Business

Funding remains limited while complex rules hinder progress

Despite Friday’s gains, Rivian’s stock has declined by about 20% over the past year.

Board categorises corporation as strategic SOE that maintains effective supply chain

The buying rate for the Saudi Riyal stood at Rs73.96 today.

Project includes setting up disease-free citrus nurseries, import of new varieties

Gains led by energy, communication services sectors

KSE-100 index adds 112 points over improved macroeconomic indicators

It comes amid risks from Trump presidency, China's fragile recovery

Veon Group invests $15 million in Mobilink Bank to boost MSME financing, digital banking, and inclusion.

Industry demands cut in duties and taxes to boost sales, utilise idle capacity

Rupee loses 9 paisa, reaches 278.64 against US dollar

IMF seeks changes in Act to bring transparency, ensure competitive process for SOE sales

FCCI and KCCI collaborate to shape economic policies, support business community, and aid budget planning.

Gold prices rise today, with the global price reaching $2,635 per ounce.

Investor optimism drove the index to a high of 118,367.81 before settling near the current mark

Government aims to keep Hajj expenses under Rs1.1 million and improve pilgrimage arrangements in 2025.

Trade deficit widens 35% in December as imports grow

Punjab Revenue Authority reports 16.16% growth in December tax collection, reaching Rs118 billion in H1 FY24.

KSE-100 index jumps 1,881 points on robust institutional investor interest

Sales, however, climb 4% in 1HFY25 owing to crackdown on smuggled fuel

Ahsan Iqbal directs framework for deregulating sugar industry, focusing on data accuracy and crop zoning.

Flour prices drop, but ghee, oil and lentils see sharp hikes

Absence of wheat procurement in Punjab, high costs put strain on agriculture

SBP can cut policy rate further without fiscal, external sector risks

Point out rate hike is in stark contrast to economic transformation plan

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Cabinet members make observations about committee recommendations

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FBR manages to restrict tax collection shortfall to Rs386b

The price of 24-carat gold per tola rose by Rs 1,000, reaching Rs 273,600.

The KSE-100 index reached 116,745.11, points marking a 1.55% rise during intra-day trading

Poor bill recovery adds Rs276b to circular debt, says NEPRA report

'Surge in exports highlights the strengthening trade ties between Pakistan and China under the framework of the CPEC.'

Gives 84% return in 2024, ranking second among world markets

Experts outline proposals for sustainable growth

NEPRA orders study on adjusting tariffs amid changing demand pattern

Focus on advanced metering infrastructure, minimising losses

Pakistan Railways achieves Rs46b revenue

Consumers, saddled with high tariffs, later get some relief

Geopolitical tensions, bank buying push gold to Rs287,900/tola

Earlier, reports had speculated a higher increase for HSD by Rs3.62 per litre and a minimal 11 paisa rise for petrol.

High-speed diesel price may rise by Rs3.62, while petrol increases by 11 paisa from January 1, 2025.

Saudi Riyal drops slightly today with buying at Rs74.02.

Forex reserves, remittances, current account play key role in propping up currency

The 2025 Prize Bond draw schedule is here, with the first draw on January 15 for Rs750 bonds.

High energy costs, lack of diversification threaten export growth

Experts stress technology transfer to boost agri-productivity

Investor optimism, potential rate cut, robust economic indicators power rally

Sells 31% stake in Wilmar to refocus on core infrastructure business

Major US indexes fall more than 1% in broad selling