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Notable oil, gas deposits found in North Waziristan
Govt awards new blocks to ramp up exploration activities
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Business leaders lament law and order situation
Appeal to Sindh Rangers, police to launch joint operations against street crimes
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Plan sought for garlic self-sufficiency
Potentially eliminating need for annual import of Rs80 billion worth of garlic
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SIFC takes steps to save Rs149b
Cuts 76 provincial projects, freezes PM, parliamentarian schemes
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Sugar sector sees 78% surge in profits in FY23
Earnings reach record high of Rs22b, attributed to rise in sugar prices and higher margins
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Drop in T-bill yields propels stocks higher
KSE-100 index surges 697.72 points, settles at 64,617.57
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Solar panel demand soars as prices plunge
Internationally, solar panel prices have globally dropped from 26 cents to 13 cents
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Rupee stays stable at 10-week high
Dollar demand for fuel imports decreases after oil price fall
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Google lays off hundreds to cut costs
Microsoft, Google are betting on rising adoption of generative AI technology
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$3b export orders expected at Heimtextil fair
Pakistani exporters securing orders from Europe, other regions
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Govt set to pay $27.5b debt by Nov
Another IMF programme may be required to ensure smooth debt repayments
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IT minister announces official policy for 10,000 e-job centres
Aims to empower 1.5 million freelancers, enhance earnings to $10 billion annually
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FPCCI-SCC to collaborate
Highlighting significance of tourism, hospitality, cultural avenues in Scotland
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Karachi’s industrialists pin hopes for revival on 2024
Call for clear industrial policy, prioritising domestic investment over foreign investment
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Profit-taking pulls stock market down
KSE-100 index dips 250.73 points, settles at 63,919.85
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Pakistani textile innovation shines at Heimtextil 2024
Eco-friendly fabric made from maize waste captures global attention
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Remittances surge by 13% to $2.38b in Dec 2023
Stability in rupee-dollar parity, crackdown on illegal networks boost numbers
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Rupee surges on remittance boost
Sixth day of gains fuelled by positive IMF outlook, increased inflows
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Cyber incidents hit 15% of global firms
Study cites dearth of investment in bolstering cybersecurity system
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Oil prices fall 21 cents
Surprise jump in US crude stockpiles raises worries about demand in largest oil market
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Croatia seeks better trade relationship
Appoints honorary consul general in Karachi to enhance trade, streamline visa issuances
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Govt eyes major gas policy reforms
Seeks to reverse industry exodus, boost local production
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PC okays 51% PIA stake sale
Cleanses its balance sheet by transferring most of Rs825b to holding company
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Markets confident about approval of IMF tranche
Cite PSX emerging as best-performing market in second half of 2023 as evidence
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Fund established for investment in IT projects
Govt plans to earmark up to Rs2b for startup fund every year
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EU envoy urges businesses to capitalise on new GSP+
Warns that upcoming EU elections may change properties of current programme
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PM ensures undisturbed power for Karachi
Need to formulate policies that consider purchasing power of electricity consumers, their welfare
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BankIslami calls for more Islamic banking
CEO says Islamic KIBOR can be introduced after Islamic banking reaches 40%
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Despite fall, PSX stays above 64,000 mark
KSE-100 index dips 66.45 points, settles at 64,170.58
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Rupee rises to two and a half month high at Rs281.26/$
Fresh surge in currency is attributed to reports of exporters advancing selling greenback on future
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ECC okays up to 5% increase in urea prices
Urea manufacturers will receive Rs30b from consumers in one year
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$600m loan linked to IPP debt
Chinese officials say working to accomplish task, no conditions attached
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$600m commercial loan linked to IPP debt
Chinese officials say working to accomplish the task promptly, no condition attached
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Tech industry calls for women’s participation
Urges mentorship, diversity, and supportive ecosystems to boost opportunities
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Apple’s China iPhone sales plummet 30%
Growing competitive pressures from domestic rivals such as Huawei for US tech giant
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Engro eyes telecom towers, construction materials
Research predicts company shares to hit Rs490 by Dec 2024
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Telecom operators decry social media blackout
Point out such actions adversely impact Pakistan’s global image
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Rupee ticks up to new 10-week high
Gains ground for 4th straight day, ahead of IMF board meeting
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Political uncertainty leads to PSX’s descend
KSE-100 index dips 277.87 points, settles at 64,237.03
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Chinese invited to explore joint ventures
FPCCI chairman highlights lucrative prospects in pink salt, textiles, etc
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Pakistan-Afghanistan trade reaches stalemate
Ban on some goods in transit trade, processing fee major obstacles
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Mid-air blowout puts Boeing in hot seat
Jetmaker has been under pressure to expand MAX portfolio of 171 airplanes
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Auto industry eyes 2024 recovery
Inflation struggles, plant closures, and export successes shape complex year
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A futuristic industrial policy
It may boost exports to $100b within five years through export-led development
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Sleep walking into a climate apocalypse
Immediate need is to mobilise private capital to drive shift towards sustainable, green economy
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Integrating climate into education
Half knowledge fails to address problem, exacerbates existing ecological issues
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Spending restraint a must for economic stability
Consensus on privatisation, power sector restructuring can steer towards stability
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What to expect in new year
In terms of economic growth, there is hope 2024 will be much better than 2023
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Pakistan to shine at Heimtextil 2024 trade fair
Marks participation as 4th largest country, boasts over 273 textile companies exhibiting
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Salaried class has high tax share
Workers contribute more than exporters at Rs158b, marking 38% increase