Business

Karachi consumers will bear burden of Rs7.8b in electricity bills of June

New rate will safeguard farmers from fertiliser price hike

Silkworm farming can promote import substitution, reduce forex spending

Ministry official says govt will cooperate in promoting exports to region

Asks them to look for investment avenues in different sectors

Finance minister shoots down proposal, also refuses to raise tax on salaried class

Touches intra-day low at 202.9 in inter-bank market

Govt asks finance ministry, SBP to review Bank of China’s proposal

Decrease comes on back of external debt repayment

Says subsidy piling pressure on current account, foreign currency reserves

Decrease comes on back of external debt repayment

Minister claims the team had 'useful and constructive discussions' with the fund

Govt asks finance ministry, SBP to review proposal shared by Bank of China

Expert says rupee will continue to lose ground against dollar till revival of IMF package

Pakistan plans to generate 10,000MW of alternative renewable energy by 2030

A majority of the population was directly or indirectly dependent on the sector

SAARC Chamber for taking immediate measures to bring political stability

Trade between two sides has registered steady growth in recent years

Cooperation with China propels Pakistan’s industry as more brands may set up plants

Country’s default risk remains high amid shortage of foreign currency

Experts say country has surplus output; exports will enhance forex earnings

Will encourage farmers to switch over from water-intensive sugarcane to cotton crop

Finance ministry borrows Rs89 billion in auction, 11% less than target

IMF emphasises upon 'urgency of concrete policy actions, including removing fuel and energy subsidies'

The government will hold talks with transport sector stakeholders to increase costs parallel to the latest increases

It comes despite recession fears, China’s Covid-19 curbs

Says they will help find much-needed new reservoirs of oil, gas

They find it difficult to make debt repayment due to Rs340b outstanding dues

Moody’s points to huge demand for interest-free banking, high growth of Islamic banking

Practice will hurt trade and industrial activities and cause shortage of goods in the manufacturing units

Currency crosses Rs201 to a dollar in inter-bank market

Oil industry body stresses sufficient stock available, no need to panic

Duty, tax breaks expected to push IT exports to $15b in next two years

Experts insist move will arrest depletion of foreign exchange reserves

Islamabad is an important ally and the kingdom would stand behind the South Asian nation, says Saudi minister

Benchmark KSE-100 index tumbles 489.93 points to settle at 41,950.32

Region can help end electricity load-shedding in country

Ambassador urges businessmen to find new avenues of trade

Buses will provide transportation services in Sindh’s six major cities

Pakistan’s exports to the EU increased 86% and EU’s exports to Pakistan grew 69%,

To set up end-to-end supply chain of seafood

121 demonstration plots had been established across south Punjab

Says hybrid electric vehicles are first step towards adopting EVs

Black clouds around financial markets have started impacting crude oil as well

Called on the government to introduce a fuel management plan, which can save $240 million per annum

Claim essential items are also facing restrictions

Despite growing needs, Pakistan received only $248m in external loans in April

Delay in resumption of IMF loan programme has increased risk of default

Benchmark KSE-100 index plunges 660.46 points to settle at 42,440.25

DAP offtake falls 15% and its effects on quality, quantity of crop output being felt