Business

Rice prices have jumped 5% in Asia since India's announcement

Adapting to climate change is exceedingly costly, especially for Pakistan

Currency has tumbled repeatedly in past 15 years from Rs60 to Rs240 per dollar

Attempts to bring down inflation via conventional measures will be politically costly

Investing in piece of land considered one of safest options of money dumping

Short-term solutions like aid cannot address challenge of rebuilding infrastructure, rehabilitation

San Francisco-based Bolt was last valued at $11 billion after a funding round in January

Union members walk out in protest citing health, safety concerns

Senator says housing expo will give fresh push to construction sector

Changes to EU fiscal rules to be proposed in October

Bannu West field estimated to contain country’s largest hydrocarbon reserves

Finance minister insists tough decisions have staved off risk of default

Livestock displacement, fodder shortage result in 20-30% reduced supplies

World Bank may club two policy loans with many tough conditions

Benchmark KSE-100 index drops 361 points to settle at 41,948

Fed’s quantitative tightening may make this year more brutal for markets

Automaker gears up to expand in US market

Exchange-traded fund consists of govt securities that will offer fixed return

Currency selling with difference of Rs10-12 per dollar in open, inter-bank markets

Decision made to send positive signal to Beijing ahead of PM Shehbaz’s visit

Govt asks private sector to take leading role in propping up economy

Reduction applicable for one month to all consumers except lifeline users

Needs to immediately import 2.5m bales to meet export orders

Still set for weekly drop on demand fears, rate hikes

Market participants said there was no particular trigger for the gains beyond a broad upbeat mood

The economy grew by 3.5% in annual terms but shrank 0.4% in the first half of 2022

LPG bowsers are stuck at different locations of the provinces

Decline comes due to surge in surcharges, cut in finance cost

Continued rupee depreciation raises cost of imported raw material, parts

This indicates risk of default on international payments

Lower consumer rates will be applicable for September

Russia threatens to stop oil, gas exports if price caps imposed

Telecom sector seeks urgent policy interventions to remedy ‘digital emergency’

Country will hold OIC Trade Fair with focus on businesswomen in June 2023

State Bank’s reserves bolstered by release of latest IMF tranche

LPG cylinders were randomly stacked in the basement of some commercial, residential buildings

'Govt focused on power generation based on domestic sources that are hydel, solar, Thar coal, wind and nuclear'

Enquiry initiated upon receiving concerns that undertakings were collectively deciding pricing of float glass

Some cabinet members have approved appointments to key slots

35% of standing rice crop was damaged in Sindh and 29% in south Punjab

Restrictions on clearance of textile machinery likely to impact booked orders

Price of gold increases by Rs750 to Rs150,850 per tola in Pakistan

Changes mixing ratio for local, imported wheat to improve flour quality

Envoy asks industry to meet African nation’s needs, export surplus to others

Markets concerned about slowing demand, higher energy prices and interest rates

Financial advisers will carry out valuation of two LNG power plants for privatisation

T-bills’ auction came as government was to repay the maturing papers worth Rs1.028 trillion to the commercial banks

Affected crops include cotton, sugarcane, rice, wheat and maize

Pak-China collaboration to boost home appliance industry

Ministry unaware of mandatory currency declaration by international passengers