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SNGPL’s profit shrinks 5% on high financing cost
Gas marketing company earns Rs3.03b in Jul-Sept 2021 quarter
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Free mint being launched for local community
The project is on the verge of completion and is expected to be minted in July 2022
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Businessmen slam NEPRA for massive tariff hike
Call on govt to review decision to save business, people
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ECC okays cheaper wheat import
Country will purchase 500,000 tons of wheat at price of Rs103 per kg
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SBP injects Rs1.18tr into banks at higher return
Open market operation signals hike in policy rate in upcoming announcement
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Netherlands proposes JVs in food processing, logistics
Envoy says Pakistan needs to adopt all conventions to stay in GSP Plus
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Rupee slumps to one-week low at 206.94
Talk of delay in resumption of IMF loan programme fuelled the decline
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ECC to take up 8-point agenda tomorrow
Meeting to give extension of utility stores network, supplementary grant of Rs193 billion
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Rupee strengthens vs dollar
The development will stand positive for the rupee
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Trade gap widens to $48.3b
Record $80b imports eclipse increase in exports to $31.7b
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SBP adopts four more Shariah standards
Aims to strengthen Shariah compliance by Islamic banking industry
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Pakistan’s rice export to China hits $277.6m
Country becomes one of major broken rice suppliers
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Auto parts makers seek 10% net profit
Call for examining all frozen cost variables
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Tax relief of billions for smokers
Govt quietly increases taxable threshold for expensive cigarette brands
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K-Electric tariff may swell by Rs9.4 per unit
Regulator indicates price hike under fuel cost adjustment for May
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PM help sought for release of containers
Businessmen also demand waiver from high demurrage charges
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Markets surprised as SBP rejects Rs2tr bids
It makes move after inviting bids from banks for liquidity requirement
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Cement sales fall 8% in FY22
Industry attributes decline in demand to uncertain economic situation
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Oil could hit $380 if Russia slashes output over price cap, JP Morgan says
G7 economic powers agreed last week to explore imposing a ban on transporting Russian oil
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Miftah denies IMF deal postponement
Finance minister says programme 'on track'
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Balance of payments constraint
Growth in imports will put pressure on rupee whenever economy grows at high rate
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Cap on oil margins may backfire
Refinery margins jump to record highs as demand for fuel rises sharply
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Power outages blamed on failure to set up new plants
Coalition govt chides previous administration for reluctance to ink long-term LNG contracts
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Pakistan’s economic woes since 2008
Country has conveniently ignored, failed to implement tough structural reforms
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Getting it right on money: where to invest in?
Savers must be careful about investing money at a time of declining purchasing power
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IMF to open aid talks with Tunisia
An IMF mission will be in Tunis from July 4 to initiate negotiations on an IMF-supported programme
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US stocks end higher
Nasdaq Composite Index advanced 0.9% to 11,127.85
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Tesla’s quarterly EV deliveries fall
Production disrupted by Covid shutdown in China
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Mexico’s largest oil refinery opens
President stresses it will help cut dependence on foreign supplies
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Russia may delay gas supplies
Moscow to further reduce or completely halt natural gas deliveries
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Farmers seek credit policy review
Say agri-bank should adopt prudent lending practices, innovative solutions
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CPEC Thar coal project back in spotlight
Work on stalled priority project expected to resume soon
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Stocks end positive, but uncertainty looms
IMF policy draft, $2.3b Chinese loan rollover boosted investor confidence
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Freelancers demand govt backing
Insist country can get rid of IMF loans if they tap full market potential
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Cooking oil imports eat up $3.6b
Pakistan counts more on edible oil imports that meet 86% of demand
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Old guards become part of decision making
Govt notifies body that will shortlist candidates for posts of SECP commissioner
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FBR collects record Rs763b in June
Miftah praises FBR, saying tax collection grew 32% in Q4 of FY22
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Oil jumps nearly 3%
Brent was on track for a loss of 1.2%
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Chip stocks hammered
Micron and AMD have signalled waning demand as red-hot inflation squeezes spending
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SPI increases 3.63%
Average prices of 28 items rose in a selected basket of goods
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Solar energy package on the cards
It will offer subsidy, concessionary loans and help shift govt offices to solar power
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5 more palm oil carrying ships to arrive by July 10
So far five vessels have reached Karachi after Indonesia lifted export ban
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PM calls for boosting IT exports to $15b
The meeting highlighted the role of Pakistani expatriates residing in Silicon Valley
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Govt to exploit hydrocarbon resources
State minister says effective incentives will be provided to E&P firms
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Ministry withholds 150% allowance
Earlier, it was expected to notify executive allowance for civil servants of Grade 17-22
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Govt plans to raise edible oil production to 4.8m tons
Initiative aimed at achieving self-sufficiency in food commodities
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Startups attract $280m investment
Inflows came despite global economic headwinds
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Petrol, diesel sales fall after end of subsidy
Expert says significant increase in petroleum prices slashed their consumption
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Stocks close last session of FY22 in green
Benchmark KSE-100 index gains 243.10 points to settle at 41,540.83
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Two subsidised loan schemes put on hold
SBP stops disbursements for low-cost houses, youth entrepreneurship














































