Business

Forms committee to probe alleged involvement of OMCs in hoarding, black marketing

Considers further reducing general sales tax of 3% to either 2% or 1%

Benchmark index gains 399.15 points to settle at 34,749.57

Both benchmarks; WTI and Brent, hit highest level since March

Fall in exports, likely drop in remittances can dent Pakistan’s forex reserves

Arbitration tribunal should be set up to resolve telecom spectrum fee issue

Another round of sell-off to form W-shape recovery cannot be ruled out

Balance tilted in favour of livelihood keeping in view socio-economic problems

Pakistan must renegotiate trade deal to promote exports to Chinese markets

Council will approve macroeconomic framework for next budget

K-P CM says major chunk of uplift funds to be allocated for strengthening health services 

ML-1 project includes dualization, upgrading of 1,872 km railway track from Peshawar to Karachi

Industrial unit owes Rs22b to SSGC; Rs36.42b to NBP, SC told

Supply resumes after govt lifts restriction on fishing

Farmers bear hefty losses due to fall in demand as eateries remain closed

Iraq, Nigeria agree to deeper output cuts; prices double since diving below $20 in April

PTI govt has directed utility firms to provide maximum relief as country fights against Covid-19

Price of Dundicut rises to Rs24,000 per 40kg

Plans to issue up to Rs50m in next phase to help businesses cope with virus

Seeks to protect revenues amid sliding oil prices in global market

Index rises 419 points as investors remain cautious ahead of budget announcement

Will push laggards such as Iraq, Nigeria to comply with existing curbs

Says development partners should help Pakistan to devise swift response

Company, with workforce of 4,200, offers voluntary redundancy

Directive comes after cancellation of soft loan by World Bank

REIT member for extending special lending rate to low-cost housing

Proposal aimed at unearthing hidden assets of citizens to enhance revenue

Bank signs deals with Pakistan for strengthening public health response

OGRA says fuel is being sold at higher than actual cost

Sindh govt procures only 4m tons of wheat by end of April

Razak Dawood says bilateral trade with EU tilts in favour of Pakistan

Imran also stresses the need for reducing non-development expenditure

Benchmark index rises 0.68% to settle at 34,350.42

Brent has risen 17% since last Friday to three-month high

APCC proposes 2.3% GDP growth and 6.5% inflation target

Punjab finance minister stresses on bringing more sectors, people in tax net

Highlights interest shown by global investors in Pakistani airports

Traders demand restoration of zero-rating facility in FY21 budget

Pakistan initiates action alongside FAO to address locust threat

Decline due to dip in imports, sharp improvement
in exports

As Environment Day comes, govt should frame rules to ban plastic waste imports

Balochistan, Sindh agitate against allocation of low development budget

IMF asks Pakistan to adhere to fiscal consolidation by showing nominal primary deficit

Forms think tank to identify Covid-19 impact on E&P sector, suggest ideas

Sets minimum efficiency benchmarks for captive power plants

Benchmark index falls 0.82% to settle at 34,119.39

Drop comes on account of external debt repayments of $1.67 billion

SAPM Gill says operation against flouting of the SOPs has been launched

OGRA asks petroleum division to convene urgent product review meeting

Each of 9,350 employees to get Rs2.3 million on an average