Business

Benchmark index drops 116.68 points to settle at 42,530.67

Both crude benchmarks are down 6% for the week

Overall, liquid foreign currency reserves, including net reserves held by banks other than SBP, stood at $19,961.3m

The rupee strengthened against the dollar at Rs166.39 in the inter-bank market

Want to ink PTA for increased market access to each other’s products

Say shipments rose in July due to dispatch of piled-up orders

Imam discusses priority areas for agri-development over three years

Power Division seeks waiver to avoid expensive electricity production

FBR policy board discusses proposal to carve new legal structure

Leading rice exporters arrange training workshop to raise awareness among women and rice millers

Car sales increase 16% to 11,678 units in August this year

LSM output drops Businessmen call for review of policies

Experts say it provides opportunity to expedite adoption of e-commerce

US crude stockpiles rise 3m barrels with coronavirus cases increasing in several states

Increase comes on back of $121m proceeds from ADB

Benchmark index rises 625.10 points to settle at 42,647.35

KE teams have initiated consultation with international information security experts

HBFC will facilitate the employees of iTecknologi to avail housing finance facilities across Pakistan

Consumers would benefit from innovative products as it renders financial security and financial well-being

Senate chairman Sanjrani says Gwadar offers great prospects for businessmen, investors

IMF has asked Pakistan to end state control of the rupee

President Dr Arif Ali says will launch projects exclusively for industrial zones under the Karachi package

FPCCI body convener urges authorities to take notice of backlog at Port Muhammad bin Qasim

Federal govt refers matter of 799 illegal appointments to institutional reforms panel

Federal Board of Revenue offers simple one-page income tax return form after failure of amnesty scheme

Pakistan, European Union agree to boost cooperation

Experts urge PTI govt to target micro, small farms in formal, informal sectors

State Bank of Pakistan working on schemes for agriculture, female entrepreneurs, digitalisation

Approves increase of 20% in electricity prices for export-oriented sectors

US investment climate report says significant progress made on exchange rate, current account deficit

Rebound in Covid-19 cases in some countries undermines hopes for demand recovery

Benchmark KSE-100 index edges up 37.06 points to settle at 42,022.25

IMF has asked Pakistan to end state control of the rupee

Tax details break myth that manufacturing sector contributes more than its size

Three ships have docked, two are on way to Karachi

IT ministry says move will build confidence of public and private sectors

Fitch Ratings says a possible dip in foreign inflows, higher need for financing may hit credit ratings

Sharp sell-off in tech stocks also threaten to stall rally that jumped to near record highs

Envoy highlights various prospects to enhance bilateral trade, investment, JVs

PCMA chief stresses local production of chemical products to substitute imports

PPL MD says initial estimates show gas volume is close to one trillion cubic feet

Anticipates gas shortfall in three provinces in coming years

Benchmark index loses 310.56 points to settle at 41,985.19

New chief's focus will be ensuring uninterrupted power supply to consumers, according to official statement

Both crude benchmarks have dropped out of ranges they were trading in Aug

Centre eyes private sector’s role in mega development projects

IMF has asked Pakistan to end state control of the rupee

Businessmen bet on strengthening economic ties between Pakistan, United Kingdom

Fortescue Group chairman says they will create jobs, economic opportunities in Pakistan

Finance aide says PM Imran will announce second relief package in few weeks