News

1- NBP’s role in agri 2- Webinar on citrus pests 3- PJBF elects new board 4- SECP’s ballot amendments 5- OGDCL Parco MoU 6- UBL’s AML measures

Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world’s second-largest oil consumer. Brent crude futures nudged 7 cents lower to $86.24 a barrel by 0746 GMT, while US West Texas Intermediate crude was at $82.47 a barrel, down 6 cents. Both contracts notched their fourth weekly gain last week - the longest-such streak since mid-2022

India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Monday, an announcement that could deepen bilateral commercial ties that have flourished since war broke out in Ukraine. The FTA talks mark a step-up in economic relations between the two countries despite calls from Western countries for India to gradually distance itself from its dominant weapons

Large-scale manufacturing (LSM) shrank 11.6 per cent in February over the same month last year causing massive layoffs, especially in export-oriented textile industries, showed data released by the Pakistan Bureau of Statistics on Monday. The slowdown in industrial output is mainly contributed to the textile and clothing industries because exports from the sector posted double-digit declines. I

Saudi Arabia and the United Arab Emirates (UAE) are buying petroleum products from Russia at steep discounts, ignoring US objections, the Wall Street Journal (WSJ) reported on Monday. Last year, the United States and its Western partners imposed strict sanctions on Russia for invading Ukraine, cutting off Moscow from its traditional trading partners. This has forced Russia to sell its products