Business

It’s real reason of potential default as govt needs dollars for oil imports

Perhaps average age of policymakers needs to come down from 70s to 40s

Pakistan is a country where ratio of taxes to size of economy remains quite low

Dar asks for applications to be collected by April 4

Finance Ministry report reveals external public debt rose significantly in the past six months

Rs5 PDL hike aims at fulfilling another foreign lender’s condition

Aims to reduce US dependence on China for EV battery supply chains starting April 18

Investigation ongoing into possible violation of ‘related party’ transaction rules in the Adani Group’s dealings

Plans to stick to its mandate as an apolitical multilateral lender

Oil marketing firms claim losses of billions owing to rupee’s slump

Raised $23.1m in 1Q23, marking a big 55% surge from the previous quarter

KSE-100 index inches up by 58 points, or 0.15%, and settles at 40,001

NPLs have increased by almost 3% to Rs938.67 billion in the quarter ended December 31, 2022

Country at the doors of hyperinflation

On course for weakest performance since Nov 2022

Says supply chain disruptions have forced company to extend shutdown until April 15

Pakistani rupee inched down 0.05%, or Rs0.13, and closed at Rs283.79 against the US dollar

Announcement comes as nation struggles with external liquidity

FBR will collect tax from DISCOs on actual amount received from consumers

Tenure of directors has already been extended a couple of times

May compel IMF to demand a cut in expenses or the imposition of new taxes

SBP tightens rules to discourage traders from creating artificial shortage of dollars

Regulator releases inquiry report on power breakdown after two-month delay

Ex-Punjab governor urged businesses to play role in enhancing exports to EU

Renews commitment to acquiring Karachi-based private power utility

Says every exporter is being served 10 notices

Claim the delays are causing a liquidity crunch, hampering exports

SBP cites external debt repayment as reason for decrease

Creeps up to Rs283.66 vs dollar in inter-bank trade

Approves advisory agreement with IFC against heavy drawbacks for Pakistan

Requested adjustment of Rs6.7b due to failure to evacuate power from Thar coal-based plants

Decision to impose taxes on banks involved in currency manipulation still pending

Believe financing will help country get rid of IMF programme

To reduce emissions, Beijing has lent 300b yuan via relending tool

Oil edges slightly higher as a smaller-than-expected output cut in Russia offsets worries of tight supply

Splits into six units days after Jack Ma’s return to China

Posts increase of 780 units compared to 663 units in previous year

Experts say Pakistan needs judicial reforms, consistent policies

Federal minister says BRI provides developing countries with investment to fill economic gaps

Fuel cost may go down by Rs14.31 per litre for first fortnight of April

Inflation likely to reach 35.8% in March , driven mainly by high food prices

Dollar demand stands low due to no major import payment

Management defends decision, saying tendering complied with public procurement rules

Bonus slashed to 65% from 85% with promises to assess staff performance

Experts say agriculture sector uses over 90% fresh water, but wastes 50%

Country hosts third largest unbanked adult population globally, with over 100 million unbanked

Lender’s president says more investment needed amid higher uncertainty

Say move will give rise to illegal players

Oil, gas producing company in financial trouble as major customers default

Terms the new gas and electricity rate anti-business, anti-industry