Business

Benchmark index ends 2.6% down week-on-week, settles near 41,300

Says better governance, corruption control will help improve food security

Urdubit.com witnesses surge in traffic

May take dispute to Supreme Court for settlement

Elon Musk says Tesla Semi will now be unveiled on Nov 16

Company last month announced a partnership with Mazda to develop electric vehicles

The flagship carrier has already stopped bookings for US-bound flights

CEO admits ambitions do not match company’s valuation by financial analysts

Creditors, landlords and vendors provide respite

Identifies low commodities prices, weak demand and below target inflation as stifling factors

Asks govt to take immediate steps to arrest growing imports

Opposes curbs on import of necessary raw material and machinery

Overall, the committee approves nine schemes worth Rs310b

Govt also eases condition for exporters seeking incentives under PM’s Rs180b package

Real estate sector facing problems due to imposition of heavy taxes

Move comes as country looks to promote tourism and revive national airline

Findings were made by a division of Financial Times to determine economic prospects

Benchmark index increases 2.09% to settle at 41,312.59

'Due to rapid urbanisation, fruit orchards were shrinking rapidly'

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

All calls relating to consumer grievances against banks will be entertained at this number

Both sides agree to share initial list of products for tariff relief

Zubair believes improvement in economic indicators will attract investors

Provinces’ reservations about energy bill addressed, new draft prepared

Wants to secure early financing to develop project on a fast track

PRA chief emphasises tanker operators’ tactics will not work in future

Regulator argued deregulation would provide extra money to highly profitable oil industry

It accuses SBP officials of giving undue favour to BankIslami

Decrease attributed to external debt servicing, other official payments

KSE-100 edges up 7.49 points to settle at 40,468 amid volatile trading

Vietnamese government reiterated its ‘un-flinching support for Pakistan’s full dialogue partnership with ASEAN

Agreement reached for annual supply of 25 to 30 million litres of high speed diesel

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

Oil barons make extra money as cheap kerosene oil is mixed with diesel

24 oil producing countries agreed in late 2016 to reduce output by around 1.8 million barrels per day

Diesel sales also rise, but furnace oil consumption falls

Work on these facilities, costing Rs1.11b, will start in current fiscal year

State minister says 11,514MW to be added to the system by June 2018

With new discovery, company’s production is likely to go up by 25%

Federal secretary pacifies stakeholders, says pending claims would be settled soon

Diesel sales also rise, but furnace oil consumption falls

Official says CPEC’s toll tax can be ‘three times more than the current national budget by 2030’

Ban was specifically placed to reduce import bill, but Cabinet Committee on Energy gives province a waiver

Tells Senate panel bank later decided not to challenge US panel to avoid risks

Benchmark KSE-100 index falls 654.78 points or 1.59% to settle at 40,461

FBR collects Rs482.2b as indirect collection, overall revenue stands at Rs757.2b

Domestic demand due to robust construction activities responsible for the increase

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

PBIF chief stresses formulating long-term policy for protecting investments

Scientists were carrying out research to increase production of high nutritional value fodder crops