Business

Benchmark index falls 75.79 points to settle at 40,068.50

Decrease comes on account of SBP’s external debt repayment

Some European countries reviving curfews, restrictions to arrest rise in new virus cases

Wall Street set to extend losses as US policymakers fail to agree on stimulus package

Wall Street’s main indices opened higher on Wednesday, supported by heavyweight technology stocks

Committee had also decided to seek briefing on an Indian application to EU for the registration of GI

The rupee strengthened against the dollar at Rs163.48 in the inter-bank market on Wednesday

Prime minister has sought roadmap for policy implementation

Move aimed at recovering cost of re-gasified liquefied natural gas

Improvement in bank advances indicates businesses are gradually reviving

Lawmakers complain about discrimination in execution of projects

Lender projects gradual increase in revenues, reduction in expenditures

Terms it prerequisite for sustained economic growth, tackling challenges

ICCI president says lockdown has dealt blow to traders

Say move will add to burden on industries, make them uncompetitive in global market

CEO gives presentation to cabinet on revival strategy for the airline

Benchmark KSE-100 index rises 137.61 points to settle at 40,144.29

OPEC cut oil demand forecast, citing economic dislocations caused by virus

Country’s economy could grow by only 1%; inflation may cross above 10%

Women Expo-20 had also been planned in mid-December this year

The government has allocated Rs33 billion for payment of markup subsidy for financing over a period of 10 years

Better performing economy expected to leave positive impact on currency

Hiring comes after court directed govt to make appellate tribunal functional in 10 days

Cabinet members voice concern over inaccurate data of wheat production, shortfall

Economic activities in these regions funded by economically backward provinces

Forecasts worsening outlook for many emerging markets

Stresses no stamping will destroy domestic industry, promote smuggling

Mirza said China is a time-tested friend of Pakistan

Says FAO has assisted Pakistan greatly in anti-locust operations

Turkish experience provides insights into process of opening markets to competition

Benchmark index falls 0.51% to settle at 40,006.68

China bought 11.8 million bpd of oil in Sept, up 17.5% from Sept last year

Says bad governance, profiteering and climate change at heart of inflation

Power utility’s tariff would now be on a par with other power distribution companies

The rupee strengthened against the dollar at Rs163.81

NA body irked over vague procedure of surcharge, utilisation of funds

Demand to allow India to use Pakistan’s land route also hurts transit trade

All three automakers report month-on-month growth in sales

Project will cost Rs55.4 billion, about 147% higher than first revision

Inflows stand at $2.3 billion during the month, up 31% year-on-year

Minister says move will bridge gap between supply, demand of commodity

Non-residents cannot feed accounts with forex purchased from domestic markets

Work-from-home strategy has worked well for super app

PM nominates Finance Secretary Naveed Kamran Baloch for World Bank board

Benchmark KSE-100 index drops 588.61 points to settle at 40,209.82

Libya’s production expected to rise to 355,000 bpd after lifting of force majeure at largest oilfield

Pakistan recorded an inflow of $2.3b foreign currency in September

Big Data one of the best governance tools for resource-constrained countries like Pakistan

Economic challenges caused by pandemic adversely impact education, healthcare

Good corporate governance helps minimise crisis impact, absorb shocks, stay afloat