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SNGPL to lay dedicated pipelines for industries
The CEO insists that pending requests for new connections, the over-billing issue will be addressed swiftly
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OMCs failing to keep 20-day stock to face penalties
Regulator will also take action if OMCs could not lift the required products from refineries
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Oil gains as wildfires threaten Canada supply
US West Texas Intermediate crude was up $1.63, or 2.68%, at $62.42.
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PCC discusses draft framework, plans regulatory authority
SBP governor, SECP chairman and IT ministry officials discuss crypto regulation in high-level meeting
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Sanofi makes biggest European pharma deal of 2025 with Blueprint purchase
Sanofi moves to buy Blueprint Medicines for $9.5 billion, expanding its rare disease and immunology drug pipeline
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Govt challenges K-Electric tariff in NEPRA review
Energy ministry says high K-Electric tariff may cost Rs59b over 2 years, urges NEPRA to review national grid pricing
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Gold prices rise locally, globally amid escalating Russia-Ukraine conflict
Silver prices remain steady at Rs3,356 per tola and Rs2,962 per 10 grams, with no change reported
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Pakistan’s inflation rises 3.46% in May on annual basis
Average inflation rate for July 2024 to May 2025 stood at 4.61%, compared with the corresponding period in 2023–24
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Mobile tower outsourcing comes
Optic fibres should follow suit, backed by facilitating regulatory framework
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Driving Pakistan’s export future: Lucky Motor Corporation initiates export to Africa
The milestone reflects Pakistan's vision for export-driven economic growth
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A tax system built on evasion
To fix budget, govt must remove non-filer category, enforce real compliance
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No country can tax itself into prosperity
Tax reform should scrap incentive to hide income, generate revenue efficiently
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A budget beyond rhetoric
Game-changing ideas and transformative actions, not routine fixes, are what Pakistan needs now
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Navigating towards sustainable growth
While economy has averted crisis, growth forecasts remain subdued
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Economic sentiment improves as 42% Pakistanis see country on right path
Finance minister says govt committed to maintaining macroeconomic stability, deepening structural reforms
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Tarar for avoiding conflict of interests
Says new tribunal members should not hear tax cases due to past affiliations
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'Special relief in power tariff still in place'
Energy Ministry says cost of power generation increasing
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Govt considers levy on gasoline-powered cars to promote EVs
Decides to establish 'EV Fund' to support growth of electric transportation
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OPEC+ oil producers plan big hike
Increase of 411,000 bpd for July as Saudi Arabia, Russia seek to win back market share
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PSX rises modestly amid delay in budget
KSE-100 rebounds 0.49% WoW as local buyers absorb foreign selling
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Retailers push for tax reforms
CAP calls for fixed GST on digital sales, revival of prize scheme
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Repatriation, protection of investment reviewed
The meetings were attended by different stakeholders, including representatives from FPCCI.
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PBF calls for more support for handicrafts sector
Advocates for enhanced promotion, skill development in South Punjab, Balochistan
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High dollar value fueling inflation
Rupee devaluation increases cost of imports, resulting in higher fuel and food prices
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Training programme launched to address climate challenges
Siyal noted that Sindh was among the regions most vulnerable to climate change globally
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Govt unveils maritime chamber
Chaudhry says MCCI to unify maritime sectors, push sustainable growth as climate threats rise in Global South
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EU regrets increase in US steel tariffs
He planned to increase tariffs on imported steel and aluminium to 50% from 25%
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Banks delay import payments
Rising debt repayments, IMF targets pressure foreign exchange markets
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Govt eyes 4.2% growth in FY26
Inflation seen at 7.5% as tight fiscal, monetary policies continue
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Short-term inflation falls 0.81% WoW
However, mixed price trends push yearly SPI up 0.41%
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Tax shortfall exceeds Rs1 trillion
It comes despite levying record new taxes, taking advances, blocking refunds
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Stocks surge on budget relief prospects
KSE-100 rallies 720 points, driven by blue-chip buying in oil, banking and fertiliser sectors
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KCCI urges PM to release Rs23b power subsidy
Bilwani says procedural delays in disbursement due to KE hurts Karachi alone, calls for direct payment
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Railways posts Rs83b revenue
Karachi Division leads gains as historic income signals recovery but not full revival
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SBP injects Rs1.15tr to stabilise markets
Gold slips Rs700 per tola to Rs348,600; rupee gains 5 paisa to 282.02/$
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K-P seeks FED hike on gas, levy on oil
PTI govt wants greater revenue from oil and gas, urges relaxation in moratorium on supply
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Govt eyes mobile policy, exports
SAPM highlights 40,000 jobs from 38 firms; urges tech upgradation
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Electricity focus hurts balance
Minister says RLNG ignored by power producers while circular debt, diesel smuggling both rise
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Govt to challenge KE tariff decision
Leghari says profits must come from efficiency, not subsidies that hit masses
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Govt mulls 1.5% tax on imports
FBR proposal aims to curb under-invoicing, collect revenue at source
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Stocks rally on blue-chip buying
Index rises 638 points as global cues, policy hopes boost confidence
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Tiles industry warns of $400m forex outflow
Urges govt to maintain existing tax structure in budget
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Coffee sector for duty cuts
Stakeholders say removing 28% import duty on bulk instant coffee can unlock investment, lower prices, boost exports
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Govt weighs wheat product import, export
Rana Tanveer signals openness to PFMA's import-export proposal
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Inflation risks mount despite macro stability
Finance ministry economic report flags inflation spike; FX rise by $70m to $16.6b
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CAREC states invited to join Pakistan's SEZs
Minister asks Central Asian countries to explore potential of industrial clusters
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NEPRA reserves ruling on tariff
Petition highlights increased reliance on costly imported LNG and coal
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Budget to be presented on June 10, reaffirms advisor to FM
Khurram Schehzad denies delay rumours linked to Eidul Azha holidays