Business

Benchmark index sheds 1,378 points as turmoil in global markets wreaks havoc

Haroon Akhtar says SAPM on revenue should be asked to submit plan for FBR reforms

LPG rate increased by Rs10 per kilo; kerosene, LDO rates remain unchanged

Greenback posted its largest weekly percentage gain since late September amid fears of a contested election

Sheikh said the economic scenario has totally changed due to the coronavirus pandemic

The rupee strengthened against the dollar at Rs160.25 in the inter-bank market

Total liquid foreign currency reserves stand at $19.29b

Seeks reasons for not procuring wheat when prices were at the lowest

Travellers buying SUVs to explore country owing to global travel restrictions

Directs Power Division to present analysis of market model and reforms plan

Approval comes in wake of ruckus in cabinet over surging inflation

Profit goes down on back of hefty decline in international oil prices

SBP intends to improve housing, construction financing to 1% of GDP from current 0.2%

US giant had partnered with Energas for setting up terminal in Pakistan

Regulator reserves ruling over CPPA’s petition for Rs1.37 per unit increase under fuel price adjustment for September

OPEC and allies will be monitoring deteriorating demand outlook closely

Total liquid foreign currency reserves stand at $19.29b

Benchmark index falls 1,298.86 points to settle at 39,888

Shaikh appreciated the strong support extended by ADB for fight against Covid-19

The rupee strengthened against the dollar at Rs160.62 in the inter-bank market

Will utilise excess capacity of terminal, help overcome gas shortage

Increase in car sales plays vital role in uplifting earnings

Fear growth in remote banking may stall if stakeholders’ concerns remain unaddressed

Committee fails to evolve consensus on tax incentives for telecom sector

Climate-driven events increasingly affect inflation, economic growth and financial stability

Announcement comes amid drop in commercial travel and hit from 737 MAX

Expert estimates 2.5% of Pakistan’s total labour force to get affected due to Covid-19

Omar Ayub says Sindh’s production had already dropped by 7%; urges early decision on weighted average cost

Benchmark KSE-100 index drops 194.97 points to settle at 41,186.86

Rising coronavirus infections in US, Europe stoke weaker fuel demand worries

Ministry says inflation will also remain high because of money circulation growth

The rupee strengthened against the dollar at Rs160.91 in the inter-bank market on Tuesday

Objective is to make Pakistan attractive place for investment

Rupee recovery, decline in interest rate help company contain loss

Earnings go up as firm clears backlog of orders stalled during lockdown

With stable outlook, rating comes ahead of WAPDA’s bond float

Decision comes on back of slow progress on govt’s $400m venture to reform taxes

Investors’ sentiment dented as hope for new US stimulus package fades

Cabinet approves placement for one year, after which decision will be reviewed

UN economists expect corona crisis to drag FDI down; no recovery till 2022

Benchmark index falls 468.64 points to settle at 41,381.83

Producers have shut 293,656 bpd of oil output due to Hurricane Zeta

Pakistan asks IMF to relax mini-budget, tariff hike conditions

Thaver appreciated SBP for widening the definition of SME sector by including the emerging corporate sector

The rupee strengthened against the dollar at Rs161.05 in the inter-bank market

Due to government’s lack of focus on agronomy, country is now importing wheat and sugar

Asks SBP to stop sending exporters notices for not realising proceeds

Companies report significant growth in earnings for first quarter of FY21

Committee fails to agree on Rs1,000-per-bag fertiliser subsidy

Commerce ministry official stresses need for boosting export of services