Business

KSE-100 index loses 162 points over cabinet reshuffle, economic challenges

Considering privatisation or public-private partnership for the company

Will shift towards public-private partnership model to improve services

Think tank believes tax reforms will generate extra revenue of Rs206b

Of the 23 LTUs and RTOs, 14 report negative growth in collection of direct taxes

Moscow has an agreement with OPEC to maintain production at a certain level until July

Says more and more friends and partners will join in Belt and Road cooperation

Plans to acquire, construct 3G/4G mobile internet towers

Boost seen due to other income originating from overdue receivables

The company reported net sales of Rs35 billion in Jan-Mar 2019

Increase comes on back of robust sales, surge in other income

ECC notes impact of subsidy has not been passed on to farmers so far

PTEA official says Punjab has potential to boost textile export industry by $2 billion

SNGPL, SSGC at odds over deduction of withholding tax on LNG re-gasification

Earnings stand at Rs3.4 billion in Jan-Mar 2019 quarter

Officials cite weak monitoring, corruption as key reasons behind low receipts

Benchmark index rises 334.6 points to settle at 37,130.63

Direct listing will raise no cash but will enable employees and early investors to sell their shares in the tech firm

Moscow plans to start supplying clean oil via pipeline on April 29

Under the proposal, both firms will nominate nearly equal number of directors to new company

Says BRI is having positive impact on growth in certain countries but needs to be managed carefully

PM Imran meets IMF chief Lagarde, World Bank CEO in Beijing

IMF mission will be in the country till May 7

President says IT sector can transform the economy by covering neglected segments

Khusro Bakhtiar says second phase of CPEC will focus on industrial cooperation, trade, agriculture

Reduction in PSDP, discount on cement sales impact the earnings

Sales display positive trend before start of Kharif sowing season

Decision aimed at giving much-needed boost to exports

NEPRA applied high exchange rate in tariff determination: auditors

Ministry suggests 20-year extension in exemptions

Punjab Food Authority wants to set wheat price at Rs1,300 per 40 kg

Connections of running defaulters will be disconnected after the deadline

PM aide says agreement to be signed on April 28, will protect local industries

Pakistan's tax-to-GDP ratio stood at 13pc of GDP – half of the potential that the World Bank has worked out

Benchmark index rises 291.78 points to settle at 36,796.03

Say deal would not have created sufficient benefits to offset risks and costs

Argues bank's lending to China is not huge, will not crowd out poorer countries

Decline comes on the back of external debt servicing and other official payments

Poland and Germany have suspended imports of Russian crude citing poor quality

PSX benchmark KSE 100 index was up 328 points to 36,832 points at 12:13pm

Steps were being taken for urbanisation of the province by focusing on missing facilities in small cities

Cumulatively, the rupee has shed 33.4% of its value since December 2017

Sluggish cement prices, rupee depreciation cause decline in earnings

It will connect the wind power corridor in Jhimpir to national grid station

Says Engineering Construction Bank will be created to give loans for start-up companies

Decline comes due to 74% drop in di-ammonium phosphate and urea sales

NA panel gets in-camera briefing on implementation of action plan

World Bank official stresses globalisation only option for survival in coming years

Company argues it was facing severe succession gaps at leadership positions at that time

Stands at 4.2% of GDP as govt fails to enhance revenues to a point where it can meet growing expenses