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Small Businesses to Get Rs. 2.2 Trillion Loans by 2028
Prime Minister Shehbaz Sharif has ordered the government to double financing for small and medium-sized enterprises (SMEs) to Rs. 2.2
ProPakistani
Pakistan and IMF: A universal cure for all diseases
The International Monetary Fund (IMF) staff and Pakistan reached a staff-level agreement on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the Resilience…
Business RecorderNTT Data in final talks to build Anthropic's first data centre in Japan, Nikkei reports
TOKYO: Japan’s NTT Data Group, a unit of telecommunications giant NTT, is in the final stages of talks to build a data centre in Osaka, western Japan, for US AI company Anthropic, the Nikkei…
Business Recorder
Indian shares on track for muted open as inflation strengthens rate-hike concerns
Indian equities were poised for a muted open on Tuesday as investors monitored Middle East tensions and elevated crude oil prices , while a faster-than-expected rise in retail inflation strengthened…
Business RecorderLDPL seeks gas supply for 235MW power plant
ISLAMABAD: Liberty Daharki Power Limited (LDPL) has urged the government to intervene for the immediate restoration of raw gas supplies to its 235-megawatt power plant, warning that its continued…
Business RecorderPanel concerned over nominal petrol price cuts
ISLAMABAD: A parliamentary panel on Monday raised concerns over the extent of petroleum price reductions, questioning why prices were being reduced by only a few paise despite the arrival of…
Business RecorderWinter gas load management plan: PD seeks PM-led CCoE’s nod
ISLAMABAD: The Petroleum Division has sought approval from the Prime Minister-led Cabinet Committee on Energy (CCoE) for the winter gas load management plan for four months (November 2026 to…
Business RecorderPM orders doubling of SME financing to Rs2.2trn
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed that the total value of loans for small and medium-sized enterprises (SMEs) be increased from Rs1.1 trillion to Rs2.2 trillion by 2028 to…
Business RecorderPakistan-China economic cooperation: ICCI for promoting practical business models, JVs
ISLAMABAD: Federal capital’s business community has stressed the need for strengthening Pakistan-China economic cooperation by promoting practical business models, joint ventures, technology…
Business RecorderTanners’ association expresses concern over monitoring system
KARACHI: The Chairman of the Pakistan Tanners Association (PTA), Muhammad Azam Malik, has expressed deep concern over the FBR’s Digital Monitoring Production System for tanneries as per a…
Business RecorderIncome tax returns: FBR urged to grant more time for submission
KARACHI: Ismail Suttar, Chairman of the Salt Manufacturers Association of Pakistan (SMAP), has called on the Federal Board of Revenue (FBR) to grant more time for the submission of income tax…
Business RecorderSenate panel informed: 98 foreign-funded projects included in FY27 PSDP
ISLAMABAD: The Senate Standing Committee on Planning, Development and Special Initiatives was informed that a total of 98 foreign-funded development projects, with an estimated cost of Rs 8.1…
Business RecorderAsian refiners buy spot Nov Saudi oil
SINGAPORE: Several Asian refiners bought November Saudi crude in the spot market as Saudi Arabia pushed to move more oil out of the Strait of Hormuz, sources with knowledge of the matter said.
Business RecorderEurope's STOXX 600 ends higher as bank stocks cushion oil price hit
Europe’s equity benchmark rose on Monday, kicking off a busy week on a strong note as a surge in bank shares helped absorb the hit from higher oil prices.
Business RecorderFTSE 100 ends higher as financial, medical stocks offset crude price hit
Britain’s FTSE 100 edged higher on Monday, buoyed by financials and medical equipment stocks as investors looked ahead to crucial US inflation data and UK GDP readings due this week for fresh…
Business RecorderIndustrial stocks drag Sri Lankan shares lower
Sri Lankan shares closed lower on Monday, dragged by industrial stocks. The CSE All-Share index settled 0.28% lower at 20,260.06 points.
Business RecorderBanks Refund Rs. 1.2 Billion to Customers
The Banking Mohtasib Pakistan has decided 29,001 complaints in favor of customers, involving Rs. 1.2 billion, during the first nine
ProPakistani
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