Cnergyico PK Limited (PSX: CNERGY) has announced its consolidated financial results for the year ended 30 June 2023. The company posted a loss of Rs. 13.6 billion in FY23, compared to a profit of around Rs. 4.1 billion in the…
The Securities and Exchange Commission of Pakistan (SECP) has published the latest statistics, providing a comprehensive assessment of the insurance industry’s financial performance. These much-needed statistics, offering insights into 2022 data, are critical for the diverse stakeholders to make informed…
The federal government has appointed Lieutenant General Muhammad Munir Afsar as the chairman of the National Database & Registration Authority (NADRA). The approval for his appointment came during a meeting of the federal cabinet chaired by Caretaker Prime Minister Anwaar-ul-Haq…
Sri Lanka U19 will travel to Pakistan on 12 October to feature in one four-day and five one-day matches against Pakistan U19. All six matches will be played in Karachi’s National Bank Stadium from 15 to 31 October. The tour…
Startup funding in Pakistan continues to have a bad run, with investments falling to $6.8 million during July-September 2023, according to data released by Data Darbar. This reflects an 87.7 percent year-on-year (YoY) decline from $55 million reported in the same…
Confiz, a leading technology company, has announced a new addition to its employee benefits program by expanding its “Confiz on Wheels” initiative, an interest-free car financing option, to include its Principal Software Engineers and Associate Managers. Confiz on Wheels signifies…
KSE 100 index companies posted record earnings (PAT) of Rs. 1.2 trillion up 16 percent year-on-year (YoY) in fiscal year 2022-23 (FY23) compared to FY22’s growth of 23 percent, according to a report by Topline Securities Ltd. The profit growth…
The Federal Board of Revenue (FBR) has arrested two persons involved in fake invoices in the coal sector. In an effort to curb the menace of fake and flying invoices, the Directorate of Inland Revenue Intelligence & Investigation, Islamabad arrested…
The federal cabinet is likely to approve State-Owned Enterprises Policy 2023 in the next meeting. The Cabinet Committee of State-Owned Enterprises (CCoSOE) meeting was held at the Finance Division today under the chair of Caretaker Finance Minister Dr Shamshad Akhtar….
In a recent announcement on X, formerly known as Twitter, OpenAI revealed that ChatGPT has gained the capability to access the internet for real-time information, eliminating its previous limitation of relying solely on data up to September 2021—a significant advancement…
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