US
Cotton prices remained volatile in the outgoing week, surging to a new record high of Rs7,000 per maund.
The recent hike in the discount rate could put additional pressure on some corporate borrowers as well.
Engro Fertiliser is reducing urea prices because gas curtailment from the Mari gas network was less than expected.
Sales have fallen 31.6 per cent in July as prices rose after the government increased the GST to 17 per cent.
Supplies of cement all across Pakistan have been disrupted due to excessive flooding in all provinces.
The economy is being held hostage by the circular debt crisis, said MD PSO Irfan Qureshi.
Pakistan's largest independent power provider is facing imminent threat from flood.
Companies and industrialists were unable to issue salaries to employees in the absence of banking services in Karachi.
Millions of people were unable to open shops or earn wages in the wake of the killing of MQM MPA Raza Haider.