Business
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SBP holds policy rate at 12%
MPC cites widening C/A deficit, tax revenue shortfalls as key concerns
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Industrialists decry MPC decision to keep rate on hold
Warn that industries are already struggling to survive, further downsizing is expected after Eidul Fitr
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Rupee trades above 280/$ for 1st time since Jan'24
Closes at 280.07 while remittances record inflows of $3.1b in Feb'25, reflecting surge of 38.6% YoY
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IHC questions 'look-after' charge
Minister defends decision, saying chief economist appointed temporarily
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Energy firms locked in row over coal supply
Dispute sparks calls for accountability, intervention of power ministry
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PARC faces legal challenge over hiring process
IHC questions chairman's reappointment as legal notice seeks to halt recruitment
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PSX flat over policy rate, IMF uncertainty
Index falls 42 points as foreign outflows, expected inflation surge weigh
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Rwandan envoy visits Punjab industries
HC goes to Sialkot, Faisalabad and Lahore to highlight trade potential