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NBP inks MoU with PowerChina arm for green financing collaboration
National Bank of Pakistan (NBP) has signed a Memorandum of Understanding (MoU) with PowerChina|Integrity Energy Storage (Shanghai) Technology Co. Ltd.
Business Recorder
Iran's navy says oil tanker detected on fire in Gulf of Oman
Iran’s navy said on Friday that it had detected an oil tanker on fire as it attempted to cross a prohibited area east of the Strait of Hormuz in the Gulf of Oman, according to state media.
Business Recorder


India's Yes Bank expects AT1 reinstatement to cut core capital ratio by 250 bps
India’s Yes Bank said on Friday it expects the reinstatement of its previously written-off additional tier-1 (AT1) bonds to reduce its core capital ratio by about 250 basis points.
Business Recorder




Festive demand drives India's diesel sales in October, data shows
NEW DELHI: Indian diesel consumption is rising, driven by increased truck movement during the festival season and the nation’s efforts to shield motorists from higher global prices, according to…
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Indian rupee posts best week in seven months, fundamentals key for lasting turnaround
MUMBAI: The Indian rupee rose 2% this week to post its biggest weekly gain in seven months, buoyed by policy measures aimed at boosting the currency, though analysts reckon a sustained turnaround…
Business Recorder
Earnings-driven IT bounce powers Indian shares to best week in six months
Indian share benchmarks posted their best weekly performance in six months on Friday, powered by a rally in IT stocks after stronger-than-expected quarterly earnings and a selloff in global AI…
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Gold rate in Pakistan rises by Rs2,800 per tola
Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs440,636 after a gain of Rs2,800 during the day.
Business Recorder
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