March 30, 2021: Most Asian markets extended gains Tuesday following another record on Wall Street though investors remain torn between vaccine-fuelled optimism over the economic outlook and fears over a surge in inflation
March 29, 2021: World oil prices eased on Monday as traffic resumed on the Suez Canal after a massive container ship blocking the waterway was freed. The Suez Canal Authority said the Ever
March 29, 2021: Pakistan Tehreek e Insaf (PTI), Senator Shibli Faraz on Monday hoped that new economic team of Prime Minister would take all possible measures to provide relief to common man. In
March 29, 2021: The Chairman, Securities and Exchange Commission of Pakistan (SECP), Aamir Khan, reiterated SECP’s commitment for outcome-based regulation by reducing regulatory burden, simplification of laws and optimal use of technology. He
Mar 29, 2021: Federal Government has released Rs. 492.772 billion out of total allocation of Rs 650 billion for various ongoing and new social sector uplift projects till date under its Public Sector
March 29, 2021 (MLN): The Prime Minister Imran Khan on Monday, showed his concern on shortage and escalating cotton yarn prices in the country during a meeting. Taking to his twitter handle, Commerce
Mar 29, 2021: Pakistan and Denmark Monday formed a Joint Technical Working Group (JTWG) aimed at framing the Terms of Reference (ToRs) for Government-to-Government agreements in the field of energy. The JTWG was
March 29, 2021 (MLN): The prospects of economic growth for the current fiscal year are showing visible signs of improvement, however, the third wave of the pandemic is posing some downward risks, said
March 29, 2021 (MLN): The Federal Board of Revenue (FBR) on Friday stated procedures for industrial units operating in tribal areas to control the movement of tax-exempt goods from non-tariff areas to taxable
March 29, 2021: Governor State Bank of Pakistan, Reza Baqir says all out efforts are being made to improve economy and exports of the country. In an interview with a private news channel,
Mar 29, 2021: Asian markets mostly rose Monday, extending last week's positive finish and tracking a record-breaking lead from Wall Street as investors turn their focus to the economic recovery. A below forecast
March 28, 2021 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. Pakistani Rupee strengthened by 1.4 rupees
March 28, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in
Market Data and Economic Indicators Weekly Performance Mar 26, 2021 Mar 19, 2021 PKR InterBank 154.5867 155.9724 KSE100 Index 45,521.63 44,901.31 Avg Daily Volume 462,521,156 482,602,891 Gold (Karachi) Rs/10 gm 91,607 91,907
March 26, 2021 (MLN): The total deposits held by Commercial Banks have shown a robust growth of 16% YoY to Rs 17.25 trillion in February 2021. While, on monthly basis, commercial banks’ deposits
July 18, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.01% during the week ended Jul 16, 2020 while the SPI increased by 10.29% compared to the corresponding period
July 17, 2020: Spokesperson Ministry of Energy has said that there is no power shortfall in the country and 23,000MW electricity is available against recorded demand of 22,566MW. In a statement on Friday, he said
Jul 17, 2020: Minister for Power Division Omar Ayub Khan on Friday informed National Assembly that the government was working to improve the distribution system for the smooth supply of electricity throughout the country. Responding
July 17, 2020 (MLN): The imports of Agriculture & Other Chemical Products witnessed a decline of 16% during the outgoing fiscal year FY20 to $7.35 billion compared to $8.75 billion in FY19. According to the
July 17, 2020 (MLN): The Ministry of Commerce is considering to develop a transshipment policy. Taking to his twitter handle on Friday, Advisor to PM for Commerce and Investment Abdul Razzak Dawood stated that a
July 17, 2020 (MLN): It is disturbing to see that the trade volume of textile exports has declined by 6% to $12.52 billion during FY20 as compared to $13.327 billion in the corresponding period of
July 17, 2020 (MLN): The trade volume of food exports decreased by 5.33% to $ 4.361 billion, contributing 20.38% of the total exports during FY20 when compared to $ 4.607 billion recorded in FY19. The
July 17, 2020 (MLN): NEPRA has clarified news items that appeared in various media channels and social media that it has set up a temporary office at Karachi to register over-billing complaints. In a notification
July 17, 2020 (MLN): In the month of June 2020, export receipts from Petroleum group & coal have been recorded at $23 million, showing a significant increase by 49.8 times when compared to exports of
July 17, 2020: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has directed the FBR to make payment of all Income Tax refunds of up to Rs 50 million in
July 17, 2020: Prime Minister Imran Khan has directed to formulate a comprehensive plan to provide relief to LPG consumers. He was chairing a meeting in Islamabad yesterday to review issues related to the gas
Jul 16, 2020: Sindh Minister for Energy Sindh Imtiaz Ahmed Shaikh has recommended to design and run 660 Megawatts Jamshoro Power Company Ltd (JPCL) plant-II on Thar Coal in order to generate 100 percent power
Jul 16, 2020: Investment and savings for the fiscal year 2020-21 is expected to increase slightly to 15.5 percent of GDP during the fiscal year 2020-21 and help achieve sustained and inclusive growth keeping in
Jul 16, 2020: The government has planned to start import of high grade petrol and diesel during the current fiscal year aimed at tackling the environmental issues and meeting requirements of high-tech vehicles in the
July 16, 2020: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved 4 projects worth Rs 289 billion. These included Sukkur-Hyderabad Motorway, Hoshab-Awaran-Khuzdar section of M8, Swat Expressway Chakdara to Fatehpur section
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