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UAE announces $2 billion investment in hi-tech Indian 'food parks' to ease shortages
Biden says investment could 'increase India’s food yields in the region three-fold in just five years'
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CPEC a model for energy scenario
Minister says energy sector efficiency has increased, but more needs to be done
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KMBL gives home loans of Rs10.9b
Loans of Rs8 billion provided to more than 15,900 low-income people to accelerate socio-economic development
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Govt nod sought for plastic-body bikes
Industry demands tax incentive for low-cost production
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Euro falls below parity
Stands at less than $1 per dollar for first time in two decades
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US consumer prices at 40-year high
Energy contributed half of monthly increase as gasoline prices jumped
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Rupee loses 1.04% to two-week low against dollar
Currency falls on speculation about delay in resumption of IMF programme
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T-bill rate surges to record high
Govt borrows Rs506b in auction of treasury bills against target of Rs500b
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Miftah calls economic stability top govt priority
Says focus is on financial discipline through business-friendly policies
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Global economic outlook has ‘darkened’: IMF
Lender projects further downgrade to growth in 2022 and 2023
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Pakistan’s employment rate shrinks
Economic slowdown takes toll on job market as some sectors report layoffs
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Oil falls below $100 on strong dollar
Weak demand outlook also weighs on crude price
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Biden to persuade Riyadh to pump more oil
High prices take US inflation to highest levels in decades
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Jaggery exporters demand withdrawal of ban
Traders argue export of commodity will not cause sugar shortage
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Govt plans to fill vacant posts swiftly
Will ensure Balochistan’s representation in federal services to address development issues
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Tech helps tackle societal issues
Change is always scary, but digitisation will be crucial for development
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Top LNG producer asks US to drop pollution rule
Says limits on emissions will endanger efforts to ramp up supplies to Europe
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CEO of Canada’s oil producer steps down
It comes after a string of fatalities
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Brazil lowers forecast for auto production
Automakers association sees output of 2.34 million units
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China may increase budget deficits
Spending will provide support for small businesses
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Ford recalls 100,000 US vehicles
There are no accidents or injuries associated with this issue
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UK think tank calls for global rules
Britain has said any digital version of sterling would not be available under the second half of this decade
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Stocks close flat, oil gains
Fed scope to deliver another large interest rate increase later this month
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China industries relocate elsewhere
Study highlights hurdles in Pakistan like law and order, labour productivity
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Hedge funds fall 5.9% in first half
Equities hard hit by inflation, increasing interest rates
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With rains, crop outlook improves
Rainfall provides required water to kick-start sowing of major Kharif crops
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Furniture industry demands incentives
Says steps need to be taken to help train woodworkers on modern lines
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Deadline extended for energy standards
Cabinet puts off adoption of standards on request of electric fan manufacturers
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Russian rouble recovers past 61
It had gained 2.6% to trade at 61.98 versus the euro
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Europe faces big corporate casualty
German utility group asks for bailout as losses may reach $10.1b
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Indonesia to help tap ASEAN market
Envoy stresses need for expanding trade with Pakistan beyond traditional goods
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Dollar gains after US payrolls beat forecast
Data showed non-farm jobs increased 372,000 in June
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Oil rises about 2% in volatile trade
Heads for weekly decline on worries about demand downturn
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Value-added industry suffers losses
Industrialists disappointed over no decision on resumption of gas supply
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Stocks end negative in lacklustre trading
KSE-100 index drops 286 points due to persistent delay in resumption of IMF programme
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Private sector borrowing hits record
Acquires financing of Rs1.44 trillion in FY22 despite high credit cost
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Govt vows to put economy on track
Assures businessmen of strengthening economic diplomacy
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Satellites to be used to manage solid waste
Absence of policy on import of waste has resulted in environmental degradation
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Govt fails to appoint SBP governor
Six candidates interviewed but no decision could be made due to lack of consensus
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Who will be a resident Pakistani taxpayer?
FBR changes definition to bring in those people in tax net that stay abroad for over six months in tax year
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Gas tariff surges by a whopping 235%
ECC approves increase to recover Rs660 billion
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Oil price up $5 on tight supply
Brent crude futures up $5.39, or 5.4%, at $106.08 a barrel
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IMF loan most effective solution
Shabbar Zaidi fears total blackout in country if IMF does not revive programme
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Businessmen slam SBP rate hike
RCCI president says Pakistan needs quick revival of business and industrial activities to improve the ailing economy
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Rupee strengthens against dollar
Rupee has depreciated sharply in the wake of delay in revival of the stalled IMF loan programme
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SBP’s forex reserves fall $493m to $9.82b
Decrease came mainly due to external debt and other payments
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NEPRA increases power tariff by Rs7.9 per unit
Also approves massive hike of Rs9.52 per unit for K-Electric consumers
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Digital security framework formulated
It demonstrates commitment to providing safe digital space for everyone
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Falling global prices to bring down inflation
Miftah says govt will pass on benefit of declining food, fuel prices to people
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Economy out of red zone: Ahsan Iqbal
Minister says country needs high tax receipts, $30b FDI to become stable economy















































