Business

Heavy Chinese refinery maintenance in May also contributed to decline

Agriculture sector is targeted to grow 3.5%, industry 6.5% and services 4.7%

LCCI warns various associated industries, jobs of millions of workers at stake

Power consumers will get Rs4.4b relief in June bills

Under the facility, cottage industry will get financing of up to Rs10m

Discussions for $1 billion loan tranche expected to conclude on Thursday

Currency has dropped Rs3.04 in past one month

SMEDA CEO says inclusion of Pakistan in Amazon’s seller list will add $1b to export receipts

Industry players demand business-friendly policies in upcoming budget

Experts say Pakistan can become major player by meeting world standards

National Economic Council okays Rs2.1tr for national development outlay

Govt must be committed to reforms without which growth cannot be sustainable

External help from academia regarding expansion plan can also be sought

Zero-rated regime ought to be classic stimulus for dairy sector to have massive impact

OPEC and its allies are sticking to agreed supply restraints through July

Benchmark index gains 90.96 points to close at 48,302.66

Credit cannot be taken away from govt for taking some timely pro-people steps

Three personal finance principles help savers to build strong net worth

US magazine lauds govt’s efforts saying even US and India faced difficulties in dealing with the pandemic

Report findings aim to overcome multiple constraints facing smallholders

Proposal to increase tax on fertiliser, import of crude oil under review

Say it will help revive economic activities in Pakistan

Member IR says trying best to ensure speedy payment of refund claims

Country reports turnaround in output of almost all crops compared to last fiscal year

Total sales reach 3.94m tons against 2.63m tons in May last year

Canada lost more jobs than expected in May amid continued lockdowns to curb a harsh third wave

Agri sector officials say performance of research departments is deteriorating

Major airlines and industry group officials to hold news conference on Monday

Says it will help in promoting documented economy and increasing tax revenue

Index rises 1,085 points on back of investor optimism ahead of budget announcement

Cryptocurrency fell more than 7% on Friday

Of total project cost of Rs31b, South Korea will provide 85% of financing

Pakistan now compliant or largely compliant with 31 out of 40 recommendations

Closes at Rs154.62 against US dollar in inter bank market

SPI for the combined income group rose 16.12% compared to the corresponding week of previous year

Envoy to Canada says it offers secure and profitable banking solution

MNA says economic revolution only possible through trade promotion

Allows hike in rates for four months and reduces price for three months

Majority of projects are related to infrastructure and power

Citi Pharma plans to offer 35% stake to institutional, ordinary investors at Pakistan stock market

Says it will make exploration of shale oil and gas feasible, encourage investment

Agenda item dropped after macroeconomic strategy draft found unsatisfactory

Analyst terms reopening of global economy bullish for oil demand in second half of 2021

Monopoly of state-run firms, no utilisation of idle terminal capacity put additional burden

Minister says lender put a gun to Pakistan's head to set the interest rate at 13.25%

Party says country's ability to service its debt has further weakened

Sharp rise in food prices also comes as the Covid-19 pandemic has thrown millions out of work

Initially, 23 out of 26 federal government properties were sold through open bidding

Closes at Rs154.78 in the inter-bank market on Thursday

Minister raises official forecast for this year as Europe’s top economy roars back