Business

KSE-100 Index declined to a two-month low of 42,443 points

Economic, political fortunes swinging at unprecedented pace that requires bold calls

Situation requires astute policymaking but political turbulence a stumbling block

Sharp imbalances on external, budgetary fronts need to be tackled with drastic measures

Current year projected to see falling growth rates, upward price movement

There must be no politics on mega project, point scoring by any party

Govt moves to restrict current account deficit to $10b in next fiscal year

Govt planning to withdraw POL subsidies in phases

Gasoline prices resumed their upward trend this month, setting an average record high of $4.432 per gallon

The estimate was unveiled as part of an interim report on the country’s clean energy strategy

Subsidy on petrol should be abolished so that the competitive fuel providers can do business at the same price

Say they will face extra cost, time in getting copy of land record

Wants free hand in regulatory decisions without involvement of provinces

Documentation work was completed to start work on this 306km-long motorway soon

Depleting forex reserves, dwindling rupee kept investors at bay

Say Pakistan heading towards Sri Lanka-like crisis situation

Planning ministry seeks to reduce number of ongoing schemes by up to 90%

Envoys promise cooperation in forging business linkages

Stress locally manufactured cheap solar panels can help overcome energy crisis

LSM sector grows 10.4% in Jul-Mar

Global provider of indexes makes announcement in Semi Annual Review

Wants to expand operations in Pakistan

It is Pakistan’s largest healthtech investment in Pre-series A round

EU embargo on Russian oil will completely disrupt global trade flows

Shah says govt making efforts to reduce cost of manufacturing, remove irritants

They urged the minister to immediately address the challenges in order to give a boost to the industry

Tax revenues jumped 29% during the nine-month period, when the FBR collected Rs4.38 trillion

The new price is higher by $6.2152 as compared with the rate of $15.6165 per mmbtu

Govt will have to allocate Rs76b in subsidy for second fortnight of May

Beat market expectations as inflows touch $3 billion mark in April

Benchmark KSE-100 index soars 588.02 points to settle at 43,486.46

Pressure on the rupee is mounting due to rising interest rates, says finance minister

State finance minister hesitant to back projection of single-digit inflation in FY23

It will ensure robust economic growth, logistic activities at port, in entire region

Policy requires manufacturers to initiate exports to help develop industry

Energy contribution of hydel electricity will rise to 57 billion units, increase of 20 billion units by 2026

Pakistan lagging behind in race for clean, inexpensive power production

China’s high-quality, high-yield rice varieties widely promoted in Pakistan

Miftah links rupee’s recovery to coming out of PTI-IMF deal’s clutches

Funds will be paid to oil firms to cover price differential claims for May

Decrease comes on back of external debt repayments

Experts believe sales plunged due to govt’s restrictive measures

Depreciates by Rs1.75 to stand at Rs191.77 against dollar

The three-day long exhibition will provide a platform for business-to-business and business-to-consumer meetings

Three-day gems, jewellery and fashion exhibition organised by the RCCI, held in Islamabad

A pending EU ban on oil from Russia, a key supplier, is anticipated to further tighten global supplies

Throws challenge to new administration, asking it to match performance

Decrease comes on back of external debt repayments

The new $798.7m plan will be funded by a $192.5m loan from IDB and $606m in grants from GPEI

Japanese giant saw its shares slide more than 5% on Wednesday