Business

The development will stand positive for the rupee

Record $80b imports eclipse increase in exports to $31.7b

Aims to strengthen Shariah compliance by Islamic banking industry

Country becomes one of major broken rice suppliers

Call for examining all frozen cost variables

Govt quietly increases taxable threshold for expensive cigarette brands

Regulator indicates price hike under fuel cost adjustment for May

Businessmen also demand waiver from high demurrage charges

It makes move after inviting bids from banks for liquidity requirement

Industry attributes decline in demand to uncertain economic situation

G7 economic powers agreed last week to explore imposing a ban on transporting Russian oil

Finance minister says programme 'on track'

Growth in imports will put pressure on rupee whenever economy grows at high rate

Refinery margins jump to record highs as demand for fuel rises sharply

Coalition govt chides previous administration for reluctance to ink long-term LNG contracts

Country has conveniently ignored, failed to implement tough structural reforms

Savers must be careful about investing money at a time of declining purchasing power

An IMF mission will be in Tunis from July 4 to initiate negotiations on an IMF-supported programme

Nasdaq Composite Index advanced 0.9% to 11,127.85

Production disrupted by Covid shutdown in China

President stresses it will help cut dependence on foreign supplies

Moscow to further reduce or completely halt natural gas deliveries

Say agri-bank should adopt prudent lending practices, innovative solutions

Work on stalled priority project expected to resume soon

IMF policy draft, $2.3b Chinese loan rollover boosted investor confidence

Insist country can get rid of IMF loans if they tap full market potential

Pakistan counts more on edible oil imports that meet 86% of demand

Govt notifies body that will shortlist candidates for posts of SECP commissioner

Miftah praises FBR, saying tax collection grew 32% in Q4 of FY22

Brent was on track for a loss of 1.2%

Micron and AMD have signalled waning demand as red-hot inflation squeezes spending

Average prices of 28 items rose in a selected basket of goods

It will offer subsidy, concessionary loans and help shift govt offices to solar power

So far five vessels have reached Karachi after Indonesia lifted export ban

The meeting highlighted the role of Pakistani expatriates residing in Silicon Valley

State minister says effective incentives will be provided to E&P firms

Earlier, it was expected to notify executive allowance for civil servants of Grade 17-22

Initiative aimed at achieving self-sufficiency in food commodities

Inflows came despite global economic headwinds

Expert says significant increase in petroleum prices slashed their consumption

Benchmark KSE-100 index gains 243.10 points to settle at 41,540.83

SBP stops disbursements for low-cost houses, youth entrepreneurship

Envoy stresses need for efforts to overcome emerging challenges

Political noise, high inflation may disturb economic momentum

Increase came after arrival of China bank’s loan proceeds

Fear if incentive is withdrawn, they may not meet existing export orders

Will provide 3.2b kWh of cheap, clean electricity every year

Says steps being taken to remove impediments for boosting investment

Meets goal for first time in recent history as receipts rise 29% from previous year

Speakers at Transcend 2022 urge businesses to go for digital transformation