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OICCI proposes WHT waiver
Says majority of telecom users fall below tax limit
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Rupee’s downtrend continues
The rupee had been on the downtrend since hitting 22-month high of Rs152.27 in May 2021
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Oil jumps 4% on tight supply
US crude output inched up 100,000 barrels per day
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Rs4.99 per unit tariff increase sought for Feb
Hike demanded on account of fuel cost adjustment
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US stocks slip as optimism wanes
Worries about the fallout of nearly five-week long invasion and rising rates have put Wall Street indexes on course
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Market watch: Stocks fall in volatile trading
Benchmark KSE-100 index sheds 101.14 points to settle at 44,337.56
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Pakistan eyes China to boost potato industry
Envoy says Islamabad ranks among largest potato producers in world
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Bulgarian envoy stresses enhancing two-way trade
Highlights it can be achieved through economic diplomacy
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Chinese home appliances brand enters Pakistan
Consul general says new assembly line will lead to import substitution, cut trade deficit
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Senate body discusses steel price hike
Rates surge 100% as a quarter of industry suspends production
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Oil drops $3 on positive signals from Russia-Ukraine peace talks
Russia promises to scale down its military operations around Kyiv
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Rupee depreciation hits industrial sector
Businessmen concerned over hike in raw material prices
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Govt probes mega energy projects
Wants to assess compliance of schemes with environmental studies
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Political instability can derail economy
Citing a report in a statement on Tuesday, he expressed grave concerns over the growing risks for economy
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Experts for gauging street economy contribution
Pakistan has large street economy run by individuals, micro-enterprises
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Rupee at new historic low
The SBP has injected $1.2 billion into the inter-bank market to defend the rupee
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More capital market reforms on the cards
SBP governor vows to work with SECP for market support
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Market watch: Bulls toss KSE-100 above 44,000 points
Benchmark index soars 505.14 points to settle at 44,438.7
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Oil drops $6 on positive signals from Russia-Ukraine peace talks
Fresh lockdowns in China to curb Covid cases pressurised prices
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Yarn makers demand cut in taxes, duties
Say industry can export polyester textured yarn to international markets
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Sindh vows to resolve environmental issues
Official says modern technology being used to eliminate pollution
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Inflationary, external risks adding to macroeconomic imbalances
Finance ministry predicts inflation will remain in double digits for some time
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ADB to give $300m for capital market development
Financing will help govt create fiscal space through uptick in revenue collection
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Tarin calls for stopping fertiliser smuggling
Directs FBR to take immediate action to ensure price stability
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Chinese firm offers to help in 5G rollout
Believes support will prove vital for swift 5G deployment across Pakistan
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No respite for falling rupee
Currency slips past Rs182 against dollar for first time in history
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Policy loans adding to country’s debt
Experts say billions of dollars linked with lenders’ policy advice going down the drain
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Market watch: Stocks rally amid clarity on political front
Benchmark KSE-100 index surges 382.41 points to settle at 43,933.56
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Oil slides on concerns of weaker Chinese demand
Oil slides on concerns of weaker Chinese demand
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Fix the house for Naya Pakistan
Country needs to accelerate efforts to avoid falling into low growth and debt trap
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BP to infuse £1b in British EV charging
Investment will help meet growing demand for greener power
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Framing viable trade strategy in national interest
Govt must facilitate exports, ensure its policies result in sustainable growth
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COP26: the oil and gas predicament
Alternative energy should be maximised as it can be good route to self-reliance
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Literature and economy
Promotion of literature has direct bearing on economic wellbeing, nation’s growth
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Argentina to receive $9.7b under $44b debt deal: IMF
Agreement allows country to continue strong economic recovery that it is experiencing
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US investors shift to safe havens amid volatility
Geopolitical uncertainty, worries over hawkish Fed rock asset prices
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Rosy outlook for mulberry trade
Chinese seeds, technologies are helping Pakistan elevate exports
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Sorghum cooperation to enter CPEC
Multi-purpose crop can contribute to Pakistan’s food security
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KSE-100 recovers in short trading week
Plunge in current account deficit, resolution of Reko Diq dispute fuel bullish momentum
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Moscow Exchange to resume trading
On Friday, stocks fell on their second day of trading
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Sindh to move against WACOG bill
Provincial govt says centre failed to take it into confidence before passing law
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FBR’s track and trace system achieves major milestone
Authority completes implementation of mechanism on sugar mills
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Private sector loans tick up
Govt, SBP’s focus on economic activities encourage businesses to expand
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Partnership to boost green energy
Chinese companies were ready to operate in the energy sector of Pakistan
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SPI increases 1.1%
The index for the group stood at 179.37 points against 177.17 points in the previous week
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Kyrgyzstan keen to begin transit trade through Pakistan
Envoy invites local investors to pour money in Bishkek
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Indonesia to help expand trade
Envoy suggests Pakistan can tap ASEAN market through Jakarta
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Rupee hits new low at 181.78
It was an all-time low value for the local currency
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SECP chairman regrets low infrastructure spending
Says it is one of the lowest in region
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Oil prices up, rebound after attack on Aramco facility
Both benchmarks heading for their first weekly gain in three weeks