Business

Businessmen demand reversal of 250bps hike

US West Texas Intermediate crude lost $4.33, or 4.4%, to $93.93

Energy firms under financial stress, struggle to get outstanding dues cleared

Investor speculation ends in foreign exchange market

Says economic momentum, financial inclusion boosting lending opportunities in Pakistan

SBP chief making efforts to meet conditions for remaining tranches

As political dust settles, benchmark KSE-100 index gains 3.8% to close at 46,144.96

Reza Baqir says unpopular decisions required by IMF are proving to be difficult in the current political situation

Trust should be in constitution for rules-based governance, stable policy outlook

Tech advancements greatly help in developing highly efficient biogas plants

Jacking up of policy rate will further slow economy along with high inflation

Rate hike fills in market gap and not as proactive as some tweets suggest

Internal issues require structural reforms for which both sides in house should be united

C&D Clean Energy announces partnership with Integra Solar for panel supply chain services

Amount will help restore supplies of essential items including fuel, medicines

Cites it creates friendly environment, generates employment, attracts investment

Businessmen urge SBP to revisit decision, lower policy rate for betterment of country

Believes Moscow will not be able to honour its commitments to debt holders

Investors bet they will shine as Fed fights to cool down US economy

Political turbulence, rupee depreciation steer decline

Amount will support banks to address liquidity crunch in financial market

Plan labeled protective shield for firms hit by Russia-Ukraine war

The SPI for the lowest income group increased 1.85% compared to the previous week

Canada’s jobless rate at record low

Govt-owned zone will help reduce construction time, address financing issues

Crude benchmarks have been most volatile since June 2020

Issuance across the broader market fell 5% to $2.49 trillion over the same period

CPEC has played important role in development of industrial sector

Geopolitical turmoil causes disruption in stable grains, edible oil markets

Weakening of local currency forces firms to hike rates

Clarity on political front, policy rate hike aid currency’s recovery

Benchmark KSE-100 index gains 657.75 points to settle at 44,444.58

Hike in policy rate highlights how behind the curve SBP was in terms of monetary policy

CEO wants to move quickly on creation of two entities

Claims hit a record high of 6.137 million in early April 2020

Move part of €8.7 billion plan to support auto industry

Experts say it can play vital role in achieving goal of digital transformation

Western companies from McDonald’s and Starbucks to Deutsche Bank and Shell have stepped back from Russia

Core inflation increased 6.78% in the year through March

Investors digest hawkish signals from Federal Reserve

Pakistan uses intercropping planters for first time to relieve sowing burden

Besides expensive inputs, surge in freight rates, rupee fall deal blow to industry

Says tariff increase needed to meet revenue requirement for FY23

Decrease reflects debt repayment, settlement of arbitration award related to mining project

DG Petroleum Concession demands undertaking ahead of transfer of Eni assets

Benchmark KSE-100 index drops 324.27 points to settle at 43,786.83

Decrease reflects debt repayment, settlement of arbitration award related to mining project

Crosses Rs190 mark in open market

Asian Development Bank projects growth slowdown, double-digit inflation

Central bank moves after local currency hits historical low level of Rs189.51 against US dollar