Business

The deputy governor outlined three key challenges facing central banks and financial institutions.

Surpasses Rs309,500/tola; rupee loses Rs0.09; SBP's forex interventions hit $5b between June-Nov 2024

The company had reported revenue of 280.15 billion yuan for the three months ended December 31

Aurangzeb pushes for cashless economy, AI, digital assets at banking summit

The automaker cited upgrades to its Suzuki Alto variants as the reason for the price revision.

The deal follows an improvement in relations since interim govt led by Nobel laureate Muhammad Yunus took over

The price of gold per ounce rose by $12, reaching a new high of $2,948.

Finance Minister Aurangzeb earlier said Pakistan expects $1-1.5 billion in climate funding.

Market has significant growth potential, but it is crucial to build investor trust

With proper branding and strategic export initiatives, Pakistan could become leading global supplier

Excessive taxes are detrimental to labour and capital, poor and rich, young and old alike

People who sit in assemblies simply do not have ability or desire to do what is necessary

Report says consumers will be in line of fire from higher prices of essential goods exacerbating cost of living crisis

A new policy to boost gas production, backed by SIFC, enables 35% private sector investment in the energy sector.

Aurangzeb pointed to positive economic indicators, including a rise in the number of remittance senders to 35 million

HESCO, SEPCO responsible for over half of losses due to inefficiency, theft

Washington threatens sanctions like Iran if demand is not met

Approves share transfer to president to clear way for privatisation of companies

KSE-100 closes at 112,801 as profit-taking halts rally amid IMF review, foreign outflows

Bank achieves industry-low 19% cost-to-income ratio; declares Rs5.50 dividend

Nabeel praised the formation of a dedicated task force and highlighted ABAD's proposals

Strategic partnership aims to simplify trade processes and empower women entrepreneurs

Goldman Sachs expects US to remain primary destination for heavy crude

Textile, auto sectors picked in pilot phase for formalisation

The profit reflects a 13% year-on-year growth, despite high inflation and investments in the bank's infrastructure.

In the international bullion market, the price of gold per ounce has risen by $6, reaching $2,936.

78 customs officers, smugglers under investigation for major smuggling ring

Inflationary pressures resurface as prices of essential items spike

IPOR calls on govt to strengthen enforcement efforts, impose penalties

HLSCC proposes to enhance trade, investment, tourism, energy and defence ties

Minister directs provinces to set up stalls, says public to access sugar at Rs130/kg

Falls to Rs307,000 as global rates decline, rupee loses 11 paisa closing at Rs279.57/$

Inks MoU to promote awareness about Hemayah Family Takaful

Cement, banking shares drag index down; Lucky announces 5-for-1 stock split

With weak tech systems, digital banks struggling to commence full operations

Through cooperation, the efficiency of wheat varieties can be lifted.

PM directs to address retailers' concerns and prioritise bringing non-compliant retailers into the tax system.

The Bybit hack led to $1.4 billion in stolen ETH, with funds now being transferred across multiple addresses.

Gold prices dropped by $23 per ounce in the international market, reflecting a similar decline in local gold markets.

The Saudi Riyal saw a slight shift, with the buying rate at Rs74.49

Pakistan has highest tax on branded milk globally; Aurangzeb assures review

The plan aims to address the issue of circular debt.

Call for 50% local value addition in RE projects rising to 90% by 2028

Despite jitters from C/A deficit, strong earnings propel index higher

He highlighted that several buildings misuse designated parking areas for commercial purposes.

LSM sector contracts 1.9% in Jul-Dec due to high cost of business

Govt to unveil second reform package by March, allocates Rs477m for digitisation

Metal reaches Rs309,000/tola; SBP reserves rise $35m to $11.2b

Experts urge move towards digitalisation to boost exports, job creation

Say re-election of trade bodies will be waste of resources; propose consultation