Business

Market participants said there was no particular trigger for the gains beyond a broad upbeat mood

The economy grew by 3.5% in annual terms but shrank 0.4% in the first half of 2022

LPG bowsers are stuck at different locations of the provinces

Decline comes due to surge in surcharges, cut in finance cost

Continued rupee depreciation raises cost of imported raw material, parts

This indicates risk of default on international payments

Lower consumer rates will be applicable for September

Russia threatens to stop oil, gas exports if price caps imposed

Telecom sector seeks urgent policy interventions to remedy ‘digital emergency’

Country will hold OIC Trade Fair with focus on businesswomen in June 2023

State Bank’s reserves bolstered by release of latest IMF tranche

LPG cylinders were randomly stacked in the basement of some commercial, residential buildings

'Govt focused on power generation based on domestic sources that are hydel, solar, Thar coal, wind and nuclear'

Enquiry initiated upon receiving concerns that undertakings were collectively deciding pricing of float glass

Some cabinet members have approved appointments to key slots

35% of standing rice crop was damaged in Sindh and 29% in south Punjab

Restrictions on clearance of textile machinery likely to impact booked orders

Price of gold increases by Rs750 to Rs150,850 per tola in Pakistan

Changes mixing ratio for local, imported wheat to improve flour quality

Envoy asks industry to meet African nation’s needs, export surplus to others

Markets concerned about slowing demand, higher energy prices and interest rates

Financial advisers will carry out valuation of two LNG power plants for privatisation

T-bills’ auction came as government was to repay the maturing papers worth Rs1.028 trillion to the commercial banks

Affected crops include cotton, sugarcane, rice, wheat and maize

Pak-China collaboration to boost home appliance industry

Ministry unaware of mandatory currency declaration by international passengers

Around 2m houses to be reconstructed in aftermath of floods

In new oil refinery policy, government to withdraw margins set for OMCs

SBP data shows total public debt of Rs50.5 trillion now equals 3/4th of nation’s economy

Reverse rally on first output cut by OPEC+ since 2020

Miller added that it will “simplify calculations” and “become an excellent example for other companies”

Pakistan-Iran-Turkey train link has also been restored

Envoy says FTA has cleared path for deepening bilateral cooperation

Due to shortage of CKD parts caused by delayed import clearance

New index more stable, less volatile than others at bourse

Investments in Roshan Digital Accounts will accelerate once challenges are tackled

Fresh increase in electricity rates to put additional burden of Rs94 billion on consumers

Ogra has written letters to all chief secretaries and the chief commissioner of Islamabad to ensure compliance

AIIB will look into possibilities of financial assistance for Wapda projects

Firm adapting products to counter aggravating climate change

Oil prices dip over potential supply boost from Iranian crude

Govt to re-engage Credit Suisse for sale of two LNG-fired power plants

Electricity restored to major parts of Balochistan, says NTDC spokesman

Stakeholders seek govt’s support to tap into foreign markets

Currency dealer blames dollar smuggling for rupee’s slump

Govt should renegotiate with IMF, World Bank, friendly countries, says FPCCI chief

Textile exporters are keen to import cotton from India to save time, cost

Govt going to amend law to deal with gas theft, bill recovery cases

It’s time for country to revisit priorities, reallocate resources

Pakistan’s maximum power tariff 40% higher than Indian average