Business

Benchmark KSE-100 index falls 293.99 points to settle at 39,577.62

OPEC+ raising output this month by adding 1.5 million bpd of supply

For Pakistan World Bank appoints country director

ICCI president voiced hope that the people engaged in the construction industry would benefit from the package

The rupee weakened against the dollar at Rs167.47 in the inter-bank market on Monday

Observes violation of Rules of Business by economic decision-making body

Industry says it is suffering losses of millions of rupees every day

Anticipates 27% decline in inflows due to global lockdowns, loss of jobs, drop in income

Increase comes on back of surge in food and petroleum product prices

Devastation in their job markets illustrates contrasting economic response to pandemic

Plans to raise quality standards of imports, impose quantity restrictions

Gold prices retreat from record high after profit-taking, dollar’s strengthening

Talks under way for supply of aircraft to carry out aerial spray in locust-affected areas

Benchmark index rises 613.17 points to settle at 39,871.61

Positive manufacturing data in Europe, Asia caps losses

Decision defies expectations that prices would remain stay put

Corporate Corner Samba Bank, NIFT join hands

SPI for the combined income group surged 10.10% compared to the corresponding week of previous year

Writes letter to Planning Commission, seeking relief in levies

Move may lead to another food security issue in country

Regret no information has been received about claims months after filling Annexure-H

Farmers, govt and semi-govt organisations can avail facility

Leads to low industrial, agricultural output, which hinders growth of businesses

KSE-100 gains 1,651 points on positive news flow, declining Covid-19 cases

Tweet from Trump suggesting delay in elections also jolts investors

Cuts will involve around 1,500 compulsory layoffs from workforce of 33,000

Coronavirus cases force agonising trade-offs between lives, financial health

Risk of renewed lockdowns raises chances of reversal of any rebound

Orders FBR to file compliance report in 45 days; notes system's failure reflects officials inefficiency

Decision based on ‘unusual consumption pattern’

Corporate corner Bank Alfalah, NIFT collaborate

Reducing losses Exxon to cut jobs to save dividend

The IMF has asked Pakistan to end state control of the rupee

Central bank attributes decrease to external debt repayments

Revenue authority also initiates action against tainted employees

Says MNCs are not interested in introducing new technology in Pakistan

Increase comes on back of recent round of rupee depreciation

SBP claims target can be achieved if govt ensures utilisation of budgetary funds

Investor sentiment further dented by news of possible delay in US election

Move causes trouble for OPEC as it awaits demand to recover swiftly

Earnings per share of company stand at Rs2.91 in Apr-Jun quarter

Govt is implementing plan covering privatisation of distribution system

Benchmark index rises 422.17 points to settle at 39,258.44

Potential hit to demand comes as OPEC+ is set to step up output in August

Central bank attributes decrease to external debt repayments

Twelve foreign missions found involved in selling duty-free vehicles

This category recognises brands for efforts to effectively reach its target audience

The USF CEO told the minister that 75% work had been completed on the project

The IMF has asked Pakistan to end state control of the rupee

Move aimed at addressing volatility in petroleum product prices