Business

Rupee depreciation has given opportunity to expand operations

Exports stand at $17b in nine months of FY19 despite 34% currency devaluation

Argue the levy will hurt small farmers, render thousands jobless

Slowdown in economy cited as reason for slow growth

Surge comes ahead of Ramazan and Eid as expenditures likely to spike

Punjab Finance Minister Hashim Jawan Bakht insists results of reforms undertaken by govt will surface gradually

Survey planned to curb evasion, bring wealthy into tax net

Decide to reduce length of CPEC’s largest project from 1,872 km to around 1,680 km

It will be far higher than the debt level at the end of PML-N’s tenure

Benchmark index drops 551 points to settle at 36,579.32

Influenced by the poor performance of smaller rival Lyft’s shares

The projected growth rate for next year was unchanged at 3.6%

The annual energy production from the project is expected to achieve planned 4.6 billion units during the year 2019

Cumulatively, the rupee has shed 33.4% of its value since December 2017

Expresses keen interest in business cooperation and development

Chinese premier says both sides need to jointly uphold multilateralism, free trade

Expert group suggests turning steel mill into a public-private partnership

Argue any further hike in tariff will leave them bankrupt

'We are happy that government has made this decision'

Federal government fails to allocate sufficient funds in next budget

Ambassador Yao says China will provide 95% market access to Pakistani products at zero duty

Lender’s reports says Pakistan will remain a net debtor

Privatisation Commission board allows hiring of valuers for conducting due diligence

Says some major economies may need to take short-term actions to prop up growth

Benchmark index gains 0.56% to settle at 37,129.97

EU has also started preparing to retaliate over Boeing subsidies

Russian comments signaling willingness to pump more dampen the rally

Cites high cost of nearly Rs8b for verifying only 5% of the results

Ghulam Sarwar Khan says country will offer new blocks for oil, gas exploration

Omar Ayub says Pakistan is making efforts to completely change energy mix by 2030

PTI govt to prepare plan to expand Pakistan’s share in $4tr global halal market

Expert group puts the mill’s restructuring cost at $1.04 billion which government alone cannot sustain

State Bank of Pakistan releases report discussing growth of Islamic banking industry

At present, annual exports stand at only $70 million

Tax rates will also be cut to encourage people to declare properties at fair values

Files three lawsuits in London, New York against Saudi Arabian, UAE banks

Benchmark index loses 599.90 points to settle at 36,921.91

Russia says OPEC and allies should raise output from June

PTI govt hints at allowing western neighbours to trade with India through Pakistan's land route

Committee expresses deep concern over the increase in prices of medicines and food items

Govt must give a boost to industrial and agricultural activities, ensure better governance

Pakistan’s spot LNG purchase has not been profitable as prices remain high at 15-16% of Brent crude

Industrial policies should cover participation in global value chains, alleviating poverty through employment

Foreign aid can be of great help in human development, putting industry on track

PTI govt considering regularising only those foreign assets that would be converted to money & remitted to the country

FIA seizes local and foreign currency worth Rs40m from the suspects in Lahore

The projections that WB has made in its report are more alarming than the estimates of the Asian Development Bank

Senior ministers are negotiating to find a compromise to end months of political crisis

Expresses hope trade volume can be boosted to $20b

Global lender wants FBR target increased to 13% of GDP in next fiscal year