Business
More News
-
Food ministry dismisses talk of wheat shortage
Insists damage to crops from rains is moderate, denies threat of food insecurity
-
Mari Petroleum finds oil reserves in Rawalpindi
It is the second discovery in Ghauri block since 2014
-
OGRA to hike fines on OMCs for violating law
At present, the regulator can slap fines of up to Rs10 million
-
Indus Motor increases vehicle prices
Company has raised prices of its variants from Rs65,000 to Rs307,000
-
PIA reaches break-even in operating profit
Says it has come out of losses at operational level after quite a long time
-
Market watch: Stocks rally as investors welcome new economic team
Benchmark index soars 480.61 points to settle at 37,292.47
-
Tech giants bury the hatchet
Apple, Qualcomm reach agreement in royalty dispute
-
MoU signed for manufacturing Chinese vehicles
Rawal Industrial Equipment and Malik Group of Companies entered into the agreement
-
PTI govt lifts ban on furnace oil import
Energy committee allows import for one time only to replenish oil reserves
-
Entrepreneurs hub created in Faisalabad
It will allow them to harness their potential and play role in economic development
-
Apple, Qualcomm reach agreement in royalty dispute
Move signifies that Apple is prioritising the need for a stable supplier of 5G modem chips over business disputes
-
Farmers avail 1.1% of Rs50b credit facility for FY19
Balochistan lags behind other provinces in dispersing agri credit to farmers, FCA told
-
Despite Asad Umar’s exit, KSE-100 manages to rise
Benchmark index gains 59.29 points to settle at 36,811.86
-
Asad Umar’s challenging eight-month journey
He responded to turmoil with rupee depreciation, two supplementary budgets
-
Political meddling drives USC to verge of closure
Lack of internal control, static business model also blamed for poor performance
-
Pakistan gets duty relief from China like ASEAN states
Beijing will eliminate duty on 313 Pakistani products
-
Foreign direct investment plunges 51.5% to $1.3 billion
Decline comes due to uncertainty about rupee, which was in correction phase against dollar
-
Pakistan's current account deficit contracts 29.5% to $9.6b
Drop comes on account of decrease in imports and rise in remittances
-
PM Imran Khan shakes up cabinet
Hafeez Shaikh replaces Asad Umar as economy czar; Firdous Ashiq Awan to head information ministry
-
Hafeez Sheikh brought in to replace Asad Umar in major cabinet reshuffle
PM Imran Khan reshuffles federal cabinet
-
US wins WTO ruling against China grain import quotas
The case marks second US victory in as many months
-
Foreign exchange: SBP reserves dive $1b to stand at $9.2b
Slip below $9.5b mark due to payments against Pakistan Sovereign Bond
-
Abraaj founder's extradition case adjourned, another former executive arrested
Company executives are facing US charges that they defrauded their investors
-
China says US trade agreement not yet settled
Trump held out hope current trade talks with China will be a success
-
Oil prices rise on lower US stocks, OPEC+ supply cuts
US crude inventories fell by 1.4m barrels in the week to April 12, EIA data shows
-
Asad Umar sees hard times ahead for successor
Asad Umar turns down energy portfolio, quits federal cabinet
-
Inclusion of women in workforce urged
Only four to five percent of women in Pakistan are working in the formal sector
-
‘Research key to combating challenges’
Despite being an agrarian country, we are importing agricultural goods worth billions of rupees every year
-
Rupee stable against dollar
The IMF has asked Pakistan to end state control of the rupe
-
Direct flights to Azerbaijan stressed to boost business
FCCI official says businessmen are unable to benefit from emerging opportunities
-
Cement exports suffer due to South African duties
'This has resulted in a reduction in cement exports to around $100-150 million from $700 million'
-
UK delegation signs deals for £200m investment in Pakistan
Is also looking for more investment opportunities in Pakistan
-
PTI govt mulls relocating deposits worth Rs1.9 trillion
Decision would badly impact commercial banks' earnings
-
Wheat production estimated at 25.16 million tons
With last year’s stock of 3m tons, total supply of the staple crop will be more than national needs
-
PM Imran struggles to muster cabinet's support for tax amnesty scheme
Sources say key cabinet members consider certain provisions 'against PTI's core values'
-
PM Imran directs K-Electric to shorten installation time for new connections
Premier briefed on progress made on improving ease of doing business
-
Pakistan takes $5.6b in foreign loans in nine months
Instead of earlier announced $2.2b, China gave $2.5b in March to boost SBP’s reserves
-
ECC directs USC to boost food stocks for Ramazan
Forms committee to oversee implementation of Ramazan Package
-
Foreign companies queue up to sue cash-strapped Turkmenistan
Following energy price crash, foreign contractors started complaining about non-payments
-
KSE-100 falls over 600 points in panic selling led by banking sector
Benchmark index drops 1.68% to settle at 36,752.57 points
-
Oil hits 2019 high above $72 on China growth, lower US stocks
Global supply has been tightened further by US sanctions on Venezuela and Iran
-
International Steels’ profit dips 42% to Rs611.3m
Decline comes on back of significant discounts on its cold-rolled products
-
Maple Leaf completes expansion of cement plant
However, cement demand falls due to reduction in development spending by govt
-
Global steel demand slows as trade war hits
Demand growth will decline to 1.3% in 2019 and 1% next year
-
PPL becomes Pakistan’s first company to drill well abroad
PPL starts search for hydrocarbon reserves in Iraq
-
Pakistan keen on attending second Belt and Road forum
Chinese official says more than half of CPEC projects have been completed and put into operation
-
PTI govt, IPPs review old deals to rectify faults
Previous govts approved return on investment in dollars whereas investors invested in local currency
-
Delay to fill vacant posts in energy firms may cause power crisis this summer
Over 100 posts vacant in power firms
-
US denies duty-free market access to Pakistan
Pakistan sought duty relief after US withdrew concessions given to India, Turkey
-
Tax amnesty scheme hits snags in cabinet
Law minister says draft is in violation of Article 25 of the Constitution