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Foreign exchange: SBP reserves fall $223m to $17.6b
Dip seen on back of external debt repayments, payments for Covid-19 vaccines
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Market watch: Range bound trading drags index in red
Benchmark KSE-100 index falls 106.62 points to settle at 47,270.76
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ECNEC bends to clear two mega projects
Approves Rs29b road project against its own decision, relaxes condition for another project
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Govt to borrow Rs103.8b from banks
PC Board allows raising debt to replace PDFL funding before LNG plants’ sell-off
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Rupee weakens against dollar
Rupee weakens against dollar
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High current account deficit not worrying: Baqir
SBP governor says exchange rate is stable, reserves are up and deficit is sustainable
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Automobile sales surge by staggering 114% in July
Triple digit growth comes on back of reduction in auto financing markup, dip in auto prices
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Senate body seeks report on hurdles in agri imports
Directs sub-committee to examine issues and submit report within 30 days
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Pakistan ups efforts on GSP plus
Envoys in EU increase engagements with host govts to counter Indian influence
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Market watch: Strong remittances data, IT package lift PSX
Benchmark KSE-100 index rises 241.9 points to settle at 47,377.38
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Sowing suffers delay as water shortage persists
Farmers in Sindh are sowing paddy while growers in Punjab have started harvesting rice
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PTA issues MDM to Lucky Motor
PTA issues MDM to Lucky Motor
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Rupee strengthens against dollar
Rupee strengthens against dollar
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Pakistan ready to export rice to China
New techniques developed to cultivate, improve rice production
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ZTBL’s nosedive pauses in second quarter
Banks shows quarterly profit for first time in four years
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Govt sets up Rs10b fund for IT companies
Takes major initiatives to boost performance of sector
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Remittances jump to $2.71b in July
Modest receipts will tackle rising imports, help govt achieve economic growth target
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Balochistan introduces online tax system
Provincial finance minister hopes mechanism will steer transparency in system
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Govt finalises NTC member hiring
Govt finalises NTC member hiring
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Market watch: KSE-100 inches up in lacklustre session
Benchmark index rises 11.86 points to settle at 47,135.48
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Oil rises as market shrugs off virus impact
Analysts believe Covid pandemic setback will not last for long
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PSDP spending comes in at Rs680b
Govt diverted funds after ministries could not spend allocated budget in FY21
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Rupee closes at 10-month low against dollar
Import pressure, slow pace of foreign currency receipts drive rupee’s fall
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Govt to intervene in food markets
Tarin directs food secretary to establish commodity warehouses, agricultural malls
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Lucky Cement’s profit skyrockets to Rs28b
EPS stands at Rs70.69 for year ended June 30, 2021
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Minister for hiring local people in Tarbela project
Says Tarbela 5th Extension will help meet increasing water, power needs
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Pakistan exploring new markets for trade
Envoy-designate suggests export of IT products to Brunei
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Crude oil slides more than 2%
United Nations panel’s dire warning on climate change added to the gloomy mood
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Saudi Aramco looking for more deals
The gas pipeline stake sale will be a “copy paste” of the oil pipeline deal
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Credit disbursement to agri sector increases 12%
Amounts to Rs1.37tr in FY21 despite Covid-19, climate change challenges
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NEPRA reserves decision on new tariff slabs
Govt plans to exclude over 8m consumers from subsidy programme
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Auto parts makers demand tax refund
Says more than Rs6b has been held up for last 18 months
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Market watch: Stocks dive on Covid fears, oil price rout
Benchmark KSE-100 index falls 366.33 points to settle at 47,123.62
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Oil slides 4% on China virus curbs and climate warning
Market fears fresh restrictions in Asia can slow global recovery in fuel demand
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Economic lessons taught by Covid-19 pandemic
Country must equip youth with new skills, technologies for growth and development
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Phenomenal rise in food import bill
It is time to develop roadmap for containing food imports which will widen trade gap
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Building a new strategic relationship
Russia can pour big investment into energy sector, provide huge market for Pakistani goods
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Moving to new industrial policy
Policy should be based on open trade, export orientation, value addition and innovation
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Policy should be outward-looking
Deletion programmes are major hurdle to integration into global value chains
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Eight items add 29% to import taxes
Government collected Rs62b from just energy and cooking oil products in July
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Retail coffee prices to climb
Devastating frost in Brazil, record freight costs to push price to multi-year highs
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China’s export slowdown may signal bumps ahead
Exports drop following outbreak of Covid-19, imports also lose momentum
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Huawei reports biggest ever revenue drop
Decline comes as US sanctions force it to sell chunk of its business
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PSX rebounds amid Covid uncertainty
Drop in inflation rate and positive macro numbers contribute to gains
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Pakistan to pursue tea plantation on commercial scale
Plans to cultivate tea an area of about 25,000 acres over next five years
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‘Investor facilitation will boost production’
Commerce adviser reviews progress on Allama Iqbal Industrial City
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Auto industry flexing muscles for price hike
Increase in raw material prices, cost of shipping goods will lead to rise in automobiles prices
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SBP hits eight banks with penalties
Charges them for violating regulations including AML, CFT and foreign exchange rules
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Dollar gains most in three weeks
US govt report showed jobs grew more than expected in July, pushing up bond yields
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Chinese regulators meet delivery firms
Meeting was aimed at improving safety, labour rights for delivery workers.