Business

Agreement with IMF on strict terms is feared to hammer stock market

CDWP recommends additional projects worth Rs37.1b to ECNEC for consideration

ECC puts off decision on proposal of imposing tax on tobacco, beverages

Benchmark index plunges 796.48 points to settle at 44,948.52

NSA says US companies doing successful business in Pakistan is in best interest of both countries

CCOP discusses arranging Rs104b in loans before privatisation of two LNG power plants

Three-fourths of $3.8b borrowing made for budgetary support, oil purchase

About 29% of the UK train fleet still runs on diesel

Brent crude futures rose $0.97

Envoy asks Pakistani investors to pour capital into Azerbaijan’s free zone

Demand for the foreign currency stood higher

Move aimed at aligning banks, DFIs with international standards and best practices

Says it will deal blow to ‘Make in Pakistan’ vision

PIDE presents four options for revision in margins of OMCs, dealers

Dealers have allegedly hoarded 0.45m tonnes of fertiliser

Cooperation in cotton industry providing possibilities for textiles

Country envisions a shift to 30% electric cars and trucks nationwide by 2030, and 90% by 2040

Benchmark KSE-100 index sheds 744.41 points to settle at 45,745

Country can use awareness created by conference to reduce smog, city pollution

Economist suggests low tax rates, spending curbs, free trade, selling bleeding SOEs

How effective five million affordable housing policy is implemented remains to be seen

Country has failed to exploit export potential of sector due to flawed policymaking

This sector has served as engine of development for several countries

Country can release reserves only at a time of supply constraints or natural disasters

Decision comes as conglomerate pivots towards renewable energy

Retail giant says will stop taking payments from Visa credit cards in Britain

PM aide terms China great destination for Pakistani agricultural products

Traders lament Karachi industries do not receive subsidised gas

Maggo says problem being witnessed due to absence of urban planning

Allows companies to give guarantee against disputed import duty

Market player says despite losses, pandemic provided opportunity for digital trade

PBC CEO fears drop in imports will hit investment in industrial sector

Benchmark KSE-100 index climbed 740 points, or 1.6%, to close at 46,489

Claims Rs74b in damages on ‘unlawful’ freezing of bank accounts

Says it will jeopardise planned investment of $5 billion, establishment of 100 new plants

Beijing’s regulatory drive to rein in companies it thought were growing too powerful

Average prices of 27 items rose

SBP has injected $1.2 billion into the inter-bank market to defend the rupee

Ambassador says Pakistan’s GSP Plus record has both positives, negatives

Islamabad, Beijing to sign document next week

Initiative will lay foundation of modern agriculture in Pakistan

Revenue proceeds will be spent on clearing liabilities of PTDC, tourism promotion

Jump in services import, higher commodity prices drive increase in the deficit

US slapped duties on Spanish olives to counter dumping, subsidies in 2018

Traders say sharp increase will discourage investors from pouring money in Pakistan

Cabinet gives approval to summary prepared for filling the post

Enterprises of all sizes can utilise these solutions to thrive in complex business environments

Former finance minister says the latest move will further slowdown the country’s economy

Benchmark KSE-100 index adds 378.91 points to settle at 46,489.41

Committee says it is creating problems in smooth handling of parliamentary affairs