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POL to drill 10 more wells in FY20
Has initiated process for acquiring relevant seismic data
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Urea sales drop 6% to 465,000 tons in July
Decline comes primarily due to early buying in previous month
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Gold price soars to Rs90,000 per tola
Takes cue from global market where precious metal hit six-year high
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PM Imran talks to SBP chief on matter of interest
Fiscal and Monetary Policies Coordination Board suggests a ‘regulated policy rate’
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PM Imran directs BOI to simplify laws, regulatory framework
Calls for speeding up process of removing unnecessary regulations
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ECC approves pending tax concessions for Gwadar Port
Move comes amid FBR's refusal to grant sweeping concessions through SRO
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FBR to launch crackdown on smugglers from Sept 1
Aims to stem inflow of goods through illicit channels that has badly hit local industries
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K-Electric blames rain deaths on cable network
CEO says majority of incidents occurred inside homes due to faulty wiring, unsafe use of electrical equipment
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India eases foreign investment rules to aid economic growth
Asia's third-largest economy has slowed in each of the past three quarters
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Toyota pulls Suzuki firmly into its orbit through stake deal
Toyota will acquire 4.94% stake in Suzuki which will in turn buy 0.2% stake in Toyota
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Trump says China trade deal coming, Beijing calls for resolution of dispute
Chinese vice premier says Beijing is willing to resolve trade dispute through 'calm' negotiations
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Market watch: KSE-100 inches up amid concern over soaring budget deficit
Benchmark index rises 52.86 points to settle at 30,637.71
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Oil prices rise on drop in US crude inventories
Brent and WTI, however, heading for monthly losses of around 8% and 5% respectively
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Global Stocks: Asian markets bounce back
Asian markets recovered after Donald Trump said China-US trade talks would resume soon
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Inter-Bank Market: Rupee strengthens against dollar
IMF has asked Pakistan to end state control of the rupee and let the currency move freely
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Indus Motor’s profit drops 13% to Rs13.7 billion
Company announces final cash dividend of Rs27.5 per share
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Dutch firm to invest $1.5b in LNG terminal
Will also inject $950m into polypropylene plant, coastal refinery
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Process under way to finalise tourism brand name
PTDC will float tenders to develop tourism industry as customised brand
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OGDC venture finds hydrocarbon reserves in K-P
The well was drilled and tested using OGDC’s in-house expertise in consultation with Kohat joint ventures
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PTI govt clears six development projects worth Rs218.5b
These include two Karachi-based projects funded by international creditors
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Govt to reduce GIDC to protect fertiliser consumers
Decision aimed at offsetting impact of hike in gas prices
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Lack of funds keeps Chashma power units closed
Mangla power units also shut since 2017; Senate body seeks details of losses caused by closure
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Govt making efforts to transform PIA: PM Imran
Says Discos, Railways can regularise contractual employees without seeking cabinet approval
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Cabinet mulls closure of airspace for Indian flights
Decides to take to the streets on Friday to urge the world to ‘do more’ on Kashmir issue
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Market watch: Despite sharp swings, KSE-100 closes in green
Benchmark index rises 64.25 points to settle at 30,584.85
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From Ikea to Gap, firms aim to use scarce water more wisely
Companies say using water wisely is now a key to remaining profitable
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Oil rises as hopes grow for US-China trade breakthrough
Prices have fallen by about 20% from 2019 highs reached in April
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Trade hope helps Asian markets bounce back from sell-off
Investors return in later trade after Trump's G7 news conference
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PTI govt books highest-ever budget deficit of Rs3.45tr
Gap widened due to failure to enhance revenues, control expenses
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India's central bank unveils $24 bn windfall for government
India loses its status as the world's fastest-growing - with unemployment at its highest since the 1970s
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Indian economy under Modi set for weakest quarter of growth in five years
Weakest start in the first three months of a fiscal year in seven years
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PM Imran takes notice of harassment of transporters
Issues directives to formulate a comprehensive action plan
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Lotte Chemical’s profit soars 127% to Rs3bn
Rise comes due to higher gross profit, rupee depreciation
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Exporters urge govt to overcome challenges
Highlight restricted liquidity caused by stuck tax refunds, high energy prices
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Key ally accuses PTI govt of abandoning ML-I project
Sheikh Rashid irked by Planning Commission suggestion to get third party cost verification
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10 more state units picked for privatisation
PC board gives go-ahead for hiring financial advisers for sale of these entities
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Imran's cabinet may empower police to arrest electricity thieves
They are likely to be allowed to make arrests without warrant
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Stocks edge higher as Trump acts to ease China trade tensions
European equity markets recovered when Trump said China contacted Washington
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Yuan slides to 11-year low as trade war rattles investor confidence
Trump seeks to limit fallout, saying China wants to negotiate
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Market watch: Bearish trade continues as KSE-100 retreats 829 points
Benchmark index decreases 2.65%, to settle at 30,520.60 points
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Trump moves to ease tensions over China, Iran as G7 summit wraps up
US president and his Western allies agree to disagree on issues dividing them
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Oil rises on hopes of easing US-China trade tension
Trump says Beijing contacted US officials saying it wants a return to talks
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Why is China's currency falling?
Yuan has fallen by around 4% in August to its lowest point in more than 11 years
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Agriculture research council on verge of collapse
Scientists looking at body formed by PM for restoring its autonomy, research activities
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Lack of access to finance limits innovation in textiles
Survey finds exporters more innovative than other market players
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Reko Diq in context of global copper mining regime
Stakeholders must understand international regime to deal with future contracts
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Textile industry on the edge
Country should have comprehensive strategy to address concerns of foreign buyers
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A wicked trade-off between development and reforms
Economy is faltering due to decline in level of competence and competitiveness
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FBR to review progress on FATF action plan
Will discuss Directorate of Customs Intelligence and Investigation’s performance
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PM Office mulls amnesty plan for tax evaders
Directs finance ministry, FBR to submit a report compiled using NADRA’s data analysis