Stories from Salman Siddiqui
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Rupee best performing currency
Records biggest gain of 3.9% on expectation of foreign currency inflows
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Sept RDA inflows hit 20-month low
Rupee, however, cumulatively gained 7.41%, or Rs17.77, in past 10 days
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Telecom firm to upgrade digital infrastructure
Will finance project via funds to be raised by parent company in US market
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Oil demand sinks by 22% to 1.5m tons
It comes due to corrective measures to cut down imports, restricted economic activities
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KE to undergo corporate restructuring
Sindh govt asks to be taken on board during transfer of ownership
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SSGC plans to start power production
Company diversifying business due to fall in gas supplies from fields
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Third power plant launched on Thar coal
Use of indigenous coal can lower cost of electricity production, cut import bill
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HBL to ‘vigorously’ contest charges in US court
Court alleges that HBL facilitated terror financing between 2010-19
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Shanghai Electric committed to KE deal
Financial disputes of billions of rupees impede sale of private power utility
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Rupee hits 2-week high against USD, trades at 232.36
Rupee strengthens against greenback following Dar's return; decrease in global oil prices