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Yakmach-Kharan: NHA approves work on two sections
The 200km-long project is divided into four packages
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Power production jumps 14% as new projects come online
Generation from nuclear, coal and RLNG plants increases, hydel’s share in energy mix drops
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HBL’s New York branch fined $225 million
US financial services dept says bank fails to comply with laws and regulations
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Foreign exchange: SBP's reserves increase 2.35%, amount to $14.6b
Official inflows cited as reason for the surge in reserves
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Marriott signs deal to open Sheraton Grand Hotel in Lahore
Hotel will be opened in 2021, marking the company's first hotel in Pakistan's key gateway city
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Market watch: KSE-100 hits 11-month low, falls below 41,000
Benchmark index loses 431.34 points to settle at 40,958.65
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Govt steps up exploration activities in FATA
State-owned Oil and Gas Development Company is expected to start drilling in FR Barinu by end of 2017
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Reasons traced behind ballooning fiscal deficit
18th Amendment, 7th NFC sow seeds of perpetual fiscal imbalance
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Capital to host wheat conference
USDA is supporting efforts to strengthen Pakistan’s wheat-rust surveillance efforts
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Currency: Rupee stable against dollar
International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%
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FBR to announce sales tax refund policy soon
Next phase of refunds with claims of more than Rs1m on the cards
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Railways’ revenue surges 48% during Eidul Azha
Minister Rafique claims discount offers working like a charm
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SECP puts off announcement of regulations
Bill is yet to be placed before Senate for approval
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Textile industry responsible for its dismal state: commerce secretary
Dagha says sector has ignored innovation which has led to decline in exports
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Refineries seek price hike for fuel supplied to armed forces
Argue it has become uneconomical to produce jet fuel at current price
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Government notifies much-awaited gas wellhead prices
Price of gas from Sui fields undergoes massive upward revision
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US keen to explore LNG export to Pakistan
Wants to cooperate in energy sector, says embassy official
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Robust car sales drive up fuel oil demand
OMC sales grow 10% to 2.48m tons in the month
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International financial institutions: Bureaucrats lobby for top three lucrative positions
Posts of executive director vacant at IMF, ADB and the World Bank
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US-based Pie Five Pizza Co plans expansion into Pakistan
Will open its first international location in the country in 2018
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Market watch: Stock prices plunge as bears continue to dominate
Benchmark KSE-100 index loses 389.21 points to close at 41,389.99
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Gas quotas to be increased
Committee recommended SNGPL to give two million gas connections
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Currency: Rupee stable against dollar
International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%
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Govt taking steps to promote industries in Balochistan
Mini Industrial Estates to be set up in Khuzdar, Turbat, Muslim Bagh to overcome unemployment
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Consumer confidence shrinks in second quarter
Nielsen survey shows job security is the main concern in Pakistan
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War on terror aid: Pakistan received $33.4bn from US
44% of the amount given on account of services Islamabad rendered to support US anti-terror drive
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Pakistani businessmen back ‘China-dominated’ global order
Hail CPEC as game changer for entire region comprising three billion people
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Rupee cash limit for international travel revised upwards
Individuals can now take Rs10,000 in cash abroad, up from Rs3,000
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Bhalwal Industrial Estate to be given SEZ status soon
PIEDMC CEO says similar status to be extended to two more estates as well
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Govt likely to revive strategically vital Gwadar LNG project
Earlier, the scheme was shelved apparently after pressure from Riyadh
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Global trade finance gap stands at $1.5tr in 2016: ADB
Report highlights impact on growth and jobs, Asia’s share 40% of the total gap
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Rasool Cyan joins PIA as its latest CEO
He was appointed by former PM Nawaz Sharif in June
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Market watch: Relief rally at bourse on the back of institutional buying
Benchmark KSE-100 index gains 572.21 points to close at 41,779.20
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Inflation rises 3.41%, but remains manageable
Reading comes as SBP signals stable govt-administered prices, low inflationary expectations
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DRAP to conduct market inspection
Step is being taken to ensure provision of quality, safe, effective and affordable medicines to citizens
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Sales of diesel cars fall 14% in Germany
Some cities are mooting bans on heavily polluting vehicles
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Industrial innovation survey planned
Study would provide insight into processes in industrial sector
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Problems and prospects of hydroelectric power
Pakistan should not delay Bhasha Dam and should start work on its own
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Tax incentives drive up imports of telecom equipment, cellphones
Imports in July stand at $114.01m, 54% higher than in the same month of last year
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Govt appoints ex-police officer as tax ombudsman
Sukhera is considered close to the Shehbaz Sharif camp
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Record budget deficit: Govt throws austerity out of the window
Budget deficit soars to Rs1.864 trillion thanks to election-focused spending
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Poultry feed producer demands effective policy framework
Lack of regulation resulting in low quality production going on unchecked
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TDAP prioritising value addition in fruits
Cold storages will be established in G-B to increase shelf life of fruits
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Industry demands cheap electricity to ramp up exports
FPCCI chief emphasises this will ensure competitiveness in the region
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Balochistan signals readiness for settlement of Reko Diq row
Canadian minister seeks out-of-court settlement of years-long dispute
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World markets fall after N Korea’s latest nuclear test
Asian markets slide along with S Korean wins currency, while haven yen rallied as news ramps up international tensions
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Samsung okayed to test self-driving cars in California
Has also got approval in South Korea to test the technology
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High input costs lead to closure of mills
'Both the spinning and weaving sectors have faced the brunt of high cost of doing business'
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Balanced fertiliser use key to ensuring food security
Experts say farmers are unable to adapt to emerging global trends
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Thanks to Brexit: Pound sterling nears euro parity
Improving growth prospects in eurozone may further strengthen the euro

















































