KARACHI: The first four months of the current fiscal year proved to be another milestone for the auto sector where…
Economy
“MSCI Pakistan Indexes will be reclassified from EM to FM in one step coinciding with this index review,” the statement reads.
According to details, 3 Pakistani securities will be added to the MSCI FMI at an aggregate weight of 1.25%.
According to some financial experts, the PSX reclassification in FMI would support companies to regain their share prices.
The US dollar is being black-marketed in the open markets in Pakistan at 178 rupees in the absence of a check and balance system.
This planning was discussed in the recent meeting of the Cabinet Committee on Energy (CCoE), held on Thursday (Nov 11).
• Spokesperson says out of Rs821bn, amount related to federal govt departments deposited with ministry
• Indirect recovery handed over to relevant quarters
During a price control meeting chaired by Imran Khan, it was revealed that there is an ample supply of sugar in the country.
The meeting decided to initiate strict legal action against hoarding and profiteering.
Imran Khan says govt is taking all possible steps to reduce the burden on the poor.
SBP has said that no new currency notes are coming and no such proposal is under consideration. Any such news…
The ‘powerful circles’ had highlighted the suspicious involvement of some civil indenters who had ruined the project earlier.