Stories from Ghazanfar Ali
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The week in focus
The govt dropped a ‘petrol bomb’ and people are bracing for an ‘electric shock’ in the form of high tariffs.
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Concessional financing scheme launched
Financing to be provided at concessional mark-up rates through banks and DFIs, Rs10 billion allocated.
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Engro sells Rs1 billion certificates
The asset-backed issue TFC is for a period of three years offering a return of 14.5 per cent.
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The week in focus
The government indicates it will focus more on agriculture and small and medium enterprises.
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Cotton prices hit fresh highs
Unbridled rise of cotton market continues as prices surge to all-time high of Rs8,000 per maund (37.324 kg).
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The week in focus
Hina Rabbani Khar announced that the government will not give out monitoring and evaluation rights of rehabilitation.
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Cotton breaks another record
Prices of cotton touch another peak at Rs7,650 per maund drawing support from the New York cotton market.
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Cotton market marches further up
The cotton market continues upward march and prices touch record high of Rs7,550 per maund, making traders jittery.
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Gas outages in Sindh for 10 days
Sui Southern Gas Company announces it will resort to gas outages in Sindh for 10 days starting October 26
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The week in focus
At a time when production of food crops is quite critical, talk of water shortage for irrigation is quite disturbing.