Business

Suspects Pakistan may default on repayment to global private-sector creditors

Benchmark index increases 353.58 points to settle at 34,158.55

As more countries ease out of curbs imposed to counter coronavirus, economy needs fuel to restart

First time in 8 years, PIA achieves gross profit of Rs7.8 billion against gross loss of Rs19.7 billion in 2018

GDP shrinks to $266b, per capita income goes down to $1,366

Bourses in Britain, Germany and France recover some of last week’s losses

In 10 months of FY20, foreign firms injected capital worth $2.28b

LCCI calls for deferring interest payments, power and gas bills for 6 months

Overseas Investors Chamber of Commerce and Industry says changes will further improve regulatory environment

Investors oversubscribe Islamic bond by 50% on first day of bidding

PM Imran Khan's adviser says focus will be on bringing new potential taxpayers into tax net

Move aimed at complying with law, ensuring better resource utilisation

Negotiations between PFMA, Punjab secretary fail

Shahbaz Gill also criticises PML-N for making ‘false statements’

Positive sentiment prevails as Powell issues optimistic outlook for economic recovery later this year

Suggest massive swarms need to be killed by pesticides with strong ability of sudden killing

Budget should save common people from further economic losses

Lockdown making it necessary to opt for digital banking, mobile wallets

Such meters help identify theft, reduce power sector losses

Big decline in April export earnings leaves no room for policy confusion

Power sector debt is not an insurmountable quagmire allowed to sap fiscal resources

Revenue collection target of Rs5,100 also proposed; Fund agrees to provide relief to businesses affected by pandemic

No fresh insolvency cases would be initiated to avoid a wave of bankruptcies from companies, says finance minister

Interior ministry allows cargo trucks, pedestrians crossings following NCOC decision

Will allow anti-malaria drug manufacturers on case to case basis

Development work likely to be curbed in favour of health, education

Investors cheer lockdown ease, interest rate cut as activity increases

Development spurs fears of Chinese retaliation, hammers US chip-making shares

Europe’s largest economy faces its deepest recession since World War II

Decision made after flight operations reduced by 95% due to lockdown

Emphasise on keeping economic activity alive to avert crisis

Boosts US holdings by buying stakes in major firms including Citi, Boeing, Facebook

Forum president also calls for significant cuts in import duties, tax waiver

Inflows from banks in T-bills and PIBs jump to all-time high of Rs9.8 trillion

Adviser says country can export local commodity to boost agriculture exports

Will deliver lessons through story-based game format

Govt working to offer soft loans, cheap electricity

ADB report updates assessment of potential Covid-19 impact

Sukuk issue is worth Rs2b including green shoe option of Rs500m

Index for the combined income group surged 9.26%

Says reforms in Companies Act welcomed by business community

Some members raise objections over methodology used to calculate GDP number

Report highlights circular debt, transmission losses, inefficiencies haunt power sector

Plans to overcome shortfall in expenditures through borrowing

Rs75b released to BISP out of Rs200b earmarked in PM’s relief package

Benchmark index gains 203.43 points to settle at 34,008.33

Signs show demand for crude pick up as China reports increased refinery runs

Improved inflation outlook provides central bank room to cut rate

Minister, SBP governor review country’s financial health

Govt plans about 4,000MW power plants in country’s south