Business

PBS claims cost of electricity 31% less than a year ago, raising eyebrows

Industry warns of shutdown, relocation if gas supply not assured

Total public debt jumps from Rs39.9 trillion to Rs49.2 trillion in a year

Biggest worries centre around country's ability to pay for imports such as energy and food

Cabinet body also defers purchase of 150 tablets for federal cabinet members

Price swings over worries of global economy, tightening supplies

NA committee asks TCP to devise comprehensive mechanism

It puts financial burden of Rs100b on end-consumers

Regional connectivity not just a function of political ties but also of infrastructure

Industry braces for up to 60% fall in capacity utilisation

Collects Rs1.635tr against target of Rs1.61tr; Dar extends return filing date

Gains 11.20 against dollar in a week in inter-bank market

Use of indigenous coal can lower cost of electricity production, cut import bill

The decision has been taken in view of floods and requests by trade bodies, according to FBR notification

LHC suspends levy for firms whose accounting year ended in December

Pakistan required to increase power tariff, fuel taxes over next six months

Benchmark KSE100 index drops 421.27 points to settle at 41,013.86

DRAP given one-week deadline to adopt emergency measures

Court alleges that HBL facilitated terror financing between 2010-19

Reserves dip due to external debt repayment

Closes at Rs229.63 vs dollar after recovering 1.08%

However, KE consumers see decrease in rates by Rs4.87 per unit

Export sectors like textile facing criticism for getting subsidised gas, electricity

Shortage of LNG in global market likely to impact Pakistan as well

Size of Islamic finance industry estimated to have crossed $42 billion at end of 1Q22

IT opportunities have potential to reduce youth unemployment

Envoy says establishment of SEZs flagship initiative to attract FDI

Confusion over policy actions, situation arising out of floods hold back taxpayers

Pakistan’s global bonds fall as new finance minister takes over

Country’s ability to pay bills will affect investment climate

Central bank has drawn down reserves by $100b to defend rupee

Financial disputes of billions of rupees impede sale of private power utility

LPG bowser drivers should undergo the ‘Heavy vehicle defensive/preventive training course’

Ahead of Dar's formal appointment, the rupee has risen for the last three sessions this week

Timing of return stands in his favour but challenges remain intact

Three out of five respondents in consumer confidence survey term economy weak

New regulations promise better quality of internet, faster speed

Says ICT economy achieves stellar growth rate, fastest growing sector

Minister asks traders to look for new export opportunities

WTO chief calls for radical policies to revive growth

Tariff for excess units generated by rooftop solar producers to be reduced to Rs9 per unit from Rs19.32

This facility is available to all taxpayers who have not claimed excess adjustment against previous years’ refunds

Mahmood assured the delegation of all possible facilities to install Kutoba’s assembly lines in Pakistan

Gains Rs3.11 against dollar with upcoming change of finance minister

Lawyers representing realty sector, banks exploit legal lacunas in tax policy

Brent witnesses lowest session since January 4

Envoy says selling products via expos can promote exports to China, ASEAN

Streams of Kandhkot gas field sufficient to fight energy crisis, end outages

OECD slashes 2023 global economy growth forecast to 2.2% from 2.8%

Qureshi said the business community is distraught due to the issue of customs tariff chapters 84 and 85