Stories from Salman Siddiqui
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Experts weigh impact on economy
Expect Biden’s victory to help Pakistan improve trade ties with Iran
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Bank deposits grow 20% to Rs16.66tr
Deposits are mainly used to meet govt financing needs; private sector lags behind
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POL sales hit two-year high
Growth in Oct sales comes on back of revival of economic activities
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Companies at PSX post record high profit
Earnings of firms included in KSE-100 rise 51.6% quarter-on-quarter
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Inflation rises 8.91% in October
Reading at higher level on back of supply-side shocks in food items
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Vessels carrying wheat, sugar arrive
Imports of commodities will help overcome shortfall, control prices
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Moody’s assigns B3 rating to WAPDA
With stable outlook, rating comes ahead of WAPDA’s bond float
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Pakistan becomes importer of major agri goods
Due to government’s lack of focus on agronomy, country is now importing wheat and sugar
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Earnings of NEPRA officials soar by up to 551%
Chairman paid Rs9.97m compensation in FY20 compared to Rs1.53m in FY19
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Power production drops 10.5% to 13,104 GWh
Fall comes as industrial, residential consumers switch to cheaper options