Stories from Mobin Nasir
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Cotton markets volatile
Cotton prices remained volatile in the outgoing week, surging to a new record high of Rs7,000 per maund.
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Banks face damage to branches, loan write-offs
The recent hike in the discount rate could put additional pressure on some corporate borrowers as well.
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Engro follows suit
Engro Fertiliser is reducing urea prices because gas curtailment from the Mari gas network was less than expected.
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Car sales fall 32% in July
Sales have fallen 31.6 per cent in July as prices rose after the government increased the GST to 17 per cent.
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Cement supplies disrupted
Supplies of cement all across Pakistan have been disrupted due to excessive flooding in all provinces.
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Circular debt holding economy hostage
The economy is being held hostage by the circular debt crisis, said MD PSO Irfan Qureshi.
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A few feet away from disaster
Pakistan's largest independent power provider is facing imminent threat from flood.
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Offices and factories remain deserted
Companies and industrialists were unable to issue salaries to employees in the absence of banking services in Karachi.
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Millions go unpaid while city mourns
Millions of people were unable to open shops or earn wages in the wake of the killing of MQM MPA Raza Haider.