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Cabinet body mulls govt rightsizing
Considers options like closure of ministries, retention or transfer to provinces
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Business pessimism grows under ‘worse’ govt
Gallup survey reveals rising concerns over inflation, tax-heavy budget
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Pakistan plans rail links with Russia
Will set out strategic road map for safe trade by avoiding sanctions
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SIFC endorses refineries’ demands
Backs withdrawal of budget measures that may result in closure of refineries
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Pakistan formally requests Chinese debt restructuring
CPEC power projects outstanding payments surge to Rs401b, hinder financial ties, IMF bailout
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SSGC launches new high-pressure pipeline
Rs3.86b project to enhance fuel supply to industrial consumers
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Rupee rises despite $397m fall in reserves
Currency gains Rs0.09 ahead of $7b loan approval by IMF board
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Business owners slam govt for ‘economic mismanagement’ amid rising inflation, taxes
Prime Minister Shehbaz Sharif's govt termed ‘worse’ manager of economy, according to Gallup survey
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Britain’s mortgage crisis: soaring rates drive 320,000 into poverty
Study highlights how the sharp increase in borrowing costs has led to a significant decline in disposable income
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Rs2.63/unit power tariff hike proposed
NEPRA to hold public hearing on July 31 regarding proposed increase
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Govt unable to appoint KE director
Stay order granted by court prevents changes in composition of company board
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Salaried class taxed record Rs368b
Pays 232% more than combined taxes paid by exporters, retailers
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PSX buoyant over earnings, rate cut talk
KSE-100 index increases 409.92 points, settles at 79,397.01
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German envoy urges textile synergies
Calls for compliance with GSP Plus, familiarisation with supply chain standards
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Pakistan, Turkmenistan to expedite TAPI project
Agree on continuous engagement for regional energy cooperation
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Business leaders consider strikes over high costs
KCCI president criticises elite-friendly policies, calls for govt action as frustration mounts
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Farmers struggle with rising costs, high tariffs
No concrete measures taken to eliminate mafia, address seasonal input shortages
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US eases military export rules to strengthen AUKUS alliance: officials
Farnborough Airshow kicked off with deals worth $51 billion on its first day
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Government set to deregulate petroleum prices
Federal govt will transfer authority to set petroleum prices from government to oil marketing companies, say sources
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Stocks rebound on rate cut speculation
KSE-100 index advances 447.90 points, settles at 78,987.09
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US, China and UAE top export destinations
In FY24, exports to US drop, but shipments to China and UAE grow
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Indonesia for tapping true trade potential
Time is ripe for forging partnerships as Indonesia is largest SE Asia economy
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5G spectrum auction planned for March 2025
Committee stresses quality, infrastructure to guarantee uninterrupted services nationwide
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Govt policies slammed as ineffective
Business leaders call for urgent fiscal reforms, economic overhaul as crisis deepens
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PBC questions govt 'ambitious' export plans
Raises concerns over feasibility of $65b target without exporter input, clear measures
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Rupee eases on rising debt payments
Depreciates Rs0.11 at Rs278.41/$ in inter-bank market
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Mills seek govt nod for sugar export
Want to sell another 850,000 tons in overseas markets due to surplus production
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Major fertiliser players FFBL, FFC explore potential merger
Merger aims to eliminate double taxation, create operational synergy
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Govt to sell insurance firms’ stakes
Dismisses recommendations to declare these companies as strategic, essential
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Pakistan to connect Raast payment system globally
SBP targets connecting 60 countries within one year, boosting remittances, SME financing
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Fitch seeks data amid uncertainty
Aurangzeb briefs agency on economy; no discussion on predicted govt ouster
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PSX plummets on heightened political noise
KSE-100 index tumbles 1,578.70 points, settles at 78,539.19
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Global shares steady as Biden steps down
Markets reacted positively to news, S&P 500 futures up 0.5%, Nasdaq up 0.8%
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Power generation falls 2% YoY
Report shows negative growth in generation for two consecutive years
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Govt asked to prioritise growth despite IMF loan
Businessmen say IMF programme shouldn’t be used as excuse to slow down growth
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Rupee continues to move in narrow range
Loses Rs0.17 owing to rise in dollar demand for imports, building reserves
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Support units proposed for distribution firms
Power Division acknowledges failure to address inefficiencies, mismanagement
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Finance minister briefs Fitch Ratings on Pakistan’s IMF agreement, economic reforms
Aurangzeb says Pakistan plans to increase revenues by 1.5% of GDP in FY 2025 and by 3% over the subsequent three years
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For two years, economy in grip of stagflation
Path forward requires strategic focus on boosting productivity
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It is not happening; now leave it
For economic revival, ground realities and plea of different sectors being ignored
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Balancing exports and stability
Pakistan needs to adopt policies that encourage sustainable growth in exports
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Securing Pakistan’s energy needs
Incentives for adoption of renewable sources and energy efficiency critical for closing gaps
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Joining league of cyber powers: a long, winding road
Stricter US export controls, limited cyber offensive capabilities hinder progress for Pakistan