economy
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The world awaits next Churchill
Indian situation now enters a phase where Modi’s reputation also harms people who have one way or other appeased him
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Govt may revisit decision to fill 129,000 posts
Financial implications may prompt PM Office not to push for implementing cabinet’s decision
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IMF please, donate a chief economist!
The Planning Commission is an expensive parking place for professional members running into each other
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Sindh seeks ban on sale of substandard seeds
Minister hints seeds coming from Punjab will be checked at Sindh labs
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PTV to outsource recoveries worth Rs3 billion
Will pay hired agencies one-fourth of the recovered amount
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In Pakistan, foreign firms' profit repatriation rises 18% to $743.2m
Growth dominated by a few sectors including financial and transportation
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PM Imran gives directives for swift sales tax refund
Tells commerce adviser to facilitate in expo centre construction
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Honda Atlas profit dives 74% to Rs710.2m
Drop comes on back of decline in company’s volumetric sales
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PM Imran asked to delay implementation of duty withdrawal on cotton import
Withdrawal of duties is feared to push down cotton prices in domestic market
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Pakistan joins China in dismissing US claim about CPEC
FO spokesperson says total debt of project is $4.9 billion which is just a fraction of country's entire loan
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Market watch: KSE-100 remains in red for 4th successive session
Benchmark index decreases 54.33 points to settle at 42,506.94
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Foreign exchange: SBP reserves jump $146m to $11.7b
Central bank cites no reason for increase in reserves
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Govt’s key appointment raises procedural doubts
Finance ministry says it followed legal path for position of SBP deputy governor
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Pakistan, Russia to revise North-South pipeline deal
Discuss implementation of project by avoiding US sanctions
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How mayhem at PFD caused Pakistan's flour crisis
PTI govt changed 4 food secretaries in ten months; also abandoned WB -funded wheat market reforms
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PTI govt’s revenue to take Rs44 billion hit from GIDC reduction
GIDC applicable to fertiliser producers was cut by Rs400 per bag
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Pakistan's refineries plan plant upgrade, seek govt protection
Look for duty and tax relief, furnace oil consumption in power plants over next five years
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POL earnings rise 12.6% to Rs4.9 billion in 2QFY20
Board declares interim cash dividend of Rs20 per share for half year
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Japanese, Korean firms interested in Dhabeji SEZ
Date for submission of bids has been extended to April 20 due to high demand
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Furnace oil glut dents profits of refineries
National Refinery, Attock Refinery report losses for Jul-Dec 2019
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In Pakistan, foreign loan disbursement jumps 156% to $5.5 billion
Non-project loans increase to 84% of total receipts
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Market watch: KSE-100 retreats for second successive session
Benchmark index decreases 121.15 points to settle at 42,626.47
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ECC waives off Rs7.7b taxes on wheat import
ECC discusses summary to increase gas prices, defers matter till next meeting
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Exchange of trade teams key to boosting commerce
Vietnam envoy calls for regular interaction between chambers of commerce of two sides
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In Pakistan, exporters demand release of blocked refunds
Voice concern over delay in up to 25% of their refunds
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Pakistan second developing country in region to approve EV policy
PM aide says draft approved by cabinet will be revised to address concerns of stakeholders
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Sindh to kick-start projects under CPEC
Top priorities include Karachi Circular Railway, Dhabeji SEZ and Keti Bunder development
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Pakistan begins exporting furnace oil, cargo to leave today
It remains unclear what is the export destination
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Senate body takes notice of delay in gas supply
Also discusses regularisation of engineers working in Balochistan’s gas fields
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PM Imran seeks proposals to fix cotton price
Gives directives for amending Seed Act, reconstituting cotton committee
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Some promises fulfilled: PM Imran urges business community to pay taxes
Directs FBR chairman to hold meeting with businessmen to resolve issues
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Pakistan's free trade deal with China unlikely to yield much
FPCCI chief says country does not have surplus products to export
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PM Imran wants licensing regime for small traders terminated
Imran directs provincial govts to abolish 74 different licences within three days
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Market watch: Stocks fall 420 points as selling pressure persists
Benchmark index decreases 0.97% to settle at 42,747.62
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PM Imran likely to unveil fixed tax scheme
Businessmen with an annual turnover of Rs100m will have to pay 0.5% instead of 1.5% tax
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PTI govt to present annual budget in May
Ministries, divisions directed to send revised budget estimates for current fiscal year to MoF by Feb 6
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Imports fall, but export growth still a challenge in Pakistan
Pakistan has one of the lowest export values as a percentage of GDP
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Can use of biotechnology turn around Pakistan's economy?
Modern organic practices can be adopted in farming while utilising available land
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Why savers lose, borrowers win in modern economies?
Money loses value over time due to inflation, printing of currency by central banks
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Pakistan's agriculture sector on a long rough patch
Govt may consider giving targeted subsidy with focus on inputs
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SBP poured $24b into inter-bank market between two IMF programmes
Former central bank governor calls for legally defined mechanism for using foreign exchange reserves
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PTI govt to cast dragnet for wheat hoarders
PM Imran orders countrywide ‘grand operation’ in an attempt to tackle wheat crisis
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FBR takes notice of traders’ harassment by officers
Complaints received that FBR officials coercing shopkeepers, owners to install POS system
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Punjab Revenue Authority tax collection increases 23% in H1FY20
Major business processes of PRA including registration, return filing and tax payments, all are fully automated
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FBR amends tax laws, introduces penalties for defaulters
Traders, retailers under tier-1 may face fines for not registering with FBR's system
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Weekly review: Lacklustre week ends with meagre gain of 39 points
Absence of positive triggers, political uncertainty keeps investors cautious
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Pakistan’s foreign debt sustainability indicators worsen
External debt peaks at 159% of total reserves at the end of last fiscal year
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Ukraine president rejects PM's resignation over leaked recording
He urged the PM to improve cooperation with parliament, optimise salaries of govt officials
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Economy needs tabdeeli
The economy is tottering because of technological backwardness, poor human resources and declining competitiveness
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Current account deficit contracts 75%
Deficit stood at $2.15b in Jul-Dec of current fiscal year