Business

Finance Division working on hedging options to take advantage of low crude prices

Estimates debt level will swell 100% to Rs47.6tr in five years

SBP instructs banks to waive all charges on fund transfers through online banking channels such as IBTF

Engineers and other staff would be quarantined for 14 days before being sent to construction sites, say officials

Decline comes due to repayments related to external debt, Hajj and other official payments

Aims to spur infrastructure investment, backed by local government special bonds

Analysts say gains are likely to be temporary due to tumbling demand, collapse of OPEC+ deal

Saudi Arabia calls for extraordinary G20 leaders' summit next week

General Motors, Fiat Chrysler and Ford will halt operations throughout North America

ECB's Pandemic Emergency Purchase Programme aims to give financial markets much-needed liquidity

As of Thursday, Sindh reports 245 COVID-19 cases, Balochistan 81, Punjab 78, K-P 23, G-B 21, Islamabad 5, AJK 1

Benchmark index decreases 0.94% to end at 30,129.83

Division submits report to PM Imran Khan on losses incurred by PIA, CAA

However, cumbersome procedures for public procurements need to be waived

Officials say lockdown in foreign countries may impact supply of raw material to Pakistan

Expect higher oil imports, low demand in wake of coronavirus pandemic

Big businesses bearing the brunt of very high interest rate

Deficit contracts to $2.84b mainly due to significant drop in imports

Decline comes on back of overall slowdown in economy

Move aimed at reducing need to visit bank branches or ATMs

Industries ministry withdraws summary for import of 300,000 tons of sweetener

STOXX 600 index sinks 4.6% and goes back towards near seven-year lows

Plunge comes as fuel demand darkens with travel, social lockdowns

Benchmark index loses 6.75% to close at 30,416.05

Federal cabinet approves 3% GDP growth target, inflation target set at 8.4% for FY21

Petroleum Division engages in consultation to cut UFG level, return on assets for gas utilities

Exporters ask govt to come up with supportive measures on a war footing

Airline drafts three scenarios to assess impact of coronavirus

Funds will enhance capacity of resources-deficient public hospitals and labs

Emergency central bank rate cuts globally have only added to investor panic

Move comes after some bourses around the world closed trading floors or paused trade

Factory closures around the world will interrupt deliveries of parts needed to keep car production going

Move in line with expectations due to low inflation outlook, combating virus impact on economy

Benchmark index loses 1,067 points to close at 32,616.93

US, other countries plan to take advantage of low oil prices to fill storage tanks

Lender agrees that spending on coronavirus not to be counted for budget deficit target purposes

In total, committee gave go-ahead to six projects worth Rs101 billion

Jump comes on back of inflows into telecom sector due to licence renewal fee

Fee will come down if hurdles to import by private sector are removed

Precious metal closes at Rs89,000 per tola

It will be in backdrop of low inflation outlook, coronavirus fears

Cut in interest rates by Fed adds to alarm while traders worry pandemic is paralysing supply chains

Investors dump hard assets in favour of cash after US rate cut failed to stem coronavirus-led sell-off

Main European bourses plunge nearly 8% in brutal opening trade

Borrowing rate cut to a range of 0-0.25%, where it was during the 2008 global financial crisis

Emergency rate cuts by US Federal Reserve, global counterparts fail to tame markets

With growing concerns that the world will be catapulted into a damaging recession

KSE-100 dives 2,376 points amid plunge in global markets, growing pandemic fears

Air pollution is enough reason to embark on path to change that will save lives

India is pressing Qatar to renegotiate LNG prices, which may benefit Pakistan as well