Business

Currency surges to Rs278.21/$ amid positive economic developments, rising forex reserves

Hopes to enable banks to access over Rs550-600b in cattle purchases via digital banking

Proposes ambitious plans to expand CPEC, requests funding for nine key projects

FPCCI calls for more investments to sustain momentum, enhance food security

NEPRA reviews request; company rules out any impact on consumers

Delegation visits Wapda House, highlights hydropower potential

Instructions issued days before JCC’s 13th meeting being held today

Gains Rs0.17 to Rs278.30/$ on prospects of UAE investment

KSE-100 index gains 157.80 points, settles at 75,114.47

Experts urge govt to facilitate development of SME sector

Ayukawa highlighted Suzuki’s 40-year history of vehicle manufacturing in Pakistan

FJC says imposition of this 20% tax caused sales to plummet 41%

Central bank’s efforts, strong remittance inflows boost reserves to $9.15b

CEO calls for tax restrictions on imports to revitalise sector, bolster revenue by Rs80b

Financing will be given to 3 power projects from discretionary budget of PM, MPs

Ambassador aimed to foster future partnerships and enable Polish entrepreneurs to explore opportunities in Pakistan

KSE-100 index drops 250.10 points, settles at 74,956.67

The global lender has assumed that Pakistani currency will drop to Rs329/$ in the next 13 months till June 30, 2025

Pakistan setting up special zones to promote industrialisation

Says driver of inflation during ongoing episode has been fiscal policy

Lower income of farmers likely to hit tractors, parts demand

Falls to just 13.1% of economy despite SIFC efforts, according to NAC figures

CDWP clears project, though ministry says it is in conflict with IMF programme

Marks second year of low growth, high inflation; further erodes purchasing power

Aims to bolster market dynamics and consumer benefits

Dollar’s global strength piles pressure on Pakistani currency

KSE-100 index increases 122.77 points, settles at 75,206.77

Cabinet committee focuses on maximising market opportunities

Estimates annual revenue losses of Rs310b, calls for govt strategy to combat illicit sales

Contrary to perception, the IMF opposes turnover tax levies, highlighting an ad-hoc approach in tax collection

OGRA revises tariff while determining revenue requirements of public utilities

Proposes levy on immovable property, undocumented and construction businesses

Shift to solar, economic stress compound challenges; experts warn of energy strain

Urges businessmen to make political authorities aware of applying for new regulation

Sheds Rs0.09 to Rs278.30/$ amid surge in trade deficit

Global venture capital investments dropped to a near five-year low in the same period

KSE-100 index declines 258.34 points, settles at 75,084

Suggest measures for reindustrialisation, call for halt to deindustrialisation

Highlights govt’s commitment to economic sustainability

Ex-NEPRA chief stresses no one can stop spread of solar power technology

Tug-of-war between planning, finance ministries threatens FY24-25 development budget

PM Sharif enlists military, intelligence services to enhance governance in these companies

Scores of incentives being offered to attract FDI including tax breaks, simplified process, land grants

The US risks inadvertently bolstering China’s position on the world stage

Investors questioning sustainability of rally as they make profits after long dry spell

As the second most prominent source of exports, easier access to IT products is critical

It is argued net metering subsidy goes to richer segment from low-income group

Flat tax plan will dramatically change taxation structure by aligning incentives

It will be replaced with gross metering to sell expensive grid electricity to consumers

It comes after metals rise 4-5% globally on China economy hopes