Author: Maryam Asrar

Hyundai Nishat reduces car prices, passing on currency gains to loyal customers, and invites new buyers to benefit immediately, making their car models more attractive in today’s budget-conscious market.

Pakistani universities shine in the 2024 Times Higher Education World Rankings, excelling in nine subject areas, but fall short in Arts and Humanities and Law categories.

At the 2023 Qatar Open Taekwondo Championship, 11-year-old Syed Abdul Hadi Jafri from Karachi, Pakistan, secured a silver medal in the -36 kg children category, displaying remarkable talent and determination in a field of international competitors.

Engro Corporation (PSX: ENGRO) delivered strong financial results, with a significant 42.85% year-on-year profit increase, reaching Rs 43.87 billion in the first nine months of CY23. The company also declared an interim cash dividend of Rs4 per share, reflecting its solid performance.

The University of Wollongong is extending its prestigious scholarship program to Pakistani students, providing them with the opportunity to study in Australia and access world-class education. These scholarships ease financial burdens, recognize academic excellence, and open doors to valuable educational experiences.

Honda is reducing car prices in response to the US dollar’s weakening against the Pakistani rupee, with up to Rs. 300,000 in cuts. This follows similar moves by other automakers and comes as the industry grapples with production disruptions caused by inventory shortages.

Pakistan’s textile exports to the EU have seen remarkable growth, reaching EUR 7.1 billion in 2022, thanks to the benefits of GSP+ status, providing duty-free access to 66% of product categories. The EU’s role as Pakistan’s primary export destination, particularly in textiles, underscores the importance of GSP+ for the country’s trade.

Haider Ali’s incredible 51.23-meter throw clinches gold at the Asian Para Games, earning him a spot at the Paris 2024 Paralympics after surpassing the 39-meter entry standard.

Hub Power Company (HUBC) posted a robust 93% YoY profit surge in Q1FY24, driven by increased earnings from associates and joint ventures, notably the ThalNova Power Plant. HUBC’s stock rose 0.91% to Rs. 97.4 on the day of the announcement.

The National Bank of Pakistan (NBP) posted a remarkable 2.05 times increase in profit for the first 9 months of 2023, reaching Rs39.52 billion. This growth was primarily fueled by a substantial rise in net interest income, although foreign exchange income declined.