Business

QESCO accounts for almost half of nationwide default; 450 officials of DISCOs under investigation

Power Division secretary says public depts, firms owe K-Electric Rs125b

Following a notable slowdown in economic growth and contraction in the number of vehicles

PTI govt to drastically reduce number of WHT in next budget, including tax on banking transactions: finance minister

Finance Minister Asad Umar says steps afoot to stop unchecked outflow of dollars

Airlines provided waivers, exemptions to improve service, boost tourism

New BoDs for four public sector companies announced

Dr Hafiz Pasha, in his new book, estimates Pakistan suffered $252b loss in war on terror

Surpasses $5,000 mark for first time since mid-November

Benchmark index decreases 0.83% to settle at 38,036.03

Hub Power Company Limited plans to issue right shares to existing shareholders

Delegation expresses interest in PM’s housing project, CPEC

Company says it is not possible to maintain current rates considering rupee devaluation

Envoy urges government to train population in new fields

Emphasises country can also invest in various road infrastructure projects in Pakistan

An 11.8kg domestic cylinder will sell for Rs1,564 in April

New guidelines of e-money institutions prepared with technical assistance of World Bank

Finance Minister Asad Umar brushes aside any rift between govt and IMF

Economist says this era of stagflation can throw 4m more people into poverty

Benchmark index decreases 0.76% to settle at 38,354.85

Officials discuss how to meet quality and safety standards for fruit’s shipment

JICA study argues such projects will compromise utilisation of local hydel resources

Recent fall in share prices fails to create equal opportunities, attractive valuations in all sectors

It is politically easy, fiscally possible and does not scare investors

SBP is required to frame policies for providing banking facilities to more people

Regulations being prepared in order to monitor, regulate digital currency in Pakistan

Audit dept undergoing extensive reforms to remain relevant with changing structure of govt

Govt also increases price of diesel by Rs6; light diesel, kerosene oil prices raised by Rs3 each

Emphasises focus on value addition for revival of the sector

Expectations of interest rate hike kept benchmark index under pressure

Punjab minister says efforts are under way to woo foreign investors

Price notification sent to dealers across Pakistan

Entrepreneurship culture will give a boost to many ancillary industries

Decline comes on speculation the currency will settle at Rs145 before IMF deal

Releases expected to stop in last quarter due to deteriorating fiscal position

FBR prepares draft of recommendations for 2019-20 budget

Demand for such grants has increased, showing a lack of financial discipline, officials say

Bureau collects Rs2.7 trillion in taxes against Rs3 trillion nine-month target

The SPI for the lowest income group also decreased 0.36% compared to the previous week

On March 25, 2019, the SBP received RMB 15 billion equivalent to $2.2 billion as proceeds of a loan

Will explore trade and investment opportunities in Pakistan

ZTBL president says Rs0.2m per borrower is being given under Rozgar scheme

The Bank of Punjab has not been able to appoint a permanent president thus far

Decision may stir controversy as earlier it was decided planning minister will be the head

Will review working and methodologies of Pakistan Bureau of Statistics

Asad Umar says efforts under way to complete process of 9th NFC award by Dec 31

Railways offers 26% lower fares compared to oil supply via pipeline and road

Weakens to 142.50 against the US dollar in open market

FBR also notifies setting up of two other directorates

Benchmark index increases 0.25% to settle at 38,649.34