Business

SBP Governor Tariq Bajwa and FBR Chairman Jahanzeb Khan sacked by the government, says source at PM's office

Benchmark index decreases 1.16% to settle at 36,122.95

US sanctions have already more than halved Iranian oil exports to 1m bpd

ECC gives green signal to privatise PSM

OPEC+ will still need to hold back production to balance the market: analyst

Adviser on finance says negotiations with IMF moving in a positive direction

So that the nation can steer itself out of the current economic crisis

PM aide says farmers and businessmen will be given more relief

Raises prices by Rs30,000 per unit, experts attribute it to rupee fall

IDB president emphasises that the bank would further strengthen cooperation with Pakistan

Education minister says it will equip younger generation with financial knowledge

Adviser to PM on Commerce Abdul Razak Dawood says most businesses in Pakistan are SMEs which need public support

Two closely watched indices slip, could weaken IMF’s case for discount rate hike

Asian Development Bank hints at providing assistance following agreement on IMF loan

Benchmark index decreases 236.81 points to settle at 36,547.63

Decline comes on the back of external debt servicing and other official payments

Prices are still supported by political crisis in Venezuela, US sanctions against Iran

Sees no strong case for hiking or cutting rates

Discussions will continue in Washington next week

World Bank says Oman should also pay attention to improving expenditure, reforms

National Iranian Oil Company chief says Tehran will not leave OPEC

Lack of knowledge and awareness is undermining the tech ecosystem in Pakistan

Official says recent projects of the organisation are receiving excellent feedback

Company official laments local manufacturers have only 20% market share

Is vying with Saudi Arabia for gas supply, offers to export 400 mmcfd

Meeting will discuss whether to transfer entire or partial burden on consumers or defer the increase

Global lender seeks monetary tightening, elimination of circular debt flow from first year of programme

National Iranian Oil Company chief says Tehran will not leave OPEC

Envoy says this way Pakistan can enhance exports to Africa and EU

High finance cost due to rupee depreciation dilutes profit

Increase comes on the back of rise in oil and gas production, rupee fall

10 major electricity distribution companies have made names public

Traders have asked FBR for exemption from taxes and duties

Lack of mechanisation hampers efforts to increase crop production

Company intends to use the investment in marketing, tech upgrading

Power Division secretary explains different electricity transmission models to the Turkmen delegation

NEPRA takes notice of charges collected by company without approval

US energy giant also eyeing investment in Pakistan’s LNG sector

Sends summary to ECC for review so that minimum burden will be placed on the masses

Shortfall comes amid strategic differences between Pakistan and IMF

Benchmark index loses 241.83 points to settle at 36,784.44

The government is charging the 17% general sales tax on petroleum products

Comments from Riyadh come despite US pressure to raise output

Aims to generate Rs100b revenue of the total Rs600b tax collection target set by IMF

Accordingly, SSGC has requested the federal government to address this anomaly

Cumulatively, the rupee has shed 33.4% of its value since December 2017

Analyst cites lower gross refining margins for the loss

Both parties fail to reach an agreement before deadline

Provincial govt spends millions each month on operations of three bodies

Tycoons continue to collect cess from consumers, but fail to deposit it in govt accounts