Business

Benchmark index slips 17.96 points to settle at 34,034.65

The leading lender expects global output to shrink by 4.9%, compared with a 3.0% contraction predicted in April

Investors flee to safe haven assets on fears of second wave of coronavirus infections

Rising number of cases in US, China, Latin America and India unnerve investors

Squabbling among the ministries affects utilisation of funds

Trade body says expected plunge better than worst-case scenario

Tech-heavy Nasdaq on course to hit second straight record high

Industry players caution investment of billions of rupees at stake

Chinese clients more than satisfied with stone texture; willing to import more products from Pakistan

People hoard cash or park money in deposits to safeguard against job losses

Currency plunges Rs1.07 to two-and-a-half month low against US dollar

Farmers call for fixing minimum price, providing quality seeds to meet objective

Governor Baqir chairs meeting, discusses housing projects and way forward

Regulator decides to defer decision on increase in power tariff

Govt shows document to legislators which offers tax concessions to all

Opposition members demand allocations for agriculture sector, raise in salaries, pensions

Directs chief secretaries to ensure zero tolerance for smuggling and hoarding

Markets were earlier unsettled after White House adviser said deal was over

Benchmark index jumps 314.69 points to settle at 34,052.61

State Dept report says govt published limited information on debt obligations

Surge comes after investors move capital from falling global currencies

Budgets for all four provinces are out and it seems that they have done a much better job than the federal government

In Canada and the United States, the number of operating oil and natural gas rigs fell to a record low last week

Commerce secretary for making constructive changes in old business models

Discontinues agreement with joint venture firm pushing 300mt out of system

Says provision of furnace oil has been suspended for past several weeks

Member Customs orders shipping companies to work on Saturday

ECC eases borrowing limits for provinces by up to 167% to meet expenditures

Fertiliser industry players warn hike in gas tariff will hit agriculture sector

Budget made on assumption economy will recover from Oct 1, Senate panel told

Benchmark index jumps 298.97 points to settle at 33,737.92

Precious metal prices have risen 15% so far this year amid fears of economic slowdown

Growing cases can stall recovery in fuel demand, outweighing tighter supplies

Badini complained of lack of the provincial government’s willingness to address the issues faced by transporters

Locusts Emergency and Food Security Project to be submitted in upcoming CDWP meeting

PC eyes disinvesting Heavy Electrical Complex (HEC) and two RLNG plants in second quarter of this fiscal

Authorities can't probe Justice Isa's wife especially if she is not dependent on her husband

Non-development expenses should be reduced instead of development expenditure

Best thing under pandemic is to reduce risks to savings by playing safe

Govt should withdraw from commercial role like support price, export subsidy and quota

Pakistan’s situation calls for out-of-the-box policy recommendations to tackle situation

Importance of supply chain management grows due to global competition, outsourcing initiatives

Premiums of $0.8 an ounce were being charged in Singapore

Envoy urges entrepreneurs to collaborate with Canadian counterparts

Aims to deploy 8,500 electronic devices like POS at retail outlets by end of Dec 2020

Benchmark KSE-100 index decreases 3.4% as investors express dismay

Industry stakeholders say insects have destroyed crops in country’s 54 districts

Economic affairs ministry puts utilisation at only $768m during July-April FY20

Italian firm faces dip in profit margins due to volatile oil prices since Covid outbreak

CCOE forms committee to review incentives for fuel supply to remote areas