Business

OGRA makes request keeping in view high diesel stocks

Efforts of finance minister, SBP, and other institutions in controlling inflation are commendable, says Shehbaz Sharif

Eases to 9.6% but increases in essential items, heavy taxation builds pressure

Memorandum states that the scheme will apply to all employees hired on a permanent basis from 1st July 2024 onwards

KSE-100 index decreases 204.92 points, settles at 78,283.30

Denmark eyes investment in Pakistan's mining sector, focusing on Balochistan's untapped resources and green initiative

Favourable trade policies, disrupted Indian supply present golden opportunity

China leads as top destination, while imports rise by over 51%

Bank aims to widen product portfolio by unveiling credit cards next year

Cabinet committee declares TCP, PNSC and SMEDA as essential entities

Currency dips to Rs278.64/$ as central bank continues dollar purchases

Directs Petroleum Division to prepare revised framework

Textile industry urges 400bps rate cut as FPCCI warns of revenue decline

CPI marked a 34-month low in August with 9.6% inflation, down from 11.1% in July and 27.4% a year ago

British economist's plan echoes suggestions already given by think tanks

Jeff Bezos has acquired an $80 million Gulfstream G700, featuring top speeds of Mach 0.935

Pakistan needs to rethink the role of interest rates in its economic strategy

Advancements in robotic technology enthrall audience at Beijing conference

Capital inflows are temporary as foreign investors invest, withdraw funds swiftly to realize profits

In FY2023-24, ITT services contributed over $3.2b to export earnings

Demand for devices projected to grow to 33 million units in 2024 despite 18% GST

PM backs massive tariff reductions to open economy amid IMF concerns

CM Maryam Nawaz praised for delivering relief in challenging economic times, achieving what many deemed impossible.

Jodia Bazaar protests against rising taxes, energy costs; warn of supply disruptions

KSE-100 index loses 313 points, or 0.4% WoW, settles at 78,488

Will set up first manufacturing unit for inverters, batteries

Say heavy rains threaten livestock across Sindh, require urgent treatment

Indigenous gas supplies cut; exploration companies face financial squeeze

Group expected to complete Pfizer's acquisition in 2 months

Country ranked 46th largest e-commerce market worldwide

Oil prices fell on Friday amid OPEC+ supply hike expectations and strong US consumer spending data.

New rates to be effective from midnight tonight for next fortnight

It will pile pressure on SBP to reduce policy rate significantly

Currency appreciates after two-day decline as supply of US dollars increases

Pakistan sent 13,681MT fruit to 42 countries

Shortfall of Rs111b comes despite record new taxes, threatens mini-budget

KSE-100 index increases 138.55 points, settles at 78,488.22

SPI reading slows down for third consecutive week

Energy sector experts have called for the rapid expansion of solar power

Refineries complain imports being made despite surplus stocks in country

OGDC announces a significant gas and condensate discovery at Baloch-2 well in Sindh’s Sembar Formation

Contemplate reducing client deposits to sidestep additional tax of up to 16%

Industrialists urge govt to enhance trade with Iran, India, Afghanistan to combat smuggling

Traders expecting a 67% chance of a 25-bps Fed rate cut next month and a 33% chance of a 50-bps cut.

KCCI highlights trade opportunities, calls for dismantling barriers

Experts highlight need for long-term policies to sustain growth, attract foreign investment.

State Bank's reserves hit six-week high at $9.4b; rupee falls

Industrialists decry disparity between fuel cost adjustments sought by KE, DISCOs

Pakistan's sugar mills will delay the crushing season until deregulation and surplus stock export issues are resolved

Diversification strategy aims to bolster steel sector amid economic challenges