Business

Textile sector urges govt to take steps to resolve issue, settle refund claims

Climate change, locust attacks, water scarcity remain major downside risks

Increase comes on back of growing economic activity, lower interest rate

Gives govt full powers to impose surcharges on power consumers

ANF official calls on authorities to grant access to WeBOC system

Imam called for promoting bilateral trade and investment relations between Pakistan and South Africa

Inflows remain strong above $2b for ninth successive month in February

Govt has determined the price for Services International Hotel on basis of market value

Pakistan received the first loan tranche of $991.4 million from the International Monetary Fund on July 9

Cabinet grants status of industry to telecom sector

The rupee strengthened against the US dollar at Rs157.09 in the inter-bank market

Pakistan will take a $200 million loan from the World Bank to fight locusts

Brent crude on track to end week flat following seven straight weeks of gains

Sindh govt has levied GST on channel development cess collected from LNG vessels

Extension of contract between JJVL, SSGC pending before Law Division

SBP official says central bank adopting latest technology to speed up service delivery

Bankruptcy creates massive uncertainty for clients who depended on its finance services

Government rushes to show progress on over two and a half dozen conditions

Users will get relief of Rs2.3b due to tariff reduction on account of fuel cost adjustments

Envoy says Ankara is working to introduce educational, vocational training programmes

Babar says 45-50% electricity globally is sold as commodity rather than monopoly service

PIEDMC chairman says incentives will be given to IT companies

The rupee weakened against the US dollar at Rs157.13 in the inter-bank market

ECC also approves proposal to rationalize electricity subsidies to meet IMF prior action

Central bank gives no reason behind the increase

Concern about strong pick-up in inflation eased with dollar at its lowest level in a week

Benchmark index nosedives 911.92 points to settle at 42,779.76

MNCs re-routed over $218b of FDI via Netherlands to UAE to save taxes

Jump in cryptocurrency prices feeds market boom

Pandemic, higher import duty, rupee depreciation push up tyre prices

Accuses it of deceptive marketing practices in ad campaign for new SUV

Increase comes on account of monthly fuel charges adjustment for January 2021

Consumers reluctant to receive expensive gas supplies

FPCCI chief urged exporters to go for innovation, adopt modern technology

The rupee strengthened against the US dollar at Rs157.04 in the inter-bank market

Cabinet approves proposal to introduce a new budget to meet IMF condition

Benchmark index falls 531.23 points to settle at 43,691.68

OECD says pandemic-hit global economy is set to rebound with 5.6% growth this year

Umar says strong IT infrastructure will help economy

US treasury secretary says Covid-19 has had “extremely unfair” impact on women income, jobs

Textile body says unavailability of yarn, fluctuations in exchange rate affecting sector

Company plans to launch hybrid versions of its cars this year

Share prices fall for fifth successive session amid tech-led selloff

Considers proposal to allow interim increase of 6.5% on sale of petroleum products

Central bank governor appreciates role played by women in shaping economy, society

Holds meeting to review progress on Agriculture Transformation Plan

Executes agreements in joint venture with employees of Italian company

Earlier, prices jumped to above $70 per barrel for first time since start of pandemic

The rupee strengthened against the US dollar at Rs157.07 in the inter-bank market

The main road passes through Nana Sahib, Gumbaz, and Shah Wali Landi Mirkhan and terminates at Chamalang coal mines