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Budget deficit jumps to Rs1.6tr in Jul-Mar FY19
Stands at 4.2% of GDP as govt fails to enhance revenues to a point where it can meet growing expenses
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NEPRA slashes power tariff by 4 paisa per unit
Following the tariff cut for March 2019, the consumers will receive a relief of Rs280 million.
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Oil hovers around six-month high as US stocks rise
Stock data counters fears resulting from OPEC output cuts, US sanctions on Venezuela and Iran
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Market watch: KSE-100 gains 100 points as bank stocks rally
Benchmark index rises 0.28% to settle at 36,504.25
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Iranians brace for harder times as US oil sanctions close in
Russia on Tuesday called the US tightening of sanctions an "aggressive and reckless" policy
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Bears dominate as KSE-100 drops 391 points
Benchmark index loses 1.05% to settle at 36,901.69
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Pak Suzuki Motor put into reverse gear
Posts a loss of Rs980m in the Jan-Mar 2019 quarter
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President Alvi assures business community of support
Arif Alvi says reviving Pakistan’s economy is PTI govt's topmost priority
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Local industry to get relief in second phase of Pak-China FTA
PM aide says govt will ensure real-time recording of trade between the two countries
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'IMF programme will kill Pakistan's economy'
Ex-SBP governor and former finance minister Dr Hafiz Pasha calls capacity of the finance ministry shamefully low
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Massive investment spurs BRI countries’ growth
Chinese official says investment exceeds $130b between 2013 and 2018
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Pakistan exports sugar, rice to China under $1b package
Senate committee briefed on the incentive package for export of rice, sugar and cotton yarn
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Gold prices dip Rs1,000 per tola to six-week low
Decline comes in line with downturn in world markets
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Lobbyists in overdrive for Benami assets
Elites pressurising govt to allow whitening of Benami properties after paying negligible taxes
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PTI govt clears $127m project to improve tourism in K-P
It is a prerequisite for approval of $100m loan by World Bank for the project
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PIA, McDonald’s sign MoU in Karachi
McDonald’s will be branding the boarding passes with its special offer
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Japan to provide over Rs7 billion for health, transport sectors
Foreign Minister Qureshi meets his Japanese counterpart, deputy prime minister in Tokyo
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China complains to US over end to Iran oil sanction waivers
Insists it will contribute to volatility in the Middle East and global energy market
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Oil hits highest since Nov as US to tighten Iran sanctions
Washington demands buyers of Iranian oil stop purchases by May 1 or face sanctions
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Market watch: KSE-100 loses nearly 500 points on economic uncertainty
Benchmark index falls 1.35% to settle at 36,404.03
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Rupee stable against dollar
The IMF has asked Pakistan to end state control of the rupee
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PM aide assures Chinese investors of support
Both sides discussed matters pertaining to bilateral interests
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PSX reports 10% decline in profit for Jul-Mar FY19
Decrease comes on the back of drop in revenue, mainly due to dip in service charges
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Engro Polymer starts caustic soda flake production
Will produce 20,000 MT per year; chemical is widely used in textile sector
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SNGPL’s profit jumps 37% to Rs2.6b in Jul-Sept 2018 quarter
Board of directors declares interim cash dividend of Rs1.5 per share
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Export growth can slash current account deficit to zero: APTMA
Says overall imports of the country may end up at $53 billion while exports would reach $24 billion
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PSO allowed oil import on credit from Azerbaijan
Central Asian state has offered $100m deferred payment facility for oil imports
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Second phase of China-Pakistan FTA to be signed on April 28
Under the FTA, Beijing will provide market access to 90% of Pakistani commodities at zero duty
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Govt to keep details of $3.7b loan under wraps
Terms of Chinese loans a sticking point between Pakistan and IMF
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Pakistan gets $551 million IDB loan for oil, LNG import
Facility will be utilised by PSO, PARCO and Pakistan LNG Limited; ease pressure on foreign currency reserves
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Trump says Saudi Arabia will 'make up' for oil supply after new Iran sanctions
White House had announced it was tightening sanctions to try to cripple the industry crucial to Iran's economy
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Market watch: Bears dominate as KSE-100 drops 391 points
Weekly review: KSE-100 stays under pressure in week marked by turbulence
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US will fail to cut Iran oil exports to zero: ministry source
Says Iran is ready for any US decision to end waivers granted to buyers of Iranian crude
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Oil hits 2019 high on US plan to tighten squeeze on Iran
US expected to announce sanctions on countries who continue to import Iranian oil
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9th NFC award: What do the provinces want?
This piece is part of our educative web series 'Explanare' to understand complex economic &...
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Bookme.pk raises investment from Lakson Venture Capital to cement leadership in e-ticketing
It aims to consolidate its market lead in commuter bus, cinemas and events e-ticketing segments
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Oil prices soar by about 3% as US plans end to Iran sanction waivers
Iran’s biggest oil customers are China and India, who have both been lobbying for extensions to sanction waivers
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Is Pakistan following Malaysia or North Korea in global trade?
Pakistan should benchmark trade policies with Malaysia; focus on social sector
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Thar coal can help produce fertiliser, steel and gas
Electricity production is not the only possible use of Thar coal
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China-Pakistan jeans ‘marriage’: is it Beijing's duty to help?
Pakistan’s major advantage is short-staple cotton whose production is falling
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Toyota establishes research institute in China
Plans to study hydrogen, green technologies to ease environmental problems
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China Belt and Road summit to urge sustainable financing
World leaders will meet in Beijing this week for summit on BRI
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Hafeez Shaikh rejects Asad Umar’s tax amnesty scheme model
Adviser instructs FBR to come up with a simplified version with only two tax classifications
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Low import tariffs hinder FDI inflows into Pakistan
Duty cut makes export better option for foreign enterprises than investment
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PTB seeks rule changes to promote tobacco export
Exporters who do not have GLT units have to pay duty of Rs300 per kg
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Pakistan asked to turn floods into opportunities
Senate body told country is expected to face flash floods in summer
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Neelum-Jhelum project faces financial constraints
Ministry sends summary to ECC for approval of Sukuk issue
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Govt working to bring reforms in FBR to attract FDI: adviser
Ishrat Husain says data analytics can help widen the tax net
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Weekly review: KSE-100 stays under pressure in week marked by turbulence
Benchmark index slips 45 points, but trading volumes increase
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Power generation dips 13% in March
Decline comes as overall demand for energy remains low due to lower temperatures this season