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Oil prices jump

Oil prices jumped on Monday, with both US and Brent benchmarks on track for their highest settles in two months, supported by positive early results on a potential coronavirus vaccine and optimism about resumption in economic activity.

Few trading activity seen on cotton market

Trading activity will fully resume in the cotton market after the Eid holidays. In the local cotton market some trading activity was witnessed after the easing of long lockdown.

Activities of Karachi Port and Port Qasim

The Karachi Port handled 83,046 tonnes of cargo comprising 63,092 tonnes of import cargo and 19,954 tonnes of export cargo including 1,451 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday.

SC directions hailed: LCCI submits proposals for budget 2020-21

The Lahore Chamber of Commerce & Industry (LCCI) has submitted its budget 2020-21 proposals to the federal government amid Covid-19 economic scenario suggesting deferment of interest payments of the businesses for six months, grant of exemption from the p



Exams and Covid-19

Of all the things about daily life that the coronavirus has disrupted so badly, since it has made it all but impossible for even a few people to be in the same vicinity without serious risk to a lot of people's lives, perhaps the worst is the ability of s

An unending war

Two brutal attacks in recent days in Afghanistan have laid bare the fragility of the so-called peace agreement struck between the US and the Taliban in Doha in January 2020. The first attack was on a hospital in Kabul that specifically targeted the matern

The forthcoming budget

The Federal and Provincial Budgets for 2020-21 are expected to be announced in the month of June, starting with the presentation of the Federal Budget on the 5th of June. These budgets come at a time when the economy has been badly hit by the COVID-19 and

Hedging oil

.Oil prices have touched zero and became even negative recently. A debate has ensued in Pakistan that we should have bought cheaper oil. It is a different matter that around the same time, there was news of diesel shortages. Petroleum Division, probably,


Pakistan State Oil

The downstream oil and gas sector has been facing the challenge of falling consumption and sales much before ...

Published May 21, 2020 07:11pm

GDP: More data would help

The provisional GDP growth for FY20 is recorded at -0.38 percent. The SBP was expecting 3 percent growth (prior to...

Updated May 21, 2020 07:01pm

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