Business

Says target of 6.2% unlikely to be met; inflation to be higher

Despite currency devaluation, imports near $61b in FY18

Stresses need for immediately restricting expenditures, enforcing revenue mobilisation plan

Foreign ministry spokesperson says Islamabad will devise strategy to get out of difficult situation

Benchmark index finishes 133.95 points higher to settle at 39,586.76

Calls upon the government to take urgent measures to reduce the country’s dependence on borrowing

It is concerning that the water storage capacity of the two dams has depleted significantly, LCCI says

Since December, the rupee has cumulatively shed close to 13% of its value

CEO Danish Lakhani says project to enhance footprint was not without challenges

FCCI suggests separate bank accounts for Bhasha, Munda and Kalabagh dams

Auditors find power utility has suffered Rs350m loss due to the scandal

Production cost rises after 35% surge in international coal prices

IPR report reveals targets listed in manifestos were largely missed

Pakistan falls short by $1b as oil-exporting and producing countries cut back

Issues faced by investors have yet to be addressed; land acquisition process, however, gets under way

Made operational worldwide to facilitate overseas Pakistanis

Board of directors to meet on Wednesday to select new chairman

At close, index finishes with gain of 164.33 points to end at 39,452.81

'This campaign is the first step in the initiative to plant first 10,000 and then a million trees across Pakistan'

NBP employees volunteer enthusiastically and work in conjunction with the medical teams of AMTF

Since December, the rupee has cumulatively shed close to 13% of its value

Caretaker minister says no one being favoured

Fears move will hamper smooth supply of electricity to consumers

Hits record high at Rs23.8 trillion with an increase of Rs9.4tr over five years

PRGMEA central chairman says govt considering proposals to give maximum relief

Focuses on long-term measures that promote sustainable investment in Pakistan

Meeting, chaired by finance minister to take decision, remains inconclusive

SBP says regular operations will not be affected

CAA directs airline to inform passengers affected to avoid any inconvenience to them

New factory will double current capacity for mobile phones to an annual 120m units

At close, benchmark index loses 995.66 points at 39,288.48

Pushes access to finance to the sixth place among factors behind the success

After completion of several energy projects, country is
still facing outages

Internal rate of return on equity should be reduced as risks
go down

Development highlights issues faced by aviation sector in Pakistan

Unfolding debate largely devoid of any sensible plans and strategies

Govt told to justify taxes imposed on sale and import of oil

Directs formation of JIT to probe money-laundering allegations

Political uncertainty, Avenfield verdict, macroeconomic concerns pull down the market

It has added over 311 million units of electricity to the national grid

PFVA says action plan will be presented to govt elected to power

Tax suspension can upset target, says PRA

Lack of good quality start-ups primary reason behind slowdown in financing

Plantation has already been delayed this season; could affect output

Reduction in prices of petroleum products will be effective from midnight Saturday

Although Trump has brushed off warnings, Beijing has weapons beside tariffs to cause damage in a fight

Fuel oil prices fall from multi-year highs in Asia’s energy market

Beijing calls it largest-scale trade war as Trump threatens tariffs on $500b of goods

Benchmark index rises 45.33 points to finish trading at 40,284.14

Will raise financing for two critical water reservoirs