Business

Iran joins top producers in supporting policy aimed at propping up crude price

Oil worth $275 million will be supplied in July, says Saudi Embassy

Will replace imports, generate employment, increase farm income

Efforts should be made to minimise suffering for NRPs who provide remittances

Despite over 50% rupee depreciation, exports have remained stagnant

Govt gives less importance to education and health, cuts allocations

Taxes on industry, services and agriculture sectors to be brought at par with their share in GDP

OGRA announces increase of up to 168.36% in gas prices

Central bank also cited amnesty scheme deadline as another reason which has now been extended to July 3

Finance adviser says 'Benami commission' has been formed to probe hidden assets

Amid increasing uncertainty from trade tensions and slowing global growth

KSE-100 index closes lower by 1,223 points to settle at 33,902

Supply shortages in other provinces putting pressure on breadbasket province to keep prices down

Price increase ranges from Rs21,000 to Rs329,000

Talk of pulling out dismissed; company seeks extension in tax benefits

Electricity tariffs increased by Rs1.5 per unit

FBR has collected less than Rs36 billion under tax amnesty scheme so far

Putin says the deal will be extended in its current form and with the same volumes

Trump says he will not lift existing tariffs, but will refrain from slapping new levies

Benchmark index increases 127.15 points to settle at 33,901.58

Stresses Washington wants to initiate new era of cordial relations

She expressed hope that events such as this would create new opportunities for promoting business linkages

The objective of the sessions was to raise awareness among financial institutions of the national risk assessment

All the distribution companies have been directed to establish a one-window facility for net metering

Commerce ministry says Washington should lift curbs on Chinese firms

ECC gave directives to special committee for implementing relevant proposals

Company notified in advance any impact on prices will be on account of customer

Since 2008, PPL has entered into many questionable ventures; company defends moves

Lender commits funds for three Karachi projects and K-P tourism

US-China trade war, signs of global slowdown have overshadowed G20 summit

Has sent its recommendations to govt for price revision in July

US President Donald Trump and Chinese President Xi Jinping to meet on Saturday

In knock-on effect, gold price plunges Rs1,900 to Rs79,600 per tola

Opposition members protest against ‘anti-people budget’, wear black armbands

To facilitate the listing of SMEs

Measures may include heavy taxes along with penalties

Will restrict extension in pipeline network, promote LPG use

Agreements like $6b IMF deal may now escape cabinet’s scrutiny

Says tightening of monetary, fiscal policies under IMF will adversely impact GDP

This is the lowest level of deposits retained by countrymen since 1996

Sources say there is a shift in policy of EU, which is not happy with Pakistan’s sanctions on INGOs

PM says strategy discussed to allow people to register themselves and benefit from scheme later

Closing plants in France and Wales, cuts shifts at factories in Spain and Germany

Benchmark index decreases 0.92% to settle at 33,774.43

Decrease comes on account of external debt servicing and other official payments

US president looks forward to speaking with PM Modi on the issue

A day ago, prices rose more than 2%, hit their highest in about a month

Currency depreciates to Rs164.05 against US dollar

The depreciation of rupee would have massive negative impact on the already fragile economy of the country

SBP issued directives to all banks to incline their operations to the newly issued Assets Declaration Ordinance 2019