Business

With tapering of asset purchases, dollar will rise further vs major currencies

Pakistan has been unable to improve management of water and data resources

Govt collects one-third of import taxes from petroleum, cooking oil products

Power Division will hold internal inquiry and submit report to CDWP within three months

Minister says it will create jobs, enhance capacity of export-oriented enterprises

Some analysts expect increase in policy rate

Investors expect worsening of economic cues, inflationary pressure

World’s second-biggest economy looks to boost economic clout

Four countries will ascertain semiconductor supply capacities

Reservations about deemed duty collection delayed clear go-ahead

Scheme will help reduce gender gap in financial inclusion, improve women’s access to financial services

SPI for combined income group rose 14.33% compared to the corresponding week of previous year

Finja had earlier become the first fintech to receive approval for the licence

The SBP injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year 2021-22

Privatisation minister says leadership working to turn SOEs into profit-making entities

Government plans to hire commercial banks through competitive bidding

Envoy says cooperation with Indonesia will provide easy access to bloc’s economies

Global travel curbs prevent investors from visiting Pakistan for investment purposes

Country witnesses steep rise in deficit for second time in three months

Investment expected to strengthen economic ties between two countries

Shipments of textile goods rise just 2% due to high freight charges, port congestions

Petroleum Division proposes revision in tariffs for domestic consumers during winter

Benchmark index loses 284.38 points to settle at 46,636.08

Brent on track for weekly gain of over 3% owing to slow recovery in output

In late August, forex reserves had soared to all-time high of $20.1b

Underlines need for consensus between centre and provinces on tax matters

IMF asked Pakistan to end state control of rupee and let currency move freely to find equilibrium

Policy will help detect, timely respond to threats against country’s digital ecosystem

Food minister says govt is taking measures to boost crop’s output

Addresses business forum during visit to Tajikistan

SSGC MD says activation of LNG terminal-III will help end gas shortage

Stakeholders term the fair opportunity for Pakistan to deepen global trade ties

Official terms it high time for change at global trade body

Directs SAPM on CPEC affairs to step-up completion of projects under construction

Benchmark index rises 203.74 points to settle at 46,920.46

US Gulf energy companies restore pipeline service quickly after Hurricane Nicholas passed

Closes at 169.11 in inter-bank, 170.6 in open market

Company CEO tells Senate body it is producing 1,700MW from its own plants

Directs FBR to devise strategy to ensure measurable impact on prices in domestic markets

With minimum documentation requirements

Brent crude rose $2.12, or 2.9%, to $75.72 a barrel

Both govts are scheduled to sign MoUs, business-to-business deals

A number of productive business-to-business meetings were held in Karachi and Islamabad

He was speaking at the spectrum auction for next generation mobile services

Fails to bring improvement in financial condition of national flag carrier

Overall negative growth seen in production by industries

Benchmark index sheds 0.37% to settle at 46,716.72

Benchmarks gain support from expectations that demand will rise as vaccination roll-outs widen

Fresh decline comes day after currency closed at all-time low of Rs168.94

Says lack of connectivity between two countries hampering trade