KARACHI: The Karachi Cotton Association on Friday fixed the official spot rate or base price for Grade 3 cotton at 5,144 rupees per maund (40 kg). Grade 3 cotton has a staple length of 1-1/16" (inches) and micronaire value between 3.8 to 4.9 NCL (no control limits) which represents fine to coarse classes of cotton varieties. In the kerb market the key crop varieties traded in the range of 4,300 to 5,100 rupees per maund.
SECP blocks inactive companies from opening new bank accounts
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Saturday declared 39,704 companies “Inactive by Registrar” for failing to...
