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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs157.13 in the inter-bank market
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25% ad-hoc allowance for bureaucrats notified
The officers serving in grade-20 to -22 are also not entitled for the ad-hoc allowance
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Foreign exchange: SBP reserves rise $70m to $12.98b
Increase comes due to official inflows of government
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Market watch: KSE-100 battered by Senate poll upset
Benchmark index dives 882.24 points to settle at 45,278.54
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Pakistan, Bangladesh discuss trade ties
Envoy cites construction, tourism as potential areas of cooperation
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IMF grants over Rs200b spending waiver to fight Covid
Executive board to give final approval this month provided Pakistan fulfils all agreed actions
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Rupee hits one-year high
Closes at 157.84 against dollar, aided by higher foreign currency inflows
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Duty on LPG imports withdrawn
CCOE sub-body removes proposed RD on land route from LPG policy draft
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Cement sales inch up 2%, but exports decline
Cement-makers say rising energy prices have led to increase in cost of production
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Exporters threaten protest over yarn shortage
Voice fear foreign buyers may cancel value-added textile orders
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Pakistan Stock Exchange to introduce E-IPO system
Project will digitally transform IPO process at bours
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Market watch: Despite political uncertainty, stocks rise
Benchmark KSE-100 index gains 196.51 points to settle at 46,160.78
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Oil up as OPEC+ considers production cut rollover
Signs of progress in coronavirus vaccine rollout in US give further support
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Govt to amend OGRA Ordinance
Move aimed at giving representation to provinces on regulatory authority
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Steel scrap value linked with London Metal Bulletin
Industry players welcome decision taken to avoid confusion at time of goods clearance
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Number of active taxpayers falls 30%
Nearly 2.2m return filers were only one-third of those with valid National Tax Numbers
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Inflation spirals to 8.7% in February
Sharp rise comes on back of surge in electricity tariff, kitchen item prices
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Oil executives say demand will rise
Expect fossil fuel to remain part of energy mix despite emphasis on renewables
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Low-cost housing picking up pace
More people approaching banks to acquire low-cost housing finance
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OGRA raises LPG price by Rs2 per kg
Commodity will be available at Rs160 per kg this month
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs158.04 in the inter-bank market
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PRA collects Rs10.1 billion
The growth indicates that the economy is performing well despite the second wave of Covid-19
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Small units demand tax relaxation
Input received from private sector would form federal government’s consideration for the upcoming federal budget
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$1.1b Covid response plan
With the $200 million worth of new loan, the country will be able to cover another 13.5 million
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Oil slips on fears over higher OPEC supply, slower China demand
Both crude contracts touch lowest in more than six days
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Market watch: Bourse turns bullish ahead of Senate elections
Benchmark KSE-100 index rises 370.84 points to settle at 45,964.27
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A lot to learn from Ireland
Pakistan can achieve rapid growth by cutting tax rates, offering incentives to investors
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Will textile boom last long?
Mills should quote attractive prices, offer quality products to attract global buyers
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How has Pakistan's beloved auto sector fared since the 2016 policy
Put consumer welfare to the fore, and the love affair will continue
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LNG deal: favourable or not
Besides energy supply, agreement will pave way for trade boost, manpower export
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Track and trace system - a test case
It is preliminary but important step towards documenting national economy
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Oil jumps on vaccine optimism, US stimulus
Brent, WTI crude contracts finished February 18% higher
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Market watch: Bears hold sway as political tensions weigh
Benchmark KSE-100 index drops 271.59 points to settle at 45,593.43
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Pakistan urged to tap Kyrgyz market
Envoy says businessmen should avail opportunity through joint ventures
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Govt looks to promote local mobile manufacturing
IT minister says firms are encouraged to manufacture and assemble phones
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FATF review takes toll on stock market
Trading remains jittery as investors opt for caution
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Pakistan may import Indian cotton
Prospects of gradual restoration of trade increase after deal to maintain peace
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Oil, gas production continues to fall
Output drops due to depletion of reserves, no big find in a decade
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Export sector status sought for vending industry
Auto parts body asks govt for import deletion of industrial parts through PPP
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World Bank asked to exclude fossil fuel investments
European officials request bank to expand its climate change strategy, phase out natural gas projects
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Industrialists seek cut in energy tariff
Say new LNG deal with Qatar will ease pressure, resolve shortage
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SoftBank reaches deal with Neumann
SoftBank reaches deal with Neumann
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Airlines seek White House support
Airlines seek White House support
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Economy showing signs of recovery
Finance ministry expects low inflation, strong growth in second half of FY21
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Indus Motor’s profit soars over 200%
Sharp rise in net sales, other income fuels increase in earnings
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New textile policy on the cards
Planning minister hopes policy will help maintain current textile boom
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‘Agriculture can lift economy to its peak’
LCCI president says crop demandproduction gap hitting allied industries, economy
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Industry decries absence of policy to boost cotton output
Textile exporters lament steep rise in cotton prices to Rs12,000 per maund
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SPI increases 2.41%
During week, average prices of 25 items rose, prices of five commodities fell
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Hubco’s profit jumps 47% in Jul-Dec 2020
Surge comes on back of rupee depreciation, drop in finance cost