Business - DAWN.COM

FBR uncovers Rs756bn sales tax scam

Prime minister directs AGP, finance minister to strategise optimal recovery.

Published 04 May, 2024 07:00am

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
PKGIDEF	6.6900	0.8900	15.35 ▲	12,000
BFMOD	5.8300	0.7300	14.31 ▲	1,000
ARUJ	7.8000	0.9500	13.87 ▲	5,000
SGPL	6.5000	0.7700	13.44 ▲	185,000
AGLNCPS	9.5900	1.0000	11.64 ▲	1,000

Company	Price	Change	Change %	Volume
FTSM	8.1500	-1.0000	-10.93 ▼	4,000
REDCO	5.7500	-0.5600	-8.87 ▼	12,000
IML	12.1300	-1.0000	-7.62 ▼	14,000
SASML	42.4600	-3.4400	-7.49 ▼	2,000
FFLM	2.3200	-0.1800	-7.20 ▼	1,500

Updated May 03, 2024

World food prices up in April for second month: FAO

The FAO’s April reading is nonetheless 7.4pc below the level a year earlier.

Published 04 May, 2024 07:00am

K-Electric seeks Rs3.84 per unit base tariff hike for seven years

Nepra admits petition for hearing, asks stakeholders for their views within seven days.

Published 04 May, 2024 07:00am

Weekly inflation slows to 24.4pc

It is the lowest SPI reading in 97 weeks since June 16, 2022.

Published 04 May, 2024 07:00am

Punjab industries minister for boosting trade with South Korea

“New foreign investment will improve the economy and increase employment opportunities in the country,” he says.

Updated 04 May, 2024 09:00am

Bulls return to PSX as shares gain over 1,200 points on ‘improved inflation numbers’

Analyst says investors "optimistic" due to new IMF programme and upcoming budget.

Updated 03 May, 2024 05:47pm

US supports Pakistan’s efforts for IMF bailout

Encourages Pakistani govt to prioritise and expand reforms to address its economic challenges.

Updated 03 May, 2024 07:58am

States opting for innovation to boost economy, UN report says

The UN says greater productivity levels could be reached through specialising in existing strengths.

Updated 03 May, 2024 10:15am

Exports rebound to $2.35bn

Trade deficit widens 181pc in April.

Published 03 May, 2024 09:16am

Govt hints at 27pc hike in PSDP

13th joint meeting on CPEC likely on 22nd.

Updated 03 May, 2024 09:55am

PM’s steps to tackle Customs corruption will succeed only if FBR’s covert graft practices are busted

Nobody believed a woman could stabilise economy: ex-finance minister Shamshad Akhtar

Why Pakistan must diversify its foreign exchange reserves to move away from dollar dependence

Highlights

How can Pakistan boost productivity to meet the needs of frustrated people?

Normalising trade with India

Brewing troubles

Fragility amidst global turmoil

Remittance dependence in a changing world

A storm is brewing and our economic policymakers remain aloof

Aurora

Samiya Mumtaz: the farmer

Calling all aspiring filmmakers!

Snowhite’s legacy in Pakistan

Business & Finance

Mutiny against the greenback

Pakistan must diversify its reserves to move away from dollar dependence amid global crises and disrupted supply chains.

Updated 29 Apr, 2024 01:08pm

The paradox of bountiful harvests

In a food-insecure country, farmers deliberately destroy hundreds of thousands of tonnes of crop.

Published 29 Apr, 2024 06:59am

Pakistan’s trade potential in Asia

In the last fiscal year, Pakistan’s goods exports to India and Iran totalled just $0.3m and $28,000, respectively, while exports to Afghanistan fell to $522m from $553m.

Published 29 Apr, 2024 06:59am