Business

Trump says he will not lift existing tariffs, but will refrain from slapping new levies

Benchmark index increases 127.15 points to settle at 33,901.58

Stresses Washington wants to initiate new era of cordial relations

She expressed hope that events such as this would create new opportunities for promoting business linkages

The objective of the sessions was to raise awareness among financial institutions of the national risk assessment

All the distribution companies have been directed to establish a one-window facility for net metering

Commerce ministry says Washington should lift curbs on Chinese firms

ECC gave directives to special committee for implementing relevant proposals

Company notified in advance any impact on prices will be on account of customer

Since 2008, PPL has entered into many questionable ventures; company defends moves

Lender commits funds for three Karachi projects and K-P tourism

US-China trade war, signs of global slowdown have overshadowed G20 summit

Has sent its recommendations to govt for price revision in July

US President Donald Trump and Chinese President Xi Jinping to meet on Saturday

In knock-on effect, gold price plunges Rs1,900 to Rs79,600 per tola

Opposition members protest against ‘anti-people budget’, wear black armbands

To facilitate the listing of SMEs

Measures may include heavy taxes along with penalties

Will restrict extension in pipeline network, promote LPG use

Agreements like $6b IMF deal may now escape cabinet’s scrutiny

Says tightening of monetary, fiscal policies under IMF will adversely impact GDP

This is the lowest level of deposits retained by countrymen since 1996

Sources say there is a shift in policy of EU, which is not happy with Pakistan’s sanctions on INGOs

PM says strategy discussed to allow people to register themselves and benefit from scheme later

Closing plants in France and Wales, cuts shifts at factories in Spain and Germany

Benchmark index decreases 0.92% to settle at 33,774.43

Decrease comes on account of external debt servicing and other official payments

US president looks forward to speaking with PM Modi on the issue

A day ago, prices rose more than 2%, hit their highest in about a month

Currency depreciates to Rs164.05 against US dollar

The depreciation of rupee would have massive negative impact on the already fragile economy of the country

SBP issued directives to all banks to incline their operations to the newly issued Assets Declaration Ordinance 2019

Also increases electricity prices by Rs1.5 per unit

Number of companies enjoying the status in M3 industrial city jumps to 53

Analyst says fertiliser demand will remain positive in coming months

Relief likely as they generate employment opportunities

These assets have value of Rs10b, will generate funds for cash-strapped govt

Benchmark index decreases 0.3% to settle at 34,088.56

US refinery is expected to shut down permanently due to massive fire

Speculation comes true as rupee enters 160-165 range against dollar

The rupee has weakened Rs9.04 or 6.11% since June 3

The SPI for the lowest income group has decreased 0.08% compared to the previous week

NA panel asks PM aide to find solution that benefits both govt and industry

Envoy says Pakistan’s textile exporters can capture UAE market

Bids filed in response to tender floated for 5 cargoes

Increase attributed to surge in world market due to escalating US-Iran tensions

Envoy says solar energy has potential in places where power cannot be easily provided

Citizens have few days left to legalise most movable and immovable assets

The money will be spent on repaying maturing public debt and bearing interest cost

All Pakistanis are required to declare their concealed assets by June 30 under new tax amnesty scheme