Business

Decline comes due to uncertainty about rupee, which was in correction phase against dollar

Drop comes on account of decrease in imports and rise in remittances

Hafeez Shaikh replaces Asad Umar as economy czar; Firdous Ashiq Awan to head information ministry

PM Imran Khan reshuffles federal cabinet

The case marks second US victory in as many months

Slip below $9.5b mark due to payments against Pakistan Sovereign Bond

Company executives are facing US charges that they defrauded their investors

Trump held out hope current trade talks with China will be a success

US crude inventories fell by 1.4m barrels in the week to April 12, EIA data shows

Asad Umar turns down energy portfolio, quits federal cabinet

Only four to five percent of women in Pakistan are working in the formal sector

Despite being an agrarian country, we are importing agricultural goods worth billions of rupees every year

The IMF has asked Pakistan to end state control of the rupe

FCCI official says businessmen are unable to benefit from emerging opportunities

'This has resulted in a reduction in cement exports to around $100-150 million from $700 million'

Is also looking for more investment opportunities in Pakistan

Decision would badly impact commercial banks' earnings

With last year’s stock of 3m tons, total supply of the staple crop will be more than national needs

Sources say key cabinet members consider certain provisions 'against PTI's core values'

Premier briefed on progress made on improving ease of doing business

Instead of earlier announced $2.2b, China gave $2.5b in March to boost SBP’s reserves

Forms committee to oversee implementation of Ramazan Package

Following energy price crash, foreign contractors started complaining about non-payments

Benchmark index drops 1.68% to settle at 36,752.57 points

Global supply has been tightened further by US sanctions on Venezuela and Iran

Decline comes on back of significant discounts on its cold-rolled products

However, cement demand falls due to reduction in development spending by govt

Demand growth will decline to 1.3% in 2019 and 1% next year

PPL starts search for hydrocarbon reserves in Iraq

Chinese official says more than half of CPEC projects have been completed and put into operation

Previous govts approved return on investment in dollars whereas investors invested in local currency

Over 100 posts vacant in power firms

Pakistan sought duty relief after US withdrew concessions given to India, Turkey

Law minister says draft is in violation of Article 25 of the Constitution

Yao Jing calls on Asad Umar in Islamabad

Powers has been replaced in the interim by senior Etihad finance executive Adam Boukadida

Benchmark index loses 122.13 points to settle at 37,381.95

Analysts also believe US crude stocks may have risen by 1.9m barrels last week

Benchmark index gains 166.21 points to settle at 37,504.08

Approves Sindh BRT, CASA-1,000 and Balakot hydroelectric power projects

Govt incentives must be uploaded on social media in order to convince buyers, FCCI president

PBIT chief reveals more projects valuing at $6b are in pipeline

PHMA says there is already shortage of cotton and yarn in domestic market

Govt, industry agree to initiate crackdown on vehicle dealers

Will allocate land in Haripur for setting up mobile manufacturing plants

Finance minister says discussions are centred around policy measures

Imran Khan's govt faces resistance from opposition-controlled Senate and FATF

PTI govt eyes $22 billion in loans over next three years

OGRA chief says new tariff will be applicable in the next fiscal year

Drop in output from Iran and Venezuela limits losses