Business

Central bank says move aimed at curbing inflation, controlling current account deficit, supporting rupee

Central bank gives no reason behind the decrease

On Nov 12 Pakistani currency closed at all-time low of Rs175.73

Minister outlines govt vision to build knowledge-based economy

Ministry says 75% of gas supply being used by captive power plants of industries

Market divided on how much rate will be increased in the face of inflation

Industries set to face impact of high input prices, shortage of gas

Company offered 6.85 million shares at price of Rs65 per share

Sialkot Chamber delegation assured full cooperation to set up industrial zone

Chinese official calls for swift resolution of issues, removal of hurdles

Benchmark KSE-100 index falls 83.92 points to settle at 46,110.5

Prices hit seven-year highs in October as market focused on the swift rebound in demand

Central bank gives no reason behind the decrease

Rupee dipped to an all-time low at Rs175.73 against the greenback owing to a deadlock in IMF talks

running against analyst expectations for a build of 1.4 million barrels

Trade between Islamabad, Jakarta has doubled since PTA came into effect

Commodity centre aims to lay foundation for wider sale channels

International foundation invests part of its $2.5 billion Strategic Investment Fund

Emphasises all departments should facilitate exporters to boost exports

Surge in other income drives increase in earnings

Amounts to $662.1m due to rupee-dollar volatility, economic uncertainty

Chairman says FBR lacks capacity, legal issues also a stumbling block

Benchmark KSE-100 index falls 348.49 points to settle at 46,194.42

Larger than expected fall in US gasoline stocks capped some losses

Tarin says these steps will lead to approval of $1b tranche, but time frame unclear

CAP Chairman appealed to govt to take necessary steps

On Nov 12 Pakistani currency closed at all-time low of Rs175.73

Planning minister terms efficient roads, digital networks critical for economic expansion

SBP says monetary policy meeting brought forward in light of unforeseen developments

Deputy governor says more measures may be taken to slow down economy

Provincial trade minister says skilled workforce needed for development

Rely on AI and computer algorithms to increase accuracy of weather prediction to 95%

Benchmark KSE-100 index surges 806.65 points to settle at 46,542.91

IEA expects oil market rally to ease off as high prices can provide strong incentive to boost production

Envoy says Bishkek offers massive opportunities to Islamabad

Asad Umar asks investors to explore opportunities in industrial, tech and agri-sectors

Trade official says technology transfer can accelerate Pakistan’s agro-economy

Launches module pertaining to banking policy, regulations

Privatisation Commission mulling options for determination of reserve price for bidding

Stakeholders say issue has stymied industrialisation process in country

Move aimed at reducing circular debt, reviving underperforming stock market

To boost revenue, the finance ministry had sought increase in taxes on fuel

Covid-19 is raging once again in Europe, prompting some governments to re-impose lockdowns

Successive governments have made sure that every opportunity is wasted at all costs

To prevent rupee fall, high foreign capital inflows and productive capacity needed

Unless structural flaws in external sector are removed, export earnings cannot surge

Politicians need to agree on charter of exports for prosperous economic future

Perpetual decline seriously hurting purchasing power of masses, party’s vote bank

Inflows stay high due to Govt, SBP measures to encourage use of formal channels

About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees