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ESG funds proposed to draw investment

[ It will allow investors to earn returns while supporting businesses and projects that meet certain standards ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed the launch of environmental, social and governance (ESG) mutual funds to promote sustainable investment and offer new opportunities to investors. The proposed ESG funds will allow investors … Read more

Petrol pump owners threaten nationwide shutdown over commission dispute

Accuses government of not inviting in meetings, says commission should increase when fuel prices rise People wait for their turn to get fuel at a petrol station in Peshawar. Photo: Reuters/ File ISLAMABAD: The Pakistan Petroleum Dealers Association (PPDA) and the All Pakistan Petrol Pump Owners Association (APPPOA) on Tuesday warned of a nationwide closure … Read more

Fuel supply stable, retail data lags

[ Cabinet told diesel stocks provide 25 days cover as Ogra dashboard faces reporting shortfall ISLAMABAD: The Cabinet Committee to Monitor Petrol Prices met on Monday under the chairmanship of the Federal Minister for Finance and RevenueMuhammad Aurangzeb to review the petroleum supply situation and market conditions following the recent price adjustment, according to a … Read more

Fuel costs and fiscal realities: Pakistan’s tightrope walk

[ Pakistan faces rising fuel costs due to imports; govt balances price hikes with targeted subsidies and relief measures KARACHI: Fuel price increases in Pakistan almost always trigger a strong public reaction. That response is understandable, given the direct impact on household budgets. But these recurring adjustments, and the policy responses that follow, are best … Read more