Business

Calls for reversing decision that allows PSO import of petrol and LSFO

Plans to frame joint strategy for removing budget anomalies

Also imposes tax on educational institutions, hospitals and fitness centres

Decline comes on back of reduction in imports, growth in remittance inflows

Senate panel recommends hike in income tax exemption ceiling, rejects 17% sales tax

Benchmark index falls 25.6 points to settle at 34,656.12

After weeks of swelling, US crude stocks fall by 812,000 barrels last week

Plans to cut rates later this year due to investors' expectations and US president's demand

Real income gains of the project in Pakistan, Kyrgyz Republic and Thailand could be above eight per cent

The chairman offered to attract Chinese expertise and investment in fisheries sector

Major products categorised under fat filled milk category in Pakistan include tea whiteners and fortified milk

The IMF has asked Pakistan to end state control of the rupee and let the currency move freely to find its equilibrium

Insists business community should work for enhancing trade volumes

Committee’s response comes as government fails to satisfy concerns of legislators

Stresses need for removing trade barriers between two sides

Suggests three-year imprisonment and Rs0.5-million fine

PBC CEO says drop comes in wake of unwelcome environment for investors

Gap calculated at $29.2b in 11 months solely due to import compression

Govt having already increased gas prices by up to 143% during ongoing financial year

Less than 250 people have so far opted for the scheme by paying around Rs450m

Benchmark KSE-100 index falls 1.4% to settle at 34,681.72

Draghi states further monetary policy changes may be needed by ECB

Middle East tensions after last week's tanker attacks cap losses

The loan will provide capital for development across various sectors

KCCI official says govt has been requested to defer legislation for at least three months

Planning minister and Chinese ambassador discuss pace of CPEC projects

Farmers in the province are increasingly turning to latest technological solutions to enhance yields

Tobacco growers urged the government to fulfil its promise of eliminating Rs300 tax

The index for the group stood at 236.88 points against 233.89 points in the previous week

Senate panel objects to declaring trade-based illegal transfer of funds overseas as money laundering

Officials forced to utilise water for Kharif crops instead of conserving it

Currency depreciated to record low of Rs156.96 against dollar

Reza says rupee depreciation, interest rate hike help stabilise economy

Expresses displeasure over proposal for sale of power distribution companies

Chipmakers say Huawei units unlikely to present same security concerns as Chinese tech firm’s 5G

Dr Reza Baqir addresses news conference in Karachi

Benchmark index loses 1.14% to settle at 35,168.82

Currency moved both ways within a range of Rs156.50 to Rs157.07

Govt can bring green revolution by introducing hybrid fuel

PTA and SBP are examples of strong regulators that helped turn around companies

Market fragmentation will prove to be biggest stumbling block

Govt will have to help develop industrial sector, human capital for sustainable growth

Lack of private-sector investment is major factor behind chronic trade deficit

Manila-based lender distances itself from govt's claim

Manila-based lender distances itself from govt's claim

KSE-100 index gains 68 points to settle at 35,573 points

China Mobile has started to invite bids for network construction and smartphone testing

Threaten to observe ‘no export day’ if govt does not reverse its decision

Says there is no option but to redouble efforts for improving economic situation

Experts discuss how federal and provincial govts will implement the decision