Labourers can be seen transferring the wheat sacks in Islamabad. —Online/FileWSMC registered with SECP, structure finalised.Long-term financing to be raised under guarantees.Reform targets storage inefficiencies, fiscal pressures.ISLAMABAD: The government plans to…
Related Posts
SBP raises policy rate by 100bps to 11.5% as inflation risks mount
An undated image of the State Bank of Pakistan building in Karachi. — AFP
The State Bank of Pakistan raised its benchmark policy rate by 100 basis points to 11.5% on Monday, opting for cautious tightening as oil price volatility and renewed inflation risks clouded the…
Tech boosts US stocks to record close, oil dips on signs of Iran peace progress
Traders work on the floor at the New York Stock Exchange in New York City, U.S., April 23, 2026. — ReutersMarkets choppy amid peace talk hopes and corporate earningsS&P 500, Nasdaq notch modest weekly gains. Dow ticks lower on the week.
NEW YORK: The S&P 500 and the Nasdaq…
Refining sector to benefit from higher GRMs amid widening spreads
A view of the newly-commissioned Dangote Petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. — ReutersCrude-HSD spread rises to ~$55/bbl; crude-MS gap at ~$10/bbl.Historical average crude-product spread is $25–$30 per barrel.Feb 2026 refinery throughput…