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Dar defers $6.7b CPEC rail project
Directs Railway Division to revise project summary with detailed financing plans
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Govt urged to implement economic reforms
SBP highlights need for fiscal consolidation, tax base expansion in annual review
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Govt holds telecom projects’ funds
Fails to utilise Universal Service Fund since 2013
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Internal rifts emerge over $6.7b ML-I project approval
Planning ministry refutes FO’s statement that ECNEC deferred approval of CPEC project
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Forex reserves soar to two-year high
SBP cites official inflows as reason for rise in reserves to $9.4b
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Ministry defies PM’s orders on SOEs
Fails to release information in privatisation decisions for 45 entities
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PSX survives pressure, ends slightly up
KSE-100 index edges up 49.13 points, settles at 80,282.80
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Fuel dealers dismiss July 5 strike call
Say filling stations will stay open nationwide, favour in-depth talks
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‘Increasing productivity, competitiveness is key’
Planning minister stresses need for technological innovation, long-term policies
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ECC airs concern over delay in settling OMCs’ claims
Price differential claims pile up due to oil sales at lower prices
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PSX eyes surge despite FTSE downgrade
Local analysts see minimal negative impact from market reclassification
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New electricity tariffs: How much will your bill increase?
The Power Division asserted a decrease in electricity rates once the economy improves
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Bitcoin falls below $59,000, loses 4% in value
Market cap of Bitcoin at $1.15T.
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Brazil's services sector faces highest cost pressures in 8 months: report
"Service providers report substantial rise in expenses," says S&P Global.
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US services sector sees fastest expansion in new orders this year
US services sector activity has risen for 17 consecutive months, says S&P Global.
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Asia stocks soar to 27-month high as dollar falls on rate cut bets
FTSE futures nudged up 0.1%, while sterling held at $1.2740.
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IMF loan, payout hopes drive PSX to record
KSE-100 index jumps 680.78 points, settles at 80,233.67
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Rupee continues gradual downtrend
Currency under pressure after widening of trade deficit in June
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Govt urged to cancel IPP agreements
UBG chief warns of economic collapse due to high electricity tariffs
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IT professionals decry unfair tax policies
Warn of brain drain; call for austerity measures, tax exemptions for salaried class, hardware
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PIA bidders worried over EU ban
Govt seeks apology from former chief justice for derailing privatisation process
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New bill to improve investment climate
Introduction of alternate dispute settlement will bolster investor confidence
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All requirements met for IMF bailout: finance official
State minister says size of loan package will be north of $6b
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SSGC to launch dedicated gas supplies
New pipelines to enhance gas distribution for industries, homes starting July 15
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PSX hits historic milestone, closes above 80,000 points for first time
Significant surge follows continued bullish trend, with KSE-100 index gaining 680 points from previous session
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Petrol pumps to shut on Friday after dealers announce nationwide strike
PPDA President Abdul Sami Khan warns the strike could last more than one day
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Prize bond schedule 2024: Key dates for upcoming 750 draw
The upcoming Quetta 750 prize bond draw is scheduled for July 15
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Gold prices climb in International and Pakistani markets
International gold prices rise by $21, making a significant impact on Pakistani domestic markets.
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What are the demands of petroleum dealers?
Fuel dealers demand the withdrawal of advance tax, plan nationwide strike on July 5
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PSX breaches 80,000 barrier once again in intra-day trading
Surge follows a continued bullish trend, with the upward momentum attributed to various factors.
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Pakistan surpasses annual export target
Trade deficit shrinks to $24 billion, beating IMF projections by $10b
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Stocks surge ahead of earnings season
KSE-100 index gains 728.55 points, settles at 79,552.89
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Pakistan, Azerbaijan to deepen economic ties
High-level meeting stresses need for early conclusion of PTA, BTTA
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PBF urges PM to reduce tube well tariff
Proposes reduction from Rs10 per unit to affordable rate similar to industrial sector’s
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CPEC opens doors to tech-driven initiatives
IT minister says digital technologies will unlock new avenues of growth, job creation
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Cement dispatches drop by 12.58% in June
Industry calls for policy revisions as domestic demand declines
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Rupee falls slightly on pent-up dollar demand
In FY24, currency gained 2.75% vs dollar; its first appreciation in three years
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Petroleum demand hits 18-year low
Economic slowdown cited as reason while govt collects Rs1 trillion in levies
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Govt opens backdoor for public hiring
Cabinet limits monetary benefits for bureaucrats to Rs1m annually for board meetings
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UK shop price inflation drops to lowest since October 2021, retailers report
Annual shop price inflation slowed to 0.2% in June from 0.6% in May, the lowest increase since October 2021, says BRC.
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South Korea's inflation falls to 11-month low as supply pressures ease
Consumer inflation to stabilize around mid-2% in H2, vows vice finance minister.
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World Bank Group launches $20 billion annual guarantee initiative
World Bank Group aims to boost guarantees to $10B this year, significantly expanding MIGA's $30B balance sheet.
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Govt misses annual inflation target
Inflation stands at 23.4% in FY24, higher than 21% goal, despite choking economy
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Modest CPI, IMF talks propel PSX higher
KSE-100 index gains 379.37 points, settles at 78,824.33
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Petroleum dealers reject strike call
Say strike unnecessary as no tax has been slapped on fuel retailers
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SMEDA launches 10-year cluster-based plan
Plan targets five SME sectors for growth in exports, employment












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