Business

Benchmark index drops 196.01 points to close at 44,863.11

Central bank cites no reason for increase

Says economy showing signs of growth, but external support needed to maintain momentum

Bonds will not be encashed or redeemed after December 31, 2021

The rupee strengthened against the US dollar at Rs153.88 in the inter-bank market

Says reduction in virus cases will help govt consider easing curbs on businesses

Minister says 660kv HVDC Matiari-Lahore project will bring stability to system

Urges Seoul to invest in Pakistan as atmosphere is conducive for investment

Will allow hands-free driving in cars equipped with lane-keeping technology

Say increase will reduce economic and health costs of tobacco consumption

Stresses need for modern beekeeping techniques to improve honey quality

Power Division sought financing to pay first instalment to power plants

Delay in commencement of shipments due to impact of climate change

Says GDP per capita of Pakistan will be negative 0.2% in FY2020-21

Benchmark KSE-100 index falls 233.75 points to close at 45,059.12

OPEC+ decided to stick to plans for phased easing of oil production curbs from May to July

CEO Jadon Niu shares his insights on what makes realme the fastest-growing smartphone brand in Pakistan

In October 2018, Saudi Arabia had announced a $6 billion bailout package for Pakistan’s ailing economy

Projects scheduled to be completed one by one from 2022 to 2028-29

The chairman briefed the finance minister about operations of K-Electric as the main power utility

Schemes include car financing for family members of overseas Pakistanis, donations via digital banking

Relief comes under phase-I of G20 Debt Service Suspension Initiative

Platform will provide opportunities of joint ventures and investment

Says provision of two fire tenders was a long-standing demand of the association

President says modern techniques will help create jobs, fetch foreign exchange

Portfolio rises from Rs148b in June 2020 to Rs202b in March 2021

Currency has dropped Rs1.75 in past two weeks in inter-bank market

Gap widens to $4.4b due to earlier underreporting of imports, loans for PSE

Finance ministry expects inflation reading to remain between 8-9.5% in April

Strong Chinese demand, tight supplies lend support to price rally

The relief has been provided under G20 debt suspension initiative to help fight Covid-19, says official statement

Benchmark KSE-100 index drops 0.85% to close at 45,292.87

Concern remains over India’s coronavirus crisis that can dent recovery in fuel demand

He apprised the high commissioner of the Ehsaas Emergency Cash programme

The rupee weakened against the US dollar at Rs154.13 in the inter-bank market

Ayub, ambassador discuss economic ties, CPEC projects

Says export-oriented sector is already getting energy supply at discounted rates

Investment expected to contribute to national exchequer, job creation

Plans to add some 20,000 jobs over next five years

Says govt should aim for stability in auto sector, rather than offering more concessions

Gives go-ahead to Hyderabad-Sukkur motorway to complete missing link

Asks ICCI to share sector-wise list of issues so efforts can be made to resolve them

PCJCCI official stresses need for forming research team to put ideas into practice

Tarin will do well by cutting down wasteful expenditures, reducing tax rates

Market focused more on India and Japan, where coronavirus cases have risen sharply

Benchmark KSE-100 index jumps 976.01 points to close at 45,682.77

With better investment climate, Chinese group hopes to set up dairy processing plant in Pakistan

New team lacks experts in agriculture, CPEC and knowledge economy

New refinery policy provides opportunity to change course through modernisation

Strategic partnership between Pakistani, Russian firms will open much-needed revenue stream