Business

During week, average prices of 25 items rose, prices of five commodities fell

Surge comes on back of rupee depreciation, drop in finance cost

Drastic cut in cost of oil and gas exploration activities drives growth

IT minister says government aims to increase IT exports to $5b by 2023

Businessmen call for reducing communication gap between industrialists, FBR

Expresses concern over use of expensive furnace oil

Energy ministry suggests stopping work on foreign-funded unit-II of Jamshoro plant

Collection was to be made till start of commercial operation but WAPDA continued to receive it

Rise in sales comes on back of low urea offtake last year

Stress need for encouraging overseas Pakistanis to invest in country

Central bank cites no reason for increase

The rupee strengthened against the US dollar at Rs158.46 in the inter-bank market

Both sides agreed to launch a joint venture to encourage local investors to make investment in potential sectors

Sell-off in bond markets lifted US dollar, making oil more expensive for holders of other currencies

Benchmark index sheds 100.61 points to settle at 45,865.02

Proposal seeks tax cut on EPC supply contract for Kohala, Azad Pattan projects

Plunge in other income drives the drop in earnings

Urge telecom regulator to look into the matter

Better coordination between public, private sectors needed to resolve issues

Loans include $500m taken from China last month to support forex reserves

Highlights lack of better connectivity between Malaysia and Pakistan as hurdle to trade

Allows non-resident Pakistanis to invest in UK pound and euro besides US dollar, rupee

Foreign currency inflows help rupee strengthen in inter-bank market

The Federal Board of Revenue will publish the Active Taxpayers’ List (ATL) for tax year 2020 on March 1, 2021

Oil prices firmed on Wednesday amid continued outages in the United States and a weaker dollar

Rise comes on back of assurance US interest rates will stay low

Central bank cites no reason for increase

Benchmark index rises 603.05 points to settle at 45,965.63

Absence of uniform mechanism hinders distribution of agri-subsidy

For the first time, over 15 new cars will be launched in a year

The world’s biggest cryptocurrency was facing its biggest daily drop in a month

Lauds newly upgraded FASTER Plus system as being quick and transparent

Report highlights inconsistency in amount claimed to be paid with annual returns

Uptrend may increase inflation, import bill and widen fiscal deficit in economy

Strives to regain and increase its generation capacity

Says forthcoming Banking on Equality Policy will introduce gender lens in financial sector

Power utility seeks tariff revision on account of monthly fuel cost, quarterly adjustments

The rupee strengthened against the US dollar at Rs158.88 in the inter-bank market

Pakistan and Sri Lanka haveagreed to reactivate the Joint Working Group for addressing the technical issues

The minister said international mobile firms were willing to make partnerships with local firms

Benchmark KSE-100 index drops 366.17 points to settle at 45,362.58

Crude stockpiles rose by 1m barrels against estimates for draw of 5.2m barrels

Agreement is aimed at installing electronic monitoring system to check tax evasion

Graana.com CEO underlines need for meeting target of constructing 1m housing units a year

The committee reviewed the price trend of essential items especially wheat flour, sugar, vegetable ghee

Insist power sector infrastructure needs substantial investment

Deficit came due to increase in food, industrial raw material imports

Occupation of 116 acres of prime land causes slowdown in work on Gwadar projects

CEO says airline ready to set aside aircraft for cargo services

Rates go up on the back of increase in cost of production