Business

Drop comes on back of external debt repayments

Benchmark KSE-100 index drops 300.36 points to settle at 45,296.88

Facility will be operational in Q4, produce 50,000 TVs annually

The agreement was reached during finance minister’s virtual meeting with the Etisalat Group CEO

SBP let the rupee depreciate massively in the inter-bank market

Highlights importance of regional integration with Central Asia

Agreements will boost Pakistan’s exports, says Bilour

Business leaders discuss challenges, changing work model in the wake of pandemic

Also projects fifth lowest growth rate in South Asia

Bureau DG says no such information has been shared to date

Benchmark index declines 411.61 points to settle at 45,597.24

Initiative will benefit 12.5 million households

Bilateral trade volume swelled 60% last week

Stresses diplomats should identify new avenues abroad to promote trade

Successful negotiations would facilitate immediate disbursements of $1b by the global money lender

Minister says organic agriculture ecosystem can help fight poverty, climate change

Survey reveals export-oriented firms far ahead in innovation than non-exporting ones

Rises 46.8% year-onyear as consumers take benefit of lower borrowing cost

Surge comes on back of strong demand from industries and households

Proposes minimum price of Rs22.3 or Rs26 per share for selling PRCL stake

Benchmark KSE-100 index sheds 519.36 points to settle at 46,008.85

Growing concerns over US production seem to be outpacing other factors

Directs four firms to remove smuggled goods from their retail outlets

Market capitalisation of cryptocurrency market dropped 10% on Monday, to under $1.94 trillion

Rupee has maintained its downturn since hitting the 22-month high of Rs152.27 in May 2021

Schemes aimed at providing internet services to 0.66m people in Sindh, Punjab

Official laments stuck tax refunds have caused liquidity crisis for parts makers

Says out of 2.9m tax return filers, 1m have zero taxable income

CDWP approves project at cost of Rs51.3b, up 138% within five years

Insists on giving up revenue-driven model as it hinders faster broadband expansion

Investors dump Chinese property stocks, seek refuge in safe-haven assets

Imam appreciates role of all stakeholders in increasing overall cotton production

Benchmark KSE-100 index loses 107.87 points to settle at 46,528.21

Stronger US dollar in wake of risk aversion weighs on oil prices

Govt may consider more tariff incentives to increase capacity utilisation, cut circular debt

MPC notes monetary policy stance is still appropriately supportive of growth

Women suffer in areas of education, labour force participation, access to resources

Two companies of country feature in Forbes Asia 100 to Watch list

With tapering of asset purchases, dollar will rise further vs major currencies

Pakistan has been unable to improve management of water and data resources

Govt collects one-third of import taxes from petroleum, cooking oil products

Power Division will hold internal inquiry and submit report to CDWP within three months

Minister says it will create jobs, enhance capacity of export-oriented enterprises

Some analysts expect increase in policy rate

Investors expect worsening of economic cues, inflationary pressure

World’s second-biggest economy looks to boost economic clout

Four countries will ascertain semiconductor supply capacities

Reservations about deemed duty collection delayed clear go-ahead

Scheme will help reduce gender gap in financial inclusion, improve women’s access to financial services

SPI for combined income group rose 14.33% compared to the corresponding week of previous year