Business

Strengthens to 8-month high of Rs158.91 against dollar

Loan will take pressure off country’s foreign exchange reserves

Demands big industry status, better regulations

Investors view change as sign officials are ready to reassess policies to halt lira’s slide

CPEC’s second phase expected to generate more demand for cement, steel

Analyst term it game-changer, begin to see reversal of trends caused by pandemic

Benchmark index edges up 52.43 points to settle at 40,784.04

Prices come under pressure from renewed lockdowns in Europe to contain rise in virus cases

Electrical cooking and heating appliances, solar geysers can help slash gas demand

Faster economic recovery, lower food inflation depend on how agri-sector behaves

To increase industry’s contribution to GDP, share of engineering in LSM must rise

Young people better off doing freelance online work than getting private sector job

To change this, there is need to share stories of wealth creation without subsidy

‘Board aims to facilitate business activities’

The presidential decree was announced in the early hours of Saturday in Turkey’s Official Gazette

The US company did not disclose the size of the deal for retail operations involving more than 90 stores

The tie-up plan has already been cleared by several antitrust authorities around the world

Urges cabinet to notify TDAP as registrant body to support case against India

Pakistan is producing surplus electricity as according to the Economic Survey of Pakistan 2019-20

It will allow govt entities, merchants and consumers to make swift digital payments

Highlights measures taken by SBP, stresses dialogue on economic measures

Levies on imports come in retaliation for US subsidies for planemaker Boeing

Extends upward trend following consumption rebound

Indian company seeks to stop interference in its $3.4b asset sale deal

Aggressive measures to combat pandemic may hit smaller companies

Improving economic indicators boost investor sentiment

Several officials say ousted governor held responsible for nosedive of lira, worst performer in emerging markets

Contribution by donor govts jumps 11% to $78.9b in 2018

Enters tense battle for share of fast growing digital payments market

Minister says it will help youth resolve socio-economic problems

Says research and acquisition of technology should be prioritised to increase productivity

Governor says central bank focuses on developing digital financial services

Power minister says new renewable energy policy will bring opportunities for investors

Country weighs options to secure more lending to maintain $12 billion foreign exchange reserves

Expect Biden’s victory to help Pakistan improve trade ties with Iran

Move comes despite concern expressed by Finance Division

It is 18% higher than current official price but 27% lower than market rates

Benchmark KSE-100 index dips 0.83% to settle at 40,731.61

Italy records highest daily number of Covid-19 infections, cases surge at least 120,276 in US

NCC-FFP reviews progress of power sector projects

The revision will relieve exporters from the current economic crunch in the post-Covid scenario

Collaboration between people and governments of two countries will continue to expand strengthen

SBP let the rupee depreciate massively in the inter-bank market

Requests KCCI to discuss matter with commerce ministry

Central bank gives no reason for increase in reserves

LCCI official says presence of Iranian financial institution in Pakistan can boost trade volume

Gross revenues decrease but expenditures grow at double-digit pace

Says broadband expansion can be incentivised through concessions

Asks for workable plan to widen export base, meet production target

Decides to appoint two directors general for separate entities