Business

Increase in exports not sufficient to match surge in imports

Secretary says govt working on payment gateways to resolve industry issues

Committee will formulate criteria to approve new connections for industries

System will facilitate transfer of dividends to bank accounts of investors through CDC

UBS raised its forecast for Brent oil prices to $60 per barrel by mid-year

Area to be used for setting up technology zone to boost IT sector

Benchmark index advances 191.12 points to settle at 45,344.54

Unrest at US Capitol by President Trump’s supporters appears to have little impact

Increase comes due to official inflows of government

FIA conducts raid, finds suspects involved in illegal business of money transfer

A trade deal struck between Britain and the EU, which came into effect on January 1, did not cover financial services

Arrangements are in final stages for the provision of telephone, internet and cable services in Gilgit-Baltistan

Rupee strengthens against dollarThe rupee strengthened against the US dollar at Rs160.29 in the inter-bank market

ICCI says tough laws discourage potential taxpayers from entering tax net

SBP says move to new emission standards expected to affect refineries, auto sector in short to medium term

Energy minister discusses cooperation with UAE and Saudi Arabia

Review prospects of free trade agreement between two countries

Waives additional 2% duty on 152 tariff lines, endorses more wheat import

Dip comes as markets price in Democrat win in US Senate election

Will assess compliance with obligation of not charging investors with undue costs

Urge govt to devise policies to facilitate stakeholders in exploring avenues

Says focus on untapped markets can help to increase regional trade integration

Benchmark KSE-100 index soars 502.99 points to settle at 45,153.42

Earlier in session, Brent crude rose to about 11-month high

The rupee weakened against the US dollar at Rs160.32 in the inter-bank market

APTMA Punjab chairman says textile industry functioning at full capacity

Brent crude futures rose $2.15, or 4.2%

Value-added textile sector says product in local market is of substandard quality

Privatisation ministry actively pursuing matters to achieve targets

Importers likely to reap big benefit; domestic producers reject proposals

SBP report says business confidence turns positive; growth is promising

Spike in demand for furnace oil drives growth

Covid vaccines weaken expectations for gold gains

Ask two nations to review policies to improve mutual trade, economic ties

Privatization ministry places recommendations before cabinet body for approval

Benchmark index falls 36.03 points to settle at 44,650.43

Saudi Arabia argues against pumping more because of new lockdowns that are likely to limit demand

In wake of pandemic, more people turned to remote working, digital payments and online shopping

Bitcoin lost ground from a record high of $34,800 touched a day earlier

The number of filers has further increased to 2.316 million

The rupee weakened against the US dollar at Rs159.98 in the inter-bank market

Finance minister directs commission to present implementation plan within week

Say proper planning should have been done; urge strict checks on theft

Exports, however, drop for second consecutive month

Officials urge traders to identify new products to ensure presence in Argentine market

CDWP approved concept clearance paper for K-P project

After tumbling by as much as 5%, shares mostly recover by end of trading

Earlier in session, crude benchmarks rose and fell $1 per barrel

London’s automatic access to EU financial markets comes to end

Benchmark index advances 0.57% to settle at 44,686.46