Business
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Stocks slump amid policy rate uncertainty
KSE-100 index dives 1,047.71 points, settles at 71,695.03
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SBP holds key rate at record high
Despite inflation at 20-month low, it maintains 22% rate amid IMF talks
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Rupee stable at 278.40 to a dollar
Remittances hit a two-year high of nearly $3 billion in March
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‘Iranian investors eyeing trade with Pakistan’
Ambassador to Iran stressed need for trade bodies of both countries to further strengthen bilateral relations
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IPR protection a must to attract investors
Infringements caused Rs800b loss to public exchequer last year
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Cement sector seeks relief to offset losses
Claims foreign exchange lost in importing machinery for track, trace system
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OGDCL reports Rs171b profit for Jul-Mar FY24
Company makes significant progress in seismic, drilling efforts
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Indus Motor reports 38% profit surge
Q3 profit hits Rs4.45b, interim dividend of Rs34 per share announced
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PM defers decision to export sugar on contradictory claims
Sugar industry, government clash over figures; farmers’ fate hangs in balance
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Govt implements sweeping fiscal reforms to cut debt
Rules target trillions in public funds parked by ministries, departments in commercial banks
