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Page 21 - வர்த்தகம் அப்துல் ர்யாஸக் தாவூத் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cabinet Committee Approves Forensic Audit of PIA and Other SOEs

Cabinet Committee Approves Forensic Audit of PIA and Other SOEs
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KSE-100 dives 2 7% as Covid cases rise

KSE-100 dives 2.7% as Covid cases rise Stocks battered as fears of lockdown and impact on economy intensify KARACHI: The euphoria of the past two weeks subsided as the Pakistan Stock Exchange felt the brunt of rising coronavirus infections across the country. The spike in Covid cases, coupled with developments on the political front mounted selling pressure, pushing the index 1,221 points or 2.7% in the red to end at 44,301 points. Bears took control on Monday as the market plunged over 1,000 points on back of surging Covid-19 cases, particularly in Punjab, due to which the government also imposed a smart lockdown in various districts.

Trade deficit widens to $3 billion

Trade deficit widens to $3 billion Expansion comes as exports grow at half the pace of increase in imports in March Budget deficit during the July-October period of current fiscal year was about 17% higher than the same period of previous year. PHOTO: FILE ISLAMABAD: Pakistan’s trade deficit widened almost 100% to $3 billion in March 2021, as exports grew at half the pace of increase in imports due to the country’s increasing reliance on imported commodities to ensure smooth supplies. The nine-month (July-March) trade deficit widened over $20.5 billion, according to figures released by Adviser to Prime Minister on Commerce Abdul Razak Dawood on Thursday.

Pak-Afghan transit trade agreement extended for three months

Pak-Afghan transit trade agreement extended for three months April 2, 2021 Pakistan and Afghanistan on Thursday agreed to extend the transit trade agreement by signing a protocol in a ceremony held through video link. Advisor to the Prime Minister on Commerce Abdul Razak Dawood and Afghan Minister for Commerce and Industry Nisar Ahmad Ghoryani signed the document in the presence of other government functionaries and representatives of the two embassies. Speaking on the occasion, Abdul Razak Dawood said that his vision for economic relations with Afghanistan and Central Asian Republics is to make Pakistan a trade, transit and transshipment hub. “Our trade must be based on secure, open, consistent, reliable and legal movement of goods at the Afghan border along with enhanced connectivity with Afghanistan and Central Asian Republics,” he said. Dawood said that it is a long-term vision, though he added that his country is doing its best to implement it through constructive engageme

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