Business

Govt’s borrowing from banks has increased significantly in recent years

It sparks industry-wide panic that can lead to financial crisis, deepen recession

Khushhali Bank looks forward to continuing to positively impact clients’ lives, their communities

A guide for beginners to initiate investments through Systematic Investment Plans

Merely making big statements, staging photo-ops will not suffice anymore

Investors have pulled out of saving schemes to deposit funds in banks

Said it lodged lawsuits against Apple, app developers

In a letter, FPCCI presses central bank to call emergency meeting to find solution

Says allegations of exporters hoarding money abroad are entirely false

Country’s annual import of edible oil stands at a staggering $4 billion

KSE-100 index edges up by 49 points, or 0.12%, at 40,050

Oil refineries waiting for three years for approval of new policy

Investment had dropped to $110m in Jan, but rose to $125m in Feb, $155m in March

A 4.13% increased rate of return to make saving schemes lucrative and mobilise investment from the general public

Ample supplies, subdued demand contribute to drop

Total capitalisation of new firms stands at Rs1.8 billion

Source confirmed that application was an LLM targeted at business users

Russia threatened to bypass UN-brokered deal unless obstacles to agri-exports removed

Also exempts Polish energy firm from relinquishing 10% licence area

Average per month increase during Jul-Feb FY22-23 was Rs52.4 billion

90% of businesses surveyed believe country is headed in the wrong direction

44.49% hike witnessed on year-on-year basis

Cites deepening political uncertainty, developing judicial crisis in country as reasons

Bond yields steady as investors digest weak labour data

Minister of planning says CPEC must for Pakistan’s economic growth, regional connectivity

Also sought extension of 5-year government facility, ending on June 30, to pay interest costs

ICB expresses interest in buying Silkbank shares worth €50 million

Hike in gas tariffs on SSGC, SNGPL networks causing disparity in urea prices

Hits one-week high, closes at Rs284.42 against greenback

Cost saw an increase of Rs302 billion against original price due to rupee devaluation

Govt delegates powers to petroleum ministry to accelerate exploration activities

Local currency recovered to Rs284.25 per US dollar, ending its four days losing streak

WB says despite fiscal crunch huge spending contributing to higher public debt

Country’s new govt wants 40% share in project

Says unprecedented increase will lead to rapid de-industrialisation

Hopes to capitalise on rising labour costs, zero textile export tariffs

Adopts new guidelines for import of animals and their products

Prices of PSMC cars have increased up to Rs235,000, will come into effect from April 6

Rampant Iranian oil smuggling reduces demand for diesel supplies

Currency market awaits resumption of IMF loan programme

Hopes to qualify for $450 million loan to bridge financing gap of $6 billion

Pull out capital from national saving schemes due to uncompetitive rate of return

Learn why digital currencies are becoming increasingly popular as a payment method for freelancers

Forecasts highest inflation, 2nd lowest GDP growth in 46 Asian nations

Investors weigh OPEC+ plans to cut more production

Projected CAD to be below $6b for FY2023 – had earlier projected CAD at $9b

Delay in inflow of foreign financing sparks some panic in currency market

Claims Rs6.7 billion in losses against SNGPL for the supply of LNG

World Bank says economic shocks pushed 3.9 million into poverty in FY2023

Senior official at SSGC claims there was no curtailment of gas to industries