Business

Burgeoning trade deficit that has surpassed $39 billion in the first 10 months of the current fiscal year

Minister said that the country’s current account deficit during April came down to $623 million

Benchmark KSE-100 index gains 117.26 points to settle at 43,100.71

Project aimed at transferring redundant technology from China

Govt will still be monitoring everything strictly to ensure demand will be met with affordable prices, says president

Surging global commodity costs inflate country’s import bill to record

Two oil and gas fields closed for annual maintenance

China-based Auto Group plans to enter a joint venture with AKD Group Holdings; set up plant near Port Qasim

'Process has been terminated due to the considerable uncertainty in current market conditions'

Central bank gives no reason for decrease in reserves

IT minister stresses sector needs to upgrade infrastructure to improve services

Say any unwise decision will cause damage to exporting sectors

Meets pre-qualified bidders for Pakistan Steel Mills

Cabinet gives go-ahead to continue Afghan transit trade until new agreement is signed

Former govt failed to resolve chronic issues that lead to external sector crisis

Finance minister gives assurances in virtual meeting with IMF mission chief

Expert says country badly needs resumption of IMF Package

It was informed by SMEDA CEO Hashim Raza in a meeting with the local SMEs

Lament decline in production due to host of reasons including climate change

The forum also discussed the progress on vehicle tracking and verification process by manufacturers and companies

Expects more European firms to invest, take benefit of ease of doing business in Pakistan

Gives go-ahead to World Bank-funded agri-transformation scheme for Punjab

Govt raises Rs300b through T-bills auction against target of Rs500b

Completes technical and customer experience training

Recovers partly but still hits fresh record low at 198.39

Advises public to restrain from buying products, services of such offshore platforms

Businessmen term it need of the hour to avert economic crisis

Brent crude fell 13 cents to $114.11 a barrel by 1654 GMT

Bank reports Q1 loss, faces increasing shareholder unrest

Finance minister says reforms underway to put economy on sustainable growth path

SNGPL will not act as monopoly, promote level playing field for all

Global players believe regular trade will halt fraud, capital flight

Govt mulls over increasing regulatory duties up to 100% to ease pressure on rupee

Oil ministry draws up alternative plans to provide targeted subsidy for poor

Induction of DGs within permissible technical limits, either through net-metering or in isolated mode

Currency hits record low at 195.74 as ‘SBP steps in to arrest free fall’

Pulled out $12m in a day in wake of sharp rise in Pakistan’s default risk

Benchmark KSE-100 index adds 58.74 points to settle at 42,726.06

Currency loses value for eighth consecutive day amid lack of govt action

Positive signs emerge as Covid receding in hardesthit areas of China

He urged the government to formulate policies to encourage and promote women entrepreneurs

Call for overhaul of POS system by removing technical issues

Speculative buying fuels higher demand for petroleum products

Surpasses $1.1b in 2021 on back of efficient land-based shipping

Free-fall continues for 7th consecutive day; currency dips below Rs194 vs dollar

Data agency under pressure to announce suppressed numbers

Seems reluctant to take bold decisions to arrest the widening current account deficit

Of the total subsidy amount, Rs91b is the cost of indecisiveness by the government of Prime Minister Shehbaz Sharif

Benchmark KSE-100 index plunges 819.14 points to settle at 42,667.32

Experts say balance of payment crisis mounting pressure on PKR