Business

Govt jacks up power tariff by Rs1.95; minister blames PML-N govt for leaving behind ‘landmines’ of capacity payments

ECC sets up a committee to approve second bailout package of $36 million for Roosevelt Hotel

Meeting participants identified the bottlenecks in the way of trade between Pakistan and Afghanistan

The rupee strengthened against the US dollar at Rs160.5 in the inter-bank market

Envoy-designate says this way they can increase exports to many EU markets

Urge federal govt to immediately withdraw decision taken by Power Division

PCJCCI president expresses concern over long-term energy projects

Deficit comes on back of surge in imports to over $5b in December 2020

In December alone, government received $1.2 billion worth of loans

FPCCI chief stresses need for deepening bilateral economic, trade ties

Provincial minister says revenue goes up despite Covid-19 relief

Cabinet body decides to delist Pakistan Television at request of information ministry

OPEC curbs, forecasts of drop in US crude inventories support price rise

Benchmark KSE-100 index declines 226.29 points to settle at 45,676.94

Starts litigation after state company began deducting excess payments

SECP will follow the measures set out in the Financial Action Task Force (FATF) standards to protect SECP regulation

The rupee weakened against the US dollar at Rs160.60 in the inter-bank market

Collaboration aimed at better purchasing practices in textile, garment industry

Urge govt to introduce favourable policies to attract local, foreign investment

FBR’s reforms help country jump from 142nd to 111th place

Ambassador asked investors to capitalise on opportunities in Rome

Country to raise $2b through Chinese currency-denominated bonds, other papers

In spite of pandemic, almost 2,500 jobs have already been transferred to European nation

Majority respondents in survey projected cryptocurrency’s value to halve in future

Fresh coronavirus lockdowns cloud outlook but vaccines may help rebound in second half

President Trump took US economy on wild ride even before virus drove it off a cliff

Benchmark index rises 176.55 points to settle at 45,903.23

IEA pointed to recovery in oil demand later this year to average of 96.6m barrels per day

Petroleum Division apprises CCoE no construction work has yet been initiated

The rupee weakened against the US dollar at Rs160.52 in the inter-bank market

Also directs industries ministry to continuously monitor stocks of sugar

OICCI report highlights importance of stable regulatory practices to attract FDI

Punjab governor says training centres will help Pakistan enter fourth industrial revolution

In first half of FY21, China was largest investor with injection of $358.9m

Govt under pressure to reduce dependence on short-term debt

Senior lawmaker says bloc needs financial system to compete with greenback

Envoy stresses CPEC has potential to create diverse investment opportunities

Automakers blame govt for surge in car prices, urge promotion of hybrid cars

Benchmark KSE-100 index drops 0.44% to settle at 45,726.68

Security concerns ahead of US presidential inauguration drag on investor sentiment

Dealers who declined to supply gas include state-run entities and major international LNG traders

Delay in all-inclusive and pragmatic reforms can threaten food security

In recent past, exports went up for one or two quarters and years before stagnating

ADB assisting Pakistan in updating study for building gas storages

Policymakers need to focus on building foundations for long-term capital growth

Central bank responded aggressively to challenges, shielded economy through timely measures

Suppliers refuse provision in light of recent hike in gas prices by the government

They said that the traders’ community is ready to pay taxes but system should be made simple

Official says over one month has passed since government announced subsidy

Commerce adviser says ECC to take final decision in next few days