Business

Finance Division told to prepare plan for extending tenure of their loans

Benchmark index increases 195.91 points to settle at 32,033.21

US Federal Reserve to pump $2.3tr through new lending programmes

Meeting is expected to seal the deal more widely with non-OPEC countries in the group

Experts believe that the phenomenon will have cascading effects on the region’s food security

More than 1,000 exhibitors worldwide sign up for the expo

We anticipate the worst economic fallout since the Great Depression says IMF managing director

Use of broadband internet, however, jumps 15%

Urge govt to devise way out of current situation

Country makes international payments while significant inflows are in offing

Raises observations over potential candidates for post of managing director

Move aimed at lending support to prices hammered by coronavirus crisis

Aims to offset impact of deferring hike in power tariffs for six months

To revisit imported coal supply agreements in bid to cut prices

Parliamentary body told impact of pandemic greater crisis than disease itself

Benchmark index increases 2.8% to settle at 31,837.30

OPEC+ will meet later in the day with expectations growing it will agree to reduce output

Says over 170 countries will experience negative per capita income growth this year

Slowing rate of new corona infections is providing much-needed buoyancy to equities

Decline comes due to external debt repayments of $465 million

As the spread of COVID-19 slashed fuel demand sending crude prices below the cost of production

As private medical firms struggle, can go under if they tested for free without financial assistance

Govt okays increase in power tariffs to protect foreign investors

Italy, Netherlands lock horns in 16 hours of talks; negotiations to resume on Thursday

ICCI demands bailout package for virus-hit SMEs

France’s economy suffered its worst contraction during the first three months of this year since World War II

Moscow, Riyadh, others need to agree baseline for new output cuts

Global trade to fall 13-32% amid uncertain impact of health crisis

Advanced services in AJK, G-B will help people work from home, give govt billions of rupees in revenue

Lament Sindh govt taking decisions without seeking input of industrial, trade community

Advisory firm says receipts will be around Rs4tr due to closure of trade, industry

Pakistan remains in abiding solidarity with the people of Afghanistan, says FO spokesperson

Benchmark index decreases 0.83% to settle at 30,971.27

Uncertainty about the crisis and damage it will inflict on global economy keeps traders on edge

Support comes on hopes of output cuts to shore up prices that have collapsed

Plan to remove him from post of central bank BoD chairman proposed

IT Division says appointment process suspended after receipt of complaints

Closes at Rs167.9 in inter-bank market against the greenback

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) welcome the decision

Situation emerges after utility suspended physical meter reading

FCCI asks govt to finalise SOP for restart of businesses after 14th

These include optic fibre link between Karachi and Gwadar

Wholesale, retail trade expected to lay off highest number of vulnerable employees

Government adds nearly Rs6tr in one year and situation is likely to worsen

Some 1.25 billion workers are seeing their livelihoods threatened by the COVID-19 pandemic

Benchmark index increases 2.13% to settle at 31,231.55

Markets, however, lack momentum as economic crash on a scale not seen for generations looms large

Main oil producers expected to agree on output cut of 10m bpd on Thursday

The Oil and Gas Regulatory Authority has set new prices at $9.5834 per mmbtu for the consumers of SNGPL

Official says construction industry cannot move forward without steel