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Private sector borrowing sustains growth
Loans to new sectors such as leather, electric and electronics goods tick up
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Market watch: Stocks lose all gains on profit-taking
Benchmark KSE-100 index sheds 61.95 points to settle at 46,539.59
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Early elections only way to save economy
Only leadership with political capital can rescue economy from the abyss
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Budget: make-or-break moment
Debt management a crucial issue particularly amount due in short term
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Way forward for reviving economy
Pakistan must try to get out of FATF grey list as it costs economy $10b annually
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No time for economic mourning
Politicians should put emphasis on economic supremacy, ensure people’s prosperity
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Sorghum cooperation: a new milestone in CPEC
Experts call commodity ‘the camel of crops’ based on its numerous excellent qualities
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FBR falls short of POS target
Till March, it integrated less than 4,500 businesses with system
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Crisis-hit Sri Lanka halts share trading as protests spiral
Colombo to begin negotiating IMF program on Monday
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Trucking firms end strike in Argentine
Protests had paralysed farming exports of country
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Virus resurgence threatens China’s growth
Policymakers set lowest annual GDP target in decades for 2022
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Ukraine limits exports of food staples
The railway company was not available for immediate comment
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Rupee strengthens against dollar
SBP has injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year
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Oil imports remain high in March
Spike 68% on year-on-year basis due to uptrend in international market
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Mobile firms look towards AI for innovation
Companies enhance privacy in their models to amass larger share in market
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Buyers agree to pay in roubles
Putin has warned Europe it risked having gas supplies cut unless it pays in the Russian currency
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CTO offers help to businessmen
CTO would try to develop a liaison mechanism with ICCI to address the hardships of taxpayers
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Pakistan seeks agricultural cooperation with China
Envoy says country focusing on corporate farming, new seed development to enhance crop yield
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Current account deficit likely to hit $20 billion
Sources also rejected the PTI’s claims of collecting taxes worth of Rs6.1 trillion in 2022
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Stock market stages record surge
Posts two-year high return owing to rupee appreciation, lofty remittances
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Asian markets drop after Wall Street retreat
Russia’s invasion of Ukraine adds to uncertainty about global economic recovery
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BMW CEO warns against electric-only strategy
Stresses there is still market for combustion engine cars
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SPI decreases 0.68%
prices of 17 items rose in a selected basket of goods
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Russia may be in default, says Moody’s
Moscow made payment on two sovereign bonds in roubles rather than dollars
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Rupee strengthens against dollar
SBP has injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year
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Oil firms secure injunctions to stop protests
Environmental groups such as Extinction Rebellion and Just Stop Oil have been staging daily protests in London
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Sesame seed exports to China surge 190%
Beijing-Islamabad trade increases after free trade agreement
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Covid curbs spark shipment delays
Shanghai approaching third week of lockdown, shows no sign of reopening
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E-banking shows rapid growth in Q2
Digital banking transactions grow 10.7% in volume, 22.8% in value
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People suffer as gas crisis persists
Businessman blames political chaos, saying shortage causing losses to industries
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Big industries output rise 8.6%
Economic headwinds may slow pace of growth in remaining period of FY22
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Traders call for formation of barter trade body
Say Afghanistan has already established its committee
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Plan to lease aircraft draws criticism
SriLankan Airlines has been struggling with a fall in tourism because of the Covid-19 pandemic
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Market watch: Stocks advance on macroeconomic cues
Benchmark KSE-100 index adds 117.11 points to settle at 46,601.54
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Industry appeals to leadership for cut in energy tariff
Hopes it would push up exports
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Naveena Group introduces responsible innovation across diverse industries in Pakistan
The company stirred revolution by investing in a groundbreaking 50MW renewable energy project in Jhimpir, Sindh
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Rupee strengthens against dollar
On April 7, 2022, the rupee closed at an all-time low at Rs188.18
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Argentina annual inflation hits 55%
Analysts had also predicted a monthly rise of 5.8%
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Crises slowing economic growth worldwide: IMF
Russia-Ukraine war has caused acceleration of inflation that endangers past gains
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Chinese seeds to boost rice output
Pakistan has vast uncultivated land where drought-resistant seeds can be used
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Oil prices fall as market weighs mixed supply signals
Price outlook remains tilted to upside amid tight supply
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ECB monitoring inflation expectations
Headline euro zone inflation hit a record high 7.5% last month, nearly four times the ECB’s target
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Traders urge govt to prioritise sustained growth
Say political sovereignty is directly linked with economic development
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LPG sector demands swift restart of JJVL plant
Argues plant closure has dented LPG output, sent prices soaring
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Banks approve housing finance amounting to Rs180 billion
Receive applications for Rs409b financing from borrowers
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SBP reserves fall $470m to $10.85 billion
Decrease comes on back of external debt repayments
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Remittances hit all-time high
Amount to $2.8 billion in March as inflows surge ahead of Eid
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Diesel set to rise above Rs200
Govt will either raise price by Rs60.54 or enhance subsidy to maintain rate
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Market watch: Stock market rises, aided by refinery sector
Benchmark KSE-100 index gains 318.93 points to settle at 46,484.43
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Foreign exchange: SBP reserves fall $470m to $10.85b
Decrease comes on back of external debt repayments