Business
Agriculture losses may push inflation higher
Latest economic outlook has highlighted both encouraging signs and looming risks, as heavy rains and flooding threaten the country’s agriculture and food supply chains. The Finance…
Business
Business
CCP Completes 32 Inquiries on Cartelization and Deceptive Marketing
The Senate Standing Committee on Finance, chaired by Senator Saleem Mandviwalla, held a meeting to review the performance of the Competition Commission of Pakistan (CCP).Chairman CCP,…
Business
Raast QR Codes Made Mandatory at Fuel, Gas and CNG Outlets
The Oil and Gas Regulatory Authority (OGRA) has directed all licensed entities under its regulation to adopt digital payment solutions in line with the government’s vision…
Business
EPBD Chief Slams SBP for Keeping Rates High
Chairman EPBD Dr. Gohar Ejaz on Thursday strongly criticised the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 11 percent, calling it…
Business
PSX Opens Higher with Selective Buying
Stocks at the Pakistan Stock Exchange (PSX) moved cautiously higher on Thursday, as traders showed renewed buying interest in key sectors. By 11:25am, the KSE-100 Index…
Business
Pakistani Rupee Holds Ground Against Major Currencies
The Pakistani rupee maintained a steady trend against major foreign currencies on Wednesday, with slight fluctuations noted in the open market. Currency dealers reported that the…
Business
Engro Holdings posts Rs73.3bn profit on one-off gain
Company reports stable underlying business but PAT inflated by impairment reversal on thermal assets. Engro Holdings has reported a consolidated profit after tax (PAT) of Rs73.3…
Business
PNSC adds two Aframax tankers, fleet grows to 12 ships
Pakistan National Shipping Corporation expands fleet with Aframax tankers to boost energy security and reduce reliance on foreign shipping. Pakistan National Shipping Corporation (PNSC) has expanded…
Business
Wheat and sugar prices rebound lifts rural economy hopes
Rising wheat and sugar prices in Pakistan are expected to improve farmer incomes and provide a timely boost to the struggling rural economy. Wheat prices in…
Business
SECP aims to align private fund regulations with global standards
The Securities and Exchange Commission of Pakistan (SECP) has wrapped up a three-city round of stakeholder consultations on proposed amendments to the Private Fund Regulations, 2015,…
