Business

Brent, WTI crude contracts finished February 18% higher

Benchmark KSE-100 index drops 271.59 points to settle at 45,593.43

Envoy says businessmen should avail opportunity through joint ventures

IT minister says firms are encouraged to manufacture and assemble phones

Trading remains jittery as investors opt for caution

Prospects of gradual restoration of trade increase after deal to maintain peace

Output drops due to depletion of reserves, no big find in a decade

Auto parts body asks govt for import deletion of industrial parts through PPP

European officials request bank to expand its climate change strategy, phase out natural gas projects

Say new LNG deal with Qatar will ease pressure, resolve shortage

SoftBank reaches deal with Neumann

Airlines seek White House support

Finance ministry expects low inflation, strong growth in second half of FY21

Sharp rise in net sales, other income fuels increase in earnings

Planning minister hopes policy will help maintain current textile boom

LCCI president says crop demandproduction gap hitting allied industries, economy

Textile exporters lament steep rise in cotton prices to Rs12,000 per maund

During week, average prices of 25 items rose, prices of five commodities fell

Surge comes on back of rupee depreciation, drop in finance cost

Drastic cut in cost of oil and gas exploration activities drives growth

IT minister says government aims to increase IT exports to $5b by 2023

Businessmen call for reducing communication gap between industrialists, FBR

Expresses concern over use of expensive furnace oil

Energy ministry suggests stopping work on foreign-funded unit-II of Jamshoro plant

Collection was to be made till start of commercial operation but WAPDA continued to receive it

Rise in sales comes on back of low urea offtake last year

Stress need for encouraging overseas Pakistanis to invest in country

Central bank cites no reason for increase

The rupee strengthened against the US dollar at Rs158.46 in the inter-bank market

Both sides agreed to launch a joint venture to encourage local investors to make investment in potential sectors

Sell-off in bond markets lifted US dollar, making oil more expensive for holders of other currencies

Benchmark index sheds 100.61 points to settle at 45,865.02

Proposal seeks tax cut on EPC supply contract for Kohala, Azad Pattan projects

Plunge in other income drives the drop in earnings

Urge telecom regulator to look into the matter

Better coordination between public, private sectors needed to resolve issues

Loans include $500m taken from China last month to support forex reserves

Highlights lack of better connectivity between Malaysia and Pakistan as hurdle to trade

Allows non-resident Pakistanis to invest in UK pound and euro besides US dollar, rupee

Foreign currency inflows help rupee strengthen in inter-bank market

The Federal Board of Revenue will publish the Active Taxpayers’ List (ATL) for tax year 2020 on March 1, 2021

Oil prices firmed on Wednesday amid continued outages in the United States and a weaker dollar

Rise comes on back of assurance US interest rates will stay low

Central bank cites no reason for increase

Benchmark index rises 603.05 points to settle at 45,965.63

Absence of uniform mechanism hinders distribution of agri-subsidy

For the first time, over 15 new cars will be launched in a year

The world’s biggest cryptocurrency was facing its biggest daily drop in a month

Lauds newly upgraded FASTER Plus system as being quick and transparent

Report highlights inconsistency in amount claimed to be paid with annual returns