Business

Procurement authority faces allegations of corruption, misuse of authority

Textile sector faces shutdowns, job losses as tax policy threatens industry stability

Pharma Asia 2024, held from August 20 to 22, attracted over 200 leading companies

Calls on PM to intervene to prevent job losses, industry shutdowns

KSE-100 index edges up 8.01 points, settles at 78,801.43

Currency gains Rs0.17 while gold hits record high despite global downturn

Gold surged by Rs2,500 in the local markets whereas the international bullion market reported a $12 decrease per ounce

Finance minister engages Gulf banks as IMF loan costs soar above 5%

Lower lending rates spark economic activity as KIBOR hits 19-month low

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Says companies will face legal consequences over disruptions in national supply chain

Rupee depreciates in inter-bank market; gold hits new peak

Seeks timeline for resolution of internet outages issue

Minister announces financial assistance for agricultural graduates

KSE-100 index adds 532.56 points, settles at 78,793.41

Says foreign firms are keen to make investment in different sectors

Call for dedicated lanes, charging stations, and incentives to boost adoption

Election outcome could delay or derail new Wall Street capital rules, as regulators face growing uncertainty

ECC allows export of additional 100,000 metric tons of sugar

July sees lower deposits as rupee faces pressure from delayed IMF approval

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Iqbal warns Pakistan risks falling behind without consistent policies, reforms

Pakistani producers must comply with climate guidelines to remain competitive

Finance minister faces scrutiny on delays amid alleged money laundering

Civil-military panel recommends regional negotiations, leveraging Rs20tr in untapped transactions data

Targeting cheese, milk, and cream, China’s dairy probe examines 20 EU subsidy schemes in eight key countries

Support includes €24m for sustainable energy boosts enduring bilateral ties

KSE-100 index gains 515.34 points, settles at 78,260.86

Members say subsidy is not income, govt depts should resolve disputes promptly

We are ready to bring in polymer currency notes, says SBP Governor Jameel Ahmed

Success hinges entirely on approval of IMF programme, Chinese generosity

Hanif underlined need for regularising sector to unlock its full potential

Outgoing CEO highlights ‘One-Share Marketable Lot for Regular Market’ initiative enabling small investors

Iqbal informed the participants that Pakistan and China have agreed to begin work on these five corridors

Sukhera also advocated for energy sector reforms in Pakistan, including a revised power tariff structure

Settles at Rs278.34 versus dollar; gold scales new peak

KSE-100 index drops 84.82 points, settles at 77,745.52

Business bodies ink MoU to explore new avenues, deepen partnership

Seek permanent solution as disruptions dent revenue streams

Commends IMC’s role in economic growth, localisation

Seeks report on financial implications for its share in federal tax receipts

Concerns about market dominance in cricket broadcasting have put the Disney-Reliance merger under CCI’s intense review

Increased charges will be reflected in electricity bills of K-Electric consumers for October and November

Failure to submit returns will result in legal action, defaulters to face a daily penalty of 0.1% of outstanding tax

Scope quietly broadened to address IMF concerns, traders' strike looms

Bid of Rs11.2 per unit marks pivotal shift in renewable energy sector

Freelancers, IT experts, small businesses face major setback, call for urgent action

Real effective exchange rate – value of local currency as compared to a basket of currencies – appreciated to 101.47

Industrialists call for better infrastructure, govt incentives and trade agreements