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To avoid damages, govt must go for settlement with TCC
International court has slapped $5.9b penalty on Pakistan in Reko Diq case
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Railway wagons sit idle as PSO unable to boost supply
Oil marketing firm says HSD unloading facilities are limited at upcountry depots
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Lagarde resigns as IMF chief, cites more clarity on ECB post
Lagarde says resignation to take effect from September 12, opening the way for the IMF to choose its next leader
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Oil steadies as US supply concerns ease but Iran tensions loom
US oil companies begin restoring production in Gulf of Mexico, which was earlier shut because of Hurricane Barry
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Market watch: Stocks edge up after two days of losses
Benchmark index increases 13.67 points to settle at 32,972.02
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SBP jacks up key interest rate by 100 basis points
Central bank revises up inflation forecast to 11-12% for ongoing fiscal year
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Rupee jumps to 161 ahead of monetary policy announcement
In the past six sessions, the currency dropped a cumulative Rs2.54, or 1.61%
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Research to raise productivity stressed
he meeting deliberated on the issues pertaining to demand and supply of cotton in the market
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Official urges end to uncertainty
The government should end post-budget uncertainty, urges All Pakistan Textile Mills Association
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Farmers threaten to launch protest against high cost
Kissan Ittehad chief says budget does not include any steps to curb production cost
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Many European MNCs set to invest in Pakistan
Foreign investors will meet PM Imran soon for announcing investments
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Foreign direct investment halved to $1.73b in FY19
It had been at $3.47 billion in preceding fiscal year 2017-18
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Rupee down on poor economic indicators, gold up
Loses Rs1.07 to close at 159.86 against dollar in inter-bank market
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100bps interest rate hike likely
SBP has already raised interest rate by 575bps since May 2018
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New PSDP book printed after budget presentation
Latest documents were not examined by NA which included 50 projects of an allied party
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Economic growth to slip further in FY20: SBP
Quarterly assessment report cites internal and external factors for decline
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ECNEC revises up Dasu power project cost
230% increase is made in land acquisition component
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New UK bank note to feature mathematician Alan Turing
He played a pivotal role in the development of early computers
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Market watch: KSE-100 dives 714 points over monetary policy speculation
Benchmark index decreases 2.12% to settle at 32,958.35
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Oil prices edge higher on Chinese economic data
Positive Chinese data indicates more oil demand in world's second biggest economy
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Pakistan needs to diversify exports to US
Govt should work on turning textile sector more competitive in global arena
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Pakistan, the exact experimental ground for Flying Geese Model
Cai Fang of Chinese Academy of Social Sciences talks about Pakistan’s labour force
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Virtual pipelines can be used for gas transportation
LNG, CNG may be transported through road and rail as being done in many countries
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PayPal a game changer for online business in Pakistan
To attract online payment platform, govt will have to check money laundering
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IMF package - bailout for govt or for economy?
Main problem is low level of revenue collection relative to GDP
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Shutters remain down in K-P
Traders threaten to carry on protest for weeks if their demands are not met
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After Amazon, other retailers fight for bigger slice of e-commerce
US giant is expecting to gain $5b this year from its Prime Day sales
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Single tax portal to cut business cost
FBR to also introduce portal which will contribute to improving the ease of doing business
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IMF releases $5.4b loan tranche for Argentina
Loan programme aims to help country stabilise its economy
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Weekly review: Poor indicators shave 518 points off KSE-100
Dull trading witnessed as investors offload and choose to remain on sidelines
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US regulators approve $5b Facebook settlement
Social media company was accused of sharing user information with British firm
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Govt decides to restructure nearly 450 state departments
Forms high-level committee for framing implementation strategy
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Aim of IMF package is to restore balance: mission chief
Cites strengthening of institutions and economic stabilisation as two main pillars
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Another mega economic zone planned in Faisalabad
FIEDMC will build Allama Iqbal Industrial City over 3,270 acres of land
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FBR chief may be made PM’s aide on revenue
Move will give Shabbar Zaidi more autonomy in policy matters
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Govt lays stress on power supply to SEZs
Punjab chief secretary says all possible facilities will be given to industrialists
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Pakistan slapped with $6 billion penalty in Reko Diq case
TCC won award in international arbitration after Supreme Court nullified its contract
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French 'yellow vests' movement dwindling but not dead: analysts
Businesses, banks and boutiques targeted in yellow vest protests
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Weekly Inflation: SPI rises 1.35%
SPI for the lowest income group increased 1.51%
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Inter-Bank Market: Rupee weakens against dollar
Rupee depreciated almost 49% since December 2017
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PM directs Board of Investment to harmonise business laws
BOI chairman presents to PM draft of new investment strategy
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Indonesian delegation to arrive soon for FTA talks
Envoy stresses need for enhancing trade ties with Pakistan
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SBP launches Rs100b Kamyab Jawan programme
Initiative aimed at providing subsidised financing to startups and SMEs
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Govt allows all companies to bid for LNG terminal contract
Drops plan of giving terminal-building contract to a firm under urgency clause
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Pakistan-Turkey trade drops due to protective duties
Annual bilateral trade goes down from $1.08 billion to $792 million
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Traders to stage shutter-down strike today
Negotiations with govt over withdrawal of ‘anti-business steps’ fail
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Trade deficit shrinks 15.3% to $31.8b in FY19
Gap narrows due to import compression while exports cannot be lifted
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Won't go back on CNIC condition: FBR chairman
FBR lost Rs850 billion sales tax in 5 years due to sales to unregistered persons
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Chinese firms assure PM of $5bn investment in Pakistan
Investment, transfer of industrial set-up to generate over 50,000 jobs in first year
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Oil prices firm on tropical storm and geopolitical tensions
Gains are, however, capped by IEA's forecast for global oil surplus