Business

Recommends one project costing Rs17b to ECNEC for further approval

Increase in supplies help stabilise foreign currency reserves

Increase comes due to official inflows of government

The rupee weakened against the US dollar at Rs152.59 in the inter-bank market on Monday

Oil prices edged higher on Monday, lifted by European economic reopening

Cumulative revenue impact of the decision will be over Rs2 billion

Benchmark index gains 621.64 points to close at 45,796.31

Increase comes due to official inflows of government

British economy reopened after gloom of four-month Covid-19 lockdown

Many have made digital inclusion national priority, but Pakistan plays catch-up game

Inflation may stay high due to lack of cooperation between Centre, provinces

Government will have to establish mechanism for workforce vaccination to ensure unrestricted movement

In presence of ad hocism, economy will remain in slumpflation

Policy is way beyond tweets and textile; it needs to be proactive, participative

Decision offers warning to corporate peers mulling a dabble with cryptocurrency

Utilities struggle to finance new plants to meet tougher emissions criteria

Position themselves for more unexpected kinks in road to recovery

Largest decentralised finance company raises funds with input from US institutional investors

Small firms remain mostly safe

Gains were capped by coronavirus situation in major oil consumer India

Hiring comes after nearly one year amid observations raised by Establishment Division

Decline in import of luxury cars providing level playing field for SUV makers

Economy expected to grow 2% against SBP’s earlier projection of 3% for FY21

A Xiaomi spokeswoman said the company is watching the latest developments closely, without elaborating

“Think there’s a skew to the data due to the Colonial (pipeline) outage”

FPCCI stresses need for new laws that have been stuck in parliament for 15 years

Two countries implement pilot project for goods supply via Afghanistan

Say sales revenue has dropped sharply because of restrictions

Research firm upgrades Lucky Cement, adds TRG Pakistan in global indexes

Court annuls order from bloc’s antitrust authority to recoup taxes from retail giant

Bypasses ministry to allow Punjab to undertake four development projects

Hopes that economy and demand will recover have allowed Brent to climb

Colonial Pipeline hopes to restart operations by end of week

Investors worry central banks may wind back ultra-loose policies

Company collaborates with Wise, Western Union to offer payments

New lobbying group created to press for govt chip manufacturing subsidies

Working to restore much of its operations by the end of the week

Plans to remove dollar indexation for rate of return

Default cases surged in 1QCY21 despite schemes to get loans deferred and rescheduled

WAPDA chief voices hope cheap electricity generation will stabilise tariff

PCJCCI says Beijing’s example should be followed to protect economy amid virus

PM aide praised exporters for making it possible under difficult global conditions

Funding will help develop infrastructure, hydropower projects

Tech-led global stocks sell-off also weighed on crude oil market

World’s largest exporter faces rising temperatures, erratic rainfall and insect infestations

Jumped more than 6% to just below $4,175, and was last up around 2%

Carmakers worldwide had to adjust or suspend production due to chip shortage

Pandemic-induced surge in house prices raises fears of new bubble

Both benchmarks rose more than 1% last week

Lufthansa shareholders this month approved a potential capital increase