Business

PTI govt's Fiscal Policy Statement shows 28% rise in per capita debt at the end of FY19

The PTI govt had given permission to export 1.1 million tons of sugar

It will spend billion more in water scheme to get broader economic growth back up

Senate panel’s decision to reopen an approved bill was surprising since it wa already cleared three weeks ago

PM had announced that all issues faced by traders would be resolved with cooperation of the FBR

PHMA VC says promise of releasing refunds in 72 hours remains unfulfilled

Fuel will be sold at Rs142 per kg in February

The price of high speed diesel has been maintained at existing level of Rs127.26 per litre

Slash urea rates in the range of Rs150 to Rs300 per bag

Decline comes following drastic rise in other income

Will support private-sector players, provide access to pipelines and terminals

With widening tax shortfall, govt has fast-tracked preparation for mini-budget

Government presents new debt policy statement in parliament

Benchmark index decreases 0.65% to settle at 41,630.93

Investors clutch at hopes China can contain coronavirus

Markets attempt to assess economic damage of coronavirus that has spread to around 20 countries

As FBR prepares a mini-budget, Shabbar Zaidi leaves on medical leave again

In meeting with Dr Abdul Hafeez Sheikh, British envoy says UK supports ongoing economic reforms in Pakistan'

Project of 330MW is expected to be completed by March 2021

Cites technological improvements as reason behind increase

EPS stands at Rs9.93 in half-year period

UAF VC says 58% of country’s population is facing food insecurity

Pakistan eager to enhance trade with Africa, opens six new trade wings at embassies in the region

Loan will fund business plans for projects in 7 cities

Report forecasts annual capacity payments may surge to Rs1,466b in 2025

Approval comes despite thin fiscal resources

Airlines forced to cut flights, stores close as potential economic hit from outbreak comes into focus

Suggests increase of Rs2.47 per litre in price of diesel

Benchmark index increases 4.80 points to settle at 41,903.50

Britain caps Huawei's share of market at 35%

Market considers possibility of an early OPEC meeting as well

Central bank cites no reason for increase in reserves

United States has said it hopes to reach a trade deal with Britain by the end of the Brexit transition

Ministry of Petroleum says principal amount stands at Rs457b, while delayed payments add another Rs77b

Federal cabinet members perturbed by low credit demand

Move aimed at combating under-invoicing, duty and tax evasion

Usman Buzdar has launched programme to provide soft loans to youth

Poor earnings attributed to high taxes, massive losses suffered by subsidiaries

Minister says global companies are participating in privatisation process

PTI govt may not hike gas tariffs for domestic consumers, ECC told

Tax authorities have proposed amendments to Incom Tax Rules 2002

Strives to adapt to changing audience needs and achieve its savings target

Record unemployment, surge in inflation have widened India's wealth gap

Benchmark index decreases 0.95% to settle at 41,898.70

Oil rises as markets wait for virus impact, US stocks fall

British Airways, Cathay Pacific, others suspend flights to and from China

Withdrawal of sales tax on cellular services added to SRB's challenges, it adds

Textile body fears new surcharges will hit 30% of production capacity

Envoy says Dhaka plans to develop 100 economic zones nationwide

Sends the bill to parliament which is aimed at promoting, protecting exports