enterprise (SOE) and pension reforms under the IMF-supported programme, stressing that…
Business RecorderPM Shehbaz says wheat price to be announced after provincial consultations
Prime Minister Shehbaz Sharif said on Tuesday that the government will announce the wheat price after consultations with the provinces, stressing that the decision must ensure fair returns for…
Business RecorderSri Lankan shares dip as communications, financial stocks weigh
Sri Lankan shares closed lower on Tuesday, dragged down by communications and financial stocks. The CSE All-Share index settled 0.9% lower at 20,077.48 points.
Business RecorderIndia's Adani Enterprises eyes $210 mln fundraise via rupee debt, bankers say
MUMBAI: The flagship firm of India’s Adani group, Adani Enterprises, plans to raise around 20 billion rupees ($210 million) through the sale of short-duration bonds, two merchant bankers directly…
Business RecorderIndia's state borrowing costs spike to over six-year high as demand fades
MUMBAI: Borrowing costs for the most liquid part of India’s state government bond curve breached the 8% handle for the first time in over six years on Tuesday, according to traders, tracking a sharp…
Business RecorderFinance Minister Gives Evidence for Pakistan’s Economic Recovery
Finance Minister Muhammad Aurangzeb has pointed to improving fiscal and external balances, stronger foreign exchange reserves, credit rating upgrades and
ProPakistaniSE Fruits and Vegetable to refile IPO application with additional disclosures
SE Fruits and Vegetable Limited will withdraw its existing initial public offering (IPO) application and submit a fresh one with additional disclosures about the transition of its underlying…
Business RecorderSECP Implements New Rules Against Terror Financing
The Securities and Exchange Commission of Pakistan (SECP) has issued a new guidebook directing its regulated entities to strengthen checks
ProPakistaniIndian benchmark shares jump as encouraging HCLTech earnings propel IT buying
Indian benchmark shares rose on Tuesday, led by the IT index’s biggest one-day gain in more than 17 months after estimate-beating results from HCLTech and as the central bank’s support for the rupee…
Business RecorderIndia rupee outpaces Asian peers on fresh FX curbs, RBI intervention
MUMBAI: The Indian rupee outperformed its regional peers on Tuesday, boosted by new central bank measures to alleviate pressure on the Asian currency and likely spot market intervention that…
Business RecorderSECP Announces New Fine for Insurance Companies
The Securities and Exchange Commission of Pakistan (SECP) has proposed new rules requiring insurers to complete claim assessments within 15
ProPakistaniEuropean stocks hit one-week high on easing oil, yields; LVMH drags luxury stocks
European shares rose to a one-week high on Tuesday as lower oil prices and falling bond yields lifted appetite, although disappointing results from luxury bellwether LVMH pressured the sector.
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