Business

Power consumers will pay Rs335b in FY24 to cope with circular debt pile-up

Food, beverage and transportation prices surged more than 45%, says PBS

Ministry says volatile exchange rate, high interest are reasons for increase

Calls MPC meeting 14 days ahead of schedule to appease IMF

Lost ground on conflicting reports about the revival of IMF programme

Comes under fire for failure to complete transmission line from Thar projects

More than 70 businessmen have signed up for the historic trade delegation flying to Addis Ababa on March 5

APTMA chairman urges govt to take stakeholders into confidence before notifying reduced timings

Cuts rating to Caa3, says disbursements may not be secured in time

Petrol rate may go down by Rs7.7 per litre for 1st half of March

The global rating agency, however, ‘changes Pakistan's outlook to stable from negative’

Presented Thakot and Pattan as contenders for project readiness financing

Inflation has slowed, but not enough for central bankers to feel the war is won

The rupee maintained an uptick on the fourth consecutive working day to a new one-month high at Rs259.92

‘Big consumers’ to be switched to Advanced Metering Infrastructure system by June, says Dastgir

New arrangement will enable banks to lend without competitive bidding

APPNA accuses govt of burdening overseas Pakistanis travelling home

Govt also set to increase GST rate to 25% on consumer goods via SRO

Mother tongue is advocated by experts as indispensable instrument in achieving UN SDGs

It will be source of income generation for companies, individuals involved in recycling

Causes of inflation are deep-rooted, cannot be addressed in short span of time

Despite IMF programmes, every socio-economic parameter is virtually in red

Had country been reliant on its own resources, it could have avoided sharp deficit

Rejects arguments recession or higher unemployment is needed to reduce inflation

It comes as China asks global lenders to take haircuts on loans

Banning private cryptocurrencies should be an option: Georgieva

Envoy highlights potential to boost bilateral trade volume

Says product diversification will help country get better market share

Says MDI charges are low, will hold hearing next week

Exempts them from taxes on profit earned through investment in T-bills, PIBs

Benchmark KSE-100 index drops by 411 points to close at 40,708

Minister says project will bridge digital divide, ensure internet access to youth

Revises budget gap forecast to Rs6.2tr in light of recent talks with IMF

India says it wants a collective global effort to deal with problems posed by cryptocurrencies such as bitcoin

Say surge in steel bar prices has forced construction industry to close business

Comes up with proposal on fears circular debt may jump to Rs3 trillion

Conducts additional analysis on fuselage component

Sees potential of enhancing trade in agriculture and agro-products

High fuel prices, fierce competition changing industry dynamics

Industry points out higher taxes will also lead to increase in smuggling

Bolstered by prospects of lower Russian exports

Gains 0.36% and reaches Rs259.99 in inter-bank market

Conducts OMO to ensure ample liquidity remains in banking system

Deal expected to encourage exchange of goods and services, ease trade process between the two countries

Praises Indian-American for forging public-private partnerships

Minister insists industry needs right set of policies to enhance exports

Voice concern over sustainability of business

Diversification will enable country to switch to export of higher value-added products

CEOs of leading companies air concern over deteriorating financial health

CCOE may allow oil refineries to spend deemed duty on upgrading plants