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Forex reserves rise 0.22% to $7.91b
The central bank’s foreign currency reserves reached $7,912.9 million in the week
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Gas utility increases LPG imports to stabilise prices
Consumers forced to pay sharply higher prices as black market thrives
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Rupee stabilises at five-month high amid IMF talks
Pakistan poised to receive the next IMF loan tranche of $1.1 billion soon
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US waiver for Iran gas pipeline project sought
Energy minister outlines dual strategy, promises sector reforms to tackle losses
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In sharp U-turn, stocks turn bullish
KSE-100 index surges 1,015.82 points, settles at 65,064.27
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PWSMA pushes for digital tax fix
Calls for QR-Code mandate to curb billions in evasion, highlights FBR’s resistance
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Seafood exports to China surge by 13%
Rising demand, strategic partnerships drive growth in trade, says official
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SBP expected to maintain rates at record 22%
Analysts eye rate cuts in Q2 2024 as CPI rises 23.1% YoY
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Corporate dividends hit record $1.66tr
The world’s biggest dividend payers in 2023 were Microsoft, followed by Apple and Exxon Mobil
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Rupee appreciates to 5-month high
Wednesday’s close was the highest level since October 17, 2023, when rupee stood at Rs277.03/$
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Bears tighten grip ahead of IMF review
KSE-100 index dives 753.26 points, settles at 64,048.44
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Experts call for regulation of ChatGPT in education
Urge stakeholders to combat misuse of AI, encourage critical thinking to safeguard learning integrity
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Rise in used car imports raises alarm
Surge by staggering 684% in first six months reflecting consumer preference
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No mini-budget despite missed target
FBR assures govt of meeting annual target of over Rs9.4 trillion
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Mobile banking users grow 8% to 16m
SBP’s Q2 report highlights progress in payment ecosystem
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PSX launches Shariah-compliant ETF
Mahaana Islamic Index ETF offers investors access to top Shariah-compliant firms
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Oil prices may be left unchanged in Ramazan
Estimates show mixed trend in movement of petroleum product prices
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SBP investigates misprinted Rs1,000 notes in circulation
Says faulty notes can be exchanged at any of the 16 designated offices of central bank
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Socio-economic imbalances persist
So far, 12 development plans have failed to remove structural bottlenecks
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Illegal cigarette sales surge in south Punjab
PTC says tax-evaded, smuggled cigarettes being sold openly
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Pakistani firms showcase textile expertise
Eighteen companies exhibit latest products, innovative technologies at Shanghai expos
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Railways’ revenue rises to Rs55b in 8 months
Earnings grow 49% despite financial crisis due to flood damage
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PSX slumps on rate, IMF review uncertainty
KSE-100 index dives 953.60 points, settles at 64,801.70
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Car sales drop 8% amid economic strain
Rising prices, consumer constraints drive decline
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Punjab greenlights Rs100b Innovation City project
CM allocates Rs10b for initiative set to generate one million jobs
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Oil steady as OPEC retains demand forecasts
Recent data emanating from China has suggested weakening demand
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Banks achieve 86% growth in profits
Boost total earnings to record high of Rs572b amid higher interest rate season
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PM pushes for IT sector expansion
Targets billion-dollar exports, orders comprehensive roadmap to harness IT potential
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New finance minister appointed
Experienced banker brought in as IMF mission to review on March 14
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Bitcoin hits record above $71,000
Flows of capital into 10 largest US spot bitcoin exchange-traded funds slowed to a two-week low in the week to March 8
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E&P firms to step up efforts to find new deposits
Hope to receive outstanding dues from gas utilities, which will improve cash flow
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JV with Chinese solar firm to bring $700m in investments
Includes establishment of distribution networks, dealer’s network, warranty and service centres
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AJK to get telecom licence fee
Govt approves changes to law for transferring fee, spectrum proceeds to AJK govt
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PC leads efforts to revamp framework
Chairman stresses need to define federal, provincial jurisdictions
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Rupee comes down from 4-1/2-month high
In the open market, however, the rupee maintained its uptrend for the fourth consecutive working day
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Industry leaders decry skyrocketing gas prices
Call for govt, SIFC intervention as businesses struggle to survive
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PSX wipes out all gains, falls marginally
KSE-100 index sheds 38.45 points, settles at 65,755.31
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Bitcoin hits record above $71,000 as demand frenzy intensifies
Bitcoin rose by as much as 4.8% to a record $71,677 in European trading, bringing gains for the year so far to 70%
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Aurangzeb assumes role as finance minister amid economic challenges
Seasoned banker receives a warm welcome from finance secretary and other senior officials of the ministry
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Tax troubles of salaried class
In upcoming budget, this class should be relieved of paying high taxes
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Economic growth is like magic potion
Pakistan needs pro-growth policies such as tax cuts, freer trade, minimal regulations
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Gaining economic independence
From steel sector setbacks to educational neglect, country needs swift action
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Cheaper Chinese EVs dominate world markets
Environmental fears, tech advancements drive shift towards sustainable transportation
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Reforms in Planning Commission-II
Semi-reform, evolutionary process of PC may be uphill task, but it must be pursued
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Kyrgyz envoy stresses deep economic cooperation
Says Kyrgyzstan has made liberal laws to woo investors, facilitate mega projects
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‘China’s opening conducive to foreign businesses’
A major driver of growth will be renewable energy and related industries and infrastructure
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Legal issues hinder projects’ transfer
Provinces reluctant to take over 357 schemes due to legal, contractual challenges
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Abu Dhabi-owned firm eyes growth
The company has reached a deal to buy both AvoAmerica Peru and Bomarea from US-based Solum Partners and Alpine Fresh
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Customs unearths Rs1b tax fraud
Company imports tax-free raw material for sale in local market
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With political calm, PSX advances modestly
KSE-100 index rises 468 points, or 0.7% WoW, settles at 65,794












































