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Urea sales rise 19% in March 2019
Sales display positive trend before start of Kharif sowing season
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SBP raises cheaper financing limit to Rs2.5b
Decision aimed at giving much-needed boost to exports
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IPPs rake in billions from consumers
NEPRA applied high exchange rate in tariff determination: auditors
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PTI govt may extend duty, tax relief for maritime sector
Ministry suggests 20-year extension in exemptions
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Row between Centre, Punjab over wheat price persists
Punjab Food Authority wants to set wheat price at Rs1,300 per 40 kg
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Power Division to take strict action against defaulters
Connections of running defaulters will be disconnected after the deadline
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Safeguard mechanism to be part of China-Pak FTA phase-II
PM aide says agreement to be signed on April 28, will protect local industries
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Pakistan's revenue black hole widens to Rs5 trillion
Pakistan's tax-to-GDP ratio stood at 13pc of GDP – half of the potential that the World Bank has worked out
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Market watch: Stocks advance on hopes of successful PM visit to China
Benchmark index rises 291.78 points to settle at 36,796.03
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Germany's two largest banks abandon merger talks
Say deal would not have created sufficient benefits to offset risks and costs
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ADB chief says bank will continue to grant loans to China
Argues bank's lending to China is not huge, will not crowd out poorer countries
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Foreign exchange: SBP reserves dip 2.4% to stand at $9b
Decline comes on the back of external debt servicing and other official payments
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Oil hits $75 for first time in 2019 as Russian exports cut
Poland and Germany have suspended imports of Russian crude citing poor quality
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Trading resumes at PSX after being suspended due to technical glitch
PSX benchmark KSE 100 index was up 328 points to 36,832 points at 12:13pm
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Bakht for developing all districts of Punjab
Steps were being taken for urbanisation of the province by focusing on missing facilities in small cities
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Rupee stable against dollar
Cumulatively, the rupee has shed 33.4% of its value since December 2017
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DG Khan Cement reports 35% fall in profit for Q3
Sluggish cement prices, rupee depreciation cause decline in earnings
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Sindh govt to set up grid company to improve supply
It will connect the wind power corridor in Jhimpir to national grid station
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PEC plans to provide interest-free loans to young engineers
Says Engineering Construction Bank will be created to give loans for start-up companies
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FFBL’s losses widen six-fold to Rs2.4 billion
Decline comes due to 74% drop in di-ammonium phosphate and urea sales
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Pakistan needs diplomatic push to clear FATF hurdle
NA panel gets in-camera briefing on implementation of action plan
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‘Pakistan can boost growth to 8%’
World Bank official stresses globalisation only option for survival in coming years
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SSGC hired DMDs that lacked required skills
Company argues it was facing severe succession gaps at leadership positions at that time
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Budget deficit jumps to Rs1.6tr in Jul-Mar FY19
Stands at 4.2% of GDP as govt fails to enhance revenues to a point where it can meet growing expenses
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NEPRA slashes power tariff by 4 paisa per unit
Following the tariff cut for March 2019, the consumers will receive a relief of Rs280 million.
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Oil hovers around six-month high as US stocks rise
Stock data counters fears resulting from OPEC output cuts, US sanctions on Venezuela and Iran
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Market watch: KSE-100 gains 100 points as bank stocks rally
Benchmark index rises 0.28% to settle at 36,504.25
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Iranians brace for harder times as US oil sanctions close in
Russia on Tuesday called the US tightening of sanctions an "aggressive and reckless" policy
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Bears dominate as KSE-100 drops 391 points
Benchmark index loses 1.05% to settle at 36,901.69
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Pak Suzuki Motor put into reverse gear
Posts a loss of Rs980m in the Jan-Mar 2019 quarter
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President Alvi assures business community of support
Arif Alvi says reviving Pakistan’s economy is PTI govt's topmost priority
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Local industry to get relief in second phase of Pak-China FTA
PM aide says govt will ensure real-time recording of trade between the two countries
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'IMF programme will kill Pakistan's economy'
Ex-SBP governor and former finance minister Dr Hafiz Pasha calls capacity of the finance ministry shamefully low
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Massive investment spurs BRI countries’ growth
Chinese official says investment exceeds $130b between 2013 and 2018
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Pakistan exports sugar, rice to China under $1b package
Senate committee briefed on the incentive package for export of rice, sugar and cotton yarn
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Gold prices dip Rs1,000 per tola to six-week low
Decline comes in line with downturn in world markets
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Lobbyists in overdrive for Benami assets
Elites pressurising govt to allow whitening of Benami properties after paying negligible taxes
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PTI govt clears $127m project to improve tourism in K-P
It is a prerequisite for approval of $100m loan by World Bank for the project
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PIA, McDonald’s sign MoU in Karachi
McDonald’s will be branding the boarding passes with its special offer
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Japan to provide over Rs7 billion for health, transport sectors
Foreign Minister Qureshi meets his Japanese counterpart, deputy prime minister in Tokyo
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China complains to US over end to Iran oil sanction waivers
Insists it will contribute to volatility in the Middle East and global energy market
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Oil hits highest since Nov as US to tighten Iran sanctions
Washington demands buyers of Iranian oil stop purchases by May 1 or face sanctions
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Market watch: KSE-100 loses nearly 500 points on economic uncertainty
Benchmark index falls 1.35% to settle at 36,404.03
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Rupee stable against dollar
The IMF has asked Pakistan to end state control of the rupee
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PM aide assures Chinese investors of support
Both sides discussed matters pertaining to bilateral interests
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PSX reports 10% decline in profit for Jul-Mar FY19
Decrease comes on the back of drop in revenue, mainly due to dip in service charges
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Engro Polymer starts caustic soda flake production
Will produce 20,000 MT per year; chemical is widely used in textile sector
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SNGPL’s profit jumps 37% to Rs2.6b in Jul-Sept 2018 quarter
Board of directors declares interim cash dividend of Rs1.5 per share
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Export growth can slash current account deficit to zero: APTMA
Says overall imports of the country may end up at $53 billion while exports would reach $24 billion
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PSO allowed oil import on credit from Azerbaijan
Central Asian state has offered $100m deferred payment facility for oil imports