Business

Novak says prices could climb to over $300 per barrel if US, EU ban imports of oil from Moscow

Decision largely in line with market expectations

It will cover cost of reduction in electricity and oil prices, Ramazan package

The rupee had been on the downtrend

Crude prices have spiked about 60% since start of 2022

Offers support for exploring African market

US, Europe exploring option of banning import of Russian oil

Over 65% respondents keen to inject fresh investment

Compared with a year ago, 12% more respondents are now worried about inflation

Digitalisation helps bring down age of earning

Baqir says SBP taking initiatives to break barriers, ensure women’s financial inclusion

Small group of experts expect SBP to increase the rate

Benchmark KSE-100 index plunges 1,284.38 points to settle at 43,266.97

Earlier during the session, both benchmarks struck their highest since July 2008

Govt fears data sharing with foreign agencies will infringe on national sovereignty

FDI, remittances, exports not enough to prevent current account deficit from rising to $11.6b

Owing to low level of savings, investment in export-related sectors is unsatisfactory

If Russia curtails oil and gas exports, Pakistan will also feel its impact

Low-grade fuel, especially diesel, used in transport sector causes most of the smog

Cut in fuel, power prices lift KSE-100 index amid geopolitical tensions

Concerns over conflict weigh on S&P 500

Both countries signed MoU for cooperation during PM’s visit to China

Suspension also applies to its money transfer tool Xoom

Growth in deposits of Shariah compliant banks crosses that of conventional banks

Demand it to set up body to bridge gap between SMEs, government departments

PM aide assures traders to resolve issues related to EOBI, Working Welfare Board

Official reveals Islamabad has introduced package of initiatives to promote industry

Troy, Michigan-based company’s stock has tumbled about 68%

Global lender says war in Ukraine was already driving energy and grain prices higher

Rouble lost a third of its value this week after Western sanctions were imposed to punish Russia for invading Ukraine

Rise comes due to spike in freight cost

The index for the group stood at 178.1 points against 177.88 points

Says Muscat has introduced new laws, privileges and facilities for foreign investors

Brent on track for highest close since June 2014

Plastic had replaced costly metals and it was being used to manufacture cheap industrial

Rupee hit an all-time low of Rs178.24 against the greenback

London Stock Exchange halts trading in Russian securities, insurers exit

Will analyse amendments required in policy to ramp up oil, gas production

Second CBEC will be held in Beijing from April 8 to April 10, 2022

States smuggling under Afghan Transit Trade has damaged business

Says govt facilitating sectors having immense potential to support economy

Benchmark KSE-100 index adds 25.63 points to settle at 44,551.35

Signs of escalation in the Russia-Ukraine conflict spook markets

Pakistan, Saudi Arabia ink agreements covering May 2020 to Dec 2021 period

ICCI president invites UK businessmen to explore joint venture avenues

Analyst says previous schemes failed because govt did not consider FBR fears

Crude surged close to $120 in early hours

Will discuss FY23 budget, impact of deviation from prudent economic policies

IT ministry official refutes claim, saying he attended meeting from start till end

Stand at 4.36m tons against 4.57m tons in same month of last year