Business

Benchmark index gains 100.17 points to settle at 40,471.48

Also recommends up to 24% increase in diesel rates to be implemented from Jan 1

Cryptocurrencies are not legal tender and have no regulatory permission or protection in the country

Oil prices in the international market are on the rise

Punjab and the IFC had partnered to promote sustainable private sector investment

Market rumours suggest the move is part of IMF’s conditions for another bailout package

Arab country provides Pakistan gateway to GCC countries.

The 969-megawatt (MW) Neelum-Jhelum Hydropower Project is in its final stage of completion

Says Chinese city with scores of innovative companies offers many opportunities.

Consumers using up to 300 units per month, K-Electric customers excluded from benefit.

Increased demand due to spurring construction activities and strong regional price of PVS motivate decision.

Month-on-month sale rose 37% due to onset of Rabi season and subsidy package.

Shaheen Air chairman says it will help expand operations of all airlines.

Amnesty scheme under study for offshore assets; govt may present its 6th budget.

Decrease attributed to external debt servicing and other official payments

Benchmark index gains 224.58 points at 40,371.31

Consumers using up to 300 units per month and K-Electric customers excluded from benefit

The extension comes as automakers in China brace to meet strict NEV quotas starting in 2019

LCCI chief says opening formal banking channels and direct flights will help

Policy will help regulate and provide quality medical devices to people

The rupee strengthened against the dollar at Rs110.2/110.4 in the inter-bank market on Wednesday

'Resources of FATA should be tapped without any delay so that the local population could get jobs'

Complete monitoring of crushing season is being ensured to provide maximum facilities for growers

The SITE area branch takes Al Meezan's tally of branches to 17 in ten major cities

Ginneries had sufficient stock of cotton lint so there was no justification to import the commodity from India

ICCI chief urges investors to become front runners in clean technology investments

Move will take away relief of billions of rupees from gas consumers

Terms correct the price of $3.8 per unit received by Dewan Petroleum

Cases include the one in which Dubai-based Etisalat owes Rs81.3 billion

Urges banks to improve access to capital after introduction of new policy

While adopting is slow, CEO believes the retail sector would make way for online shopping

Benchmark index crosses 40,000 barrier with 1.57% increase

10.68 million bales of cotton have been converted into bales so far

It started in 2015 and has been completed in less than three years

State Bank of Pakistan has maintained that the slide in the rupee’s value is due to supply and demand

Conducted locally by international trainers from world renowned energy certifying institute of USA

Indus Sugar Mills General Manager Sanaullah Niazi has been directed to ensure payments of sugarcane

Incubator says companies with innovative initiatives rather than services will be preferred

Runs at the designed capacity of 600mmcfd

Ora Developers chairman says country needs a revolution in real estate

Swabi-based petitioner accuses companies of lobbying at the expense of public health

Political dust will settle and economy is likely to enter high-growth phase

Doubles the number of securities eligible for financing under the Margin Trading System

Former BoI chief replaces Dar, promises to address deficit issues, encourage return of foreign wealth

Govt launches mobile app named Roshan Pakistan to give consumers access to vital data

Benchmark index rises 54.86 points to end at 39,525.75

DG says preliminary design of project was in process and hopefully the design would be finalised in 3-4 weeks

He emphasised the need to end ‘the step-motherly treatment’ which was causing hardship to the sector

China will promote application and implementation of its national standards including the 5G technology

Asks exporters to focus on non-traditional partners for boosting exports