Business

Benchmark index falls 661.3 points to settle at 43,221.78

IMF cut growth outlook for US, other major economies on worries of supply chain disruptions

Capacity of planned projects soared to 111m tonnes a year as of Sept 2021

Money to be spent on cleaner energy to achieve carbon neutrality goal by 2050

Authorities from Beijing to Delhi scrambled to fill a yawning power supply gap on Tuesday

It is not interesting, it is niche; that is how big the numbers are,” Carney said

Expert calls for extending social protection to informal workers

Consumers to pay more as average spot price goes up in global market

Say it will adversely impact ease of doing business

Govt support will help increase investment, create large number of jobs

Vehicle demand rises due to lower financing cost

Drop comes in wake of global commodity price hike that lifts demand for dollar

Benchmark index edges up 53.73 points to settle at 43,883.08

OPEC+ decides to stick to plans to restore output gradually rather than boost supply quickly

Withdraws instructions to bar taxmen from taking money without prior intimation to account holders

The rupee has maintained its downturn since hitting 22-month high of Rs152.27 in May 2021

Decision deferred due to disagreement over quantum of subsidies on gas, electricity

Calls for ensuring data security, one-window operations

Directs authorities to focus on attracting Chinese investors to SEZs

Move aimed at promoting investment by firms in renewable energy solutions

Growing concerns wiped off 17% market capitalisation in past four months

Alico of US will receive proceeds of sale of its shares in Pakistan

Envoy suggests Pakistan should do branding of its products, export directly

Exporters reluctant to finalise export orders due to cotton yarn shortage

Officials propose subsidy to cover gap between RLNG cost, price agreed with industry

Decision comes weeks after tonnes of heroin worth billions seized from two containers at western Gujarat's Mundra Port

Increase in vaccinations, revival in economic activity lift prices

Govts have faced challenge of increasing taxpayers but there has been no success

Benchmark KSE-100 index falls 647.89 points to settle at 43,829.35

Average prices of export goods have declined, which has deepened payment crisis

Despite positive steps, motivation for implementation of tobacco control measures may be waning

Restrictions will break export growth momentum, send negative signal to foreign buyers

Challenges related to real, external economy will persist throughout fiscal year 2021-22

TSMC has been concerned about the concentration of chip-making capability in Taiwan

Volume production at the plant would amount to about 5,000

Britain wants comprehensive agreement that breaks down trade barriers

ICCI president says Pakistanis in Italy sent record high remittances

Say economic policies cannot deliver results without private sector participation

Allocates Rs2b for project that will be completed in 6-8 months

Three existing industrial estates have insufficient space for new factories

Analyst terms early expansion plans threat to industry

Investors fear rising fuel cost can drive up inflation, erode profit margins

Georgieva accused of manipulating data in favour of China while working at World Bank

LNG import terminals, to be built in 12-15 months, will help cope with gas crisis

Weak macroeconomic cues, rupee depreciation dent confidence of market players

IMF asks Pakistan to withdraw Rs300b sales tax exemptions

Minister sees huge growth potential in sports goods industry

Say it will bring export-oriented sector to a standstill

Amount of Rs30.4b will be recovered from consumers under fuel cost adjustment

Page contains information about ‘Mera Pakistan Mera Ghar’ scheme