Business

Spike in Covid-19 cases in Asia halts price rally

Pakistan’s regional competitors have relaxed curbs, may try to recapture lost market

Country needs to provide training in modern farming methods, focus on R&D

Country needs to look for opportunities to diversify trade, investment portfolios

Incentives will push private sector to deploy resources for building housing units

Pakistan has opportunity to invest in ESG wave, show itself as leader in South Asia

Bitcoin to become legal tender

Tesla to recall over 285,000 cars

Promises to encourage Dutch investors to explore Pakistan for joint ventures, investment

VW to end sales of combustion engines in Europe

Supply constraints, increased demand for services helped lift prices

Encourages them to take advantage of opportunities, enter JVs with Uzbek counterparts

Prices of 21 essential commodities rose during the week

Say users will learn to disconnect and redial before five minutes are up to defeat purpose of this levy

Form committee for due diligence in wake of gas crises

Say province raised minimum wage to Rs25,000 without following due procedure

Index sees range-bound trading due to host of negative triggers

ECC meeting today also expected to set support price of cotton

Envoy sees great potential for boosting bilateral trade volume

Salt makers request finance minister to reconsider tax proposal as it is essential food item

Approves revenue sharing between CAA and Punjab govt

Contract worth $241.1m for electro-mechanical works given through competitive bidding

Govt seeks to borrow Rs26.3 trillion to repay and service public debt

End of strike averts fears of nationwide fuel shortage

Deficit widens in May due to slowdown in remittances, drop in exports

LHC tells Centre to take steps for audit of companies

Benchmark index falls 0.75% to settle at 47,603.36 points

Approval of US infrastructure bill boosts optimism over energy demand outlook

It will remove hurdles in execution of projects and fuel strategic initiative

Finance minister says govt to use out-of-box thinking to reduce circular debt, losses and increase recoveries

Prime Minister Imran Khan is also expected to address the House if the order is maintained

ICT rural areas to get makeover

Number of complaints about harassment at police stations declined by up to 80 per cent says police spokesperson

Rupee strengthens against dollar

ICCI chief cites agriculture, textile, pharmaceutical as potential sectors for cooperation

Says portal set up to facilitate bilateral trade between two countries

Country may experience fuel shortage if agreement is not reached

US, Punjab to set up JWG

Punjab minister says attention being paid to human resource development

WAPDA begins work on Kachhi Canal extension

Global lender insists on increasing electricity tariff and imposing taxes

May place PSX in Frontier Markets Index; announce final decision on Sept 7

Spokesperson says more discussions needed about Pakistan's fiscal spending plans, structural reforms

Benchmark index rises 0.13% to settle at 47,962.54 points

Drawdown in US inventories, accelerating German economic activity support crude prices

Decrease comes due to external debt repayments

Oil tankers association demands 50% quota in ‘White Oil Pipeline’

Canadian digital asset manager seeks to raise $200m in offering

Minister for energy-efficient appliances

Rupee weakens against dollar