The uncertain political situation kept investors away from active market participation on Monday. JS Global said the range-bound activity is likely to continue going forward. The main opposition party led by former premier Imran Khan is holding a long march to the capital to demand early general elections. “We recommend investors should wait for political clarity before availing this downsid
The Global Economy is transitioning to a new multipolar world order, the most significant shift in the global balance of power since the second world war. The Russia–Ukraine war has accelerated this transition that was already underway with the BRIC (Brazil, Russia, India, China) countries rising contribution to global production and trade, outstripping the growth in the US and EU economies in the
When was the last time a Pakistani brand changed or at least challenged the way consumers think, behave or buy? Have you ever thought about the difference it would make if some of the top brands decided to hold on to their advertising spending? Why does a top biscuit or tea brand need to advertise? Wouldn’t the distribution muscle, store visibility and push strategy be enough for sales and busines
Finance Minister Ishaq Dar on Monday announced that there would be no change in the prices of petroleum products for the next fortnight. "The government has decided that the prices of petroleum products at this moment, from Oct 16, will be maintained for the next 15 days. There will be no change in them," he said in a press conference in Islamabad. The current prices for petrol are Rs224.80
After exceeding projections for several months, the Federal Board of Revenue (FBR) missed its collection target for October by 17 per cent, or Rs88 billion, owing to a sharp drop in imports, showed provisional data on Monday. The provisional revenue collection stood at Rs512bn in October as against the target of Rs600bn. This reversal of the collection trend forced Finance Minister Ishaq Dar no