News

Navigating economic perils

During the first quarter of this fiscal year (July-September 2024), corporate profit fell 14 per cent compared to the last year if you measure it in terms of profits earned by the 95 top-performing companies that make up 99pc of the Pakistan Stock Exchange’s 100-index market capitalisation. And that is a very appropriate measure. This finding of a Topline Securities research has already made he

US election ripple — Pakistan’s future

Tomorrow, US citizens will vote to choose their next leader, a decision that will shape not only US domestic policies but also impact a turbulent world grappling with wars, conflicts and transformative shifts in artificial intelligence and global information flows. Will Kamala Harris carry forward the Democratic Party’s commitment to maintaining the US role as a global power despite mounting ch

PBC urges cautious monetary policy

The Pakistan Busi­ness Council (PBC) urged the State Bank of Pakistan (SBP) on Saturday to find a balance while deciding the monetary policy amid calls for a substantial interest rate cut. The central bank should maintain a cautious and steady approach to avoid a sudden spurt in import-based demand that can impact the current account and the exchange rate. PBC Chief Executive Ehsan Malik sai

Strengthening agricultural credit

To achieve higher crop yields and boost overall productivity in Pakistan’s agriculture sector, which currently lags behind comparable countries, it is essential for farmers to apply agricultural inputs such as seed, fertiliser, and pesticide in recommended quantities, at the right times, and with assured product quality. With over 90 per cent of Pakistan’s farmers holding less than 12 acres, th

All bets on new world order

George Galloway, a British politician, has likened the Kazan summit of the Brics (Brazil, Russia, India, China and South Africa) group to the 1944 Bretton Woods conference. “The children unborn will grow up in a world shaped by Brics 2024,” he said in a video posted on social media during the bloc’s conference in the Russian city last month. “This is the future; this is a new world that is stru