Latest. Business

Money will finance construction of 300MW hydropower plant in Balakot

Also cancels divestment of PPL and OGDCL shares

Directs signing of new PPA should be expedited for smooth payment mechanism

Presents budget proposals to increase size of capital market by incentivising new listings

Inflow of foreign currencies estimated to surpass outflow in current fiscal year

Meet industries minister to discuss budget proposals

Secretary terms IT sector promotion top priority of govt

Many have made digital inclusion national priority, but Pakistan plays catch-up game

Inflation may stay high due to lack of cooperation between Centre, provinces

Government will have to establish mechanism for workforce vaccination to ensure unrestricted movement

In presence of ad hocism, economy will remain in slumpflation

Policy is way beyond tweets and textile; it needs to be proactive, participative

Decision offers warning to corporate peers mulling a dabble with cryptocurrency

Utilities struggle to finance new plants to meet tougher emissions criteria

Position themselves for more unexpected kinks in road to recovery

Largest decentralised finance company raises funds with input from US institutional investors

Small firms remain mostly safe

Gains were capped by coronavirus situation in major oil consumer India

Hiring comes after nearly one year amid observations raised by Establishment Division

Decline in import of luxury cars providing level playing field for SUV makers

Economy expected to grow 2% against SBP’s earlier projection of 3% for FY21

Middleman does not deserve all the contempt that is heaped upon him

Country must revisit full spectrum of foreign investment policy to woo investors

Pakistan should open economy, adopt market-oriented policies

Islamabad can benefit greatly as Riyadh opens for economic partnerships, talent hunt

Pakistan ships 460,000 tons of citrus fruit abroad in 2020-21, 30% higher than last year

Gold price soars to one-month peak at Rs105,500 per tola

Express concern over Pakistan’s growing debt

PIDE says civil servants getting huge benefits without proper disclosure

Programme will help enhance Pakistan’s trade diversification, integration into global value chains

Banks to stay open during holidays

Power Construction Corp of China got the $354.6m contract

SBP governor, finance minister discuss features of new credit scheme for small businesses

Closes at Rs152.6 against dollar as remittances rise in Ramazan

Decrease comes due to payment of $1b worth of commercial loan

Eats up 82% of govt revenues, prompting steep cut in development budget

Long-run solution to stagflation is increase in productivity of factors of production

If political polarisation grows, hopes for 3% economic expansion will fade

Improved trade facilitation, digitalisation of procedures will be critical to reducing costs

In absence of inflation-led growth, it will be very hard to show economic progress

Crypto firms added to AML rules

Slowdown in industrial production due to third wave of Covid-19 to fuel lay-offs

Increase comes on back of surge in food prices

KSE-100 index decreases 445 points amid growing cases of coronavirus

Beijing eyes FMD free meat and dairy products for import

Indian financial markets struggle as world’s worst Covid-19 crisis engulfs country

Looks to ease pressure on telecom networks for delivering high quality service

Reduction comes on back of limited flight operations, low jet fuel prices

Says govt will provide targeted, sustainable incentives to business community

Applicants applying for housing loans are being charged exorbitant processing fee