Business

Falls to Rs196,000, a drop of Rs14,500 from record high of Rs210,500

Embassy delegation meets SAPM to lend support to foreign beverage firms

KE says it is owed Rs486b in tariff differential subsidy claims

G20 finance ministers, central bank governors will meet between February 23-25

ThalNova and TEL collectively will provide 660MW of electricity

Pressured by worries that future US rate hikes could weigh on demand

Dropped to $932 million, down by 15% compared to January 2022

Industry denounces govt for violating approved pricing formula

The country can no longer afford to have a large current account deficit

Directive comes as revenue board plans to buy 155 such vehicles

Senate panel endorsed budget with razor-thin 3-2 majority, gave suggestions

Terminal operators face rapid decline in revenue due to delay in clearance

Says digitisation offers innovative employment prospects to 23% of the population

UN appealed for over $1b in funds for relief operation

Applicable to all consumers of DISCOs except KE, lifeline users

Debt shrinks in dollar terms as foreign banks refuse to roll over loans

Gas being provided at 70 cents per mmbtu to fertiliser manufacturers

Petrol price jacked up by Rs22.20; HDO by Rs17.20

Market talk suggests dollar buying by central bank has bolstered reserves

AdalFi’s proprietary technology scores the financial transactional data already possessed by banks

Tax-paying manufacturers fear volumes will shift to tax evaders

Group achieved double-digit revenue growth of 10.2% - the highest in its history

LCCI says NEPRA’s MDI initiative is leading to closure of industries

Govt approves extension keeping in view energy crisis in country

Market talk suggests the rupee continued to gain strength in wake of an increase in supply of dollars in the market

Businesspeople say discontinuation will make textile export industries unviable

Plans to make purchase from World Bank’s $400m revenue raising project

Climate change minister urges corporates to help steer country out of crisis

PTA aims to secure telecom data, infrastructure against cyber-attacks

Weighted average cost of gas to go up by 43%, says AHL

Says exporters can invest in Africa’s agri-sector, transfer technology

Some objectives seem contrary to agreement between Pakistan and IMF

Senate panel asks for details of KE receivables and payables to govt

Seeks to switch to coal to provide citizens reliable electricity, reduce fuel imports

Will give strong signals of market stabilisation policies, ease inflationary pressures

New rating indicates country is managing high risk of default on its foreign debt

Approves increase of up to 113% in natural gas prices

To improve network reliability for smooth and reliable supply of power

Automaker earned Rs1.3 billion in quarter ended Dec 2022

Reduced sales attributed to partial halt to production, price surge

Struggling to stay afloat amid shortage of raw material, high inflation

Oil edges higher as market weighs Russian supply cuts amid demand fears

Regulator considered proposal to reduce tariff for net metering users to Rs9 per unit

Inflows through official channels slip below the $2b mark in Jan

Net FDI was $2.6b in 2019-20 which declined to only $1.87b in 2021-22

Paxos says it would stop issuing new Binance USD, which is backed by traditional cash and US Treasury bills

The remittances dropped 11% to $16 billion during the first seven months of current fiscal year

Duration of the talks cannot be confirmed but we intend to wrap these up at the soonest, says Finance Secretary

Economic challenges Pakistan is facing will remain there for quite some time

As 85 countries have adopted 5G, we will also have to implement technology