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PSX sheds 1,141 points, falls below 78,000
KSE-100 stands at 77,323 points during intraday trading from previous close of 78,225 points
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Government forms task force for urgent power sector overhaul
PM's decision comes amid protests and sit-ins demanding relief from the financial burden of rising electricity prices.
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Cutting govt’s size finally
Still, many are sceptical something concrete will emerge this time around
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Learning from China’s 4-decade economic miracle
When everyone wants a piece of the pie, investment and growth remain elusive
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Financial globalisation and shrinking policy space
Stabilisation measures reduce inflation, but increase real exchange rate
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Upcoming auction for mobile internet
For a change, let go of the old tried, tested and failed practices
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A return to Trumponomics
Trump’s policies will put pressure on Chinese trade, may destabilise Pakistan
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PSX remains volatile amid mixed indicators
KSE-100 index adds 196 points, or 0.3% WoW, closes at 78,226
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MSCI set to add four Pakistani firms to FM index
Inclusion could boost nation’s FM index weight, attract $20-45m in inflows
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Cement sales fall 7% as economic activity slows
Mills dispatch 3.01m tons in July, down from 3.2m tons last year
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Govt adopts irrational pricing policy
Budget heavily relies on borrowing, taxes to meet increasing expenses
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Govt unearths Rs135b petrol scam
Dangerous adulterant sold as high quality petrol damages engines, costs treasury
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Berkshire sells 390 million Apple shares
Stokes fears about broader US economy, high stock market valuations
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Google signs licencing deal with Character.AI
Start-up to get more funding as part of deal, amount remains undisclosed
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Karachi exhibition draws thousands
Rare ticket collection, green entrepreneurship seminar gain acclaim
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Overseas Pakistanis invest $1.9 billion through RDA
Bring inflows to $8.25b amid economic stability, higher returns on NPCs
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Gold prices dip in international and local markets
In the international bullion market, the per ounce price of gold dropped by $15, bringing the new price to $2,443.
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CCOP okays sale of six power firms
Despite sell-off, consumers expected to bear burden of losses exceeding Rs200b
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Govt to import expensive urea to meet shortfall
ECC approves purchase of 100,000 tons at $359 per ton
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Short-term inflation slows to 26-month low
SPI reading decelerates to 18.41% compared to last year
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Gold soars to record high
Surges to all-time high at Rs257,300 as weak US jobs data, ME tensions fuel demand
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Bulls return on economic recovery hopes
KSE-100 index posts gains of 485.68 points, settles at 78,225.98
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$5b investment in E&P at risk
Proposed new framework for gas allocation to third parties deters investors
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Shah highlights potential for cheap electricity
Points out Sindh’s role as Pakistan’s energy basket, calls for fair use of provincial gas
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PSX rallies to gain 688 points amid volatile week
KSE-100 saw 0.89% increase to reach a new intraday high of 78,434.16 points
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OMCs allowed imports to bridge deficit
Pakistan has a well-established system of ascertaining the requirement of crude oil and refined products
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PSX experiences volatility on profit-booking
KSE-100 index loses 146.68 points, settles at 77,740.31
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Aurangzeb calls for reforms to ensure last EFF with IMF
Stresses on privatisation, export-led growth, FDI for macroeconomic stability
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Textile millers come up with charter of demands
Urge govt to take policy rate into single digit, remove unreasonable taxes
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Tractor industry faces deep crisis
Experts lament removal of subsidies, warn of industry collapse
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SME financing with risk coverage unveiled
Aims to boost lending to SMEs by offering Rs1.10tr over 5 years, partial loss coverage to banks
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AIC exposes flaws in digitalisation laws
Report warns against data localisation, predicts economic impact, increase in cybersecurity risks
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Budget accelerates inflation in July
Month-on-month reading hits 8-month high due to taxes slapped in budget
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Pakistan to repay $24.8b in FY2024-25
SBP revises down foreign debt estimate by 5%, provides no explanation for reduction
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FBR exceeds target of Rs656b
Traders only paid Rs1,500 as non-compliance, property rates pose obstacles
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S&P report drives PSX deep into red
KSE-100 index drops 741.82 points, settles at 77,886.99
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Minister urges DPP to boost exports
Hussain calls for modernisation, transparency to drive growth
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Govt pledges support for G-B development
Aurangzeb stresses administrative, fiscal reforms for economic growth
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Fishermen demand immediate fuel subsidy
Stress that rising expenses, lack of support threaten livelihoods of thousands
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PSO loses 5% market share
Oil imports by private marketing firm eat into state-run company’s market
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APTMA seeks tax filing exemption amid delays
Textile industry faces operational hurdles as DISCOs fail to file returns on time
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Rupee continues to lose ground
Dollar demand likely to grow with easing of policy rate
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Profit, dividend repatriation rises to six-year high
MNCs send $2.2b abroad in FY24; State Bank clears all backlog
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Agri-tech pivotal for boosting productivity
Rana Tanveer says traditional farming practices unsustainable and inefficient

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