Business

Falls to just 13.1% of economy despite SIFC efforts, according to NAC figures

CDWP clears project, though ministry says it is in conflict with IMF programme

Marks second year of low growth, high inflation; further erodes purchasing power

Aims to bolster market dynamics and consumer benefits

Dollar’s global strength piles pressure on Pakistani currency

KSE-100 index increases 122.77 points, settles at 75,206.77

Cabinet committee focuses on maximising market opportunities

Estimates annual revenue losses of Rs310b, calls for govt strategy to combat illicit sales

Contrary to perception, the IMF opposes turnover tax levies, highlighting an ad-hoc approach in tax collection

OGRA revises tariff while determining revenue requirements of public utilities

Proposes levy on immovable property, undocumented and construction businesses

Shift to solar, economic stress compound challenges; experts warn of energy strain

Urges businessmen to make political authorities aware of applying for new regulation

Sheds Rs0.09 to Rs278.30/$ amid surge in trade deficit

Global venture capital investments dropped to a near five-year low in the same period

KSE-100 index declines 258.34 points, settles at 75,084

Suggest measures for reindustrialisation, call for halt to deindustrialisation

Highlights govt’s commitment to economic sustainability

Ex-NEPRA chief stresses no one can stop spread of solar power technology

Tug-of-war between planning, finance ministries threatens FY24-25 development budget

PM Sharif enlists military, intelligence services to enhance governance in these companies

Scores of incentives being offered to attract FDI including tax breaks, simplified process, land grants

The US risks inadvertently bolstering China’s position on the world stage

Investors questioning sustainability of rally as they make profits after long dry spell

As the second most prominent source of exports, easier access to IT products is critical

It is argued net metering subsidy goes to richer segment from low-income group

Flat tax plan will dramatically change taxation structure by aligning incentives

It will be replaced with gross metering to sell expensive grid electricity to consumers

It comes after metals rise 4-5% globally on China economy hopes

Advisory council mainly comprises industrialists; Tareen also made its member

Novak to be in charge of “developing unified plan to achieve Russia’s national development goals up to 2030

Claims used vehicle imports caused Rs45b loss to industry, economy

Experts warn of unsustainability amid mounting debt crisis, shrinking revenue

Extensive analysis underway to assess impact on competition, consumer welfare

KSE-100 index gains 2,257 points, or 3.09% WoW, closes at 75,342

US WTI crude gained 83 cents, or 1.1%, to $80.06. For the week, Brent gained about 1%

In a historic first, localisation initiative aims to slash prices to Rs400,000-Rs500,000

SBP reveals 62% YoY increase, highest export figure recorded in one month

Workers’ remittances, tech exports propel economy; narrows CAD to $202m

KSE-100 index jumps 411.65 points, settles at 75,342.35

No foreign firm has submitted documents for PIA’s acquisition as consortium leader

SPI reading drops 1.06% on back of lower food, energy prices

Committee agrees to study multiple models to know about their implications

Fund assumes rupee will devalue to Rs329/$ or 18% by June next year

Currency gains Rs0.19 to Rs278.21 against US dollar

IT minister says commission, under Digital National Framework, will be chaired by PM Sharif

Proposal to impose Rs1.45/unit extra burden on consumers amid performance scrutiny

Kamal stressed the need for effective decision-making by high-ranking officials

Currency sheds value in backdrop of ongoing IMF loan talks

New non-stop flight between Islamabad and Bahrain will start from June 13th