Business

Proposes cut in rates of petroleum products by up to Rs5.50 per litre

The revised name takes effect in May

A Saudi oil source said on Tuesday OPEC+ had not taken any decision yet

China’s Xiaomi Corp announced plans on Tuesday to invest $10 billion in a new smart electric vehicle

Development comes after Islamabad resumes stalled $6 billion loan programme

Serious questions have been raised over Gauhar’s re-designation following his past associations

Pakistan successfully concluded its first-ever three tranche capital market transaction, the finance minister adds

ECC allows import of sugar, cotton via land, sea routes

Reduces price of high-speed diesel by Rs3 per litre, effective April 1

Oil exporting nations are set to meet on Thursday to decide on output policy

Benchmark index advances 0.22% to settle at 44,587.85

Caution follows report that firm sold more than $20 billion in shares

Suez Canal blockage will reduce firms’ earnings without affecting credit profiles

Says PIA should consider starting flights between Islamabad and Kathmandu

Approval under equity swap agreement aimed at clearing circular debt

Currency rises to Rs154.04 against US dollar in inter-bank market

Technical working group formed to frame ToRs for G2G agreements

Demands import price re-evaluation as sector’s growth depends on govt actions

Meeting called to review impact of monetary policy on economic growth

Both sides discuss ways to deepen cooperation, ensure effectiveness of ongoing portfolio

In the pilot phase, salaries and pensions of a group of federal government employees would be paid through Raast

Both crude benchmarks drop over 1% on weak demand prospects

Benchmark index rises 59.23 points to settle at 44,491.03

Lack of such culture negatively affects innovation, growth, resource management

Public policy measures need to focus on ensuring money stays, and is used internally

Farmers cannot switch to new technologies as they require heavy investment

Pakistan can save billions of dollars annually by optimising procurement process

Without reforms and better efficiency, tariff hike may be counter-productive

Benchmark KSE-100 index sinks 1,089.83 points to settle at 44,431.8

Prices have swung wildly in last few days owing to blockage of key transit point, lockdowns

Board looks to hire from private sector while ignoring own employees

Suggest setting up warehouses at borders to uplift trade with neighbouring countries

Contraction in current account deficit, stability in rupee also drive sentiments

Over 1,000 projects worth Rs355b have been registered under tax amnesty scheme

Speakers recommend establishing JVs, developing e-commerce

Lending to private sector improves amid partial revival in economic activities

PRGMEA calls for steps to promote industrialisation in its proposals for FY22

Country’s almost dry financing lines start opening after approval of $500m tranche by IMF

Approval of funds to highlight performance comes amid forecast of surge in inflation

Top 10 oil firms will face audit in backdrop of last year’s petrol shortage

Uptrend comes on back of high foreign inflows compared to demand

Say high energy cost, petroleum prices will have implications for industries

Aims to increase its footprints in facilitating regional and international trade

PCJCCI president says Beijing also interested in forming joint ventures in clothing, dyeing

Webinar speaker fears challenges can stall economic development

Shares draft with industry for stakeholder feedback

PM aide suggests privatisation of five power companies of Punjab in first phase

SAPM on energy raises objections to arbitration terms of reference

With a drop to less than 78 million units sold, the auto sector faced its worst crisis ever

Revised scheme likely to ease access to housing finance for large number of people