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PSX skyrockets to new record high
Benchmark KSE-100 index surges 1,203.20 points, settles at 69,619.99
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Transparency in wheat procurement sought
Farmers, businessmen stress need for website accessibility, call for private sector collaboration
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OGDCL plans to drill 80 wells for tight gas
Announces first discovery of tight gas in Sindh under new policy
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SBP unveils new framework for BISP beneficiaries
Aims to provide direct crediting of financial assistance through all banks, MFBs nationwide
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Remittances soar to $2.95 billion
March sees 2-year high; IFC approves $400m financing for PTCL
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Minister for strict steps against electricity theft
Initiates crackdown to safeguard power grid, sets April 23 deadline
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Iran-Pakistan pipeline: a much-needed lifeline
Calling the energy crisis in Pakistan the mother of all crises is not an exaggeration
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Waterways revolution: a green, blue future economy
Pakistan fails to utilise canals network more efficiently despite huge cost benefits over road transport
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Adopting technology to tackle crimes
Karachi Safe City project will eliminate 90% of crimes, help businesses flourish
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Pressing need for absolute eccentric reforms
While democracy may be touted as necessity, it is certainly not enough to solve problems
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IMF must lower industrial tariffs
Without such measures, years of economic contraction can breed frustration
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Fertiliser industry lacks competition
CCP probes pricing mechanism as sector gets huge benefit of subsidised gas
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Liberty confident $125m bet will reap rewards
Company buys thermal energy assets of country’s largest conglomerate
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Boeing mulls shedding Airbus work
Both try solving quality problems, hold down costs as Boeing deals with crisis
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Iran desires to import more agri-products
The envoy announced that the Iranian president was expected to sign a MoU on livestock quarantine and plant protection
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Tesla scraps low-cost car plans
Musk has since repeatedly promised such a vehicle to investors and consumers
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‘Unilateral tax reforms prove ineffective’
FPCCI advocates simplification of system to boost tax-to-GDP ratio
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PBF advocates 25% fund allocation for SMEs
Urges banks to prioritise sector, calls it backbone of economy
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ICC upholds Pakistan’s jurisdiction in oil dispute
Court rules Frontier Holdings Limited must bear arbitration costs, set at $250,000
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Soaring debt pile worries industrialists
Businessmen ask govt to avoid more loans by promoting local brands
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Rs48b sought for CPEC energy debt
Sum is insufficient to clear backlog which has already reached Rs487b
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PM unveils initiatives for govt reform
Announces plans for minimum economic protection to govt functionaries
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Weekly inflation reverses trend
SPI surges, marking end to slowdown registered in past two weeks
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In record-setting rally, PSX soars above 68k
KSE-100 index gains 1,412 points, or 2.11% WoW, settles at 68,416.78
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World food prices rebound from lows
Get boost from rises in vegetable oil, meat and dairy products
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Rupee holds firm near 5-month high
Indicates stability as forex reserves continue to grow
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ECC okays 69% less wheat purchase
Allows borrowing of Rs275b for procurement; no target set for Punjab
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Exporters criticise govt’s blue passport incentives
Urge focus on middle-class relief, SMEs growth
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Business confidence down: Gallup
Survey reveals growing pessimism among businessmen regarding economy
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KE to add 640MW of clean energy in two years
Foreign firms to pump over $400m in wind, solar energy projects
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Gold hits record high amid global turbulence
Rupee stable at Rs277.83/$ 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