Business

Benchmark index declines 1.6% to settle at 44,724.09

Covid-19 pandemic clouds prospects for demand recovery

Central bank cites no reason for increase

Payments to be halted in wake of probe into excess profits of IPPs

Industry stakeholders hint at inevitable price hike for consumers

Company looks to trim costs, invest more in research capabilities

Aims to more than double deliveries of electric vehicles to one million this year

Raises prospects of overall economic growth of more than 2.5% this year

Trend suggests gradual return of imbalances in foreign trade

Stress heavy taxes threaten country’s textile exports

Islamabad says candidates for post of member finance did not meet eligibility criteria

Expert says Pakistani businessmen can make huge profits

The rupee strengthened against the US dollar at Rs156.7 in the inter-bank market

The State Bank of Pakistan (SBP) has advised all banks to develop digital portals for end-to-end digitalisation

Brent was down $1.10, or 1.6%, to $67.78 a barrel

Several European states have paused use of AstraZeneca’s Covid-19 vaccine due to worries over side effects

Benchmark KSE-100 index climbs 593.25 points to settle at 45,450.31

Under first phase of reforms, subsidy for 8m consumers will come to end

Advises business community to strive for value addition

Rise comes on back of growth in imports due to reopening of global economies

It is aimed at curtailing losses, improving recoveries over three-year period

Closes at 156.99 against dollar on back of higher foreign currency inflows

Seeks cabinet’s approval for extension in additional charge of chairman

FCCI chief stresses need for improving industry-academia linkages

The transport project will ensure better services for passengers

NPMC reviewed the price trends of essential commodities, especially wheat flour, sugar, tomato, vegetable ghee

Oil prices slipped on Monday after Brent hit $70 a barrel

Petrol and diesel prices will remain unchanged for the next two weeks

Germany, France plan to suspend AstraZeneca Covid-19 vaccinations, deepening concerns about economic recovery

Benchmark index advances 90.47 points to settle at 44,857.06

Foremost condition for poverty alleviation is sustained economic growth

Critics will argue autonomous SBP cannot help in achieving economic growth

Rise in PIB yield, Consumer Price Index point to higher inflation scenario

Experts estimate annual global revenue loss of $200b as result of abuse of tax havens

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AI, Internet of Things emerging as game changers in impacting the way businesses operate

Benchmark index skyrockets 978.51 points to settle at 44,766.59

Market believes global oil demand is rebounding as US Covid-19 death toll decreases

KSE-100 index dives 2,049 points as economic, political concerns weigh

Analysts say US stimulus package helped drive price of the virtual currency

Draft follows complaints about business practices of big online companies

Contract was awarded to monitor production of four tax evasion prone sectors

Say import of three crops cost exchequer nearly $2b from July-February FY21

BOI grants admission to MG JW Automobile Pakistan in JW-SEZ Raiwind

Terms it vital to ensure food security across globe

Approves increase of up to Rs1.97 per unit for three quarters

Two sides stress need for promoting bilateral economic, trade linkages

Petroleum Division will call meeting of all stakeholders; move likely to remove price distortion

Meeting discusses electricity prices and strategy to reduce circular debt

Benchmark index soars 1,008.32 points to settle at 43,788.08