Business

It will ease financial woes of oil marketing firm as its receivables soar to Rs456b

Businessmen call for deepening bilateral economic cooperation

PSQCA says residential sector consumes 47% of total generated electricity

Advises them not to drag matters and pay required amount to complainants

Market share inches closer to 20% in terms of deposits, assets

Falls below Rs184 against US dollar for first time in history

Jump comes on back of surge in prices of food and energy

Plans to impose infrastructure levy of Re1 per litre to generate Rs354b, build reserves

Benchmark index adds 223.28 points to settle at 45,152.11

Monitoring body asks about factors, justifications for increase in vehicle prices

Laments low level of bilateral trade

Asks provincial councils to establish mechanism to lift consumer confidence

OPEC+ sticks to existing deal for May output

Claims higher collection than receipts in banking system in July-March

Political uncertainty, flight to safe havens put pressure on currency

Says high current account deficit will threaten Pakistan’s external repayment capacity

Estimates 26.8m tons production in 2021-22, around 2.5% lower than previous year

Central bank says rollover of Chinese loan expected shortly

Benchmark index gains 591.27 points to settle at 44,928.83

Central bank says rollover of Chinese loan expected shortly

Agency terms no confidence motion credit negative for country

States they can play pivotal role in increasing trade

Say Sindh has first right to use gas from Ghotki field

Files petition for determination of revenue requirement, prescribed prices for FY23

PAC member regrets govt not discouraging import of luxury vehicles

Supports industries to boost economic growth, eliminate unemployment

Amount will be doled out to exporters and urea manufacturers

ECC approves tax exemption on $900m payment to Antofagasta under exit deed

Banks will deduct 2.5% on total amount in savings, profit and loss sharing accounts

Says majority of telecom users fall below tax limit

The rupee had been on the downtrend since hitting 22-month high of Rs152.27 in May 2021

US crude output inched up 100,000 barrels per day

Hike demanded on account of fuel cost adjustment

Worries about the fallout of nearly five-week long invasion and rising rates have put Wall Street indexes on course

Benchmark KSE-100 index sheds 101.14 points to settle at 44,337.56

Envoy says Islamabad ranks among largest potato producers in world

Highlights it can be achieved through economic diplomacy

Consul general says new assembly line will lead to import substitution, cut trade deficit

Rates surge 100% as a quarter of industry suspends production

Russia promises to scale down its military operations around Kyiv

Businessmen concerned over hike in raw material prices

Wants to assess compliance of schemes with environmental studies

Citing a report in a statement on Tuesday, he expressed grave concerns over the growing risks for economy

Pakistan has large street economy run by individuals, micro-enterprises

The SBP has injected $1.2 billion into the inter-bank market to defend the rupee

SBP governor vows to work with SECP for market support

Benchmark index soars 505.14 points to settle at 44,438.7

Fresh lockdowns in China to curb Covid cases pressurised prices

Say industry can export polyester textured yarn to international markets

Official says modern technology being used to eliminate pollution