Fauji Fertilizer Company Limited (FFC) has announced its financial results for the period ended September 30, 2025, as approved in the Board of Directors meeting held on Thursday. Ensuring safe, efficient and reliable operations, FFC Plant sites produced aggregate urea of 2,207000 tonnes whereas DAP production of 622000 tonnes was also achieved during the period. Aggregate fertilizer revenue st
The National Electric Power Regulatory Authority (Nepra) has imposed Rs 25 million fine on Lahore Electric Supply Company (LESCO) due to its failure pertaining to improvement in T&D losses and recovery in FY 2023-24 as compared to FY 2022-23. According to background information, Nepra received a Circular Debt (CD) Report for June 2024, from CPPA-G through an email on July 30, 2024. The report r
The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has raised alarm over the rampant misuse of used car import schemes —originally intended for overseas Pakistanis — which now fuel a Rs 200 billion black market and threaten the survival of Pakistan’s auto parts industry. Introduced under the Gift, Transfer of Residence, and Baggage schemes, these provisions were m
The International Monetary Fund on Friday urged Asia to lower non-tariff barriers and integrate regional trade to reduce its vulnerability to U.S. tariffs and global financial shocks. Trade has been central to Asia’s economic growth with China serving as the supply chain hub for goods production across the globe, which makes it vulnerable to the hit from U.S.-China trade tensions and President
Gold prices eased on Friday and were on track for their first weekly drop in 10, weighed down a stronger dollar and as market participants squared positions ahead of a key U.S. inflation report due later in the day. Spot gold was down 0.2% at $4,118.68 per ounce, as of 0315 GMT. Bullion has fallen 3% so far this week, heading for its biggest weekly percentage drop since mid-May. U.S. gold fu