Tag: news
-
April 22, 2025 (MLN): BankIslami Pakistan Restricted (PSX: BIPL) has launched its condensed interim consolidated monetary outcomes for the interval ended March 31, 2025, reporting a revenue after taxation of Rs2.61 billion, reflecting an 18.72% decline from Rs3.21bn recorded in the identical interval final 12 months. The financial institution’s earnings per share dropped to Rs2.3575 from Rs2.9004.…
-
April 22, 2025 (MLN): Pakistan is on monitor to safe a $200 million halal meat export take care of Malaysia over the subsequent 5 years, marking a major increase for the nation’s agricultural and commerce sectors. The event follows ongoing bilateral talks aimed toward strengthening financial cooperation between the 2 nations. The potential settlement was a…
-
April 21, 2025 (MLN): The inaccurate classification of taxpayers as “non-active” by the Inland Income Service (IRS), regardless of the Federal Board of Income’s (FBR) official extension of gross sales tax return submitting deadlines for February and March 2025, has raised severe concern. This subject has been strongly taken up by President of the Karachi Chamber…
-
April 21, 2025 (MLN): The benchmark KSE-100 Index concluded Monday’s buying and selling session at 118,383.38, displaying a rise of 1,067.80 factors or 0.91%. The index remained optimistic all through the day displaying an intraday excessive of 118,827.47 (+1,511.89) and a low of 117,712.70 (+397.12) factors. The entire quantity of the KSE-100 Index was 367.33…
-
April 21, 2025 (MLN): Gold costs surged by greater than 1% on Monday, crossing the $3,380 per ounce mark, setting a brand new document excessive. The surge comes as buyers flock to gold amid escalating international commerce tensions and a weakening U.S. greenback, pushed by safe-haven demand. Analysts predict that the valuable steel may proceed to…
-
April 21, 2025 (MLN): Pakistan secured exterior financing value $555.2 million in March 2025 from a number of financing sources, 52.5% greater than final month and 154% greater than the identical month final 12 months. Cumulatively, in 9MFY25, the nation solely managed to safe $5.2 billion in exterior financing towards the annual finances estimates of…
-
April 21, 2025 (MLN): Gold worth in Pakistan surged to a historic excessive on Monday, with pure gold being offered at Rs357,800 per tola, marking a rise of Rs8,100. Equally, pure gold per 10-gram was offered at Rs306,755 after a achieve of Rs6,944, in accordance with charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation…
-
Luisa Crawford Apr 12, 2025 00:36 NVIDIA collaborates with SoftBank to quickly deploy AI factories utilizing DGX SuperPOD know-how, marking a major step in Japan’s AI innovation panorama. In a notable development in AI know-how, NVIDIA, in collaboration with SoftBank, is accelerating the deployment of AI factories…
-
April 20, 2025 (MLN): With rising investor confidence and an growing shift towards Shariah-compliant monetary options, the Islamic mutual fund trade in Pakistan is flourishing. Most just lately, Fortunate Investments made headlines by efficiently raised Rs50 billion throughout the Preliminary Public Providing (IPO) of its debut fund, the Fortunate Islamic Cash Market Fund. This was…
-
April 20, 2025 (MLN): This week, the capital market witnessed a collection of optimistic developments on the financial entrance, which helped restore investor confidence. Accordingly, the benchmark KSE-100 Index gained 2,462.25 factors, or 2.14%, to settle at 117,315.58 in comparison with final week’s shut of 114,853.33. Intraday swings had been vital, with the index reaching a…