April 1, 2020: Asian markets were mostly up Wednesday after suffering a diabolical first quarter, while traders weigh trillions of dollars in global stimulus with the prospect of lengthy lockdowns as the coronavirus
April 1, 2020: US crude was higher in Asian trade Wednesday but sentiment remained subdued as Saudi Arabia floods the market with oil and the escalating coronavirus pandemic saps global demand. Prices
March 31, 2020: The Oil and Gas Regulatory Authority (OGRA) on Tuesday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of April. According to the notification, the authority has
March 31, 2020 (MLN): The Federal Board of Revenue has further extended the date of payment of Sales Tax and Federal Excise Return for the tax period February 2020, up to April, 12,
March 31, 2020 (MLN): The arrival of the new month i.e. April 2020 might surprise many by bringing along much-awaited single-digit inflation numbers for the month of Mach 2020. If that happened, it
Mar 31, 2020: Inflation in the eurozone fell in March, official data showed Tuesday, reflecting a major drop in energy prices as oil demand plummeted because of the coronavirus outbreak. The inflation rate
March 31, 2020: The National Steel Advisory Council (NSAC) has called upon the Government of Pakistan regarding the current situation of economic meltdown and closure of businesses amid the Covid-19 outbreak, calling it
March 31, 2020 (MLN): The unrelenting oil price war between Russia and Saudi Arabia started on March 8, 2020 when the breakup in a dialogue between Organization of the Petroleum Exporting Countries (OPEC)
March 31, 2020 (MLN): Moody’s has said that Pakistan is one of the countries that might face persistent tightening in financing conditions, which in turn will increase its debt burdens, weaken debt affordability
March 31, 2020: European stock markets rose in early deals Tuesday, extending gains won in the previous session, as traders weighed up global stimulus efforts to tackle the economic fallout from the coronavirus.
March 31, 2020: The World Bank (WB) in its latest report urged East Asia and the Pacific (EAP) countries to act now to mitigate the economic shocks of Covid-19, which now caused a
March 31, 2020 (MLN): United Nation has called for 2.5 trillion dollars coronavirus rescue package for developing countries to boost their resilience to further hardship in wake of coronavirus threat. In an appeal,
March 31, 2020: Finance ministers and central bankers of the Group of 20 major economies will hold the second round of virtual talks Tuesday to push ahead of the coronavirus response, the Saudi
March 31, 2020: Oil prices rebounded strongly in Asian trade Tuesday a day after falling to 18-year lows, as investors took heart from moves by policymakers to support the coronavirus-hit global economy.
Mar 31, 2020: Asian equities enjoyed a strong start to Tuesday following another rally on Wall Street, while oil bounced, with traders welcoming a surprise jump in Chinese factory activity, though analysts cautioned
March 17, 2019: Pakistan imported medicinal product worth $656.092 million during the first seven months of current fiscal year, showing growth of 9.74 percent, when compared to the import of $597.844 million during the corresponding
March 17, 2019: The Gross Domestic Product (GDP) is expected to grow at an average of 5.4 percent during the next five years, with highest growth of 6.7 percent to be witnessed in fiscal year
March 17, 2019: Pakistan Standards Quality Control Authority (PSQCA) has issued around 27 licenses to the carbonated beverage companies for selling different kind of drinks during the last three years. The companies including Pakistan Beverages
March 17, 2019: As many as 3.41 million of Pakistani workforce were sent abroad for different jobs during the last five years, the data shared by Bureau of Emigration and Overseas Employment revealed. During this
The departed week remain satisfactory from an economic perspective, as the Chairman of Securities and Exchange Commission Pakistan (SECP), Mr. Farrukh Sabzwari together with the World Bank launched a Corporate Sector Report on corporate governance
ISLAMABAD, March 17: Pakistan is determined to start practical work on its section of the multi-billion dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project during the current year and complete it within the stipulated time frame. “Pakistan
Market Data and Economic Indicators Weekly Performance Mar 15, 2019 Mar 08, 2019 PKR InterBank 139.2795 138.5459 KSE100 Index 38,306.95 38,950.23 Avg Daily Volume 93,270,362 114,174,548 Gold (Karachi) Rs/10 gm 59,414 58,942 KIBOR 6M
March 16, 2019 (MLN): A mission from the IMF is expected to visit Pakistan next month to hold decisive talks on the bailout package. The Finance Minister, while addressing the media, said that there will
“There will be no raid on business premises and the show cause notices already issued in this respect will be withdrawn” this was stated by Dr. Jehanzaib Khan, Chairman Federal Board of Revenue (FBR) while
ISLAMABAD, Mar 16: The textile exports from the country witnessed an increase of 1.38 percent during the first eight months of the current fiscal year compared to the exports of the same period of last
KARACHI, Mar 15: Acting Managing Director of Sui Southern Gas Company (SSGC) Limited Mohammad Wasim on Friday assured that by the end of March 2019, gas supply to industries in Karachi would improve due to
March 15, 2019 (MLN): Adviser to Prime Minister on Commerce and Textile Abdul Razak Dawood has said that the government is committed to reverse the trend of de-industrialization. During a meeting with a delegation
March 15, 2019 (MLN): Pakistan’s Current Account Deficit fell by 59.22 percent to USD 356 Million in February 2019 compared to January 2019. According to data released by the State Bank of Pakistan, the July-Feb
March 15, 2019 (MLN): Prime Minister Imran Khan has said that Pakistan is facing worst economic crisis in history as Pakistan Debt has risen to Rs 30 trillion from Rs 6 trillion in last 10
March 15, 2019 (MLN): Pakistan’s weekly Sensitive Price Index (SPI) for the combined group has registered a growth of 0.19% in the week ended March 15, 2019, whereas compared to last year, the SPI has
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