PSX News and Updates series brings all major news and updates from past week so the readers can catch up on to what they missed. The initiative was taken when a wide number of viewers emailed asking for links to news from recent past weeks.  Team PSX decided to compile news of each week to help viewers find all the news and updates they are looking for at one place, with a few clicks of their mouse. Here’s what happened last week in the world of finance:

Dec 29, 2020

Prime Minister Imran Khan said that the government was working on targeted subsidies for the provision of cheaper electricity to consumers. The provision of cheaper electricity can bring a big change in the nation’s buying power, keeping in mind the recently skyrocketing electricity charges.

Source: https://bit.ly/38LZCyD

Dec 28, 2020

Commerce Adviser Abdul Razak Dawood announced that duty on the import of raw materials for industries is being reduced by six per cent from Jan 1, 2021. This can play a big part and allow importers of different equipments and goods to save capital on the imports, which they can then invest in other areas of their businesses. The same could play a vital role in the Covid-impacted economy of the country.

Source: https://bit.ly/2VZ7QNP

“News and Highlights of the Month” is PSX latest initiative that covers all the major news and updates from PSX as well as from the world of economics as a whole. If you are not active on social media on a day to day basis, our News and Highlights of the Month series will give you the opportunity to check what happened through the whole month within a minute or two of reading. Be sure to bookmark PSX blog’s URL in order to be able to come back each week for the latest and greatest. If you want to read the news and highlights in Urdu language, PSX has got you covered for that too. You can visit the Urdu section of PSX blog and navigate to the respective month’s ‘News and Highlights of the month’ blog.