Business

Citi Pharma plans to offer 35% stake to institutional, ordinary investors at Pakistan stock market

Says it will make exploration of shale oil and gas feasible, encourage investment

Agenda item dropped after macroeconomic strategy draft found unsatisfactory

Analyst terms reopening of global economy bullish for oil demand in second half of 2021

Monopoly of state-run firms, no utilisation of idle terminal capacity put additional burden

Minister says lender put a gun to Pakistan's head to set the interest rate at 13.25%

Party says country's ability to service its debt has further weakened

Sharp rise in food prices also comes as the Covid-19 pandemic has thrown millions out of work

Initially, 23 out of 26 federal government properties were sold through open bidding

Closes at Rs154.78 in the inter-bank market on Thursday

Minister raises official forecast for this year as Europe’s top economy roars back

Benchmark index advances 0.25% to close at 48,211.70

IGU says increase mostly driven by spike in exports from US, Australia

Minister says projects will be launched to improve seed quality

Calls for swift release of exporters’ funds under DLTL and TUF schemes

Around 20.7m people lost jobs during lockdown last year

Asks govt to adjust tax collection downward to show real picture of revenues

Climate minister says green bond oversubscription shows global appetite for country that has ‘green credibility’

Benchmark index declines 0.07% to close at 48,093.53

Increase comes due to official government inflows

Both benchmarks surged over 1.5% on Wednesday

Sum includes Rs74b that will be utilised under SDGs Achievement Programme

Revenue will go up if SOEs are forced to pay 50% of income in dividend to shareholders

Rupee weakens against dollar

SBP amends capital adequacy rules

Commerce adviser shares provisional figures for trade

CPPA-G to reimburse power consumers for month of April

Pakistan Single Window will connect 74 departments that regulate imports, exports

Minister reaffirms commitment to promoting innovation in country

Minister stresses need for market-based applied research for sustainable growth

New authority will take provinces on board while regulating petroleum affairs

Fawad Chaudhry assures business community’s issues will be resolved

Vehicles up to 800cc likely to become cheaper after budget

Benchmark KSE-100 index drops 64.36 points to close at 48,126.90

Market expects oil prices to move well beyond $70 per barrel towards mid-year

Remains in double digits for second successive month due to increase in energy, food prices

Revenue collection soars 29.5% to Rs128 billion in July-May period

IMF has asked Pakistan to end state control of the rupee and let the currency move freely to find its equilibrium

They will provide economic opportunities and sustenance to the people residing in border areas

Markets shrug off rising inflation concerns

Alliance of 23 nations did not discuss possibility of Iranian oil returning to market

Dawood says country should prioritise brand development to enhance exports

Says costly imports are hampering progress on Digital Pakistan initiative

Guarantee for Rs2.1b loan given to Telephone Industries may be extended by two years

SBP governor says Pakistan has successfully demonstrated it has stabilised

Additional revenue from new tax regime not more than Rs8b

Benchmark KSE-100 index rises 294.92 points to close at 48,191.26

Razzak Dawood says markets will provide economic opportunities and sustenance to people residing in border areas

Encouraging factory activity data from China lends support

SRB approves a proposal for tax incentive scheme under which penalties would be scrapped