Business - DAWN.COM

E-Paper | March 12, 2026

Staff-level agreement delayed amid Middle East crisis, negotiations to continue: IMF

Staff-level agreement delayed amid Middle East crisis, negotiations to continue: IMF

Mission says Pakistani authorities made "good progress" in implementing climate resilience agenda; aims to conclude talks in coming days.

Published 12 Mar, 2026 08:34am

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
KSTMNC	8.69	0.99	12.86 ▲	34,120
BFMOD	20.53	1.87	10.02 ▲	31,335
BELANC	48.47	4.41	10.01 ▲	5,451
JUBSNC	52.86	4.81	10.01 ▲	16,714
ASIC	23.1	2.1	10.00 ▲	12

Company	Price	Change	Change %	Volume
WASLR	0.19	-0.05	-20.83 ▼	1,602,261
GSPMNC	4.2	-0.74	-14.98 ▼	17,326
GUSMWU	6.18	-0.78	-11.21 ▼	1,042
DWTMWU	10.37	-1.15	-9.98 ▼	686,365
SHJS	137.21	-15.19	-9.97 ▼	1,551

Source: PSX | Updated Mar 11, 2026

Saudi Arabia activates desert oil pipeline

Saudi Arabia activates desert oil pipeline

Petroline ramps up activity to bypass Hormuz blockage.

Updated 12 Mar, 2026 08:12am

Energy spike shrinks room for rate cuts

Energy spike shrinks room for rate cuts

Outlook for inflation and global economic growth amid increasing geopolitical turmoil remains volatile.

Updated 12 Mar, 2026 08:39am

Branded Content

Master MoltyFoam’s Women’s Day initiative supports the next generation of female athletes

Master MoltyFoam’s Women’s Day initiative supports the next generation of female athletes

This year, Master MoltyFoam used the occasion to highlight the importance of support in sports by launching an initiative focused on encouraging young female athletes in Pakistan.

Fatima Fertilizer launches Sarsabz Tabeer: Seeds of Change campaign on International Women’s Day to celebrate women in agriculture

Fatima Fertilizer launches Sarsabz Tabeer: Seeds of Change campaign on International Women’s Day to celebrate women in agriculture

The campaign recognizes the resilience, strength and unwavering dedication of women working across the agricultural value chain.

Women in Thar: Breaking barriers, transforming lives

Women in Thar: Breaking barriers, transforming lives

Thar Foundation has enabled hundreds of women to step into roles that once seemed unimaginable.

Textile exporters warn of disadvantages of current tax and regulatory framework

Textile exporters warn of disadvantages of current tax and regulatory framework

Say sector remains highly compliant and continues to bear high costs of doing business despite structural constraints.

Published 12 Mar, 2026 08:46am

CCP clears acquisition of majority shareholding in KRRAVE Technologies by SUOL Innovations

CCP clears acquisition of majority shareholding in KRRAVE Technologies by SUOL Innovations

Farid Ahmad Tarar appointed new chairman of CCP.

Published 12 Mar, 2026 08:50am

Fuel price hike adds to Ramazan inflation burden

Fuel price hike adds to Ramazan inflation burden

Public anger grows over timing, scale of increase in petrol, diesel rates.

Updated 12 Mar, 2026 08:04am

Oil imports on CIF basis allowed for 60 days

Oil imports on CIF basis allowed for 60 days

SBP issues circular to authorised forex dealers for immediate compliance.

Updated 12 Mar, 2026 08:03am

Finance minister stresses ‘more balanced’ system where capital markets complement banking sector

Finance minister stresses ‘more balanced’ system where capital markets complement banking sector

Aurangzeb says a “strong and well-functioning capital market was vital for sustainable economic development”.

Published 11 Mar, 2026 06:44pm

KSE-100 ends lower after early rally loses steam

KSE-100 ends lower after early rally loses steam

Session remained volatile, with KSE-100 index fluctuating between an intraday high of 158,624.51 points and a low of 155,652.35 points.

Updated 11 Mar, 2026 02:07pm

Tanker drivers claim they are facing long waits at depots due to fuel shortage

Tanker drivers claim they are facing long waits at depots due to fuel shortage

“There is no petrol at the depot for the past four days,” says one tanker driver.

Published 11 Mar, 2026 02:42pm

Editorial: The new austerity measures sit uneasily alongside govt’s own recent spending patterns

Editorial: The new austerity measures sit uneasily alongside govt’s own recent spending patterns

Back to the 1970s? Investors brace for return of stagflation

Back to the 1970s? Investors brace for return of stagflation

Why is Asia so reliant on Middle Eastern oil?

Why is Asia so reliant on Middle Eastern oil?

Highlights

US tariff reprieve sparks scramble and scepticism in China’s export hubs

US tariff reprieve sparks scramble and scepticism in China’s export hubs

Navigating turbulences of conflict

Navigating turbulences of conflict

Digital wallet and power shifts

Digital wallet and power shifts

South Korea warns Iran’s crisis could disrupt supply of key chipmaking materials

South Korea warns Iran’s crisis could disrupt supply of key chipmaking materials

A rare policy alignment for exports

A rare policy alignment for exports

AI in the corporate sector

AI in the corporate sector

Business & Finance

Navigating turbulences of conflict

Navigating turbulences of conflict

Pakistan Cables’ new manufacturing could help it weather supply disruptions and rising metal prices.

War-driven energy insecurity

War-driven energy insecurity

The ongoing US-Israel-Iran conflict means higher oil prices, volatile LNG markets, transport inflation and uncertainty in cross-border electricity supplies.

Addressing fuelflation in the agriculture sector

Addressing fuelflation in the agriculture sector

We must reduce its reliance on fossil fuels and adopt energy-efficient farming, or global shocks will keep raising costs and straining rural life.

In the eye of a perfect storm

In the eye of a perfect storm

As the conflict-ridden global front carries on, Pakistan grapples with its first wave of supply disruptions as domestic oil prices rise by Rs55 per litre.

Austerity — an ineffective slogan

Austerity — an ineffective slogan

Real growth cannot emerge under policies that punish formal economic activity.

Digital wallet and power shifts

Digital wallet and power shifts

Digital wallets produce documentation that offers a feeling of personal possession that women still struggle to obtain due to lack of visibility.

KSE 100-share index fluctuations

KSE 100-share index fluctuations

Chart by Mohammad Zeeshan Ali Khan

Rupee report: Weekly rupee-dollar parity

Rupee report: Weekly rupee-dollar parity

Chart by ZA

Newspaper

Saudi Arabia activates desert oil pipeline

Equities falter amid persistent war-driven volatility

Oil imports on CIF basis allowed for 60 days

Govt keen on capital market development

Energy spike shrinks room for rate cuts

Textile exporters warn of disadvantages

Acquisition cleared

PSX rallies 9,697 points after overnight meltdown

Oil plunges 15pc amid ‘hopes’ of de-escalation

Remittances steady, but war risks loom

Petroleum imports boost Pakistan’s reserves

Auto sales rise 43pc in July-February

FBR asked to boost tax collection

Govt to table SOE bills for IMF compliance

Meltdown on PSX: index loses 11,015 points on oil surge

High interest rate to hit economy in war times, warn businesses

Crude soars past $100 per barrel

5G spectrum auction today

ZTBL cuts fuel usage

Urea, DAP supply lines open

No shortage of edible oil: PVMA

Karachi Port waives demurrage charges to ease congestion

Senate panel to expose fuel price hike beneficiaries

Navigating turbulences of conflict