Business

IMF asked Pakistan to end state control of rupee and let currency move freely to find its equilibrium against dollar

Request PM to take steps to reduce production cost for value-added textile industry

Move aimed at helping enhance export volumes

Envoy says UAE will open visa centre in Lahore soon to facilitate investors

Survey findings reveal Pakistanis expect economy to remain weak in next six months

Govt pulls plug on digital wallet to cope with demand

RCCI stresses need for inking transit, preferential trade deals with CARs

Oil and gas deposits found in Khyber-Pakhtunkhwa well

New law will revamp trade dispute mechanism, address businessmen’s complaints

Benchmark index loses 188.56 points to settle at 46,729.96

Saudi Aramco cut October official selling prices for all its crude grades sold to Asia by at least $1 a barrel

Car executives battling lower production due to lack of semiconductors

Spanish envoy urges businessmen of both sides to develop strong liaison

Commerce ministry submitted summary seeking extension for one year

Terms industry-academia linkage crucial for country’s prosperity

Industry official says surge came on back of forthcoming Christmas season

Questions commerce ministry how its projections went off the mark by huge margin

Will pursue pragmatic cross-border cooperation to regulate overseas-listed companies

VW head says autonomous driving will change auto industry

Was seeking to purchase 737 MAX 10 jets worth tens of billions of dollars

IMF asked Pakistan to end state control of rupee and let currency move freely to find equilibrium

Continuous drop in share prices of listed companies increases chance of downgrade

Benchmark index loses 38.95 points to settle at 46,918.52

Both contracts fell over $1 in earlier trade

Industrial surplus cannot be created unless factories are provided with latest machinery

Higher agricultural production is required to tackle food inflation

Semi-depleted fields, LNG land terminals can be used for building storages

Skill development, mentorship for entrepreneurs can accelerate journey towards prosperity

Policy will lead to market distortion by subsidising consumers at expense of farmers

They enjoy high premium in China and are listed as high-end snacks

Shipment for October is 65% more expensive than furnace oil available in the country

Say country can lift auto part exports to $300m over next five years

Imports surge, exports dip for third successive month

New plant in Shanghai aims to expand capacity amid global chip shortage

Minister says steps are being taken to resolve their issues

Resurgence in infections weighs on demand at restaurants, hotels

Current account, inflation concerns drag index 179 points lower

Cheapest developed land is being doled out to industrialists and start-ups to immediately launch their projects

Finance minister says provinces should share financial burden

Also decides to enhance penalties by 300% against those unwilling to integrate system with FBR

In early September, the rupee became the worst-performing currency in Asia

The move to clean technologies comes as Tesla Inc is gearing up to enter India

Company board not willing to take risk of NAB investigation

Joint venture will set up low-cost passenger airline serving domestic and international routes from Pakistan

Benchmark KSE-100 index gains 0.12% to settle at 46,957.47

Currency drops to 13-month low of 166.98 to a dollar in inter-bank market

SDR allocation from IMF lifts reserves to historic highs

Government unable to take decision regarding excess capacity of LNG terminal

Delay in release of tax refunds sparks challenges for manufacturers

Suspects two major companies were involved in price collusion