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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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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
ProPakistaniTextile body urges PM to retain export facilitation scheme for yarns, fabrics
The Pakistan Textile Council (PTC) has urged Prime Minister Shehbaz Sharif to retain the Export Facilitation Scheme (EFS) for all legitimate export inputs and reject further exclusions of yarns and…
Business RecorderPakistan-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 RecorderSaudi rebound lifts most Gulf bourses as markets weigh regional risks
Most Gulf bourses closed higher on Tuesday, with Saudi Arabia’s benchmark index snapping a four-session losing streak, even as the kingdom extended the closure of Riyadh’s King Khalid International…
Business RecorderScammers Are Targeting Old People
The National Cyber Emergency Response Team (National CERT) and the National Telecommunication Corporation (NTC) have launched a campaign urging people
ProPakistaniPM 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 RecorderIndia's benchmark bond breaks 4-day falling streak as value investors return
MUMBAI: Indian government bonds snapped a four-session falling streak on Tuesday, after the yield rising to a three-year high attracted investors back to the market.
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
ProPakistani
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