Business

Advisory council mainly comprises industrialists; Tareen also made its member

Novak to be in charge of “developing unified plan to achieve Russia’s national development goals up to 2030

Claims used vehicle imports caused Rs45b loss to industry, economy

Experts warn of unsustainability amid mounting debt crisis, shrinking revenue

Extensive analysis underway to assess impact on competition, consumer welfare

KSE-100 index gains 2,257 points, or 3.09% WoW, closes at 75,342

US WTI crude gained 83 cents, or 1.1%, to $80.06. For the week, Brent gained about 1%

In a historic first, localisation initiative aims to slash prices to Rs400,000-Rs500,000

SBP reveals 62% YoY increase, highest export figure recorded in one month

Workers’ remittances, tech exports propel economy; narrows CAD to $202m

KSE-100 index jumps 411.65 points, settles at 75,342.35

No foreign firm has submitted documents for PIA’s acquisition as consortium leader

SPI reading drops 1.06% on back of lower food, energy prices

Committee agrees to study multiple models to know about their implications

Fund assumes rupee will devalue to Rs329/$ or 18% by June next year

Currency gains Rs0.19 to Rs278.21 against US dollar

IT minister says commission, under Digital National Framework, will be chaired by PM Sharif

Proposal to impose Rs1.45/unit extra burden on consumers amid performance scrutiny

Kamal stressed the need for effective decision-making by high-ranking officials

Currency sheds value in backdrop of ongoing IMF loan talks

New non-stop flight between Islamabad and Bahrain will start from June 13th

Total size of Pakistan’s informal economy is projected to be around $457b

Envoy says investors suffering due to non-payment of dues, difficulties in arranging machinery parts

KSE-100 index gains 266.72 points, settles at 74,930.70

Urges Chinese entrepreneurs to capitalise on favourable policies

Plan aims to extend Chinese energy repayments, reduce consumer burden

Downturn reflects anticipation of policy adjustment in June 2024

Govt must cap new plants, prioritise solar energy, address governance issues

External sector-related projections suggest Pakistan will continue relying on IMF

Output drops by 9.35%, while QIM dips to 115.5 in March 2024

KSE-100 index advances 132.79 points, settles at 74,663.98

Gives directives to ministries to address dividend, revolving fund, tax matters

Currency depreciates Rs0.08 vs dollar on market speculation

Provincial minister pledges relief for farmers in budget

MSCI’s upgrade expected to drive inflows; brings total Pakistani firms in global index to 21

Iqbal urges mobilisation of domestic resources to curb borrowing

Committee is meeting today to consider request for extension in deadline

Burden equals 3/4 of economy, surpassing statutory limit by 15%

Tensions rise as India signs 10-year contract despite US threat of sanctions

Central bank projects 2-3% growth for FY23-24, calls for structural reforms

Asia has become Delivery Hero’s biggest market after its $4 billion deal in South Korea in 2019

Currency consolidates at current levels on hopes of $7-8b loan package

New measures affect $18b in imported goods including steel, EVs and minerals

Official underscores challenges faced by women post-marriage

KSE-100 index surges 732.08 points, settles at 74,531.19

Minister stresses all federal projects will be timely completed in Balochistan

Electricity theft, less recoveries cause huge loss; govt to study different models

Dharejo announces new zones as stakeholders call for infrastructure upgrade

Despite in its infancy, development authority wins trust of local, foreign investors

Catapults to 30-month high, now standing at Rs501.30 billion