Business

Traders fear it will dent business, economic activities

Benchmark KSE-100 index rises 296.76 points to settle at 45,369.14

Analysts expect major producers to pause plans to add 400,000 bpd of supply in January

NEPRA reserves decision on fuel cost adjustment for Oct 2021

Say absence of HSFO demand forcing them to shut down plants

Receives Rs2.3 trillion largely because of higher sales tax collection at import stage

Inflation soars to 21-month high

Strong economic fundamentals, rupee stability to bolster investor confidence in PSX

Expect them to dip 35% to 300,000 tons in current season

Benchmark KSE-100 index dips 257.67 points to settle at 45,072.38

Market hopes OPEC+ will hold plans to add 400,000 bpd to supply in January

Govt bars development authorities from doing business with unregistered agents

Highest policy rate in region in Pakistan at 8.75%

SCCI president presented agenda regarding facilitation of Pak-Afghan Transit Trade through Azakhel Dry Port

Insists its policy stance is geared towards price stability, economic growth

Aims to cut power tariff, reduce fuel imports and save forex reserves

Stands at Rs176.2 against dollar in inter-bank market

Industries awaiting details to determine how variant may affect operations, profits

Traders say exports bounced back owing to favourable policies, recovery in world markets

Regrets cumulative levy on import of auto parts amounts to almost 90%

Proposes restriction on dividend payment by refineries from reserve account

Benchmark index soars 1,215.89 points to settle at 45,330.05

Friday's slide reflected fears that travel bans would hammer fuel demand

Deal will pave way for receipt of financial assistance

Time is ripe to think about building strategic reserves of energy and food

Before Omicron variant rattled markets, investors were looking at Covid in rear-view mirror

Besides managing inflation, central bank must generate growth, employment

Difficulties on country’s external front continue to mount

Country cannot afford uncompetitive export-oriented sector as economy has begun to take off

Ex-SBP chief says instead of focusing on revenues, country needs to rationalise expenditures

Delay of meeting in Geneva, concerns over Omicron variant complicate plans

Laid off thousands of workers

Xiaomi said it would commit to investing $10 billion in a new electric car division

Longer term implications of new variant for US assets unclear

Online platform founder says digital channels unlocking opportunities for women

Bank clarifies it has fixed technical glitch that credited accounts twice

Panic over IMF’s strict conditions forces players to offload stockholdings

Govt directs company to divert gas to residential areas in Sindh and Balochistan

Industry seeks govt support to identify areas in need of trained, skilled manpower

Say power sector’s reluctance to lift furnace oil will lead to reduction in petrol, diesel output

Term it proof of government’s business friendly approach

Pakistanis can now get their hands on the all-new, feature-packed PROTON SAGA

Envoy says Jakarta helping Pakistan in cultivation of palm seeds

Says rationalisation of tax incentives will lead to increase in investment

Meeting reviews urea supply to farmers, action taken against profiteers

Rupee weakened against the US dollar at Rs175.46 in the inter-bank market

Points out delay can cause loss of billions in taxes and duties

Import restrictions not a solution to external sector challenges, says ministry

Company CEO cherishes increase in auto parts localisation in country

Exports of precious and semi-precious stones to Beijing soar