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Government shelves CAA DG hiring plan
Decides to appoint two directors general for separate entities
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Bank deposits grow 20% to Rs16.66tr
Deposits are mainly used to meet govt financing needs; private sector lags behind
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Market watch: KSE-100 rallies over US election clarity
Benchmark index rises 789.34 points to settle at 41,071.3
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Oil drops as US election uncertainty dominates markets
Court battle over results can cause additional uncertainty in crude market
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Foreign exchange: SBP reserves rise $61m to $12.2b
Central bank gives no reason for increase in reserves
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Centre, Sindh fail to break wheat price impasse
Province wants rate increased by 43%
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Oil rises amid US election
Brent crude was up by 51 cents
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Rupee strengthens against dollar
IMF has asked Pakistan to end state control of the rupee
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Cement sales touch record peak in October
Mills dispatch 5.7 million tons to consumers
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PTI refers funds transfer case to FIA
Amount of Rs80b earmarked for PSO was diverted to Nandipur project
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Chinese help sought for fruit export
PCJCCI plans to invite Chinese teams for exploring Pakistan’s fruit sector
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POL sales hit two-year high
Growth in Oct sales comes on back of revival of economic activities
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ECC forms panel to settle debt
Committee formed in wake of warning of disruption to power, gas supply
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Pak-China working group reviews progress
Agrees to monitor pace of project implementation to meet deadlines
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Government unveils Rolling Spectrum Strategy 2020-23
Master plan provides roadmap for spectrum allocation, policy reviews
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Research vital to support trade
Speaker stresses closer interaction between evidence users and producers
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Oil rises after Trump falsely claims victory in election
Claim viewed as bullish for oil because of Iran sanctions, support for OPEC oil cuts
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Market watch: Bourse drifts lower amid profit-booking
Benchmark KSE-100 index drops 198.92 points to settle at 40,281.96
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Focus on computer industry stressed
ICCI President said the computer industry would bring billions of dollars to the country through exports
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SPI increases 1.38%
The SPI for the combined income group rose 9.68%
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‘Value addition key to boosting exports to China’
Consul general urges exporters to focus on China’s Yangtze River Delta region
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Rupee hits six-month high, stands below 160
Pakistani currency has so far regained Rs8.47 or 5% in past two months
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Industry for early resolution of tax issues
Says FBR imposing fines on retailers for not installing Point of Sales system
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Ministry suggests options to settle debt
Petroleum Division proposes issuance of Sukuk, other measures to eliminate circular debt
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Pakistan’s exports fail to pick up
Trade deficit narrows due to dip in imports as exports remain almost flat
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Companies at PSX post record high profit
Earnings of firms included in KSE-100 rise 51.6% quarter-on-quarter
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China suspends Ant Group’s $37b IPO
Move to thwart world’s largest IPO leaves investors scrambling for answers
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Cotton shortfall points to chronic woes
Textile insiders say more investment in research can reverse decline in local production
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Pakistan urged to boost trade with Belgium
Official says Islamabad can use Brussels as depository to export to other European countries
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Oil prices extend rally on US election day
Concern over surging coronavirus cases around the world caps further gains
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ADB, Pakistan sign $2m grant agreement to combat Covid-19
Grant will help provide life-saving medical supplies, diagnostic and laboratory facilities among other equipment
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Market watch: Stocks surge in remarkable comeback
Benchmark KSE-100 index rises 1,368.7 points to settle at 40,480.88
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Banks cut Europe’s growth outlook
Prime Minister Boris Johnson ordered England back into a national lockdown
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Banking complaints rise amid Covid
The Banking Mohtasib protects interest of depositors and ensures that banks comply with the prescribed rules
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Rupee strengthens against dollar
SBP let the rupee depreciate massively in the inter-bank market after finalisation of an agreement with IMF
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Punjab’s October revenue collection grows 24%
PRA’s receipts rise despite negative impact of Covid-19 on economy
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ECC indecisive on tariff for industries
Decides to move case before cabinet for final decision
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Cabinet voices concern over lack of reliable data
Blames slow and risk-averse decision-making for wheat stock depletion
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Tyre sales soar as govt curbs illicit trade
Company in talks with govt for duty hike on tyre imports to gain level playing field
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Inflation rises 8.91% in October
Reading at higher level on back of supply-side shocks in food items
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Oil falls on fresh lockdowns, US poll uncertainty
Countries across Europe reimpose restrictions to try to slow Covid-19 infection rates
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Govt has no plan to expand SCO operations
Minister says focus is on improving IT services in underserved areas
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Kiev ready to transfer technology
Envoy calls for using military cooperation for enhancing bilateral trade
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Market watch: KSE-100 nosedives as lockdown fear spreads
Benchmark index falls 775.82 points to settle at 39,112.18
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Oil falls on widening lockdowns, US poll uncertainty
Countries across Europe reimpose restrictions to try to slow Covid-19 infection rates
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Pandemic-related trade challenges
Country should sustain rise in remittances, push for economic growth revival
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Lack of unity hurts growth
Rift between Centre, Sindh restricts Karachi’s development and progress
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SEZs development: challenges abound
Developers decry duplication of role of state agencies, lengthy approval processes
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Policy initiatives for loss-making PSEs
Govt works on plan to run these units in partnership with private sector
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Economic potential and priorities
There is missing link between incentives and efficiency, output, job creation











































