Business

KSE-100 index rises 796.10 points, settles at 63,799.02

Will monitor upcoming elections; pending economic reforms, IMF loan are key determinants

Raises limit on withdrawal from escrow account

Strong demand fuelled by quality, trade advantages

Allows raise in tariffs for consumers of SNGPL, SSGC respectively by 35.13% and 8.57%

Boeing has to do more work on about 50 undelivered airplanes

Call for master plan as deteriorating infrastructure hinders economic growth

US pledge to continue air strikes in ME keeps tensions high

Says fiscal policy be aligned with long-term industrial and trade policies

Tyre dealers call for intervention to protect consumers, boost local industry growth

Anticipates moderate growth in US and eurozone

Govt fails to finalise mechanism for delivery of urea as dealers fleece growers

Trade, Industry leaders warn a weak, coalition govt might worsen economy

PML-N, PPP fail to articulate business, people-friendly tax policy in manifestos

Inviting Chinese manufacturers, nurturing local EV ecosystem can position Pakistan on global map

Digital arms producers are now considered mainstream defence contractors in 2024

New govt should come out with all guns blazing to tackle challenges

Supporters call for more customised benchmark aligning with unique requirements and values

Plan will increase burden on consumers using over 400 units by 41% or Rs22 billion

Express interest in learning from Pakistan’s economic experiences

Ministerial group cites challenges, risks in circular debt-plagued power sect

BI raised key policy rate by 250 basis points from Aug 2022 to Oct 2023

KSE-100 index lost 810 points, or 1.3% WoW, settles at 63,002.92

Smoothing of Pak-Afghan trade which recently halted for ten days over conditions of visas by truck drivers

Sheikh says it was longstanding demand for complete digitalisation, transparency of FBR operations

Favourable weather, govt support drive growth, but rising costs pose challenges

Stable prices, reduced interest rates forecasted to drive demand

Akhtar to head implementation committee, 72 hours deadline for legal package

$6.4 billion cut in deficit now equals 78% of existing foreign exchange reserves

CG shows interest in increasing engagements with businessmen

Summary sent to cabinet for formal approval of MD’s appointment

Criticise govt for maintaining maximum limit of Rs60 per litre in petroleum levy

Power consumers to bear burden of approximately Rs33.88b, along with 18% GST

KSE-100 index rises 609.18 points, settles at 63,002.92

Currency remains on winning streak for 4th straight day

Local cement despatches account for 2.967 MT, showing decline of 17.30%

Despite persistent elevation, this marks second consecutive week of downturn

Report highlights that decline in recovery of bills has exacerbated crisis

Jan inflation stands high at 28.3%, in line with finance ministry’s projection

Challenges short-term business confidence, despite promising medium-to-long-term outlook

KSE-100 index rises 414.56 points, settles at 62,393.74

Despite outflows due to foreign debt repayment, the reserves remain robust

Present recommendations to 2024 government, advocate for consistent industrial policy

Trade gap contracts nearly $8b in first seven months of FY24

Govt backtracks; agrees to making principal, interest payments from budget

270+ customers and 150+ suppliers worldwide place the Group at the forefront of international trade

Diesel rate also goes up by Rs2.75 for Feb 1-5 fortnight

Finance ministry conceals critical information, violates fiscal laws

With uptick, currency has cumulatively surged 9.87%

Liberalisation sparks confidence amid forex reserves surge, traders eye greenback surge