Business

Decision will have impact of Rs37 billion on power consumers

Market activity halted for two and a half hours

Minister cherishes regional connectivity policies bearing fruit

They will give up to Rs30 billion in loans under the programme

Tarin clarifies Saudi $4.2b bailout has nothing to do with delay in deal with global lender

Benchmark index rises 564.12 points to settle at 45,791.92

Crude oil inventories rose 2.3 million barrels in the week ending October 22

Local currency appreciates by by Rs2.49 against US dollar; gold plunges by Rs7,800 per tola

Second financial assistance package will help ease pressure on forex reserves

Energy prices have rocketed worldwide

S&P 500 were trading higher at noon

Goldman Sachs said Brent was likely to push above its year-end forecast of $90 a barrel

Minister says province pushing for equitable growth in all districts

Hefty jump in sales, other income drives increase in earnings

Banks, tech firms team up to help improve access to finance

Power price goes up by Rs0.689 per unit under fuel cost adjustment

Businessmen of European nation will visit five districts of region

Company plans to spend $35b through 2025 on EVs, autonomous vehicles

Expert calls for reducing trade imbalance by making joint efforts

Minister says rising investment in tech sector shows country has skilled entrepreneurs

Project to generate $1b in investment, 100,000 jobs

Gold shines hitting all-time high of Rs132,000 per tola

Benchmark index drops 190.40 points to settle at 45,227.80

Analyst says market remains tight which should drive prices up

Govt seeks relaxation for both the procurements of vaccines and other coronavirus related mitigation measures

The need to upgrade Web-based one Customs system (WeBoC) for facilitation of trade

The program has been designed specifically for green startups

Hopes they will surpass assigned target in fiscal year 2021-22

World Bank satisfied with progress on SMART scheme in Punjab

Closes at Rs174.43 vs dollar over lack of progress in IMF talks

Increase comes on back of surge in other income, dip in finance cost

Delay in decision on fate of foreign-funded scheme for Lahore cost country $2.2m

Write letters to DG oil, arguing their closure will push up POL imports

Seeks to maximise area under cultivation, ensure proper price for farmers

Benchmark index declines 160.16 points to settle at 45,418.20

Both benchmarks closed last week with gains despite rising virus cases in UK and Eastern Europe

Country has failed to diversify its produce as tariff structure restricts innovation, efficiency

Soaring LNG prices in global market might exacerbate gas shortage this year

Local investors should invest in solar, wind projects to prevent forex outflow

Majority of exporters do not diversify export items destined for European nation

Pakistan achieves higher export growth relative to competitors, but challenges remain

Companies representing 46% of S&P 500’s market value due to post results

Tax will be applicable on residential, non-residential property as well as land, property owners

Says at least half of vehicles produced in Munich will be electrified by 2023

Pledges to join global effort to slash methane emissions by 30% by 2030

Major chip producers are saying restrictions in supply could continue into 2023

20% of Pakistanis owned a formal bank account and only 5% of them were women

Planning minister urges US-based institution to explore investment opportunities in Pakistan

Persistent depreciation of rupee against US dollar contributing to the surge

CM will inaugurate special investor portal at Dubai Expo