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Market watch: KSE-100 extends losses on lack of positive triggers
Benchmark index sheds 183.92 points to settle at 46,721.87
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Brent oil hits $60 as supply cuts, stimulus hopes boost prices
Both contracts rose to their highest levels since January 2020
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Let’s focus on big industries
Innovation is the key to bringing changes to production, marketing practices
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Are GDP growth prospects bright?
Despite many positives, LNG crisis and fiscal deficit can decelerate economic progress
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Neglect of agriculture sector to stall recovery
Forex reserves will come under pressure due to imports; exporters will face headwinds
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TPA, competitive gas market issues
Any advance long-term pipeline capacity allocation will be violation of principles
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Time to extend hand of peace
Best way to achieve long-term peace will be through trade, starting with this region
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Denmark moves on ‘energy island’
Parliament adopted a political environmental framework aimed at reducing the country’s CO2 emissions by 70% by 2030
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Aircraft lessors to vote on restructuring
The lessors are among 40 creditors to which the airline owes 16 billion ringgit ($3.9 billion)
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SPI increases 0.53%
SPI increases 0.53%
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IMF chief seeks more help for low-income countries
Says 50% of developing countries are at risk of falling behind
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Uncertainty irks EV investors
Non-issuance of SROs for customs duty, sales tax are affecting potential investment
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Govt omits key data from debt report
Finance ministry says it has shared more information than required under law
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Govt to end discounted tariff for fertiliser firms
Will review gas tariff for entire industry to ensure level field for all players
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Bank of Italy stresses need for unity to grow
Country’s debt is expected to approach 160% of domestic output at end of this year
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Investors eye potential market stress
Worry wild swings in some stocks may have exacerbated concerns over market volatility
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Construction sector takes off
Officials say ease of doing business remains an issue for foreign investors
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South Korea eases curfew on businesses outside Seoul
The authorities impose increasingly rigid social distancing rules as they fight the latest wave of the epidemic
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Businessmen demand GI tag for Pakistani products
Products which secure GI tag get better prices in international market
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Businessmen asked to settle tax disputes
SAARC CCI chairman says out of-court settlement offer will help resolve disputes
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Pakistan should make plans to tap Libya
Envoy-designate says we can fulfil Libya’s agriculture, cereals and textile related needs
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Sugar prices to remain high on fall in production
Leading manufacturer says decline in new stock, increase in production cost will affect rates
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Pakistan takes steps to boost bamboo production
Decides to become full member of global body to balance out India's role
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New goods clearance system launched
Scheme will help slash clearance time, facilitate trade, improve supply chain
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Govt misses tax reform targets
In last 2.5 years, out of 10 promised targets, only one has been fully achieved
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Oil hits highest in a year on growth hopes, OPEC+ cuts
Vaccine rollout fuels hopes of easing of lockdowns, boosting oil demand
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Minister sets ball rolling to fix NFC award mechanism
Fehmida says fruits of 18th Amendment have failed to reach people
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OGRA jacks up RLNG prices
There is a $0.8883-per-mmbtu increase in the sale price of imported RLNG
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Pakistan, Uzbekistan to negotiate PTA
Dawood says a trans-Afghan railway project was also discussed in a well-attended conference
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs159.98 in the inter-bank market
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SBP reserves rise $33m to $13b
Central bank cites no reason for increase
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CCOE refuses to endorse IPP deal in haste
Members say they were not sent summary for review, asked for time to examine document
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President Alvi calls for promoting innovation
Says it is fastest way for Pakistan to become knowledge economy
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Power consumers may face Rs1.95 per unit hike
NEPRA reserves judgement on petition seeking to apply uniform tariff
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Each Pakistani now owes Rs175,000
Fiscal Policy Statement shows per person burden increased Rs21,311 in one year
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‘Diamer-Bhasha dam to change fortune’
WAPDA chief says confidence-building measures in project area will alleviate poverty
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Volkswagen demands boost to Europe chip sector
Global semiconductor shortage has highlighted dependence on foreign players
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BoE cuts growth outlook despite vaccine rollout
Slashes 2021 gross domestic product growth forecast to 5% from 7.25%
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Retail sector adopting technology
Aims to modernise back-end operations and manufacturing, warehousing processes
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Market watch: KSE-100 ends marginally down amid sell-off
Benchmark index falls 27.84 points to settle at 46,905.79
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Oil gains on continued OPEC+ output cuts, US stocks draw
OPEC expects output reduction to keep market in deficit throughout 2021
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Foreign exchange: SBP reserves rise $33m to $13b
Central bank cites no reason for increase
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Saudi Arabia, UAE retain $2b financial support
Development seen as thaw in ties with two key Gulf nations
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Cotton production drops 34% in FY21
Govt’s negligence towards major cash crop has heavily affected country’s economy
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Sugar mills pay 80% more in taxes: FBR tells PM
Imran Khan expresses displeasure over delay in undoing amendment in FBR rules
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Ant Group agrees on restructuring
The plan calls for putting all of Ant’s businesses into financial holding company, including its technology offerings
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Rupee weakens against dollar
The rupee weakened against the US dollar at Rs160.19 in the inter-bank market
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ECC removes Mari’s dividend cap
Move aimed at selling 18.4% stake in company
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Private firms setting up LNG terminals seek waivers
Have sought guarantees and exemption from regulatory approvals
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Ministries seek time to remove hurdles in CPEC
Federal and provincial bureaucracy unable to meet expectations of political leadership
















































