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Crops at risk as more than 50% water shortage feared
Senate body accuses IRSA of unjust water distribution among provinces
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Power generation hits all-time high at 14,017GWh
It is the outcome of higher production by imported gas and coal-fired plants
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Govt hints at partially restoring curbs on non-filers of tax returns
Minister says govt agrees with PML-N’s policy, but wants to further refine the law
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Pakistan among countries at risk of exchange rate crisis
Foreign investors are pulling out of risky markets and returning to the US
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Punjab govt to launch ‘soft loan’ scheme for youth
Repayment of loan (up to Rs3m) will begin one year after its issuance
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Foreign exchange: SBP's reserves dip 3.07%, amount to $9.33b
External debt servicing cited as reason for the decrease
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Market watch: KSE-100 falls 316 points amid cautious trading
Benchmark index decreases 0.76% to settle at 41,004.55
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Oil prices at 4-year high after OPEC rebuffs Trump calls to raise output
US sanctions on Iran will tighten global oil supply; traders say crude could hit $100 in 2019
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China says US trying to force it to submit on trade as new tariffs kick in
Tariffs on $200b worth of Chinese goods go into effect, Beijing retaliates with tariffs on $60b worth of goods
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India says will not scrap French jet deal; opposition demands inquiry
Finance Minister Arun Jaitley said on Sunday that the deal would proceed as planned
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Argentina bets on $600m satellite to boost agriculture
Radar antennae technology will allow prediction of harvest yields, floods and droughts
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Planning Commission’s 5-year plans lack solutions to structural problems
Planning ministry incapable of independently performing monitoring, evaluation and audit functions
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Trade wars - are they good and easy to win?
There could be an opportunity for Pakistan to increase its market share
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Govt needs to take concrete steps to trigger bull run at PSX
Investors keen about short- and long-term plans to tackle current account, fiscal imbalances
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Uber eyes Pakistan as potential market for flying cars
Company is looking to diversify aggressively, also plans to begin food delivery services
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Sindh ropes in $400m Chinese investment
Hyderabad, Chongqing mayors to ink formal agreement in October
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Pakistan will soon ink investment deal with Saudi Arabia: Asad Umer
Finance minister says the quantum and areas of the investment will be decided in the first week of October
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Soneri Bank, MCB-AH sign deal
The signing ceremony was attended by CEOs of both the organisations along with senior executives
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Nokia launches 6.1 plus smartphone
This device presents latest technology, portable design and provides gaming and streaming experience
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Mexico to seek deal with Canada
Canada began negotiating with the US to close a deal on the 24-year-old trade pact
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Canada regulator to reconsider Trans Mountain pipeline to Pacific
Will take into account impact of increased tanker traffic on endangered killer whales
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US optimistic about China trade, but no date set for more talks
Official says US president has made clear his resolve; two sides remain in touch
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'Brexit cannot lead to EU going bust'
Brexit talks with the EU had hit an impasse, British PM says
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Turkish firm to invest $330m in setting up plant in Pakistan
Hayat Kimya will establish a manufacturing unit for hygiene products in Faisalabad
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Government poised to hold bidding for 20 new exploration blocks
Last round of bidding was held by PPP government in 2013
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Import of petroleum products drops 38% in August
It comes following global oil price recovery, less reliance on oil-based power plants
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Swedish, Spanish firms win $330m contract for converter stations
These stations will enable efficient transmission from generation sites to consumption centres
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Economists fear budget deficit may rise beyond Rs2tr
Cast doubt over Rs814b fiscal adjustment announced by the govt
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Incentives for new entrants may hinder auto parts sector
Industry official says concessionary tariffs for import of CKD parts do not make it lucrative for new players
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Emirates, Etihad airlines deny report they may merge
“There is no truth to this rumour,” Emirates spokesperson confirms
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China shrugs off trade war ‘obstacles’
Donald Trump announced another $200 billion worth of goods this week on which to foist levies
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Iran Sanctions: Volkswagen declines to confirm exit
Company had announced in 2017 that it would begin selling its own-brand cars in Iran for the first time in 17 years
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Digitalisation: Pakistan e-commerce witnesses growth
Pakistan’s e-commerce market has been experiencing reasonable growth over the past few years
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CASA-1,000 project: Swiss ABB likely to win contract for converter stations
Likely to clinch a multimillion-dollar contract for establishing converter stations in Pakistan and Tajikistan
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PRGMEA stresses exploring non-conventional markets
Also demands setting up display centres in Dubai and Rotterdam
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OPEC unlikely to agree official output increase in Algeria
Pressure mounts on top producers to prevent spike in oil prices ahead of US sanctions on Iran
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Bullish sentiment prevails as KSE-100 gains 400 points
Development comes on back of announcements in mini-budget and increase in gas prices
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Alibaba’s Ma says 1 million US jobs pledge thwarted by trade row
Dispute between world’s top two economies has swiftly escalated since Trump took office
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Pakistan remains undecided on cancelling $400m loan from ADB
Delay caused by divergent views of ministries, govt intervention sought to resolve issue
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‘Livestock sector needs to be revamped’
Sadiq said there was a need to organise livestock census in all provinces of the country
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Assisting Smes: UNISAME calls for redefining roles
Various chambers of commerce and industries need to do more for their SME members
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Ghandhara Nissan reports 91% surge in profit
Better result comes in the wake of higher other income
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DG Khan Cement’s profit rises 13.8%
Company earns Rs8.9b, declares final cash dividend of Rs4.25
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Tiles industry demands reversal of gas price hike
Insists high energy prices will make industry uncompetitive
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USC initiates inquiry into Rs100 million payment to flour mills
Seeks explanation from CFO for misappropriation and irregularity
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In August 2018: Current account deficit contracts 72% due to drop in imports
Steady growth in export proceeds and worker remittances also extend support
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‘Pakistan needs to enhance potential in sectors other than textile’
Contrary to expectations, it has resulted in only a marginal improvement in Pakistan’s exports to EU
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Punjab to have no water for non-perennial canals
It is due to grim water situation and persistent drought
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Govt decides to drop 450 schemes from PSDP
Rs1.6 trillion diverted from the projects to be used to fund under implementation schemes
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World Bank warns Pakistan of rise in Dasu project cost
Says project can face delay due to country’s inability to resolve land disputes