Business
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OMCs allowed imports to bridge deficit
Pakistan has a well-established system of ascertaining the requirement of crude oil and refined products
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PSX experiences volatility on profit-booking
KSE-100 index loses 146.68 points, settles at 77,740.31
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Aurangzeb calls for reforms to ensure last EFF with IMF
Stresses on privatisation, export-led growth, FDI for macroeconomic stability
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Textile millers come up with charter of demands
Urge govt to take policy rate into single digit, remove unreasonable taxes
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Tractor industry faces deep crisis
Experts lament removal of subsidies, warn of industry collapse
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SME financing with risk coverage unveiled
Aims to boost lending to SMEs by offering Rs1.10tr over 5 years, partial loss coverage to banks
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Forex reserves edge up $75m, help rupee recover
State Bank’s reserves reach $9.1b in week ended July 26
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AIC exposes flaws in digitalisation laws
Report warns against data localisation, predicts economic impact, increase in cybersecurity risks
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Budget accelerates inflation in July
Month-on-month reading hits 8-month high due to taxes slapped in budget