Business
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High cotton imports set off alarm bells
Ginning, textile mills may be forced to run below 50% capacity
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PSX edges up as budget uncertainty prevails
Prospects of policy easing, circular debt resolution drive index up by 40 points
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Auction of power plants draws only one bid
Govt receives technical bid for Jamshoro power station, no offers for other projects
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Stakeholders cheer hybrid cotton seed import decision
Govt aims to revive yields to 10m bales by 2025, after yields dropped to a historic low of 4.9m in 2022-23
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'IMF conditions part of reforms'
Ministry clarifies 11 new benchmarks are logical extensions under $7b MEFP
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Vohra urges KCCI to submit budget proposals
He highlighted SITE Area's decades-long water crisis and called for fairer taxation.
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Drinks, junk food taxes under review
Health body pushes for high levies on beverages, FED on processed food to curb diseases
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Gold up Rs4,000 as dollar dips
Bullion rallies globally on US rating downgrade; rupee loses 11 paisa to 281.77/$
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Govt to develop national GI protection strategy
Commerce minister unveils plans to establish dedicated registry, says 200 products have already been identified
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Repatriation jumps 115% YoY in April
Soars to $121.5m, down 23.1% MoM; hits $1.83b in 10MFY25
