Business

Capital to be injected into plant upgrades, deep-conversion refinery

Could not take decision on removing two companies from active privatisation list

Pakistan among cotton growing countries facing extreme weather risks

Draft policy sparks controversy as it seems to favour importers over local producers

Benchmark KSE-100 index falls 86.44 points to settle at 47,900.70

Brent crude has gained more than 45% this year, supported by OPEC supply cuts

IHS forecasts that with 6% growth this year

PM aide says under PM’s agri plan we will completely eliminate soybean imports

The company plans to sell about 26.7 million shares priced between $21 and $24 per share

Closes at Rs158.1 in the inter-bank market

Says hike in gas prices will lead to closure of filling stations

World’s largest cryptocurrency falls to $28,600, its lowest since early January

Spike comes due to no lockdown restrictions on essential services

As Covid spread, countries created green lanes for cross-border food transport

Law will help regulate mining sector, remove bottlenecks

Country may face energy crisis if Engro LNG terminal goes on dry-docking after June 30

Economic Affairs Division secretary was picked from panel of six bureaucrats

Benchmark index falls 25.38 points to settle at 47,987.14

Cryptocurrency dipped nearly 30% last week, almost wiping out gains for the year-to-date

OPEC+ in discussion on gradual increase of oil output from August

Senate panel criticises board for sending notices with fine surpassing sales

Minister claims growth of circular debt has been reduced by Rs200b this year

Stress on automation of organisation to curtail corrupt practices

Fear Pakistan’s exports will suffer if gas shortage persists

Falls as low as $32,094 to its lowest in 12 days, dragging smaller coins down

Aims to improve access to banking services, provide jobs for people with disabilities

Currency depreciates in inter-bank market as IMF delays sixth review

Desires to enhance footprint in Pakistan through innovative products

Seeks cabinet’s approval to pledge major airports and road network as collateral

CCI also gave nod to launching a joint operation against electricity theft and recoveries

Pakistan’s tobacco sector presents a suitable target for the country’s tax collection goals

Benchmark KSE-100 index falls 0.47% to settle at 48,012.52

Crude oil also drawing support from forecasts of limited growth in US oil output

Falls as low as $32,094 to its lowest in 12 days, dragging smaller coins down

CPPA-G criticises capacity expansion plan due to its negative impact on tariff

Pakistan has adopted ambitious strategies for reversing decline in natural capital

Flexible labour markets, less regulatory burden, better infrastructure will attract investors

Strategy must be truly responsive to exploit export opportunities in global markets

To rein in inflation, govt needs to ensure stable exchange rate, steady money supply

Will provide financing to improve access to water and sanitation services

Bitcoin falls 7% to $35,431.15

Australia takes China to WTO over hefty duties

SPI increases 0.28%

Say 17% tax will curb growth of the nascent e-commerce platforms

SAPM says food dashboard is being developed to monitor demand and supply situation

Increase comes on back of expansion in industrial outputs

Lack of positive triggers, profit-taking by investors pull index lower

Also approves increase in share capital to meet requirement of UAE laws

Benchmark KSE-100 index advances 0.17% to settle at 48,238.67

Pakistan Aluminium Beverage Cans to offer 26% stake to investors