Business
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IMF seeks removal of SWF powers
Wealth fund reduced to holding company without direct asset sale rights
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SBP injects over Rs4.6tr via OMOs
Gold falls Rs3,800 per tola as global prices drop 2%
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Nishat Group's Rafhan Maize deal cleared
CCP authorises major shareholding shift in phase-I review
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Private sector lending slumps at 22%
Assets hit Rs60tr, industry left behind; Pakistan half of India, Bangladesh levels
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Oil prices jump 6% on UAE, vessel attacks
20% of global oil, LNG supplies pass through the Strait before US, Israel launched strikes against Iran on February 28
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MEPCO losses worry regulator
NEPRA questions Rs119b spending plan, seeks assessment of benefits
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FBR shortfall puts budget targets under question
Business leaders suggest policies must reflect ground realities to achieve tangible outcomes
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Refinery output up 10.7%, OMC sales down 7%
Diesel production jumps 15.1% as retail demand drops on higher fuel prices
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PSX holds gains in choppy trade
Index ends up 955 points as early rally fades on geopolitical jitters
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Cement despatches rise 11.14% in April
Local sales up 20.17% as exports decline 18.22%, data shows
