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Gold prices remain stable
The rates for both per tola and ten grams of silver have also remained unchanged.
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President removes hurdle to sacking DISCOs’ boards
Promulgates ordinance that empowers govt to remove independent directors of SOEs
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Fintech raises $5m for business expansion
Plans to register 0.5m Pakistani freelancers and help them increase market share
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Govt may use reserves to repay debt
Pakistan has to make large repayments that will keep default risks high
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China urges US to abide by market principles
Mao says China’s new energy products, including electric vehicles, are gaining popularity in international market
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Reserves rise to $9.11b on dollar buying
Rupee remains under pressure, closes at Rs278.39/$
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Cabinet turns down request for animal import
Cites FMD risk as food security ministry seeks one-time easing of rules
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Bears maintain grip at PSX over policy rate fears
KSE-100 index drops 356.51 points, settles at 73,862.93
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Over 50% industrial units shut down
Industrialists demand immediate govt action to avert impending disaster
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PIA bidder proposes reinvestment of proceeds
Says it will help fix airline’s issues, make profit in future
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ADB approves $250m expensive loan
Loan will help govt drive infrastructure investment via public-private tie-up
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Businessmen demand action against crimes
Warn of staging sit-in, strike if criminals are not arrested
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Stocks under pressure over policy rate concerns
KSE-100 index drops 447.22 points, settles at 74,219.44
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PSX against tax-driven distortions in asset classes
Calls for aligning CGT rates with tax applicable to real estate
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Reduction in power tariff demanded
Electricity prices to be reduced to 9 cents per unit for all industries while contracts with IPPs to be revisited
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Rupee stable on demand-supply equilibrium
Currency briefly extended gains by Rs0.13 and reaches intra-day high at Rs278.17 against greenback
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Auto sector seeks tax rationalisation
Insists increase in duties will help regulate excessive import of used cars
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Telecom firms barred from sharing information
Cabinet approves policy directives covering operations and installations of companies
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Stocks slump as budget uncertainty prevails
KSE-100 index nosedives 908.60 points, settles at 74,666.66
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Rupee rises following oil price fall
Currency has largely remained stable as it continued to move in range of Rs278-278.50/$ over the past several weeks
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Researchers seek incentives to promote organic farming
Propose shift to natural farming as such crops are toxin-free, not harmful to health
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Cigarette taxes cause heavy revenue loss
Study advocates effective tax policy to curb evasion, provide level playing field
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Led by exports, cement sales increase 8% in May
Industry asks govt to address concerns in upcoming budget
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Textile millers demand competitive tariff
Call for restoring zero-rated sales tax facility
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Petroleum levy collection target surpassed
Govt receives Rs907b against target of Rs869b with one month to spare
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Govt faces hard choices
Considers whether to scrap 15% tax on banks or collect more
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Poor people pay more taxes
Burden rises because of increase in share of indirect taxes to 85%
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Confidence in country's economic direction rises from 12% to 18%
Proportion of Pakistanis who describe economy as 'strong' has quadrupled since first quarter, rising from 4% to 16%
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Pakistan has to repay $10b by July
Pressure mounts on govt high-ups to seek rollovers, repay loans on time
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CAP calls for urgent retail tax reforms
Urges govt to restore 12% GST, revive POS prize scheme, simplify tax registration
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Six consortiums pre-qualify for PIA bid
Marks second extension to privatisation process; bidding process now expected in August
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With lower imports, trade deficit shrinks to $21.7b
Exports gain some pace, sparking hopes of meeting annual target
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IPAK makes its debut on PSX
Applications totalling Rs2.54b received against base issue size of Rs1.47b
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Rupee slips amid dollar supply downturn
Overall, the currency remained stable, fluctuating in the range of Rs278-278.50/$ for several weeks
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Inflation plummets to 2.5-year low
Drops to 11.8%, prompts speculation about key rate adjustments
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Profit-taking drives bourse down
KSE-100 index drops 303.22 points, settles at 75,575.26
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OPEC+ extends deep oil cuts into 2025
Worries over slow demand growth in top oil importer China have weighed on prices
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Business confidence up, but stays in negative zone
Index recovers four percentage points to negative 14% in Mar-Apr survey
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If I am the finance minister of Pakistan
Focus must be on fiscal prudence, innovative policies, strategic reforms to ensure sustainable growth
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Biting the hand that feeds you
If rich are taxed too much, they will flee for favourable pastures and not pay any taxes
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Navigating compliance in wheat imports
Complexities of agricultural trade oversight and role of SPS measures in safeguarding health
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Tough measures loom
Govt will need tax reforms, tariff hikes, depreciation to get bailout
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Economic policies: confusion prevails
Solution lies not in distorting market with protests, but in pro-market approach
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PSX makes correction in topsy-turvy week
KSE-100 index loses 105 points, or 0.14% WoW, settles at 75,878.48
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Industries demand full restoration of power supply
Claim to have suffered hefty losses, plan to approach court for relief
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Digital payment ceiling raised for cattle purchase
Pakistan’s central bank increases online payment limit to Rs5 million to facilitate purchase of sacrificial animals
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Minister invites hi-tech investment in CPEC-II
Engages Chengdu entrepreneurs to boost development, tech advancements
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Industrialists demand action to halt closures
High energy tariffs threaten SMEs, jobs prompting calls for sustainable policies
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Inflation control, job creation govt’s priority
Malik highlights reduction in fuel prices, promises relief in budget
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Oil, gas explorer awaits attractive shale gas policy
OGDCL has already pumped $30m, seeks incentives to accelerate development work