Business

Net reserves held by banks amounted to $4,940.2 million

Gets 571 new orders and commitments against 326 for Airbus

Energy minister says changes will dilute regulator’s powers

Italian energy giant wins 15-year contract after offering a price discount

Trade official says the two sides should develop sustainable partnership

Deficit squeezed due to exclusion of CPEC-related imports from the database

Benchmark index surges 857.85 points, to close at 46,332.31

Gap widening due to heavy debt servicing, recovering oil prices and weak exports

70% of sugar mills are in cotton growing zone, which has shrunk 26%

Inclusion on the Emerging Markets Index could lead to up to $12 billion of inflows

Bajwa resigns after being at the helm for five years

No country around the world produces and consumes this type of diesel

The unit will have an installed capacity of 175 tons of fruit and vegetables per year

The currency market has fluctuated regularly in recent months

Demand release of refunds, supply of energy at competitive prices

Indicating maturity, the markets show no sharp movements before and after budget

Benchmark 100-share index finishes with 560.01-point gain after 5-day losing streak

Amounts to $295m during the month, Western countries continue to pull out

Will result in investment of $372m; Lucky Cement, United Motors and Nishat Group among those given permission by govt

$73m scheme aimed to better manage water resources in Indus River basin

Assures businessmen FBR will not pay surprise visits to their premises

Stressed the need for establishing greater liaison with the sector to fully understand market conditions

The matter is pending adjudication

The currency market has fluctuated regularly in recent months

Accounts of exporters who have filed appeals have also been frozen

It is aimed at enabling financial institutions to manage risks

Urges export-oriented mindset, early release of refunds

RCCI delegation discusses ongoing projects, CPEC, issues faced by business community

Consortium of OGDC and PPL is being formed to undertake pilot project(s) to determine the cost

Telenor Pakistan and other markets is launching a global ‘Be a Cyberhero’ digital and social media campaign

Ministry says new powers have been added for the regulator in the proposals

Falls 1% to average 81,570 bpd in May 2017 compared to same month last year

Observes black day against govt policies, halts work for two hours

Consumers expected to receive a refund of Rs20 billion

Benchmark index has so far dropped around 8,000 points since hitting peak in May

These men are the most senior bankers in Britain to be accused of alleged crimes during financial crisis

Nine towers of Guddu-DG Khan transmission line collapse

The delegation signed four MoUs with different associations and chambers of commerce in Lebanon

Pakistan will have direct exhibitors and a national pavilion organised by TDAP

he currency market has fluctuated regularly in recent months

Top-performing shares are those likely to be part of the upgrade

Sets June 29 deadline for public opinion

Afghanistan depends on Pakistan’s port of Karachi for its foreign trade

Delay in shipments hinders payments to sugarcane farmers

Saudi, UAE and Bahraini institutions have about $18b in Qatari banks

Says Pakistan’s finished textile goods have much more appeal in Poland

1,230MW gas-based plant is costing Rs90 billion

NA body briefed on developments pertaining to various projects

Millers were seeking export of another 1.2m tons due to surplus

Benchmark index dips 265.22 points to close at 46,593.34