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Moody's upgrades banking outlook
Elevates from stable to positive and forecasts 3% GDP growth; debt risks remain
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Declining crop yields raise alarm
Farmers blame ineffective pesticides, inferior seed quality, lack of govt role
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Govt's sugar export policy backfires
Leads to price surge; PM forms high-level committee to consider impact of importing raw sugar to stabilise prices
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K-Electric petitions for tariff cut of Rs4.84
In another relief, petrol price likely to fall Rs14 per litre
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Businessmen slam wind power curtailment
Say expensive, obsolete power sources being preferred
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EU to impose counter tariffs on US goods
Will slap tariffs on $28b worth of goods from April
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Ban on agrochemicals sparks fears for farming future
Experts argue move ignores global standards for regulating pesticides, poor handling during storage
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Range-bound gold edges up by Rs500
Reaches Rs306,500/tola while currency depreciates 2 paisa to Rs279.97/$; SBP raises Rs15.8b in PIB
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Agri chamber rejects canal projects
Calls for cancellation of six canals to protect Sindh's water rights
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Stocks dip as economic concerns prevail
KSE-100 index drops 93 points in absence of major catalysts
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Wagon R bookings permanently suspended by Pak Suzuki
This move comes after months of speculation following the suspension of bookings for the top variant of the model.
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Moody’s upgrades Pakistan’s banking sector outlook to positive
According to Moody’s, the outlook upgrade aligns with the improved sovereign credit rating of Pakistan
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Gwadar still has no water and power
CPEC's jewel lags behind even 10 years after launch of multibillion-dollar project
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IMF rejects tax relief on foreign investment projects
SIFC had sought the exemptions during a detailed briefing to the IMF delegation
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Reko Diq mine set to start production by 2028
Copper, gold deposits will generate cash flow of $74b over 37 years
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Roosevelt privatisation moves ahead
PC board raises concerns about adviser's proposal; no foreign govt shows interest
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'Remittances may hit all-time high of $36b this year'
FinMin says 52,000 new investors have entered market; sugar sector crackdown boosts tax to Rs24b
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Gold steady for 2nd day
Prices show rare stability at Rs306,000/tola; rupee appreciates by 12 paisa, closes below 280/$
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Exports to US surge 11.23% in 7 months of FY25
Overall imports grow 10.88%, reaching $33.314 billion
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Meeting discusses steps to maximise cotton output
Pakistan's Cotton Crop Production Enhancement Committee meets to discuss strategies for boosting cotton yield
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China's firm to set up agri-industrial park
Aims to create two-way agricultural trade corridor
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Stocks fall on policy rate status quo
Investors exercise caution amid global equity sell-off, IMF review
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Passenger car sales rise 44.6%
New models, corporate buying, and higher used car prices drive growth; tractor sales fall as farmers struggle
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Aurangzeb discusses debt restructuring, climate challenges with UN officials
FinMin outlined ongoing partnership with World Bank in areas such as population management and learning poverty.
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IMF agrees to govt's proposal for electricity price reduction
Sources indicate that electricity base tariffs could be reduced by Re1 to Rs2 per unit.
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Gold prices remain unchanged for second consecutive day amid global stability
The international bullion market showed no fluctuation. result in no change in global and local market.
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Rs25,000 prize bond winners for March 2025 draw announced
Winners can claim their prizes by submitting their original bond and valid identification at National Savings branches
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Tesla shares fall 15%, erasing gains from post-election surge
The sharp decline came after a lowered delivery forecast from an analyst.
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Rupee trades above 280/$ for 1st time since Jan'24
Closes at 280.07 while remittances record inflows of $3.1b in Feb'25, reflecting surge of 38.6% YoY
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PSX flat over policy rate, IMF uncertainty
Index falls 42 points as foreign outflows, expected inflation surge weigh
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PARC faces legal challenge over hiring process
IHC questions chairman's reappointment as legal notice seeks to halt recruitment
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Energy firms locked in row over coal supply
Dispute sparks calls for accountability, intervention of power ministry
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IHC questions 'look-after' charge
Minister defends decision, saying chief economist appointed temporarily
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Govt seeks to diversify lending beyond banks
The discussion focused on the growth of the insurance sector and its contribution to the national economy.
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Industrialists decry MPC decision to keep rate on hold
Warn that industries are already struggling to survive, further downsizing is expected after Eidul Fitr
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Palm oil stocks hit nearly 2-year low
Malaysia's palm oil stocks at the end of February fell 4.31% from the previous month to 1.51 million metric tonnes
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SBP holds policy rate at 12%
MPC cites widening C/A deficit, tax revenue shortfalls as key concerns
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Rwandan envoy visits Punjab industries
HC goes to Sialkot, Faisalabad and Lahore to highlight trade potential
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SBP maintains key interest rate at 12%
Since June 2024, the SBP has reduced the policy rate by a total of 1,000 basis points (bps)
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Reviving a legacy: Faisal Town to transform Lahore’s historic hotel into a modern landmark
This project combines historical significance with modern luxury to reflect Lahore's vibrant spirit
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Monetary policy: time for caution
Moderate cut is warranted that preserves policy flexibility, maintains credibility
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China hits back at Canada with agri tariffs
Retaliates with $2.6b duties on rapeseed oil, oil cakes, aquatic products, and pork as warning shot
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Govt empowers females to thrive in digital world
State minister says Pakistani young women have excelled, emerging as tech leaders
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Women are leading fight against climate change
PM's aide calls for gender equality in climate action, gender-responsive policies
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PSX ends higher amid low inflation
KSE-100 gains 1,147 points on hopes of rate cut, Rs1.25tr circular debt deal
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Japan must fix 'misunderstanding': ex-BOJ chief
The dollar ended this week around 148 yen.
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'Prioritise agri, tech, energy fields'
Pakistan must leverage AI, EVs, biofuels for sustainable growth, say experts
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PSX: trends and challenges
Well-regulated market will not only attract local investors but also make Pakistan attractive destination
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Can gamification save illiterate kids?
Going route of conventional brick-and-mortar schools is not scalable solution
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Laffer curve: are high rates hurting revenue?
With widening tax shortfall and rising illicit markets, Pakistan's taxation policy may be backfiring