Business

Absence of uniform mechanism hinders distribution of agri-subsidy

For the first time, over 15 new cars will be launched in a year

The world’s biggest cryptocurrency was facing its biggest daily drop in a month

Lauds newly upgraded FASTER Plus system as being quick and transparent

Report highlights inconsistency in amount claimed to be paid with annual returns

Uptrend may increase inflation, import bill and widen fiscal deficit in economy

Strives to regain and increase its generation capacity

Says forthcoming Banking on Equality Policy will introduce gender lens in financial sector

Power utility seeks tariff revision on account of monthly fuel cost, quarterly adjustments

The rupee strengthened against the US dollar at Rs158.88 in the inter-bank market

Pakistan and Sri Lanka haveagreed to reactivate the Joint Working Group for addressing the technical issues

The minister said international mobile firms were willing to make partnerships with local firms

Benchmark KSE-100 index drops 366.17 points to settle at 45,362.58

Crude stockpiles rose by 1m barrels against estimates for draw of 5.2m barrels

Agreement is aimed at installing electronic monitoring system to check tax evasion

Graana.com CEO underlines need for meeting target of constructing 1m housing units a year

The committee reviewed the price trend of essential items especially wheat flour, sugar, vegetable ghee

Insist power sector infrastructure needs substantial investment

Deficit came due to increase in food, industrial raw material imports

Occupation of 116 acres of prime land causes slowdown in work on Gwadar projects

CEO says airline ready to set aside aircraft for cargo services

Rates go up on the back of increase in cost of production

Stresses need to prepare generation with knowledge of cybersecurity, neural network

The rupee strengthened against the US dollar at Rs159.07 in the inter-bank market

Decreasing agricultural land, traditional ways of farming and post-harvest losses were posing threat to food security

Abnormally cold weather in Texas and the Plains states forced the shutdown of up to four million barrels per day

Benchmark index loses 0.35% to settle at 45,728.75

State-of-the-art private sector-led iron ore project couldn’t be able to take off

Economic, trade policy makeover is required to increase Pakistan’s exports to EU

GI tag alone cannot help boost earnings; Pakistan also needs to fetch better prices

High-profile advisory council comprising energy professionals should be set up

Country can implement coal projects, but window of opportunity appears to be limited

US Gulf Coast refiners are assessing damage, may take up to three weeks to restore operations

Benchmark KSE-100 index loses 337.61 points to settle at 45,890.04

Developments on local and global level keep index from posting substantial gains

Rise comes on back of revival in investors confidence, improving economic activity

Scarcity has rattled global automotive and semiconductor industries

Soars to a record $56,620, taking its weekly gain to 18%

Says tit-for-tat tariffs on planes and other goods has aggravated damage from Covid-19 crisis

PM lauds authority for procuring track and trace system to curb tax evasion

Says net-metering most effective tool to enable renewable power generation

Major corporations, service sector remain optimistic of growth in their businesses

Move aimed at resolving technical issues pending between two trading partners

Slashes subsidies and increases prices at utility stores with immediate effect

Allows Kabul access to India but does not facilitate Pakistan’s trade with Central Asia

Banks will first block requested bank account, then extract details of fraud

Raises odds of concluding similar cases that have been pending for years

Higher product prices, decline in repair and maintenance cost drive the increase

Says European nation has immense potential to develop tourism

Cards will be preactivated to enable customers to make payments from issuance day