Monitoring Report

Headlines

Q1 profit reaches Rs3.1 billion from Rs4 billion loss, revenue rises 58% as Telenor integration boosts growth

Headlines

Mosamiyat–Numaish section scrapped, project cost rises to Rs103 billion from Rs79 billion with completion now pushed to 2026

Headlines

Finance Ministry seeks three consortia for international issuances as Global Medium-Term Note Programme and Sukuk programmes set for renewal; bids due May 25 as part of three-year funding plan

Headlines

Tribunal bars Section 113 levy in loss cases, strikes down additions beyond Section 122(5A) scope and grants relief to bank

Headlines

Coal stocks at Sahiwal plant fall to few days, issue taken to PM as 1,500-1,800MW supply concerns emerge 

Headlines

Shares hit upper limit from Rs12 floor, company to raise Rs955.84 million as retail subscription opens April 27-28; proceeds to be used to set up pasteurisation plant, expand poultry flock capacity 

Headlines

Benami accounts used to route sales proceeds, tax evasion alleged as banker arrested and probe expands

Headlines

Weighted average tariff to fall from 10.6% to 7.4%, no new regulatory duty to be imposed, duties on vehicles to be capped at 15%

Headlines

Court rules cost equalisation adjustment qualifies as business expense under Section 20, overturns tribunal decision

Headlines

Auto-issuance through IRIS if no action taken as exemption allowed under Section 7F regime from Section 236C tax

Headlines

Exporters call for a unified federal-controlled policy, taxation and incentives to avoid overlapping regulations with provinces; restoration of the Export Facilitation Scheme to its earlier structure; reinstatement of regionally competitive energy tariffs; and reduced interest rates

World Business News

UN warns conflict may push inflation higher and weaken exports, urges shift to domestic demand and clean energy