Business

Despite Pakistan’s requests, Russia unable to provide firm free from US sanctions for the project

Suspects real owners are political persons keeping assets in others’ names

Loss comes on back of massive dip in auto sales

Also suspects 16% rise in tax collection comes from blocking refunds, high inflation

High debt a hurdle in achieving goals but govt hopes it will make progress

Sugawara was accused of giving gifts to voters in his Tokyo constituency

The money was used to help finance rapid-transit bus system in Karachi

Benchmark index decreases 0.31% to settle at 33,657.46

Surprise drop in US stocks, OPEC action outweigh economic concerns

Official emphasises ratifying and implementing global labour standards

These rules will help prepare business for next century of global trade

Pakistan’s private sector should adopt a proactive approach in order to search for new markets and improve exports

FTO had sought action against FBR officers involved in vehicle smuggling, sale

Increase comes on back of jump in other income

Say district administrations have seized goods containers for blocking roads

Javed Iqbal assures businessmen of addressing concerns

Earlier, ECC had decided cost of gas, power supply to SEZs will be met through PSDP

Central bank cites no reason for improvement

Benchmark index increases 322.79 points to settle at 33,762.48

Earlier, market was supported by surprise drop in US crude stocks

Improvement in the rankings was one of the promises made in the PTI manifesto, says premier

The economic situation in India is affecting the quality of gifts, says a Mumbai resident

Pakistan is also among top 10 countries with the most improved business climate

Says PTI govt is focusing on promotion of ICT, artificial intelligence, tourism and agriculture

In Pakistan, landholding is mostly concentrated in the hands of 10% rich landlords, who own over 50% of farmland

Risk-free investment in govt securities supports earnings

Real estate, auto, IT and pharmaceutical sectors record surge in borrowings

Iran consul general says this is giving rise to massive indirect trade

Cabinet discusses rationale of running corruption-plagued NFML

It signals deeper economic slowdown that will increase unemployment

Senator stresses need for developing heat-tolerant, insect-resistant seed varieties

PTI minister says autonomous global money-laundering watchdog secretariat would be established

PM Imran says provinces will be taken on board for this federally-led initiative

Benami Transaction (Prohibition) (Amendment) Ordinance is among eight ordinances that the federal cabinet had approved

Benchmark index increases 240.73 points to settle at 33,439. 69

OPEC mulling whether to deepen production cuts over weak demand concerns

Flights on the route had been halted seven to eight years ago

Rise comes on back of surge in finance income and net sales

Challenges also include rupee depreciation, higher tax rates

Policy will set direction for sustainability, growth of textile sector

Recommends swift appointment of quarantine officers in Balochistan to tackle issue

It will cost Rs130m per year compared to earlier contract given at Rs70m

Requests Beijing to sign deal to execute road project hindered by lack of funding

Benchmark index increases 114.23 points to settle at 33,198.96

Bearish forecasts of build-up in US crude stockpiles cap gains

Says other matters such as potential tie-up with Fiat Chrysler are less of priority

Board proposes forming high level committee to reclaim its properties

Senate panel notes one cabinet member is facilitating steel scrap smuggling

WTO says US could face Chinese sanctions if it does not remove certain tariffs

Finance ministry seeks FBR’s views on tax and duty exemption