Business

Illegal sale of cigarettes continues, causes Rs40b loss to national exchequer

Says finance minister promised measure for just one year

It is feared that deregulation will give OMCs a sudden windfall

Earlier, the SBP received $350 million under the CSF and made payments of $62 million for external debt servicing

CPI increases following surge in cost of perishables

PPL now produces 230 mmscfd from the Sindh gas field

Long overdue correction begins earlier than expected

KSE-100 suffers biggest intra-day fall in history, recovers slightly to close 1,810.76 points down

Outcome would support domestic manufacturers of cold rolled coils

Group conducts study to assess scope of hybrid electric cars in Pakistan

Local manufacturer seeks hefty cut in duty on raw material imports

The project is heading towards completion and the workforce includes Chinese and Pakistani men

Chinese official reiterates Pakistan’s energy shortage will end soon

Through the pipeline Pakistan and India would be provided 1.325 bcfd gas each

They said that continuous load-shedding has badly affected the economy of the city

The currency market has fluctuated regularly in recent months

Overall, finance ministry will give Rs45 billion to energy companies for circular debt

Share of income tax goes down, FBR provisionally collects Rs2.86tr in 11 months

Power regulator decides to evaluate K-Electric’s performance in wake of recent events

The new prices have been announced after getting PM’s nod with effect from June 1

Records a fall of 861.59 points as index-heavy stocks see selling pressure

Establishment of Exim Bank of Pakistan Limited is a positive step

OGRA, however, recommends increase in kerosene oil price

Is also keen to provide inter-city, intra-city bus services in Sindh

If government’s proposals are passed by parliament, it would undermine previous tax reforms

The instructions aim to enhance the proactive environment in financial institutions

Will facilitate growth of economy and the corporate sector

Station owners demand reversal of tax increase

KE officials say utility faces shortage of 500MW, expects situation to improve after May 31

Feed ingredients stuck at ports due to misinterpretation by Customs

Will develop 300MW power project in coastal city of Gwadar

'SimSim’s instant mobile account will go a long way in boosting financial inclusion in the country'

On the basis of the MoU signed, PSX and GCCI would collaborate to generate awareness amongst SMEs

The currency market has fluctuated regularly in recent months

PTA says applications will be floated to gauge interest

Benchmark index falls 685.74 points to end at 51,453.16

Minister stresses all best offers in railways’ interest should be considered

At present, oil companies are bound to keep stocks for 20 days only

This indicates govt’s confidence in being re-elected in 2018 elections

Country needs more homes for its growing population, space for offices and facilities for workforce

Spokesman criticises Budget 2017-18, says it offers nothing for industrial growth

Industry official says price could be increased by Rs2,500-3,000 per ton

Reduces time required to confirm large trade orders, increases staff at commercial banks

Claims Hubco Power Plant did not trip on transmission fault

MoU has already been signed for the 15,000bpd refinery

The currency market has fluctuated regularly in recent months

500 varieties of different crops have so far been introduced by the research institute

Benchmark index falls 497.97 points to end at 52,138.9

Pakistan is a long way from realising the 17 Sustainable Development Goals.

Pakistan could not improve substantially upon its exports which stood at $7.8 billion in 1999