Business - DAWN.COM

E-Paper | October 05, 2024

ECC okays Rs45bn grant for defence, hikes rabies vaccine price

ECC okays Rs45bn grant for defence, hikes rabies vaccine price

Rate of special allowance (equal to 20 daily allowances) for ANF employees increased.

Updated 04 Oct, 2024 07:23am

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
PACE	6.2900	0.8800	16.27 ▲	59,298,044
LSEFSL	4.5300	0.6200	15.86 ▲	42,319
REDCO	8.5500	1.0000	13.25 ▲	70,707
FANM	3.7900	0.4400	13.13 ▲	900
ANTM	15.8300	1.4400	10.01 ▲	7,659

Company	Price	Change	Change %	Volume
FTMM	3.8200	-0.4800	-11.16 ▼	54,936
CASH	22.6700	-2.5200	-10.00 ▼	11,402
SSML	5.6700	-0.6300	-10.00 ▼	3,001
SMLDEF	31.3900	-3.3600	-9.67 ▼	6,235
KML	28.1000	-2.8500	-9.21 ▼	749

Source: PSX | Updated Oct 04, 2024

Govt hopes to earn $200m from meat exports to Malaysia

Govt hopes to earn $200m from meat exports to Malaysia

Malaysia also looks to import basmati rice; trade office to open in Karachi next month.

Updated 04 Oct, 2024 08:39am

‘Inefficient’ KE grilled over long outages, overbilling

‘Inefficient’ KE grilled over long outages, overbilling

NA panel to hold next meeting in Karachi to judge performance; KE seeks 51 paise tariff hike for August.

Updated 04 Oct, 2024 08:40am

Rs250m spent without selling a single Disco

Rs250m spent without selling a single Disco

Committee chairman inquires about failure to privatise Fesco.

Updated 04 Oct, 2024 08:50am

Cotton imports set to surge as output drops 60pc

Cotton imports set to surge as output drops 60pc

Local production expected to remain below 5m bales this season.

Updated 04 Oct, 2024 09:06am

Oil jumps 5pc on supply concerns

Oil jumps 5pc on supply concerns

Market fears mounting over the possibility that Israel might target Iranian oil infrastructure.

Updated 04 Oct, 2024 09:10am

Cement sales decline

Cement sales decline

Urea sales plunge 35pc year-on-year in September due to higher prices, weaker farmer economics.

Updated 04 Oct, 2024 09:13am

Services exports fall in August

Services exports fall in August

The service trade deficit decelerates by 1.95pc in July-August FY25.

Updated 04 Oct, 2024 09:00am

Ferozsons partners with Gilead for HIV drugs

Ferozsons partners with Gilead for HIV drugs

It is one of six global partners to have signed a voluntary licence agreement with Gilead.

Published 04 Oct, 2024 07:35am

Bullish momentum seen at PSX as shares gain 700 points on falling bond yields

Bullish momentum seen at PSX as shares gain 700 points on falling bond yields

"A significant chunk of foreign supply has also been absorbed, which is giving more confidence to buyers," says an analyst.

Updated 03 Oct, 2024 03:53pm

Editorial: Despite declining inflation, there will be no let-up in the pain of ordinary citizens

Editorial: Despite declining inflation, there will be no let-up in the pain of ordinary citizens

Shifting gears towards growth right now will only squander current economic stability

Shifting gears towards growth right now will only squander current economic stability

Holding the IMF to account

Holding the IMF to account

Highlights

Why IMF has intervened in the agri sector

Why IMF has intervened in the agri sector

CORPORATE WINDOW: EVs — a luxury toy for now

CORPORATE WINDOW: EVs — a luxury toy for now

Race to plug apparel void

Race to plug apparel void

Regulating AI

Regulating AI

A possible upturn in the auto sector?

A possible upturn in the auto sector?

Grappling with recurring crises

Grappling with recurring crises

Aurora

Everything you need to know about Reddit marketing

Everything you need to know about Reddit marketing

Crowned ‘Best Supporting Actress,’ Samiya Mumtaz in profile

Remembering Anthony J. Permal (1979–2024)

Remembering Anthony J. Permal (1979–2024)

Business & Finance

COMPANY NEWS

Bank Alfalah received accolades for its contributions to Islamic banking at the Global Islamic Finance Awards

Published 30 Sep, 2024 07:54am

CORPORATE WINDOW: Driving auto antiques

CORPORATE WINDOW: Driving auto antiques

While new models are available globally, local manufacturers keep selling old versions with fresh price tags

Updated 30 Sep, 2024 09:18am

Buying into future changes

Decentralisation could promote trust, cohesion and equitable access to public services in the long run

Updated 30 Sep, 2024 09:27am

Ignoring the future

In the US, around 20pc of adults age 50 or over report having nothing saved for retirement, raising concerns that...

Published 30 Sep, 2024 07:54am

Newspaper

‘Inefficient’ KE grilled over long outages, overbilling

Cotton imports set to surge as output drops 60pc

Rs250m spent without selling a single Disco

Services exports fall in August

Cement sales decline

Oil jumps 5pc on supply concerns

Stocks hit record 82,722 on economic optimism

Ferozsons partners with Gilead for HIV drugs

Exports rise 14pc in July-September

Stocks extend gains on slowing inflation

Govt races to finalise $6.8 billion railway deal

Higher liquidity to improve private sector lending: SBP chief

Tax authority revamps top hierarchy to speed up digitalisation

Ample water availability boosts Rabi crop outlook

Yields on T-bills cut again

FPCCI wants drastic cut in interest rate

Aptma, PTC elect chairmen

Banks trapped in surplus liquidity

Siddiqsons rolls back tin mill project

Oil jumps 4pc amid escalating Middle East tensions

Pakistan, Russia ink barter deal to boost agri trade

Petroleum sales rise in September

Protected amount doubled to Rs1m

Bangladesh factories reopen amid garment sector unrest