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Dawn Business
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The National Electric Power Regulatory Authority (Nepra) on Wednesday authorised ex-Wapda distribution companies (XWDiscos) to levy a Rs2.83 per...
KARACHI: Battery energy storage systems (BESS), in combination with solar and wind power, can bring down electricity prices to as low as 6-8 cents...
ISLAMABAD: Pakistan’s trade deficit with the Middle East narrowed 28.18 per cent to $9.521 billion in the first nine months of the current fiscal...
KARACHI: Pakistan’s largest conglomerate, Engro Corp, is looking to expand into new markets, including the Middle East, Central Asia and Africa,...
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved 400,000 tonnes of additional wheat procurement by the...
QUETTA: As the wheat import scandal refuses to die down, former caretaker prime minister Anwarul Haq Kakar has said he never blamed the provinces...
• Dar terms talks with Saudi investors’ delegation ‘elaborate’ • FM explains did not sanction wheat import as ECC head, reiterates Islamabad...
QUETTA: Balochistan Economic Forum President Sardar Shoukat Aziz Popalzai has said that the province has a wider scope of socioeconomic...
KARACHI: Urea sales hit a three-year low, plunging 49 per cent month-on-month to 328,000 tonnes in April and 33pc year-on-year. Sherman Research...
KARACHI: Citi Pharma Ltd (CPL) has entered into a joint venture with Hangzhou Newsea Technology Co Ltd, a renowned player in the Chinese...
KARACHI: Dubai Islamic Bank Pakistan Ltd (DIBPL) has signed an issuing bank agreement with the International Finance Corporation (IFC) to support...
KARACHI: Amid consolidation of overnight gains, the stock market on Tuesday turned in a subdued performance as the KSE-100 index inched lower in...
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday ordered stern action against the Federal Board of Revenue (FBR) officials, including its...
Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the country could not be dictated and would consider only its own interests in...
KARACHI: The boards of Dawood Hercules Corporation Ltd (DH Corp) and Engro Corporation Ltd (Engro Corp) have, in principle, approved a proposal to...
ISLAMABAD: The Power Division has sought immediate disbursement of about Rs130 billion on account of subsidy payments against K-Electric and Azad...
ISLAMABAD: Services exports grew for the second consecutive month, posting a rise of 6.77 per cent year-on-year in March after contraction for the...
KARACHI: Growing optimism about likely major business deals during the visit of a high-powered Saudi trade delegation lifted the benchmark KSE 100-...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has observed that the takeover of Telenor Pakistan by the Pakistan Telecommunication...
ISLAMABAD: Just days after publicly opposing the government’s plan for privatising loss-making public enterprises, PPP Chairman Bilawal...
KARACHI: As Pakistan pursues various options to attract investment, especially foreign direct investment (FDI), the Pakistan Business Council (PBC)...
GILGIT: For the first time, the Gilgit-Baltistan Finance Department collected a record Rs3 billion in the July-March period of the current fiscal...
ISLAMABAD: The telecom companies have collectively forwarded their concerns to the Ministry of IT that the Federal Board of Revenue (FBR) decision...
Sheikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority and CEO of flag carrier Emirates, has kicked off the mega travel...
CHINIOT: Farmers thresh wheat crop in their field at Jhang Road, on Sunday.—APP ISLAMABAD: The first meeting of an inquiry committee, headed by...
• Minister hopes business-to-business meetings will yield investment deals; leading local companies to share proposals with Saudi peers • Two-day...
Though the Punjab government has not explicitly stated whether it will procure wheat, some indicators suggest that it may not intend to do so....
Pakistan Stock Exchange’s benchmark KSE-100 index rose 1.5 per cent during intraday trade on Monday, to an intraday high of 73,060.74 points. The...
The Pakistan Stock Exchange’s benchmark KSE-100 index rose by 860 points on Monday amid a visit by a Saudi investment delegation. According to the...
When oil prices rise, Pakistan’s trade deficit increases. It creates a negative domino effect where high oil prices translate to higher fuel...
The Organisation for Economic Co-operation and Development’s (OECD) energy watchdog, the International Energy Agency (IEA), is on a warpath with...
Financial analysts of different brokerage houses begin speculating about monetary policy changes two or three weeks before their announcement....
The processed food sector in Pakistan is witnessing a significant growth in demand, spurring investment in both the food processing and packaging...
Bringing Pakistan’s ailing economy back on track is a gigantic task that will keep its civilian and military leadership on their toes. The thrust...
The ongoing protests by farmers against the government’s wheat procurement policy have triggered a debate. Some question why the government...
ISLAMABAD: While the markup and dividend earnings of the federal government from the state-owned enterprises (SOEs) more than doubled in the first...
Saudi government and companies consider Pakistan a high priority economic, investment and business opportunity, the Kingdom’s Deputy Investment...
Saudi government and companies consider Pakistan a high priority economic, investment and business opportunity, the Kingdom’s Deputy Investment...
ISLAMABAD: The oil and gas exploration companies have warned the government that their financial default was eminent as the outstanding amount...
KARACHI: Two Japanese vehicle assemblers have opted to stay out of the price war triggered by a historic cut from Lucky Motor Corporation Ltd...
KARACHI: The status quo in the SBP policy rate against the market expectation of a cut disappointed investors who resorted to profit-selling,...
KARACHI: Pressure is mounting on the State Bank of Pakistan (SBP) to call an emergency meeting and review the current interest rate amid a drop in...
The International Monetary Fund’s (IMF) mission is expected to visit Pakistan this month to discuss a new programme, the lender confirmed on...
LAHORE: Punjab Industries Minister Shafay Hussain says Pakistan has trade cooperation with South Korea, but there is a need to increase bilateral...
PARIS: The United Nations food agency’s world price index rose for a second consecutive month in April as higher meat prices and small increases...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), recorded a year-on-year increase of 24.37 per cent in the week ending...
• PM directs AGP, finance minister to strategise optimal recovery • Over 100 FIRs filed against culprits • April tax collection falls short by...
• Nepra admits petition for hearing, asks stakeholders for their views within seven days ISLAMABAD: Based on the Rs392 billion investment plan it...
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