Business

Russian oil now accounts for only 12% of Germany’s supply

Experts claim rise comes in anticipation of a further spike in inflation reading

Most European gas buyers initially rejected rouble payment scheme

Rupee closed at an all-time low at Rs188.18

Pakistan had great potential in the field of IT and the Ministry of IT would ensure cooperation

Project will consist of storage tanks, distribution centre and regas trains in long run

Beijing seeks upward revision in cost of railway scheme

Alphaliner, is likely to be seen as a negative sign for the global economy

Benchmark KSE-100 index drops 255.57 points to settle at 45,817.68

Financial institution suspends international transactions services

Shanghai shows no signs of letting up its zero-Covid policy

Pakistan and Bangladesh import nearly 80% of their palm oil from Indonesia

Imports make up around 85% of India’s overall coking coal needs

Announcement of $3 billion cash deposit by Saudi Arabia in the State Bank helped the rupee

Demand flexibility and security bolstered by pandemic, tight labour market

Grower says Chinese varieties increasing their incomes

Previous govt failed to create 404 HR positions due to internal rifts

ICCI says Pakistan needs industrialisation to create jobs, encourage investment

Domestic production estimated at 3.2m tons from Apr-Sept 2022

Benchmark KSE-100 index adds 520.23 points to settle at 46,073.25

Currency volatility, rising deficit, fiscal woes exacerbate economic challenges

Let’s not be too late in 5G rollout as ministry works out comprehensive strategy

Though customers trust banks more than fintech challengers, this won’t last forever

Don’t put all eggs in one basket and go for investment diversification

Country relies on foreign capital goods, raw material to keep wheels of economy moving

Financial institution suspends international transaction services

US treasury secretary highlights it can help lower soaring inflation

Cites improvement in economy as country deals with fallout of war

Megacap companies highlight big earnings in ongoing season

SBP has injected $1.2 billion into inter-bank market to defend rupee in ongoing fiscal year

Source confirmed the delay that Boeing expects to delay certification target until late 2024

ECB has been cautiously unwinding support as inflation remains at record high level

Expert believes there is plenty room to expand export of commodity to Beijing

Call for restoring fixed tax regime

Market ends all five sessions in loss due to rupee fall, absence of positive news flow

Say it will help curb circular debt in power sector, save foreign exchange

Deficit rises in March despite export earnings, remittances hitting all-time high

Move to help curb domestic prices

Further downside seems limited as buyers expected to return to market

The index for the group stood at 179.52 points against 182.48 point

K-P energy department is constructing solar stations to energise business centres

Late delivery of cars is common practice by local assemblers of Pakistan

State Bank helped the rupee to appreciate

Say ongoing challenges are not new, similar situations had been witnessed before

Project aims to bring efficiency in power sector, promote green energy

Businessmen say free floating currency denting economy

CNCEC will design, construct and finance offshore LNG terminal in Pakistan

Benchmark KSE-100 index falls 99.6 points to settle at 45,553.02

Imran Khan led former PTI government took loans worth over $57b during its rule

Growing number of ECB policymakers called for an early end to asset purchase programme