Business

Drops to Rs161.48 in inter-bank market due to higher foreign currency outflow

Consistent increase in international scrap prices makes steel costly in Pakistan

Takes first major step towards sale of country's largest industrial unit

Company will collaborate with MOL Pakistan to jointly perform exploration activities

“Reforms will be introduced after taking input from all the relevant stakeholders”

Benchmark KSE-100 index rises 38.93 points to settle at 47,873.26

Crude producers reached deal to increase oil supply from August to cool prices

Analyst says chances of broader lockdowns are growing amid Covid-19 surge

Unchecked rise in population can nullify efforts to bring millions out of poverty

Prices in Pakistan remain lower when compared with region and elsewhere

Improved current account, forex reserves provides room to boost investment, exports

Exports and imports grow significantly; remittances help bridge trade gap

Increasing private sector credit is imperative to improve business confidence

OPEC+ plans new output policy

China plans cross-border payments

Rises 7% on back of pickup in economic activity, industrial power package

Govt will disburse Rs1.6tr in next three years to uplift under-privileged population

Faisalabad-based fintech aims to create financial ecosystem for informal sector

Many companies are making heavy investment to ramp up business

Concerns over fourth wave of Covid-19 hinder market from posting exorbitant gains

Minister urges scientists to develop seeds that can increase production, utilise less water

Dawood says PM’s visit to Uzbekistan was successful and 71 agreements were signed

With Chinese assistance, 300 tons of chilli has been cultivated in Lahore

CGGC says high officials rejected its decision of suspending the employment contract

Asks relevant authorities to take action against people engaged in profiteering, hoarding

Toyota Yaris makes an exceptional comeback with thumping sales post lockdown

SPI increases 0.41%

Rupee weakens against dollar

Says Pakistan can import cheap electricity, gas from Iran to cut business cost

Amounts to just $1.85b due to travel disruption caused by Covid-19 pandemic

Stresses implementation of conventions on human and labour rights to retain GSP Plus status

Hammad Azhar says development came on back of success of DIRBS

SBP report expects agriculture, industries and services sectors to perform well

Oil edges up but on track for weekly drop

Company’s public offer expected to launch in coming months

Country moves to bring digital currency out of dark

Benchmark KSE-100 index rises 206.07 points to settle at 47,834.33

Expectations of more supply put pressure on crude market

Closes at Rs159.3 in the inter-bank market

Brent crude drops 66 cents

Member countries failed to reach agreement before end of 2020

Central bank cites no reason for decrease

Also allows renegotiating deal with IPPs in light of NAB’s advice on Nishat case

Facility will eliminate barriers to company registration, other processes

Want to enter into joint ventures with Pakistani counterparts

SBP governor informs prime minister on unprecedented growth in housing finance

Assures envoy of all-out support to facilitate trade between both countries

Calls for rescheduling existing bank loans issued to farmers, disbursement of fresh loans

FGPMA will own, manage and operate state-owned assets to generate revenue

Benchmark index advances 0.29% to settle at 47,628.26