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Rupee slowly regains value vs dollar
Nears 3-month high, hitting Rs284/$
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Crackdown pulls down gold price sharply
Bullion now costs Rs188,000 per tola
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Bank deposits are perfectly safe: SBP
Clarification comes as media reported risks for deposits exceeding Rs500,000
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NEPRA okays Rs1.71 per unit hike in power tariff
Raise approved on account of FCA for August
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Minister charts ambitious course
Aims to collaborate with Middle East for expertise in hydrocarbon exploration
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OPEC+ holds policy steady as Riyadh, Moscow keep cuts
Ministerial committee will continue to closely assess market conditions
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Experts seek proper energy infrastructure
Underscore urgency of data-driven approach to expedite transition
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Alvi calls for gender-responsive policies
Urges equal opportunities for women in education, jobs and politics
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In winning run, rupee stands below 285/$
Currency gets boost from steps taken to control leakages under ATT
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Textile exports continue downward spiral
Decline by 12% month-on-month to $1.35b in September
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PSO diversifies business to boost revenue
Sets up fintech, venture capital and renewable energy companies
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1% rate hike adds Rs600b to debt cost
If ministry's claim is accurate, budget for FY2024 is understated by Rs2.4tr
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Subsidised gas supply extended by 6 months
Decision on import of 200,000 tons of fertiliser postponed
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Rice exports likely to soar 40%
USDA estimates Pakistan will export 4.8m tons of rice, fetch extra $1b
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Cement sales decline by 3.96% in September
Total despatches reach 4.115 million tonnes, down from 4.284 million tonnes last year
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Digital payments may help solve challenges
Digitisation can boost Pakistan’s GDP by 7%, create 4m jobs
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Further tax on salaried class sought
World Bank asks govt to tax income below Rs50,000, cut Rs500,000 threshold
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Minister calls for national seed policy
Malik called for a uniform regulatory regime across all crop varieties to enhance Pakistan’s seed system
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Petroleum sales fall to 44-month low
Record high prices drive down oil demand to 1.06m tons in Sept
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Rupee hits three-month high against US dollar
Reaches just below Rs286/$ on improved supply of foreign currency
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Pakistan needs ‘careful’ economic management to get macroeconomic stability: WB
The poverty headcount in country is estimated to have reached 39.4% in FY23, says report
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Rupee continues to rally against US dollar, gains Rs1.04
The sustained appreciation of the rupee is being attributed to an increased supply of greenback
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CDNS to reimburse Rs1.2m to fraud victim
Alvi calls for FIA to investigate account emptied via fake cheque book
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World Bank cuts China’s 2024 growth outlook
Trims prediction to 4.4% from 4.8%, cites weakness of property sector
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PSX celebrates World Investor Week 2023
CEO says market offers robust returns, encourages youth to participate
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Production halted as textile, auto demand falls
Two companies announce partial shutdown of operations to cope with falling demand
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Oil prices fall 2% to 3-week low
Traders opt for profit-taking as forecasts of rising crude supplies build pressure
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Cnergyico receives first Russian oil cargo
With handling of 100,000 tons of oil at SPM facility, bigger ships can now be berthed in Pakistan
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Rupee maintains impressive 18-day rally
Hits new two-month high below Rs287 against US dollar in interbank market
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Trade deficit shrinks by 42% in Q1
Drops to $5.3b on reduced imports, while export sector poses challenges
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WEXNET 23: A three-day extravaganza redefining women empowerment and success in the business world
With esteemed partners like USAID-ERDA, Daachi and SMEDA, the event stands as a beacon for women entrepreneurs
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Significance of Sukuk in Pakistan
A cost-effective financing tool amid restrictions on conventional options
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Power reforms: Broken promises and rising costs
Are unabated market reforms in the power sector delivering?
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Capitalising on human capital
Pakistan witnessing biggest exodus of human resources in its history
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The rise and fall of dollar
If panic buying is controlled, then rupee will easily appreciate by Rs25-50
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How can Pakistan capitalise on Saudi’s Vision 2030?
The new policy must be free of rhetoric and focus on real-time situations
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PSX leads in global markets
Ranks sixth among best-performing markets with 12% growth in Q3
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POL prices slashed by up to Rs11 per litre
From Oct 1, petrol will be sold for Rs323.38 per litre and high speed diesel for Rs318.18 per litre
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LPG prices increased significantly
OGRA sets consumer price at Rs260,986 per ton for October
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Egypt, Pakistan on watch lists
Both countries will be on watch lists for demotion from “secondary emerging” markets
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Inflation shows slight dip
Annual rate, however, remains alarming at 37.33%
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Markets in Q3: Gains, pains and oil reigns
World stocks lost almost $6 trillion since late July, Q4 set to be action packed
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Pak-GCC free trade agreement signed
FTA represents most comprehensive, contemporary trade agreement Pakistan has ever signed
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PSX edges lower in lacklustre trading
KSE-100 index falls by 0.4% week-on-week, settles at 46,233 points
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Govt expands SIFC mandate
Hands over most areas on economic agenda to joint civil-military-led forum
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Rupee may stabilise at 285/$
Appreciation beyond this level could lead to widening of trade, current account deficits
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Largest coal miner to boost output
CEO says SECMC aims to up production by 50% to 11.5 million tonnes in 2024
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Tax collection beats target by big margin
FBR receives Rs2.023tr in Jul-Sept, up by Rs46b than IMF’s target
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Govt projects 31% rise in inflation
Aligns with ADB highlighting Pakistan as having highest inflation rate in Asia
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Investment in Reko Diq sought
OGDC, PPL decide to hire advisers to engage with sovereign foreign investors