Business

Summary submitted for approval of a candidate for post of OGRA member oil

Loan will help develop capital market, encourage private sector investment

Steel-maker to manufacture refined low-carbon billets to cut reliance on imports

Fall armyworm damaging crops, causing farmers huge losses

Franco-Dutch group faces higher duties in both home markets

Bank was sold for Rs1,000, causing huge losses to exchequer and shareholders

Benchmark KSE-100 index sinks 960.28 points to settle at 40,740.95

Crude prices on track for first monthly fall since April

Pakistan needs to comprehensively review its trade facilities, processes to reduce volatility

Developing states refuse to open up protected sectors until developed nations do

Commercial weapons deployed by US, China involve different tactics

Odds stacking against Pakistan that may reverse all the earlier gains

Accepting negotiated settlement to dispute may be the best option

NEPRA mulls revoking KE’s monopoly to allow entry of new players into the market

Average prices of 22 items rose in a selected basket of goods

FPCCI chief says overseas Pakistanis can play pivotal role in improving economy

Industry players expect production to increase around 800,000 units

Will suffer loss if power plants stop 66% guaranteed LNG offtake

Automaker expected to post loss of 360b yen in financial year to March 2021

Port authorities take 3-4 months to clear raw material coming from India

Suits challenge escalation of trade war through imposition of further tariffs

FX regulator says it will conform to global rules to promote further integration

Index drops 804 points as concerns over second coronavirus wave mount

CCP did not name JDW but a commission official disclosed that the raid was conducted on the head office of the group

Money was sucked out of sectors which have been beneficiaries of the rebound in the wake of the Covid-19 March crash

The committee vowed to take up this matter in the next scheduled meeting for the redressal of grievances

The rupee strengthened against the dollar at Rs165.79

Say traders play vital role in raw material supply to local, export-oriented industries

Request comes as low gas pressure hits generation, leading to outages in Karachi

Suggest govt can run DISCOs under public-private partnership as well to overcome outages

Food security minister stresses use of modern technology to boost output

Will support Pakistan’s transition to renewable energy resources

IT expert says regulations not conducive enough to attract foreign investment

Insist government should wind up the fertiliser company

Security Papers posts record profit of Rs1.27 billion in fiscal year 2019-20

Benchmark KSE-100 index decreases 105.14 points to settle at 41,701.23

Consumers will have to bear a burden of Rs164.87b if govt approves power regulator’s tariff

Consumers will have to bear a burden of Rs164.87b if govt approves power regulator’s tariff

Govt aims to secure Rs836b in savings over next 28 years

Lack of data has made the investigation very difficult for Federal Board of Revenue

Volvo notched a sixth straight annual sales record in 2019, of more than 700,000 cars

Boosting yields: LCCI chief urges focus on R&D

Ministry of Commerce provides platform to create linkages between the public and private sector

IMF has asked Pakistan to end state control of the rupee

Islamabad, Beijing to ink MoU for ICT promotion

Petroleum Minister Omar Ayub cites absence of weighted average price as reason behind the hike

State Bank of Pakistan aims to support manufacturing, industrial sectors to further enhance their capacity

PTI govt faces tough road in translating improvement in indicators to actual progress

IMF official cites better-than-anticipated data from China, other advanced economies

Stresses value-addition to exploit full potential of market access under GSP Plus