Business

Aurangzeb discusses fiscal strides with global financial leaders; hopes for credit rating upgrade

Cabinet approves sister port proposal that will give fresh fillip to bilateral trade

Company denies wrongdoing, claims it did not violate anti-monopoly laws

Request comes less than two weeks after extension of current $4.3b facility for another three years

Chipmaker's market value briefly touched $3.53tr, slightly above Apple's $3.52tr

Participates in Yangling expo that facilitates dialogue with collaborators, experts

Index zooms nearly 4,750 points due to easing political noise, rate cut hopes

Lumin EV hatchback at Pakistan Auto Show 2024, aiming to make electric mobility affordable and accessible

Says automakers can produce highly complex parts that meet global standards

Highlights investment opportunities, reforms in series of meetings with banking giants

Asian Development Bank's board is expected to review the loan approval on October 29

Pakistan promises to fully clear invoices for power projects since FY24

Hike in food prices may force SBP to make moderate cut in policy rate

Agree to cooperate in textile sector at TEXPO exhibition

Phase-I of WTO agreement targets illegal fishing, overfished stocks

Says prudent monetary policy, fiscal consolidation have restored economic stability

Good corporate earnings provide stimulus; KSE-100 soars 1,048 points

Aims to establish state-of-the-art research centre with Chinese help

In case of failure, port can be declared unsafe as shippers suffer losses

Dar and Moraka underscored need for regular engagement, dialogue

Currency gains Rs0.20 vs dollar amid increased dollar supply

The projects elected JA Solar DeepBlue 4.0 Pro modules due to their outstanding reliability

PKR sees slight gains against USD, appreciating 0.07% to close at 277.64

Gold prices fall for second day in a row, dropping by $8 per ounce internationally and Rs800 per tola in local markets

Benchmark KSE-100 hits 90,087.41, reflecting an increase of 1,109.73 points during intra-day trading.

Oil industry raises concerns over conflict of interest, biased decision-making

FBR shifts anti-smuggling powers from Customs Intelligence to DG Enforcement in a restructuring move.

Falls short of Rs342b provincial cash surplus goal by Rs182b in first quarter

Indian government approves ₹10 billion fund for 40 startups, aiming to boost its commercial space market share by 2033

Banks risk facing extra taxes as ADR falls six percentage points, well below mandatory level of 50%

Bilwani says businesses and trade suffer as government institutions remain closed on Saturdays.

Aurangzeb pledges full support, highlights positive economic indicators at roundtable

Object to Telenor's acquisition; PTCL argues merger will not dominate market

Investor interest driven by blue-chips, rate cut talk; KSE-100 index soars 1,751 points

Forex reserves reach $11.04b after 13 weeks of growth, rupee weakens to Rs277.84/$

It focuses on green energy, women empowerment, regional linkages

Investor enthusiasm driven by anticipations surrounding upcoming monetary policy meeting set for November 4

IMF has already approved $7b bailout, but has further funding available via its Resilience and Sustainability Trust

New policy targets Rs200b annual bank tax evasion, promotes private sector lending

Gold prices fell by $23 per ounce and Rs2,300 per tola in both global and local markets; silver prices remain stable.

Pakistani rupees slightly depreciated against major currencies, with the US dollar selling at Rs278.10

The rally continues, briefly touching 88,000 points during intraday trading.

Gold hits record Rs285,400 per tola as global uncertainty drives surge; Pakistani rupee stable at Rs277.73 against USD

Declines to 12,487 GWh as energy mix changes, demand weakens

Ministry warns uncertainty could discourage farmers, impacting sowing targets

New technologies offer solutions for health, aerospace, construction and energy sectors

Index shoots up 728 points on robust corporate results, institutional buying

Urges sectoral collaboration, increased B2B interactions to boost trade

Urges MDBs to expand grant opportunities, concessional financing windows

Directs Petroleum Division to address issues hampering refinery upgrade plans