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Saudi oil facility to come into effect this month
Refineries will import petroleum products worth up to $100m per month
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Taxes on seeds to disincentivise farmers
Association chief says they will hike cost of production
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Consumers complain about excessive billing
The public hearing was held at the Faisalabad Chamber of Commerce and Industry
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State Bank issues QR code standards
Move aimed at accelerating digitisation of retail payments
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Trade deficit stays high at $32b
Imports accelerate at twice the pace of exports in Jul-Feb FY22
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Market watch: Soaring energy prices drag stocks down
Benchmark KSE-100 index falls 289.46 points to settle at 44,514.12
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Oil spikes past $110 as markets avoid Russian supply
Top exporter Saudi Arabia may sharply hike prices of crude for Asia in April
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Oil rises 9% as reserve release disappoints
Concerns grow about supply disruptions from Russia’s invasion of Ukraine
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Rupee strengthens against dollar
Rupee hit an all-time low of Rs178.24
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Banks reluctant to open LCs for oil import
OCAC seeks intervention of SBP chief as oil firms have insufficient credit lines
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Semiconductor industry can bring $4b annually
Pakistan’s industry at nascent stage, has capability for chip design
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Businessmen laud govt for reducing petrol, power cost
Say they will mitigate miseries of common man
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Inflation eases to 12.2% in February
Food inflation, however, spikes due to surge in prices of perishable goods
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‘Long-term policies to steer sustainable growth’
Bakhtiar says economy expanding due to prudent policies
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Profits of listed companies jump 47%
KSE-100 index fails to show similar performance, posts just 2% growth in 2021
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Telecom sector posts record Rs644b revenue in FY21
Secures $202 million FDI, contributes Rs226b to national exchequer
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K-Electric tariff may rise by Rs2.9
NEPRA set to allow increase on account of fuel cost adjustment for Jan 2022
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Market watch: Stocks rally on PM’s relief package
Benchmark KSE-100 index adds 342.57 points to settle at 44,803.58
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Oil prices soar as Ukraine conflict stokes supply concerns
Talks between Russia, Ukraine failed to reach breakthrough
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Malaysia keen to boost trade with Pakistan
Envoy says e-visa facility will be launched soon to aid businessmen
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India growth slows, govt cuts forecasts
Economy slows down in face of higher oil prices, geopolitical tensions
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With Russia-Ukraine war, inflation to rise further
Moscow may pause investment in Pakistan Stream Gas Pipeline until conflict ends
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Oil soars as Russian energy supply fears intensify
Surges past $100 as Moscow puts nuclear deterrent on high alert
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FBR beats Jul-Feb tax target
Collection rises Rs268 billion, narrowly avoids missing February target
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Hybrid wheat expected to revolutionise agri sector
Variety needs 90% less seed sowing, gives 20% higher yield
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MSCI to remove Russian listings
MSCI announced on Thursday that it had frozen the index
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Rupee weakens against dollar
Rupee hit an all-time low of Rs178.24
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Call to introduce new marble technology
It will help boost country’s exports and economy
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Market mixed over cut in fuel, energy prices
Some traders laud move, others fear it will spark inflation
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E-payments show robust growth
Mobile, internet banking emerge as top areas in adoption of electronic transactions
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Market watch: Bulls dominate as stocks make sharp recovery
Benchmark KSE-100 index soars 476.77 points to settle at 44,461.01
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Fighting Climate Change
Pakistan has experienced more than 152 extreme weather events since 1999
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Oil soars as Russian energy supply fears intensify
Moscow is facing severe disruption in exports of all commodities following imposition of sanctions
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Russia hikes key interest rate to 20%
Moscow directs companies to sell forex
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Normalising trade with India
PM aide’s initiative to reopen trade with India is indeed the need of the hour
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Cost of welfare policy
Welfare is not free as someone always pays cost of this system
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All is not good with rice exports
Export earnings grow, but per-unit price of Pakistani rice is going down
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Let ghost and cloud kitchens thrive
Such kitchens became increasingly popular during Covid-induced lockdowns
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Energy Efficiency and Conservation Policy
It should be explored as to what went wrong in earlier efforts, what should not be repeated
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Pak-Afghan trade volume shrinks to $1b
PAJCCI report highlights lack of business-friendly policies, absence of barter trade as main reasons
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India’s Reliance to take on 200 Future stores amid Amazon dispute
Takeover signals Future’s worsening financial situation
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S&P cuts ratings of Russia, Ukraine
Moody’s puts Moscow, Kyiv on review for downgrade
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Govt committed to uplifting economy: Punjab minister
Businessmen lament spike in price of land in industrial estates of province
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Ukraine invasion roils KSE-100
Escalation in oil prices, widening of current account deficit mar trading
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Punjab cancels 125 industrial plots
Decision comes as owners fail to either start work on projects or clear land dues
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Envoy lauds growth in Pakistan, Indonesia trade
Says bilateral exchange of goods rose 56% in 2021 despite Covid-19 outbreak
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SBP further eases housing finance
Central bank allows individuals to buy homes in developing projects
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EU wants implementation of new laws under GSP Plus
Official demands enhanced monitoring, inspection for continuation of scheme
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SSGC directors not politically affiliated
Ogra hearings were conducted before the general public
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Twin deficits to remain ‘higher’
Planning ministry report says policy measures to contain imports couldn’t create impact