Business

Dip in inter-bank market due to increase in demand for US dollar

Tarin says move will ensure timely availability of basic commodities

Uber has been moving to expand into goods and meal delivery to reduce dependence on rides

It rose by 3.1% in July, a 13-year high, compared with 2.1% in June

Falls to lowest level in nine months despite hike in prices of household items

Benchmark KSE-100 index advances 0.85% to settle at 47,453.25

Output from OPEC rose in July to its highest since April 2020

Dip in interbank partly due to increase in domestic demand for foreign currency

Positive aspect of NEP is inclusion of security of supply and indigenisation

People of region need to be given opportunities to play constructive role in creative industries

Bond markets offer avenue for financing budget deficit in noninflationary way

Outages signal fragile supply chain, though generation capacity stands at 38,719MW

For meeting SDGs, the sector can be facilitated via institutional platforms

Meets Sarhad Chamber delegation to discuss hurdles facing traders

Reliance on short-term borrowing rising since last three successive months

Criticise central bank for maintaining policy rate at 7% despite fall in inflation level

Besides CPEC, steering committee will also work in areas critical for bilateral ties

Investors remain cautious and continue to weigh impact of fourth wave on economy

Official suggests measures such as application of laser land levelling, promotion of seeds

Growth comes on back of massive tax collection at import stage

Shehbaz says report validates opposition’s claim of alleged embezzlement in procurement of LNG

Rupee weakens against dollar

During week, average prices of 23 items rose in selected basket of goods

Says region provides opportunity for expanding trade, economic ties

Envoy to Ethiopia underscores need for focusing on marketing of Pakistani goods

Move will lead to increase in production, less reliance on imports

Overseas Pakistanis to roll out first vehicle in three to four months

Spike comes in wake of surge in sales, decline in finance cost

Directs Power Division to expedite process for merger with PPIB

Says hiring is result of invitation from finance minister to help government broaden tax net

Reduction in price will not apply to K-E, lifeline consumers

Benchmark KSE-100 index dips 257.04 points to settle at 47,055.29

Both benchmark contracts are headed for gains of around 2% for the week

Oil rises on inventory drawdowns

PM aide for diversifying trade

Rupee strengthens against dollar

Says availability of cars at affordable rates is top priority

Rebound witnessed on back of rise in sales, other income

Minister stresses need for setting up accessible charging infrastructure network

Central bank cites no reason for decrease

TDAP official shares plans to promote Pakistan’s trade through various initiatives

Estimate is based on assumption that IMF programme will continue

Say it will lead to development of foreign investment ecosystem, international trade

Asian markets rally after Fed meeting

Rise in other income, drop in finance cost steer increase in earnings

Cabinet members express reservations about his past performance

Benchmark KSE-100 index inches down 5.7 points to settle at 47,312.33

Central bank cites no reason for decrease

Prices receive support from Iran blaming US for pausing nuclear talks

Volkswagen agrees $3b tender offer