Business

Loses Rs0.17 owing to rise in dollar demand for imports, building reserves

Power Division acknowledges failure to address inefficiencies, mismanagement

Aurangzeb says Pakistan plans to increase revenues by 1.5% of GDP in FY 2025 and by 3% over the subsequent three years

Path forward requires strategic focus on boosting productivity

For economic revival, ground realities and plea of different sectors being ignored

Pakistan needs to adopt policies that encourage sustainable growth in exports

Incentives for adoption of renewable sources and energy efficiency critical for closing gaps

Stricter US export controls, limited cyber offensive capabilities hinder progress for Pakistan

Say industry’s forex losses have accumulated to Rs26b

Seek urgent govt action to prevent more closures, runaway unemployment

Agrees to major overhaul of Pakistan Sovereign Wealth Fund Act

Tesla, Alphabet to kick off results from ‘Magnificent 7’ on Tuesday

KSE-100 index gains 174 points, or 0.22% WoW, settles at 80,118

Maintains CCP decision, imposes reduced fine of Rs2.5m

Traders call for rolling back tax hike, ensuring drivers’ safety in remote areas

Expert says heavy funding needed to improve voice, data service quality

Second-highest historical investment in sovereign debt securities reflects rising economic confidence

Marks lowest deficit since FY11; FDI rises to $1.90 billion vs $1.63b in FY23

Govt’s net income projection falls short by Rs656b amid rising interest payments

Bitcoin's value soared 15.9% over the past week, hitting $67,500, with the crypto market reaching $2.43 trillion.

Find it tough to fetch export orders in high inflationary phase

KSE-100 index tumbles 1,721.97 points, settles at 80,117.89

Mark 24% YoY increase driven by GCC expansion, favourable policies

Minister assures cotton ginners of addressing tax concerns

Urges govt to reassess taxation measures, reduce energy tariffs

Will give company staff, LEAs 30% of arrears recovered from defaulters

Currency appreciates by Rs0.04, gold sees significant correction

SPI reading increases 0.76% as food, energy cost more

Inflation and high interest rates fuel surge in insolvencies since 2009

Ankara has exclusive rights to explore and produce hydrocarbons in three offshore blocks in Somalia

The drop represents a 2.15% decrease from its recent all-time high of 81,839 points

A study revealed 45% of wealthy investors under 43 own physical gold, with another 45% interested in holding it.

Plans to pump $1.3b into refinery for setting up hydrocracker unit for clean fuels

Says intl companies not interested in offshore oil exploration due to security costs, business environment

Says economy faces slow growth amongst regional peers, elevated debt level

Underline need for utilising electricity from cheaper sources sans capacity charges

KSE-100 index surges 684.25 points, settles at 81,839.86

Envoy calls for greater financing, fiscal space to help developing countries

Calls for expedited preparations, swift action on ML-1 project to ensure timely completion

Cautions exports may fall significantly if its proposals are ignored

Assures traders govt is taking steps to get rid of IMF permanently

Overvaluing of rupee, pent-up demand for greenback pulls currency down

Finance Minister responds to market demands with spending cuts with economic concerns

Central bank cautious amid downgraded economic outlook and falling inflation

Luxury watch prices fell 23% in two years, as tracked by the Bloomberg Subdial Watch Index

Local price of gold per tola soared by Rs4,600, reaching record high of Rs254,000

Upcoming budget is expected to see an increase in spending on infrastructure and welfare programmes

Challenges are compounded by the ongoing economic strain and the need for continued reform

Inefficiencies, political interference, and outdated infrastructure fuel soaring costs