Business

Skyrocketing fuel, electricity prices will push up inflation, production cost

Central bank gave no reason for decrease in reserves

Miftah, Aisha met Donald Blome, apprise him of govt actions

The Pakistani currency has dropped 33% (Rs51) in the past one-year

Number of cash-based transactions, however, dipped in Jan-Mar, says SBP report

Earlier, motor spirit import was exempt from duty under China-Pakistan FTA

Businessmen call for swift measures to strengthen rupee

Supply concerns at forefront for energy markets that have seen prices soar

Growth momentum may slow down next year as production cost swells

Tariff revision comes under quarterly adjustment for Oct-Dec 2021

Fed rate hike expected to strengthen dollar against world currencies

Experts say 0.25% tax on proceeds will discourage exports, documentation

Benchmark KSE-100 index gains 291.37 points to settle at 41,730.16

Rupee's devaluation continues as conflicting reports about the revival of IMF loan programme plays on traders’ minds

Commerce minister sees no result from meeting due to lack of consensus

The world’s largest cryptocurrency fell as much as 7.8%

Government should reconsider this decision to save the business and industry

Trade between US and Pakistan reached $9b in 2021

women’s economic empowerment was a key priority of the government

Industry needs prior SBP approval for import of certain goods

Province, however, changed some tax ratios, particularly targeting luxury houses

Banks disbursed Rs1.06tr in July-April FY22, down 1.4% from last year

Also seeks changes to proposals that will cut tax receipts from real estate

Revised tariff will apply to electricity consumers for three months

Amount will be repaid over period of six years

Rupee hits new all-time low at Rs206.46 against US dollar

The Drill Stem Test-1 showed a flow of 1.063 million standard cubic feet per day of gas

Trade between US and Pakistan reached $9b in 2021

FBR chief hints at increasing income tax rates for upper middle income to rich groups

Provincial govt will launch new power policy with focus on solar, hybrid technology

Pakistan’s exports to Italy surge 46% in July-May

Province estimates overall revenue collection of Rs1.67 trillion next year

UK, Germany, US and Japan raised taxation issue with Pakistani authorities

Forex market jittery over conflicting reports about IMF programme

Consumers will bear additional burden of Rs4b due to rise in furnace oil prices

China attaches great importance to strengthening cross-border e-commerce cooperation with overseas markets

Province aims to improve irrigation system with World Bank assistance

Free fall of currency came despite China’s assurance to roll over $2b debt

Rupee continues to depreciate for third consecutive day amid delay in IMF package

Finance czar says failure in increasing the prices would presage ‘destruction’

IMF demands more measures to revive programme

Currency weighed down by rising oil prices, capital outflows in emerging markets

Cryptocurrency touched 18-month low at $22,725

Expert questions how targets of provincial surplus, petroleum levy will be achieved

Shows interest in investing in soybean intercropping technology

Considers alternative days for vehicles on roads based on odd, even numbers

Jawad blamed the oil marketing companies and filling station owners for not supplying diesel to the customers

Govt reduces capital gains tax on shares sold after two years of purchase

On a month-on-month basis, sales remain flat in May 2022

Cabinet members stress need for resolving payment dispute between utilities