Business

After takeover, Careem will become wholly owned subsidiary of Uber

Allocates 1.5 tons of cargo quota for Faisalabad-Karachi flights

They see no significant increase in yield, cut in production cost

Decline comes on back of rupee weakness which dented company margins

World Bank notes that rupee-dollar exchange rate should be based on market system

Prime Minister Imran Khan would shortly visit Balochistan to make a big announcement for the province

Revises projection due to slowdown in agricultural growth, stabilisation measures

Country needs one more gas terminal in view of growing demand

Finance minister says bailout deal likely at the end of IMF’s staff-level mission

Group’s delegation arrives in Islamabad to conduct last on-site mutual evaluation

Imran proposes interim setup in Afghanistan

Benchmark index decreases 403.21 points to settle at 38,128.66

Concerns about potential US recession emerge after remarks by Federal Reserve

Much-needed inflows will help Islamabad make international payments

Expects United Kingdom to leave the European Union without a deal on 12 April

India can carry out terrorist attack in Pakistan before next month's elections: PM tells journalists

In recent years, it has infested sugarcane, cotton, vegetable and other crops

Accumulated debt of 200 public enterprises has now surpassed Rs1 trillion mark

Officials discuss hurdles and other issues facing the fruit’s export to China

Pakistan needs to invest a lot in ICT infrastructure like optic fibres, mobile towers

South Korea also increases Pakistani labour quota from 900 to 1,000 per year

Expects to seek a valuation of around $12 billion

The $100-million venture also aims to assemble SUV in future

Request govt to give 6-8 months to comply with shelf life, labeling requirements

Ambassador Matsuda names sports, culture and education as sectors of interest

News of inflows from China, MoUs with Malaysia and improved current account deficit drive sentiments

Rapprochement angers Washington, alarms some EU allies

Businesses forced to diversify amid sanctions on some export markets

Asia Petroleum Limited seeks payment to cover shortfall in furnace oil supply

Move comes due to provincial government’s failure to approve a spatial strategy

Hammad Azhar urges businessmen to submit relevant proposals

Average prices of 22 items rose in a selected basket of goods

Economic situation would get better once the ease of doing business improved in the country

Textile Division submits summary, business plan to Prime Minister’s Office

Prime minister to perform groundbreaking of the project in April

This comes despite fall in global commodity market

Says Pakistan, Malaysia should work jointly to tap the potential

Pakistan, Malaysia PMs hold wide-ranging talks

Experts say latest depreciation is in line with expectations

Decline in inflows highlights govt’s inability to remove bottlenecks

Benchmark index increases 147.15 points to settle at 38,531.87

US president expects to keep 25% tariff on European light trucks

Prices, however, find support from OPEC-led supply cuts, US sanctions

The Ministry of Finance has completed all procedural formalities with the Chinese counterpart for the facility

Chinese truckmaker introduces six new models with Euro-3 engine technology, LPG fuel option

Textile sector would assist in surpassing the overall export target of $25 billion by the end of current fiscal year

Bank representatives will discuss credit flow during sowing season

Number of ATMs dropped by 17,800 quarter-on-quarter by the end of 2018

Online marketplace sets up logistics firm to facilitate sellers, boost deliveries

ECC likely to approve additional import of 200 mmcfd from Qatar