Business

Asks TCP to issue certificate for export of 6,000 tons to Sri Lanka.

May utilise 88% of the earmarked Rs43.55b despite water scarcity fears.

Benefit extended to projects that come online within three years

Representatives of leading auto companies unanimously agreed to submit standards they comply with EDB, PSQCA by Jun 10

Country had been facing surplus stocks; meeting also fixes profit margins for LNG import.

Banking and cement sectors led the gains while foreign buying picked up.

Finance minister explains salient features of the new budget and clarifies misconceptions surrounding it

Aim is to take aviation’s share in GDP to global average.

Tax increase to encourage illicit trade and smuggling, comments official.

Doubts remain about government’s ability to keep itself within Rs137.6b target.

Benchmark 100-share index drops 73.25 points.

Will launch special schemes for creating employment.

This is 5.6% lower than last year’s revenue target of Rs405b.

CGT rates also revised upwards; sale of shares to be taxed even after two years.

Suspension of minimum tax on builders and reduction in import duty on construction machinery hailed

Decision to be a major setback for the sector.

This year's budget does not do much in terms of cutting back on the privileges of Pakistan’s wealthy elite

Finance minister lists PTI's four-month long protest in Islamabad, oil prices as contributing factor to missed...

CPEC project allocations get cut, but still take up lion’s share of federal PSDP

New budget is expected to focus on spurring economic growth

The new budget boasts historically low interest rates and high infrastructure spending

Govt missing targets and making mistakes .

Reads Rs149.3b compared to Rs325.1b in comparative period.

Q Block numbers stand in sharp contrast to figures presented to prime minister.

Clocks in at 2.5% compared to 4.6% in the same period last year.

Services sector fares better, falls just short of target.

Barring cotton and rice, growth in important crops remains weak

Dar says govt will remove another one-third of tax breaks in new budget.

Gains 4,077 points making it more attractive than most major stock markets.

Lacklustre reporting of statistics provides no value addition.

Ate up Rs1.193t; domestic debt comprises major chunk of pie.

Benchmark 100-share index gains 177.12 points.

Decision a ‘big negative’ for economy; 80% subscribers’ income not taxable.

PSO will import petroleum products by inviting bids from shipping lines.

Total cost, direct and indirect, caused by terrorism in the country since 2001 tops $107 billion

Government misses major economic targets

The recent cut in the policy rate is expected to stimulate production and economic activities

FPCCI hopes recent agreements will help enhance trade, investment

Govt drastically slashes development budget in upcoming PSDP; not a single project approved

Advantedge looks to help by imparting industry-specific training

Company offering 25 million shares at floor price of Rs43 per share

Govt to recover 11% UFG from stations; ministry to seek ECC’s approval for move

Country’s total liabilities stand at Rs19.3t, says Institute for Social and Economic Justice

Say they are unable to diversify products and markets

soya bean had wider genetic diversity for different uses

In April, savings under NSS decreased by 62% compared to the figure for the same month last year

Benchmark 100-share index gains 13.28 points.

Pakistani equities have delivered 26 percent a year for US dollar investors since 2009, Khaleej Times report claims

Regulator says it will likely fall in line with ECC decision not to pass on cost reductions to consumers.

Meeting suggests that both countries should harmonise customs procedures, remove specific duties and engage constantly