Business

SPI increases 0.22%

Rupee strengthens against dollar

SBP MD regrets Pakistan’s solar energy potential not fully tapped

More consumers turn to borrowing in wake of hefty interest rate cut

Net revenue in Jan-Jun 2021 almost halves as airline halts flights on major routes

New chairman reveals his core squad to achieve Rs5.8 trillion revenue target

Increase comes on back of rise in other income, dip in other operating expenses

Says it will help address issues of periodic margins and investment in infrastructure

Fed chief Powell said US economy continued to recover despite impact of Covid-19

Also clears 12 bidders to bid for an iconic building of Islamabad

Benchmark index falls 226.74 points to settle at 47,136.53

Crude contracts on track for over 10% rise as energy firms halt production in Gulf of Mexico

Imran says govt introducing reforms, incentives to attract investment

Rupee recovers partially vs dollar

Food minister says government will also announce minimum support price before sowing season

Exim Bank will help implement new road infrastructure, healthcare and IT projects

Development shows positive response to PTA’s device authorisation policy

Decrease comes on account of debt repayments

Both sides voice hope the scheme will strengthen bilateral relations

Overall budget deficit remains at Rs3.4tr or 7.1% of GDP in last fiscal year

Company declared final dividend of Rs75 per share, taking total payout to Rs141 for FY21

Involved parties putting pressure, FIA tells cabinet body on energy

Earlier, a fire on a Mexican offshore platform knocked out over 400,000 bpd of production

Decrease comes on account of debt repayments

Benchmark index falls 272.63 points to settle at 47,363.27

Asad Umar reviews status of Karachi Circular Railway, freight corridor projects

Sets up platform focused on connectivity, infrastructure-related initiatives

Commerce adviser says improvement in ease of doing business ranking will boost exports, increase investment

Currency has depreciated 8.4% since hitting high of 152.28 in May 2021

Government allows import of both commodities at highest prices to meet shortfall

Commerce secretary says all trade-related issues with Afghanistan have been settled

Programme will enable non-resident Pakistanis to acquire properties in their home country

Monetary and Fiscal Policies Coordination Board also discusses scaling back grants

Benchmark index falls 192.81 points to settle at 47,635.90

Both contracts rose by about 8% over last two days

Rs6b released for exporters

Steps underway to facilitate investors

Says Pakistan should convince investors to set up modern and hi-tech industries

Drops to Rs165.20 against dollar despite significant foreign inflows from IMF

Digital ledger operator raises $30m in funding round

Alvi says leadership will extend reach of people to new 4G technologies

Regulators confirm wrongdoings by firm, say criminal proceedings will begin soon

Says cement sector helped trigger V-shaped economic recovery in testing times

Also urge government to review decision regarding minimum wage

Substantial increase in earnings from subsidiaries prop up company’s profit

Will look into import of expensive gas, hurdles faced by private sector

Benchmark index dives 283.50 points to settle at 47,828.71

Receipt is expected to the country's foreign currency reserves to all-time high of $20.4 billion

Forex-focused scheme lends support to ease of doing business in Pakistan

Says Pakistan can earn foreign exchange by promoting its highquality meat