Stories from Salman Siddiqui
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86 top companies post record Rs1.7 trillion profit
Despite inflation, high interest rates, and poor output, profits soar by 25% in FY24
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Govt borrowing surges to record high of 100.8%
Private sector credit falls to 38.36% posing risk to banks as additional taxes loom
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Fed rate cut boosts Pakistan's prospects
Lower global borrowing costs set to enhance textile exports, attract foreign investment
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Traders anticipate rupee appreciation
Rush to offload US dollars as the rupee gains ground, while gold prices soar globally
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Power demand slumps 17% in Aug
Consumers shift to solar as electricity prices rise, impacting national grid consumption
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Current account returns to surplus
Robust remittances, growing IT exports, RDA drive $75 million surplus.
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Policy missteps threaten agriculture
Water shortages, unplanned policy shifts, heavy rainfall put exports at risk
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Eurobonds rebound as IMF approval nears
Prices rise up to 19 cents on the news, further gains expected if IMF approves loan on September 25
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Govt slashes profit rates on saving schemes
Lower returns on savings threaten already dismal domestic saving rate
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Short-term inflation slowdown ends
Weekly SPI reading rises 14.36% year-on-year, though SBP talks of 'disinflation'