Business

Businessmen ask PM to call NEC meeting to make day-to-day decisions on economy

Undertaking has been sought to establish financial strength of Eni asset buyers

President Alvi says cybersecurity a must for countries as well as MNCs

Highlights five times increase in fund raising by new companies

Foreign investors pour $271.1m mainly in power, communication, financial sectors

Analysts blame sharp currency depreciation for price hike

Public hearing on company’s petition will be held on July 28

Sheds 0.83% to new low at Rs226.81, but pace of decline eases

Decline came due to external debt repayments

Total Parco CEO discussed economic situation of the country

Spot gold fell 0.8% to $1,682.49 per ounce by 1106 GMT

The strong performance sent its shares up as much as 7%

Reaches new all-time low at Rs224.92 against greenback

Miftah admits he has nothing concrete to offer at second presser in as many days

Finance Minister Miftah Ismail says panic in the market is primarily due to political turmoil

Sets out plans for countries to reduce consumption by 15% until March

Gasoline inventories rose 3.5m barrels last week, exceeding forecasts

Exports of other leather goods increased 12.61% and reached $18,654

There is a feeling that the sell-off across markets could be reaching a bottom

The median national home price continued to rise, hitting $416,000 last month, the data showed.

European nation becomes seventh billion-dollar market for Pakistan

Miftah agrees fixed tax regime will be introduced for industry

Experts believe policy will help substitute imports, save forex

Under the project, govt will undertake geological mapping in Balochistan

Agrees to tariff increase of Rs1.55 per unit for K-Electric consumers

Shipments grow 26% due to sharp rise in global demand

Nord Stream 1 pipeline was earlier shut for annual maintenance

Economic slowdown worries offset tight supplies, weaker dollar

The minister exchanged views with the envoy on matters of mutual interest

Out of existing five members of board, three are retiring on Friday

Religious scholars propose creation of Islamic financing section in finance ministry

More than 75 suo motu cases were taken up over the last sixth months, he added

Minister stresses retailers will be saved from unnecessary problems

NEPRA denounces Neelum-Jhelum project CEO for plant closure

Says number of factories working in sector is limited

Urge government to stabilise rupee-dollar parity

It comes despite expectation IMF is going to revive $7b loan programme

Says Pakistan advocates ‘proactive engagement of the int'l community to mitigate humanitarian crisis in Afghanistan’

The ratings agency affirms country’s ‘Long-Term Foreign-Currency Issuer Default Rating at B-'

Central bank discouraging imports to avert further drop in forex reserves

Instagram is getting a payment feature that will allow users to buy from small businesses through direct messages

Group CEO asks govt not to change terms, conditions in new auction

SBP data shows inflows grew 6.1% in fiscal year 2021-22

Say 15% rate will hinder growth of business, economy

Country needs to enhance exports, attract FDI to reduce trade deficit

Barrick Gold CEO vows huge investment in community development in Balochistan

Sheds almost 2% value in backdrop of political noise, poor economic situation

Insist all political parties should formulate socioeconomic plan

Efforts must be made to ensure country is able to escape from vicious cycle

Rupee nosedives to 215.20 to a dollar; stocks shed 707 points