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Dawn Business

@dawn_business

Your daily dose of business, finance and tech insights from Pakistan and across the world.

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linkhttps://www.dawn.com/business calendar_today14-09-2022 10:58:51

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India and Oman have annual trade of less than $13 billion, but the relationship is important for New Delhi as the Gulf nation is a gateway to the narrow Strait of Hormuz between Oman and Iran, a major transit point for global oil shipments.

dawn.com/news/1829967/i…

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Despite a persistent drop in mills flour rates, consumers are not getting a full relief as retailers are slowly passing on the price cut to the consumers.

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Open-ended protection for domestic industry hampers both domestic as well as global competitiveness.

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The prices of 15 out of 51 items in the SPI basket increased, 10 items decreased, and those of 26 items remained stable.

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In a statement, Nestle Pakistan maintains a cautious outlook for the rest of the year in view of the continuing external challenges.

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The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index soared by over 700 points on anticipation of a cut in the key policy rate.

Read more: dawn.com/news/1829746/s…

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Faysal Bank Ltd (FBL) continued its growth stride during the first quarter of 2024.

Read more: dawn.com/news/1829639/f…

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Amid continuously rising domestic prices, the government decided to import at least 200,000 tonnes of urea to meet ongoing kharif requirements.

Read more: dawn.com/news/1829641/g…

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The State Bank of Pakistan’s (SBP) foreign exchange reserves declined by $74 million to $7.981 billion.

Read more: dawn.com/news/1829640/s…

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Expert says the country’s overly regulated seed system is unsuitable for agriculture’s growth.

Read more: dawn.com/news/1829642

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The State Bank of Pakistan (SBP) reported that inflows through RDA increased by $182 million in March, up 29pc from $141m in February.

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The government has asked the Mini­stry of Interior and the Federal Board of Revenue (FBR) to start immediate operations against oil smuggling.

Read more: dawn.com/news/1829677/f…

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The World Bank projects that global commodity prices will fall 3 per cent in 2024, but the conflict in the Middle East could halt the inflationary decline.

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The United States and Pakistan renew a key framework on Wednesday to promote bilateral trade.

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Premier asked to forge trade ties with India, reconcile with Imran for ‘political stability’.

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The government tabled a bill in the National Assembly to expedite the process of the recovery of over Rs2 trillion held up in litigation before the Appellate Tribunal Inland Revenue (ATIR).

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Domestic bonds have proven more attractive to foreign investors than the record-breaking equity market.

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Countries, mostly middle and lower-income, have been burdened by surcharges on top of interest payments on their borrowings from the IMF, widening global inequities, according to a report by US think tanks.

Read more: dawn.com/news/1829487

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Presi­d­ent Asif Ali Zardari calls on Chi­nese and Australian investors to capitalise on opportunities across various se­c­tors in Pakistan, inclu­d­ing agriculture, trade, economy, and infrastructure.

Read more: dawn.com/news/1829479/p…

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KWGA chairman says the wholesale price of sugar jumped Rs7-8 per kg in the last 10 days to Rs138-139 per kg on reports about likely permission for sugar exports.

Read more: dawn.com/news/1829491/s…

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