Business

Money is there to pay in local currency but foreign exchange is missing

Prices of kerosene, light diesel oil also reduced by Rs10 after fluctuations in global oil prices

Once done, imports should be relaxed, especially for exports and high revenue items

While world races towards growth, Islamabad’s politicians bicker inconsequentially

Recent Covid-19 pandemic, flooding disasters lead to rise in demand for insurance products

Revised CDMP reveals Rs952b more will be added to circular debt this year

Stable quality, fair colour of sesame give competitive edge

Finance ministry admits central bank’s contractionary monetary policy not working

Foreigners turned net sellers during the week under review as they sold stocks worth $14.2 million

Project will help meet LNG demand from Australia’s trading partners

CCOE forms body to deliberate further, give report in 10 days

Businessmen demand strict measures, advanced meters to control losses

Envoy says order for oil placed in consultation with Washington

Claim they have been denied wheat supplies by Sindh govt

Metal reaches Rs219,500 per tola as investors opt for safe-haven asset

Industrial units will pay OGRA-notified gas tariff from May 1

Commission recommends minimum tax on all movable, immovable assets

Company, shut for over 2 months, blames LC curbs, halted foreign payments

‘You need to go and kill that beast’ of inflation, says IMF European department director

Ethiopian Airlines to start flights between Addis Ababa, Karachi soon

How the country with stagnant economy squanders migrant talent

Goal missed despite introducing mini-budget, steep currency devaluation

Both crude benchmarks set for weekly loss of 2-3%

Intends to seek SBP permission to commence due diligence

Automatic grinder is a widely used machine for value-added agricultural products in China

Experiences slight uptick of 0.03%, reaching Rs283.84 against US dollar

Gallup survey says overall unemployment rate stands at a staggering 6.69%

Also okays grant of Rs500m for Nashonuma project of BISP

OICCI report says Pakistani freelancers earn less money than others

Thanks to 41 paisa per unit reduction in FCA in March

Rupee dips to Rs283.92 against the US dollar in inter-bank market

Such charges will apply to ‘non-protected consumers’ with effect from Jan 2023

High-speed diesel may become cheaper by Rs5.41 from May 1

External financing needs to stay over $34b highlighting need for another IMF bailout

KSE-100 index surges by 364.33 points, settles at 41,463.91

For this fiscal year the government had targeted to restrict the pace of inflation at 11.5%

Ministry warns that more shocks will keep debt above 70% until 2026

Will conduct public hearing on May 3 of petition filed by CPPA-G

Involved issuance of 3.98 billion new ordinary shares

IEA predicts nearly one in five cars sold globally this year to be electric

Attributes closure to shortage of inventory, drop in sales

Earlier, minority shareholders of BIPL were offered shares of JSBL subsidiaries

Gains strength gradually on hopes of early revival of IMF programme

Carmaker performs quite better on QoQ basis, earns 142% higher profit

Stress laid on optimising climate-smart farm practices for sustainable productivity

SAPM stresses on measures to facilitate FDI, resolve issues of Pakistani diaspora in UK

Russian oil finds new outlets despite sanctions

President Yoon makes business deals, sales diplomacy core element of trips

Moscow offers Islamabad payments for crude in dirham, yuan and ruble

Discussed avenues to enhance cooperation