Business

KSE-100 index declines 791 points and settles at 40,869

For the week, Brent fell 11.3% and WTI posted 10.8% decline, largest one-week drop since January 2016

Pakistan can provide shortest link to Central Asian Republics, China: LCCI

Turbine efficiency test was also carried out last week under the supervision of an international expert

Chief commissioner calls it practically impossible to audit 1.2 million cases

Increase reliance on NFC transfers to meet their expenditures

Speculation about further depreciation following IMF’s harsh conditions drives down the currency

Sends questionnaire to all working individuals for scrutiny

In a next-generation European battery alliance project to research, develop and build solid-state battery

Tight monetary policy, rupee depreciation increase cost of production for big industries

Embassy of Somalia Deputy Commercial Attaché also calls for easing visa process

Say this practice will aid in removing bureaucratic hurdles and sort out issues on an urgent basis

Rates rise as investors anticipate increased inflationary pressures in coming days

Says time is ripe to market fruit, which is popular in Chinese New Year festival

Funds will help promote study of advanced technologies, increase IT exports

Current expenditures grow in double digits, highlighting problematic areas of the fiscal framework

OPEC expected to start trimming output after meeting on Dec 6

Benchmark index decreases 0.01% to settle at 40,869.28

SECP’s obligations under the FATF action plan include identifying and assessing terror-financing risks

Minister says inquiry will be conducted into notices sent to small shopkeepers

Aviation secretary constitutes committee for preparing recommendations

Province charges 1.15% development cess on all LNG imports

It will have better oversight, will help turn around loss-making companies

Ufone adds the highest number of broadband users

In partnership with local dealer, German company will assemble Amarok, Transporter T-6, Caddy and Skoda

Allows import of cotton from Afghanistan to bridge shortfall

Although Saudi Arabia has released $1b, its impact will be reflected next week

Benchmark index decreases 1.32% to settle at 40,874.03

Says decision has been taken keeping in view commercial viability of the branch

Punjab Finance Minister calls the province's investment climate better than Pakistan’s

Agriculture minister says minimum price issue will be resolved soon

Stakeholders say sudden policy changes send negative signals to investors

Identifies real-time trending topics by gaining insights, conducting analysis

Tajikistan envoy says electricity will be provided to Pakistan at cheap prices

It is equipped with features like artificial intelligence, data analytics

ECC defers decision on providing $82.6m to Pakistan Poverty Alleviation Fund

Increase in interest rate will lead to a rise in NPLs of banks

Officials say 'substantive progress' has been made on the bailout package

Smuggling booms due to weak rial following crippling US sanctions

KSE-100 index increases 66.47 points or 0.16% to settle at 41,419.24

'Prime Minister Imran Khan was eager to promote Pakistan’s exports'

Says current level is around 15%, which is targeted to increase to 25% in next five years

Chamber official says local gas being supplied at tariffs equal to RLNG rates

APTMA Punjab chief questions delay in issuance of notification despite PM’s commitment

Currently, only 21% of country’s adult population is in the financial ambit

Cabinet body asks PM aide, FBR chief to meet and seek views of millers

Last month, the rupee strengthened after Saudi Arabia agreed on a $6-billion assistance package for Pakistan

Events were attended by leaders of the industry as well as the not-for-profit sector and public sector officials

Findings come three years after the country introduces some of the world's toughest legislation on issue

SBP spokesman reveals Riyadh will release another $2b in next two months