Business

Will run a super-critical power plant of 660MW production capacity

Says PML-N should return amount accumulated during its tenure

Analysts expect positive run in light of pro-market budget announcements

Also exempts project sponsors from all duties and surcharges

Pakistan receives amount amid depleting foreign exchange reserves

Miftah says need to go to IMF for a bailout package

Measures taken to encourage manufacturing of computers and laptops

Fertiliser manufacturers biggest beneficiaries

Consumers of electricity and commodities will receive some relief

Trade deficit for current fiscal year estimated at $29 billion

PML-N govt proposes Rs1.1 trillion budget for three wings of armed forces

Govt allocates Rs1,644 million to information ministry

Sets high target despite failing to meet goal in outgoing year

Duty on charging stations for environment-friendly vehicles removed

Pressure to mount on foreign currency reserves due to growing debt pile

Gives incentives to industrialists, stock market as well as importers of coal and LNG

Analysts say market to witness rally immediately

Taxation measures outweigh relief offered to industrialists, agriculturists and salaried

Increase in diesel price, widely used in transport and agriculture sectors, will lead to higher inflation rate

The report does not trigger any immediate sanctions

Amount is 2.9% higher than allocation for 2017-18

Finance Minister Dr Miftah Ismail delivers budget speech in National Assembly

President Mamnoon Hussain administered oath to Ismail during a ceremony at the Presidency

Govt sees dire need for conducting latest census of manufacturing industries

Will frame cyber governance policy in new fiscal year to tackle data theft

The sector surpassed last year’s growth of 2.07% with next-year’s target set at 3.5%

Government says it could be looking at next ‘incarnation of stock market’

Installed generation capacity has gone beyond 29,000 megawatts

Also gives approval to unaudited accounts of first quarter of 2018

Reforms made under IMF programme have now been reversed; government doles out relief with elections around the corner

 ‘Report confirmed significant improvement compared with the situation prevailing five years ago’

Economy expands to $313b; per capita income increases to $1,640, income inequality also up

ECC extends financial close deadline for Chinese firm to December 1

‘Political instability in the region due to Syria and Yemen wars is another reason for decline in workforce export’

Figures reflect improving domestic security situation

Decrease for 19th successive week on account of debt servicing, official payments

Benchmark index decreases 257.47 points to close at 45,460.87

Pakistan registered a growth rate of 5.8% in 2017-18

Amounts to Rs3.37b in nine-month period of July-March

Dealers’ association convenes meeting, says rate will now be determined three times a day

The company has reported a loss on other income of Rs94 million

Committee chief says undue favours in merger deal has tainted SBP’s image

It was due to gain from sale of Hub Power’s stake to Mega Conglomerate

Cautions CPEC will turn into just transit route if Pakistan loses sight of the project’s bigger picture

Users of ride-hailing app recently fell victim to data breach

Demands right to impose excise duty on crude oil production to boost revenues

Some major projects of CPEC are almost near completion while there are problems in other schemes

Benchmark index decreases 158.36 points to close at 45,718.34

It was last up 4.4 per cent at $9,387.15 on the Bitstamp platform

Researchers from around the world took part in the ceremony