Business

CEO wants to move quickly on creation of two entities

Claims hit a record high of 6.137 million in early April 2020

Move part of €8.7 billion plan to support auto industry

Experts say it can play vital role in achieving goal of digital transformation

Western companies from McDonald’s and Starbucks to Deutsche Bank and Shell have stepped back from Russia

Core inflation increased 6.78% in the year through March

Investors digest hawkish signals from Federal Reserve

Pakistan uses intercropping planters for first time to relieve sowing burden

Besides expensive inputs, surge in freight rates, rupee fall deal blow to industry

Says tariff increase needed to meet revenue requirement for FY23

Decrease reflects debt repayment, settlement of arbitration award related to mining project

DG Petroleum Concession demands undertaking ahead of transfer of Eni assets

Benchmark KSE-100 index drops 324.27 points to settle at 43,786.83

Decrease reflects debt repayment, settlement of arbitration award related to mining project

Crosses Rs190 mark in open market

Asian Development Bank projects growth slowdown, double-digit inflation

Central bank moves after local currency hits historical low level of Rs189.51 against US dollar

The world’s biggest furniture retailer said on Wednesday it was buying the projects

Urges lawmakers to separate economy and politics

Industry sells 5.04m tons against 5.37m tons in March 2021

Official terms efficient communication structure vital for development

Foreign players express interest in entering Pakistan’s market

Amount received under price differential claims; another Rs11.7b will be released

Political turmoil fuelling persistent decline in currency’s value

Nearly one dozen firms are at different stages of listing process

Benchmark KSE-100 index adds 183.02 points to settle at 44,111.10

BOJ was carefully watching currency moves due to their huge impact on the economy and prices

No agreements have yet been announced for mineral extraction or refining

Envoy says Ashgabat can supply LPG to Islamabad to address energy woes

German Foreign Minister Annalena Baerbock said the ban on coal will be followed by oil and then gas

They stress need for use of technology during general meetings

Money will be used to clear claims of state-owned utilities

Says it is increasing cost of doing business for firms

Falls to Rs185.23 against dollar in inter-bank market

In next phase, K-P govt will present final feasibility with cost estimates

PTI govt on average added Rs14.2b per day to debt in three and a half years

Account requires no source of income, can be opened by submitting CNIC

Some assets may depreciate faster in value

Benchmark KSE-100 index adds 26.03 points to settle at 43,928.08

Europe’s largest economy is heavily dependent upon Russia for energy

Penalties to build additional economic pressure on Moscow

Western countries to deliberate over further limitations on Moscow in coming days

Goldman Sachs forecast inflation to peak around 67% in May-June and remain above 65% for most of 2022

Price hike will be under fuel cost adjustment for February

Deficit in Jul-Mar FY22 stands $14.6b higher than same period of previous year

They stress need for Charter of Economy to tackle economic headwinds

Dealers to inspect oil separator for damage or oil leaks; replace as necessary

Nearly two-thirds of investment goes to Naya Pakistan Certificates

Cite soaring freight cost, export bottlenecks as major reasons

Will introduce Shariah-compliant prize bonds, saving certificates