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Today's Paper | May 01, 2024

Over 0.5m non-filers’ SIMs to be blocked

Over 0.5m non-filers’ SIMs to be blocked

The FBR has identified 2.4 million potential taxpayers who did not exist on the tax rolls.

Published 01 May, 2024 07:50am

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
HIRATDEF	2.0200	0.7300	57.48 ▲	1,471,000
REDCO	6.1300	1.0000	19.49 ▲	71,000
AGLNCPS	7.5900	1.0000	15.18 ▲	500
AGSML	6.8500	0.7500	12.30 ▲	839,000
FTSM	9.1500	1.0000	12.27 ▲	2,500

Company	Price	Change	Change %	Volume
TSMF	4.5000	-0.6000	-11.76 ▼	3,000
ARUJ	6.8500	-0.8500	-11.04 ▼	500
HAEL	8.4200	-1.0000	-10.62 ▼	47,000
FECM	3.8600	-0.4400	-10.23 ▼	21,500
FANM	3.0000	-0.3000	-9.09 ▼	41,000

Updated Apr 30, 2024

Govt striving to clear $2bn Chinese IPPs dues

Govt striving to clear $2bn Chinese IPPs dues

Official tells Dawn Chinese financial institutions required a comfort zone to extend further cooperation in critical projects.

Updated 01 May, 2024 09:57am

Collection falls short by Rs63bn in April

Collection falls short by Rs63bn in April

A top tax officer tells Dawn that the shortfall in revenue collection in April was primarily due to Eid holidays.

Updated 01 May, 2024 10:00am

Fiscal gap widens with surging markup payments

Fiscal gap widens with surging markup payments

The ministry of finance claims "some positive developments" in the fiscal performance on the back of significant revenue growth.

Published 01 May, 2024 07:50am

Govt slashes petrol price by Rs5.45, high-speed diesel by Rs8.42

Govt slashes petrol price by Rs5.45, high-speed diesel by Rs8.42

New petrol price is Rs288.49 per litre while that of HSD is Rs281.96.

Published 30 Apr, 2024 11:47pm

Govt raises Rs253bn from T-bills’ auction

Govt raises Rs253bn from T-bills’ auction

The State Bank reports no change in the cut-off yields.

Published 01 May, 2024 07:50am

SBP reserves rise to $9bn after IMF inflow

SBP reserves rise to $9bn after IMF inflow

“The amount will be reflected in the SBP’s foreign exchange reserves for the week ending on May 3, 2024,” the bank says.

Published 01 May, 2024 07:50am

IMF tranche fails to excite stock investors

IMF tranche fails to excite stock investors

Analyst says that the market was reacting to the central bank’s maintaining a tight monetary stance due to still-high inflation.

Published 01 May, 2024 07:50am

HBL to inject Rs6bn in subsidiary

HBL to inject Rs6bn in subsidiary

The bank says it approved an equity investment of up to Rs6bn in its subsidiary.

Published 01 May, 2024 07:50am

Inflation to hover at 18.5pc-19.5pc in April: finance ministry

Inflation to hover at 18.5pc-19.5pc in April: finance ministry

Says GDP growth for second quarter of fiscal year is estimated at 1pc and expected to improve in the second half of the fiscal year.

Published 30 Apr, 2024 08:12pm

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

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

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

Pakistan clearly needs to trade more with its 4 neighbours

Pakistan clearly needs to trade more with its 4 neighbours

Highlights

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

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

Normalising trade with India

Normalising trade with India

Brewing troubles

Brewing troubles

Fragility amidst global turmoil

Fragility amidst global turmoil

Remittance dependence in a changing world

Remittance dependence in a changing world

A storm is brewing and our economic policymakers remain aloof

A storm is brewing and our economic policymakers remain aloof

Aurora

Understand your Nikahnama through Easypaisa

Understand your Nikahnama through Easypaisa

Sparx smartphones enter the local market

Sparx smartphones enter the local market

Remembering Zafar Siddiqi (1948-2024)

Remembering Zafar Siddiqi (1948-2024)

Business & Finance

Mutiny against the greenback

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

The case for fair wages

The case for fair wages

Unfair informal sector wages lead to cyclic poverty as workers toil for long hours and remain unable to afford necessities.

Published 29 Apr, 2024 06:59am

Newspaper

Over 0.5m non-filers’ SIMs to be blocked

Govt striving to clear $2bn Chinese IPPs dues

Uber ceases ride-hailing app in Pakistan

Collection falls short by Rs63bn in April

HBL to inject Rs6bn in subsidiary

IMF tranche fails to excite stock investors

Govt raises Rs253bn from T-bills’ auction

SBP reserves rise to $9bn after IMF inflow

Fiscal gap widens with surging markup payments

SBP holds rate at 22pc for seventh time

Govt body set to pinpoint culprits behind Track and Trace delays

Govt tightens financial management

Petrol, diesel prices likely to be cut by Rs9 per litre

Banking complaints rise 21pc

Trade gap with nine states widens 18pc

Aramco’s acquisition of 40pc Gas & Oil Pakistan stake cleared

Stocks down 1,048 points on rate uncertainty

Indus Motor Company, Fauji Fertiliser Company Ltd profits rise

Mutiny against the greenback

The paradox of bountiful harvests

Pakistan’s trade potential in Asia

The case for fair wages

KSE 100-share index fluctuations

Rupee report: Weekly rupee-dollar parity