News Desk

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Domestic production meets only 10% of demand as government targets up to 70% self-sufficiency without announcing funding

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Tomato prices surge 35.39% and LPG 11.03% during week ended on June 11, while onions, fuel and flour record sharp annual hike; global volatility in oil prices could affect domestic inflation 

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Move completes legal requirements for sale of 75% stake to Arif Habib-led consortium for Rs135bn; transaction documents were signed in January

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Order remains in effect until July 2026; court to consider whether additional injunctive relief should be granted

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Proposed transaction could trigger public offer for at least 50% of remaining voting shares; deal size and percentage remain undetermined

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Agreements expected to boost future profitability of Nextar Pharma, which is being renamed Searle Biopharma

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Economic Survey reports 6.5% growth in large-scale manufacturing, 8.5% expansion in small-scale industry and 51% rise in car production during July-March; Manufacturing and mining together contributed 13.5% to GDP

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Survey links stock market gains to improving macroeconomic indicators, lower inflation, stronger external account, investor confidence and progress under IMF programme

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Initial deployment phase worth $2.6 million over two years, followed by annual subscription and support revenue of $300,000 for three years

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Auction draws bids worth over Rs921bn, with cut-off rates set at 12.89% for one-year Sukuk and 11.84% for 10-year variable-rate papers