Business
PSC to supply six cotton varieties for early sowing | The Express Tribune
ISLAMABAD:
The Punjab Seed Corporation (PSC) will provide certified seed of six cotton varieties to farmers across the province for the ongoing early sowing campaign.
Talking to Wealth Pakistan, Shahid Qadir, Director of Punjab Seed Corporation, said the varieties available for sale are SS-32, SS-102, NIAB-878, NIAB-Kiran, NIAB-Sanib and NIAB-545. He said the price of certified fuzzy seed of approved varieties has been fixed at Rs3,700 per 10kg bag, while certified delinted seed will be available at Rs2,500 per 5kg bag. He added that the seed will be available at all PSC sales centres and through its authorised dealers to ensure smooth and timely supply to farmers.
The Punjab government has set a target of bringing 0.7 million acres under early-sown cotton in the southern and central Punjab divisions of Multan, Sahiwal, Faisalabad, Sargodha and DG Khan. Cotton cultivation will also be promoted in the Bahawalpur division under the traditional sowing window, as the provincial government plans to develop Bahawalpur into a dedicated cotton valley.
Early sowing of cotton, which was discouraged in Punjab a few years ago due to fears of pest attacks, has gained traction over the past couple of years amid changing climate patterns, experts say. “There is no doubt that early cultivation of cotton was counterproductive in the past, but changing climate conditions have necessitated early sowing to achieve better crop yields,” said Sajid Mehmood, Head of Technology Transfer at the Central Cotton Research Institute (CCRI), Multan.
He said triple-gene varieties are recommended for early sowing in Punjab, stressing that effective crop management remains critical for optimal growth and productivity of any variety.
He added that for healthy cotton cultivation, daytime temperatures should range between 28 and 32 degrees Celsius, while nighttime temperatures should remain between 16 and 18 degrees Celsius. “At these temperatures, cotton can grow well in this region,” Sajid said.
According to the ginners’ community, cotton cultivation is likely to increase this year due to the efforts of the Sindh and Punjab governments to promote early sowing.
“Cotton cultivation began in the coastal districts of Sindh — including Badin, Thatta, Sanghar, Tando Mohammad Khan, Fazil Rahu and Gharo — during the second week of February. It is now underway in Punjab as well,” said Ihsanul Haq, Chairman of the Cotton Ginners Forum.
He expressed hope that an increase in cultivated area and production would significantly reduce Pakistan’s reliance on imported cotton.
Business
Gold prices rise rebound in Pakistan after recent decline – SUCH TV
Gold prices in Pakistan have risen again at the start of the business week after several days of decline, according to the All Pakistan Bullion Market.
The price of gold per tola increased by Rs 800, reaching Rs 493,962.
Similarly, the price of 10 grams of gold rose by Rs 686 to Rs 423,492.
In the global market, gold also recorded an increase of $8 per ounce, reaching $4,716.
Experts say global economic uncertainty, currency fluctuations, and investor preference for safe-haven assets are driving the upward trend in gold prices.
They add that changes in international markets directly impact Pakistan’s local bullion rates, leading to continued fluctuations in domestic prices.
Business
Anta: The Chinese sports brand taking on Nike and Adidas
Now one of the biggest sportswear firms, Anta’s rise follows a playbook adopted by many Chinese giants.
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Business
Gold price prediction today: Will gold prices continue to be volatile? Key levels to watch out for April 27, 2026 week – The Times of India
Gold price prediction today: Gold prices will closely track movements on the rate decisions by several central banks, including the US Federal Reserve, this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold is currently consolidating after sharp swings in a broad range, indicating a pause rather than a reversal. Price action shows a higher-high structure intact, but the recent sideways movement suggests indecision near the upper supply zone around 158,000–160,000. The formation resembles a short-term flag/triangle continuation pattern, where a breakout on either side will define the next directional move. Volume has tapered slightly, reinforcing the consolidation narrative.Gold prices recently moved from the upper band toward the mid-band (20 DMA), and are now attempting to stabilize. The bands have started to contract, signaling a potential volatility expansion ahead. Sustaining above the mid-band (~150,500–151,000 zone) keeps bullish bias intact, while a breakdown below this could trigger a deeper mean reversion toward the lower band.For the week, immediate support for gold prices is placed at around Rs 150,500, which is followed by stronger support near Rs 148,500. On the upside, the resistance stands at around Rs 155,500, and after that the key supply zone is at Rs 158,000. A decisive close for gold above Rs 158,000 levels can then resume the broader uptrend. However, a break in gold prices below levels of Rs 148,500 may shift the momentum to bearish in the near term.The economic docket is filled with data points and events this week as the focus will be on FED, BOJ, ECB and ECB policy meetings. US consumer confidence, GDP, inflation and durable goods orders data will also be in radar.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
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