4M Business Consultants

As the blessed month approaches, we decided to prepare a pocket calendar for you. Hope it will remain helpful to you throughout.

Design credits: Majid Aslam

𝐅𝐞𝐝 𝐑𝐚𝐢𝐬𝐞𝐬 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐑𝐚𝐭𝐞𝐬 𝐀𝐧𝐨𝐭𝐡𝐞𝐫 𝟕𝟓 𝐁𝐚𝐬𝐢𝐬 𝐏𝐨𝐢𝐧𝐭𝐬—𝐅𝐮𝐫𝐭𝐡𝐞𝐫 𝐏𝐮𝐬𝐡𝐢𝐧𝐠 𝐁𝐨𝐫𝐫𝐨𝐰𝐢𝐧𝐠 𝐂𝐨𝐬𝐭𝐬 𝐓𝐨 𝐇𝐢𝐠𝐡𝐞𝐬𝐭 𝐋𝐞𝐯𝐞𝐥 𝐒𝐢𝐧𝐜𝐞 𝐆𝐫𝐞𝐚𝐭 𝐑𝐞𝐜𝐞𝐬𝐬𝐢𝐨𝐧 – 𝐍𝐞𝐠𝐚𝐭𝐢𝐯𝐞

At the conclusion of its two-day policy meeting on Wednesday, the Federal Open Markets Committee said it voted unanimously to raise the federal funds rate (the rate at which commercial banks borrow and lend reserves) by 75 basis points for the fourth meeting in a row to a target range of 3.75% to 4%—the highest level since early 2008.

Fed Raises Interest Rates Another 75 Basis Points—Further Pushing Borrowing Costs To Highest Level Since Great Recession Some sectors of the economy have already started tanking, but the Fed’s work in taming inflation is far from over.

𝐗𝐖𝐃𝐢𝐬𝐜𝐨𝐬 𝐬𝐞𝐞𝐤 𝐑𝐬𝟐.𝟏𝟎 𝐩𝐞𝐫 𝐮𝐧𝐢𝐭 𝐡𝐢𝐤𝐞 𝐢𝐧 𝐭𝐚𝐫𝐢𝐟𝐟, 𝐊𝐄 𝐑𝐞𝟎.𝟓𝟎𝟖𝟕 - 𝐍𝐞𝐠𝐚𝐭𝐢𝐯𝐞

The electricity consumers are likely to face another power price hike as National Electric Power Regulatory Authority (NEPRA) has received petitions seeking an increase in tariff for ex-Wapda Power Distribution Companies (XWDiscos) and KE by Rs 2.10 per unit and Re0.5087 per unit respectively.

XWDiscos seek Rs2.10 per unit hike in tariff, KE Re0.5087 ISLAMABAD-The electricity consumers are likely to face another power price hike as National Electric Power Regulatory Authority (NEPRA) has received petitions

𝐏𝐨𝐰𝐞𝐫 𝐬𝐞𝐜𝐭𝐨𝐫: 𝐂𝐢𝐫𝐜𝐮𝐥𝐚𝐫 𝐝𝐞𝐛𝐭 𝐭𝐨𝐮𝐜𝐡𝐢𝐧𝐠 𝐑𝐬𝟐.𝟔𝐭𝐫𝐧 𝐦𝐚𝐫𝐤 - 𝐍𝐞𝐠𝐚𝐭𝐢𝐯𝐞

The country’s power sector’s circular debt is reportedly touching Rs 2.6 trillion mark at present against Rs 2.252 trillion on June 30, 2022, posting a growth of Rs 303 billion in just the first four months of FY 2022-23

Power sector: Circular debt touching Rs2.6trn mark ISLAMABAD: The country’s power sector’s circular debt is reportedly touching Rs 2.6 trillion mark at present...

𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐬𝐞𝐫 𝐬𝐞𝐜𝐭𝐨𝐫 𝐚𝐬𝐤𝐬 𝐠𝐨𝐯𝐭 𝐭𝐨 𝐫𝐞𝐯𝐢𝐞𝐰 𝐞𝐧𝐟𝐨𝐫𝐜𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐭𝐫𝐚𝐜𝐤 𝐚𝐧𝐝 𝐭𝐫𝐚𝐜𝐞 𝐬𝐲𝐬𝐭𝐞𝐦 - 𝐍𝐞𝐮𝐭𝐫𝐚𝐥

Fertiliser industry has asked the government to review the enforcement of track and trace system, which is suffering from serious operational issues.

Fertiliser sector asks govt to review enforcement of track and trace system ISLAMABAD-Fertiliser industry has asked the government to review the enforcement of track and trace system, which is suffering from serious operational issues.

𝐎𝐢𝐥 𝐬𝐚𝐥𝐞𝐬 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐛𝐲 𝟗𝐩𝐜 𝐌𝐨𝐌 – 𝐍𝐞𝐮𝐭𝐫𝐚𝐥

Pakistan oil sales in October 2022 increased by 9.0 percent on month-on-month basis to 1.66 million tons mainly due to improved mobility of vehicles post-floods, start of Rabi sowing season and decline in prices compared to previous month.

BR-ePaper | Oct 25, 2022 | Page Front Page 1

𝐑𝐌𝐁 𝐜𝐥𝐞𝐚𝐫𝐚𝐧𝐜𝐞: 𝐒𝐁𝐏 𝐬𝐢𝐠𝐧𝐬 𝐌𝐨𝐔 𝐰𝐢𝐭𝐡 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐛𝐚𝐧𝐤 - 𝐍𝐞𝐮𝐭𝐫𝐚𝐥

The State Bank of Pakistan (SBP) and Peoples Bank of China (PBoC) signed a Memorandum of Understanding (MoU) on establishing RMB (Chinese currency) clearing arrangements in Pakistan.

RMB clearance: SBP signs MoU with Chinese bank KARACHI: The State Bank of Pakistan (SBP) and Peoples Bank of China (PBoC) signed a Memorandum of Understanding ...

𝐆𝐨𝐯𝐭 𝐫𝐚𝐢𝐬𝐞𝐬 𝐑𝐬𝟒𝟓𝟒𝐛𝐧 𝐟𝐫𝐨𝐦 𝐓-𝐛𝐢𝐥𝐥 𝐚𝐮𝐜𝐭𝐢𝐨𝐧 - 𝐍𝐞𝐮𝐭𝐫𝐚𝐥

The government on Wednesday raised Rs454 billion from the treasury bill auctions against the target of Rs600 billion as yields remained flat compared to the previous auction held on October 19, results published by the State Bank of Pakistan showed.

Govt raises Rs454bn from T-bill auction - Mettis Global Link - News The government on Wednesday raised Rs454 billion from the treasury bill auctions against the target of Rs600 billion as yields remained flat

𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐨𝐥𝐚𝐫, 𝐰𝐚𝐭𝐞𝐫, 𝐨𝐭𝐡𝐞𝐫 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬: 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐟𝐢𝐫𝐦𝐬 𝐚𝐜𝐜𝐞𝐩𝐭 𝐏𝐌’𝐬 𝐨𝐟𝐟𝐞𝐫 - 𝐏𝐨𝐬𝐢𝐭𝐢𝐯𝐞

The leading Chinese companies during the official visit of Prime Minister Shehbaz Sharif to China have shown their keen interest in making investment in Pakistan’s solar, water and other infrastructure projects.

Investment in solar, water, other projects: Leading Chinese firms accept PM’s offer * Shehbaz encourages them to invest in Pakistan’s alternative energy resources including the wind turbine power plants