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SC asked to look into Reko Diq deal
Senior metallurgist calls for setting up smelters, refineries in Balochistan
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Private sector seeks support to avoid economic slump
Falling exports and foreign currency reserves worry businessmen
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Crypto meltdown a boon for bankruptcy lawyers
Large law firms can rake in $100m in legal fees during long-running bankruptcy case
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Rs16b approved for MNAs’ projects
Grants will be spent on road, electricity schemes of govt’s coalition partners
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Cement sales decline by 17%
Total dispatches stand at 4m tons in Nov against 4.8m tons in same period of last year
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Islamic banking system offers huge growth opportunity
SBP governor reaffirms support to Shariah-compliant banking, digital transformation
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Gas sector’s debt grows as prices kept low
Govt proposed 300% hike in gas prices, but it could not be adopted
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Poland fast growing market for Pakistan
Trade between two countries crosses €800 million
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Govt forms commission to reduce informal economy
It will also review budget proposals, possibility of making FBR autonomous entity
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Debt burden continues to pile up
Pakistan scheduled to pay foreign debt, debt servicing cost of $26b in 12 months
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Rising inflation brings down real wages: ILO
Report says inflationary crisis reducing purchasing power of middle class
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Chinese EV makers optimistic about Pakistan’s industry
Industry insiders believe EV will enter rapid development phase in near future
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Imports linked with ministry’s nod
New guidelines will apply to opening of fresh and carryover letters of credit
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Iqbal proposes forum to discuss private sector issues
Ministry of Planning has a plan for strategic initiatives, reforms called 5Es
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Cyber security system to be rolled out by March
It will analyse, detect and timely respond to data breach threats
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Margins, freight rates increased for OMCs
Experts term move positive development for earnings of oil companies
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Forex reserves drop by $327m to $7.49b
SBP cites debt repayment as reason for decrease in reserves
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Govt gets less-than-targeted financing in T-bills auction
Banks inject Rs215 billion into govt papers at sharply higher rate of return
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OPEC+ signals policy rollover
Decision to hold Dec 4 meeting virtually signals little likelihood of policy change
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Two 110MW wind power projects inaugurated
Promotion of renewable energy will reduce consumer tariff, imports, says Dastgir
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SBP to promote interest-free banking
Govt appreciated for withdrawing SBP, NBP appeals against FSC decision
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Govt decides against POL price cut
Diesel rate should have been cut by Rs11.95 per litre, but govt did not revise it
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CPI drops by 2.8% to 23.8%
Prices were up 0.8% in November from previous month, says Pakistan Bureau of Statistics
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FBR beats Rs2.68tr tax target
Collects Rs2.69tr in Jul-Nov due to enforcement measures, income tax growth
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Mastercard loses UK ruling on 3m dead claimants in $12b case
Merricks alleges Mastercard charged excessive ‘interchange’ fees
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PSX inches down in range-bound trading
Benchmark KSE-100 index falls 24.96 points to settle at 42,348.63
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Pakistan contributes 0.5% to banana market
Chinese technology can help in growing high yield fruit
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REER hits 18-month high
Appreciation in real effective exchange rate may widen current account deficit
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IMF unsatisfied with revenue plan
Seeks additional information, details of revived development projects
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Careem marks Pakistan as largest ride-hailer
Lack of quality mass transportation favours ride-hailing service to widen network
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Low wheat output, high expenses
Economic outlook report says expenditure will remain higher due to floods
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Germany to get new Qatari LNG flows
Long-term agreement will provide two million tonnes LNG annually to Germany
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Russian oil imports hit roadblock
Pakistan planned on importing Russian oil in line with the price cap set by the US
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Rs0.32 tariff cut on cards
Consumers will get relief of Rs3.3b under fuel cost adjustment for Oct
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Petroleum levy on diesel likely to be increased
Dar expected to maintain existing oil prices for the first two weeks of December
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KE’s tariff increased by Rs3.21 per unit
ECC also approves subsidy of Rs3.6 per unit for agriculture tube wells
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Rupee holds ground at Rs223.95
Currency stabilises after receipt of fresh loan worth $500 million from AIIB
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CPEC projects offer low-cost electricity
Installed capacity of such high efficiency projects stands at 6,570MW
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Kibor hits all-time high at 16.81%
Six-month Kibor increased by 91 basis points from 15.9% on Friday
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‘Suspension of DCB jeopardising IT sector’
Key stakeholders say SBP’s decision will reduce trust, investment flows
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Water availability down to alarming levels: WAPDA
Stresses on new dams, water conservation to improve situation
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Pakistan, China set up S&T centre
Delegation of Chinese enterprises will visit Pakistan for in-depth field investigation
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Govt gives nod for sugar export
At least 100,000 tons may be exported that will fetch $53 million
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Oil and gas exploration deals inked
Energy firms will make minimum investment of $65m in first three years
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Import of Russian oil, gas on the cards
Islamabad to enter import deal on terms similar to those agreed by New Delhi
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‘Wheat import might be inevitable’
Minister says Punjab to increase production by 4-5 maunds per acre on a total of 16.5 million acres
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SEZs to woo global investors
Arrival of China’s manufacturers will drive industrial modernisation
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US crude turns positive
Weakened demand out of China could reduce oil output
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Minister heads to Russia for oil and gas talks
Islamabad seeks fuel import deal with Moscow on terms similar to those agreed by New Delhi
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Sugar exports must be allowed
If government delays decision any further, it will face a triple whammy
















































