Business

Australia pledges AUD 3 million to boost Pakistan's climate-resilient water management.

Say boilers firing up by Nov will benefit growers impacted by climate change

Ogra cuts RLNG prices by up to 7.11% for October 2024, due to lower Delivery Ex-ship rates

Forex reserves hit 30-month high, remittances and exports bolster rupee

Online retail payments surge 84% on changing preferences, tech adoption

ECC allows shipment of 500,000 tons based on contradictory summaries

SPI slows down after two consecutive weeks of increase

Govt pledges to limit powers of SIFC, PSWF

Last month, price hit an all-time high of Rs277,000 per tola

Out of 435 companies traded, 130 registered an increase, 251 saw a decline while 54 remained unchanged

Petrol and diesel prices expected to rise by Rs5 and Rs13 per litre due oil price increase in the international market

Lower interest rates fail to give boost to demand for cars

Corporates fraudulently claim 25% input tax adjustment against 4-7% benchmark

Report says growth rate is insufficient to reduce rising poverty rate

Share prices plummet up to 26% as govt seeks to reduce soaring energy costs

SBP reserves hit 30-month high at $10.8 billion, yet rupee weakens, shedding Rs0.07 to Rs277.79 against US dollar.

Experts stress usage of nuclear power to address energy shortages, climate change

KSE-100 index drops 216.06 points, settles at 85,453.22

Pakistan revises first five IPP contracts, shifting to a 'take-and-pay' model, easing financial strain on the economy.

Leading manufacturer says industry lags behind in quality, global standards

PPMA urges updating drug laws to global standards as multinationals exit, stressing the need for urgent reforms.

The Pakistani rupee weakened slightly, ending 0.02% lower against USD at Rs277.79 in the interbank market

We have complete data on non-filers, and action will commence on a large scale from November, says Rashid Langrial

Company says sale includes all of its business and four factories in Russia as well as its business in Belarus

S.M. Tanveer, Patron-in-Chief of UBG, expresses gratitude for the success the Task Force on IPPs.

Proposal aims to allow dual nationals as central bank leaders, fill key vacancies

The government remains firm on not offering 100% shares to investors amidst the current challenges.

The buying rate of the British Pound (GBP) stood at Rs361.40 and a selling rate of Rs 365.00.

Urge SHC chief justice to take suo motu notice of resident's grievances

FinMin rules out agreement signing next week for debt rescheduling

Minister for commerce pledges revival of cotton industry

KSE-100 index adds just 5.30 points, settles at 85,669.28

ADB reaffirms support for Pakistan’s reforms and economic stability in talks with government officials.

September inflows stabilise rupee, forex reserves; reach $8.8b in Q1 of FY2024-25

Global economy may lose $14.5 trillion over five years due to geopolitical conflict disrupting supply chains.

Other consortium claims arbitrary exclusion from bidding process

PPMA seeks government support to boost pharmaceutical exports, proposes Pharma Export Promotion Council creation.

Major remittance sources were Saudi Arabia with $681.3m, UAE with $560.3m, UK with $423.6m, and USA with $274.9m

With these awards, Osaka Batteries is recognised for its exceptional performance, innovation, and consumer trust

The British Pound (GBP) is currently trading at Rs361.50 for buying and Rs365.10 for selling.

Overseas Pakistanis sent $8.8 billion home in the first quarter, a significant increase in remittances.

Musadik Malik, Jam Kamal Khan receive Saudi investment minister Khalid bin Abdulaziz Al-Falih at the Noor Khan Airbase

The market opened with strong momentum, with the KSE-100 index gaining 254 points.

Aims to increase remittances to support import financing, debt repayments

ECC says estimates are inaccurate, demands clear financial plan for 2025 event

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KSE-100 index soars 753.68 points, settles at 85,663.98

Promises direct access to farmers but concerns remain about small growers' inclusion

Traders complain of financial losses as poor infrastructure disrupts traffic, commerce