Business

Results in astounding 85% reduction in the full-year deficit to $2.56 billion

Company filed a petition for fuel charges adjustment for June 2023

Brings in current Principal Secretary to PM, Syed Tauqir Hussain Shah

Regulator increases price despite fall in international market

Depreciates Rs3.78 as dollar demand stays high

Says industries face staggering 30% decline in production activities

Haque stresses need for faster digitisation, supporting freelancers

'We are confident that this merger will pave the way to enhance operational efficiency and facilitation of investors'

Consumers pay overall taxes to tune of Rs91.36 per litre for petrol

Aims to provide non-financial services to foster sustainable agronomy for small farmers

Ministers from many countries chose to skip the meeting

Company deems reports ‘misleading’, says products not banned in any country

Suspends deal over failure to ease rules for its own food, fertiliser exports

At current market price, Dutch oil marketing firm’s value stands around Rs24.6b

Minister guarantees remaining reliable partner, cooperating on energy projects

Blocks 43 applications, launches awareness campaign to protect consumers

Drops to Rs279.26 in the interbank market, Rs286 in open market

Calls price cut a political decision that will prove to be landmine for caretaker setup

The energy crisis makes it impossible for business owners to run their day-to-day operations

Debt issue stems from misaligned fiscal policies, bureaucratic red tape

There is need to remove institutional bottleneck related to agriculture to tackle stagflation

With high investment in IT, export growth will accelerate and trade gap will narrow

Financial sector may be big beneficiary of AI, with potential value of $1.2tr by 2030

Report projects 3.3% growth, slowdown in inflation, lower borrowing cost

Ottawa’s reaction delivers significant blow to China’s responsible multilateral lender

Tokyo expands in renewable energy as part of zero-carbon push

Officials say US must issue waiver permitting such transactions

KSE-100 index rises 861 points, or 1.95%, settling at 45,067.98

Scrambles to fill vacant positions in SBP, NBP, ZTBL, and CCP

Pakistan, Argentina bonds soaring, making them best performers in asset class

Project’s chief executive officer, project director, consultants and contractors were present during the visit

Analysts say govt’s fixed rate of Rs8,500 is causing ginners to shut down factories

Swiss Society for History raises concerns about length of time

Average power tariff is set to increase by Rs4.96 per unit in view of IMF deal

PM Shehbaz blames circular debt for recent hike in electricity tariff, says it was a condition set by the IMF

PRGMEA high-up says most varsity grants go towards paying salaries

Difference between exchange rates in open, inter-bank markets widens to Rs6

Minister says $10b project will be modernised with China’s support

As announced by Finance Minister Ishaq Dar, the meeting reviewed the draft bill for the establishment of the Fund

Envoy calls African nation land of vast investment opportunities

Seeks to encourage foreign investment amid geopolitical tensions

Credit to the private sector remains lowest in the region at 15% of GDP

Govt likely to raise petroleum levy to boost revenue collection

Data shows US consumer prices growing at slowest pace in two years

APTMA decries high energy costs that account for 30-40% of production cost

Global trade weakens, demand for services rises

CCP says local SMEs only receive 6-7% of private sector financing

Central bank did not provide a specific reason for the increase in reserves

Aims to enhance revenue stream, achieve Rs240 billion for the fiscal year

Low gas supply mainly behind costly power production