Business

Currency edges down just Rs0.02 at Rs278.39 vs dollar

Benchmark KSE-100 index surges 692.49 points, settles at 72,051.89

Leaders highlight private sector’s role in driving growth, discuss trends in emerging markets

Call for barter trade expansion, gas pipeline resolution to fulfil needs

Secretary says govt is investing Rs100b in agriculture to modernise sector

Country head calls for spreading burden of reforms more broadly

Seven-year plan will help improve KE supply network; tariff hike not yet finalised

PSX gains more than 900 points owing to improved economic metrics

Unite against OGRA’s proposal, fear hyperinflation and mass exploitation

Pakistan receives only $9.7b in foreign loans due to poor credit ratings

KSE-100 index declines 74.06 points, settles at 71,359.41

Farmers announce nationwide protests on 25th, threaten not to harvest next crop

He emphasised the need for trading houses to facilitate the global market integration of local products

Experts agree privatisation can have snowball effect, incentivise more investors

Rupee sees cumulative drop of 0.48%, or Rs1.34, in the past four weeks

Finance minister reveals strategy for economic sovereignty at Islamabad Summit

Some financial experts believe rupee will continue to appreciate

Investors will arrive this month to discuss outsourcing of airport management

Both firms will work to develop standardised ESG data tools for PSX-listed companies

ICT services export remittances surged to $306 million in March

KSE-100 index gains 523.56 points, settles at 71,433.46

Illicit oil trade, price deregulation may put plant upgrade plans in jeopardy

Reaches $619m via economic engineering, slowdown in industrial output

NTC chief asks businessmen to send proposals for review, inclusion in budget

Import of an average of 3,000 used cars per month is currently pushing growth of local industry into negative

Will set up new company with 30k towers valued at $6.7b with annual revenues of $1.3b

Put the best people in charge and step out of their way

Economic liberalisation, rising incomes stimulate Delhi’s rapid growth

BRICS group of emerging economies strive to shift some of oil trade to other currencies

Equity securities have given better returns than investment in property in long run

Global interest rates soar, underscoring urgency for structural economic reforms

Cites Tesla obligations, impacts South Asian market entry plans

KSE-100 index adds 595 points, or 0.85% WoW, settles at 70,909.90

Economic managers ask govt to refrain from running businesses, focus on policy functions

Experts highlight poor digital infrastructure, unfavourable policies for tech as major challenges

The BOJ has brought more flexibility to its policy and may change its short-term interest rate target

Farmers claim they paid extra Rs300b for urea in 2023 due to black marketing

Trade can grow manifold if banking channels are established

Operational profits, European flight resumption mark pivot towards privatisation

MD Georgieva calls for global action as debt crisis escalates

Ministry of Health regulations threaten $20.5m Sudanese order

It is Pakistan’s programme and it is supported, assisted and funded by the IMF, says finance minister

Closes at Rs278.31/$ as reserves show stability despite debt repayment

SPI decelerates to 28.5% on back of drop in food, energy prices

Iran’s downplaying of Israeli attack brings relief to market

Benchmark KSE-100 index gains 619.79 points, settles at 70,909.90

System has been acting as safeguard against mis-invoicing, says chamber president

The project will enhance the generation capacity of the existing Mangla Hydel Power Station from 1000 MW to 1310 MW

Azerbaijan’s envoy says without participation, goals will remain unachievable

Argue preference being given to LNG imports over ramping up local production