Business

Says hiring is result of invitation from finance minister to help government broaden tax net

Reduction in price will not apply to K-E, lifeline consumers

Benchmark KSE-100 index dips 257.04 points to settle at 47,055.29

Both benchmark contracts are headed for gains of around 2% for the week

Oil rises on inventory drawdowns

PM aide for diversifying trade

Rupee strengthens against dollar

Says availability of cars at affordable rates is top priority

Rebound witnessed on back of rise in sales, other income

Minister stresses need for setting up accessible charging infrastructure network

Central bank cites no reason for decrease

TDAP official shares plans to promote Pakistan’s trade through various initiatives

Estimate is based on assumption that IMF programme will continue

Say it will lead to development of foreign investment ecosystem, international trade

Asian markets rally after Fed meeting

Rise in other income, drop in finance cost steer increase in earnings

Cabinet members express reservations about his past performance

Benchmark KSE-100 index inches down 5.7 points to settle at 47,312.33

Central bank cites no reason for decrease

Prices receive support from Iran blaming US for pausing nuclear talks

Volkswagen agrees $3b tender offer

Envoy cites agriculture, pharmaceutical, tourism as potential areas of cooperation

Rupee weakens against dollar

Says higher wages will affect cost of manufacturing of export industries

Baqir said financial institutions have disbursed Rs5.8b so far

Express some concern over street crimes in Karachi, other cities

May promulgate presidential ordinance to hand over record of 3m taxpayers

Study finds high productivity can increase US economic output by $160b per year

Committee chief says staff of distribution firms is complicit in this activity

Rejects CPPA-G petition to raise tariff under monthly fuel cost adjustment

Benchmark index dives 368.96 points to settle at 47,318.03

Crude oil has risen 44% this year helped by demand recovery and supply curbs by OPEC+

Decides to auction spectrum in line with past practice by end of Sept 2021

Projects spike in imports, current account deficit and drop in remittances

Warns disparities between nations are widening as developing countries fall behind

Maintains status quo to keep cost of borrowing at lower level, push growth

Finance minister’s close associate has been assigned task of integrating 500,000 POS with FBR system

PHMA chief coordinator demands restoration of zero-rating facility for textile sector

NA panel grills commerce ministry over absence of secretary

Brent futures rose 5 cents, or 0.1%, to $74.55 a barrel

Closes at Rs161.32 in the inter-bank market

Benchmark index edges up 14.31 points to settle at 47,686.99

Prices held ground even after US issued travel warnings to Spain, Portugal due to rising virus cases

Announcement in line with market expectations

Small segment expects central bank to raise policy rate by 25-50bps in today’s meeting

Blocks move to investigate low tax recovery in offshore asset cases

Files petition with Nepra for 80 paisa increase under fuel cost adjustment

Resumption of inflow of remittances, export earnings lends support to local currency

Plans to introduce its first SUV Chery Tiggo 8 in September

Funding will help create jobs, improve resource efficiency and drive economic growth