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High courts’ role in privatisation ends
President issues ordinance to avoid delays in sale of assets, resolve disputes
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Hearing on KE tariff adjustment on Dec 20
Energy ministry seeks quarterly adjustments of Rs0.468 and Rs1.248
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IT experts call for fintech infrastructure enhancement
Raise concerns over regulatory complexities, cyber security risks, data privacy
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ADB keeps growth forecast at 1.9%
Report cites moderate economic confidence, high inflation as constraints
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With slight uptick, rupee stands at 283.61
Dollar demand dips after weakening of global oil prices
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FM pushes privatisation of state insurers
Says move will reduce public sector dominance, attract foreign investment, elevate insurance penetration
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Stocks undergo sharp correction on profit-taking
KSE-100 index tumbles 1,146.62 points, settles at 65,280.16
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Key agreements with KE delayed amidst cabinet objections
ECC to reconvene early next week to address members’ observations
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Russia exempts 1.2 billion egg imports from duty
Egg prices have risen more than 40% so far this year
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Default probability not strong: Fitch
Agency affirms ‘CCC’ rating for Pakistan that reflects high funding risks
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Fitch affirms Pakistan's rating at 'CCC' with stable outlook
Agency says ‘CCC’ rating reflects high external funding risks amid high medium-term financing requirements
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Policy rate left unchanged
Decision comes ahead of IMF board meeting; SBP expects deceleration in inflation
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‘Non-stop winter flow of gas to fertiliser sector’
Minister says govt ordered two LNG cargoes for December, one for January
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Pakistan, China vow to further enhance trade
Agree to work on outcomes of joint study conducted by two sides
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Committee formed for tax reforms
Aim is to broaden tax base, simplify rates, advocate fair treatment of active filers
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Exporters call for reforms to spur growth
Suggest foreign investments, energy cost reduction, and bureaucratic overhaul to transform economic landscape
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PSX rebounds strongly on policy rate status quo
KSE-100 index surges 414.46 points, settles at 66,426.78
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Progress on dam projects reviewed
Committee commends WAPDA, highlights land acquisition success
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Gas utility hires secretary accused of fraud
SSGC initiates investigation, terminates employment contract
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Rupee hits 6-week high
Settles below Rs284/$ as RDA inflows prove instrumental in stabilising forex
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FBR resists restructuring efforts
Defends exclusive mandate on tax policy formulation
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Saudi Aramco to buy 40% stake in major Pakistani oil company
Planned acquisition is one of the world's leading oil companies' first entry into Pakistani fuels retail market
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SBP holds key rate at 22% for fourth straight meeting
Core inflation is still at an elevated level and is coming down only gradually, says policy statement
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Christmas preparations spark joyful anticipation
Festival proves to be a blessing for shopkeepers, who earn good business by selling festival-related essentials
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Despite no allocation, ECNEC okays big scheme
Approves Thar Coal railway project worth Rs53.7b without budget allocation, challenges IMF commitments
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ADB approves $155m for women’s access to finance
Comprises of $100m for reforms, $50m to enable lending, $5.5m to finance related activities
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Markets predict no change in monetary policy
Marks departure from earlier predictions suggesting possibility of modest rate cut in Dec 2023
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PM orders competitive electricity rates
Says competitive prices for industries will boost trade activity
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Stocks snap record-breaking spree
Investors book profit as KSE-100 index falls 211.31 points
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Rupee dips, but RDA spikes to $7b
Currency ends nine days of gains on foreign currency squeeze
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Gas tariff hike sought
OGRA conducts public hearing,reserves verdict
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Businessmen decry ‘undue’ burden on traders
Call for cohesive, clear charter of economy to offer stability, guidance to business community
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AI experts eye agriculture sector
Emphasise urgency of executing AI promptly as most significant step in sector
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Metro Bus Authority warned over wage law violation
Labour dept takes strict notice after matter reported on PM’s Portal
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Economic revival, CPEC and Agenda 2047 – II
There should be ban on inter-ministerial transfers, postings of bureaucrats that will help polish their skills
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Biogas from fodder (Napier) grass
Elephant grass production has begun recently, but it is being used for fodder
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Financial globalisation and stock market
Whenever market bubbles burst, they create havoc in real economy, affect long-term growth
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Revitalising Pakistan’s export engine, economic activity
Strategic reforms crucial to propel exports into new era of competitiveness, innovation
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Consequences of price controls
Price Control Order leads to market distortions and soaring inflation
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Rs573m saved in PSX Sukuk auction
Govt sells Rs30b worth of bond to investors at rental payment of 19.52%
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Work on Mansehra substation starts
It will transmit power from Dasu station to Islamabad grid
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Traders assured of restoring road infrastructure
Industry awaits release of approved Rs1.1 billion funds by Sindh
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In line with global trend, gold hits 3-week low
International market retreats as investors resort to profit-taking
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Investors review privatisation plans
Believe govt initiatives will result in favourable investment environment
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High living cost drives immigrants away
Some 42,000 people left Canada in first six months of 2023
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Ethiopia nears default as talks falter
Covid, civil war leave African nation struggling to pay debt
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China’s consumer prices fall fastest in 3 years
Deflationary pressures rise over weak domestic demand
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PSX dominates global markets
Marks unprecedented surge as KSE-100 rises 4,532 points, or 7.3% WoW
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Rupee at 5-week high over IMF loan optimism
Currency gains ground vs dollar for ninth consecutive day
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Remittances slow down to $2.25b
Fall 9% from $2.46b in Oct due to volatile exchange rate