Business

Fitch announces review of US debt rating if ceiling is not raised

Alliance insists on alignment of national, economic and renewable energy strategies

Company will work on quality improvement, ensure pre-shipment inspection

Chairman says taxmen prematurely bluffed to show good performance before media

Stresses govt has undertaken reforms to improve investment climate

The refinery, expected to be Asia’s largest, will be established in Yarak area of Dera Ismail Khan

Products with international demand should be identified for display on Pakistan Pavilion at Dubai’s global village

The central bank has imposed 100% cash margin on the import of certain goods to restrict the demand for US dollars

Petitioners argue the companies do not qualify for incentives under new policy

Benchmark KSE-100 index rises 2.21% to close at 42,910.79

The cut is expected to provide customers relief worth around Rs20b

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

EFU Life receives Consumer Choice Award

Officially concluding its philanthropic #ShareYourMeal campaign

Chinese firm wants all or part of Italian-American brand

Expert says university curricula are not in accordance with industry’s needs

Aims to enhance work performance, ensure safe and smooth operations

Plans to import advanced CNG kits for 660cc to 3,000cc vehicles

Says overall progress is good, but we need to work faster on Gwadar airport

Current account deficit shoots up, imports increase due to devaluation rumours

Strong income from secondary sources boosts profit

Demand cut in utility tariffs, payment of tax rebate

The effect of losses and subsequent low cotton prices have transformed buying interest

Pakistan, China agree to first complete projects before opening CPEC’s door to others

Index, however, recovers from over 1,000-point loss, ends marginally down

Amount is largest sum awarded in series of talcum powder lawsuit verdicts against company

Power projects of over 3,000MW are also being set up at the port

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

Gravel stone project is also being initiated at Kahuta, Rawalpindi

Rs180b textile package announced by ex-PM may further be incentivised

SEPC’s activities are governed through various laws

It is expected to attract investment from overseas Pakistanis

'Fruit fly is a very dangerous insect which caused a 30% decrease in mango, guava, kinnow productivity'

Federal govt has refused to delegate powers to provinces despite passage of 18th Amendment

Project will ensure smooth flow of oil across the country and curb theft

Planning Commission deputy chairman wants improvement in planning, execution of schemes

Govt needs to take steps like rupee depreciation, duty on non-essential imports, dollar bonds

Ask PM to offer amnesty scheme to resident and non-resident Pakistanis

Benchmark index falls 2.15% to close at 42,153.38

Running a trade surplus implies letting the currency rise or allowing money to flow to trading partners.

Scheme of piped LPG networks may be substituted with subsidised distribution in cylinders.

Economic growth cannot be created by infrastructure investment alone

Govt needs to focus on governance to ensure sustainability of mega projects.

Despite deliberations, govt fails to finalise national water policy in four years

KCCI asks SBP to take strict action against the companies

Agree to share trade data, send proposals for federal budget

Business forum says Pakistan has untapped export potential of $13b

Says he will try to get remaining Rs120b of the textile package released

Say biotechnology mitigates adverse impacts of climate change

Benchmark index sheds 2,210 points in outgoing week