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Express Media Group partners with EFU Life
Inks MoU to promote awareness about Hemayah Family Takaful
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PSX sheds over 900 points on profit-taking
Cement, banking shares drag index down; Lucky announces 5-for-1 stock split
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Progress on financial revolution slows
With weak tech systems, digital banks struggling to commence full operations
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Pakistan, China reach wheat lab deal
Through cooperation, the efficiency of wheat varieties can be lifted.
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No additional tax burden for retailers: PM Shehbaz
PM directs to address retailers' concerns and prioritise bringing non-compliant retailers into the tax system.
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Bybit hacker moves stolen funds to multiple new addresses after $1.4 billion breach
The Bybit hack led to $1.4 billion in stolen ETH, with funds now being transferred across multiple addresses.
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Gold prices fall both globally and locally after recent surge
Gold prices dropped by $23 per ounce in the international market, reflecting a similar decline in local gold markets.
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Currency exchange rate: Saudi Riyal to rupee for February 21, 2025
The Saudi Riyal saw a slight shift, with the buying rate at Rs74.49
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18% sales tax threatens dairy sector
Pakistan has highest tax on branded milk globally; Aurangzeb assures review
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Govt plans to cut electricity prices by up to Rs10 per unit
The plan aims to address the issue of circular debt.
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Experts urge renewable energy scale-up
Call for 50% local value addition in RE projects rising to 90% by 2028
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Buying spree continues as PSX gains 397 points
Despite jitters from C/A deficit, strong earnings propel index higher
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Commissioner promises action against encroachments
He highlighted that several buildings misuse designated parking areas for commercial purposes.
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Big industries' growth in the red
LSM sector contracts 1.9% in Jul-Dec due to high cost of business
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Digital economy project gets ECC nod
Govt to unveil second reform package by March, allocates Rs477m for digitisation
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Gold extends winning streak, hits new peak
Metal reaches Rs309,000/tola; SBP reserves rise $35m to $11.2b
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Logistics sector sees $36b losses on offline trade
Experts urge move towards digitalisation to boost exports, job creation
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Businessmen vehemently reject trade law changes
Say re-election of trade bodies will be waste of resources; propose consultation
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Oil rises for third day
Russia and the US have had their first meeting since the start of the Ukraine war.
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IMF to visit Pakistan for talks on $1b climate financing
Advisor to finance minister says mission will visit from Feb 24-28 to review climate resilience funding for Pakistan.
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Gold prices continue surge to hit all-time high in global and local markets
The price of gold per ounce surged by $9, reaching $2,953.
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Petroleum dealers threaten to shut pumps nationwide
Pakistan's petroleum dealers oppose deregulation policy.
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'Textile millers misdeclare exports'
Senator claims surge in IT firms raises suspicion of misuse of lower tax rates
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Consumers may see Rs2/unit power rate cut
Fuel adjustment for January 2025 offers relief to consumers, excluding K-Electric customers
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Pak-Russia freight train on cards
New service beginning mid-March will boost trade with Central Asia, Russia
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Talks 'constructive' as China blasts tariffs
Trade wars appear on WTO agenda for first time; member countries call for restraint
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Stocks extend gains on strong earnings
KSE-100 index adds 254 points and settles at 113,342
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Experts advocate data-driven crisis response
Call for real-time data systems, predictive analytics to mitigate risks related to climate change, public health, econ
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China, Pakistan develop AI-powered agricultural app
Using mobile phones, farmers can check crop health regularly as drones monitor fields
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Third-party validation of Chromebooks purchase sought
Federal education ministry permitted to buy 200,000 refurbished laptops for Islamabad schools, colleges
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Gold hits all-time high of Rs308,000
Jumps Rs3,800/tola while rupee slips to 279.47/$; SBP raises Rs258.8b in T-bills against Rs350b target
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Trump eyes 25% tariffs across more sectors
Trump has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.
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Finance minister briefs World Bank on economic outlook, reform agenda
WB delegation praised the government’s reform agenda, noting that Pakistan’s efforts were yielding positive results.
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Gold soars to new heights in local and international markets
The price of gold per 10 grams also rose by Rs 3,255, reaching Rs 264,060.
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Call to build warehouses in other countries
Punjab's Warehouses Association urges establishing global warehouses to boost trade, logistics, and supply chains.
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Gold price rises Rs1,000/tola, rupee loses 10 paisa vs dollar
Gold prices rise to Rs304,200 per tola in Pakistan amid global economic uncertainty; rupee slightly depreciates.
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Thailand seeks swift finalisation of FTA
Envoy says free trade extends beyond goods, also includes services and investment
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Over 70 blocks picked for oil, gas exploration
Minister invites global investors to capitalise on opportunities
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Mills offer to sell sugar at Rs130 per kg
Pakistan Sugar Mills Association to sell discounted sugar at Rs130/kg for Ramazan, urges action on speculators.
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Real estate sector seeks tax relief to boost growth
Says incentives, easing of regulations key to progress
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With policy support, IT exports surge above $2b
Global client base of IT firms grows, govt measures facilitate them
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C/A slips into $420m deficit
It is highest shortfall since June 2024; C/A in surplus at $682m for 7MFY25
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External loans pick up to $11.5b
Country makes fresh borrowing of $5.5b, wins $6b worth of debt rollovers
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PSX surges 1,345 points on robust earnings
World Bank investment approval, high crude prices aid uptrend
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Sindh, World Bank discuss uplift plans
CM highlights urban and rural growth priorities
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Pakistan to double exports in 3-5 years, targeting GCC market: FinMin
Our ambition is that we are roughly about $30 billion plus in terms of exports, shares Muhammad Aurangzeb.
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UAE gold prices edge higher as Trump's tariff policies shake markets
24-carat gold increased by AED1.25 to AED350.75, while 22-carat gold reached AED326.25
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Funds sought for Reko Diq project
Company expresses concern over govt's inability to comply with obligations
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Gold prices surge again in local, international markets
The price of gold per 10 grams also rose by Rs 857, reaching a new price of Rs 260,802.
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Pine nut exports to China cross $18m
Pakistani pine nuts gain popularity due to exceptional taste, quality