Business

Investors buy precious metal to avoid impact of rupee devaluation

Move will have positive effect on financial position, earnings

Country’s indicators fall below levels seen by world’s poorest nations

Predicts China’s recovery but warns of stubborn inflation, volatile global market

Bank president announces innovative climate finance facility

Says it will ensure better transparency as market shifts towards liberalisation

Demand free access to wheat as 70% mills in Karachi shut down

Businessmen for converting bilateral, multilateral relations into commercial ties

Govt chokes economy to save trade dollars, stave off default

Issues nearly Rs620b in supplementary grants in first 10 months of FY23

Banking crisis leads to deposit outflows from smaller lenders

Weak data from China, US rate hike talk offset OPEC+ cuts

Participation in travel mart to promote soft image of country

PM aide calls for providing workers access to essential benefits

Claims overseas sales have already stagnated, blames govt’s apathy

Study advocates business models to boost renewable energy, liberalise energy market

Credit to private sector, however, slows five times to just Rs220 billion

Money is there to pay in local currency but foreign exchange is missing

Prices of kerosene, light diesel oil also reduced by Rs10 after fluctuations in global oil prices

Once done, imports should be relaxed, especially for exports and high revenue items

While world races towards growth, Islamabad’s politicians bicker inconsequentially

Recent Covid-19 pandemic, flooding disasters lead to rise in demand for insurance products

Revised CDMP reveals Rs952b more will be added to circular debt this year

Stable quality, fair colour of sesame give competitive edge

Finance ministry admits central bank’s contractionary monetary policy not working

Foreigners turned net sellers during the week under review as they sold stocks worth $14.2 million

Project will help meet LNG demand from Australia’s trading partners

CCOE forms body to deliberate further, give report in 10 days

Businessmen demand strict measures, advanced meters to control losses

Envoy says order for oil placed in consultation with Washington

Claim they have been denied wheat supplies by Sindh govt

Metal reaches Rs219,500 per tola as investors opt for safe-haven asset

Industrial units will pay OGRA-notified gas tariff from May 1

Commission recommends minimum tax on all movable, immovable assets

Company, shut for over 2 months, blames LC curbs, halted foreign payments

‘You need to go and kill that beast’ of inflation, says IMF European department director

Ethiopian Airlines to start flights between Addis Ababa, Karachi soon

How the country with stagnant economy squanders migrant talent

Goal missed despite introducing mini-budget, steep currency devaluation

Both crude benchmarks set for weekly loss of 2-3%

Intends to seek SBP permission to commence due diligence

Automatic grinder is a widely used machine for value-added agricultural products in China

Experiences slight uptick of 0.03%, reaching Rs283.84 against US dollar

Gallup survey says overall unemployment rate stands at a staggering 6.69%

Also okays grant of Rs500m for Nashonuma project of BISP

OICCI report says Pakistani freelancers earn less money than others

Thanks to 41 paisa per unit reduction in FCA in March

Rupee dips to Rs283.92 against the US dollar in inter-bank market

Such charges will apply to ‘non-protected consumers’ with effect from Jan 2023

High-speed diesel may become cheaper by Rs5.41 from May 1