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Gold hits record high amid global turbulence
Rupee stable at Rs277.83/$ as bullion body reports surge
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Refineries demand full recovery of forex losses
Draw govt’s attention towards forex burden, LC confirmation costs
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ECC sanctions Rs24b for supplementary budget
Funding will help pay liabilities of government, clear backlog
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Human development crisis deepens
Pakistan falls below Haiti, experts warn of catastrophe amid rising debt
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NEPRA fines DISCOs for load-shedding
Regulator imposes Rs50m penalty on power firms for violations, breach of legislation
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Azerbaijan seeks to resume LNG supply
Pakistan has already inked deal for buying one LNG cargo per month
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Forex reserves rise 0.23%, grow to $8.04b
SBP cites no reason for increase in reserves
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Rs558b borrowed via T-bills, target exceeded
Spike in borrowing indicates rising expenditures met with costly financing
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Engro Energy sells thermal assets
Strategic sale to Liberty consortium streamlines capital allocation
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Stocks climb to new record above 68k
Benchmark KSE-100 index soars 660.75 points, settles at 68,416.78
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Tax audit of fertiliser firms to be conducted
Council will probe failure of companies to deposit GIDC of billions of rupees
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PRL to sign supplemental agreement with govt
Eyes refinery upgrade, increased incentives under Brownfield Refining Policy 2024
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Rupee ends winning streak as imports rise
Currency dealers still believe that rupee has the potential to recover to Rs250-260/$ in the coming weeks and months
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NLC facilitates trade route to Tajikistan
Successful transport of potato consignment signals regional trade expansion
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Uzbek envoy says Punjab has potential of $1b trade
Presents roadmap for industrial cooperation to boost trade volume
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Cement sector sends PSX to record
Benchmark KSE-100 index surges 869.77 points, settles at 67,756.04
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Punjab revenue collection up 26%
Tax authority on track to achieve Rs240b annual target
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Govt shows interest in competitive tariffs
Minister assures textile sector of support, addressing concerns
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Rs273m programme trains 3,000 IT students
Sindh’s initiative aims to enhance skills and employability, promotes sector growth
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Think tank against debt restructuring
Govt’s PIDE proposes alternative strategies to tackle economic challenges
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Petroleum demand hits 21-month high
Rising sales signal economic stability amid smuggling risks
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Stocks rebound on improved CPI reading
KSE-100 index gains 89.94 points, settles at 66,886.26
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Cotton yarn exports to China cross $100m
Pakistan faces stiff competition from India, especially in non-Siro yarns
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Customs, motorway police combat smuggling
New protocols to enhance highway surveillance
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Rupee gains on hopes for fresh financing
The latest improvement took cumulative gains in the local currency to 10.53%
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High costs restrict textile exports
Shipments rise just 3% to $1.3b in March as exports become uncompetitive
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Industrialists warn of rising production costs
Express concern over IMF conditionalities, criticise govt privileges
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Rs30b net worth set for PIA buyers
May 3 deadline for submission of Statements of Qualification by investors
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Zardari urges quick trade deal with Turkmenistan
Pushes for strengthened ties, timely completion of TAPI gas pipeline for economic boost
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India hydropower output records steepest fall
Renewables accounted for 11.7% of India’s power output in the year that ended in March
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Trade deficit expands 56% in March
Import surge widens trade gap that poses challenges to external sector stability
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Rupee stable at 277.94/$
Currency stays at 5-1/2-month high on better dollar supply
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Real interest rate turns positive
Stands at 1.32%, prompts calls for cut in SBP’s key monetary policy rate
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Economic worries weigh on stocks
KSE-100 index decreases 208.79 points, settles at 66,796.32
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Pakistan, Japan pledge to strengthen trade ties
Envoy, minister discuss addressing import challenges to boost economic cooperation
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Govt okays expensive $500m ADB loan
Loan will be received in two instalments, with interest rates ranging from 2% to hefty 6.5%
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Sinotec plans to install solar panel plant
Plant will be established in heart of Karachi with 3GW capacity
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Karachi business leaders demand action on crime surge
Call on COAS, Sindh CM and IGP to urgently crackdown against gangs before Eid
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Aurangzeb, World Bank discuss growth
Examine strategies, investment avenues
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Inflation falls to two-year low of 20.7% in March
Pace of increase slows down for third consecutive month
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Facilitating Article 6 implementation for climate goals
Article designed to facilitate trade in emissions reduction credits between countries
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Do global economic policies entrap nations?
Examining the covert tactics shaping national economies, with Pakistan as a case study
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Abrupt ALR implementation: solutions sought
Newly imposed Axle Load Regime costs extra billions of rupees in goods transportation
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Hyperinflation and the mystery behind no protests
Pervasive political, social uncertainty prevents people from taking independent action
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Overhauling Pakistan’s tax system
Rationalising taxation laws and broadening tax base should be priorities
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Govt drops petrol bomb days before Eid
Price of fuel hiked by Rs9.66 per litre from today
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Online shopping boosts e-business
Experts say transparent policies, secure payment gateways drive growth
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Rupee strong below 278/$
Currency maintains rising streak for 12th straight day
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SLG’s Rs600m IPO marks PSX’s 2024 debut
Receives purchase orders for 50.69 million shares from investors against 50 million offered
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Inflation down by 0.09%
Despite dip in food costs, overall inflation remains high, prompting policy speculation