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Centre asks K-P to take over electricity firms
Province fails to support action against rampant power theft
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Textile exports dip 7.7% as pessimism prevails
Industry awaits business-friendly policy, subsidised energy tariffs
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Reserves stay stable despite $1b repayment
SBP’s forex reserves rise $14.4m to $8.05b in week ended on April 12
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Ride-hailing firms eye exclusive SOPs
Urge govt to ensure fair taxes to promote competition, revamp infrastructure
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Macroeconomic outlook improves markedly: SBP
Governor highlights prudent monetary policy, key reforms
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IMF, WB cite progress on global debt issues
GSDR had helped forge consensus on how processes could be improved, including on comparability of treatment
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Profit-booking pulls stocks down marginally
KSE-100 index sheds 43.20 points, settles at 70,290.12
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LSE sees 2.3% growth, more poverty in 2024
Conference discusses need for 10% of taxes to be spent on lower-income households to eliminate poverty
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Tap semiconductor sector, says Tarar
Calls for joint efforts to harness youth’s potential, drive economic advancement
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ICT sector poised for investments: ITT minister
Khawaja reveals plan to make laptops locally for affordable access
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Power sector faces Rs560b in losses
Minister urges privatisation of struggling DISCOs, unveils plan to combat theft
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PMPKL laments significant decline in volumes within legitimate tobacco sector
'Substantial excise increases tend to inflate the prices of tax-paid cigarettes'
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Pharma industry needs urgent reforms
PPMA chief seeks govt intervention to make sector regionally competitive
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Pakistan to miss budget deficit goal
Report shows gap to remain at 7.4% of GDP, nearly Rs1tr above deficit limit
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$10m climate financing initiative launched
Activity aims to advance Pakistan’s capacity to respond to climate change effectively
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Rupee depreciates to four-week low
Gold continues to surge, stands at new record high
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Stocks extend losses on profit-taking
KSE-100 index drops 150.34 points, settles at 70,333.32
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Global financial giants back Pakistan’s economic reforms
WB, ADB, and IFC affirm support, highlight international confidence in economic agenda
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SMEs to get affordable credit facilities
Cabinet discusses financing structure on pattern of other developing states
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Car sales decline by 36.9% in FY2024
PAMA also reports dips of 45.2% in truck sales and 39% in bus sales
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SBP penalises 7 more banks for forex violations
Imposes fines of Rs775.54m on financial entities amid low foreign reserves
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Textile millers advocate export-centric policies
Demand reduction in energy, tax rates to become competitive globally
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Only 50 retailers register with FBR
Despite mass campaign on expanding tax net, govt drive remains unsuccessful
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Economic woes dampen investor confidence
LCCI President Kashif Anwar voiced reservations regarding the Tajir Dost Scheme
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Attock Cement adds new production line
Expands idle capacity at a time when construction activities remain subdued on elevated inflation, interest rates
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PSX ends winning streak as investors pause
KSE-100 index dips 60.92 points, settles at 70,483.66
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KATI president urges reversal of POL hike
Warns of industry collapse, unemployment amid rising production costs
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Geopolitical tensions send gold to new peak
Rupee loses ground, hits nearly four-week low vs dollar
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Cement makers told to print expiry dates
CCP says cement loses strength after 4-6 weeks of storage
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Terminal operator to invest $75m
Will inject more capital later to enhance efficiency, save shipping costs
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Production at big industries slows down
LSM index contracts 4.14% in Feb as compared to previous month
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Aurangzeb unveils economic plan
Outlines measures to boost tax revenue, attract FDI during Washington visit
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Rupee under pressure, hits 3-week low
SBP’s foreign currency reserves drop nominally to $8.04b
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Mughal Energy offers 10% shares for GEM board
Bank Alfalah eyes 84.51% stake in Samba Bank, SNB evaluates offer
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Alarm over ‘reversal’ of development
World Bank highlights gap between income growth in poorest vs richest states
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Oil sheds 1% after Iran attack
Oil benchmarks had risen on Friday in anticipation of Iran’s retaliatory assault
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Saudi visit, IMF talks take PSX to new record
KSE-100 index rises 229.86 points, settles at 70,544.58
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Pakistan’s regional exports rise 20.6%
China topped the list in terms of Pakistan’s exports to regional nations
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Urea sales estimated to rise 21%
Demand grows despite frequent increases in fertiliser prices
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‘All plants to shift to local coal’
PM says move will save $800m; okays WACOG resulting in 41% gas price hike
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Banks hesitant to fund wheat buying
ECC members say provinces should seek loans on their own without govt guarantee
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IT experts push for digital solutions
Say e-marketing offers many strategies to businesses, even with small budgets
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Petrol price hiked for 2nd time in April
Govt says prices increased in view of rising prices in international market
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Sound money needed for stability
Economy is struggling with low growth as it lacks prerequisites for prosperity
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Pakistan needs a more holistic pro-trade strategy
Policymakers must ensure export-oriented strategies prioritise enhancing businesses’ capabilities, productivity
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Decentralisation and local development
Current centralised system of administering local govt cannot provide facilities to low-income people
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Human capital development for Islamic finance
Upgrading knowledge, skills of current banking professionals a paramount concern
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Avoiding trade war amid global tension
Washington must recognise Beijing as a superpower – shifting from a unipolar world
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India asks companies to fire up power plants
To meet rising electricity demand in hot summer months
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Research firm warns of threat from deepfakes
Finds availability of deepfake creation tools, services on dark net