Business

Increase to be made under fuel cost adjustment for August 2021

PML appoints AKD securities as its financial adviser for CKD assembly plant project, according to official statement

Finance Minister Shaukat Tarin meets KCCI delegation and announces 15 days extension

Benchmark index gains 532.86 points to close at 44,899.60

Central bank gives no reason for the drop

Analysis based on worsening terms of trade, increased flow of dollars into Afghanistan, says rating agency

Term SMEs indispensable for progress, growth of country

Directives come amid fears of spike in food inflation in country

The third project specifically focuses on SDGs 3, 9 and 10

Tells officials to set targets for foreign trade attaches, monitor their performance

Test shows flow of 13.69 mmcfd of gas and 1,010 bpd of condensate

Power utility seeks fuel cost adjustment for August 2021

Lack of diversification, limited access to raw material hindering exports: PRGMEA

Closes at Rs170.48 in inter-bank market as inflows fail to match import growth

Pay and Pension Commission chairperson resigns over differences

Benchmark index falls 908.19 points to close at 44,366.74

Prices fell as US crude inventories rose amid concerns about slowing Chinese economy

Company wants to add 1,000 merchants, 1 million customers to its portfolio by 2022

May break previous records as inventories remain low, says executives

Suggest devising policies to facilitate trade, exporters

Business friendly policies, low interest rate drive up earnings

Official says thousands of small business owners will be unable to file their taxes by Thursday

Decline comes on back of drop in finance and other income

Budget deficit soars to Rs700 billion in July-August FY22

Research house expects local currency to maintain downtrend against dollar

Probes delay in import of sugar and wheat despite directives

Benchmark index gains 457.17 points to settle at 45,274.93

Power shortages in China tempered the rally as they hit factory output

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Finance minister voices hope country will successfully complete upcoming IMF review

Currency slides on mounting import payment pressure, geopolitical concerns

Says it will support govt’s low-cost housing scheme, other construction initiatives

Review committee discusses stock position, procurement progress

Urge govt to incentivise businesses for pouring capital into SEZs in the province

Favourable environment attracting local and foreign investors, says minister

Tarin forms body to address challenges faced by CNG sector

Finance minister backs plan, suggests entering into JVs with established banks

Directs all commissioners to report to heads of regional and large tax offices

Seven companies at PSX raise unprecedented Rs17 billion in the financial year ended in June, reports Bloomberg

Benchmark KSE-100 index sheds 255.76 points to settle at 44,817.76

Easing of pandemic restrictions raises oil price to highest since October 2018

Govt policy is required to facilitate use of alternative energy sources

To put economy on right track, it is imperative to pursue balanced approach, plug loopholes

Measures can be taken to reduce gas prices instead of increasing them

For boosting exports, country will have to dig deeper into causes of cotton crop failure

Fiscal and tax policies are highly distorted, do not work towards stakeholder economy

Dawood says bilateral negotiations for preferential trade deals with the Gulf states would start in next 6-12 months

Additional grant will be utilised to implement winter incentive package

Chairman says authority is working to ensure smooth trade between both countries

Says bloc depends on foreign supplies of natural gas and oil