Business

World’s leading cryptocurrency was up 3.3% at $66,364.72, after reaching a record of $67,016.50

'Geo-strategic position makes it ideal to become a transit hub to upstream data traffic towards landlocked countries'

Minister says move will steer private investment, mobilise domestic savings

Industry struggling to stay afloat, demands duty waiver

Depreciates Rs0.65 against US dollar on Wednesday to a new all-time low

High deficit due to rebound in economic activity, rising global commodity prices

Insists it is globally competitive, can thrive in deregulated environment

Sector asked to embrace digital transformation to channelise its potential

It will offer incentives, concession in taxes to investors

Benchmark index climbs 870.01 points to settle at 45,499.46

Global coal and gas crunch has driven a switch to diesel and fuel oil for power generation

Amounts to $3.4b during Jul-Sept due to rebound in economic activity, higher global commodity prices

The momentous occasion also saw the debut of a much anticipated new Proton model SAGA

Seeks textile industry representation in advisory committee for tax issues

Say it will help mitigate food inflation, provide relief to public

Closes at Rs172.78 against greenback owing to uncertainty about IMF talks

Says Islamabad has put Tehran in Category C that hinders flights, trade

Surge reflects revival of global investor confidence in Pakistan’s economy

Asks Japanese firms to take benefit of business-friendly environment

Minister reveals cotton supply has surged 94% to 5.2 million bales

Failure of ministries/divisions to hire people on vacant positions upsets cabinet

Benchmark KSE-100 index drops 192.08 points to settle at 44,629.45

Easing restrictions around the world are likely to help the recovery in fuel consumption

Falls to Rs173.2 against dollar in inter-bank market

Investors may be reluctant to invest in oil refineries due to impact of pandemic, shift to EVs

Steps taken to limit spread of Covid-19 have pushed more into ranks of poor

Pakistan’s petrol consumption rose from 12,500 bpd in 1980 to 195,000 bpd in 2021

Every new govt resorts to criticising the past one for the mess

Priorities need to be shifted away from election, towards catching up with peers

Top five Wall Street banks made additional $51b in trading revenues

Oil prices in Pakistan were cheaper than the rest of the region and the world

Seek formation of committee at border to facilitate real-time resolution of issues

Beijing allowed imports from 7 more rice units, taking total number of firms to 53

Robust remittances, rising exports, surge in agri output will support economy

Exemption granted due to backwardness of tribal districts

Say freezing of bank accounts will create trust deficit, reduce investment

Surge comes in wake of improving economic activities post-Covid lockdowns

Farmers are offered a subsidy on recommended varieties of seeds

Industry adopts advanced PV modules made by Chinese enterprise

Demand review of strategies being pursued by economic managers

KSE-100 rises 344 points as repayment of $1b foreign debt revived investor interest

Despite double-digit growth in Aug, LSM index remains far below pre-Covid levels

FBR faces choice of going after non-filers or cancelling their registration

Increase driven by likelihood US regulators will allow exchange-traded fund for Bitcoin

The index for the group stood at 170.22 points

The rupee has maintained its downturn

Demand has picked up with the recovery from the Covid-19 pandemic

Finance minister says fiscal reforms helped improve tax-to-GDP ratio

Schemes will add 11.7 MAF of water, 9,000 MW of power

Minister says policy will resolve issues faced by steel industry