Business

Tax authorities illegally paid over Rs16b in refunds to big retailers in past 5 months

Loan programme will conclude in September this year

Makes significant recovery to Rs174.48, thanks to revival of IMF programme

The index for the group stood at 177.99 points against 175.29 points in the previous week

Apparel exporter plans to set up $350m textile cluster near Lahore

Firms will get Re1 for each US dollar after surrendering 100% of home remittances

Forecasts Pakistan’s current account deficit will narrow down in coming years

Experts say cotton prices almost doubled in international market

Constitutes committee to firm up proposals for incentive scheme

China’s indoor ski resorts provide new ideas to promote development

Rise in earnings comes on back of jump in other income, sales

Disbursement comes after global lender revived Extended Fund Facility

Benchmark KSE-100 index adds 46.72 points to settle at 45,909.65

Disbursement comes after global lender revives bailout programme for Pakistan

Both benchmarks on course for seventh consecutive weekly gain

Consumer prices jump 11.1% MoM, eating deeply into Turks’ earnings

'Industries generate employment, local capacity and collective power for small entrepreneurs'

Envoy says both countries enjoying cordial trade relations

Service to provide convenient, hassle-free mode of digital funds transfer

Decrease comes on back of external debt, other payments

Demand implementation of currency declaration policy on borders

Exports of goods increased 24% in first seven months of FY22, says PBS

Food minister says Rs8b subsidy given to fertiliser industry to support farmers

Says it will reduce cost of production of steel sector

Appreciation comes due to resumption of IMF programme, narrowing trade deficit

Govt mulls over providing incentives for helicopter manufacturing

SBP governor lists inflation, current account deficit as major challenges

Thousands of jobs will be created as a result of more Chinese investment in different sectors of Pakistan

Decrease comes on back of external debt, other payments

Benchmark index falls 256.22 points to settle at 45,862.93

Tensions in Eastern Europe, Middle East have so far not disrupted oil production

Execute projects which include underground hydropower, coal-fired plants

Widens to $28.8b in Jul-Jan, indicating need for more foreign borrowing

Decision comes after Islamabad gave absolute autonomy to SBP

Finance ministry submits self-contradictory fiscal policy statement in National Assembly

Rupee hit an all-time low of Rs178.24 against the greenback as demand for the dollar stood higher

The gains, if they hold, could be the biggest single-day surge for the stock in nearly two years

Envoy plans to visit Pakistan for exploring opportunities in diverse fields

Calls for revisiting policies to deepen trade

Decline comes amid slowdown in construction activities

The journey time from China’s northern Dalian port to the major European port of Antwerp rose to 88 days

Businessmen demand uninterrupted supply of fuel

Bank credit limits have stayed unchanged despite rupee fall, high oil prices

Terms progressive market-oriented policies key to success

Benchmark KSE-100 index rises 444.65 points to settle at 46,119.15

Trust has also appointed Amin Mohammad Lakhani as a member of the council

Impact of mini-budget yet to be felt

Sindh governor directs SSGC to cut all such industrial connections

Report praises liquidity flow during pandemic

Directs DISCOs to avoid this practice as it is violating laws