Business

Increase in domestic production by 50% can mitigate impact of lofty crude prices

Fiscal stimulus jacks up Pakistan’s GDP but also contributes to demand-side inflation

Omicron variant have forced several US airlines to cancel flights as pilots and crew quarantine

Ambassador reaffirms Warsaw’s support for inclusion of Pakistan in GSP plus scheme

Disruption comes due to technical faults at Bhit, Sawan gas fields

Says Muscat can offer Pakistan easy access to Saudi Arabia, other regional countries

Market terms it detrimental for IT sector’s growth, demands reconsideration

Stability in local currency, export growth drive uptrend

Equities registered rise during past rate-hike cycles

Chairman says Pakistan achieved self-sufficiency in Moong production

Rise comes on back of low cost investment schemes, lending targets

Study reveals region provides ample opportunities to growing technology sector

Claims shoe brand tampering with POS system; retail chain alleges harassment

Decision comes before board meeting that may not discuss bailout revival

SPI for lowest income group decreased 0.28% compared to previous week

On December 29, 2021 the rupee hit an all-time low value of Rs178.24

Says billions invested to increase connectivity through 3G, 4G modes

Official hopes it will contribute more to development of modern agriculture

Minister blames Sindh, saying province not sharing data to track movement

International group begins investing in local subsidiary

Benchmark index adds 263.35 points to settle at 45,345.65

Brent and WTI crude on track for gains of almost 6.5% in first week of 2022

Strategy group suggests constructing positive narrative of economy

Central bank gives no reason behind the decrease

SBP has injected $1.2 billion into inter-bank market to defend rupee in ongoing fiscal year

Chairman calls for measures to enhance two-way trade to $1 billion

Say banks reluctant to issue export forms for trade with Turkey via cargo train

Disbursements for Mera Pakistan Mera Ghar scheme increase Rs38 billion

Traders decry harassment from tax-collecting authorities

Govt fails to get NOC for gas supply to PSM’s new subsidiary

Petroleum committee seeks reasons for delay in imports at time of gas shortage

Benchmark index sheds 325.59 points to settle at 45,082.3

Both contracts trading at their highest since late November

Central bank gives no reason behind the decrease

Levies will discourage shift to electric vehicles as opposed to trend in world

Despite administrative measures, govt fails to control runaway imports

Says cryptocurrency has 20% share of store of value market

SBP has injected $1.2 billion into the inter-bank market to defend the rupee

Ink agreements to set up industrial units in province

The two sides discussed matters pertaining to mutual cooperation in water and hydropower sectors

However, expresses concern over slight rise in sugar rates

SBP amends regulations to improve inflow of foreign exchange

Takes decision as banks lend money at high rates for laying gas pipeline

Following the hike in sales tax to 17%, the tax on feed will rise by Rs900 per ton

Benchmark index adds 17.05 points to settle at 45,407.89

Group of oil producers projected to struggle to reach target

Viscosity-level lubricants with API SN and SP ratings will be available at all 35 PROTON dealerships nationwide

Dismisses bureaucracy pressure to hire inexperienced candidate for technical job

Textile industry says planned move will dent exports, widen trade deficit

The rupee had been on the downtrend since hitting a 22-month high