Download IPFS Pakistan’s equity market began the week on a strong note, with the benchmark KSE-100 Index gaining 1,017.66 points on Monday to close at 142,052.64. The index maintained bullish momentum throughout the day, hitting an intraday high of 142,323.34. This positive performance reflects growing investor confidence supported by improving[Read More…]

Download IPFS Pakistan’s Finance Ministry has introduced a comprehensive cashless payment system for all government transactions, aiming to enhance financial transparency and reduce corruption. The new digital framework will require all federal and provincial entities to process payments electronically through designated banking channels. This initiative marks a significant step in[Read More…]

Download IPFS Oil and Gas Development Company Limited (OGDCL) has received its first interest payment of Rs7.725 billion from Power Holding Private Limited (PHL) under Pakistan’s circular debt resolution plan. The payment, disclosed to the Pakistan Stock Exchange (PSX), marks progress in settling long-standing energy sector liabilities. OGDCL confirmed the[Read More…]

Download IPFS Pakistan’s cement sector began the new fiscal year with a significant boost, as the industry posted a 30% year-on-year increase in total dispatches for July 2025. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), total sales reached 3.997 million tonnes, compared to 3.071 million[Read More…]