Stories from Salman Siddiqui
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Many Pakistani banks suspend international transactions in wake of cyberattack
Earlier, BankIslami lost Rs2.6 million due to online security breach
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Ministry increases profits on savings schemes to 42-month high
This marks the fourth upward revision in seven months by the finance ministry
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Rupee depreciation against SDR massively hits Pakistan’s finances
Central bank’s profit dropped 26% in FY18 mainly due to the currency’s fall
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Govt to downward revise rate of return on electricity projects
Currently, Nepra offers rate of 14-17%, new rates are worked out to be in range of 12.50-16%
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Pakistan's banking system witnesses another cyberattack
Central bank temporarily restricts use of ATM cards of affected bank for overseas transaction
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Unlike in world markets, gold loses shine in Pakistan
Weakening rupee should have made bullion expensive, but it became notably cheaper
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Law Division suggests contract revision with mutual consent
Says text of contracts provides for renegotiations only through this way
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Price disparity: Tax cut on LPG imports turns locally produced gas expensive
Power secretary assures distributors of taking up matter with ECC
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Shaheen Air looks to spread its wings again
Airline needs around Rs3.1 billion to resume flights
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Rupee strengthens 1.4% in inter-bank market as Saudi aid lends support
Forex association chief says outlook for the currency remains positive
