Business

Move comes as short-term crisis ends, long-term costs emerge

Benchmark index edges down 25.72 points to settle at 41,056.22

Businessmen decry lack of proper drainage system, call for NDMA, FWO to step in

Previously, the record of hydel power generation was 8,474MW

The rupee strengthened against the dollar at Rs167.43 in the inter-bank market

Ask govt to defer their implementation, resolve matter first

Surge comes as customers purchase urea in huge quantities due to unfolding developments

Pakistan’s debt level increases by Rs14.6tr in two years, shows SBP data

Aims to facilitate expatriate Pakistanis in UK, US

ECC refers matter to committee for further deliberation

Benchmark index advances 219.35 points to settle at 41,081.94

Prices shrug off US crude inventory declines, improving gasoline demand

Central bank cites no reason behind increase in reserves

Disregards Ogra’s order which had reduced gas prices by 6% from July 1

Finance Ministry sees dip in monthly remittances as FBR exaggerates tax collection

First vessel carrying 60,804 tons reached port on Wednesday

Work in progress IT ministry keen to boost exports

The rupee weakened against the dollar at Rs168.43 in the inter-bank market

Chairman says feasibility study of phase-II, phase-III has begun

Asks govt to address distortion that is leading to commodity shortage

Egyptian company shows interest in investing in energy sector

Agriculturists predict increased risk for cotton and vegetable crops

SBP reports addition of $17.6b in past two years to nearly $113b by end of June 2020

New mechanism comes on demand of petroleum industry

Imports will allow plants to run throughout the year

PM aide says delay in consignments may affect exports in current month

Benchmark index advances 1.41% to settle at 40,862.59

Renewed worries about Covid-19 infections threaten further recovery in oil demand

Over 80% of markets remain shut; traders fear losses of over Rs4 billion in Karachi

E-commerce may potentially boost Pakistan's GDP upto $40b

IMF has asked Pakistan to end state control of the rupee

CM Advicer Dr Salman Shah says Punjab govt planning to connect rural economies with domestic, global markets

BOI chairman says second phase calls for enhanced role of industrialists, private sector 

Punjab governor says concerns of businessmen will be addressed to boost Pakistan's economy

Exporters say financing schemes should be designed to cater to an urgent need of this sector

Ramps up power generation on expensive fuels to meet growing energy demand

Decision comes on top of 6,000 redundancies already announced

Number of mobile broadband subscribers increases to 82.76 million

Move aimed at improving ease of doing business

Manufacturers say otherwise they may have to raise cement prices by around 10%

Benchmark index gains 490.22 points to settle at 40,292.82

Producers have shut more than 1.5m bpd of Gulf coast offshore oil production

Strong turnaround into surplus from deficit result of a continuing recovery in exports, says PM Imran

All these steps would revolutionise petroleum sector

Open hole testing carried out against Lockhart Formation

IMF has asked Pakistan to end state control of the rupee

FPCCI acknowledges reluctance of financial institutions to extend relief to masses

Federal Board of Revenue says sales tax, income tax refunds will help address financial crunch

Official says concerted efforts needed to eradicate child labour from unorganised sector

Envoy shows interest in tapping opportunities under new policy