Business

IMF has asked Pakistan to end state control of the rupee

Offers 40m shares at Rs20 each to investors at PSX

PTEA demands changes in system for speedy processing of refund claims

Cite increased competition in world market while export sectors struggle

Closes at Rs105,900 per tola, takes cue from global market

Cabinet gives ex-post facto approval for increase in prices from June 26

Investment in new aircraft to be cut by 50% as airline struggles to cope with crisis

NIC report says businesses have come to halt amid struggle to survive

SBP claims shift to electronic payments will stimulate trade, help economy by 7%

It will perform all functions currently being done by Pakistan Customs

Early release of wheat stocks by Punjab may aggravate situation

Benchmark index gains 170.58 points to settle at 35,373.35

Sixteen US states report record increases, other parts hit by resurgence

Power Division subsidies budget given to Finance Division

Global stocks Markets rally on economic recovery

Infrastructure projects Asad Umar reviews progress

Expanding markets Pakistan begins mango exports to Japan

Inter-bank market Rupee weakens against dollar

Overall cement consumption edges up 1.98% due to higher export growth

Ambiguity about extension in period for receipts leads to suspension of shipments

Demand problems should be resolved to help meet export orders

Businessmen say fluctuations without notification are disrupting production

Move aimed at cooperating with other countries to stop money laundering.

OICCI says investors not deterred by isolated incidents, take holistic view of situation

Commissioner says it will take decisive action if Washington is unwilling to settle row

Will expedite processing of applications under refinance scheme

Benchmark index gains 151.39 points to settle at 35,202.77

Price ceiling may be determined by OGRA more frequently, like weekly or even daily

Solution lies in deregulating market, removing curbs on setting up industries

Avoiding economic contraction will be quite challenging for government

Efforts needed to enlarge resource envelope through higher investment, economic activity

Pakistan fails to link budget with long-run objectives, is trapped in year-to-year goals

Javed Ghani given acting charge after Nausheen Amjad removed

Staff protests over airline's response to pandemic

Govt taking various measures to control locust attack

Says cut in taxes will create monopoly of imported gas

Study suggests state institution’s potential remains largely untapped

Survey finds only 15% respondents using digital services amid lockdown

Decides to amend fiscal law to enhance its role for planning and raising loans

ECC approved operation of two RLNG-based plants for three months

KSE-100 index records gains of 1,112 points or 3.3% to settle over 35,000-mark

Stakeholder stress updating laws, easing taxation to boost sector

Centre turns down demand NTDC, power companies give up right to litigation

Ministry says distribution companies responsible for power cuts

UNISAME president emphasises that the limping SME sector needed support

The SPI for the combined income group surged 9.77%

Inter-bank market Rupee strengthens against dollar

SBP governor says concerns over relief measures dispelled through necessary amendments

Maintains its 3-month-old decision; turns down energy ministry’s request for review

FPCCI VC insists horticulture has massive potential for enhancing exports