Business

Prime Minister Imran Khan approves increase of Rs2.70 per litre in petrol, Rs2.88 per litre in high-speed diesel

PSM has received staggering Rs334b from taxpayers’ money over past 15 years

Hits three-year high growth in share prices with 16-year high trade volume

Mexico in 2020 suffers worst slump

United Airlines sends warnings

Commissioner says a number of excellent theme-based ETFs are in pipeline

Stakeholders say levy is counter-productive for dealers and distributors

These include individuals and firms that did not submit annual statements

Index rises 518 points as investors cheer monetary policy status quo

Urges business community to join hands with Sindh govt under public-private partnership

Some investors worry stocks driven by small traders may be signs of over-exuberance

Influential lobby places members on board of distribution firms against merit

Says it is working with other regulators and stock exchange to monitor potential wrongdoing

The rupee strengthened against the US dollar at Rs160.1 in the interbank market

Observers confident for long-term prospects of prices as planet emerges from lockdowns

Honorary consul says business-tobusiness exchanges can lift bilateral ties

Average prices of 18 items rose in a selected basket of goods

Govt assures industries supply will be cut off only when alternative energy solution is provided

Delay caused by govt's inability to finish construction of transmission lines in time

Anti-corruption watchdog raises questions over exploration activities

Collects Rs20b more than target on back of higher collection of indirect taxes

Benchmark index advances 219.49 points to settle at 46,385.54

Saudi Arabia is set to cut output by 1m bpd in February and March

The assistant foreign minister hoped that the forthcoming meeting of ministerial commission would be instrumental

The rupee strengthened against the US dollar at Rs160.28 in the inter-bank market

Seeks government commitment of natural gas at concessionary rates

Central bank cites no reason for decrease

Pakistan signs $49m deal with Exim Bank of Korea

Bank has opened doors for conglomerate to evaluate its possible price

Cost to be paid out of funds released under PM’s Rs50b relief package

Lack of platforms to boost local content is major missing link

Promotion of aquaculture stressed

Authority chairman stresses need for projecting corridor as regional connectivity initiative

Increase will help recover shortfall in estimated revenue requirement for FY21

Financing will be utilised for expansion of its tyre, tube manufacturing capacity

Huge 10m-barrel decline in US crude inventories supports prices

Benchmark index falls 292.08 points to settle at 46,166.05

Central bank cites no reason for decrease

PTA has issued directives to the cellular mobile operators (CMOs) to improve network coverage

The rupee strengthened against the US dollar at Rs160.54 in the inter-bank market

Says it is imperative to increase cotton output for economic development

Saves $1b in revenue from export of Basmati rice to European Union

Eyes Pakistan’s dairy sector to help enhance farm income

Aims to reduce country’s heavy reliance on import of energy

Initiative will support Pakistan’s efforts to deal with economic, social challenges

Significant fall in net sales drives decline in earnings

Reserves judgement on petition seeking tariff hike of Rs1.81 per unit for Dec 2020

Reports earnings of Rs751.8m in quarter ended Dec 31, 2020

Petroleum Division suggests setting rates comparable with other ports in region

Benchmark KSE-100 index gains 170.75 points to settle at 46,458.13