Business

Regulator approves fuel cost adjustment for February 2021

ECC sends package to federal cabinet for final endorsement

Benchmark index loses 451.12 points to close at 43,953.58

World Bank report reveals unemployment, poverty have increased due to pandemic

OGRA warns OMCs as average stocks cover 15 days of demand as of April 6

Ask govt to create enabling environment, offer investment safeguards

It plans to export 85% of tyre production

Commerce adviser directs ministry to consult all on trade deal with Uzbekistan

Officials tell World Bank VP about steps being taken to streamline power sector

Producers say it is damaging legitimate business, causing losses to exchequer

Industry player highlights issues including unfavourable environment

Hammad Azhar says it will help remove anomalies and ensure equity

PM had given three-month deadline in July 2019 to fill posts in state-run companies

Say private sector, favourable business environment can help revive growth

Aims to make Islamic banking one-third of overall banking industry by 2025

Emphasises need for efforts to provide essential items at fair prices

Hydel tariff rate reduced by Rs1.56 per unit compared to tariff for FY18

Reveals consumers have low confidence, reluctant to make investment

Directs finalisation of timeline-based strategy to promote information technology

The rupee weakened against the US dollar at Rs153.65 in the inter-bank market

The primary objective of these revisions is to promote ease of doing business by simplifying instructions

Ismail stressed that industries played a significant role in the stability of the country

US West Texas Intermediate crude for May dropped $1.60, or 2.6%

Benchmark index rises 856.49 points to close at 44,404.70

Market recoups some of the losses caused by rising OPEC+ supply, infections in India and parts of Europe

According to Binance Research the total number of global crypto users grew to 101 million in the third quarter of 2020

Proposed amendments will not scrap parliamentary oversight over central bank

Exports cannot be accelerated without increasing investment in mobile industry

Petrol prices in Pakistan have been lowest in region, while diesel prices have varied

SBP has enough autonomy as compared with many other central banks including in India and Malaysia

Any reforms to reduce inflation without transforming agriculture are not sustainable

Benchmark KSE-100 index dives 752.74 points to settle at 43,548.21

OPEC+ agreed on Thursday to monthly production hikes from May to July

Around 262 PARC employees were terminated on grounds of illegal appointment

Official says it will turn Pakistani products uncompetitive in global market

Speakers lament no implementation of minimum wage law in Pakistan

Stocks battered as fears of lockdown and impact on economy intensify

Cabinet writes-off income tax on over $3b worth loans lent during past one year

Allows banks to extend loans for purchasing imported grain

Government had put release of funds on hold following investigation

Exporters in meeting discussed issues of Pak-Afghan trade

1,300MW clean power will be transmitted from Tajikistan to Pakistan during the summer season

Appoints Finance Minister Hammad Azhar as vice chairman

Board has proposed interim arrangement until hiring of permanent managing director

Records increase of 44% in March due to significant rise in domestic consumption, exports

Officials brief commerce adviser during meeting to review trade trends

Firm sets up heat treatment facility to remove virus from export consignments

Kaiser Bengali says autonomous SBP will have narrow window to spend on development

WAPDA chief says authority is working on eight mega dams to improve water situation

Reduction in tariff to result in estimated saving of Rs182 billion