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Banks boost lending to avoid tax

Take measures to discourage deposits, against banking norms; ADR jumps to 44pc from 39pc in a month.

Updated 21 Nov, 2024 08:14am

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
LSEFSLXD	7.6000	1.0000	15.15 ▲	430,486
FPRM	8.5900	0.9900	13.03 ▲	126,572
ASL	8.7600	0.9600	12.31 ▲	48,137,561
SGPL	8.6600	0.9400	12.18 ▲	52,379
TPLI	10.2900	1.0000	10.76 ▲	375,268

Company	Price	Change	Change %	Volume

Source: PSX | Updated Nov 20, 2024

Production, export of petroleum products rise

Data compiled by the PBS shows petroleum crude imports increased by 16.80pc in value, 30.98pc in quantity in the July-October FY25 from a year ago.

Updated 21 Nov, 2024 08:19am

Acute food insecurity drops in year’s second half: report

Bureau for Humanitarian Assistance provides $5.3m in nutrition support to prevent, treat acute malnutrition during FY2024.

Updated 21 Nov, 2024 08:54am

Call for Pakistan Steel Mills’ speedy revival

NA committee takes notice of non-payment of dues to retired employees, disconnection of gas supply, electric tariff, water supply issue.

Updated 21 Nov, 2024 08:58am

Fresh policy to transition 30pc vehicles to electric by 2030

Rs50,000 subsidy for electric bikes, Rs200,000 for rickshaws announced; Pama raises concerns over NEV policy’s impact on local auto industry.

Updated 21 Nov, 2024 08:15am

Johnson & Johnson risks UK lawsuit over talc cancer claim

“Johnson & Johnson takes the issue of talc safety incredibly seriously and always has,” says &J’s worldwide vice president of litigation.

Updated 21 Nov, 2024 09:02am

Nepra estimates Rs1.6 fall in average tariff

Businessmen say govt indicated that a revision in base national tariff will be reviewed in January.

Published 21 Nov, 2024 07:44am

PSX sees profit-taking on political noise after record-high bull run in intraday trade

Analyst says political instability a major risk to bull run.

Updated 20 Nov, 2024 03:32pm

Japan ramps up tech ambitions with $65bn for AI, chips

Analysts warn that uncertainty remains over worker shortages, electricity supply for energy-hungry AI data centres.

Updated 20 Nov, 2024 03:41pm

SBP event showcases how well women leaders ‘get’ finance

Female entrepreneurs share success stories, pragmatic advice; data shows banks doled out around Rs24bn to women-led business between July and November this year.

Updated 20 Nov, 2024 10:13am

Highlights

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