Business

Share of Shariah-compliant banking industry growing in overall financial sector

Not providing facility of duty and tax credit to Forex Remittance Card holders

Benchmark index sheds 489.72 points to settle at 47,563.45

Prices on track for weekly loss of nearly 2% dragged down by collapse of OPEC+ output talks

Industry players expected to introduce hybrid electric vehicles under new auto policy

Closes at Rs159.33 against greenback due to rising import payments

Province uses 97% of funds, or Rs300.77b, against allocation of Rs308b

Grills ministry for not implementing cabinet’s decision to award idle capacity

Rs1.14b project awarded through international competitive bidding

"We are disrupting the Indian habit of home-cooked food"

Official says sector has potential to earn $1b through exports

CPEC Authority chairman calls it ‘win-win opportunity’

Stops disbursement of loan due to delay in implementation of conditions

Increase comes following receipt of $1b from China, $440m from World Bank

Hong Kong stocks opened lower, extending losses into a seventh day

Carmakers around the world have started setting timetables to phase out petrol and diesel vehicles

Brent crude oil futures rose 29 cents to $73.72 a barrel

Power division officials say K-Electric a defaulter of Rs61b

Increase comes following receipt of $1b from China, $440m from World Bank

Benchmark KSE-100 index rises 1.7% to settle at 48,053.17

The amendments were introduced after several govt entities sought exemptions from the PPRA rules

Body will be formed to address issues

Minister reviews progress

Rupee weakens against dollar

Will connect transmission with 500 kV Neelum-Jhelum transmission line

Online food delivery service faces charges of abusing its position in market

Minister says auto manufacturers will announce reduction through advertisements

Says implementation of measures can assist in mitigating energy woes of country

Senate panel says surge in notices indicates growing harassment of taxpayers

Counsellors will strive to bring Chinese investment to Pakistan

Experts warn of possible ban on rice shipments to European Union

Minister insists govt making all-out efforts for resolution of exporters’ issues

Report reveals sector’s assets grow 14% to Rs33.92tr during 2020

Benchmark KSE-100 index sheds 98.24 points to settle at 47,247.92

OPEC deadlock puts market in position of risking sizeable undersupply in August

Advises it to float international tender for training pilots on global standards

G20 finance officials will review progress on the debt issue on July 9-10

Lower rank official becomes part of committee to negotiate gas price with Turkmenistan

CAA official says efforts underway to improve infrastructure at airports

Praises exporters for raising foreign shipments despite Covid-19 disruption

FBR fails to take notice as share of untaxed money in real estate sector increases

Seeks focus on branding and marketing to push the two segments

Rupee weakens against dollar

Oil producers abandoned talks as negotiations failed to close divisions within the group

Benchmark index falls 82.96 points to settle at 47,346.16

Hammad Azhar invites Japanese companies to invest in energy sector

Startups receive $85 million in venture capital funding this year

Steep rise in car sales, economic activity drive demand for petroleum products

Manufacturing of motor vehicles fell by 7.9% in May from the previous month

No new date decided for 23 members of OPEC+ group to reconvene