The trading week began on the Pakistan Stock Exchange (PSX) on a positive note, but the momentum fizzled out amid a lack of positive news drivers. Topline Securities said investors displayed limited enthusiasm on Monday as they kept waiting for positive triggers. According to Arif Habib Ltd, sustaining the benchmark index above the 46,000-point level is going to be important for additional g
FINANCE ministers in Pakistan are familiar faces, as familiar as SRK was to those who were young in the 1990s, and Bachchan to those who grew up in the 1970s. However, the reason that the men and the occasional woman who lord it over Q Block are well-known is not because they are Bollywood hero material but because, like Dev Anand, they have just been around forever. Consider our current fin
MONETARY POLICY in Pakistan follows an eclectic approach that often shifts between prioritising price stability and economic growth. Currently, we are trapped in a situation where we have neither achieved low and stable inflation nor desirable economic growth. A transparent monetary policy is one in which the central bank clearly communicates its commitment to a goal — in Pakistan’s case achiev
In an unusual public rebuke, the Oil and Gas Regulatory Authority (Ogra) has advised against speculation on petroleum prices, which could “disrupt” the smooth supply chain. In a public statement on Monday, the petroleum regulator emphasised “the importance of avoiding speculations regarding the prices of petroleum products”. Even though the statement excluded any explicit reference, the caut
The Pakistan Institute of Development Economics (PIDE) has identified high tariffs hindering exports. This was stated by PIDE Vice Chancellor Dr Nadeemul Haque along with academia in a meeting with Commerce Minister Gohar Ejaz on Monday. The meeting was centred on the prevailing economic situation in Pakistan. According to an official announcement, Dr Haque raised several issues during the m