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Indian startups struggle as funding crunch bites
Startups may end up raising less than $10 billion this year
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Govt, donors discuss steps to fight food insecurity
Meeting told nearly 48% of households lost cereal stock in floods
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REER index goes down by 1%
Drops to 85.6 in March 2023 compared to 86.48 in February 2023
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CAD achieves surplus of $654 million in March
Comes after gap of 28 months, and is significantly higher than expected surplus of $200-300 million
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Travel industry struggles as airlines relocate transaction operations
Businessmen say thousands could be unemployed if agents can’t continue operations
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China’s BRI not a ‘debt trap’: Ahsan Iqbal
Says negative perception concocted to spread propaganda
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Govt borrows Rs599b via T-bills auction
Raises debt well below Rs1tr target; rupee remains stable
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Oil holds steady on strong China data
Market pressured by Iraq taking steps towards resuming northern oil exports
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G7 to push for global fossil fuel phaseout deal
UN associate warns of possible hurdles in way of the pledge
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Banks to post profit for third quarter
It is attributed to surge in policy rate, investment in govt debt
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Rupee makes surprising recovery
Hits two-and-a-half week high at Rs283.90 against the US dollar
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NEPRA cuts tariff by less than one paisa
Notes expensive plants were run to generate electricity in Feb
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Uzbek envoy agrees on removing trade barriers
Qamar declares his full support for the ambassador in drive to explore new avenues of mutual investment
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Pak Suzuki Motor reports highest quarterly loss
Registers Rs12.9b loss in Jan-Mar, caused by lower sales and high finance cost
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Wheat output increases by 1.6%
Total output is estimated at 26.81m tonnes during the Rabi season 2022-23
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‘Digitisation of power sector should focus on transmission’
Experts say out-of-the-box thinking required to escape energy dependency
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Govt shares with IMF plan to secure $3b
Informs lender about its plan to secure a $450 million worth support loan from RISE-II budget
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‘Economy is on the brink of collapse’
Experts say urgent focus is required on increasing exports, decreasing spending
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Deal inked to lift microfinance sector
British institution to cover 50% risk on financing worth $40m
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Gwadar free zones to become export industrial parks
Investors will be exempt from all provincial, federal taxes and duties
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MEPCO’s 1.9m poles a risk to people’s lives
Electric poles have no earthing system; company plans to outsource task
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‘Avanceon, ZOMCO JV an opportunity for Pakistan’
Experts believe partnership will revolutionise regional IT industry
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Pakistan eyes 14,000MW clean energy
Experts call for encouraging Chinese investment in solar and wind power
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Big industries contract by 12% in February
Reeling from supply-chain disruptions, high costs, economic slowdown
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Socialist babus, central planners
They promote ideas that contain dangerous consequences for economic future
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Will the salaried class always have to struggle?
A mid-level career professional ends up paying almost 50% of his salary in taxes
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Carrots and sticks: balancing industrial policy
How might landscape have evolved if export subsidies were tied to performance metrics?
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The cost of infighting, conflicts
Last 13 years worst for economy as tug of war continues among power holding elite
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Energy efficiency and conservation initiatives
Situation is really bad, although wall and roof insulation technology is available for decades
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Classic cars roar into investment funds
Vintage cars have risen 185% in value over the past decade, Ferrari fetched $48m Mercedes-Benz $149m
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Earnings may offer clues on US economy
Investors gauge whether Fed tightening, banking mess denting overall growth
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Pakistani jewels dazzle at Hainan Expo
Island’s FTP is scheduled to initiate independent customs operations by the end of 2025
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PSX flat as investors stay away
KSE-100 index edges up by 155 points, or 0.4%, at 40,206
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US for greater scrutiny of hedge funds
It comes after upheaval in US govt bonds
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Parts industry seeks meeting with Dar to avert closure
Appeals for removal of auto sector from ‘nonessential import items’ list
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All political parties must come together for stability
Business leaders propose discourse for Pakistan’s political and economic stability
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‘G7 must help emerging states reduce emissions’
Ministers from rich nations meet for climate, energy talks in Japan
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Financial institutions directed to adopt facial recognition feature
SBP measures to be implemented by December 31, 2023
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Govt jacks up petrol price by Rs10 per litre
The prices of High Speed Diesel and Light Diesel Oil remain unchanged
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Businessmen predict negative growth in FY23
Call for protecting export-oriented industries to save economy
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Fuel subsidy plan hits roadblocks
Oil dealers object to cross-subsidy, fearing they will not be reimbursed on time
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Petrol price may go up by Rs15/litre
Diesel rate expected to rise by only Rs0.30 per litre
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Rupee recovers on $300m Chinese financing
Inflows will shore up forex reserves, defend currency
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Reliance on imported fuels grows by 9%
Continued to surge for 2nd consecutive month, hitting $2.03 billion in March
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Tesla cuts vehicle prices in discount drive
Prices slashed due to improvement in production capacity
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Dar urges release of $900m loans
The two loans are critical to achieve staff-level agreement with IMF
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Economy suffering due to global shocks: SBP governor
Says external balance of payments barring access to intl markets
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PRGMEA opposes long Eid holidays’ decision
Says it can cost the nation billions in external trade
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Boeing shares tumble 6%
Delivery of 737 MAXs’ halted as quality issues rise
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Inflation ebbs despite surge in prices of 26 commodities
PBS weekly report says inflation decreased by 0.6% on a weekly basis